Air T Inc

Air T Inc

AIRT · NASDAQ · Industrials / Conglomerates

30.19USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close30.19
Open30.50
Day Range29.92 – 31.02
52-Week Range18.35 – 35.00
Volume257
Market Cap77.28M
P/E (TTM)1.25
Forward P/E12.80
EPS23.02
Dividend Yield0.00%
Beta0.28
50-Day Avg29.82
200-Day Avg23.96

About

Air T, Inc. provides overnight air cargo; ground support equipment; commercial aircraft, engines, and parts; digital solutions; and regional airline services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2026, 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. Its Commercial Aircraft, Engines and Parts segment provide 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 to airlines and commercial aircraft leasing companies. This segment also offers 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. This segment also offers cloud-based software solutions for aviation aftermarket businesses. Its Regional Airline segment provides scheduled passenger services, air freight, charter services, ancillary passenger services, and government subsidies. As of March 31, 2026, this segment had 98 aircraft consisting of 57 owned SAAB 340B AND 340B+ twin-engine turboprop aircraft and remaining 41 aircraft includes the training fleet of the Australian Airline Pilot Academy. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Company Details

  • SectorIndustrials
  • IndustryConglomerates
  • CEOMr. Nicholas John Swenson
  • Employees1.67K
  • Headquarters11020 David Taylor Drive, Charlotte, NC, United States, 28262, USA
  • Websitehttps://www.airt.com

Leadership

  • Mr. Nicholas John SwensonChairman, President & CEO · b. 1969
  • Ms. Tracy KennedyChief Financial Officer, Chief Accounting Officer & Treasurer · b. 1991
  • Mr. Mark R. Jundt J.D.Secretary & General Counsel · b. 1981
  • Ms. Katrina Marie-Kramer PhilpChief of Staff · b. 1985
  • Ms. Althea ArvinChief Executive Officer of Stratus Aero Partners
  • Mr. Michael MooreChief Executive Officer of Global Ground Support LLC
  • Mr. Michael BandalanCEO of Mountain Air Cargo, Inc., Royal Aircraft Svcs. Worldwide Aircraft Svcs., Inc. & CSA Air, Inc.
  • Mr. Dave BixlerPresident of Jet Yard, LLC & Air'Zona Aircraft Services, Inc.
  • Mr. Paul StewartPresident of Ambry Hill Technologies
  • Mr. Richard LeeChief Executive Officer of Delphax Solutions, Inc.

