Republic Airways Holdings Inc (RJET) - Net Assets
Based on the latest financial reports, Republic Airways Holdings Inc (RJET) has net assets worth $1.35 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.27 Billion) and total liabilities ($1.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Republic Airways Holdings Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.35 Billion |
| % of Total Assets | 41.4% |
| Annual Growth Rate | 11.24% |
| 5-Year Change | 172.21% |
| 10-Year Change | 602.35% |
| Growth Volatility | 572.31 |
Republic Airways Holdings Inc - Net Assets Trend (2001–2025)
This chart illustrates how Republic Airways Holdings Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Republic Airways Holdings Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Republic Airways Holdings Inc (2001–2025)
The table below shows the annual net assets of Republic Airways Holdings Inc from 2001 to 2025. For live valuation and market cap data, see Republic Airways Holdings Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.33 Billion | +19.01% |
| 2024-12-31 | $1.12 Billion | +6.24% |
| 2023-12-31 | $1.05 Billion | +240.94% |
| 2022-12-31 | $308.17 Million | -36.86% |
| 2021-12-31 | $488.05 Million | +6.59% |
| 2020-12-31 | $457.86 Million | +7.51% |
| 2019-12-31 | $425.87 Million | +13.73% |
| 2018-12-31 | $374.47 Million | +68.51% |
| 2017-12-31 | $222.22 Million | +17.48% |
| 2016-12-31 | $189.15 Million | -68.48% |
| 2015-12-31 | $600.10 Million | -3.29% |
| 2014-12-31 | $620.50 Million | +12.67% |
| 2013-12-31 | $550.70 Million | +7.24% |
| 2012-12-31 | $513.50 Million | +11.51% |
| 2011-12-31 | $460.50 Million | +116.05% |
| 2010-12-31 | $-2.87 Billion | -2717.24% |
| 2008-12-31 | $109.66 Million | -24.43% |
| 2007-12-31 | $145.10 Million | -45.08% |
| 2006-12-31 | $264.21 Million | +49.55% |
| 2005-12-31 | $176.67 Million | +37.06% |
| 2004-12-31 | $128.90 Million | +10.20% |
| 2003-12-31 | $116.97 Million | +29.87% |
| 2002-12-31 | $90.07 Million | -12.66% |
| 2001-12-31 | $103.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Republic Airways Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 72476100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $708.50 Million | 53.33% |
| Other Components | $620.00 Million | 46.67% |
| Total Equity | $1.33 Billion | 100.00% |
Republic Airways Holdings Inc Competitors by Market Cap
The table below lists competitors of Republic Airways Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cera Sanitaryware Limited
NSE:CERA
|
$865.60 Million |
|
Wuhan Zhongyuan Huadian Sci Tech
SHE:300018
|
$865.73 Million |
|
Destiny Tech100 Inc.
NYSE:DXYZ
|
$866.14 Million |
|
Guangdong Banbao Toy Co Ltd
SHG:603398
|
$866.17 Million |
|
JOST Werke AG
XETRA:JST
|
$865.39 Million |
|
SG Fleet Group Ltd
AU:SGF
|
$865.28 Million |
|
Kopin Corporation
NASDAQ:KOPN
|
$865.19 Million |
|
Nanfang Ventilator Co Ltd
SHE:300004
|
$864.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Republic Airways Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,116,300,000 to 1,328,500,000, a change of 212,200,000 (19.0%).
- Net income of 76,200,000 contributed positively to equity growth.
