Air Industries Group

AIRI · AMEX · Industrials / Aerospace & Defense

2.50USD-0.10 (-3.85%)

Price History

Full chart

Market Stats

Previous Close2.60

Open2.61

Day Range2.45 – 2.68

52-Week Range2.30 – 3.95

Volume30.30K

Market Cap12.47M

P/E (TTM)0.00

Forward P/E22.37

EPS-0.31

Dividend Yield0.00%

Beta0.08

50-Day Avg2.61

200-Day Avg3.01

About

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines. Air Industries Group was founded in 1941 and is based in Bay Shore, New York.

Company Details

SectorIndustrials
IndustryAerospace & Defense
CEOMr. Scott A. Glassman
Employees150
Headquarters1460 Fifth Avenue, Bay Shore, NY, United States, 11706, USA
Websitehttps://www.airindustriesgroup.com

Leadership

Mr. Scott A. GlassmanPresident & Acting CEO · b. 1977
Mr. Brian DrisgulaVP of Finance, Principal Accounting Officer & Secretary · b. 1973
Ms. Lisa StaffordDirector of Human Resources
Mr. Michael BiancospinoPresident and GM of Air Industries Machining Corporation & Nassau Tool Works
Mr. Eric LeePresident & GM of Sterling Engineering Corporation (Turbine Engine Components)

Financials

Income Statement

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.87M	5.40M	5.37M	3.57M	6.55M	6.34M	2.78M	33.05M	46.07M	38.69M	38.69M	48.60M	53.74M	64.22M	62.83M	64.33M	80.44M	66.92M	49.87M	46.31M	54.57M	50.10M	58.94M	53.24M	51.52M	55.11M	47.92M
Growth (%)	-	+189.34%	-0.73%	-33.50%	+83.64%	-3.19%	-56.22%	+1089.95%	+39.41%	-16.01%	0.00%	+25.60%	+10.59%	+19.48%	-2.15%	+2.38%	+25.04%	-16.82%	-25.47%	-7.14%	+17.85%	-8.20%	+17.65%	-9.67%	-3.23%	+6.97%	-13.04%
Cost of Revenue	729.99K	1.47M	1.90M	1.51M	2.52M	2.76M	2.54M	28.00M	33.34M	29.63M	29.63M	41.13M	42.82M	49.36M	47.60M	50.23M	63.16M	60.20M	45.00M	40.90M	45.43M	43.59M	48.69M	45.79M	44.09M	46.18M	39.73M
Gross Profit	1.14M	3.93M	3.46M	2.06M	4.04M	3.58M	237.98K	5.04M	12.73M	9.06M	9.06M	7.47M	10.93M	14.86M	15.23M	14.10M	17.28M	6.72M	4.87M	5.41M	9.14M	6.51M	10.25M	7.45M	7.43M	8.93M	8.19M
Gross Margin	60.92%	72.75%	64.53%	57.63%	61.61%	56.50%	8.57%	15.26%	27.63%	23.42%	23.42%	15.37%	20.33%	23.14%	24.25%	21.91%	21.48%	10.04%	9.76%	11.69%	16.75%	13.00%	17.40%	14.00%	14.42%	16.21%	17.08%
Operating Expense	1.12M	3.85M	4.84M	1.98M	3.56M	4.77M	808.98K	4.39M	-15.30M	10.02M	14.67M	6.92M	6.55M	8.87M	10.62M	12.36M	16.66M	16.86M	17.63M	10.33M	8.81M	7.95M	7.77M	7.65M	7.72M	8.47M	8.53M
Operating Income	17.15K	84.20K	-1.38M	75.53K	472.93K	-1.19M	-571.00K	651.46K	28.04M	-957.00K	-5.61M	552.00K	4.38M	5.98M	4.61M	1.74M	626.00K	-10.13M	-12.76M	-4.91M	328.00K	-1.44M	2.49M	-194.00K	-295.00K	459.00K	-338.00K
Operating Margin	0.92%	1.56%	-25.67%	2.12%	7.22%	-18.75%	-20.56%	1.97%	60.86%	-2.47%	-14.50%	1.14%	8.15%	9.32%	7.34%	2.70%	0.78%	-15.15%	-25.58%	-10.61%	0.60%	-2.87%	4.22%	-0.36%	-0.57%	0.83%	-0.71%
EBITDA	30.66K	113.16K	-1.35M	106.00K	494.69K	-1.16M	-493.00K	1.79M	29.34M	-12.24M	-3.17M	3.46M	6.79M	8.09M	7.78M	5.12M	5.08M	-6.10M	-9.25M	-1.76M	3.60M	1.13M	6.19M	3.33M	2.75M	3.45M	3.78M
EBITDA Margin	1.64%	2.09%	-25.09%	2.97%	7.55%	-18.26%	-17.75%	5.42%	63.68%	-31.65%	-8.19%	7.12%	12.64%	12.60%	12.38%	7.96%	6.31%	-9.11%	-18.54%	-3.80%	6.61%	2.26%	10.50%	6.25%	5.33%	6.26%	7.88%
Net Income	28.28K	70.56K	-1.40M	27.61K	696.36K	-1.22M	-750.00K	-337.00K	627.90K	-16.54M	-16.54M	540.00K	2.25M	2.55M	3.74M	667.00K	-832.00K	-15.62M	-22.55M	-10.99M	-2.73M	1.10M	1.63M	-1.08M	-2.13M	-1.37M	-1.30M
Net Income Margin	1.51%	1.31%	-26.10%	0.77%	10.63%	-19.15%	-27.01%	-1.02%	1.36%	-42.75%	-42.75%	1.11%	4.18%	3.97%	5.95%	1.04%	-1.03%	-23.35%	-45.22%	-23.74%	-5.01%	2.19%	2.76%	-2.02%	-4.14%	-2.48%	-2.72%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	459.00K	430.00K	375.00K	341.00K	362.00K	423.00K	668.00K	-	-	-	-	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	0.71%	0.68%	0.58%	0.42%	0.54%	0.85%	1.44%	-	-	-	-	-	-	-
Interest Expense	0	21.15K	23.35K	47.92K	46.52K	25.35K	178.29K	1.04M	1.58M	0	2.78M	3.79M	2.10M	1.84M	1.34M	1.29M	1.86M	2.50M	3.38M	3.92M	3.56M	1.49M	1.26M	1.34M	1.92M	1.89M	1.84M
Interest Expense % of Total Revenue	0.00%	0.39%	0.44%	1.34%	0.71%	0.40%	6.42%	3.15%	3.43%	0.00%	7.18%	7.80%	3.91%	2.87%	2.13%	2.01%	2.31%	3.74%	6.77%	8.47%	6.53%	2.98%	2.15%	2.51%	3.73%	3.44%	3.84%

