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| Date | Value |
|---|---|
| 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 |