Republic Airways Holdings Inc
RJETIndustrials·Airlines·USA·Small·NASD·Nov 11 • 3:59 PM ET
21.34-0.08 (-0.37%)
2026-11-12 04:32 CET
Market cap
997.65 USD m
Revenue, TTM
2,116.10 USD m
Net income, TTM
97.70 USD m
Free cash flow, TTM
8.54 USD m
EPS diluted, TTM
2.12
P/E
10.05
Price
RJET against its 20, 50 and 200-day averages2050200
20.1% under the 52-week high of 26.70 on 26 May 2026. 52-week low 15.37 on 30 Apr 2026. Last 15 sessions, 33.4% high to low
Volume 1.07× normal · the line is the 50-bar volume average
Profile
RJET52-week range, 53% of the way up
15.3626.70
Republic Airways Holdings, Inc. is a holding company that engages in the provision of passenger airline services. The airlines provide fixed-fee flights operated under their codeshare partners brands: American Eagle, Delta Connection, and United Express. The company was founded in 1974 and is headquartered in Carmel, IN.
| Index | RUT |
|---|---|
| Employees | 8400 |
| IPO | Aug 10, 2018 |
| Beta | 2.32 |
| ATR, 14d | 0.95 |
| Rel volume | 1.07 |
| Short float | 6.44% |
| Insider own | 70.06% |
| Inst own | 27.61% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 997.65M |
| Enterprise Value | 1.84B |
| Income | 97.70M |
| Sales | 2.12B |
| Book/sh | 30.96 |
| Cash/sh | 6.68 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | 0.00% |
| Employees | 8400 |
| IPO | Aug 10, 2018 |
Ratios
| P/E | 10.05 |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.47 |
| P/B | 0.69 |
| P/C | 3.19 |
| P/FCF | 116.82 |
| EV/EBITDA | 4.86 |
| EV/Sales | 0.87 |
| Quick Ratio | 0.87 |
| Current Ratio | 1.07 |
| Debt/Eq | 0.81 |
| LT Debt/Eq | 0.67 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | 2.12 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | - -30.63% |
| Sales past 3/5Y | 46.70% 25.20% |
| EPS Y/Y TTM | 107.71% |
| Sales Y/Y TTM | 437.81% |
| EPS Q/Q | 114.76% |
| Sales Q/Q | 510.42% |
| Earnings | Oct 29 BMO |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 70.06% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 27.61% |
| Inst Trans | 4.31% |
| ROA | 5.71% |
| ROE | 14.26% |
| ROIC | 4.11% |
| Gross Margin | 27.39% |
| Oper. Margin | 11.34% |
| Profit Margin | 4.62% |
| SMA20 | 14.78% |
| SMA50 | 18.25% |
| SMA200 | 12.75% |
| Trades | - |
Technical
| Shs Outstand | 45.95M |
|---|---|
| Shs Float | 14.00M |
| Short Float | 6.44% |
| Short Ratio | 10.67 |
| Short Interest | 0.90M |
| 52W High | 26.70 -20.07% |
| 52W Low | 15.36 38.89% |
| Volatility | 4.47% 5.06% |
| ATR (14) | 0.95 |
| RSI (14) | 68.28 |
| Beta | 2.32 |
| Rel Volume | 1.07 |
| Avg Volume | 84.52K |
| Volume | 90,540 |
Performance
| Perf Week | 4.10% |
|---|---|
| Perf Month | 27.86% |
| Perf Quarter | 3.69% |
| Perf Half Y | -3.57% |
| Perf YTD | 16.17% |
| Perf Year | -15.82% |
| Perf 3Y | 205.88% |
| Perf 5Y | -83.53% |
| Perf 10Y | - |
| Recom | 3.00 |
| Target Price | 30.00 |
| Prev Close | 21.42 |
| Price | 21.34 |
| Change % | -0.37% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| SKYW | Skywest Inc | 3.25B |
| AAL | American Airlines Group Inc | 9.34B |
| UAL | United Airlines Holdings Inc | 38.46B |
| ALK | Alaska Air Group Inc | 4.63B |
| DAL | Delta Air Lines Inc | 60.08B |
| JBLU | Jetblue Airways Corp | 1.52B |
| SRFM | Surf Air Mobility Inc | 95.20M |
