Global Crossing Airlines GroupJETMF +1.66%29 Gross Margin % is 20.41% as of Mar. 2026, which is 174% above its 10-year median of 7.45. 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. Among 978 Transportation companies, Global Crossing Airlines Group ranks worse than 55.83% on this metric.
Global Crossing Airlines Group (OTCPK:JETMF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Global Crossing Airlines Group had a gross margin of 20.41% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Global Crossing Airlines Group Gross Margin % Related Terms
Global Crossing Airlines Group Gross Margin % Historical Data
* 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 Gross Margin % Chart
For the Airlines subindustry, Global Crossing Airlines Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Global Crossing Airlines Group's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Global Crossing Airlines Group (JETMF) has a Gross Margin % of 20.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Global Crossing Airlines Group and its competitors. This is 174% above median its historical median of 7.45. According to the industry distribution chart, Global Crossing Airlines Group ranks #546 out of 978 companies in the Transportation industry, placing it in the top 55.8%.
Is Global Crossing Airlines Group's Gross Margin % too high?
Global Crossing Airlines Group's current Gross Margin % of 20.41% is 174% above median its 10-year median of 7.45. The Transportation industry median Gross Margin % is 20.50. Global Crossing Airlines Group's value of 20.41% is 0.4% below this industry median. Based on the distribution chart, Global Crossing Airlines Group ranks #546 out of 978 companies in the Transportation industry, which is below the industry midpoint. 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 Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Global Crossing Airlines Group ranks #546 out of 978 companies for Gross Margin %. This places Global Crossing Airlines Group in the lower half of its industry. The industry median Gross Margin % is 20.50. Global Crossing Airlines Group's value of 20.41% is 0.4% below this benchmark. While the company's 10-year median is 7.45 vs. the industry median of 20.50, Global Crossing Airlines Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.50, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Crossing Airlines Group's current Gross Margin % of 20.41% is 0.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Global Crossing Airlines Group and its competitors. For the Transportation industry, the median Gross Margin % is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Crossing Airlines Group's current Gross Margin % is 20.41%, which is 174% above median its own 10-year median of 7.45. 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 Gross Margin % is 20.41%, which is 174% above median its 10-year median of 7.45 and 0.4% below the Transportation industry median of 20.50. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Global Crossing Airlines Group (JETMF), the current Gross Margin % is 20.41% 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:
Gross Margin %: 20.41% (174% above median its 10-year median of 7.45)
GF Value™: $0.68 vs. price of $0.61 (10.3% below fair value)
Industry Position: 0.4% below the Transportation median (#546 of 978)
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
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
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