Air T IncAir T Inc
Air T Inc

Air T Inc

AIRT
Industrials·Air Freight & Logistics

Air T, Inc. is a holding company, which engages in the provision of overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other industrial equipment, and provides ground support equipment and facilities maintenance to airlines. It operates through the following segments: Overnight Air Cargo, Ground Equipment Sales, Ground Support Services, Printing Equipment & Maintenance, Commercial Aircrafts Engines & Parts, Printing Equipment & Maintenance and Corporate & Other. The Overnight Air Cargo segment operates in the air express delivery services industry. The Ground Equipment Sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The Ground Support Services segment offers ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. The Commercial Aircrafts, Engines & Parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly, part-out services, and commercial aircraft parts sales. The Printing Equipment & Maintenance segment designs, manufactures, and sells advanced digital print production equipment and provides maintenance services to commercial customers. The Corporate & Other segment acts as the capital allocator and resource for other segments. The company was founded on November 17, 1980 and is headquartered in Charlotte, NC.

North Carolina; U.S.A
Market cap
$82.7MNo data
Revenue
$327.1M+12.1% YoY
Net income
No dataNo data
Free cash flow
$-41.5M−285.3% YoY

Market

Listed stock
AIRTPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$327.1M+12.1% YoY
Operating income
$-11.2M−686.8% YoY
Net income
No dataNo data
Free cash flow
$-41.5M−285.3% YoY

Revenue, profit & cash trend

Revenue
Operating income
Free cash flow
Reference
Revenue: 2022 $177.1M, 2023 $247.3M, 2024 $286.8M, 2025 $291.9M, 2026 $327.1M. Operating income: 2022 $8.8M, 2023 $-4.4M, 2024 $1.3M, 2025 $1.9M, 2026 $-11.2M. Free cash flow: 2022 $-34.6M, 2023 $15.7M, 2024 $16.1M, 2025 $22.4M, 2026 $-41.5M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
No dataNo data
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Free cash flow
Operating income: 2022-03-31 $8.8M, 2023-03-31 $-4.4M, 2024-03-31 $1.3M, 2025-03-31 $1.9M, 2026-03-31 $-11.2M. Free cash flow: 2022-03-31 $-34.6M, 2023-03-31 $15.7M, 2024-03-31 $16.1M, 2025-03-31 $22.4M, 2026-03-31 $-41.5M

Growth heatmap

2023202420252026CAGR
Revenue
+39.7%
+16.0%
+1.7%
+12.1%
+16.6%
Gross profit
+40.3%
+16.0%
-100.4%
-54.7%
No data
Operating income
-150.3%
+128.7%
+50.9%
-686.8%
No data
Free cash flow
+145.4%
+2.4%
+39.2%
-285.3%
No data

Earnings quality

Operating cash flow
$-25M−206.6% YoY
Net income
No dataNo data
Free cash flow
$-41.5M−285.3% YoY
Diluted EPS
No dataNo data

Cash conversion quality

No data

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
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Return on invested capital
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Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
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No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
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No data
Free cash flow yield
No data
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No data
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