Flyexclusive (FLYX) Interest Coverage Ratio (2021 - 2026)
Flyexclusive (FLYX) posted quarterly Interest Coverage Ratio of 0.11 for Q1 2026, up 95.98% year-over-year from 0.06 in Q1 2025, and down 113.15% quarter-over-quarter from 0.84 in Q4 2025.
Flyexclusive (FLYX) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Flyexclusive (FLYX) has reported Interest Coverage Ratio for 6 consecutive years, with 0.11 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 95.98% year-over-year to 0.11; the TTM figure through Mar 2026 stood at 0.48 (up 76.09% YoY), while the FY2025 annual figure was 2.21, up 43.51% from the prior year.
- Interest Coverage Ratio fell to 0.11 in Q1 2026 per FLYX's latest filing, from 0.84 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.96 in Q2 2023 and bottomed at 5.89 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 2.02 across 5 years, with a median of 1.91 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio sank 642.24% — and 2025, when it soared 220.45%.
- Flyexclusive's Interest Coverage Ratio stood at 5.78 in 2022, then soared by 38.74% to 3.54 in 2023, then surged by 80.42% to 0.69 in 2024, then surged by 220.45% to 0.84 in 2025, then plunged by 113.15% to 0.11 in 2026.
- Business Quant data shows FLYX's Interest Coverage Ratio at 0.11 in Q1 2026, 0.84 in Q4 2025, and 1.09 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | -3.25 |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 6.25 |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 0.53 |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -0.96 |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | -9.70 |
| 10 | Flyexclusive | 70.30 Mn | 56.06 Mn | 22.69 Mn | -1.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.07 |
| Mar 31, 2026 | -0.11 |
| Dec 31, 2025 | 0.84 |
| Sep 30, 2025 | -1.09 |
| Jun 30, 2025 | -0.12 |
| Mar 31, 2025 | -2.73 |
| Dec 31, 2024 | -0.69 |
| Sep 30, 2024 | -3.72 |
| Jun 30, 2024 | -3.85 |
| Mar 31, 2024 | -5.89 |
| Dec 31, 2023 | -3.54 |
| Sep 30, 2023 | -2.80 |
| Jun 30, 2023 | 1.96 |
| Mar 31, 2023 | -0.79 |
| Dec 31, 2022 | -5.78 |
| Dec 31, 2021 | -3.21 |