FLYX (flyExclusive) Scaled Net Operating Assets: 0.33 (As of Mar. 2026)


FLYX flyExclusive Inc FLYX
20 GF Score
Price $2.00
! 6 Warning Signs
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What is flyExclusive Scaled Net Operating Assets?

flyExclusive FLYX +1.01% 20 Scaled Net Operating Assets is 0.33 as of Mar. 2026. GuruFocus rates FLYX with a GF Score™ of 20/100. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

flyExclusive's operating assets for the quarter that ended in Mar. 2026 was $429.7 Mil. flyExclusive's operating liabilities for the quarter that ended in Mar. 2026 was $285.0 Mil. flyExclusive's Total Assets for the quarter that ended in Dec. 2025 was $440.0 Mil. Therefore, flyExclusive's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.33.


flyExclusive Scaled Net Operating Assets Historical Data

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The historical data trend for flyExclusive's Scaled Net Operating Assets 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.

flyExclusive Scaled Net Operating Assets Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.00 0.83 0.54 0.40 0.24

flyExclusive Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.39 0.39 0.38 0.29 0.33

FLYX vs SRFM, FLYYQ, DAL: Scaled Net Operating Assets Comparison

For the Airlines subindustry, flyExclusive's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


flyExclusive Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, flyExclusive's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where flyExclusive's Scaled Net Operating Assets falls into.


FLYX
20GF Score
flyExclusive Inc FLYX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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flyExclusive Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

flyExclusive's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(410.656-281.096)/538.29
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=439.996 - 29.34
=410.656

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=524.266 - 176.304 - 66.866
=281.096

flyExclusive's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(429.7-285.038)/439.996
=0.33

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=449.322 - 19.622
=429.7

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=521.833 - 160.487 - 76.308
=285.038

* 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.

What does a Scaled Net Operating Assets of 0.33 mean?
flyExclusive (FLYX) has a Scaled Net Operating Assets of 0.33 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on flyExclusive and its competitors.
Is flyExclusive's Scaled Net Operating Assets too high?
flyExclusive's current Scaled Net Operating Assets is 0.33. Overall, flyExclusive has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does flyExclusive's Scaled Net Operating Assets compare to SRFM and FLYYQ?
flyExclusive's Scaled Net Operating Assets of 0.33 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 Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on flyExclusive and its competitors. flyExclusive's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is flyExclusive stock overvalued right now?
flyExclusive (FLYX) has a current Scaled Net Operating Assets of 0.33. The current Scaled Net Operating Assets is 0.33. flyExclusive's overall GF Score™ is 20/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For flyExclusive (FLYX), the current Scaled Net Operating Assets is 0.33 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.

flyExclusive Business Description

Address 2860 Jetport Road, Kinston, NC, USA, 28504
flyExclusive Inc is an owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. Its mission is to be the world's majority vertically integrated private aviation company through capital-efficient program growth, an industry pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company has over 100 aircraft in its owned and leased fleet, which includes light, midsize, super-midsize, and large jets. As one of the nation's Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.
20GF Score

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

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