MESA - NASDAQ

Mesa Air Group, Inc.

MESA·NASDAQ

$1.57

-6.0%

IndustrialsAirlines, Airports & Air Services

Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. It also engages in leasing aircrafts to third parties. As of September 30, 2021, the company operated a fleet of 167 aircraft, which include 153 owned aircrafts and 14 leased aircrafts with approximately 507 daily departures to 129 cities in the United States and Mexico. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$65.75M

EPS-2.2100

P/E Ratio-0.71

Earnings Date12/23/2025

596.86M

Assets

-34%

3Y-59.0%

5Y-59.0%

10Y-38.0%

486.62M

Total Liabilities

-30%

3Y-50.0%

5Y-53.0%

10Y-43.0%

110.24M

Total Equity

-45%

3Y-77.0%

5Y-74.0%

10Y+1.0%

Mesa Air Group, Inc. Funding & Solvency Profile

MESA · NASDAQ

Current Assets

Cash & Cash Equivalents15.62M

Net Receivables5.26M

Inventory28.27M

Other Current Assets9.35M

Total Current Assets61 M

Non-Current Assets

Property, Plant & Equipment434.87M

Goodwill & Intangible Assets0.00

Long-Term Investments300.00K

Other Non-Current Assets100.41M

Total Non-Current Assets536 M

Total Assets

596.86M

Financial Health Analysis

Current Ratio

0.35x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

4.41x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-113181000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Mesa Air Group, Inc. Balance Sheet