| ALGT | Allegiant Travel | 2.63B |
| ULCC | Frontier Group Holdings Inc | 1.86B |
| FLYX | flyExclusive Inc | 111.27M |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| AVUV | Avantis U.S. Small Cap Value ETF | AUM: 32.39B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| AVSC | Avantis U.S Small Cap Equity ETF | AUM: 3.23B |
| GSSC | Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF | AUM: 1.06B |
| VIS | Vanguard Industrials ETF | AUM: 7.76B |
News
latest 14 of 50- Republic Airways Raises Its Outlook Again, But Merger-Driven Growth Hides A Softer Quarter (Earnings Whispers) +8.06%
- Republic Airways Holdings: Q3 Earnings Snapshot (Associated Press)
- Republic Airways Announces Third Quarter 2026 Financial Results (Business Wire)
- Republic Airways Holdings Inc. Announces Webcast of Third Quarter 2026 Financial Results (Business Wire)
- Republic Airways Holdings Inc (RJET) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth ... (GuruFocus.com) +20.61% -5.14%
- Republic Airways Holdings: Q2 Earnings Snapshot (Associated Press)
- Republic Airways Holdings Inc. Announces Q2 2026 Financial Results And Increases Full Year Guidance (Business Wire)
- Flight Delays Spread Across East Cost (Barrons.com)
- U.S.-Iran Conflict Escalates With New Round of Airstrikes (Barrons.com)
- Republic Airways Holdings Inc. Announces Webcast of Second Quarter 2026 Financial Results (Business Wire)
- Republic Airways Leadership to Speak at Bank of America Industrials, Transportation & Airlines Key Leaders Conference (Business Wire) +6.79%
- Republic Airways Holdings Inc (RJET) Q1 2026 Earnings Call Highlights: Strong Financial ... (GuruFocus.com)
- Republic Airways Holdings Inc. Announces Q1 2026 Financial Results (Business Wire)
- Republic Airways' Matt Koscal Appointed President and Chief Executive Officer Effective June 15, 2026 (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q1 | 2026-04-29 | 0.730 | - | 0.584 | 527.4 | - | - |
| 2025Q4 | 2026-03-04 | 0.540 | - | 0.117 | 464.1 | - | - |
| 2025Q3 | 2025-08-13 | - | - | 7.505 | 92.80 | - | - |
| 2025Q1 | 2025-05-20 | -0.100 | - | -40.626 | 103.23 | - | - |
| 2025Q2 | 2025-05-20 | -0.070 | - | -21.277 | 94.75 | - | - |
| 2024Q4 | 2025-05-14 | - | - | -9.043 | 115.26 | - | - |
| 2024Q3 | 2024-10-16 | -3.450 | - | -7.200 | 110.79 | - | - |
| 2024Q2 | 2024-06-18 | 0.150 | - | 4.259 | 131.58 | - | - |
| 2024Q1 | 2024-05-20 | -0.530 | - | -21.196 | 118.78 | - | - |
| 2023Q4 | 2024-01-26 | -0.640 | - | -10.399 | 114.37 | - | - |
| 2023Q3 | 2023-08-11 | -0.670 | - | -17.534 | 114.69 | - | - |
| 2023Q2 | 2023-05-09 | -0.530 | - | -13.193 | 121.83 | - | - |
| 2023Q1 | 2023-02-09 | -0.120 | - | -3.748 | 147.17 | - | - |
| 2022Q4 | 2022-12-29 | -0.370 | - | -47.683 | 125.63 | - | - |
| 2022Q3 | 2022-08-08 | -0.200 | - | -4.139 | 134.4 | - | - |
| 2022Q2 | 2022-05-09 | -0.290 | - | -17.803 | 123.21 | - | - |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2022FY | -16.800 | - | -75.836 | 531 | - |
| 2023FY | -30.150 | -22.350 | -45.600 | 498.07 | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| No estimate revisions. | ||||||||
Estimate history
