Global Crossing Airlines (JETMF) Net Margin (2021 - 2026)
Global Crossing Airlines' Net Margin was -2.16% in Q2 2026, down 3.15 percentage points from 0.99% a year earlier and down 5.67 percentage points from the prior quarter.
Global Crossing Airlines (JETMF) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Crossing Airlines' Net Margin was -0.96% through Jun 30, 2026, up 0.96 percentage points year-over-year; for FY2025, it was -1.24%, up 3.89 percentage points from FY2024.
- Net Margin has now increased for four consecutive years, with a four-year change of +137.43 percentage points (FY2021 to FY2025).
- In earlier years, Net Margin was -5.13% in FY2024 (+7.99 pp), -13.12% in FY2023 (+3.17 pp), -16.29% in FY2022 (+122.37 pp) and -138.66% in FY2021.
- Quarterly Net Margin has moved between -168.49% (Q3 2021) and 3.51% (Q1 2026) over five years.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of +2.82 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2022 (a gain of 169.02 percentage points); the worst was Q3 2023 (a drop of 12.00 percentage points).
- Per Business Quant data, JETMF's Net Margin in the three quarters before Q2 2026 was 3.51% (Q1 2026), -3.07% (Q4 2025) and -3.38% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 29.04% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 25.46% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.59% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 2.65% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 21.18% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.39% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 8.12% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 22.56% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 12.26% |
| 10 | Global Crossing Airlines | 39.63 Mn | -10.87 Mn | - | -2.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.16% |
| Mar 31, 2026 | 3.51% |
| Dec 31, 2025 | -3.07% |
| Sep 30, 2025 | -3.38% |
| Jun 30, 2025 | 0.99% |
| Mar 31, 2025 | 0.23% |
| Dec 31, 2024 | -0.82% |
| Sep 30, 2024 | -9.32% |
| Jun 30, 2024 | 0.49% |
| Mar 31, 2024 | -11.85% |
| Dec 31, 2023 | -4.79% |
| Sep 30, 2023 | -11.47% |
| Jun 30, 2023 | -23.74% |
| Mar 31, 2023 | -18.89% |
| Dec 31, 2022 | -13.66% |
| Sep 30, 2022 | 0.53% |
| Jun 30, 2022 | -38.79% |
| Mar 31, 2022 | -29.18% |
| Dec 31, 2021 | -40.14% |
| Sep 30, 2021 | -168.49% |
Global Crossing Airlines Net Margin 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=net-margin&ticker=JETMF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=JETMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();