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Mesa Air Group, Inc.(MESA)Earnings, Financials & Key Ratios
MESA•NASDAQ
$21.00
$879M mkt cap·Price updated Apr 24, 2026
AboutMesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. It also engages in leasing aircrafts to third parties. As of September 30, 2021, the company operated a fleet of 167 aircraft, which include 153 owned aircrafts and 14 leased aircrafts with approximately 507 daily departures to 129 cities in the United States and Mexico. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona.Show more
- Revenue$381M-19.9%
- EBITDA-$158M-512.1%
- Net Income-$152M-67.4%
- EPS (Diluted)-4.03-82.4%
- Gross Margin99.1%+695.2%
- EBITDA Margin-41.37%-664.5%
- Operating Margin-46.5%-236.6%
- Net Margin-39.94%-109.0%
- ROE-528.9%-801.5%
- ROIC-62.87%-614.8%
MESA Key Insights
Mesa Air Group, Inc. (MESA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Trading near 52-week high
- ✓Trading at only 0.0x book value
- ✓Efficient asset utilization: 2.4x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Sales declining 6.9% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MESA Price & Volume
Mesa Air Group, Inc. (MESA) stock price & volume — 10-year historical chart
Loading chart...
MESA Growth Metrics
Mesa Air Group, Inc. (MESA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-11.72%
5 Years-6.89%
3 Years-10.44%
TTM-19.93%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-82.89%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-79.64%
Return on Capital
10 Years-8.36%
5 Years-24.4%
3 Years-36.58%
Last Year-86.23%
MESA Recent Earnings
Mesa Air Group, Inc. (MESA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 3/12 qtrs (60%)
Q2 2026Latest
Mar 19, 2026EPS
$0.12
Revenue
$464M
Q2 2026
Mar 4, 2026EPS
$11.74
Revenue
$464M
Q4 2025
Nov 21, 2025EPS
$0.05
Revenue
$91M
Q3 2025
Aug 13, 2025EPS
$0.01
Revenue
$93M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 19, 2026 | $0.12 | $464M |
| Q2 2026 | Mar 4, 2026 | $11.74 | $464M |
| Q4 2025 | Nov 21, 2025 | $0.05 | $91M |
| Q3 2025 | Aug 13, 2025 | $0.01 | $93M |
Based on last 12 quarters of dataView full earnings history →
MESA Peer Comparison
Mesa Air Group, Inc. (MESA) competitors in Commercial passenger airlines — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SKYW | 3.53B | 87.82 | 8.49 | 15.03% | 10.42% | 16% | 0.87 | |
 ULCC | 1.1B | 4.78 | -7.97 | -1.35% | -9.62% | -88.57% | 11.13 | |
 SNCY | 897.49M | 16.56 | 17.25 | 4.74% | 3.55% | 6.44% | 0.95 | |
 ALK | 4.64B | 40.51 | 46.56 | 21.34% | 0.7% | 2.43% | 1.67 | |
 JBLU | 1.87B | 5.04 | -3.04 | -2.34% | -7.78% | -33.13% | 4.84 | |
 ALGT | 1.48B | 80.08 | -32.29 | 3.74% | -1.71% | -4.22% | 1.77 | |
 UAL | 32.48B | 100.03 | 9.79 | 3.52% | 6.06% | 24.91% | 2.03 | |
 AAL | 8.54B | 12.94 | 76.12 | 0.78% | 0.36% |