| EPS, annual | 14.106 | 19.817 | 20.354 | 11.668 | 6.406 | -75.836 | -45.654 | -33.187 | 1.874 | 2.1241 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -7.245 | -9.043 | -40.626 | -21.277 | 7.505 | 0.117 | 0.584 | 0.676 | 0.747 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Sales, annual | 643.576 | 681.595 | 723.357 | 545.07 | 503.591 | 531.001 | 498.065 | 476.409 | 1676.5 | 2116.1 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 110.793 | 115.257 | 103.233 | 94.747 | 92.784 | 464.1 | 527.4 | 571.1 | 553.5 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Shares, annual | 2.327 | 1.594 | 2.094 | 2.368 | 2.397 | 2.425 | 2.729 | 2.755 | 45.713 | 45.951 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 2.754 | 2.755 | 2.755 | 3.082 | 2.791 | 45.713 | 45.604 | 45.892 | 45.951 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,116.10 | 1,676.50 | 476.41 | 498.06 | 531.00 | 503.59 | 545.07 | 723.36 | 681.60 |
| Cost of Goods Sold Incl. D&A | 1,536.60 | 1,210.50 | 417.04 | 482.95 | 497.46 | 505.51 | 496.49 | 542.15 | 540.19 |
| Gross Profit | 579.50 | 466.00 | 59.37 | 15.11 | 33.54 | -1.92 | 48.58 | 181.20 | 141.40 |
| Selling, General and Administrative Excl. Other | 339.50 | 297.70 | 44.25 | 48.77 | 43.97 | 49.85 | 52.25 | 50.53 | 44.95 |
| Other Operating Expense | 0.00 | 0.00 | 6.55 | 3.51 | 7.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 240.00 | 168.30 | 8.57 | -37.16 | -17.67 | -51.77 | -3.67 | 130.68 | 96.46 |
| Interest Expense | 65.70 | 60.60 | 38.45 | 49.92 | 35.29 | 34.73 | 44.12 | 55.72 | 56.87 |
| Unusual Expense | 29.80 | 5.40 | 66.40 | 48.94 | 172.06 | 5.46 | 0.00 | 13.16 | 23.81 |
| Net Income Before Taxes | 147.10 | 113.40 | -90.50 | -128.86 | -234.67 | 22.42 | 36.99 | 63.29 | 15.83 |
| Income Taxes | 49.40 | 37.20 | 0.52 | -8.74 | -51.99 | 5.83 | 9.53 | 15.71 | -17.43 |
| Consolidated Net Income | 97.70 | 76.20 | -91.02 | -120.12 | -182.68 | 16.59 | 27.46 | 47.58 | 33.26 |
| Net Income From Continuing Operations | 97.70 | 76.20 | -91.02 | -120.12 | -182.68 | 16.59 | 27.46 | 47.58 | 33.26 |
| Net Income | 97.70 | 76.20 | -91.02 | -120.12 | -182.68 | 16.59 | 27.46 | 47.58 | 33.26 |
| EPS (Recurring) | 2.56 | 1.97 | -16.24 | -32.63 | -25.84 | 7.88 | 11.67 | 24.29 | 29.75 |
| EPS (Basic, Before Extraordinaries) | 2.14 | 1.90 | -33.19 | -45.65 | -75.84 | 6.97 | 11.69 | 20.53 | 36.91 |
| EPS (Diluted) | 2.12 | 1.87 | -33.19 | -45.65 | -75.84 | 6.41 | 11.67 | 20.35 | 19.82 |
| EBITDA | 378.10 | 294.60 | 48.61 | 23.19 | 63.84 | 31.07 | 78.63 | 208.67 | 161.49 |
| Non-Operating Income (Expense) | 2.60 | 11.10 | 5.79 | 7.16 | -9.65 | 114.38 | 84.78 | 1.48 | 0.05 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 4.11 | 1.05 | 1.80 | 2.18 | 2.28 | 3.22 | 4.01 | 10.19 |
| Price To Earnings Ratio | 10.05 | 10.05 | - | - | - | 17.85 | 3.79 | 4.95 | 35.40 |
| Price To Sales Ratio | 0.40 | 0.45 | 0.10 | 0.07 | 0.11 | 0.59 | 0.19 | 0.33 | 0.51 |
| Gross Margin | 27.39 | 27.80 | 12.46 | 3.03 | 6.32 | -0.38 | 8.91 | 25.05 | 20.75 |
| Operating Margin | 11.34 | 10.04 | 1.80 | -7.46 | -3.33 | -10.28 | -0.67 | 18.07 | 14.15 |
| Net Margin | 4.62 | 4.55 | -19.10 | -24.12 | -34.40 | 3.29 | 5.04 | 6.58 | 4.88 |
| Shares Outstanding | 45.95 | 45.71 | 2.76 | 2.73 | 2.43 | 2.40 | 2.37 | 2.09 | 1.59 |
