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$32.07
+49.86% 1Y
Mkt Cap$86.48M
P/E1.36
P/B1.26
52W High$34.26
52W Low$18.35
Book Value$24.22
EPS (TTM)$23.60

Company Overview

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.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 27.1% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 1.4, below the sector median of 26.0.

Healthy Margins

Maintains a net profit margin of 17.2%.

Recent Developments

  • Mar 2026 Revenue of $327.09M (+12.1% YoY); net profit $77.98M.
  • Trailing 12 Months Year-on-year growth — revenue +62.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR 9.5%, profit CAGR 27.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:9.54%
1 Year:62.90%

Compounded Profit Growth

5 Years:27.10%
1 Year:-

Stock Price Performance

1 Year:+49.86%
6 Months:+52.71%
3 Months:+42.47%
1 Month:+0.22%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 86% of range
$18.35 $34.26
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)55.61 · Neutral
Price Performance
1M+0.22%
3M+42.47%
6M+52.71%
1Y+49.86%
Valuation vs Sector

P/E of 1.36 is below the sector median of 26.00 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Profit CAGR of 27.1% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
1.36
Industry PE
26.00
Forward P/E est.
1.07
PEG Ratio
-
Book Value
$24.22
Price to Book
1.26
P/S
0.22
EV/EBITDA
-42.41
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
9.54%
Profit 5Y
27.10%
Revenue (YoY)
62.90%
Earnings (YoY)
-

Profitability & Returns

ROCE
-3.57%
ROE
-
ROA
-5.54%
Profit Margin
17.17%
Op Margin
-8.55%
Gross Margin
22.66%
EPS (Latest Qtr)
$-0.91
EPS (TTM)
$23.60

Balance Sheet & Liquidity

Debt/Equity
3.18
Quick Ratio
0.47
Current Ratio
1.43
Debt
$264.78M
Total Assets
$409.12M
Current Assets
$159.98M
Working Capital
$64.45M

Ownership

Promoter Holding
50.51%
Chg in Prom Hold
-0.28%
FII / Inst Holding
24.27%
Chg in FII Hold
-0.13%

Financial Snapshot

Enterprise Value
$86.48M
Total Revenue (TTM)
$371.68M
EBITDA
$-8.27M
Free Cash Flow
$-47.28M
Operating Cash Flow
$-26.78M
Shares Outstanding
2.70M
Gross Margin
22.66%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AIRT Air T, Inc. 32.07 1.36 $86.48M 0.00% -3.57% - 9.54% 27.10%
2 SPCX Space Exploration Technologies Corp. R3KAIDEFENCE 153.47 -139.52 $1.16T 0.00% -3.22% -11.95% 34.08% -3.34%
3 CAT Caterpillar Inc. SPXR3K 822.48 35.47 $378.07B 0.79% 17.98% 56.97% 2.29% 5.24%
4 GE GE Aerospace SPXR3KDEFENCE 334.91 39.40 $347.49B 0.60% 9.52% 48.23% -7.42% -5.36%
5 RTX RTX Corporation SPXR3KDEFENCE 198.81 35.06 $267.95B 1.51% 8.28% 12.27% 2.61% 2.62%
6 GEV GE Vernova Inc. SPXR3KAI 971.31 27.86 $258.69B 0.22% 6.30% 82.58% 8.68% -
7 DE Deere & Company SPXR3K 680.73 37.88 $183.54B 0.95% 12.53% 18.24% 3.43% 5.10%
8 UNP Union Pacific Corporation SPXR3K 288.45 23.38 $171.36B 2.01% 15.22% 39.70% 2.30% 7.77%
9 BA The Boeing Company SPXR3KDEFENCE 210.73 75.80 $166.43B 0.00% -9.01% - 1.67% -3.28%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Jun 2025Sep 2025Dec 2025
Revenue -----------60.87M40.87M55.49M-55.70M50.69M73.30M-36.97M35.60M--36.97M----------66.41M81.24M77.88M70.87M64.15M71.13M
Operating Income 5.50M3.89M-2.31M-7.07M1.02M1.64M1.31M2.21M476.00K552.00K1.00M2.60M-879.00K1.86M5.62M998.00K466.00K3.72M--266.00K-3.68M1.07M--4.00K704.00K25.00K-834.00K179.00K135.00K-658.00K761.00K-1.61M-577.00K3.62M1.42M446.00K5.51M-3.78M
Net Income 3.79M2.73M-1.37M-5.75M1.08M1.22M233.00K968.00K422.00K-672.00K1.56M2.83M-1.32M-2.71M2.55M1.78M5.71M-430.00K--841.00K-2.92M2.10M-289.00K7.55M-1.26M4.35M-1.43M-1.23M-590.00K-9.04M-531.00K-1.61M-2.98M-335.00K2.52M-1.30M-1.64M4.36M-2.45M
Diluted EPS 1.581.14-0.57-2.420.530.600.110.470.21-0.330.760.92-0.43-0.890.840.791.88-0.140.20-0.29-1.010.73-1.960.102.60-0.44--0.50-0.43-0.21--0.19-0.57-1.06-0.120.91-0.47-0.611.61-0.91
R&D Expense 0216.00K-510.96K239.92K107.60K-195.65K--------------------------------