- Other factors increased equity by 136,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $76.20 Million | +5.74% |
| Other Changes | $136.00 Million | +10.24% |
| Total Change | $- | 19.01% |
Book Value vs Market Value Analysis
This analysis compares Republic Airways Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.38x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $48.24 | $18.48 | x |
| 2002-12-31 | $40.74 | $18.48 | x |
| 2003-12-31 | $50.13 | $18.48 | x |
| 2004-12-31 | $45.12 | $18.48 | x |
| 2005-12-31 | $56.92 | $18.48 | x |
| 2006-12-31 | $87.36 | $18.48 | x |
| 2007-12-31 | $70.23 | $18.48 | x |
| 2008-12-31 | $60.60 | $18.48 | x |
| 2010-12-31 | $-79.77 | $18.48 | x |
| 2011-12-31 | $9.49 | $18.48 | x |
| 2012-12-31 | $9.99 | $18.48 | x |
| 2013-12-31 | $236.63 | $18.48 | x |
| 2014-12-31 | $266.62 | $18.48 | x |
| 2015-12-31 | $257.86 | $18.48 | x |
| 2016-12-31 | $81.28 | $18.48 | x |
| 2017-12-31 | $95.49 | $18.48 | x |
| 2018-12-31 | $223.15 | $18.48 | x |
| 2019-12-31 | $182.18 | $18.48 | x |
| 2020-12-31 | $194.51 | $18.48 | x |
| 2021-12-31 | $188.47 | $18.48 | x |
| 2022-12-31 | $121.15 | $18.48 | x |
| 2023-12-31 | $384.36 | $18.48 | x |
| 2024-12-31 | $403.41 | $18.48 | x |
| 2025-12-31 | $32.64 | $18.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Republic Airways Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.55%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.47x
- Recent ROE (5.74%) is above the historical average (1.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -46.62% | -9.19% | 1.31x | 3.88x | $-58.39 Million |
| 2002 | -10.45% | -1.87% | 1.54x | 3.63x | $-18.22 Million |
| 2003 | 23.90% | 4.66% | 1.27x | 4.04x | $16.26 Million |
| 2004 | 20.39% | 2.93% | 0.80x | 8.66x | $13.39 Million |
| 2005 | 32.19% | 5.00% | 0.97x | 6.61x | $39.20 Million |
| 2006 | 12.86% | 2.64% | 1.04x | 4.69x | $7.55 Million |
| 2007 | -56.21% | -6.28% | 1.06x | 8.45x | $-96.07 Million |
| 2008 | -26.59% | -2.20% | 1.38x | 8.75x | $-40.13 Million |
| 2010 | 0.00% | -0.52% | 3.05x | 0.00x | $273.15 Million |
| 2011 | -32.96% | -5.30% | 0.73x | 8.47x | $-197.85 Million |
| 2012 | 9.99% | 1.83% | 0.77x | 7.12x | $-50.00K |
| 2013 | 7.56% | 10.03% | 0.13x | 5.94x | $-13.44 Million |
| 2014 | 3.02% | 4.30% | 0.12x | 5.63x | $-43.29 Million |
| 2015 | 6.50% | 7.71% | 0.14x | 6.02x | $-21.01 Million |
| 2016 | 7.89% | 2.54% | 0.42x | 7.39x | $-4.00 Million |
| 2017 | 14.77% | 5.10% | 0.43x | 6.71x | $10.61 Million |
| 2018 | 8.88% | 4.88% | 0.43x | 4.22x | $-4.19 Million |
| 2019 | 11.17% | 6.58% | 0.46x | 3.69x | $4.99 Million |
| 2020 | 6.00% | 5.04% | 0.33x | 3.59x | $-18.32 Million |
| 2021 | 3.40% | 3.29% | 0.31x | 3.29x | $-32.22 Million |
| 2022 | 22.00% | 5.11% | 1.05x | 4.12x | $36.98 Million |
| 2023 | 5.22% | 3.83% | 0.52x | 2.60x | $-50.27 Million |
| 2024 | 5.79% | 4.38% | 0.53x | 2.48x | $-47.03 Million |
| 2025 | 5.74% | 4.55% | 0.51x | 2.47x | $-56.65 Million |
Industry Comparison
This section compares Republic Airways Holdings Inc's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $404,012,354
- Average return on equity (ROE) among peers: -269.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Republic Airways Holdings Inc (RJET) | $1.35 Billion | -46.62% | 1.42x | $865.41 Million |
| American Airlines Group (AAL) | $46.00 Million | -2669.57% | 636.61x | $9.91 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-899.91 Million | 0.00% | 0.00x | $235.19 Million |
| Allegiant Travel Company (ALGT) | $690.32 Million | 23.44% | 2.62x | $2.31 Billion |
| Alaska Air Group Inc (ALK) | $2.03 Billion | 25.04% | 1.88x | $4.35 Billion |
| Copa Holdings SA (CPA) | $115.58 Million | 41.95% | 4.12x | $4.33 Billion |
| Delta Air Lines Inc (DAL) | $-242.00 Million | 0.00% | 0.00x | $48.18 Billion |
| flyExclusive, Inc. (FLYX) | $35.33 Million | -132.56% | 13.75x | $51.37 Million |
| flyExclusive, Inc. (FLYX) | $-11.67 Million | 0.00% | 0.00x | $112.53 Million |
| Gol Linhas Aéreas Inteligentes S.A (GOLLQ) | $-932.52 Million | 0.00% | 0.00x | $33.88 Million |
| JetBlue Airways Corp (JBLU) | $3.21 Billion | 21.09% | 1.70x | $1.85 Billion |
About Republic Airways Holdings Inc
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.