Flyexclusive Inc. (FLYX) intrinsic value & 10-year financials
Flyexclusive Inc. (FLYX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue grew 5.5% a year to $375.9M, with an average return on invested capital of 6.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.12
- Market cap
- $30.5M
- Revenue (FY2025)
- $375.9M
- Revenue growth (5-yr CAGR)
- 5.5%
- ROIC (10-yr avg)
- 6.5%
- Free cash flow (FY2025)
- -$24.3M
FLYX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $375.9M | -$17.6M | -$1.01 | -$24.3M | -12.6% | 90.7% |
| FY2024 | $327.3M | -$21.1M | -$1.07 | -$67.6M | -25.3% | -45.5% |
| FY2023 | $315.4M | -$46.8M | — | -$75.0M | -16.2% | -18.0% |
| FY2022 | $320.0M | $3.7M | — | -$147.4M | -1.3% | -1.3% |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FLYEXCLUSIVE INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
FLYEXCLUSIVE INC. has historically struggled to out-earn its cost of capital, averaging just 6.5% ROIC.
FLYEXCLUSIVE INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, FLYEXCLUSIVE INC. is modeled at 5.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-17.01 per share.