| Market Capitalization | 997.65 | 997.65 | 50.01 | 35.07 | 60.02 | 275.44 | 104.80 | 211.88 | 320.49 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 553.50 | 571.10 | 527.40 | 464.10 | 90.68 | 92.78 | 94.75 | 103.23 |
| Cost of Goods Sold Incl. D&A | 401.50 | 413.00 | 381.00 | 341.10 | 80.56 | 81.44 | 87.02 | 91.39 |
| Gross Profit | 152.00 | 158.10 | 146.40 | 123.00 | 10.11 | 11.34 | 7.73 | 11.84 |
| Selling, General and Administrative Excl. Other | 82.10 | 85.80 | 82.70 | 88.90 | 11.96 | 11.54 | 11.11 | 9.52 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.76 |
| Operating Income | 69.90 | 72.30 | 63.70 | 34.10 | -1.85 | -0.20 | -3.37 | 1.56 |
| Interest Expense | 16.30 | 16.80 | 16.80 | 15.80 | 2.83 | 3.26 | 5.33 | 7.06 |
| Unusual Expense | 6.70 | 13.60 | 9.50 | 0.00 | 7.33 | -0.05 | 46.18 | 61.21 |
| Net Income Before Taxes | 49.20 | 43.40 | 37.60 | 16.90 | -11.59 | 20.62 | -62.49 | -116.29 |
| Income Taxes | 14.60 | 12.20 | 10.70 | 11.90 | 2.54 | -0.24 | -3.86 | -4.34 |
| Consolidated Net Income | 34.60 | 31.20 | 26.90 | 5.00 | -14.12 | 20.86 | -58.63 | -111.94 |
| Net Income From Continuing Operations | 34.60 | 31.20 | 26.90 | 5.00 | -14.12 | 20.86 | -58.63 | -111.94 |
| Net Income | 34.60 | 31.20 | 26.90 | 5.00 | -14.12 | 20.86 | -58.63 | -111.94 |
| EPS (Recurring) | 0.85 | 0.88 | 0.73 | 0.12 | -3.22 | 7.49 | -9.54 | -25.08 |
| EPS (Basic, Before Extraordinaries) | 0.75 | 0.68 | 0.59 | 0.12 | -5.06 | 7.55 | -21.28 | -40.63 |
| EPS (Diluted) | 0.75 | 0.68 | 0.58 | 0.12 | -5.06 | 7.51 | -21.28 | -40.63 |
| EBITDA | 105.20 | 107.50 | 98.20 | 67.20 | 0.41 | 3.18 | 2.58 | 9.54 |
| Non-Operating Income (Expense) | 2.30 | 1.50 | 0.20 | -1.40 | 0.42 | 24.02 | -7.60 | -49.58 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.90 | 2.05 | 2.92 | - | 0.13 | 0.21 | 0.21 | 0.24 |
| Price To Earnings Ratio | 10.05 | 6.68 | - | - | - | - | - | - |
| Price To Sales Ratio | 0.40 | 0.59 | 0.70 | 1.05 | 0.14 | 0.09 | 0.07 | 0.10 |
| Gross Margin | 27.46 | 27.68 | 27.76 | 26.50 | 11.15 | 12.22 | 8.16 | 11.47 |
| Operating Margin | 12.63 | 12.66 | 12.08 | 7.35 | -2.04 | -0.21 | -3.56 | 1.51 |
| Net Margin | 6.25 | 5.46 | 5.10 | 1.08 | -15.58 | 22.48 | -61.88 | -108.44 |
| Shares Outstanding | 45.95 | 45.89 | 45.60 | 45.71 | 2.79 | 2.79 | 3.08 | 2.76 |
| Market Capitalization | 997.65 | 983.89 | 837.31 | 51.30 | 54.44 | 38.93 | 36.20 | 47.94 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 319.90 | 18.63 | 36.07 | 61.02 | 123.87 | 102.84 | 72.50 | 127.06 | 60.35 |
| Short Term Receivables | 90.20 | 5.26 | 8.25 | 3.98 | 3.17 | 13.71 | 23.08 | 14.29 | 8.85 |
| Inventories | 88.50 | 28.27 | 29.25 | 26.71 | 24.47 | 22.97 | 21.34 | 15.66 | 15.11 |
| Other Current Assets | 42.10 | 9.11 | 65.02 | 6.62 | 6.88 | 14.81 | 38.83 | 38.97 | 59.66 |
| Total Current Assets | 540.70 | 61.28 | 138.59 | 98.33 | 158.39 | 154.33 | 155.75 | 195.97 | 143.98 |
| Net Property, Plant & Equipment | 2,541.70 | 433.58 | 707.73 | 908.34 | 1,244.99 | 1,335.67 | 1,273.59 | 1,250.83 | 1,194.39 |
| Total Investments and Advances | 15.30 | 0.30 | 20.32 | 15.18 | 25.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Note Receivable | - | 6.08 | 8.76 | - | - | - | 3.90 | - | 0.00 |
| Intangible Assets | 122.50 | - | 0.00 | 3.84 | 6.79 | 8.03 | 9.53 | 11.34 | 11.72 |
