Global Crossing Airlines (JETMF) Debt Ratio (2021 - 2026)
Global Crossing Airlines' (JETMF) Debt Ratio stood at 0.21 in Q2 2026, up 13.3% from 0.18 a year earlier but down 1.1% from the prior quarter.
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Analysis
Global Crossing Airlines (JETMF) Debt Ratio (2021 - 2026) Analysis & Trends
Starting with Q4 2021, Global Crossing Airlines' Debt Ratio history includes 19 quarters.
- Across earlier years, Debt Ratio came in at 0.18 in FY2024 (-19.7%), 0.22 in FY2023 (+64.9%), 0.13 in FY2022 (+234.6%) and 0.04 in FY2021.
- Quarterly Debt Ratio has ranged from 0.04 in Q4 2021 to 0.27 in Q3 2023 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for four consecutive quarters, with growth averaging 3.3% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 234.6% in Q4 2022, against a decline of 33.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.21 (Q1 2026), 0.21 (Q4 2025) and 0.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Global Crossing Airlines | 39.63 Mn | -10.87 Mn | - | 0.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.04 |
API Access
Global Crossing Airlines Debt 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=debt-ratio&ticker=JETMF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=JETMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();