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AIR T INC

AIRT

$35.94 ▲ +5.04 (+16.31%) at close

17 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

AIR T INC demonstrates solid fundamentals with strength in Return on Common Equity (%). However, watch Operating Margin (%) which shows concerning trends. Consider comparing against peers in the Industrials sector before making investment decisions.

Market Cap $97.1M

Dividend Yield —

Revenue Growth 12.1% ↗

Op. Margin -3.4% ↘

ROIC -3.8% ↘

FCF / Share $-15.36 ↘

Trailing P/E 1.3x

Price / Book 1.2x

FCF Yield —

Debt / Equity 2.61

info Valuation on last close. End-of-day price, Aug 6, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$327.09M

↑ +12.1% —

Net Income Profit after all expenses

$77.98M

↑ +1370.1% —

Operating Margin Operating profit as % of sales

-3.4%

↓ -623.6% 22th

FCF / Share Free cash flow per share

$-15.36

↓ -288.5% —

Long-Term Debt Long-term obligations

$208.20M

↑ +88.7% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Financial Health ↓

Cash Quality ↑

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Revenue Growth YoY (%)	12.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+141%)	1.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-65%)	16.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+220%)	39.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+693%)	1.1% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-78%)	-26.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-621%)	9.9% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+98%)	10.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+116%)	31.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+520%)	0.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-96%)	32.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+542%)	11.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+126%)	-2.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-144%)	15.3% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+206%)	7.2% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+44%)	—	—
EPS Growth YoY (%)	N/M	7.9% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	44.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	522.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-60.4% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	98.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	72.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-10.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	23.6% Good Good Year-over-year change in earnings per share Optimal: > 10%	-37.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	10.0% Fair Fair Year-over-year change in net income	44.5% Excellent Excellent Year-over-year change in net income	N/M	N/M	N/M	471.3% Excellent Excellent Year-over-year change in net income	-41.2% Weak Weak Year-over-year change in net income	N/M	N/M	99.0% Excellent ↑ Excellent Improving Year-over-year change in net income	69.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-12.2% Weak ↓ Weak Declining Year-over-year change in net income	23.7% Good Good Year-over-year change in net income	-36.8% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	42.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	3.5% Caution ↑ Caution Improving Year-over-year change in free cash flow	N/M	-505.8% Weak Weak Year-over-year change in free cash flow	79.9% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	62.2% Excellent Excellent Year-over-year change in free cash flow	N/M	-67.6% Weak ↑ Weak Improving Year-over-year change in free cash flow	N/M	60.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-1796.5% Weak Weak Year-over-year change in free cash flow	94.8% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	9.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	18.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	17.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	1.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-6.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	16.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	20.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.8% Good ↑ Good Improving Compound annual revenue growth over 3 years	12.9% Good ↑ Good Improving Compound annual revenue growth over 3 years	7.9% Fair Fair Compound annual revenue growth over 3 years	6.5% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	13.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	4.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	4.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	3.6% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.4% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	16.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	16.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	13.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	10.7% Good Good Compound annual revenue growth over 5 years	12.2% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	105.0% Excellent Excellent Compound annual EPS growth over 3 years	—	—	-31.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	16.6% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	—	45.2% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	24.1% Excellent Excellent Compound annual EPS growth over 3 years	-11.5% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Operating Margin (%) (%)	-3.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-129%)	0.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-95%)	0.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-96%)	-1.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-115%)	4.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	-5.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-144%)	3.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-74%)	4.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	2.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	-2.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-117%)	4.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	3.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-75%)	2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	2.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	4.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	—
Effective Tax Rate (%) (%)	1.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-8.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-18.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-3.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	28.7% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-20.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	29.5% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-17.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.9% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.3% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—
Profit Margin (%) (%)	23.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+198%)	-2.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-126%)	-2.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	-5.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-162%)	6.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-23%)	-4.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-152%)	3.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	0.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-92%)	1.2% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	-2.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-127%)	3.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	2.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	1.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	1.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	1.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	2.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-68%)	—
