Air T IncAIRT

NasdaqIndustrialsAir Courier Services
Price (close)
$29.03
Market cap
$78.1M
P/E
1.2x
Revenue (TTM)
$371.7M
Net income
$63.8M
Dividend yield
—
1-year total return
22.4%
Net margin
17.2%
Revenue growth
25.4%
Debt / equity
3.78x

What Air T Inc does.

Air T, Inc. (the “Company,” “Air T,” “we” or “us” or “our”) is a holding company with a portfolio of operating businesses and financial assets. Our goal is to prudently and strategically grow Air T’s earnings power, compounding its free-cash-flow per share over time.

• Ground support equipment (formerly known as ground equipment sales), which manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers;

• Commercial aircraft, engines and parts (formerly known as commercial jet engines and parts), which manages and leases aviation assets; supplies surplus and aftermarket commercial jet engine components; provides commercial aircraft disassembly/part-out services; commercial aircraft parts sales; procurement services and overhaul and repair services to airlines;

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$175.1M$177.1M$247.3M$286.8M$291.9M$327.1M
Net income-$7.3M$10.9M-$12.3M-$6.8M-$6.1M$78.0M
Free cash flow-$5.7M-$34.6M$15.7M$16.1M$22.4M-$41.5M

More on AIRT.

Figures from Air T Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.