| Deferred Tax Assets | - | - | - | - | - | - | 117.42 | 106.03 | 134.22 |
| Other Assets | 56.40 | 95.62 | 23.07 | 89.90 | 21.28 | 3.90 | 9.15 | 14.25 | 7.56 |
| Total Assets | 3,276.60 | 596.86 | 898.47 | 1,115.60 | 1,456.60 | 1,501.93 | 1,569.34 | 1,578.41 | 1,491.87 |
| Short Term Debt Incl. Current Port. of LT Debt | 218.50 | 52.14 | 167.06 | 114.45 | 144.36 | 233.20 | 165.90 | 155.17 | 140.47 |
| Accounts Payable | 136.00 | 72.10 | 58.96 | 59.39 | 61.48 | 53.23 | 49.93 | 54.31 | 44.74 |
| Other Current Liabilities | 219.80 | 50.23 | 41.89 | 40.64 | 52.35 | 66.90 | 40.88 | 41.90 | 33.01 |
| Total Current Liabilities | 574.30 | 174.46 | 267.91 | 214.48 | 258.19 | 353.33 | 256.71 | 251.38 | 218.21 |
| Long Term Debt | 1,006.80 | 266.68 | 372.81 | 519.25 | 573.69 | 604.99 | 677.42 | 760.18 | 803.87 |
| Provision for Risks Charges | 0.00 | 0.48 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 220.90 | 8.17 | 8.41 | 17.72 | 69.94 | 64.28 | 172.72 | 145.82 | 190.66 |
| Other Liabilities | 146.10 | 36.82 | 48.88 | 55.98 | 66.73 | 21.48 | 36.62 | 46.57 | 56.90 |
| Total Liabilities | 1,948.10 | 486.62 | 698.43 | 807.43 | 968.55 | 1,044.07 | 1,143.47 | 1,203.95 | 1,269.64 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,328.50 | 110.24 | 200.04 | 308.17 | 488.05 | 457.86 | 425.87 | 374.47 | 222.22 |
| Total Shareholders Equity | 1,328.50 | 110.24 | 200.04 | 308.17 | 488.05 | 457.86 | 425.87 | 374.47 | 222.22 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1,328.50 | 110.24 | 200.04 | 308.17 | 488.05 | 457.86 | 425.87 | 374.47 | 222.22 |
| Total Liabilities & Stockholders Equity | 3,276.60 | 596.86 | 898.47 | 1,115.60 | 1,456.60 | 1,501.93 | 1,569.34 | 1,578.41 | 1,491.87 |
| Book Value Per Share | 29.06 | 40.01 | 73.29 | 127.08 | 203.59 | 193.31 | 203.35 | 234.99 | 95.49 |
| Tangible Book Value Per Share | 26.38 | 40.01 | 73.29 | 125.49 | 200.75 | 189.92 | 198.80 | 227.88 | 90.45 |
| Full-Time Employees | 8,400 | 1,838 | 2,303 | 2,454 | 3,241 | 3,200 | 3,576 | 3,412 | 3,132 |
| Price to Book Ratio | 0.69 | 0.45 | 0.15 | 0.19 | 0.56 | 0.23 | 0.50 | 1.38 | 1.38 |
| Return on Assets | 3.93 | -12.17 | -11.93 | -14.20 | 1.12 | 1.79 | 3.02 | 2.17 | 2.27 |
| Return on Equity | 10.59 | -58.67 | -47.27 | -45.89 | 3.51 | 6.22 | 11.89 | 11.15 | 15.96 |
| Return on Invested Capital | 3.26 | -24.15 | -20.97 | -22.08 | 1.56 | 2.58 | 4.31 | 2.93 | 3.20 |
| Quick Ratio | 0.79 | 0.19 | 0.41 | 0.33 | 0.52 | 0.37 | 0.52 | 0.72 | 0.59 |
| Current Ratio | 0.94 | 0.35 | 0.52 | 0.46 | 0.61 | 0.44 | 0.61 | 0.78 | 0.66 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | - | 76.20 | -91.02 | -120.12 | -182.68 | 16.59 | 27.46 | 47.58 | 33.26 |
| Depreciation | - | 126.30 | 40.04 | 60.36 | 81.51 | 82.85 | 82.30 | 77.99 | 65.03 |
| Other Funds (Non Cash) | - | 26.10 | 71.92 | 55.65 | 193.67 | 22.98 | 19.64 | 12.66 | 22.12 |
| Funds from Operations | - | 262.50 | 20.71 | -13.41 | 40.28 | 128.08 | 138.64 | 153.74 | 102.53 |
| Extraordinary Item | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | - | 59.50 | 13.54 | -10.68 | -26.92 | 4.79 | 36.02 | -2.07 | 16.41 |
| Cash from Operating Activities | 542.71 | 322.00 | 34.24 | -24.09 | 13.36 | 132.87 | 174.66 | 151.68 | 118.94 |
