Mesa Air Group Inc RJET Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$20.15 up $0.28, 1.41% at close Nov 6
Last close · Previous close $19.87
- Market cap
- $943.41MAt the Nov 6 close
- P/E ratio
- PausedOn last 12 months’ EPS
See the note under the price. - Diluted EPS
- PausedLast 12 months
See the note under the price. - Dividend yield
- NoneLast 12 months
Price chart
$20.15up $0.28, 1.41%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$19.87Nov 5
- Volume116.50KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume87.56KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $15.37 to $26.70; now $20.15
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
RJET beat the S&P 500 in 3 of 6 periods.
| Period | RJET and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | RJET: up 14.6% S&P 500: down 5.6% | RJET beat the S&P 500 by 20.2 percentage points Beat |
| 3M | RJET: down 5.3% S&P 500: down 4.1% | RJET trailed the S&P 500 by 1.2 percentage points Trailed |
| YTD | RJET: up 9.7% S&P 500: up 8.7% | RJET beat the S&P 500 by 1.0 percentage points Beat |
| 1Y | RJET: down 4.7% S&P 500: up 10.9% | RJET trailed the S&P 500 by 15.6 percentage points Trailed |
| Long term | ||
| 3Y | RJET: up 119.6% S&P 500: up 75.0% +30.0% vs +20.5% a year | RJET beat the S&P 500 by 44.6 percentage points Beat |
| 5Y | RJET: down 84.6% S&P 500: up 67.8% −31.2% vs +10.9% a year | RJET trailed the S&P 500 by 152.4 percentage points Trailed |
$10,000 invested in RJET 5 years ago (Nov 5, 2021) would be worth about $1,544 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $16,782.
RJET beat the S&P 500 in 3 of 6 periods.
| Period | RJET and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | RJET: up 14.6% S&P 500: down 5.6% | RJET beat the S&P 500 by 20.2 percentage points Beat |
| 3M | RJET: down 5.3% S&P 500: down 4.3% | RJET trailed the S&P 500 by 1.0 percentage points Trailed |
| YTD | RJET: up 9.7% S&P 500: up 7.8% | RJET beat the S&P 500 by 1.9 percentage points Beat |
| 1Y | RJET: down 4.7% S&P 500: up 9.7% | RJET trailed the S&P 500 by 14.4 percentage points Trailed |
| Long term | ||
| 3Y | RJET: up 119.6% S&P 500: up 68.8% +30.0% vs +19.1% a year | RJET beat the S&P 500 by 50.8 percentage points Beat |
| 5Y | RJET: down 84.6% S&P 500: up 56.9% −31.2% vs +9.4% a year | RJET trailed the S&P 500 by 141.5 percentage points Trailed |
$10,000 invested in RJET 5 years ago (Nov 5, 2021) would be worth about $1,544 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $15,694.
All-time high
$248.70
Closing high on . Now 91.9% below that record.
Split-adjusted daily closes since Aug 10, 2018.
Stock splits
1
1-for-15 on . Share counts adjust after each split.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 30, 2026). Tap a metric to see how it’s calculated. Per-share results and the measures based on them are paused. See the note under the price.
Price-to-earnings (P/E)
Paused
See the note under the price. Over the past five years RJET’s P/E ranged from 0.2× to 19.2×, with a median of 0.6×. How to read P/E
Other valuation measures
- 0.3×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - Price-to-bookPausedBook value as of Sep 30, 2026
See the note under the price. - 3.5×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - PEG ratioPausedLast 12 months’ EPS growth
See the note under the price. - −8.92%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $1.78BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own RJET DCF in Excel. Value Mesa Air Group with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $3.05Bup 31.0%
- Net income
- $220.80Mup 30.7%
- Diluted EPS
- PausedSee the note under the price.
