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Air T Inc

Industrials US AIRT

21.482USD
-1.0181(4.52%)

Last update at 2026-06-05T20:00:00Z

Day Range

21.4822.25
LowHigh

52 Week Range

15.0426.70
LowHigh

Fundamentals

  • Previous Close 22.50
  • Market Cap58.65M
  • Volume1191
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-2.90600M
  • Revenue TTM272.47M
  • Revenue Per Share TTM100.50
  • Gross Profit TTM 63.30M
  • Diluted EPS TTM-2.45

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -4.98800M -3.95500M -11.35300M 13.40M -11.78100M
Minority interest -0.72900M -2.13500M 0.51M -1.29900M 7.59M
Net income -6.14000M -6.81900M -11.78500M 10.93M -8.39400M
Selling general administrative 57.85M 51.11M 45.38M 29.82M 34.26M
Selling and marketing expenses - - - - -
Gross profit 60.19M 52.38M 48.83M 39.38M 31.67M
Reconciled depreciation 4.36M 2.80M 4.16M 1.86M 3.11M
Ebit 3.62M 2.73M 4.43M 8.76M -0.84700M
Ebitda 7.97M 5.53M 8.59M 12.54M 2.26M
Depreciation and amortization 4.36M 2.80M 4.16M 3.79M 3.11M
Non operating income net other - - 0.99M - 2.02M
Operating income 1.91M 1.26M 4.43M 8.76M -0.84700M
Other operating expenses 289.94M 285.57M 243.88M 167.51M 177.71M
Interest expense 8.93M 7.01M 7.93M 4.81M 4.35M
Tax provision 0.42M 0.73M 0.43M 1.17M -3.38700M
Interest income 0.38M 0.09M 0.33M 0.23M 0.02M
Net interest income -8.55400M -6.91600M -7.93500M -4.94800M -4.62400M
Extraordinary items - - - - -
Non recurring - - 0.52M - 6.58M
Other items - - - - -
Income tax expense 0.42M 0.73M 0.43M 1.17M -3.38700M
Total revenue 291.85M 286.83M 247.32M 177.08M 175.12M
Total operating expenses 58.28M 51.11M 45.38M 29.82M 34.26M
Cost of revenue 231.66M 234.46M 198.50M 137.69M 143.45M
Total other income expense net -6.89600M -5.21900M -15.78000M 4.64M -10.93400M
Discontinued operations - - - - 0.00400M
Net income from continuing ops -5.41100M -4.68400M -11.78500M 12.23M -8.39400M
Net income applicable to common shares - - -12.29500M 10.93M -7.27700M
Preferred stock and other adjustments - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 173.78M 177.17M 189.56M 207.60M 140.75M
Intangible assets 10.02M 10.98M 12.10M 13.26M -
Earning assets - - - - -
Other current assets 8.86M 9.05M 7.49M 10.11M 4.07M
Total liab 168.24M 158.37M 163.87M 171.12M 119.44M
Total stockholder equity -3.21600M 4.77M 11.90M 24.61M 13.72M
Deferred long term liab - - 2.42M - 0.59M
Other current liab 13.44M 9.96M 13.13M 13.59M 12.83M
Common stock 0.76M 0.76M 0.76M 0.76M 0.76M
Capital stock 0.76M 0.76M 0.76M 0.76M 0.76M
Retained earnings 2.13M 8.19M 13.69M 26.73M 16.27M
Other liab - - 2.46M 4.15M 1.73M
Good will 10.54M 10.54M 10.56M 10.13M 4.23M
Other assets - - 3.92M 3.03M 7.87M
Cash 5.93M 7.10M 5.81M 5.62M 11.00M
Cash and equivalents - - - - -
Total current liabilities 47.66M 46.84M 64.29M 30.91M 28.18M
Current deferred revenue 3.69M 5.55M 0.30M - -
Net debt 123.18M 118.10M 131.71M 138.37M 84.94M
Short term debt 12.76M 16.12M 40.40M 7.92M 7.01M
Short long term debt 10.38M 14.36M 38.74M 6.48M 5.64M
Short long term debt total 129.12M 125.20M 137.52M 143.99M 95.94M
Other stockholder equity -5.45700M -4.10000M -3.35500M -2.60900M -2.61700M
Property plant equipment - - 21.44M 43.08M 18.41M
Total current assets 78.51M 102.88M 116.56M 128.24M 105.77M
Long term investments 19.00M 16.65M 13.23M 9.86M 4.47M
Net tangible assets - - 1.95M 1.23M 9.50M
Short term investments 0.42M 0.53M 0.00000M 0.86M 1.41M
Net receivables 24.78M 26.00M 28.69M 32.05M 10.89M
Long term debt 104.51M 98.57M 86.35M 129.33M 81.86M
Inventory 38.52M 60.72M 71.12M 75.17M 71.97M
Accounts payable 17.78M 15.07M 10.45M 9.40M 8.34M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - 1.08M - 0.99M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.64700M -0.08000M 0.82M -0.26300M -0.68400M
Additional paid in capital - - - - -
Common stock total equity - - 0.76M - 0.76M
Preferred stock total equity - - - - -
Retained earnings total equity - - 13.69M - 16.27M
Treasury stock - - - - -2.61700M
Accumulated amortization - - - - -
Non currrent assets other 7.49M 3.63M 1.50M 0.22M 7.27M
Deferred long term asset charges - - - - -
Non current assets total 95.27M 74.29M 73.00M 79.36M 34.98M
Capital lease obligations 14.22M 12.28M 12.44M 8.18M 8.45M
Long term debt total - - 86.35M - 81.86M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -20.18900M -2.49900M -3.06400M -5.98200M 1.79M
Change to liabilities - - 0.99M 1.05M -2.52100M
Total cashflows from investing activities -20.18900M -2.49900M -6.16800M -33.38800M 2.52M
Net borrowings -5.02400M -21.19800M -10.85200M 56.51M 2.39M
Total cash from financing activities -4.80100M -13.91000M -12.38000M 59.25M 0.07M
Change to operating activities - - 4.32M -2.14000M -5.91100M
Net income -5.41100M -4.68400M -11.78500M 12.23M -8.39400M
Change in cash -1.08600M 0.75M -1.27800M -7.55900M 0.36M
Begin period cash flow 7.84M 7.09M 8.37M 15.93M 15.57M
End period cash flow 6.76M 7.84M 7.09M 8.37M 15.93M
Total cash from operating activities 23.50M 17.18M 16.91M -33.08400M -1.81900M
Issuance of capital stock - - - - -
Depreciation 4.36M 2.80M 4.16M 1.86M 3.11M
Other cashflows from investing activities 2.52M 3.21M -1.92600M 0.36M -0.91900M
Dividends paid - - - - -
Change to inventory 20.63M 9.10M 10.16M -17.60200M -0.12900M
Change to account receivables -1.80800M 4.99M -6.29000M -12.65400M 6.07M
Sale purchase of stock -1.44500M -0.87600M - - 1.34M
Other cashflows from financing activities 1.67M 8.16M 148.43M 136.34M 131.56M
Change to netincome - - -0.17500M -5.38800M 4.84M
Capital expenditures 15.68M 1.08M 1.18M 1.56M 6.00M
Change receivables - - - - -
Cash flows other operating - - 24.71M - -10.88100M
Exchange rate changes - - - - -0.41200M
Cash and cash equivalents changes - - -1.63900M - 0.36M
Change in working capital 22.42M 18.26M 17.38M -40.48400M -2.48700M
Stock based compensation - - 0.30M 0.40M -
Other non cash items 2.13M 0.80M 7.15M -6.68700M 5.96M
Free cash flow 7.82M 16.10M 15.73M -34.64200M -7.82400M