Compare MESA vs Peers
Mesa Air Group, Inc. (MESA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MESA Income Statement
Mesa Air Group, Inc. (MESA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 643.58M | 681.6M | 723.36M | 545.07M | 503.59M | 531M | 498.06M | 476.41M | 381.44M |
| Revenue Growth % | 9.48% | 5.91% | 6.13% | -24.65% | -7.61% | 5.44% | -6.2% | -4.35% | -19.93% |
| Cost of Goods Sold | 504.29M | 540.19M | 542.15M | 492.46M | 501.98M | 497.46M | 482.95M | 417.04M | 3.43M |
| COGS % of Revenue | 78.36% | 79.25% | 74.95% | 90.35% | 99.68% | 93.68% | 96.97% | 87.54% | 0.9% |
| Gross Profit | 139.29M▲ 0% | 141.4M▲ 1.5% | 181.2M▲ 28.1% | 52.61M▼ 71.0% | 1.62M▼ 96.9% | 33.54M▲ 1975.2% | 15.11M▼ 54.9% | 59.37M▲ 292.9% | 378.01M▲ 536.7% |
| Gross Margin % | 21.64% | 20.75% | 25.05% | 9.65% | 0.32% | 6.32% | 3.03% | 12.46% | 99.1% |
| Gross Profit Growth % | 40.78% | 1.52% | 28.15% | -70.97% | -96.93% | 1975.25% | -54.94% | 292.95% | 536.65% |
| Operating Expenses | 39M | 68.76M | 60.07M | -27.56M | -61.58M | 218.54M | 99.46M | 125.19M | 555.38M |
| OpEx % of Revenue | 6.06% | 10.09% | 8.3% | -5.06% | -12.23% | 41.16% | 19.97% | 26.28% | 145.6% |
| Selling, General & Admin | 39M | 53.65M | 50.53M | 52.25M | 49.85M | 43.97M | 48.77M | 44.25M | 43.5M |
| SG&A % of Revenue | 6.06% | 7.87% | 6.99% | 9.59% | 9.9% | 8.28% | 9.79% | 9.29% | 11.4% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 15.11M | 9.54M | -79.81M | -111.44M | 174.57M | 50.69M | 80.95M | 511.88M |
| Operating Income | 100.29M▲ 0% | 72.65M▼ 27.6% | 121.14M▲ 66.7% | 80.17M▼ 33.8% | 63.2M▼ 21.2% | -185M▼ 392.7% | -84.35M▲ 54.4% | -65.82M▲ 22.0% | -177.37M▼ 169.5% |
| Operating Margin % | 15.58% | 10.66% | 16.75% | 14.71% | 12.55% | -34.84% | -16.93% | -13.82% | -46.5% |
| Operating Income Growth % | 76.7% | -27.57% | 66.75% | -33.82% | -21.17% | -392.74% | 54.41% | 21.96% | -169.48% |
| EBITDA | 161.34M | 137.68M | 199.13M | 162.46M | 146.04M | -103.49M | -23.99M | -25.78M | -157.8M |
| EBITDA Margin % | 25.07% | 20.2% | 27.53% | 29.81% | 29% | -19.49% | -4.82% | -5.41% | -41.37% |
| EBITDA Growth % | 56.98% | -14.67% | 44.63% | -18.41% | -10.11% | -170.87% | 76.82% | -7.47% | -512.12% |
| D&A (Non-Cash Add-back) | 61.05M | 65.03M | 77.99M | 82.3M | 82.85M | 81.51M | 60.36M | 40.04M | 19.57M |
| EBIT | 99.81M | 72.7M | 119M | 81.11M | 57.15M | -199.38M | -78.94M | -52.04M | 0 |
| Net Interest Income | -46.08M | -56.75M | -54.22M | -44.02M | -34.37M | -35.15M | -49.77M | -38.39M | 0 |
| Interest Income | 32K | 114K | 1.5M | 105K | 365K | 139K | 146K | 68K | 184K |
| Interest Expense | 46.11M | 56.87M | 55.72M | 44.12M | 34.73M | 35.29M | 49.92M | 38.45M | -18.48M |
| Other Income/Expense | -46.59M | -56.82M | -57.85M | -43.17M | -40.78M | -49.67M | -44.52M | -24.68M | 21.75M |
