Harbor Diversified (OTCMKTS:HRBR) vs. Mesa Air Group (NASDAQ:MESA) Critical Analysis

Earnings & Valuation

This table compares Harbor Diversified and Mesa Air Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Harbor Diversified	$199.21 million	0.27	-$15.98 million	($0.39)	-2.56
Mesa Air Group	$498.07 million	0.08	-$120.12 million	($2.30)	-0.41

Harbor Diversified has higher earnings, but lower revenue than Mesa Air Group. Harbor Diversified is trading at a lower price-to-earnings ratio than Mesa Air Group, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Harbor Diversified and Mesa Air Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Harbor Diversified	N/A	N/A	N/A
Mesa Air Group	-19.86%	-32.45%	-6.74%

Institutional & Insider Ownership

0.0% of Harbor Diversified shares are owned by institutional investors. Comparatively, 13.3% of Mesa Air Group shares are owned by institutional investors. 1.0% of Harbor Diversified shares are owned by insiders. Comparatively, 4.6% of Mesa Air Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Volatility and Risk

Harbor Diversified has a beta of 1.97, suggesting that its stock price is 97% more volatile than the S&P 500. Comparatively, Mesa Air Group has a beta of 3.12, suggesting that its stock price is 212% more volatile than the S&P 500.

Summary

Harbor Diversified beats Mesa Air Group on 6 of the 11 factors compared between the two stocks.

About Harbor Diversified

Harbor Diversified, Inc., together with its subsidiaries, provides air transportation services in the United States. It also leases and finances flight equipment. As of December 31, 2022, it owned and operated a fleet of 64 regional jets. The company was formerly known as Harbor BioSciences, Inc. and changed its name to Harbor Diversified, Inc. in February 2012. Harbor Diversified, Inc. was incorporated in 1992 and is headquartered in Appleton, Wisconsin.

About Mesa Air Group

Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier scheduled passenger services. The company offers scheduled flight and cargo services. As of September 30, 2023, it operated a fleet of 80 aircraft with approximately 296 daily departures to 86 cities in the United States and Mexico. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona.