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
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 |