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

Surf Air Mobility's (SRFM) quarterly Asset Utilization Ratio came in at 0.86 in Q1 2026, down 12.12% year-on-year from 0.98 in Q1 2025, and down 3.69% quarter-over-quarter from 0.89 in Q4 2025.

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

Surf Air Mobility has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.86 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.86, down 12.12% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.86 (down 12.12% YoY), and the FY2025 annual result was 0.83, down 17.99% from the prior year.
  • Asset Utilization Ratio came in at 0.86 for Q1 2026 at Surf Air Mobility, down 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.
  • The 4-year median for Asset Utilization Ratio is 0.92 (2025), against an average of 0.86.
  • Across the five-year window, Asset Utilization Ratio soared 194.12% in 2024 and decreased 21.06% in 2025, its largest moves.
  • Surf Air Mobility's Asset Utilization Ratio stood at 0.41 in 2023, then soared by 163.66% to 1.08 in 2024, then declined by 16.96% to 0.89 in 2025, then retreated by 3.69% to 0.86 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.86 (Q1 2026), 0.89 (Q4 2025), and 0.92 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.86
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.79
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 11,366.01
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.99
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.56
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 0.71
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.56
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 0.55
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 0.55
10 Surf Air Mobility 89.56 Mn 85.39 Mn 23.65 Mn 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