| Pretax Income | 53.7M▲ 0% | 15.83M▼ 70.5% | 63.29M▲ 299.8% | 36.99M▼ 41.5% | 22.42M▼ 39.4% | -234.67M▼ 1146.9% | -128.86M▲ 45.1% | -90.5M▲ 29.8% | -155.62M▼ 72.0% |
| Pretax Margin % | 8.34% | 2.32% | 8.75% | 6.79% | 4.45% | -44.19% | -25.87% | -19% | -40.8% |
| Income Tax | 20.87M | -17.43M | 15.71M | 9.53M | 5.83M | -51.99M | -8.74M | 519K | -3.29M |
| Effective Tax Rate % | 38.87% | -110.09% | 24.82% | 25.76% | 26% | 22.15% | 6.79% | -0.57% | 2.11% |
| Net Income | 32.83M▲ 0% | 33.26M▲ 1.3% | 47.58M▲ 43.1% | 27.46M▼ 42.3% | 16.59M▼ 39.6% | -182.68M▼ 1201.3% | -120.12M▲ 34.2% | -91.02M▲ 24.2% | -152.33M▼ 67.4% |
| Net Margin % | 5.1% | 4.88% | 6.58% | 5.04% | 3.29% | -34.4% | -24.12% | -19.1% | -39.94% |
| Net Income Growth % | 120.03% | 1.3% | 43.08% | -42.28% | -39.6% | -1201.27% | 34.25% | 24.23% | -67.37% |
| Net Income (Continuing) | 32.83M | 33.26M | 47.58M | 27.46M | 16.59M | -182.68M | -120.12M | -91.02M | -152.33M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.94▲ 0% | 1.32▲ 40.4% | 1.36▲ 3.0% | 0.78▼ 42.6% | 0.43▼ 44.9% | -5.06▼ 1276.7% | -3.04▲ 39.9% | -2.21▲ 27.3% | -4.03▼ 82.4% |
| EPS Growth % | 118.6% | 40.43% | 3.03% | -42.65% | -44.87% | -1276.74% | 39.92% | 27.3% | -82.35% |
| EPS (Basic) | 0.94 | 2.46 | 1.37 | 0.78 | 0.46 | -5.06 | -3.04 | -2.21 | -4.03 |
| Diluted Shares Outstanding | 34.91M | 25.17M | 35.06M | 35.31M | 38.84M | 36.13M | 39.47M | 41.14M | 41.87M |
| Basic Shares Outstanding | 34.91M | 13.52M | 34.76M | 35.24M | 35.71M | 36.13M | 39.47M | 41.14M | 41.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MESA Balance Sheet
Mesa Air Group, Inc. (MESA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 145.84M | 197.92M | 157.84M | 155.59M | 158.39M | 98.33M | 138.59M | 61.28M | 114.63M |
| Cash & Short-Term Investments | 56.79M | 123.23M | 68.86M | 99.39M | 120.52M | 57.68M | 32.94M | 15.62M | 41.78M |
| Cash Only | 56.79M | 103.31M | 68.86M | 99.39M | 120.52M | 57.68M | 32.94M | 15.62M | 41.78M |
| Short-Term Investments | 0 | 19.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.85M | 14.29M | 23.08M | 13.71M | 3.17M | 3.98M | 8.25M | 5.26M | 20.35M |
| Days Sales Outstanding | 5.02 | 7.65 | 11.65 | 9.18 | 2.3 | 2.73 | 6.05 | 4.03 | 19.48 |
| Inventory | 15.11M | 15.66M | 21.34M | 22.97M | 24.47M | 26.71M | 29.25M | 28.27M | 16.63M |
| Days Inventory Outstanding | 10.94 | 10.58 | 14.37 | 17.03 | 17.79 | 19.6 | 22.1 | 24.74 | 1.77K |
| Other Current Assets | 11.44M | 14.47M | 8.78M | 17.12M | 4.4M | 4.76M | 63.62M | 9.35M | 35.86M |
| Total Non-Current Assets | 1.21B | 1.27B | 1.29B | 1.35B | 1.3B | 1.02B | 759.88M | 535.58M | 44.31M |
| Property, Plant & Equipment | 1.19B | 1.25B | 1.28B | 1.34B | 1.25B | 914.43M | 709.36M | 434.87M | 38.3M |
| Fixed Asset Turnover | 0.54x | 0.54x | 0.57x | 0.41x | 0.40x | 0.58x | 0.70x | 1.10x | 9.96x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 11.72M | 11.34M | 9.53M | 8.03M | 6.79M | 3.84M | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 25.15M | 15.18M | 20.32M | 300K | 4.24M |
| Other Non-Current Assets | 5.69M | 9.7M | 8.79M | 742K | 14.47M | 83.82M | 30.2M | 100.41M | 1.45M |
| Total Assets | 1.36B▲ 0% | 1.47B▲ 8.5% | 1.45B▼ 1.4% | 1.5B▲ 3.4% | 1.46B▼ 3.0% | 1.12B▼ 23.4% | 898.47M▼ 19.5% | 596.86M▼ 33.6% | 158.93M▼ 73.4% |
| Asset Turnover | 0.47x | 0.46x | 0.50x | 0.36x | 0.35x | 0.48x | 0.55x | 0.80x | 2.40x |
| Asset Growth % | 5.8% | 8.45% | -1.39% | 3.44% | -3.02% | -23.41% | -19.46% | -33.57% | -73.37% |
| Total Current Liabilities | 218.21M | 251.38M | 256.71M | 353.33M | 258.19M | 214.48M | 267.91M | 174.46M | 169.96M |
| Accounts Payable | 44.74M | 54.31M | 49.93M | 53.23M | 61.48M | 59.39M | 58.96M | 72.1M | 57.48M |
| Days Payables Outstanding | 32.38 | 36.69 | 33.62 | 39.45 | 44.7 | 43.57 | 44.56 | 63.1 | 6.11K |
| Short-Term Debt | 140.47M | 155.17M | 165.9M | 189.27M | 111.71M | 97.22M | 163.55M | 50.45M | 68.01M |
| Deferred Revenue (Current) | 0 | 0 | 1.51M | 9.39M | 6.3M | 385K | 4.88M | 5.12M | 5.64M |
| Other Current Liabilities | 11.74M | 17.68M | 18.12M | 29.32M | 19.32M | 17.68M | 18.22M | 21.29M | 19.43M |
| Current Ratio | 0.67x | 0.79x | 0.61x | 0.44x | 0.61x | 0.46x | 0.52x | 0.35x | 0.67x |
| Quick Ratio | 0.60x | 0.73x | 0.53x | 0.38x | 0.52x | 0.33x | 0.41x | 0.19x | 0.58x |
| Cash Conversion Cycle | -16.42 | -18.46 | -7.6 | -13.24 | -24.61 | -21.24 | -16.41 | -34.32 | -4.32K |
| Total Non-Current Liabilities | 917.21M | 846.54M | 769.34M | 690.75M | 710.36M | 592.95M | 430.52M | 312.16M | 41.62M |
| Long-Term Debt | 803.87M | 760.18M | 677.42M | 542.46M | 539.7M | 502.52M | 364.73M | 259.82M | 27.01M |
| Capital Lease Obligations | 0 | 0 | 0 | 62.53M | 40.35M | 17.78M | 9.13M | 7.91M | 6.43M |
| Deferred Tax Liabilities | 56.44M | 39.8M | 55.3M | 64.28M | 69.94M | 17.72M | 8.41M | 8.17M | 0 |
| Other Non-Current Liabilities | 56.9M | 46.57M | 36.62M | 7.11M | 32.17M | 31.25M | 32.09M | 30.55M | 1.86M |
| Total Liabilities | 1.14B | 1.1B | 1.03B | 1.04B | 968.55M | 807.43M | 698.43M | 486.62M | 211.57M |
| Total Debt | 944.34M | 915.35M | 843.32M | 838.19M | 727.73M | 634.85M | 540.91M | 319.87M | 103.1M |
| Net Debt | 887.55M | 812.04M | 774.47M | 738.79M | 607.21M | 577.16M | 507.98M | 304.24M | 61.32M |
| Debt / Equity | 4.25x | 2.44x | 1.98x | 1.83x | 1.49x | 2.06x | 2.70x | 2.90x | - |
| Debt / EBITDA | 5.85x | 6.65x | 4.24x | 5.16x | 4.98x | - | - | - | - |
| Net Debt / EBITDA | 5.50x | 5.90x | 3.89x | 4.55x | 4.16x | - | - | - | - |
| Interest Coverage | 2.18x | 1.28x | 2.17x | 1.82x | 1.82x | -5.24x | -1.69x | -1.71x | - |
| Total Equity | 222.22M▲ 0% | 374.47M▲ 68.5% | 425.87M▲ 13.7% | 457.86M▲ 7.5% | 488.05M▲ 6.6% | 308.17M▼ 36.9% | 200.04M▼ 35.1% | 110.24M▼ 44.9% | -52.64M▼ 147.7% |
