Air T Stock (NASDAQ:AIRT)


RevenueOwnershipFinancialsChart

Previous Close

$19.67

52W Range

$12.53 - $30.60

50D Avg

$18.20

200D Avg

$21.49

Market Cap

$53.32M

Avg Vol (3M)

$20.26K

Beta

0.72

Div Yield

-

AIRT Company Profile


Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales 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 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 a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

Show More

Industry

Integrated Freight & Logistics

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

US

Employees

624

IPO Date

Apr 24, 1984

Website

AIRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceMar 24Mar 23Mar 22
Commercial Jet Engines Inventory Segment$125.53M$203.47M$57.69M
Corporate and Other$8.59M$13.12M$2.74M
Ground Equipment Sales Segment$37.17M$96.97M$42.24M
Overnight Air Cargo Segment$115.55M$181.09M-
Overnight Air Cargo--$74.41M

Fiscal year ends in Mar 24 | Currency in USD

AIRT Financial Summary


Mar 24Mar 23Mar 22
Revenue$286.83M$247.32M$177.08M
Operating Income$1.26M$4.43M$8.76M
Net Income$-6.82M$-11.79M$10.93M
EBITDA$6.74M$8.59M$12.54M
Basic EPS$-2.42$-4.14$3.79
Diluted EPS$-2.42$-4.14$3.78

Fiscal year ends in Mar 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 13Jun 04, 13 | 5:00 PM

Peer Comparison


TickerCompany
LSTRLandstar System, Inc.
EXPDExpeditors International of Washington, Inc.
JBHTJ.B. Hunt Transport Services, Inc.
HUBGHub Group, Inc.
FWRDForward Air Corporation
CHRWC.H. Robinson Worldwide, Inc.