Financials

Income Statement

Currency: USD1988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue11.50M15.80M17.70M25.60M20.10M26.80M30.70M33.00M36.10M35.10M51.03M52.12M58.85M70.25M70.96M42.87M56.00M70.00M79.53M67.30M78.40M90.67M81.08M83.36M89.38M103.06M100.77M112.18M148.21M148.47M194.52M249.83M236.78M175.12M177.08M247.32M286.83M291.85M327.09M
Growth (%)-+37.39%+12.03%+44.63%-21.48%+33.33%+14.55%+7.49%+9.40%-2.76%+45.36%+2.14%+12.91%+19.37%+1.01%-39.58%+30.61%+25.01%+13.61%-15.37%+16.49%+15.65%-10.58%+2.82%+7.22%+15.31%-2.22%+11.32%+32.12%+0.18%+31.01%+28.44%-5.22%-26.04%+1.12%+39.67%+15.98%+1.75%+12.07%
Cost of Revenue7.40M12.00M14.10M21.70M15.60M20.80M24.60M26.40M29.54M28.51M41.23M43.31M49.43M58.16M58.78M34.94M44.13M57.52M66.10M53.23M62.70M72.32M64.58M69.07M75.72M87.87M85.32M95.41M123.27M128.32M160.91M203.37M189.73M143.45M137.69M198.50M234.46M231.66M265.15M
Gross Profit4.10M3.80M3.60M3.90M4.50M6.00M6.10M6.60M6.56M6.59M9.80M8.81M9.42M12.08M12.18M7.94M11.86M12.48M13.43M14.07M15.70M18.35M16.49M14.29M13.66M15.19M15.45M16.77M24.94M20.15M33.61M46.46M47.05M31.67M39.38M48.83M52.38M60.19M61.94M
Gross Margin35.65%24.05%20.34%15.23%22.39%22.39%19.87%20.00%18.17%18.79%19.20%16.90%16.00%17.20%17.17%18.51%21.18%17.82%16.89%20.91%20.02%20.23%20.34%17.14%15.29%14.74%15.33%14.95%16.83%13.57%17.28%18.60%19.87%18.09%22.24%19.74%18.26%20.62%18.94%
Operating Expense2.50M3.30M2.10M2.50M2.70M3.50M15.20M16.20M4.30M4.95M6.73M7.86M8.44M9.56M9.81M7.47M8.46M9.01M10.27M10.25M10.64M11.68M11.06M10.85M11.59M12.46M12.82M13.35M18.91M23.22M29.36M38.40M39.76M40.85M30.63M53.23M51.11M58.28M80.84M
Operating Income1.60M500.00K1.50M1.40M1.80M2.50M-9.10M-9.60M2.26M1.64M3.07M946.57K974.36K2.52M2.38M464.52K3.40M3.47M3.16M3.83M5.05M6.67M5.43M3.44M2.07M2.73M2.63M3.42M6.03M-3.08M4.25M8.06M7.29M-9.18M8.76M-4.41M1.26M1.91M-18.90M
Operating Margin13.91%3.16%8.47%5.47%8.96%9.33%-29.64%-29.09%6.25%4.68%6.02%1.82%1.66%3.58%3.35%1.08%6.08%4.96%3.97%5.69%6.45%7.35%6.70%4.12%2.32%2.65%2.61%3.05%4.07%-2.07%2.18%3.23%3.08%-5.24%4.94%-1.78%0.44%0.65%-5.78%
EBITDA2.50M1.40M1.60M1.60M2.00M2.70M2.80M-9.30M-10.20M-10.60M-37.68M-24.20M-36.17M-46.50M-43.94M-33.51M-40.34M4.10M3.84M4.75M5.82M7.53M5.99M3.94M2.39M3.27M3.36M4.28M7.34M106.54K7.06M16.69M12.79M-4.32M20.06M741.00K5.53M7.97M110.66M
EBITDA Margin21.74%8.86%9.04%6.25%9.95%10.07%9.12%-28.18%-28.25%-30.20%-73.85%-46.43%-61.47%-66.19%-61.93%-78.16%-72.04%5.86%4.83%7.05%7.42%8.31%7.38%4.72%2.67%3.17%3.34%3.82%4.95%0.07%3.63%6.68%5.40%-2.47%11.33%0.30%1.93%2.73%33.83%
Net Income300.00K-3.70M400.00K700.00K1.20M1.80M2.30M1.60M1.61M1.32M1.71M522.70K361.86K1.29M1.28M-1.22M1.74M2.11M2.05M2.49M3.40M4.38M3.76M2.14M1.35M1.67M1.47M2.48M4.94M-3.21M2.28M1.34M7.66M-7.28M10.93M-12.29M-6.82M-6.14M77.98M
Net Income Margin2.61%-23.42%2.26%2.73%5.97%6.72%7.49%4.85%4.47%3.77%3.34%1.00%0.61%1.83%1.80%-2.86%3.10%3.01%2.58%3.69%4.34%4.83%4.63%2.56%1.51%1.62%1.46%2.21%3.34%-2.16%1.17%0.54%3.23%-4.16%6.17%-4.97%-2.38%-2.10%23.84%
R&D------------------------000777.94K777.94K1.04M195.65K0-------
R&D as % of Total Revenue------------------------0.00%0.00%0.00%0.69%0.52%0.70%0.10%0.00%-------
Interest Expense0000000000000000000210.15K171.03K104.73K16.10K1.40K11.65K00080.74K0571.65K3.48M4.70M4.64M5.17M8.26M7.01M8.93M12.79M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.31%0.22%0.12%0.02%0.00%0.01%0.00%0.00%0.00%0.05%0.00%0.29%1.39%1.98%2.65%2.92%3.34%2.44%3.06%3.91%

