Republic Airways Holdings Inc (RJET) Key Metrics
RJET valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $751.0M
- Enterprise value
- $1.79B
- P/E (TTM)
- 10.6
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.4
- Price / book
- 0.6
- EV / EBITDA
- 10.4
- Dividend yield
- —
- Beta
- —
RJET key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRJET returns How much profit the business earns on the capital it uses.
RJET financial health Debt, liquidity and how easily interest is covered.
RJET efficiency & capital use Working capital cycle and where the cash goes.
RJET valuation history
RJET returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RJET debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RJET cash returned to shareholders
RJET price vs earnings per share
RJET key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $747.7M | — | — | — | — | — | — | — | — | — |
| Enterprise value | $1.68B | — | — | — | — | — | — | — | — | — |
| P/E ratio | 9.8 | — | — | — | — | — | — | — | — | — |
| Price / sales | 0.4 | — | — | — | — | — | — | — | — | — |
| Price / book | 0.6 | — | — | — | — | — | — | — | — | — |
| Price / operating cash flow | 2.3 | — | — | — | — | — | — | — | — | — |
| EV / sales | 1.0 | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | 5.6 | — | — | — | — | — | — | — | — | — |
| Earnings yield | 10.2% | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | −11.9% | — | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $18.37 | $17.40 | $15.15 | $22.95 | $84.00 | $100.35 | $134.10 | $115.65 | — | — |
| Per share | ||||||||||
| Revenue per share | $41.19 | — | — | — | — | — | — | — | — | — |
| Earnings per share | $1.87 | — | — | — | — | — | — | — | — | — |
| Operating cash flow per share | $7.91 | — | — | — | — | — | — | — | — | — |
| Free cash flow per share | −$2.18 | — | — | — | — | — | — | — | — | — |
| Cash per share | $7.29 | — | — | — | — | — | — | — | — | — |
| Book value per share | $32.64 | — | — | — | — | — | — | — | — | — |
| Tangible book value per share | $29.63 | — | — | — | — | — | — | — | — | — |
| Capex per share | $10.09 | — | — | — | — | — | — | — | — | — |
| Debt per share | $30.11 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 40.7M | — | — | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.2% | 6.0% | 8.1% | 17.0% | 3.5% | 6.2% | 11.9% | 11.1% | 16.0% | 3.8% |
| Return on invested capital (ROIC) | 6.9% | 5.2% | 5.9% | 10.1% | −3.4% | −0.2% | 8.3% | 8.5% | 5.7% | 1.7% |
| Return on assets (ROA) | 2.5% | 2.3% | 2.7% | 4.7% | 1.0% | 1.7% | 3.0% | 2.2% | 2.3% | 0.6% |
| Return on tangible assets | 2.4% | 2.3% | 2.0% | 5.4% | 1.0% | 1.7% | 3.1% | 2.1% | 2.2% | 1.1% |
| Free cash flow margin | −5.3% | −2.3% | −4.4% | −0.7% | 23.0% | 27.2% | 3.6% | 0.1% | −1.5% | −65.6% |
| Income quality (OCF / net income) | 4.23 | 3.50 | 6.01 | 2.80 | 8.01 | 6.36 | 3.19 | 3.58 | 2.28 | 7.00 |
| Financial health | ||||||||||
| Total debt | $1.23B | $1.14B | $1.24B | $633.7M | $718.1M | $838.2M | $843.3M | $915.3M | $944.3M | $913.0M |
| Cash & short-term investments | $296.5M | $302.0M | $342.2M | $61.0M | $123.9M | $102.8M | $72.5M | $127.1M | $60.3M | $41.2M |
| Net debt | $928.8M | $840.9M | $901.7M | $572.7M | $594.2M | $735.3M | $770.8M | $788.3M | $884.0M | $871.8M |
| Debt / equity | 0.92 | 1.02 | 1.18 | 2.06 | 1.47 | 1.83 | 1.98 | 2.44 | 4.25 | 4.83 |
| Debt / assets | 0.37 | 0.41 | 0.45 | 0.50 | 0.45 | 0.51 | 0.54 | 0.58 | 0.63 | 0.65 |
| Net debt / EBITDA | 3.09 | 3.21 | 3.04 | 2.04 | 4.24 | 9.35 | 3.69 | 4.88 | 5.48 | 8.48 |
| Current ratio | 0.94 | 0.93 | 1.05 | 0.46 | 0.61 | 0.44 | 0.61 | 0.78 | 0.66 | 0.54 |
| Quick ratio | 0.79 | 0.80 | 0.92 | 0.33 | 0.52 | 0.37 | 0.52 | 0.72 | 0.59 | 0.48 |
| Interest coverage | 3.6 | 2.4 | 2.8 | 3.3 | -1.5 | -0.1 | 2.3 | 1.7 | 2.2 | 1.7 |
| Working capital | −$33.6M | −$35.8M | $23.6M | −$116.1M | −$99.8M | −$199.0M | −$101.0M | −$55.4M | −$74.2M | −$87.9M |
| Invested capital | $2.26B | $1.96B | $1.95B | $880.8M | $1.08B | $1.19B | $1.20B | $1.16B | $1.11B | $1.06B |
