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Air T AIRT Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount

Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount at other companies

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Radiant LogisticsRLGT
$154K+312%

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

Reported directly by Air T in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxReconciliationStateAndLocalIncomeTaxes.

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 effective income tax rate reconciliation, state and local income taxes, amount?
Air T (AIRT) reported effective income tax rate reconciliation, state and local income taxes, amount of $28K in Q1 2026.
What is the long-term trend for Air T's effective income tax rate reconciliation, state and local income taxes, amount?
Over 2 years (2022 to 2026), Air T's effective income tax rate reconciliation, state and local income taxes, amount has grown at a -20.5% compound annual growth rate (CAGR), from $177K to $112K.
What does effective income tax rate reconciliation, state and local income taxes, amount mean?
Represents the specific reconciliation adjustment for state and local income taxes within the effective tax rate analysis. It isolates the impact of regional tax regimes on the overall corporate tax burden.