Surf Air Mobility (SRFM) Asset Utilization Ratio (2023 - 2026)
Surf Air Mobility (SRFM) posted Asset Utilization Ratio of 0.86 for Q1 2026, down 3.69% sequentially from 0.89 in Q4 2025, and down 12.12% YoY from 0.98 in Q1 2025.
Surf Air Mobility (SRFM) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Surf Air Mobility has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.86 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 12.12% year-over-year to 0.86 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.86 (down 12.12% YoY) and the FY2025 annual result came in at 0.83, down 17.99% from the prior year.
- Asset Utilization Ratio slipped to 0.86 in Q1 2026 per SRFM's latest filing, from 0.89 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.16 in Q3 2024 and troughed at 0.4 in Q3 2023.
- A 4-year average of 0.86 and a median of 0.92 in 2025 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio surged 194.12% in 2024, then dropped 21.06% in 2025.
- Over 4 years, Asset Utilization Ratio stood at 0.41 in 2023, then surged by 163.66% to 1.08 in 2024, then retreated by 16.96% to 0.89 in 2025, then slipped by 3.69% to 0.86 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.86, 0.89, and 0.92 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 0.80 |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 0.95 |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 1.01 |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 0.71 |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 0.57 |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 0.53 |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 0.58 |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 0.58 |
| 10 | Surf Air Mobility | 70.57 Mn | 52.14 Mn | 62,000.00 | 0.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.85 |
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 0.92 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.98 |
| Dec 31, 2024 | 1.08 |
| Sep 30, 2024 | 1.16 |
| Jun 30, 2024 | 1.04 |
| Mar 31, 2024 | 0.78 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.40 |