A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Mesa Air Group's Debt-to-EBITDA or its related term are showing as below:
MESA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -29.11 Med: 5.16 Max: 8.82
Current: -0.77
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mesa Air Group was 8.82. The lowest was -29.11. And the median was 5.16.
MESA's Debt-to-EBITDA is not ranked
in the Transportation industry.
Industry Median: 2.64
vs MESA: -0.77
Mesa Air Group (NAS:MESA) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Mesa Air Group Debt-to-EBITDA Related Terms
Mesa Air Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mesa Air Group's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MESA vs SNCY, ULCC, ALGT: Debt-to-EBITDA Comparison
For the Airlines subindustry, Mesa Air Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mesa Air Group Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Mesa Air Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mesa Air Group's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Sep. 2025) EBITDA data.
Mesa Air Group (MESA) has a Debt-to-EBITDA of -2.94 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mesa Air Group.
Is Mesa Air Group's Debt-to-EBITDA too high?
Mesa Air Group's current Debt-to-EBITDA is -2.94. Overall, Mesa Air Group has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mesa Air Group's Debt-to-EBITDA compare to SNCY and ULCC?
Mesa Air Group's Debt-to-EBITDA of -2.94 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mesa Air Group. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Air Group's current Debt-to-EBITDA is -2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Air Group stock overvalued right now?
Mesa Air Group (MESA) has a current Debt-to-EBITDA of -2.94. The stock's GF Value™ is $13.88, compared to a current price of $1.40 — trading 89.9% below its estimated fair value. The current Debt-to-EBITDA is -2.94. Mesa Air Group's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Mesa Air Group (MESA), the current Debt-to-EBITDA is -2.94 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesa Air Group (MESA) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Air Group stock appears to be undervalued.
The current stock price of $1.40 is trading 89.9% below its estimated GF Value™ of $13.88.
Key valuation signals for MESA:
Debt-to-EBITDA: -2.94
GF Value™: $13.88 vs. price of $1.40 (89.9% below fair value)
No single metric tells the full story. See the MESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Air Group Inc is a regional air carrier providing scheduled passenger service. It provides services to the District of Columbia, Canada, Cuba, and Mexico, and cargo services out of Cincinnati/Northern Kentucky International Airport. Flights are operated as American Eagle, United Express, or DHL Express flights to the terms of capacity purchase agreements with American and United and a flight services agreement with DHL. The business has a presence in domestic hubs and cities, including Dallas, Houston, Phoenix, and Washington-Dulles, and other regions.
55GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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