What is Air T's asset turnover?

Air T (AIRT) reported asset turnover of 1.1× in Q1 2026.

How has Air T's asset turnover changed year-over-year?

Air T's asset turnover decreased by 32.5% year-over-year, from 1.7× to 1.1×.

What is the long-term trend for Air T's asset turnover?

Over 3 years (2023 to 2026), Air T's asset turnover has grown at a -3.4% compound annual growth rate (CAGR), from 1.2× to 1.1×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Air T AIRT Asset turnover

Asset turnover at other companies

AAR CorpAIR

1×-0.1×

AerSale CorporationASLE

0.5×0.0×

VSE CorporationVSEC

0.5×-0.1×

FTAI Aviation Ltd.FTAI

0.6×+0.1×

Willis Lease FinanceWLFC

0.2×0.0×

Frontier Group Holdings, Inc.ULCC

0.6×-0.1×

Other financials

Income statement

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Revenue$120.9M+82.4%

Operating income-$13.8M—

Net income$77.7M+1,206%

EPS (diluted)$28.75+1,227%

Balance sheet

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Cash & equivalents$20.3M+201%

Total debt$15.6M-87.5%

Total equity$79.8M+2,582%

Total assets$409.1M+135%

Cash flow

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Operating cash flow-$44.0K-101%

CapEx$15.3M+10,139%

Free cash flow-$15.3M-485%

Valuation

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Market cap$71.46M+17.6%

Enterprise value$66.72M-67.5%

P/E0.9×—

P/S0.2×0.0×

Profitability

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Operating margin-3.5%—

Net margin23.8%+22.1pp

FCF margin-12.7%-20.4pp

Returns & leverage

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Return on equity-157.8%-201pp

Debt / equity0.2×—

Current ratio1.7×0.0×

Where this comes from

Calculated from Air T’s reported figures.

total revenue/total assets=1.1×

Based on trailing twelve months.

The official record: Air T’s 10-K, filed June 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air T's asset turnover?: Air T (AIRT) reported asset turnover of 1.1× in Q1 2026.
How has Air T's asset turnover changed year-over-year?: Air T's asset turnover decreased by 32.5% year-over-year, from 1.7× to 1.1×.
What is the long-term trend for Air T's asset turnover?: Over 3 years (2023 to 2026), Air T's asset turnover has grown at a -3.4% compound annual growth rate (CAGR), from 1.2× to 1.1×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.