Peer Comparison

Sector: Industrials Industry: Conglomerates

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AIRT
Air T Inc
-1.0181 4.52% 21.48 - 12.80 0.22 927.51 0.86 21.28
HON
Honeywell International Inc
-3.67 1.69% 213.97 23.08 19.72 3.48 8.06 3.85 15.52
MMM
3M Company
0.99 0.65% 153.76 14.69 17.76 2.45 16.54 2.55 9.07
MSBHF
Mitsubishi Corp.
-0.87 2.82% 30.00 10.00 - 0.0032 1.08 0.0046 0.05
HTHIY
Hitachi Ltd ADR
-0.86 2.61% 32.08 13.55 10.63 0.0062 1.66 0.0069 0.05

Reports Covered

Stock Research & News

Profile

Air T, Inc. provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2025, this segment had 103 aircraft under the dry-lease agreements with FedEx. Its Ground Support Equipment segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Its Digital Solutions segment develops and provides digital aviation and other business services to customers within the aviation industry. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Air T Inc

11020 David Taylor Drive, Charlotte, NC, United States, 28262

Key Executives

Name Title Year Born
Mr. Nicholas John Swenson Chairman, Pres & CEO 1969
Mr. Brian Ochocki CFO, Principal Accounting Officer & Treasurer 1968
Mr. Mitch Pothen VP of Technology NA
Mr. Mark Jundt Chief Legal Counsel NA
Ms. Cheryl C. Sigmon Chief Financial Officer of Air Cargo Segment 1956
Ms. Katrina Marie-Kramer Philp Chief of Staff 1985
Mr. Sebastian Lourier Principal & CEO of Crestone Air Partners NA
Mr. Michael Moore Chief Exec. Officer of Global Ground Support LLC NA
Mr. Craig Bentley CEO of Mountain Air Cargo, Inc. & CSA Air, Inc. NA
Mr. Mark Harris CEO of Worthington Aviation, Inc. and AirCo Group NA

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