| Tangible asset value | $1.21B | $1.11B | $1.05B | $304.3M | $481.3M | $449.8M | $416.3M | $363.1M | $210.5M | $177.0M |
| Net current asset value | −$1.41B | −$1.20B | −$1.20B | −$861.9M | −$956.8M | −$1.03B | −$987.7M | −$1.01B | −$1.13B | −$1.10B |
| Graham number | $37.08 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$37.54 | — | — | — | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Share buybacks (net) | — | — | — | $455,000 | $1.5M | $586,000 | $1.9M | $17.5M | $1.0M | $1.4M |
| Dividends + buybacks / free cash flow | — | — | — | — | 1.3% | 0.4% | 7.1% | — | — | — |
| Capex / revenue | 24.5% | 17.6% | 27.4% | 15.0% | 3.4% | 4.9% | 17.3% | 17.3% | 13.1% | 83.4% |
| Capex / operating cash flow | 127.5% | 114.8% | 119.0% | 105.2% | 12.9% | 15.3% | 82.6% | 99.2% | 113.1% | 469.0% |
| Capex / depreciation | 3.25 | 2.22 | 2.46 | 1.33 | 0.21 | 0.32 | 1.61 | 1.81 | 1.38 | 10.65 |
| Stock-based compensation / revenue | 1.2% | 0.1% | 0.1% | — | — | — | — | — | — | — |
| Efficiency | ||||||||||
| Days sales outstanding | 17.2 | 10.4 | 4.7 | 1.0 | 6.1 | 12.3 | 9.4 | 6.2 | 5.1 | 26.9 |
| Days of inventory on hand | 22.8 | 20.1 | 14.2 | 9.5 | 17.1 | 16.3 | 12.5 | 10.4 | 9.9 | 24.5 |
| Days payables outstanding | 27.6 | 15.5 | 17.5 | 22.3 | 41.4 | 37.9 | 35.1 | 33.5 | 35.4 | 28.3 |
| Cash conversion cycle (days) | 12.4 | 15.1 | 1.3 | -11.9 | -18.2 | -9.3 | -13.2 | -16.9 | -20.3 | 23.1 |
| Receivables turnover | 21.22 | 34.93 | 78.35 | 371.50 | 59.67 | 29.63 | 38.71 | 58.90 | 70.92 | 13.56 |
| Payables turnover | 13.22 | 23.60 | 20.80 | 16.34 | 8.81 | 9.63 | 10.40 | 10.91 | 10.32 | 12.91 |
| Inventory turnover | 15.98 | 18.15 | 25.74 | 38.60 | 21.31 | 22.41 | 29.31 | 35.11 | 36.99 | 14.92 |
| Asset turnover | 0.55 | 0.54 | 0.71 | 0.92 | 0.31 | 0.34 | 0.46 | 0.44 | 0.45 | 0.23 |
| Average receivables | $79.0M | $42.2M | $18.2M | $3.6M | $8.4M | $18.4M | $18.7M | $11.6M | $9.1M | $43.3M |
| Average payables | $91.5M | $47.0M | $53.1M | $60.4M | $57.4M | $51.6M | $52.1M | $49.5M | $48.8M | $37.9M |
| Average inventory | $75.8M | $61.1M | $43.0M | $25.6M | $23.7M | $22.2M | $18.5M | $15.4M | $13.6M | $32.8M |
| Intangibles / total assets | 3.7% | 0.1% | 0.0% | 0.3% | 0.4% | 0.5% | 0.6% | 0.7% | 0.8% | 0.9% |
Computed from RJET's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
RJET valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Republic Airways traded at 9.8 times earnings. Based on the latest twelve months, the trailing P/E is 10.6. Republic Airways earned a return on equity of 6.2% and a return on invested capital of 6.9% in fiscal 2025. It ended the year with $1.2 billion of debt and $296.5 million in cash and short-term investments, net debt of $928.8 million.
See the RJET income statement, the RJET chart for price history, or the RJET stock overview for the latest quote and news.
RJET key metrics FAQ
What is Republic Airways's P/E ratio?
Republic Airways's trailing P/E ratio is 10.6 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 9.8.
What is Republic Airways's EV/EBITDA?
Republic Airways's enterprise value was 5.6 times EBITDA at the end of fiscal 2025 (enterprise value $1.7 billion, EBITDA $300.3 million); the current EV/EBITDA is 10.4.
What is Republic Airways's return on equity?
Republic Airways's return on equity (ROE) was 6.2% in fiscal 2025: net income of $76.2 million on average shareholders' equity of $1.2 billion.
What is Republic Airways's ROIC?
Republic Airways's return on invested capital was 6.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Republic Airways have?
Republic Airways had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.92 and $928.8 million of net debt (3.09 times EBITDA).
What is Republic Airways's free cash flow yield?
Republic Airways generated -$88.7 million of free cash flow in fiscal 2025, a free cash flow yield of −11.9% on its market value at year-end ($747.7 million).
What is Republic Airways's current ratio?
Republic Airways's current ratio was 0.94 at the end of fiscal 2025: current assets were 0.94 times current liabilities.