← REPUBLIC AIRWAYS HOLDINGS INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $587.8m | $643.6m | $681.6m | $723.4m | $545.1m | $503.6m | $531.0m | $498.1m | $476.4m | $1.3b | |
| Revenue Not from Contract with Customer, Other | — | — | — | — | — | — | — | — | — | $25.7m | |
| Cost Of Revenue | $531.1m | $543.3m | $555.3m | $551.7m | $412.7m | $390.5m | $477.4m | $447.8m | $428.3m | $1.2b | |
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $987.7m | $1.1b | $1.1b | $1.2b | |
| Gross Profit (derived) | $56.8m | $100.3m | $126.3m | $171.7m | $132.4m | $113.1m | $339.5m | $323.5m | $365.0m | $466.0m | |
| Operating expenses: | |||||||||||
| Other Operating Expenses | — | — | — | — | — | — | $207.2m | $187.9m | $224.8m | $250.6m | |
| Total operating expenses | $531.1m | $543.3m | $608.9m | $602.2m | $464.9m | $440.4m | $720.7m | $582.4m | $542.2m | $1.5b | |
| Operating Income (Loss) | $56.8m | $100.3m | $72.6m | $121.1m | $80.2m | $63.2m | ($189.7m) | ($84.3m) | ($65.8m) | $168.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | $400k | $1.8m | $1.5m | $1.2m | $1.0m | $100k | — | — | |
| Debt Securities, Gain (Loss) | — | — | — | — | — | — | — | — | — | $7.7m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | $13.7m | $5.4m | $8.0m | — | |
| Gain (Loss) on Investments | — | — | — | — | — | ($6.8m) | ($13.7m) | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | |
| Operating Lease, Lease Income | — | — | — | $219.0m | $208.9m | $170.2m | $158.4m | $144.7m | $123.0m | $304.4m | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | $8.0m | — | |
| Wages and benefits | — | — | — | — | — | — | — | $654.8m | $677.2m | $762.6m | |
| Aircraft and engine rent | $71.6m | $72.6m | $68.9m | $52.2m | $48.8m | $39.3m | $37.0m | $6.2m | $7.8m | $700k | |
| Maintenance and repair | $225.1m | $210.7m | $193.2m | $196.5m | $192.1m | $217.6m | $201.9m | $199.6m | $184.7m | $320.9m | |
| Depreciation and amortization | $46.0m | $61.0m | $65.0m | $78.0m | $82.3m | $82.8m | $81.5m | $60.4m | $40.0m | $126.3m | |
| Executive separation and Merger-related items (Note 4) | — | — | — | — | — | — | — | $300k | $3.2m | $47.1m | |
| Other | — | — | — | — | — | — | — | ($9.8m) | ($300k) | $1.3m | |
| Investment income and other, net | — | — | — | — | — | — | — | $1.8m | $7.6m | $5.7m | |
| Diluted EPS | — | — | — | — | — | — | $1.70 | $1.38 | $1.62 | $1.87 | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | — | $67.8m | $54.8m | $64.6m | $76.2m | |
| Gain On Sale Of Security | — | — | — | — | — | — | ($1.5m) | $1.8m | $7.6m | $5.7m | |
| Net Income From Continuing And Discontinued Operation | — | — | — | — | — | — | $67.8m | $54.8m | $64.6m | $76.2m | |
| Net Income From Continuing Operation Net Minority Interest | — | — | — | — | — | — | $67.8m | $54.8m | $64.6m | $76.2m | |
| Net Interest Income | — | — | — | — | — | — | ($40.6m) | ($49.1m) | ($57.7m) | ($60.6m) | |
| Normalized EBITDA | — | — | — | — | — | — | $282.0m | $295.0m | $257.2m | $341.7m | |
| Normalized Income | — | — | — | — | — | — | $68.9m | $53.9m | $61.3m | $104.0m | |
| Reconciled Depreciation | — | — | — | — | — | — | $149.7m | $159.4m | $117.0m | $126.3m | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | — | — | $300k | $3.2m | $47.1m | |
| Special Income Charges | — | — | — | — | — | — | — | ($300k) | ($3.2m) | ($47.1m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($373k) | $566k | $1.1m | ($13.6m) | |
| Tax Provision | — | — | — | — | — | — | $22.4m | $33.2m | $22.3m | $37.2m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $24.8m | $53.7m | $15.8m | $63.3m | $37.0m | $22.4m | ($234.7m) | ($128.9m) | ($90.5m) | $113.4m | |
