RJET · Republic Airways Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.47B | $476.41M | $498.06M | $531.00M | $503.59M | $545.07M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | $44.25M | $48.77M | $43.97M | $49.85M | $52.25M |
| Total Operating Expenses | $1.34B | $542.23M | $582.41M | $720.73M | $440.39M | $464.90M |
| D&A | $117.00M | $40.04M | $60.36M | $81.51M | $82.85M | $82.30M |
| Operating Income | $137.00M | ($65.82M) | ($84.35M) | ($189.72M) | $63.20M | $80.17M |
| Interest Expense | $57.70M | $38.45M | $49.92M | $35.29M | $34.73M | $44.12M |
| Income Tax | $22.30M | $519.0K | ($8.74M) | ($51.99M) | $5.83M | $9.53M |
| Net Income | $64.60M | ($91.02M) | ($120.12M) | ($182.68M) | $16.59M | $27.46M |
| EPS - Basic | $1.65 | ($2.21) | ($3.04) | ($5.06) | $0.46 | $0.78 |
| EPS - Diluted | $1.62 | ($2.21) | ($3.04) | ($5.06) | $0.43 | $0.78 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $134.30M | $15.62M | $32.94M | $57.68M | $120.52M | $99.39M |
| Accounts Receivable | - | $5.26M | $8.25M | $3.98M | $3.17M | $13.71M |
| Inventory | $88.50M | - | - | - | - | - |
| Accounts Payable | - | $72.10M | $58.96M | $59.39M | $61.48M | $53.23M |
| Current Assets | $540.70M | $61.28M | $138.59M | $98.33M | $158.39M | $155.59M |
| Total Assets | $3.28B | $596.86M | $898.47M | $1.12B | $1.46B | $1.50B |
| Current Liabilities | $574.30M | $174.46M | $267.91M | $214.48M | $258.19M | $353.33M |
| Long-term Debt | $1.03B | $259.82M | $364.73M | $502.52M | $539.70M | $542.46M |
| Total Liabilities | $1.95B | $486.62M | $698.43M | $807.43M | $968.55M | $1.04B |
| Stockholders' Equity | $1.33B | $110.24M | $200.04M | $308.17M | $488.05M | $457.86M |
| Retained Earnings | $708.50M | ($162.13M) | ($71.12M) | $49.00M | $231.68M | $215.09M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $226.10M | $34.24M | ($24.09M) | $13.36M | $132.87M | $174.66M |
| Investing Cash Flow | ($105.50M) | $148.79M | $142.28M | $1.36M | ($33.47M) | ($26.67M) |
| Financing Cash Flow | ($102.20M) | ($200.47M) | ($143.15M) | ($77.57M) | ($78.37M) | ($117.66M) |
| CapEx | $226.70M | $20.31M | $36.64M | $40.81M | $17.15M | $26.67M |
| Free Cash Flow | ($600.0K) | $13.93M | ($60.73M) | ($27.45M) | $115.72M | $148.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 9.3% | -13.8% | -16.9% | -35.7% | 12.5% | 14.7% |
| EBITDA margin | 17.2% | -5.4% | -4.8% | -20.4% | 29.0% | 29.8% |
| Net margin | 4.4% | -19.1% | -24.1% | -34.4% | 3.3% | 5.0% |
| Free cash flow margin | -0.0% | 2.9% | -12.2% | -5.2% | 23.0% | 27.2% |
| FCF / Net income | -0.01 | -0.15 | 0.51 | 0.15 | 6.98 | 5.39 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | 9.3% | 9.8% | 8.3% | 9.9% | 9.6% |
| Effective tax rate | 25.7% | - | - | - | 26.0% | 25.8% |
| Return on assets | 2.0% | -15.2% | -13.4% | -16.4% | 1.1% | 1.8% |
| Return on equity | 4.9% | -82.6% | -60.0% | -59.3% | 3.4% | 6.0% |
| Return on invested capital | 4.3% | -14.1% | -11.8% | -18.5% | 4.6% | 5.9% |
| Liquidity | ||||||
| Current ratio | 0.94 | 0.35 | 0.52 | 0.46 | 0.61 | 0.44 |
| Quick ratio | 0.79 | 0.35 | 0.52 | 0.46 | 0.61 | 0.44 |
| Cash ratio | 0.23 | 0.09 | 0.12 | 0.27 | 0.47 | 0.28 |
| Leverage | ||||||
| Debt / Equity | 0.77 | 2.36 | 1.82 | 1.63 | 1.11 | 1.18 |
| Debt / Assets | 0.31 | 0.44 | 0.41 | 0.45 | 0.37 | 0.36 |
| Debt / EBITDA | 4.04 | - | - | - | 3.70 | 3.34 |
| Interest coverage | 2.4x | -1.7x | -1.7x | -5.4x | 1.8x | 1.8x |
| Equity multiplier | 2.47 | 5.41 | 4.49 | 3.62 | 2.98 | 3.28 |
| Liabilities / Assets | 0.59 | 0.82 | 0.78 | 0.72 | 0.66 | 0.70 |
| Efficiency | ||||||
| Asset turnover | 0.45 | 0.80 | 0.55 | 0.48 | 0.35 | 0.36 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | 4d | 6d | 3d | 2d | 9d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 209.4% | -4.3% | -6.2% | 5.4% | -7.6% | -24.6% |
| Revenue CAGR (3y) | 40.5% | -1.8% | -3.0% | -9.8% | -5.0% | - |
| Revenue CAGR (5y) | 22.0% | -8.0% | -3.3% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 22.0% | 55.5% | - | -21.2% | -33.8% |
| Net income growth (YoY) | - | 24.2% | 34.2% | - | -39.6% | -42.3% |
| EPS growth (YoY) | - | 27.3% | 39.9% | - | -44.9% | -42.6% |
| EPS CAGR (3y) | - | - | - | - | -11.5% | - |
| EPS CAGR (5y) | 15.7% | - | - | - | - | - |
| FCF growth (YoY) | - | - | -121.2% | - | -21.8% | 462.2% |
| FCF CAGR (5y) | - | -12.0% | - | - | - | - |
| Book value growth (YoY) | 1105.1% | -44.9% | -35.1% | -36.9% | 6.6% | 7.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-09-30.
Product / service
$476.41M totalContract Revenue$404.32M · 84.9%
Pass Through And Other Revenue$72.09M · 15.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.04
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing REPUBLIC AIRWAYS HOLDINGS INC. against the 5 most active filers in the same SIC group.