Surf Air Mobility (SRFM) Asset Utilization Ratio (2023 - 2026)

Surf Air Mobility (SRFM) reported Asset Utilization Ratio of 0.86 for Q1 2026, down 12.12% on a YoY basis from 0.98 in Q1 2025, and down 3.69% sequentially from 0.89 in Q4 2025.

Surf Air Mobility (SRFM) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Surf Air Mobility (SRFM) has 4 years of Asset Utilization Ratio data on file, last reported at 0.86 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 12.12% year-over-year to 0.86; the trailing twelve-month figure through Mar 2026 stood at 0.86 (down 12.12% YoY), and the FY2025 full-year result was 0.83, down 17.99% from the prior year.
  • Asset Utilization Ratio slipped to 0.86 in Q1 2026, from 0.89 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.16 in Q3 2024 to a low of 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.
  • Across the five-year window, Asset Utilization Ratio soared 194.12% in 2024 and decreased 21.06% in 2025, its largest moves.
  • Tracing SRFM's Asset Utilization Ratio over 4 years: stood at 0.41 in 2023, then surged by 163.66% to 1.08 in 2024, then dropped by 16.96% to 0.89 in 2025, then fell by 3.69% to 0.86 in 2026.
  • Business Quant data shows SRFM's Asset Utilization Ratio at 0.86 in Q1 2026, 0.89 in Q4 2025, and 0.92 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 209.47
2 Ryanair Holdings 60.62 Bn 57.43 Bn - -
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 0.80
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 1.01
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - 0.57
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 0.56
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 0.71
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 0.57
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn 0.55
10 Surf Air Mobility 60.58 Mn 56.41 Mn -333,000.00 0.86

Historic Data

Download Data
DateValue
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