| Equity Growth % | 17.48% | 68.51% | 13.73% | 7.51% | 6.59% | -36.86% | -35.09% | -44.89% | -147.75% |
| Book Value per Share | 6.37 | 14.88 | 12.15 | 12.97 | 12.56 | 8.53 | 5.07 | 2.68 | -1.26 |
| Total Shareholders' Equity | 222.22M | 374.47M | 425.87M | 457.86M | 488.05M | 308.17M | 200.04M | 110.24M | -52.64M |
| Common Stock | 114.46M | 234.68M | 238.5M | 242.77M | 256.37M | 259.18M | 271.15M | 272.38M | 273.34M |
| Retained Earnings | 107.77M | 139.78M | 187.36M | 215.09M | 231.68M | 49M | -71.12M | -162.13M | -325.98M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MESA Cash Flow Statement
Mesa Air Group, Inc. (MESA) cash flow — operating, investing & free cash flow history
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 74.73M | 118.94M | 151.68M | 174.66M | 132.87M | 13.36M | -24.09M | 34.24M | -46.17M |
| Operating CF Margin % | 11.61% | 17.45% | 20.97% | 32.04% | 26.38% | 2.52% | -4.84% | 7.19% | -12.1% |
| Operating CF Growth % | -28.49% | 59.16% | 27.52% | 15.15% | -23.93% | -89.94% | -280.29% | 242.14% | -234.84% |
| Net Income | 32.83M | 33.26M | 47.58M | 27.46M | 16.59M | -182.68M | -120.12M | -91.02M | -166.46M |
| Depreciation & Amortization | 61.05M | 65.03M | 77.99M | 82.3M | 82.85M | 81.51M | 60.36M | 40.04M | 19.57M |
| Stock-Based Compensation | 1.29M | 12.93M | 5.51M | 4.41M | 3.13M | 2.76M | 2.27M | 1.33M | 978K |
| Deferred Taxes | 20.52M | -17.87M | 15.5M | 9.23M | 5.67M | -52.22M | -9.3M | -242K | -6.21M |
| Other Non-Cash Items | -7.07M | 9.19M | 7.16M | 15.23M | 19.85M | 190.91M | 53.37M | 70.59M | 148.19M |
| Working Capital Changes | -33.88M | 16.41M | -2.07M | 36.02M | 4.79M | -26.92M | -10.68M | 13.54M | -42.24M |
| Change in Receivables | 530K | -5.44M | -9.28M | 38.19M | -8.09M | -811K | -4.28M | 2.99M | -12.07M |
| Change in Inventory | -3.38M | -744K | -6.31M | -1.53M | -1.86M | -2.88M | -2.53M | -1.33M | -7.16M |
| Change in Payables | -17.34M | 2.43M | 12.12M | 3.42M | 7.86M | -2.77M | 496K | 13.74M | -9.29M |
| Cash from Investing | -84.12M | -138.83M | -104.84M | -26.67M | -33.47M | 1.36M | 142.28M | 148.79M | 211.29M |
| Capital Expenditures | -84.5M | -117.99M | -125.35M | -26.67M | -17.15M | -48.44M | -36.64M | -20.31M | -7.09M |
| CapEx % of Revenue | 13.13% | 17.31% | 17.33% | 4.89% | 3.41% | 9.12% | 7.36% | 4.26% | 1.86% |
| Acquisitions | 18K | 0 | 125.35M | 0 | 0 | 50M | 178.64M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 360K | -917K | -124.92M | 0 | -6.32M | 50M | 282K | 159.48M | 218.38M |
| Cash from Financing | 28.5M | 66.41M | -81.47M | -117.66M | -78.37M | -77.57M | -143.15M | -200.47M | -141.96M |
| Debt Issued (Net) | 32.92M | -40.3M | -79.78M | -117.07M | -77.36M | -77.51M | -143.07M | -199.44M | -79.97M |
