AIRT
Air T, Inc.
There isn't enough reported data to score AIRT yet.
AIRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Weak | |
| Weak |
AIRT's revenue is currently strong, and its profitability is stable, but its cash flow and balance sheet are weak.
AIRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.3x | $30.19 | — |
| Cheap | 3.4x | $80.81 | +168% |
| Fair | 7.2x | $169 | +460% |
| Expensive | 68x | $1,597 | +5191% |
Historical ranges are pointers, not guarantees.
AIRT's PE is 1.3x, but its earnings don't support one, so it isn't a reliable read right now.
AIRT Forward outlook
There aren't enough analyst estimates for AIRT to show an outlook.
AIRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $23.60 | +$26.32 |
| Q1 2026 | $28.85 | +$31.08 |
| Q4 2025 | -$2.46 | -$2.18 |
| Q3 2025 | -$2.02 | -$1.15 |
| Q2 2025 | -$2.72 | -$0.37 |
| Q1 2025 | -$2.23 | +$0.19 |
| Q4 2024 | -$0.28 | +$4.72 |
| Q3 2024 | -$0.87 | +$3.28 |
AIRT has returned to profit: it earned $23.60 per share over the past year, after losing money the year before.
AIRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $115.5M | +63% |
| Q1 2026 | $120.9M | +82% |
| Q4 2025 | $71.1M | -8.7% |
| Q3 2025 | $64.2M | -21% |
| Q2 2025 | $70.9M | +6.7% |
| Q1 2025 | $66.3M | -8.8% |
| Q4 2024 | $77.9M | +22% |
| Q3 2024 | $81.2M | +2.9% |
AIRT's revenue is growing: $115M last quarter, up 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -11% | -12 points |
| Q1 2026 | -11% | -6.5 points |
| Q4 2025 | -5.3% | -7.6 points |
| Q3 2025 | 8.6% | +3.8 points |
| Q2 2025 | 0.6% | +1.5 points |
| Q1 2025 | -4.9% | -6.9 points |
| Q4 2024 | 2.3% | +4.8 points |
| Q3 2024 | 4.8% | +3.8 points |
AIRT's operating margin was −11% last quarter, down 12 points from the same quarter a year ago, near the bottom of its range since 2019.
AIRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$24.2M | -$22.8M |
| Q1 2026 | -$15.3M | -485% |
| Q4 2025 | -$19.3M | -221% |
| Q3 2025 | -$5.6M | -309% |
| Q2 2025 | -$1.3M | -$1.1M |
| Q1 2025 | $4M | +$10.3M |
| Q4 2024 | $16M | +124% |
| Q3 2024 | $2.7M | -78% |
AIRT has burned cash in most quarters: −$64M over the past year, against $21M the year before.
AIRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -7K shares |
| 1 year | -0.3% | -7K shares |
| 3 years | -4.3% | -122K shares |
| 5 years | -6.7% | -194K shares |
| Available history | -11% | -333K shares |
AIRT has 3M diluted shares, about the same as a year ago.
AIRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 252.9x | High |
| Q4 2025 | 39.6x | High |
| Q3 2025 | 10.9x | High |
| Q2 2025 | 14.0x | High |
| Q1 2025 | 16.7x | High |
| Q4 2024 | 10.1x | High |
| Q3 2024 | 18.8x | High |
| Q2 2024 | 36.0x | High |
AIRT's net debt is more than 20 years of its operating earnings (EBITDA), up from 17 years a year ago.
AIRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.5 | Neutral |
| Stochastic | 32.5 | Neutral |
AIRT's weekly RSI is 58 (neutral) and its Stochastic is 33 (neutral).
AIRT PE vs Industrials Sector
| Metric | AIRT | Sector median | Relative |
|---|---|---|---|
| PE | 1.3x | 24x | 95% below |
| PE % | 9 | 58 | 49 pts below |
AIRT is trading at 1.3x earnings, a 95% discount to the Industrials sector's median of 24x, though its earnings don't support one.
AIRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.6 | 5.4% above |
| 20 week MA | $29.2 | 3.6% above |
| 50 week MA | $24.5 | 23% above |
| 100 week MA | $22.5 | 34% above |
| 200 week MA | $22.0 | 37% above |
AIRT is in an uptrend: it's above all five of its weekly moving averages, and 37% above its 200-week average.
AIRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.0 | $38.4 | +92% |
| 2021 | $38.4 | $24.1 | -37% |
| 2022 | $24.1 | $23.1 | -4.2% |
| 2023 | $23.1 | $16.9 | -27% |
| 2024 | $16.9 | $20.4 | +21% |
| 2025 | $20.4 | $19.3 | -5.6% |
| 2026 YTD | $19.3 | $30.2 | +57% |
AIRT is up 57% so far in 2026, after finishing lower in four of the previous six years.