ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Global Crossing Airlines Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $10.8 Mil.
Global Crossing Airlines Group's average Total Assets over the quarter that ended in Mar. 2026 was $204.2 Mil. Therefore, Global Crossing Airlines Group's annualized ROA % for the quarter that ended in Mar. 2026 was 5.27%.
The historical rank and industry rank for Global Crossing Airlines Group's ROA % or its related term are showing as below:
JETMF'
s ROA % Range Over the Past 10 Years
Min: -343.26 Med: -68.76 Max: -0.3
Current: -0.3
During the past 13 years, Global Crossing Airlines Group's highest ROA % was -0.30%. The lowest was -343.26%. And the median was -68.76%.
JETMF's ROA % is ranked worse than 81.61% of 1006
companies
in the Transportation industry
Industry Median: 3.435
vs JETMF: -0.30
Global Crossing Airlines Group (OTCPK:JETMF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Global Crossing Airlines Group ROA % Related Terms
Global Crossing Airlines Group ROA % 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.
For the Airlines subindustry, Global Crossing Airlines Group's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Global Crossing Airlines Group's ROA % distribution charts can be found below:
* The bar in red indicates where Global Crossing Airlines Group's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Global Crossing Airlines Group (JETMF) has a ROA % of 5.27% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Global Crossing Airlines Group and its competitors. According to the industry distribution chart, Global Crossing Airlines Group ranks #821 out of 1006 companies in the Transportation industry, placing it in the top 81.6%.
Is Global Crossing Airlines Group's ROA % too high?
Global Crossing Airlines Group's current ROA % is 5.27%. The Transportation industry median ROA % is 3.44. Global Crossing Airlines Group's value of 5.27% is 53.4% above this industry median. Based on the distribution chart, Global Crossing Airlines Group ranks #821 out of 1006 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 ROA % compare to DAL and UAL?
According to the Transportation industry distribution chart, Global Crossing Airlines Group ranks #821 out of 1006 companies for ROA %. This places Global Crossing Airlines Group in the lower half of its industry. The industry median ROA % is 3.44. Global Crossing Airlines Group's value of 5.27% is 53.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.44, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Crossing Airlines Group's current ROA % of 5.27% is 53.4% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Global Crossing Airlines Group and its competitors. For the Transportation industry, the median ROA % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Crossing Airlines Group's current ROA % is 5.27%. 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 ROA % is 5.27% and 53.4% above the Transportation industry median of 3.44. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Global Crossing Airlines Group (JETMF), the current ROA % is 5.27% 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:
ROA %: 5.27%
GF Value™: $0.68 vs. price of $0.61 (10.3% below fair value)
Industry Position: 53.4% above the Transportation median (#821 of 1006)
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
Get the complete analysis for JETMF
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JETMF has been successfully added to your 