| Capital Expenditures | -534.18 | -396.90 | -20.31 | -36.64 | -40.81 | -17.15 | -26.67 | -125.35 | -117.99 |
| Net Assets From Acquisitions | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale of Fixed Assets and Businesses | -76.94 | 0.70 | 158.33 | 178.64 | 50.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 40.70 | 36.30 | 9.62 | 0.00 | -0.20 | -10.00 | 0.00 | 20.08 | -19.92 |
| Purchase of Investments | -296.80 | -176.20 | 0.00 | 0.00 | -0.20 | -10.00 | 0.00 | -14.88 | -19.92 |
| Sale Or Maturity of Investments | 337.50 | 212.50 | 9.62 | 0.00 | 0.00 | 0.00 | 0.00 | 34.96 | - |
| Other Uses | -15.74 | -13.80 | -0.38 | 0.00 | -7.62 | -6.32 | 0.00 | 0.00 | -0.65 |
| Other Sources | 22.80 | 22.80 | 1.53 | 0.28 | 0.00 | 0.00 | 0.00 | 0.43 | 0.00 |
| Cash from Investing Activities | -563.35 | -350.90 | 148.79 | 142.28 | 1.36 | -33.47 | -26.67 | -104.84 | -138.56 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.03 | 0.28 | -0.06 | -1.01 | -0.59 | -1.69 | 106.71 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | -0.46 | -1.49 | -0.59 | -1.87 | -17.53 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.03 | 0.28 | 0.40 | 0.47 | 0.00 | 0.18 | 124.25 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 124.25 |
| Issuance or Reduction of Debt, Net | 64.53 | 67.80 | -200.37 | -143.07 | -77.51 | -77.36 | -117.07 | -79.78 | -40.30 |
| Change in Long Term Debt | 64.53 | 67.80 | -200.37 | -143.07 | -77.51 | -77.36 | -117.07 | -79.78 | -40.30 |
| Issuance of Long Term Debt | 363.80 | 299.40 | 86.86 | 59.96 | 37.40 | 193.67 | 21.22 | 164.31 | 181.85 |
| Reduction of Long Term Debt | -299.27 | -231.60 | -287.22 | -203.03 | -114.91 | -271.03 | -138.29 | -244.09 | -222.15 |
| Net Financing Active Other Cash Flow | -23.79 | -13.10 | -0.14 | -0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | -23.79 | -13.10 | -0.14 | -0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 40.74 | 54.70 | -200.47 | -143.15 | -77.57 | -78.37 | -117.66 | -81.47 | 66.41 |
| Net Change in Cash | 20.10 | 25.80 | -17.44 | -24.95 | -62.84 | 21.03 | 30.34 | -34.63 | 46.79 |
| Free Cash Flow | 8.54 | -74.90 | 13.93 | -60.73 | -27.45 | 115.72 | 148.00 | 26.33 | 0.95 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | 98.02 | - | 3.57 | - | - | 2.57 | 0.70 | 8.98 | 367.23 |
| Deferred Taxes & Investment Tax Credit | - | 33.90 | -0.24 | -9.30 | -52.22 | 5.67 | 9.23 | 15.50 | -17.87 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q4 | 2025Q3 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 312.30 | 299.80 | 295.60 | 319.90 | 41.78 | 45.52 |
| Short Term Receivables | 57.60 | 68.50 | 46.00 | 90.20 | 20.35 | 8.72 |
| Inventories | 106.60 | 99.10 | 95.30 | 88.50 | 16.63 | 16.17 |
| Other Current Assets | 75.60 | 67.70 | 49.60 | 42.10 | 35.86 | 63.02 |
| Total Current Assets | 552.10 | 535.10 | 486.50 | 540.70 | 114.63 | 133.44 |
| Net Property, Plant & Equipment | 2,533.90 | 2,546.50 | 2,590.70 | 2,541.70 | 38.89 | 39.74 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 15.30 | 0.30 | 0.35 |
| Intangible Assets | 111.70 | 109.90 | 122.50 | 122.50 | - | - |
| Deferred Tax Assets | - | - | - | - | 0.32 | - |
| Other Assets | 64.00 | 64.90 | 65.30 | 56.40 | 0.86 | 0.68 |
| Total Assets | 3,261.70 | 3,256.40 | 3,265.00 | 3,276.60 | 158.93 | 178.65 |