| Equity Issued (Net) | -1000K | 1000K | -1000K | -586K | -1000K | -56K | 284K | 30K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.04M | -4.99M | -1.87M | -586K | -1.49M | -455K | 0 | 0 | 0 |
| Other Financing | -3.38M | -12.54M | 185K | 0 | 0 | 0 | -363K | -1.06M | -62M |
| Net Change in Cash | 19.1M▲ 0% | 46.52M▲ 143.6% | -34.63M▼ 174.4% | 30.34M▲ 187.6% | 21.03M▼ 30.7% | -62.84M▼ 398.9% | -24.95M▲ 60.3% | -17.44M▲ 30.1% | 23.15M▲ 232.7% |
| Free Cash Flow | -9.77M▲ 0% | 950K▲ 109.7% | 26.33M▲ 2671.2% | 148M▲ 462.2% | 109.4M▼ 26.1% | -35.07M▼ 132.1% | -60.73M▼ 73.2% | 13.93M▲ 122.9% | -53.26M▼ 482.3% |
| FCF Margin % | -1.52% | 0.14% | 3.64% | 27.15% | 21.72% | -6.61% | -12.19% | 2.92% | -13.96% |
| FCF Growth % | 97.47% | 109.72% | 2671.16% | 462.16% | -26.08% | -132.06% | -73.16% | 122.94% | -482.32% |
| FCF per Share | -0.28 | 0.04 | 0.75 | 4.19 | 2.82 | -0.97 | -1.54 | 0.34 | -1.27 |
| FCF Conversion (FCF/Net Income) | 2.28x | 3.58x | 3.19x | 6.36x | 8.01x | -0.07x | 0.20x | -0.38x | 0.30x |
| Interest Paid | 43.8M | 50.67M | 53.5M | 41.5M | 32.77M | 24.89M | 38.41M | 0 | 11.15M |
| Taxes Paid | 332K | 385K | 419K | 398K | 404K | 487K | 419K | 0 | 0 |
MESA Key Ratios
Mesa Air Group, Inc. (MESA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.99% | 15.96% | 11.15% | 11.89% | 6.22% | 3.51% | -45.89% | -47.27% | -58.67% | -528.9% |
| Return on Invested Capital (ROIC) | 5.04% | 6.92% | 4.75% | 7.61% | 5.02% | 4.14% | -14.01% | -7.94% | -8.8% | -62.87% |
| Gross Margin | 16.83% | 21.64% | 20.75% | 25.05% | 9.65% | 0.32% | 6.32% | 3.03% | 12.46% | 99.1% |
| Net Margin | 2.54% | 5.1% | 4.88% | 6.58% | 5.04% | 3.29% | -34.4% | -24.12% | -19.1% | -39.94% |
| Debt / Equity | 4.83x | 4.25x | 2.44x | 1.98x | 1.83x | 1.49x | 2.06x | 2.70x | 2.90x | - |
| Interest Coverage | 1.74x | 2.18x | 1.28x | 2.17x | 1.82x | 1.82x | -5.24x | -1.69x | -1.71x | - |
| FCF Conversion | 7.00x | 2.28x | 3.58x | 3.19x | 6.36x | 8.01x | -0.07x | 0.20x | -0.38x | 0.30x |
| Revenue Growth | -55.67% | 9.48% | 5.91% | 6.13% | -24.65% | -7.61% | 5.44% | -6.2% | -4.35% | -19.93% |
MESA SEC Filings & Documents
Mesa Air Group, Inc. (MESA) SEC filings — annual & quarterly reports (10-K, 10-Q)
MESA Frequently Asked Questions
Mesa Air Group, Inc. (MESA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mesa Air Group, Inc. (MESA) reported $381.4M in revenue for fiscal year 2025. This represents a 390% increase from $77.8M in 1991.
Mesa Air Group, Inc. (MESA) saw revenue decline by 19.9% over the past year.
Mesa Air Group, Inc. (MESA) reported a net loss of $166.5M for fiscal year 2025.
Dividend & Returns
Mesa Air Group, Inc. (MESA) has a return on equity (ROE) of -528.9%. Negative ROE indicates the company is unprofitable.
Mesa Air Group, Inc. (MESA) had negative free cash flow of $53.3M in fiscal year 2025, likely due to heavy capital investments.
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