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $1.12B | $97.77M | Paused See the note under the price. |
| Q1 FY25 (Mar 31, 2025) | $394.80M | $27.10M | Paused See the note under the price. |
| Q2 FY25 (Jun 30, 2025) | $405.60M | $37.40M | Paused See the note under the price. |
| Q3 FY25 (Sep 30, 2025) | $412.00M | $6.70M | Paused See the note under the price. |
| Q4 FY25 (Dec 31, 2025) | $1.40B | $128.10M | Paused See the note under the price. |
| Q1 FY26 (Mar 31, 2026) | $527.40M | $26.90M | Paused See the note under the price. |
| Q2 FY26 (Jun 30, 2026) | $571.10M | $31.20M | Paused See the note under the price. |
| Q3 FY26 (Sep 30, 2026) | $553.50M | $34.60M | Paused See the note under the price. |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Sep 30, 2021) | $503.59M | $16.59M | Paused See the note under the price. |
| FY22 (Sep 30, 2022) | $531.00M | −$182.68M | Paused See the note under the price. |
| FY23 (Dec 31, 2023) | $1.43B | $54.80M | Paused See the note under the price. |
| FY24 (Dec 31, 2024) | $1.47B | $64.60M | Paused See the note under the price. |
| FY25 (Dec 31, 2025) | $1.68B | $76.20M | Paused See the note under the price. |
Margins
- Gross 36.5%
- Operating 13.5%
- Net 7.2%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$84.14MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$542.71MLast 12 months
- Capital spending$626.85MLast 12 months
- −2.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $1.10MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$1.10MLast 12 months
Balance sheet
- $312.30MAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$1.15BAs of Sep 30, 2026
- Net debt$840.80MAs of Sep 30, 2026
- Book value per sharePausedAs of Sep 30, 2026
See the note under the price. - 1.07As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.81As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 16.1%Last 12 months
Over the last 12 months, Mesa Air Group’s net income was 16.1% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 6.8%Last 12 months
Over the last 12 months, Mesa Air Group’s net income was 6.8% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Mesa Air Group Inc
Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 62 cities in 31 states, Cuba, and Mexico. As of September 30, 2024, Mesa operated a fleet of 67 aircraft, with approximately 265 daily departures. The Company had approximately 1,800 employees. Mesa operates all its flights as United Express pursuant to the terms of a capacity purchase agreement entered into with United Airlines, Inc.
- Sector
- Industrials
- Industry
- Airlines
- Headquarters
- Arizona, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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RJET stock FAQ
What is RJET stock’s price today?
Mesa Air Group (RJET) traded at $20.15 at the close on , up $0.28 (1.41%) from the previous close of $19.87. Over the past 52 weeks it has traded between $15.37 and $26.70.
If you invested $1,000 in RJET 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in RJET on would be worth about $154 at the close on , a total return of −84.6%. The same $1,000 would be worth $953 if invested one year ago. Past performance doesn’t predict future returns.
What is Mesa Air Group’s market cap?
Mesa Air Group’s market capitalization is about $943.4 million. That’s Tiingo’s daily market cap for , at that day’s closing price of $20.15 (how market cap works).
How much revenue does Mesa Air Group make?
Mesa Air Group reported $3.1 billion of revenue over the four quarters to , up 31.0% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $553.5 million, up 34.3% from a year earlier.
Is Mesa Air Group profitable?
Yes. Mesa Air Group earned $220.8 million of net income over the four quarters to , a net margin of 7.2%, and its operating margin was 13.5% (what margins tell you).
Does RJET pay a dividend?
Mesa Air Group hasn’t paid a dividend in the last twelve months.
What is RJET’s 52-week high and low?
Over the past 52 weeks RJET has traded as low as $15.37 and as high as $26.70. At $20.15 at the close on , it is 24.5% below that high and 31.1% above the low.
What is RJET’s all-time high?
RJET’s highest closing price was $248.70 on , adjusted for stock splits. At $20.15 at the close on , it is 91.9% below that record.
Has RJET stock ever split?
Yes, once: 1-for-15 on .
How has RJET stock performed?
Including dividends and measured to the close on , RJET has returned +9.7% so far this year and −4.7% over the past year, and −84.6% over five years (−31.2% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Mesa Air Group in?
Mesa Air Group is in the Industrials sector and the Airlines industry, and is headquartered in Arizona, USA.
What exchange does RJET trade on?
Mesa Air Group trades on the Nasdaq under the ticker symbol RJET. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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