RJET

Company Overview — What Does MESA AIR GROUP INC Do?

Mesa 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. MESA AIR GROUP INC (RJET) is classified as a small-cap stock in the Industrials sector, specifically within the Transportation industry. The company is led by CEO Jonathan G. Ornstein and employs approximately 2,450 people. With a market capitalization of $819M, RJET is one of the notable companies in the Industrials sector.

MESA AIR GROUP INC (RJET) Stock Rating — Hold (April 2026)

As of April 2026, MESA AIR GROUP INC receives a Hold rating with a composite score of 45.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.RJET ranks #1,507 out of 4,446 stocks in our coverage universe. Within the Industrials sector, MESA AIR GROUP INC ranks #237 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

RJET Stock Price and 52-Week Range

MESA AIR GROUP INC (RJET) currently trades at $19.79. The stock lost $0.20 (1.0%) in the most recent trading session. The 52-week high for RJET is $23.71, which means the stock is currently trading -16.6% from its annual peak. The 52-week low is $0.68, putting the stock 2806.0% above its annual trough. Recent trading volume was 110K shares, suggesting relatively thin trading activity.

Is RJET Overvalued or Undervalued? — Valuation Analysis

MESA AIR GROUP INC (RJET) carries a value factor score of 71/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 10.52x, compared to the Industrials sector average of 28.33x — a discount of 63%. The price-to-book ratio stands at 0.65x, versus the sector average of 2.23x. The price-to-sales ratio is 2.13x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, RJET trades at 2.80x EV/EBITDA, versus 5.70x for the sector.

Based on these multiples, MESA AIR GROUP INC appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

MESA AIR GROUP INC Profitability — ROE, Margins, and Quality Score

MESA AIR GROUP INC (RJET) earns a quality factor score of 27/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -16.0%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -6.5% versus the sector average of 3.3%.

On a margin basis, MESA AIR GROUP INC reports gross margins of 98.4%, compared to 35.8% for the sector. The operating margin is -48.2% (sector: 6.2%). Net profit margin stands at -52.5%, versus 3.9% for the average Industrials stock. Revenue growth is running at -31.1% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

RJET Debt, Balance Sheet, and Financial Health

MESA AIR GROUP INC has a debt-to-equity ratio of 77.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 0.94x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $1.03B. Cash and equivalents stand at $42M.

RJET has a beta of 4.29, meaning it is more volatile than the broader market — a $10,000 investment in RJET would be expected to move 329.2% more than the S&P 500 on any given day. The stability factor score for MESA AIR GROUP INC is 17/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

MESA AIR GROUP INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, MESA AIR GROUP INC reported revenue of $404M and earnings per share (EPS) of $1.90. Net income for the quarter was $-212M. Gross margin was 98.4%. Operating income came in at $-194M.

In FY 2025, MESA AIR GROUP INC reported revenue of $1.68B and earnings per share (EPS) of $1.90. Net income for the quarter was $76M. Revenue grew 251.9% year-over-year compared to FY 2024. Operating income came in at $168M.

In Q3 2025, MESA AIR GROUP INC reported revenue of $91M and earnings per share (EPS) of $-0.34. Net income for the quarter was $-14M. Gross margin was 99.6%. Revenue grew -21.3% year-over-year compared to Q3 2024. Operating income came in at $-9M.

In Q2 2025, MESA AIR GROUP INC reported revenue of $95M and earnings per share (EPS) of $-1.42. Net income for the quarter was $-59M. Gross margin was 98.6%. Revenue grew -28.0% year-over-year compared to Q2 2024. Operating income came in at $-57M.

Over the past 8 quarters, MESA AIR GROUP INC has demonstrated a growth trajectory, with revenue expanding from $132M to $404M. Investors analyzing RJET stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

RJET Dividend Yield and Income Analysis

MESA AIR GROUP INC (RJET) does not currently pay a dividend. This is common among smaller companies in the Transportation industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

RJET Momentum and Technical Analysis Profile

MESA AIR GROUP INC (RJET) has a momentum factor score of 71/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 38/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 31/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

RJET vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, MESA AIR GROUP INC (RJET) ranks #237 out of 752 stocks based on the Blank Capital composite score. This places RJET in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing RJET against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RJET vs S&P 500 (SPY) comparison to assess how MESA AIR GROUP INC stacks up against the broader market across all factor dimensions.

RJET Next Earnings Date

No upcoming earnings date has been announced for MESA AIR GROUP INC (RJET) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy RJET? — Investment Thesis Summary

MESA AIR GROUP INC presents a balanced picture with arguments on both sides. The quality score of 27/100 flags below-average profitability. The value score of 71/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 71/100, suggesting the trend favors buyers. High volatility (stability score 17/100) increases portfolio risk.

In summary, MESA AIR GROUP INC (RJET) earns a Hold rating with a composite score of 45.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RJET stock.

Related Resources for RJET Investors

Explore more research and tools: RJET vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RJET head-to-head with peers: RJET vs SOBO, RJET vs TEN, RJET vs GLDD.