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 83.36M89.38M103.06M100.77M112.18M148.21M148.47M194.52M215.50M236.78M175.12M177.08M247.32M286.83M291.85M327.09M
Operating Income 3.44M2.07M2.73M2.63M3.42M6.03M-3.10M4.25M9.33M7.29M-9.18M8.76M-4.41M1.26M1.91M-11.20M
Net Income 2.14M1.35M1.67M1.47M2.48M4.41M-3.21M2.28M1.34M7.66M-7.28M10.93M-12.29M-6.82M-6.14M77.98M
Diluted EPS 0.870.550.680.601.041.84-1.511.110.442.73-2.533.78-4.32-2.42-2.2328.85
R&D Expense ----0777.94K1.04M195.65K--------

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -34.22M35.08M36.05M37.22M43.46M52.15M65.34M97.15M115.14M151.43M140.75M207.60M189.56M177.17M173.78M409.12M
Total Equity 24.90M26.24M27.05M28.12M27.36M29.80M34.23M22.97M25.12M24.36M24.01M13.72M24.61M11.90M4.77M-3.22M79.81M
Cash & Equivalents 9.78M6.52M5.81M9.20M3.51M13.39M5.35M2.76M4.80M12.42M5.95M11.00M5.62M5.81M7.10M5.93M20.33M
Long Term Debt ----05.00M--48.08M57.65M85.82M87.50M135.81M125.08M112.93M110.33M208.20M
Total Liabilities ------16.88M41.73M70.91M86.31M120.34M119.44M171.12M163.87M158.37M168.24M317.90M
Current Liabilities -7.98M7.97M7.86M9.02M8.25M15.72M20.27M31.18M52.79M67.75M28.18M30.91M64.29M46.84M47.66M95.52M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -4.52M-752.27K4.36M-554.61K6.84M3.21M-7.55M-277.84K20.94M-25.07M-1.82M-33.08M16.91M17.18M23.50M-25.04M
Investing Cash Flow 2.07M-905.50K-367.05K-2.70M-1.98M-5.27M-3.70M-27.04M-23.00M8.61M2.52M-33.39M-6.17M-2.50M-20.19M-21.80M
Financing Cash Flow -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 Expenditure -255.52K-1.00M-375.05K-1.28M-799.67K-1.25M-2.35M-2.12M-1.17M-2.44M-3.90M-1.53M-1.18M-1.08M-1.08M-16.48M
Free Cash Flow -4.77M-1.75M3.99M-1.84M6.04M1.97M-9.90M-2.40M19.77M-27.51M-5.72M-34.61M15.73M16.10M22.41M-41.53M
Share Buybacks ---1.08M--7.92M-744.17K----876.00K1.45M28.00K
Dividends Paid 802.34K611.57K611.57K733.88K------------

Ratios (Annual)

Figures in %.