Balance Sheet

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	651.87K	1.36M	542.18K	870.04K	1.75M	808.43K	26.14M	24.89M	50.29M	39.35M	39.35M	34.38M	36.98M	53.16M	50.17M	65.92M	88.25M	82.80M	60.76M	47.76M	51.09M	57.78M	53.42M	53.81M	50.72M	51.01M	58.33M
Total Liabilities	271.04K	762.77K	1.34M	1.64M	1.81M	2.08M	19.03M	18.02M	31.93M	33.75M	33.75M	32.10M	32.31M	34.17M	28.56M	37.65M	59.45M	57.91M	42.99M	36.15M	40.88M	42.67M	36.04M	36.98M	35.52M	36.06M	39.13M
Total Equity	380.83K	594.21K	-802.02K	-774.42K	-54.06K	-1.27M	7.11M	6.87M	18.36M	5.60M	5.60M	2.29M	4.67M	18.99M	21.61M	28.27M	28.80M	24.89M	17.77M	11.61M	10.21M	15.11M	17.39M	16.84M	15.19M	14.95M	19.20M
Cash	154.25K	125.58K	81.93K	14.78K	7.41K	127.30K	1.06M	180.00K	910.00K	164.00K	164.00K	600.00K	577.00K	490.00K	561.00K	1.42M	529.00K	1.30M	630.00K	2.01M	1.29M	2.50M	627.00K	281.00K	346.00K	753.00K	680.00K
Total Debt	13.32K	192.33K	55.20K	462.38K	778.58K	283.37K	12.78M	8.24M	21.91M	22.88M	22.88M	24.48M	23.05M	23.85M	17.50M	27.72M	44.81M	36.97M	26.84M	25.07M	30.88M	31.90M	27.29M	28.51M	25.77M	27.87M	30.81M
Net Debt	-140.93K	66.75K	-26.73K	447.60K	771.17K	156.07K	11.72M	8.06M	9.66M	22.71M	22.71M	23.88M	22.47M	23.36M	16.93M	26.30M	44.28M	35.67M	26.21M	23.05M	29.59M	29.40M	26.66M	28.23M	25.43M	27.11M	30.13M

