Global Crossing Airlines JETMF
OTC JETMF
$0.60 -0.04 (-6.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Global Crossing Airlines (JETMF) Asset Utilization Ratio (2022 - 2026)

Global Crossing Airlines' (JETMF) quarterly Asset Utilization Ratio came in at 1.25 in Q2 2026, down 13.72% year-over-year from 1.45 in Q2 2025, and little changed quarter-over-quarter from 1.26 in Q1 2026.

Analysis

Global Crossing Airlines (JETMF) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

Global Crossing Airlines (JETMF) has reported Asset Utilization Ratio for 5 consecutive years, with 1.25 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 13.72% year-over-year to 1.25 in Q2 2026; TTM through Jun 2026 was 1.25, a 13.72% decrease from a year earlier, with the FY2025 full-year figure at 1.33, down 11.26% from the prior year.
  • Asset Utilization Ratio was 1.25 for Q2 2026 at Global Crossing Airlines, roughly flat from 1.26 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.92 in Q4 2022 and troughed at 1.1 in Q2 2022.
  • A 5-year average of 1.43 and a median of 1.37 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio soared 38.81% in 2023 and sank 30.51% in 2024, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 1.92 in 2022, then sank by 30.28% to 1.34 in 2023, then increased by 1.44% to 1.36 in 2024, then decreased by 3.01% to 1.32 in 2025, then retreated by 4.88% to 1.25 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.25 (Q2 2026), 1.26 (Q1 2026), and 1.32 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Delta Air Lines 51.79 Bn 47.12 Bn 19.07 Bn 0.80
2 Ryanair Holdings 28.72 Bn 24.79 Bn - 0.82
3 Southwest Airlines 19.00 Bn 15.21 Bn 7.33 Bn 1.01
4 Copa Holdings 5.37 Bn 4.11 Bn 1.03 Bn 0.57
5 Alaska Air 4.55 Bn 1.88 Bn 3.76 Bn 0.71
6 Skywest 3.76 Bn 3.16 Bn 1.01 Bn 0.57
7 Grupo Aeromexico, S.A.B. de C.V 2.27 Bn 1.24 Bn - 0.78
8 Allegiant Travel 1.74 Bn 689.68 Mn 902.77 Mn 0.53
9 Jetblue Airways 1.70 Bn -322.81 Mn 2.32 Bn 0.58
10 Global Crossing Airlines 40.13 Mn 28.25 Mn - 1.25
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.25
Mar 31, 2026 1.26
Dec 31, 2025 1.32
Sep 30, 2025 1.46
Jun 30, 2025 1.45
Mar 31, 2025 1.42
Dec 31, 2024 1.36
Sep 30, 2024 1.38
Jun 30, 2024 1.37
Mar 31, 2024 1.29
Dec 31, 2023 1.34
Sep 30, 2023 1.37
Jun 30, 2023 1.53
Mar 31, 2023 1.86
Dec 31, 2022 1.92
Sep 30, 2022 1.62
Jun 30, 2022 1.10