Balance Sheet

Currency: USD1988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets16.60M11.10M6.00M4.90M4.80M7.10M8.60M10.20M10.22M11.12M18.29M20.85M23.94M28.53M22.90M21.33M19.57M24.11M23.92M24.61M27.31M29.34M29.60M34.22M35.08M36.05M37.22M43.46M52.15M65.34M65.34M115.14M151.43M140.75M207.60M189.56M177.17M173.78M409.12M
Total Liabilities12.60M10.80M5.30M3.10M2.00M2.60M2.00M3.10M2.81M2.86M8.58M11.22M14.68M18.36M11.80M11.72M7.90M11.02M9.42M9.17M9.59M7.59M4.70M7.98M8.03M7.93M9.86M13.66M16.88M43.17M41.73M86.31M120.34M119.44M171.12M163.87M158.37M168.24M317.90M
Total Equity4.00M300.00K700.00K1.80M2.80M4.50M6.60M7.10M7.41M8.25M9.71M9.64M9.26M10.17M11.10M9.61M11.68M13.09M14.50M15.45M17.71M21.75M24.90M26.24M27.05M28.12M27.36M29.80M34.77M22.16M23.61M24.36M24.01M13.72M24.61M11.90M4.77M-3.22M79.81M
Cash100.00K200.00K100.00K100.00K600.00K1.40M1.70M3.40M2.21M2.38M193.92K263.36K144.51K97.80K31.77K79.72K459.45K3.50M2.70M2.90M51.86K6.85M9.78M6.52M5.81M9.20M3.76M14.17M5.35M2.76M2.76M12.52M5.95M11.00M5.62M5.81M7.10M5.93M20.33M
Total Debt9.10M6.90M1.90M1.20M600.00K300.00K--9.63K-1.00M3.98M4.09M5.97M4.16M2.51M279.33K1.24M949.95K797.59K642.86K481.33K20.64K8.27K---5.00M1.86M18.44M38.88M57.65M95.64M95.94M143.99M137.52M125.20M129.12M224.70M
Net Debt9.00M6.70M1.80M1.10M--1.10M-1.70M-3.40M-2.20M-2.38M809.31K3.71M3.94M5.87M4.13M2.43M-180.12K-2.25M-1.75M-2.10M591.00K-6.37M-9.76M-6.51M-5.81M-9.20M-3.76M-9.17M-3.48M15.67M15.67M45.13M89.69M84.94M138.37M131.71M118.10M123.18M204.37M

