Global Crossing Airlines (JETMF) Asset Utilization Ratio (2022 - 2026)
Global Crossing Airlines' (JETMF) Asset Utilization Ratio stood at 1.25 in Q2 2026, down 13.7% from 1.45 a year earlier and down 0.1% from the prior quarter.
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Analysis
Global Crossing Airlines (JETMF) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2025, Global Crossing Airlines' Asset Utilization Ratio came in at 1.33, down 11.3% from FY2024.
- Annual Asset Utilization Ratio has declined for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 1.50 in FY2024 (-14.4%), 1.75 in FY2023 (-18.5%) and 2.15 in FY2022.
- The Q2 2026 figure is the lowest quarterly Asset Utilization Ratio since Q2 2022.
- On a year-over-year basis, Asset Utilization Ratio has declined for three consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 38.8% in Q2 2023, against a decline of 30.5% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.26 (Q1 2026), 1.32 (Q4 2025) and 1.46 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.45 Bn | 165.98 Bn | - | 0.36 |
| 2 | Csx | 89.36 Bn | 85.57 Bn | - | 0.33 |
| 3 | United Parcel Service | 84.31 Bn | 61.21 Bn | - | 1.26 |
| 4 | Canadian Pacific Kansas City | 77.91 Bn | 76.93 Bn | - | 0.18 |
| 5 | Norfolk Southern | 73.50 Bn | 68.14 Bn | - | 0.28 |
| 6 | Fedex | 70.85 Bn | 36.79 Bn | - | 0.98 |
| 7 | Delta Air Lines | 51.30 Bn | 33.48 Bn | - | 0.83 |
| 8 | Old Dominion Freight Line | 39.19 Bn | 38.46 Bn | - | 0.98 |
| 9 | United Airlines Holdings | 32.67 Bn | -23.70 Bn | - | 0.76 |
| 10 | Global Crossing Airlines | 39.63 Mn | -10.87 Mn | - | 1.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Global Crossing Airlines Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=JETMF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "JETMF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=JETMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();