Air T Inc PR

Air T Inc PR

AIRTP · NASDAQ · Industrials / Conglomerates

18.25USD-0.63 (-3.31%)

Price History

Full chart

Market Stats

Previous Close18.88
Open18.45
Day Range18.23 – 18.45
52-Week Range16.92 – 19.75
Volume5.37K
Market Cap457.69M
P/E (TTM)56.25
Forward P/E0.00
EPS0.336
Dividend Yield10.64%
Beta0.28
50-Day Avg18.93
200-Day Avg19.39

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 Expense2.50M3.30M2.10M2.50M2.70M3.50M15.20M16.20M4.30M4.95M6.73M7.86M8.44M9.56M9.81M7.47M8.46M9.01M10.27M10.25M10.64M11.68M11.06M10.85M11.59M12.46M12.82M13.35M18.91M23.25M29.36M38.40M39.76M40.85M30.63M53.23M51.11M58.28M80.84M
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-3.10M4.25M8.06M7.29M-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%-2.09%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---------------------------777.94K777.94K1.04M195.65K0-------
R&D as % of Total Revenue---------------------------0.69%0.52%0.70%0.10%0.00%-------
Interest Expense-------------------210.15K171.03K104.73K16.10K1.40K11.65K--080.74K571.65K571.65K3.48M4.70M4.64M5.17M8.26M7.01M8.93M12.79M
Interest Expense % of Total Revenue-------------------0.31%0.22%0.12%0.02%0.00%0.01%--0.00%0.05%0.39%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 Liabilities12.60M10.80M5.30M3.10M2.00M2.60M2.00M3.10M2.81M2.86M8.58M11.22M14.68M18.36M11.80M11.72M7.90M11.02M9.42M9.17M9.59M7.59M4.70M7.98M8.03M7.93M9.86M13.66M16.88M41.73M41.73M86.31M120.34M119.44M171.12M163.87M158.37M168.24M317.90M
Total Equity4.00M300.00K700.00K1.80M2.80M4.50M6.60M7.10M7.41M8.25M9.71M9.64M9.26M10.17M11.10M9.61M11.68M13.09M14.50M15.45M17.71M21.75M24.90M26.24M27.05M28.12M27.36M29.80M35.27M23.61M23.61M28.83M24.01M13.72M24.61M11.90M4.77M-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-535.66K667.63K667.82K610.85K727.05K800.08K802.34K611.57K611.57K733.88K------------
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%------------

Earnings

Report DateSep 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, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Aug 15, 2016Nov 14, 2016Feb 13, 2017Jun 30, 2017Sep 30, 2017Nov 14, 2017Feb 14, 2018Jun 29, 2018Aug 14, 2018Nov 13, 2018Feb 14, 2019Jun 28, 2019Aug 14, 2019Nov 13, 2019Feb 13, 2020Jun 26, 2020Aug 14, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Feb 12, 2025Jun 27, 2025Aug 13, 2025
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
EPS Actual0.160.160.000.110.060.170.110.040.120.130.110.020.510.41-0.24-0.211.050.76-0.38-1.620.350.400.080.310.14-0.220.510.94-0.22-0.770.790.72-0.80-0.070.20-0.29-1.010.73-1.950.102.60-0.47-2.57-0.61
Surprise--------------------------------------------
Timing--------------------After-hoursAfter-hoursPre-market--Pre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hours-------

Key Statistics & Ratios

Market Cap457.69M
Enterprise Value315.51M
Trailing P/E56.25
Forward P/E0.00
Price / Sales1.68
Price / Book0.00
EPS0.336
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 Outstanding3.04M
Shares Float919.89K
Beta0.28
Dividend Yield10.64%
Dividend Rate2.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.03%
Insiders
0.00%
Retail / Other
99.97%

Top Institutional Holders

  • Bessemer Group Inc
    60.00%

Dividends

20274×
0.50Nov 12, 20270.50Aug 13, 20270.50May 14, 20270.50Feb 12, 2027
20264×
0.50Nov 13, 20260.50Aug 14, 20260.50May 14, 20260.50Feb 13, 2026
20254×
0.50Nov 14, 20250.50Aug 14, 20250.50May 14, 20250.50Feb 14, 2025
20244×
0.50Nov 14, 20240.50Aug 14, 20240.50May 13, 20240.50Feb 13, 2024
20234×
0.50Nov 13, 20230.50Aug 11, 20230.50May 11, 20230.50Feb 13, 2023
20224×
0.50Nov 10, 20220.50Aug 11, 20220.50May 12, 20220.50Feb 11, 2022

Stock Splits

  • Jan 14, 20201:10