Cash Flow

Currency: USD1991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow1.40M1.30M1.90M1.70M3.00M1.78M1.26M-758.75K-1.53M262.66K-1.13M2.89M2.32M2.21M3.27M530.44K2.46M277.12K6.85M5.51M-4.52M752.27K4.36M-554.61K7.97M3.21M-7.55M-277.84K20.94M-25.07M-1.82M-33.08M16.91M17.18M23.50M-25.04M
Investing Cash Flow100.00K200.00K-700.00K-1.00M-1.00M-1.83M-396.91K-2.09M-935.89K-177.48K-227.35K-656.93K274.00K651.68K-375.03K-355.45K-197.93K-1.64M804.42K-1.38M2.07M-905.50K-367.05K-2.70M-2.59M-5.27M-3.70M-26.42M-23.00M8.61M2.52M-33.39M-6.17M-2.50M-20.19M-21.80M
Financing Cash Flow-1.40M-1.00M-400.00K-400.00K-1.10M-1.11M-701.40K667.93K2.53M-204.03K1.31M-2.30M-1.99M-2.48M139.97K-970.23K-2.07M-1.48M-855.67K-1.20M-815.10K-547.65K-611.57K-2.18M5.02M-5.99M8.69M28.74M9.55M19.24M71.00K59.25M-12.38M-13.91M-4.80M65.40M
Capital Expenditure200.00K300.00K300.00K800.00K1.00M204.17K472.02K1.05M1.25M652.63K720.54K720.43K686.01K1.26M395.69K362.57K197.93K477.81K215.25K127.90K255.52K1.00M375.05K1.28M1.93M1.05M2.35M20.22M20.47M38.69M6.00M1.56M1.18M1.08M15.68M16.48M
Free Cash Flow1.20M1.00M1.60M900.00K2.00M1.57M790.35K-1.81M-2.78M-389.97K-1.85M2.17M1.63M944.54K2.88M167.87K2.26M-200.68K6.64M5.38M-4.77M-249.52K3.99M-1.84M6.04M2.17M-9.90M-20.49M467.13K-63.77M-7.82M-34.64M15.73M16.10M7.82M-41.53M
Dividends Paid-200.00K-100.00K200.00K200.62K218.44K265.14K377.69K220.28K274.86K405.52K325.85K-535.66K667.63K667.82K610.85K727.05K800.08K802.34K611.57K611.57K733.88K000075.51K-------
FCF to OCF85.71%76.92%84.21%52.94%66.67%88.52%62.61%238.47%181.89%-148.47%163.81%75.08%70.39%42.83%87.91%31.65%91.96%-72.42%96.86%97.68%105.66%-33.17%91.40%331.36%75.77%67.48%131.06%7376.06%2.23%254.31%430.13%104.71%93.03%93.74%33.27%165.82%
Dividend Paid to FCF-20.00%-11.11%10.00%12.75%27.64%-14.65%-13.59%-56.49%-14.86%18.69%19.98%-18.61%397.71%29.49%-304.38%10.95%14.87%-16.81%-245.10%15.34%-39.93%0.00%0.00%0.00%0.00%16.16%-------

Earnings

Report DateJun 30, 1998Sep 30, 1998Dec 31, 1998Jun 30, 1999Sep 30, 1999Dec 31, 1999Jun 30, 2000Sep 30, 2000Dec 31, 2000Jun 30, 2001Sep 30, 2001Dec 31, 2001Jun 30, 2002Sep 30, 2002Dec 31, 2002Jul 29, 2003Nov 12, 2003Jan 12, 2004Jun 17, 2004Jul 29, 2004Nov 8, 2004Jan 28, 2005Jun 17, 2005Aug 5, 2005Nov 8, 2005Feb 10, 2006Jun 26, 2006Aug 4, 2006Nov 10, 2006Feb 8, 2007Aug 10, 2007Nov 9, 2007Feb 1, 2008Jun 12, 2008Aug 12, 2008Oct 31, 2008Jan 30, 2009Jun 2, 2009Jul 31, 2009Nov 2, 2009Feb 1, 2010Jun 8, 2010Aug 4, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Feb 3, 2015Jun 8, 2015Aug 5, 2015Dec 31, 2015Feb 5, 2016Jun 30, 2016Aug 15, 2016Nov 14, 2016Feb 13, 2017Jun 30, 2017Jul 5, 2017Nov 14, 2017Feb 14, 2018Jun 29, 2018Aug 14, 2018Nov 13, 2018Feb 14, 2019Jun 28, 2019Aug 14, 2019Nov 13, 2019Feb 13, 2020Jun 26, 2020Aug 14, 2020Nov 12, 2020Feb 12, 2021Jun 25, 2021Aug 12, 2021Nov 12, 2021Feb 14, 2022Jun 28, 2022Aug 12, 2022Nov 10, 2022Feb 10, 2023Jun 27, 2023Aug 11, 2023Nov 14, 2023Feb 12, 2024Jun 25, 2024Aug 14, 2024Nov 11, 2024Feb 10, 2025Jun 24, 2025Aug 12, 2025Nov 12, 2025Dec 31, 2025Jun 29, 2026Aug 14, 2026Nov 11, 2026
EPS Estimate---------------------------------------------------------------------------------------------0.00--------------
EPS Actual0.070.060.000.00-0.110.090.040.040.120.080.180.04-0.04-0.090.010.090.090.060.200.130.130.120.130.070.070.170.210.180.090.080.170.150.250.360.370.360.270.210.310.230.340.150.080.160.190.050.160.160.000.110.060.170.110.040.120.130.110.020.510.41-0.24-0.211.050.76-0.38-1.620.350.400.080.310.110.21-0.270.781.38-0.65-1.340.830.53-0.80-0.070.20-0.29-1.010.73-1.950.102.60-0.441.51-0.50-0.43-0.21-3.21-3.21-0.57-1.06-0.61-0.120.91-0.47-2.57-0.611.61-0.9128.75-5.86-
Surprise------------------------------------------------------------------------------------------------------------
Timing------------------------------------------------------------------After-hoursAfter-hoursPre-market--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-----

