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Mesa Air Group's Enterprise Value for the quarter that ended in Sep. 2025 was $118.8 Mil.
Mesa Air Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was $-151.3 Mil. Mesa Air Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2025 was -126.58%.
The historical rank and industry rank for Mesa Air Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MESA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -171.15 Med: -6.05 Max: 12.87
Current: -123.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mesa Air Group was 12.87%. The lowest was -171.15%. And the median was -6.05%.
MESA's Earnings Yield (Joel Greenblatt) % is not ranked
in the Transportation industry.
Industry Median: 6.85
vs MESA: -123.46
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Mesa Air Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2025 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Mesa Air Group (NAS:MESA) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Mesa Air Group Earnings Yield (Joel Greenblatt) % Related Terms
Mesa Air Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mesa Air Group's Earnings Yield (Joel Greenblatt) % 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 Air Group Earnings Yield (Joel Greenblatt) % Chart
For the Airlines subindustry, Mesa Air Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Mesa Air Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mesa Air Group's Earnings Yield (Joel Greenblatt) % falls into.
Mesa Air Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Mesa Air Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2024 is calculated as
Mesa Air Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-151.3 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -126.58% mean?
Mesa Air Group (MESA) has a Earnings Yield (Joel Greenblatt) % of -126.58% as of Sep. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mesa Air Group and its competitors.
Is Mesa Air Group's Earnings Yield (Joel Greenblatt) % too high?
Mesa Air Group's current Earnings Yield (Joel Greenblatt) % is -126.58%. 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 Earnings Yield (Joel Greenblatt) % compare to SNCY and ULCC?
Mesa Air Group's Earnings Yield (Joel Greenblatt) % of -126.58% can be compared against companies in the Transportation industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.85, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mesa Air Group and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Air Group's current Earnings Yield (Joel Greenblatt) % is -126.58%. 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 Earnings Yield (Joel Greenblatt) % of -126.58%. 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 Earnings Yield (Joel Greenblatt) % is -126.58%. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Mesa Air Group (MESA), the current Earnings Yield (Joel Greenblatt) % is -126.58% 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:
Earnings Yield (Joel Greenblatt) %: -126.58%
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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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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