| Investment Income, Net | — | — | — | — | — | — | — | — | — | $5.7m | |
| Total Unusual Items | — | — | — | — | — | — | ($1.5m) | $1.5m | $4.4m | ($41.4m) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | — | ($1.5m) | $1.5m | $4.4m | ($41.4m) | |
| INCOME BEFORE INCOME TAXES | $24.8m | $53.7m | $15.8m | $63.3m | $37.0m | $22.4m | ($234.7m) | ($128.9m) | ($90.5m) | $113.4m | |
| Pre-Tax Income | — | — | — | — | — | — | $90.2m | $88.0m | $86.9m | $113.4m | |
| Net Income Continuous Operations | — | — | — | — | — | — | $67.8m | $54.8m | $64.6m | $76.2m | |
| Net Income (Loss) Attributable to Parent | $14.9m | $32.8m | $33.3m | $47.6m | $27.5m | $16.6m | ($182.7m) | ($120.1m) | ($91.0m) | $76.2m | |
| Net Income Including Noncontrolling Interests | — | — | — | — | — | — | $67.8m | $54.8m | $64.6m | $76.2m | |
| Earnings Per Share, Basic | $1.56 | $3.01 | $2.46 | $1.37 | $0.78 | $0.46 | ($5.06) | ($3.04) | ($2.21) | $1.90 | |
| Earnings Per Share, Diluted | $0.62 | $1.40 | $1.32 | $1.36 | $0.78 | $0.43 | ($5.06) | ($3.04) | ($2.21) | $1.87 | |
| Weighted Average Number of Shares Outstanding, Basic | 9.6m | 10.9m | 13.5m | 34.8m | 35.2m | 35.7m | 36.1m | 39.5m | 41.1m | 40.0m | |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares) | 9.6m | 10.9m | 13.5m | 34.8m | 35.2m | 35.7m | 36.1m | 39.5m | 41.1m | 40.0m | |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares) | 24.1m | 23.4m | 25.2m | 35.1m | 35.3m | 38.8m | 36.1m | 39.5m | 41.1m | 40.7m | |
| Basic Average Shares | — | — | — | — | — | — | $39.1m | $39.1m | $39.1m | $40.0m | |
| Diluted Average Shares | — | — | — | — | — | — | $39.8m | $39.7m | $39.8m | $40.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 24.1m | 23.4m | 25.2m | 35.1m | 35.3m | 38.8m | 36.1m | 39.5m | 41.1m | 40.7m | |
| General and Administrative Expense | — | — | $53.6m | $50.5m | $52.2m | $49.9m | $44.0m | $48.8m | $44.2m | — | |
| Labor and Related Expense | — | — | — | — | — | — | — | — | — | $762.6m | |
| Other Nonoperating Income (Expense) | — | — | ($66k) | ($19k) | $843k | $401k | ($801k) | ($148k) | ($1.6m) | — | |
| Fuel Costs | — | — | $498k | $588k | $672k | $898k | — | — | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | $40.6m | $49.1m | $38.5m | $60.6m | |
| Interest Expense | ($32.6m) | ($46.1m) | $56.9m | $55.7m | $44.1m | $34.7m | $35.3m | $49.9m | ($38.5m) | ($60.6m) | |
| Current Income Tax Expense (Benefit) | — | — | $465k | $203k | $297k | $163k | $231k | $560k | $761k | — | |
| INCOME TAX EXPENSE | $9.9m | $20.9m | ($17.4m) | $15.7m | $9.5m | $5.8m | ($52.0m) | ($8.7m) | $519k | $37.2m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($40.6m) | ($49.1m) | ($57.7m) | ($60.6m) | |
| Operating Expense | — | — | — | — | — | — | $207.2m | $187.9m | $224.8m | $250.6m | |
| Other Income Expense | — | — | — | — | — | — | ($1.5m) | $1.5m | $4.4m | ($41.4m) | |
| Rent Expense Supplemental | — | — | — | — | — | — | $8.1m | $6.1m | $3.6m | $700k | |
| Other Operating Income (Expense), Net | $56.8m | $100.3m | $72.6m | $121.1m | $80.2m | $63.2m | ($7.2m) | ($3.5m) | ($6.6m) | $168.3m | |
| Total other expense, net | ($31.9m) | ($46.6m) | ($56.8m) | ($57.9m) | ($43.2m) | ($40.8m) | ($44.9m) | ($44.5m) | ($24.7m) | ($54.9m) | |
| Income Tax Expense (Benefit) | $9.9m | $20.9m | ($17.4m) | $15.7m | $9.5m | $5.8m | ($52.0m) | ($8.7m) | $519k | $37.2m | |
| Total Expenses | — | — | — | — | — | — | $1.2b | $1.3b | $1.3b | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.