MESA • NASDAQ

Mesa Air Group, Inc. Balance Sheet	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2008	Sep 2007	Sep 2006	Sep 2005	Sep 2004	Sep 2003	Sep 2002	Sep 2001	Sep 2000	Sep 1999	Sep 1998
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	15.6M	32.9M	57.7M	120.5M	99.4M	68.9M	103.3M	56.8M	37.7M	50.8M	72.4M	35.6M	143.4M	220.9M	152.5M	45.9M	74.5M	26.4M	52.9M	35.7M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	19.9M	0.0	0.0	224K	124M	186.8M	128.2M	8.3M	13.6M	8.5M	8.8M	7.7M	3.3M	0.0
Cash & Short-Term Investments	15.6M	32.9M	57.7M	120.5M	99.4M	68.9M	123.2M	56.8M	37.7M	51M	196.4M	222.3M	271.6M	229.1M	166.1M	54.4M	83.3M	34.1M	56.2M	35.7M
Net Receivables	5.3M	8.3M	4M	3.2M	13.7M	23.1M	14.3M	8.9M	9.3M	33.2M	50.2M	42.4M	29.7M	32.2M	25.5M	29.1M	29.4M	41.2M	30.9M	38.2M
Accounts Receivables	5.3M	8.3M	4M	3.2M	13.7M	23.1M	14.3M	8.9M	9.3M	32.4M	49.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	734K	0.0	42.4M	29.7M	32.2M	25.5M	29.1M	29.4M	41.2M	30.9M	38.2M
Inventory	28.3M	29.2M	26.7M	24.5M	23M	21.3M	15.7M	15.1M	12.2M	31.1M	35.9M	30.2M	36.3M	34.8M	25M	21.2M	31.4M	27.7M	24.7M	30.7M
Prepaids	2.8M	4.5M	5.2M	5.8M	2.4M	35.8M	30.3M	53.6M	32.8M	162.7M	150M	139.5M	98.3M	43.9M	28.2M	25.7M	16.4M	9.1M	12.7M	6.8M
Other Current Assets	9.3M	63.6M	4.8M	4.4M	17.1M	8.8M	14.5M	11.4M	13.2M	57.1M	99.7M	61.4M	17.1M	18.3M	28.4M	40.8M	80.4M	39.7M	77.4M	987K
Total Current Assets	61.3M	138.6M	98.3M	158.4M	155.6M	157.8M	197.9M	145.8M	105.2M	335M	532.2M	458.8M	452.9M	358.4M	273.3M	171.2M	241M	152.3M	201.9M	102.2M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	434.9M	709.4M	914.4M	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	577.2M	627.1M	634.2M	642.9M	697.4M	398.2M	127.5M	122.4M	188M	160.5M	336.2M
Intangible Assets	0.0	0.0	3.8M	6.8M	8M	9.5M	11.3M	11.7M	12.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	10M	10.9M	20.6M
Goodwill & Intangible Assets	0.0	0.0	3.8M	6.8M	8M	9.5M	11.3M	11.7M	12.1M	-6.4M	-46.1M	-4.1M	0.0	0.0	0.0	0.0	0.0	10M	10.9M	20.6M
Long-Term Investments	300K	20.3M	15.2M	25.1M	0.0	0.0	0.0	0.0	0.0	13.7M	16.4M	12.5M	0.0	2.5M	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5.3M	1.7M	29.3M	23.6M	4.8M	0.0	0.0
Other Non-Current Assets	100.4M	30.2M	83.8M	14.5M	742K	8.8M	9.7M	5.7M	8.4M	33.3M	50.5M	95.7M	71.8M	57.9M	39.3M	24.4M	109.6M	32M	30.5M	15.2M
Total Non-Current Assets	535.6M	759.9M	1B	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	624.2M	694M	742.3M	714.8M	763.1M	439.2M	181.1M	255.6M	234.9M	201.8M	372M
Total Assets	596.9M	898.5M	1.1B	1.5B	1.5B	1.5B	1.5B	1.4B	1.3B	959.2M	1.2B	1.2B	1.2B	1.1B	474.2M	352.3M	424M	384.9M	403.8M	471M
LIABILITIES
CURRENT LIABILITIES
Total Payables	76.7M	64.2M	65.3M	70.3M	64.6M	59.1M	61.3M	51.2M	58.7M	28.9M	62.2M	56M	55.5M	47.3M	39.3M	24.4M	45.2M	18.5M	22.5M	17.8M
Accounts Payable	72.1M	59M	59.4M	61.5M	53.2M	49.9M	54.3M	44.7M	53M	28.9M	61M	55M	52.6M	46.8M	39.3M	24.4M	45.2M	18.5M	22.5M	17.8M
Other Payables	4.7M	5.3M	5.9M	8.8M	11.4M	9.2M	7M	6.5M	5.8M	0.0	1.2M	1M	2.9M	456K	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	19.2M	13.5M	16.6M	14.6M	16.8M	12.1M	17.2M	14.8M	11.9M	58M	151.2M	44.9M	34.3M	42.2M	44M	49.8M	35.5M	18.3M	23M	55.5M
Short Term Debt	50.5M	163.6M	97.2M	111.7M	189.3M	165.9M	155.2M	140.5M	109.9M	145.9M	74.4M	148.9M	82.4M	252.8M	250.1M	19M	72.9M	45.1M	121.3M	35.7M
Capital Lease Obligations (Current)	1.7M	3.5M	17.3M	36M	43.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	5.3M	5.9M	8.8M	11.4M	9.2M	7M	6.5M	5.8M	0.0	1.2M	1M	2.9M	456K	896K	510K	0.0	0.0	0.0	0.0
Deferred Revenue	5.1M	4.9M	385K	6.3M	9.4M	1.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	21.3M	18.2M	17.7M	19.3M	29.3M	18.1M	17.7M	11.7M	11.3M	39.6M	51.5M	58.5M	44.6M	2.6M	-2.8M	3.9M	3.5M	10.1M	2.1M	4.8M
