Mesa Air Group, Inc.

NasdaqCM:MESA Stock Report

Market Cap: US$58.6m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Mesa Air Group Past Earnings Performance

Past criteria checks 0/6

Mesa Air Group's earnings have been declining at an average annual rate of -45.2%, while the Airlines industry saw earnings growing at 54.9% annually. Revenues have been declining at an average rate of 3.9% per year.

Key information

-45.21%

Earnings growth rate

-43.44%

EPS growth rate

Airlines Industry Growth0.092%
Revenue growth rate-3.94%
Return on equityn/a
Net Margin-43.66%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Seeking Alpha • Jan 25

Airline Turnarounds: Spirit Airlines Vs. Mesa Air Group

Summary Dave Portnoy's tweets about being long on Spirit Airlines may spark a short squeeze. The fundamentals of SAVE, including its high debt load, make it a risky investment at $7 or $8 per share. Mesa Airlines offers a better risk/return profile for those looking to play an airline turnaround. Read the full article on Seeking Alpha
Analysis Article • Apr 19

Health Check: How Prudently Does Mesa Air Group (NASDAQ:MESA) Use Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Sep 25

Is Mesa Air Group (NASDAQ:MESA) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jun 24

Is Mesa Air Group, Inc. (NASDAQ:MESA) Worth US$2.4 Based On Its Intrinsic Value?

Does the June share price for Mesa Air Group, Inc. ( NASDAQ:MESA ) reflect what it's really worth? Today, we will...
Seeking Alpha • Jun 23

Mesa Air Group: Not A Regional Airlines Gem

Mesa Air Group is experiencing the bitter reality of being a regional airline. Airline has 200 pilots in training, but between each pilot leaving and coming in there is a 74-day gap. Absent of pilot shortages, regional airlines with fuel cost pass through would provide superior investment opportunities.
Analysis Article • May 18

Is Mesa Air Group (NASDAQ:MESA) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Feb 02

Shareholders May Be Wary Of Increasing Mesa Air Group, Inc.'s (NASDAQ:MESA) CEO Compensation Package

Mesa Air Group, Inc. ( NASDAQ:MESA ) has not performed well recently and CEO Jonathan Ornstein will probably need to up...
Seeking Alpha • Jan 05

Mesa Air Group: Regional Carrier Is A Value Pick With Upside In 2022

Mesa Air Group operates regional flights under service agreements for other major airlines. While the company was profitable in 2021, higher costs related to aircraft maintenance along with ongoing Covid disruptions have pressured the outlook. Assuming the pandemic is controlled going forward, we are bullish on MESA with the recent selloff presenting a compelling buying opportunity.
Analysis Article • Dec 02

Is Mesa Air Group (NASDAQ:MESA) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha • Sep 05

Mesa Air Group: Risky Despite Recent 53% Drop In Price

Since the stock is down 53% from its March highs, it is interesting taking a deeper look at the fundamentals. The company has been affected by the COVID-19 pandemic, but managed to stay profitable and showed resilience. There are interesting growth opportunities embedded in the business.
Analysis Article • May 04

Is Mesa Air Group (NASDAQ:MESA) Using Debt In A Risky Way?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Revenue & Expenses Breakdown

How Mesa Air Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:MESA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25406-177440
31 Mar 25424-218420
31 Dec 24461-148420
30 Sep 24476-91440
30 Jun 24476-94430
31 Mar 24479-122440
31 Dec 23470-169470
30 Sep 23498-120490
30 Jun 23509-207510
31 Mar 23529-170510
31 Dec 22530-177450
30 Sep 22531-183440
30 Jun 22536-75450
31 Mar 22527-60460
31 Dec 21501-12490
30 Sep 2150417500
30 Jun 2148135490
31 Mar 2142935490
31 Dec 2051131520
30 Sep 2054527520
30 Jun 2062528520
31 Mar 2073228520
31 Dec 1972939510
30 Sep 1972348510
30 Jun 1971355370
31 Mar 1970541470
31 Dec 1869530440
30 Sep 1868233540
30 Jun 1866119510
31 Mar 1865746400
31 Dec 1764949400
30 Sep 1764433390
30 Sep 1658815420

Quality Earnings: MESA is currently unprofitable.

Growing Profit Margin: MESA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MESA is unprofitable, and losses have increased over the past 5 years at a rate of 45.2% per year.

Accelerating Growth: Unable to compare MESA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MESA is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (5.5%).

Return on Equity

High ROE: MESA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/26 08:44
End of Day Share Price 2025/11/24 00:00
Earnings2025/06/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mesa Air Group, Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew DidoraBofA Global Research
Scott BuckB. Riley Securities, Inc.
Michael LinenbergDeutsche Bank