Key Statistics & Ratios

Market Cap77.28M
Enterprise Value326.09M
Trailing P/E1.25
Forward P/E12.80
PEG Ratio0.00
Price / Sales0.21
Price / Book1.22
EPS23.02
Book Value24.22
Revenue (TTM)371.68M
Gross Profit (TTM)84.23M
EBITDA-8.27M
Profit Margin17.17%
Operating Margin-8.55%
Return on Equity157.43%
Return on Assets-5.54%
Shares Outstanding2.70M
Shares Float919.89K
Beta0.28
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
24.27%
Insiders
50.51%
Retail / Other
25.22%

Top Institutional Holders

  • Renaissance Technologies Corp
    106.41K3.95%
  • Vanguard Capital Management, LLC
    42.42K1.57%
  • Morgan Stanley - Brokerage Accounts
    33.21K1.23%
  • Vanguard Fiduciary Trust Co
    4.83K0.18%
  • BlackRock Inc
    3.58K0.13%
  • UBS Group AG
    2.09K0.08%
  • Mercer Global Advisors Inc.
    2.00K0.07%
  • CWM, LLC duplicate
    9790.04%
  • Vanguard Global Advisers, LLC
    6000.02%
  • Tower Research Capital LLC
    1830.01%
  • Bessemer Group Inc
    1200.00%
  • Fifth Third Bancorp
    1000.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    30.86K1.14%
  • iShares Micro-Cap ETF
    4.85K0.18%
  • Fidelity Extended Market Index
    3.80K0.14%
  • Fidelity Total Market Index
    2.30K0.09%
  • Fidelity Nasdaq Composite Index
    1.91K0.07%
  • Fidelity Series Total Market Index
    1.17K0.04%
  • Vanguard U.S. Eq Idx £ Acc
    6000.02%
  • 1290 VT Micro Cap K
    3670.01%

Dividends

20131×
0.13Jun 5, 2013
20121×
0.11Jun 6, 2012
20111×
0.11Jun 1, 2011
20101×
0.15Jun 2, 2010
20091×
0.15Jun 3, 2009
20081×
0.13Jun 4, 2008
20071×
0.11Jun 6, 2007
20061×
0.11Jun 7, 2006
20051×
0.11Jun 8, 2005
20041×
0.09Jun 9, 2004
20021×
0.05Jun 3, 2002
20011×
0.07May 24, 2001
20002×
0.04May 24, 20000.05May 12, 2000
19991×
0.04May 12, 1999
19982×
0.06May 18, 19980.09May 13, 1998
19971×
0.04May 29, 1997
19961×
0.04Mar 29, 1996
19951×
0.03May 2, 1995
19942×
0.04May 17, 19940.06May 16, 1994
19931×
0.02Apr 26, 1993
19911×
0.02Dec 30, 1991

Stock Splits

  • Jun 11, 20193:2
  • May 16, 19941:5