Cash Flow

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-132.64K	25.33K	-33.65K	190.33K	441.78K	671.04K	-1.16M	-729.53K	-5.95M	-140.00K	-140.00K	2.90M	3.63M	1.69M	8.89M	-2.80M	-894.00K	-692.00K	-3.99M	-2.34M	-888.00K	-1.52M	4.06M	448.00K	4.86M	324.00K	-1.35M
Investing Cash Flow	-47.34K	-185.51K	122.16K	-	269.99K	-55.93K	-8.44M	4.16M	-9.72M	-	-2.82M	-1.11M	-1.29M	-13.04M	-1.12M	-9.66M	-8.56M	-924.00K	1.76M	3.69M	-764.00K	-3.80M	-1.36M	-2.36M	-2.11M	-2.29M	-3.12M
Financing Cash Flow	297.42K	131.52K	-132.17K	-257.48K	-719.13K	-495.21K	10.66M	-4.49M	15.66M	3.12M	3.12M	-1.71M	-2.31M	11.26M	-7.70M	13.32M	8.56M	2.39M	1.55M	33.00K	934.00K	6.53M	-4.58M	1.57M	-2.69M	2.37M	8.33M
Capital Expenditure	47.34K	32.63K	3.52K	0	30.01K	55.93K	4.32M	812.37K	9.72M	2.56M	2.56M	770.00K	1.29M	1.44M	668.00K	906.00K	2.22M	2.60M	2.50M	1.79M	764.00K	3.80M	1.36M	2.36M	2.12M	2.30M	3.32M
Free Cash Flow	-179.98K	-7.30K	-37.17K	190.33K	411.76K	615.10K	-5.49M	-1.54M	-15.66M	-2.70M	-2.70M	2.13M	2.35M	256.00K	8.22M	-3.71M	-3.11M	-3.29M	-6.49M	-4.12M	-1.65M	-5.32M	2.70M	-1.91M	2.74M	-1.98M	-4.67M
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	-	359.00K	1.43M	3.75M	4.47M	0	-	-	-	-	-	-	-	-	-
FCF to OCF	135.69%	-28.82%	110.47%	100.00%	93.21%	91.66%	471.72%	211.36%	263.32%	1930.71%	1930.71%	73.45%	64.55%	15.11%	92.49%	132.37%	348.32%	475.00%	162.69%	176.50%	186.04%	348.98%	66.44%	-427.01%	56.42%	-610.19%	345.71%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-	-	-	-	-	140.23%	17.43%	-101.16%	-143.48%	0.00%	-	-	-	-	-	-	-	-	-

