Republic Airways Holdings Inc (RJET) AI Stock Analysis
RJET AI stock analysis summary
AI ResearchRepublic Airways Holdings Inc is a regional passenger airline operating scheduled flights across North America. For the trailing twelve months, the company generated $1.97B in revenue alongside an operating margin of 12.7%. However, capital expenditures contributed to -$88.7M in free cash flow during FY2025, and total debt stood at $1.19B as of June 30, 2026.
- Market cap
- $751.0M
- Revenue (TTM)
- $1.97B
- P/E
- 10.6x
- 1Y return
- -22.5% S&P 500 16.8%
- Avg. target
- $4.00 -75.1% vs last close
Bull case
- Trailing twelve-month revenue reached $1.97B, supported by 40.8% quarterly revenue growth year-over-year for the period ended June 30, 2026.
- Operating margin expanded to 12.8% in FY2025 as net income increased to $76.2M.
- RJET trades at a trailing P/E of 10.6x and an EV-to-EBITDA of 10.4x, both discounted relative to the US-listed Industrials peer medians of 24.8x and 13.9x.
Bear case
- Capital expenditures of $410.7M in FY2025 led to negative free cash flow of -$88.7M.
- Total debt reached $1.19B as of June 30, 2026, creating a net debt burden of $894.7M against $299.8M in cash.
- The analyst mean price target of $4.00 stands 75.1% below the October 16, 2026 closing price of $16.04.
What Republic Airways does
Republic Airways Holdings Inc. provides scheduled passenger services. The company operates a fleet of approximately 275 aircraft and offers scheduled passenger service with 1,300 daily flights to 130 cities across the United States, Canada, the Caribbean, and Mexico. Republic Airways Holdings Inc. was founded in 1974 and is based in Carmel, Indiana. The regional carrier currently employs approximately 8,500 people to support its ongoing flight operations across North America.
Growth and profitability
Republic Airways expanded annual revenue from $503.6M in FY2021 to $1.33B in FY2022, $1.43B in FY2023, $1.47B in FY2024, and $1.68B in FY2025, delivering a five-year revenue CAGR of 25.2%. Gross margin improved to 27.8% in FY2025, while operating margin rose to 12.8% and net income reached $76.2M. Over the trailing twelve months, revenue reached $1.97B with a net profit margin of 3.5% and an operating margin of 12.7%. For the latest quarter ended June 30, 2026, quarterly revenue grew 40.8% year-over-year, while quarterly earnings fell 27.7%.
Balance sheet and cash flow
As of June 30, 2026, Republic Airways held $299.8M in cash and short-term investments against total debt of $1.19B, resulting in net debt of $894.7M. Shareholders' equity was $1.39B against total assets of $3.26B, giving a current ratio of 1.03 and a debt-to-equity ratio of 0.86. Operating cash flow reached $322.0M in FY2025, but capital expenditures of $410.7M drove free cash flow to -$88.7M. Additionally, the five-year share count change was 1825.9%.
Valuation and performance
With a market capitalization of $751.0M and an enterprise value of $1.79B, Republic Airways trades at a trailing P/E of 10.6x, below the 24.8x median of its US-listed Industrials peers. The company's price-to-sales multiple is 0.4x versus the peer median of 1.5x, and EV-to-EBITDA is 10.4x compared to the peer median of 13.9x. The stock closed at $16.04 on October 16, 2026, and is down 22.5% over the past year compared to a 16.8% gain for the S&P 500 benchmark SPY. Over five years, RJET returned -81.9% versus 83.0% for SPY.
What analysts expect
Wall Street coverage shows a mean price target of $4.00, which sits 75.1% below the last close of $16.04. The consensus revenue estimate for the fiscal year ending December 31, 2026, is listed at $0. Republic Airways recorded 1 EPS beat over the last 4 quarters. The company is scheduled to report its next earnings on October 29, 2026.
Key risks and what to watch
- Persistent free cash flow deficits, including -$88.7M in FY2025, absorb liquidity despite operating cash flow of $322.0M.
- Total debt of $1.19B exceeds cash and short-term investments of $299.8M, yielding net debt of $894.7M.
- Dilution poses a risk following a 1825.9% expansion in the share count over five years.
- Quarterly earnings fell 27.7% year-over-year in the quarter ended June 30, 2026, reflecting bottom-line volatility.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this RJET AI stock analysis
This page is an AI-written research summary of Republic Airways Holdings Inc (RJET). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: RJET income statement, RJET balance sheet, RJET key metrics, RJET analyst forecast, RJET chart. See the RJET stock overview for the latest quote and news.
RJET AI stock analysis FAQ
Does Republic Airways Holdings Inc pay a dividend?
Republic Airways Holdings Inc does not currently report a dividend payment.
What is Republic Airways' total debt load?
As of June 30, 2026, Republic Airways held $1.19B in total debt and $299.8M in cash and short-term investments, which results in net debt of $894.7M.
What is the Wall Street analyst price target for RJET?
The mean analyst price target is $4.00, which is 75.1% below the stock's closing price of $16.04 on October 16, 2026.
When is the next scheduled earnings announcement for Republic Airways?
Republic Airways is scheduled to report its next quarterly financial results on October 29, 2026.