Mesa Air Group, Inc. MESA NASDAQ

NASDAQ Global Select • Industrials • Airlines, Airports & Air Services • US • USD

SharesGrow Score

17/100

0/6 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Mesa Air Group, Inc. (MESA) generated $-2.83M in operating cash flow for quarter ending 2025-09-30. After capital expenditures of $1.68M, free cash flow was $-4.5M.

Free cash flow margin was -5% of revenue. Cash conversion ratio was 0.2x, suggesting some earnings are non-cash.

Criteria supported by this page:

HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (58/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
INCOME (10/100) — Cash conversion ratio was 0.2x suggests some earnings are non-cash items

Overall SharesGrow Score: 17/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

17/100

SG Score

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VALUE

N/A

No coverage

✗

FUTURE

20/100

Analyst consensus

→ Forecast

✗

PAST

0/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

58/100

Proven by this page

✗

GROWTH

15/100

→ Income

✗

INCOME

10/100

→ Income

Mesa Air Group, Inc. Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$-46.17M	$-2.83M	$-9.4M	$-22.39M	$-11.56M
Capital Expenditure	$-7.09M	$-1.68M	$-1.1M	$-2.24M	$-2.07M
Free Cash Flow	$-53.26M	$-4.5M	$-10.5M	$-24.63M	$-13.63M