| Short Term Debt Incl. Current Port. of LT Debt | 200.70 | 203.40 | 210.20 | 218.50 | 69.66 | 86.42 |
| Accounts Payable | 67.30 | 111.60 | 116.20 | 136.00 | 57.48 | 50.13 |
| Other Current Liabilities | 246.80 | 205.40 | 193.80 | 219.80 | 42.81 | 38.07 |
| Total Current Liabilities | 514.80 | 520.40 | 520.20 | 574.30 | 169.96 | 174.62 |
| Long Term Debt | 952.40 | 991.10 | 1,028.70 | 1,006.80 | 33.44 | 35.12 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 1.76 | 1.74 |
| Deferred Tax Liabilities | 245.10 | 231.20 | 230.40 | 220.90 | - | 0.57 |
| Other Liabilities | 126.90 | 127.40 | 134.00 | 146.10 | 6.42 | 7.89 |
| Total Liabilities | 1,839.20 | 1,870.10 | 1,913.30 | 1,948.10 | 211.57 | 219.93 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,422.50 | 1,386.30 | 1,351.70 | 1,328.50 | -52.64 | -41.28 |
| Total Shareholders Equity | 1,422.50 | 1,386.30 | 1,351.70 | 1,328.50 | -52.64 | -41.28 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1,422.50 | 1,386.30 | 1,351.70 | 1,328.50 | -52.64 | -41.28 |
| Total Liabilities & Stockholders Equity | 3,261.70 | 3,256.40 | 3,265.00 | 3,276.60 | 158.93 | 178.65 |
| Book Value Per Share | 30.96 | 30.21 | 29.64 | 29.06 | -18.85 | -14.79 |
| Tangible Book Value Per Share | 28.53 | 27.81 | 26.95 | 26.38 | -18.85 | -14.79 |
| Full-Time Employees | - | - | - | 8,400 | - | - |
| Price to Book Ratio | 0.69 | 0.71 | 0.62 | -0.97 | -1.03 | -0.94 |
| Return on Assets | 5.71 | 2.85 | 2.22 | -2.42 | -18.66 | -18.67 |
| Return on Equity | 14.26 | 7.28 | 5.99 | -6.52 | -186.79 | -145.70 |
| Return on Invested Capital | 1.46 | 1.31 | 1.13 | 0.21 | - | - |
| Quick Ratio | 0.87 | 0.84 | 0.75 | 0.79 | 0.58 | 0.67 |
| Current Ratio | 1.07 | 1.03 | 0.94 | 0.94 | 0.67 | 0.76 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q4 | 2025Q3 |
|---|---|---|---|---|---|---|
| Net Income | - | - | - | 128.10 | - | - |
| Depreciation | - | - | - | 114.71 | - | - |
| Other Funds (Non Cash) | - | - | - | -13.78 | - | - |
| Funds from Operations | - | - | - | 266.18 | - | - |
| Extraordinary Item | - | 0.00 | 0.00 | 0.00 | - | - |
| Changes in Working Capital | - | - | - | 90.43 | - | - |
| Cash from Operating Activities | 79.00 | 49.30 | 57.80 | 356.61 | - | - |
| Capital Expenditures | -28.70 | -20.50 | -93.10 | -391.88 | - | - |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | - | - | - |
| Sale of Fixed Assets and Businesses | 0.20 | 20.90 | 1.80 | -99.84 | - | - |
| Purchase or Sale of Investments | 1.70 | 1.40 | 1.30 | 36.30 | - | - |
| Purchase of Investments | -43.30 | -38.60 | -38.70 | -176.20 | - | - |
| Sale Or Maturity of Investments | 45.00 | 40.00 | 40.00 | 212.50 | - | - |
| Other Uses | 0.00 | 0.00 | -2.00 | -13.74 | - | - |
| Other Sources | 0.00 | 0.00 | 0.00 | 22.80 | - | - |
| Cash from Investing Activities | -26.80 | 1.80 | -92.00 | -446.35 | - | - |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Issuance or Reduction of Debt, Net | -38.20 | -42.70 | 15.60 | 129.83 | - | - |
| Change in Long Term Debt | -38.20 | -42.70 | 15.60 | 129.83 | - | - |
| Issuance of Long Term Debt | 0.00 | 0.00 | 64.40 | 299.40 | - | - |
| Reduction of Long Term Debt | -38.20 | -42.70 | -48.80 | -169.57 | - | - |
| Net Financing Active Other Cash Flow | -1.10 | -4.00 | -5.60 | -13.09 | - | - |
