Republic Airways Holdings (RJET) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Republic Airways Holdings

NasdaqGS•Industrials•Airlines

$17.92+0.70(0.04%)Market closed

Market Cap

$790.30M

P/E

2.6x

P/S

0.3x

P/B

0.6x

Republic Airways Holdings Inc. provides scheduled passenger services. The company operates a fleet of approximately 275 aircraft and offers scheduled passenger service with 1,300 daily flights to 130 cities across the United States, Canada, the Caribbean, and Mexico. Republic Airways Holdings Inc. was founded in 1974 and is based in Carmel, Indiana.

How this company scores

GoodMetricSide Score: 63/100

Strongest: Profitability (25/25); weakest: Cash & Earnings Quality (3/25).

Profitability25/25

Growth21/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality3/25

Strengths

Growing revenueStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 2.6x5y range 2.6x – 256.3x

Currently below its 5-quarter median.

P/S · 0.3x5y range 0.3x – 10.4x

Currently below its 20-quarter median.

P/B · 0.6x5y range 0.6x – 10.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $790.30M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.58B
Q. Revenue: $571.10M
TTM EBITDA: $631.32M
TTM Op. Income: $449.25M
Q. Op. Income: $58.70M
TTM Net Income: $307.49M
Q. Net Income: $31.20M
EPS: $0.68
Shares Out.: $45.71M

$2.58B in TTM revenue grew 507.7% YoY, reaching $571.10M last quarter. TTM EBITDA of $631.32M and TTM operating income of $449.25M show growth is flowing through to the bottom line. TTM net income of $307.49M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 16.4%
Op. Margin: 10.3%
Net Margin: 5.5%

Op. margin of 10.3% is up 70.7% YoY — cost efficiency is improving. Net margin at 5.5% Over the past year, operating margin is up 117% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 2.6x
P/S Ratio: 0.3x
P/B Ratio: 0.6x

At 2.6x P/E, the stock trades below typical market levels. P/S of 0.3x and P/B of 0.6x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 3 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.26B
Cash: $115.70M
Long-Term Debt: $875.70M
Book Value: $1.39B
D/E Ratio: 0.6
Debt/EBITDA: 9.3

With $3.26B in assets and $875.70M in long-term debt, D/E is 0.6and book value is $1.39B — a conservative capital structure with a cushion to weather downturns. Across the last 5 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $49.30M
TTM Free Cash Flow: $-52.26M
FCF Margin: -2.0%
FCF / Net Income: -0.2

TTM FCF of $-52.26M on $49.30M in operating cash flow. The FCF / Net Income ratio of -0.2x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 168% — an improving trend.