Metric Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ----------------
Operating Margin % 4.1%2.3%2.6%2.6%3.0%4.1%-2.1%2.2%4.3%3.1%-5.2%4.9%-1.8%0.4%0.7%-3.4%
Net Margin % 2.6%1.5%1.6%1.5%2.2%3.0%-2.2%1.2%0.6%3.2%-4.2%6.2%-5.0%-2.4%-2.1%23.8%
ROE % 8.1%5.0%5.9%5.4%8.3%12.9%-14.0%9.1%5.5%31.9%-53.0%44.4%-103.3%-143.0%190.9%97.7%
ROCE % 13.1%7.6%9.7%9.3%9.7%16.6%-6.9%6.4%15.0%8.7%-8.2%5.0%-3.5%1.0%1.5%-3.6%

Shareholding Pattern

Insiders
50.51%
Institutions
24.27%
Public Float
49.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 Renaissance Technologies, LLC 3.86% 103.41K $3.21M
2 Vanguard Capital Management LLC 1.58% 42.42K $1.31M
3 Morgan Stanley 1.16% 31.21K $967.39K
4 Geode Capital Management, LLC 0.42% 11.26K $349.12K
5 Vanguard Fiduciary Trust Co 0.18% 4.83K $149.82K
6 Blackrock Inc. 0.17% 4.58K $142.07K
7 Royal Bank of Canada 0.10% 2.60K $80.60K
8 UBS Group AG 0.06% 1.50K $46.50K
9 CWM, LLC 0.04% 979 $30.35K
10 Tower Research Capital LLC (TRC) 0.02% 655 $20.30K

Analyst View

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Latest News

Recent headlines for AIRT

Yahoo Finance hu, 03 Sep 2026

Air T Gains Nearly 45% in Three Months: What's Driving the Stock?

AIRT is benefiting from Rex and Crestone expansion and digital growth, but aircraft availability and weakness in some aviation businesses remain challenges.

Yahoo Finance ue, 25 Aug 2026

Air T Shareholders Approve Board, Pay and Deloitte as Rex Engine Constraints Persist

Air T (NASDAQ:AIRT) shareholders approved all matters presented at the company’s 2026 annual meeting, including the election of five directors, an advisory vote on executive compensation and the ratification of Deloitte & Touche as its inde…

Yahoo Finance Mon, 29 Jun 2026

Air T, Inc. Reports Fiscal 2026 Results

CHARLOTTE, NC / ACCESS Newswire / June 29, 2026 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate c…

Yahoo Finance ue, 16 Jun 2026

Crestone Air Partners, an Air T Business, Completes Acquisition of Arena Aviation Capital, Surpassing $3.6 Billion in Assets Under Management

Milestone reflects Air T's permanent-capital, buy-to-build model and the momentum of its networked aviation portfolio MINNEAPOLIS, MN / ACCESS Newswire / June 16, 2026 / Air T, Inc. (NASDAQ:AIRT) today announced that its majority owned busi…

Yahoo Finance Fri, 14 Aug 2026

Air T, Inc. Continues Track Record of Growth in First Quarter Fiscal 2027: Crestone Completes Acquisition of Arena

MINNEAPOLIS, MN / ACCESS Newswire / August 14, 2026 / Air T, Inc. (NASDAQ:AIRT) today reported results for its fiscal 2027 first quarter ended June 30, 2026. Revenues totaled $115.5 million for the quarter ended June 30, 2026, an increase o…

Yahoo Finance Mon, 16 Mar 2026

The Zacks Analyst Blog Highlights Alphabet, Cisco Systems, PepsiCo, Village Super Market and Air T

Alphabet, Cisco Systems and PepsiCo headline new analyst reports as AI growth, cloud demand and international expansion drive momentum.

AIRT — Frequently Asked Questions

What is the current share price of Air T, Inc. (AIRT)?

As of 2026-09-19 21:16 PDT, Air T, Inc. (AIRT) trades at $32.07 on NasdaqCM. Its 52-week range is $18.35 to $34.26.

What is the market capitalisation of AIRT?

Air T, Inc. (AIRT) has a market capitalisation of $86.48M on NasdaqCM.

What is the P/E ratio of AIRT?

AIRT trades at a trailing price-to-earnings (P/E) ratio of 1.36. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 1.26.

Is AIRT a good stock to buy?

This page provides a data-driven analysis of Air T, Inc. (AIRT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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