FCF Margin (%) (%)	-12.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.6% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-19.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-11.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.2% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-6.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	1.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-4.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-0.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-5.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-0.53x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.65x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-2.36x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.28x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.17x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.79x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	-3.59x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	14.75x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.05x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	3.08x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.40x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	2.43x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.25x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.84x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.18x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-2.23x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Return on Invested Capital (%)	-3.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	1.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-3.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.0% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	8.0% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	8.0% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	5.4% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-15.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	8.3% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.6% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	7.7% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	6.1% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	10.4% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-2.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-2.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.2% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-6.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	8.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.4% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	-4.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	11.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	7.9% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.1% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	7.6% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	5.9% Caution Caution Operating profit relative to total assets Optimal: > 10%	10.0% Good Good Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	97.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+551%)	190.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1173%)	-143.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1053%)	-103.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-789%)	44.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+196%)	-53.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-453%)	31.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+113%)	5.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-63%)	9.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	-14.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-193%)	14.2% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-5%)	8.3% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-44%)	5.4% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-64%)	5.9% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-60%)	5.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-67%)	8.1% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-46%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Debt to Equity (x)	2.61x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+273%)	-34.31x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-5001%)	23.67x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+3282%)	10.51x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1401%)	5.52x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+688%)	6.37x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+811%)	3.57x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+411%)	2.37x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+238%)	1.91x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+173%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-92%)	—	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—
Interest Coverage (x)	-0.93x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.23x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.18x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.56x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.77x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-1.98x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.55x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.72x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.46x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	-10.40x Weak Weak Operating income divided by interest expense Optimal: > 5x	74.70x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	178.00x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	2456.04x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$187.86M	$104.39M	$105.83M	$119.28M	$130.19M	$76.50M	$79.87M	$45.24M	$43.28M	$-2.74M	$-3.49M	$-13.39M	$-3.76M	$-9.20M	$-5.81M	$-6.52M	$-9.78M
Debt / EBITDA (x)	182.15x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	17.61x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	27.80x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-510.55x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	12.79x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-14.42x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.60x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.47x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.20x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.01x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.31x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Revenue per Share (USD)	$121.01	$106.13	$101.86	$86.87	$61.49	$60.76	$84.84	$70.61	$95.22	$46.57	$41.65	$31.69	$27.83	$28.09	$24.38	$22.86	—
Basic EPS, GAAP (USD)	$28.85	$-2.23	$-2.42	$-4.32	$3.79	$-2.53	$2.74	$0.44	$1.11	$-1.01	$1.39	$0.70	$0.41	$0.45	$0.37	$0.59	—
Free Cash Flow per Share (USD)	$-15.36	$8.15	$5.72	$5.53	$-12.02	$-1.98	$-9.86	$6.48	$-1.17	$-3.11	$0.55	$1.71	$-0.51	$-1.29	$-0.07	$-1.31	—
Dividend per Share (USD)	—	—	—	—	—	—	—	—	—	—	—	—	$0.20	$0.17	$0.17	$0.22	—
Book Value per Share (USD)	$29.54	$-1.19	$1.72	$4.22	$8.59	$4.76	$8.33	$12.04	$12.29	$7.49	$9.77	$8.37	$7.75	$7.66	$7.37	$7.20	—
Tangible Book Value per Share (USD)	$20.35	$-8.80	$-6.03	$-3.82	$0.43	$2.74	$6.60	$9.46	$9.49	$5.60	$9.38	$8.37	$7.75	$7.66	$7.37	$7.20	—
Basic Weighted Avg Shares (shares)	2.70M	2.75M	2.82M	2.85M	2.88M	2.88M	2.79M	3.05M	2.04M	3.19M	3.56M	3.54M	3.62M	3.67M	3.67M	3.65M	—
Dividend Payout Ratio (%)	—	—	—	—	—	—	—	—	—	—	—	—	49.2% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	36.8% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	45.5% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	37.5% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Working Capital (USD)	$64.45M	$30.85M	$56.04M	$52.27M	$97.34M	$77.59M	$30.74M	$18.55M	$30.49M	$28.59M	$23.24M	$30.42M	$22.13M	$22.67M	$23.24M	$22.73M	—
LT Debt (USD)	$208.20M	$110.33M	$112.93M	$125.08M	$135.81M	$87.50M	$85.82M	$57.65M	$48.08M	—	—	—	$0.00	—	—	—	—
Total Equity (USD)	$79.81M	$-3.22M	$4.77M	$11.90M	$24.61M	$13.72M	$24.01M	$24.36M	$25.12M	$22.97M	$34.77M	$29.80M	$27.36M	$28.12M	$27.05M	$26.24M	$24.90M

📋 What is driving earnings? 4 metrics

Metric	FY 2026 Mar 31, 2026 10-K ↗	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$327.09M	$291.85M	$286.83M	$247.32M	$177.08M	$175.12M	$236.78M	$215.50M	$194.52M	$148.47M	$148.21M	$112.18M	$100.77M	$103.06M	$89.38M	$83.36M	—
Depreciation Expense (USD)	$12.34M	$4.36M	$2.80M	$4.16M	$1.86M	$3.11M	$5.71M	$7.26M	$2.43M	—	—	—	—	—	—	—	—
Net Income, GAAP (USD)	$77.98M	$-6.14M	$-6.82M	$-12.29M	$10.93M	$-7.28M	$7.66M	$1.34M	$2.28M	$-3.21M	$4.94M	$2.48M	$1.47M	$1.67M	$1.35M	$2.14M	—
Operating Cash Flow (USD)	$-25.04M	$23.50M	$17.18M	$16.91M	$-33.08M	$-1.82M	$-25.07M	$20.94M	$-277.84K	$-7.55M	$3.21M	$6.84M	$-554.61K	$-4.36M	$752.27K	$-4.52M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 65 quarters

AIR T INC

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