Total Current Liabilities	174.5M	267.9M	214.5M	258.2M	353.3M	256.7M	251.4M	218.2M	191.8M	272.4M	339.3M	263.1M	216.8M	344.8M	96.2M	97.2M	157.1M	93.2M	168.9M	98.8M
NON-CURRENT LIABILITIES
Long Term Debt	259.8M	364.7M	502.5M	539.7M	542.5M	677.4M	760.2M	803.9M	803.1M	420.9M	561.9M	500.4M	636.6M	550.6M	199M	110.2M	118.5M	136.1M	114.2M	245.1M
Deferred Revenue (Non-Current)	5.7M	16.2M	23.7M	28.2M	14.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	8.2M	8.4M	17.7M	69.9M	64.3M	55.3M	39.8M	56.4M	35.9M	15.7M	42.3M	44.5M	25.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	30.5M	32.1M	31.3M	32.2M	7.1M	36.6M	46.6M	56.9M	63.2M	140.5M	137.6M	120.9M	111.9M	97.2M	70.8M	54.9M	118.3M	14.2M	24.2M	16.8M
Total Non-Current Liabilities	312.2M	430.5M	593M	710.4M	690.7M	769.3M	846.5M	917.2M	902.2M	577.1M	741.9M	710.9M	774.2M	647.8M	261M	165.1M	163.7M	147.2M	138.4M	251.1M
Capital Lease Obligations	8.5M	12.7M	34M	66.6M	106.5M	8.5M	9.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	486.6M	698.4M	807.4M	968.6M	1B	1B	1.1B	1.1B	1.1B	849.5M	1.1B	974M	991M	992.6M	357.2M	262.3M	320.9M	240.4M	307.3M	349.9M
SHAREHOLDERS' EQUITY
Common Stock	272.4M	271.2M	259.2M	256.4M	242.8M	238.5M	234.7M	114.5M	114.2M	0.0	0.0	149.7M	97.9M	108.2M	114.6M	114.7M	119.4M	112.8M	123.5M	122.2M
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	238.5M	234.7M	114.5M	114.2M	105.9M	112.2M	149.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Retained Earnings	-162.1M	-71.1M	49M	231.7M	215.1M	187.4M	139.8M	107.8M	74.9M	3.8M	32.9M	114.5M	80.5M	23.7M	-2.6M	-25.6M	-16.3M	31.8M	-27.1M	-13.5M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.8M	-2.9M	0.0	0.0	0.0	0.0	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	-238.5M	-234.7M	-114.5M	-114.2M	0.0	0.0	-149.7M	0.0	0.0	0.0	-2.3M	-384K	-235K	0.0	0.0
Total Stockholders' Equity	110.2M	200M	308.2M	488M	457.9M	425.9M	374.5M	222.2M	189.2M	109.7M	145.1M	264.2M	176.7M	128.9M	117M	89.1M	103.1M	144.6M	96.4M	121.1M
Total Equity	110.2M	200M	308.2M	488M	457.9M	425.9M	374.5M	222.2M	189.2M	109.7M	145.1M	264.2M	176.7M	128.9M	117M	90.1M	103.1M	144.6M	96.4M	121.1M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	967K	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	596.9M	898.5M	1.1B	1.5B	1.5B	1.5B	1.5B	1.4B	1.3B	959.2M	1.2B	1.2B	1.2B	1.1B	474.2M	352.3M	424M	384.9M	403.8M	471M
Total Investments	300K	20.3M	15.2M	25.1M	0.0	0.0	19.9M	0.0	0.0	13.9M	140.4M	199.3M	128.2M	10.7M	13.6M	8.5M	8.8M	7.7M	3.3M	0.0
Total Debt	319.9M	540.9M	634.8M	727.7M	838.2M	843.3M	915.3M	944.3M	913M	566.7M	636.3M	649.3M	719M	803.4M	449.2M	129.2M	191.4M	181.3M	235.5M	280.8M
Net Debt	304.2M	508M	577.2M	607.2M	738.8M	774.5M	812M	887.6M	875.3M	516M	564M	613.7M	575.5M	582.5M	296.6M	83.4M	116.9M	154.9M	182.6M	245.1M
Shares Outstanding	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000	41,867,000

SEC Filings

MESA - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2025 N/A	November 18, 2025	November 17, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 31, 2025	October 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 30, 2025	October 28, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 03, 2025	October 01, 2025	2025	View Filing
S-4/A S-4/A (Amended) N/A	September 29, 2025	September 29, 2025		View Filing
8-K 8-K 2025 N/A	September 29, 2025	September 24, 2025	2025	View Filing
S-4/A S-4/A (Amended) N/A	September 12, 2025	September 12, 2025		View Filing
S-4/A S-4/A (Amended) N/A	August 14, 2025	August 14, 2025		View Filing
8-K 8-K 2025 N/A	August 13, 2025	August 13, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 13, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 359 filings

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