What is Air T's net margin?

Air T (AIRT) reported net margin of 23.8% in Q1 2026.

How has Air T's net margin changed year-over-year?

Air T's net margin increased by 1233.3% year-over-year, from -2.1% to 23.8%.

What is the long-term trend for Air T's net margin?

Over 4 years (2022 to 2026), Air T's net margin has grown at a 40.2% compound annual growth rate (CAGR), from 6.2% to 23.8%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Air T AIRT Net margin

Net margin at other companies

AAR CorpAIR

5.5%+5.1pp

AerSale CorporationASLE

3.1%+2.2pp

VSE CorporationVSEC

4.2%+2.7pp

FTAI Aviation Ltd.FTAI

18.9%+15.2pp

Willis Lease FinanceWLFC

15.9%-1.3pp

Frontier Group Holdings, Inc.ULCC

-3.6%-3.8pp

Other financials

Income statement

See full

Revenue$120.9M+82.4%

Operating income-$13.8M—

Net income$77.7M+1,206%

EPS (diluted)$28.75+1,227%

Balance sheet

See full

Cash & equivalents$20.3M+201%

Total debt$15.6M-87.5%

Total equity$79.8M+2,582%

Total assets$409.1M+135%

Cash flow

See full

Operating cash flow-$44.0K-101%

CapEx$15.3M+10,139%

Free cash flow-$15.3M-485%

Valuation

See full

Market cap$71.46M+17.6%

Enterprise value$66.72M-67.5%

P/E0.9×—

P/S0.2×0.0×

Profitability

See full

Operating margin-3.5%—

FCF margin-12.7%-20.4pp

Returns & leverage

See full

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.

net income/total revenue=23.8%

Based on trailing twelve months.

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

Ask your AI about Air T's net margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Air T's net margin?: Air T (AIRT) reported net margin of 23.8% in Q1 2026.
How has Air T's net margin changed year-over-year?: Air T's net margin increased by 1233.3% year-over-year, from -2.1% to 23.8%.
What is the long-term trend for Air T's net margin?: Over 4 years (2022 to 2026), Air T's net margin has grown at a 40.2% compound annual growth rate (CAGR), from 6.2% to 23.8%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.