| Other Financing Activities Uses | -1.10 | -4.00 | -5.60 | -13.09 | - | - |
| Cash from Financing Activities | -39.30 | -46.70 | 10.00 | 116.75 | - | - |
| Net Change in Cash | 12.90 | 4.40 | -24.20 | 27.00 | - | - |
| Free Cash Flow | 50.30 | 28.80 | -35.30 | -35.27 | - | - |
| Price to Free Cash Flow | 98.02 | - | - | - | - | - |
Revenue breakdown
| Total Air Transportation, Scheduled revenue | 2025: 1.68B |
|---|---|
| United States | 2025: 1.68B |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 6.44% | 0.9M | 14.0M | 79.97K |
| 2026-10-15 | 7.71% | 1.1M | 14.0M | 88.45K |
| 2026-09-30 | 7.36% | 1.0M | 14.0M | 92.12K |
| 2026-09-15 | 7.69% | 1.1M | 14.0M | 125.17K |
| 2026-08-31 | 7.15% | 1.0M | 14.0M | 137.97K |
| 2026-08-14 | 6.54% | 0.9M | 14.0M | 166.11K |
| 2026-07-31 | 5.98% | 0.8M | 14.0M | 173.39K |
| 2026-07-15 | 5.39% | 0.8M | 14.0M | 174.05K |
| 2026-06-30 | 5.38% | 0.8M | 14.0M | 176.26K |
| 2026-06-15 | 2.89% | 0.4M | 14.0M | 169.01K |
| 2026-05-29 | 4.00% | 0.6M | 14.0M | 163.03K |
| 2026-05-15 | 3.56% | 0.5M | 14.1M | 140.83K |
| 2026-04-30 | 4.14% | 0.6M | 13.8M | 130.06K |
| 2026-04-15 | 2.87% | 0.5M | 18.3M | 116.37K |
| 2026-03-31 | 2.15% | 0.4M | 18.3M | 111.79K |
| 2026-03-13 | 1.27% | 0.2M | 18.3M | 80.85K |
| 2026-02-27 | 0.48% | 0.1M | 18.3M | 63.25K |
| 2026-02-13 | 0.33% | 0.1M | 19.0M | 50.48K |
| 2026-01-30 | 11.77% | 0.1M | 0.7M | 43.03K |
| 2026-01-15 | 10.30% | 0.1M | 0.7M | 36.76K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-30 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-29 | 8-K | Current report | 2026-10-29 | SEC |
| 2026-10-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-12 | SEC |
| 2026-10-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-12 | SEC |
| 2026-10-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-12 | SEC |
| 2026-10-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-12 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-06 | SCHEDULE 13G | SEC | ||
| 2026-07-31 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-30 | 8-K | Current report | 2026-07-30 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-17 | 8-K | Current report | 2026-06-11 | SEC |
| 2026-06-17 | 8-K/A | 2026-04-22 | SEC | |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| United Airlines Holdings, Inc. | 22.40% |
| American Airlines Group Inc. | 20.83% |
| DELTA AIR LINES, INC. | 14.46% |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 9.28% |
| Owl Creek Asset Management, L.P. | 9.14% |
| BlackRock, Inc. | 2.33% |
| PAR CAPITAL MANAGEMENT INC | 1.08% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.94% |
| DONALD SMITH & CO., INC. | 0.58% |
| UBS Group AG | 0.52% |
Funds
| Fund | % owned |
|---|---|
| Avantis U.S. Small Cap Value ETF | 0.92% |
| iShares Russell 2000 ETF | 0.71% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.51% |
| Fidelity Small Cap Index Fund | 0.33% |
| iShares Russell 2000 Value ETF | 0.28% |
| Fidelity Extended Market Index Fund | 0.22% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.17% |
| iShares Micro-Cap ETF | 0.10% |
| Fidelity Total Market Index Fund | 0.08% |
| Avantis U.S. Small Cap Value Fund | 0.07% |
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