FLYX (flyExclusive) Altman Z-Score: -1.27 (As of Jun. 29, 2026)


FLYX flyExclusive Inc FLYX
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What is flyExclusive Altman Z-Score?

flyExclusive FLYX -4.55% 20 Altman Z-Score is -1.27 as of Jun. 29, 2026. GuruFocus rates FLYX with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 992 Transportation companies, flyExclusive ranks worse than 96.88% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of -1.26 is in distress zone. This implies bankruptcy possibility in the next two years.

flyExclusive has a Altman Z-Score of -1.27, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for flyExclusive's Altman Z-Score or its related term are showing as below:

FLYX' s Altman Z-Score Range Over the Past 10 Years
Min: -1.41   Med: -0.92   Max: 0.06
Current: -1.26

During the past 6 years, flyExclusive's highest Altman Z-Score was 0.06. The lowest was -1.41. And the median was -0.92.


flyExclusive  (AMEX:FLYX) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


flyExclusive Altman Z-Score Related Terms


flyExclusive Altman Z-Score Historical Data

* Premium members only.

The historical data trend for flyExclusive's Altman Z-Score 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 Altman Z-Score Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.06 -0.76 -1.28

flyExclusive Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 -1.08 -1.04 -1.41 -1.28 -1.26

FLYX vs SRFM, FLYYQ, DAL: Altman Z-Score Comparison

For the Airlines subindustry, flyExclusive's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, flyExclusive's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where flyExclusive's Altman Z-Score falls into.


FLYX
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flyExclusive Inc FLYX
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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flyExclusive Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

flyExclusive's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.4724+1.4*-0.9978+3.3*-0.0805+0.6*0.1763+1.0*0.8548
=-1.27

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $449.3 Mil.
Total Current Assets was $66.7 Mil.
Total Current Liabilities was $279.0 Mil.
Retained Earnings was $-448.3 Mil.
Pre-Tax Income was -13.369 + -6.879 + -21.078 + -16.129 = $-57.5 Mil.
Interest Expense was -5.289 + -6.526 + -5.052 + -4.429 = $-21.3 Mil.
Revenue was 96.35 + 104.288 + 92.132 + 91.332 = $384.1 Mil.
Market Cap (Today) was $92.0 Mil.
Total Liabilities was $521.8 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(66.704 - 278.961)/449.322
=-0.4724

X2=Retained Earnings/Total Assets
=-448.317/449.322
=-0.9978

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-57.455 - -21.296)/449.322
=-0.0805

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=91.977/521.833
=0.1763

X5=Revenue/Total Assets
=384.102/449.322
=0.8548

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

flyExclusive has a Altman Z-Score of -1.27 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of -1.27 mean?
flyExclusive (FLYX) has a Altman Z-Score of -1.27 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on flyExclusive and its competitors. According to the industry distribution chart, flyExclusive ranks #961 out of 992 companies in the Transportation industry, placing it in the top 96.9%.
Is flyExclusive's Altman Z-Score too high?
flyExclusive's current Altman Z-Score is -1.27. Based on the distribution chart, flyExclusive ranks #961 out of 992 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, flyExclusive has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does flyExclusive's Altman Z-Score compare to SRFM and FLYYQ?
According to the Transportation industry distribution chart, flyExclusive ranks #961 out of 992 companies for Altman Z-Score. This places flyExclusive in the lower half of its industry. The industry median Altman Z-Score is 2.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 992 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on flyExclusive and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. flyExclusive's current Altman Z-Score is -1.27. 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 Altman Z-Score of -1.27. The current Altman Z-Score is -1.27. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For flyExclusive (FLYX), the current Altman Z-Score is -1.27 as of Jun. 29, 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.
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