Earnings

Report Date	Mar 31, 2001	Jun 30, 2001	Sep 30, 2001	Dec 31, 2001	Mar 31, 2002	Jun 30, 2002	Sep 30, 2002	Dec 31, 2002	Mar 31, 2003	Jun 30, 2003	Sep 30, 2003	Dec 31, 2003	Dec 31, 2004	Mar 31, 2006	Jun 30, 2006	Sep 30, 2006	Dec 31, 2006	Mar 31, 2007	Jun 30, 2007	Sep 30, 2007	Mar 31, 2008	Jun 30, 2008	Sep 30, 2008	Dec 31, 2008	Mar 31, 2009	Jun 30, 2009	Mar 31, 2012	Jun 30, 2012	Sep 30, 2012	Dec 31, 2012	Mar 31, 2013	Aug 28, 2013	Nov 27, 2013	Mar 25, 2014	May 8, 2014	Aug 13, 2014	Nov 14, 2014	Mar 31, 2015	May 15, 2015	Aug 12, 2015	Nov 16, 2015	May 16, 2016	Aug 18, 2016	Nov 14, 2016	Jan 2, 2017	Apr 19, 2017	Aug 18, 2017	Nov 14, 2017	May 15, 2018	Aug 15, 2018	Nov 19, 2018	Mar 26, 2019	May 10, 2019	Aug 8, 2019	Nov 7, 2019	Mar 27, 2020	May 15, 2020	Aug 7, 2020	Nov 9, 2020	Mar 9, 2021	May 11, 2021	Aug 5, 2021	Nov 12, 2021	Mar 25, 2022	May 11, 2022	Aug 22, 2022	Nov 14, 2022	Mar 28, 2023	May 16, 2023	Aug 17, 2023	Dec 6, 2023	Dec 31, 2023	May 15, 2024	Aug 14, 2024	Nov 14, 2024	Mar 31, 2025	May 15, 2025	Aug 14, 2025	Nov 14, 2025	May 14, 2026	Aug 12, 2026	Nov 13, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	0.00	0.90	1.20	0.80	0.90	0.90	0.30	0.60	-0.50	-0.05	1.00	-0.30	-1.40	-0.15	-0.40	-0.30	-0.40	-0.40	-0.30	-0.30	0.10	0.10	-0.40	-0.20	0.10	0.00	0.10	0.10	0.10	0.10	0.10	0.10	0.02	-0.02	0.03	-0.16	-0.34	-0.12	-0.21	-0.02	0.02	-0.04	-0.15	0.00	-0.18	-	-
EPS Actual	54.71	-648.68	15.50	-1399.33	55.69	190.93	-130.46	-78.19	127.02	94.08	412.86	299.21	-84.20	-11.85	-10.98	-12.72	-47.73	-4.86	-25.97	16.17	-9.30	-9.86	-507.88	-444.60	-37.02	-58.08	2.29	0.84	1.06	1.67	0.48	0.39	4.33	1.10	0.60	0.90	0.50	-1.00	0.10	-0.80	0.40	-1.90	-0.40	-2.88	-1.52	-15.20	-3.60	-2.03	-0.50	-0.53	0.42	-0.90	-0.25	-0.30	0.10	-0.30	0.30	-0.50	-0.20	1.40	-0.00	0.10	-0.00	0.40	-0.00	-0.00	-0.04	-0.28	-0.28	-0.12	-0.40	0.06	-0.21	0.09	-0.12	-0.17	-0.27	-0.11	-0.01	-0.21	-0.18	-
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.00%	-40.00%	-	-44.44%	-183.33%	-87.50%	-188.89%	-55.56%	-733.33%	-166.67%	-476.00%	-2940.00%	-1620.00%	-1100.00%	-45.00%	-233.33%	-32.50%	240.00%	-125.00%	37.50%	0.00%	133.33%	-400.00%	200.00%	-25.00%	0.00%	1300.00%	-	0.00%	-102.10%	300.00%	-100.90%	-100.20%	-140.00%	-1500.00%	-1300.00%	-500.00%	-150.00%	117.65%	-75.00%	142.86%	-500.00%	-950.00%	-575.00%	26.67%	-	-18.50%	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	-	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	-	After-hours	After-hours	After-hours	-	After-hours	Pre-market	Pre-market	Pre-market	-	Pre-market	-	After-hours	-	-

Key Statistics & Ratios

Market Cap12.47M

Enterprise Value42.96M

Trailing P/E0.00

Forward P/E22.37

PEG Ratio0.00

Price / Sales0.26

Price / Book0.71

EPS-0.31

Book Value3.73

Revenue (TTM)46.72M

Gross Profit (TTM)9.21M

EBITDA2.40M

Profit Margin-3.77%

Operating Margin-3.05%

Return on Equity-10.56%

Return on Assets-0.61%

Shares Outstanding4.85M

Shares Float3.22M

Beta0.08

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 1 analystsTarget 5.00

Buy
1

Dividends

20153×

1.50Nov 19, 20151.50Jul 30, 20151.50Apr 9, 2015

20145×

1.50Dec 30, 20141.50Oct 16, 20141.50Jun 26, 20141.50Apr 11, 20141.25Jan 7, 2014

20133×

1.25Sep 26, 20130.63Jun 27, 20130.63Mar 14, 2013

20123×

0.63Oct 31, 20120.06Oct 29, 20120.63Oct 26, 2012

Stock Splits

Oct 18, 20221:10
Oct 14, 20101:400