JETMF (Global Crossing Airlines Group) EBIT: $11.9 Mil (TTM As of Mar. 2026)


JETMF Global Crossing Airlines Group Inc JETMF
29 GF Score
Price $0.61
GF Value $0.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Global Crossing Airlines Group EBIT?

Global Crossing Airlines Group JETMF +1.66% 29 EBIT is $11.9 Mil as of Mar. 2026. GuruFocus rates JETMF with a GF Score™ of 29/100 and a GF Value™ of $0.68 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Global Crossing Airlines Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $6.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $11.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Crossing Airlines Group's annualized ROC % for the quarter that ended in Mar. 2026 was 11.16%. Global Crossing Airlines Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Crossing Airlines Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.19%.

Global Crossing Airlines Group  (OTCPK:JETMF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Global Crossing Airlines Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=24.408 * ( 1 - 0% )/( (220.71 + 216.831)/ 2 )
=24.408/218.7705
=11.16 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=203.052 - 42.836 - ( 16.694 - max(0, 91.713 - 31.219+16.694))
=220.71

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=205.272 - 52.031 - ( 16.915 - max(0, 92.745 - 29.155+16.915))
=216.831

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Global Crossing Airlines Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.408/( ( (106.402 + max(-49.542, 0)) + (105.636 + max(-50.857, 0)) )/ 2 )
=24.408/( ( 106.402 + 105.636 )/ 2 )
=24.408/106.019
=23.02 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.782 + 0 + 7.743) - (42.836 + 21.231 + 0)
=-49.542

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.763 + 0 + 7.477) - (52.031 + 11.066 + 0)
=-50.857

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Global Crossing Airlines Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=11.899/192.320
=6.19 %

* 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.

Global Crossing Airlines Group EBIT Related Terms

Global Crossing Airlines Group EBIT Historical Data

* Premium members only.

The historical data trend for Global Crossing Airlines Group's EBIT 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.

Global Crossing Airlines Group EBIT Chart

Global Crossing Airlines Group Annual Data
Trend Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.97 -14.20 -15.87 -2.43 8.91

Global Crossing Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 3.28 1.04 1.48 6.10

JETMF vs DAL, UAL, LUV: EBIT Comparison

For the Airlines subindustry, Global Crossing Airlines Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Global Crossing Airlines Group EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's EV-to-EBIT falls into.


JETMF
29GF Score
Global Crossing Airlines Group Inc JETMF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Crossing Airlines Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.9 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $11.9 Mil mean?
Global Crossing Airlines Group (JETMF) has a EBIT of $11.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Crossing Airlines Group.
Is Global Crossing Airlines Group's EBIT too high?
Global Crossing Airlines Group's current EBIT is $11.9 Mil. Overall, Global Crossing Airlines Group has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's EBIT compare to DAL and UAL?
Global Crossing Airlines Group's EBIT of $11.9 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Crossing Airlines Group. Global Crossing Airlines Group's current EBIT is $11.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Crossing Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, Global Crossing Airlines Group (JETMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.68, compared to a current price of $0.61 — trading 10.3% below its estimated fair value. The current EBIT is $11.9 Mil. Global Crossing Airlines Group's overall GF Score™ is 29/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Global Crossing Airlines Group (JETMF), the current EBIT is $11.9 Mil as of Mar. 2026. 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 Global Crossing Airlines Group (JETMF) Overvalued in 2026?

Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued. The current stock price of $0.61 is trading 10.3% below its estimated GF Value™ of $0.68. GuruFocus considers Global Crossing Airlines Group to be Modestly Undervalued.

Key valuation signals for JETMF:

  • EBIT: $11.9 Mil
  • GF Value™: $0.68 vs. price of $0.61 (10.3% below fair value)
  • GF Score™: 29/100 with 4 warning signs

No single metric tells the full story. See the JETMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Global Crossing Airlines Group Business Description

Address 4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, and Central and South America. It generates revenues by providing passenger aircraft outsourcing services to customers on a Charter and ACMI basis. Geographically, it operates predominantly in the USA.
29GF Score

Get the complete analysis for JETMF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.61
Price
$0.68
GF Value