Global Crossing Airlines (JETMF) Operating Margin (2021 - 2026)
Global Crossing Airlines' (JETMF) quarterly Operating Margin came in at 2.21% in Q2 2026, down 313.0% year-over-year from 1.04% in Q2 2025, and down 72.26% quarter-over-quarter from 7.97% in Q1 2026.
Powered by 
Analysis
Global Crossing Airlines (JETMF) Operating Margin (2021 - 2026) Analysis & Trends
Global Crossing Airlines (JETMF) has reported Operating Margin for 6 consecutive years, with 2.21% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 313.0% year-over-year to 2.21% in Q2 2026; TTM through Jun 2026 was 3.89%, a 84.0% increase from a year earlier, with the FY2025 full-year figure at 3.61%, up 412.0% from the prior year.
- Operating Margin was 2.21% for Q2 2026 at Global Crossing Airlines, down from 7.97% in the prior quarter.
- Over five years, Operating Margin peaked at 7.97% in Q1 2026 and troughed at 37.45% in Q2 2022.
- A 5-year average of 5.08% and a median of 0.24% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 17088 bps in 2022 and plunged 806 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 2.27% in 2022, then fell by 1 bps to 2.28% in 2023, then jumped by 352 bps to 5.76% in 2024, then sank by 57 bps to 2.46% in 2025, then slipped by 10 bps to 2.21% in 2026.
- The last three Operating Margin figures came in at 2.21% (Q2 2026), 7.97% (Q1 2026), and 2.46% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.79 Bn | 47.12 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.72 Bn | 24.79 Bn | - | 13.12% |
| 3 | Southwest Airlines | 19.00 Bn | 15.21 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.37 Bn | 4.11 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.55 Bn | 1.88 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.76 Bn | 3.16 Bn | 1.01 Bn | 14.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.27 Bn | 1.24 Bn | - | 4.60% |
| 8 | Allegiant Travel | 1.74 Bn | 689.68 Mn | 902.77 Mn | 2.24% |
| 9 | Jetblue Airways | 1.70 Bn | -322.81 Mn | 2.32 Bn | -5.23% |
| 10 | Global Crossing Airlines | 40.13 Mn | 28.25 Mn | - | 2.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.21% |
| Mar 31, 2026 | 7.97% |
| Dec 31, 2025 | 2.46% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 5.34% |
| Mar 31, 2025 | 4.67% |
| Dec 31, 2024 | 5.76% |
| Sep 30, 2024 | -4.78% |
| Jun 30, 2024 | 4.42% |
| Mar 31, 2024 | -8.58% |
| Dec 31, 2023 | -2.28% |
| Sep 30, 2023 | -5.47% |
| Jun 30, 2023 | -21.53% |
| Mar 31, 2023 | -17.20% |
| Dec 31, 2022 | -2.27% |
| Sep 30, 2022 | 2.59% |
| Jun 30, 2022 | -37.45% |
| Mar 31, 2022 | -29.08% |
| Dec 31, 2021 | -37.88% |
| Sep 30, 2021 | -168.29% |