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Air T AIRT Ratios & Valuation

Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Operating margin-3.5%
Net margin23.8%+25.9pp-2.5%-2.2pp-2%-1.1pp-2.5%-0.2pp-2.1%+0.3pp
EBITDA margin0.2%-0.8pp0.5%-2.7pp2.3%+0.2pp1.6%+0.5pp1%-0.4pp
Free cash flow margin-12.7%-20.4pp-8.2%4.7%7.2%7.7%
Returns
Return on assets26.8%+30.3pp-2.4%-1.9pp-2.9%-4.1%-0.4pp-3.5%+0.2pp
Return on invested capital-12.2%-11.1pp-2.2%-6.4pp1%-0.2%-0.2pp-1.1%-2.1pp
Efficiency
Asset turnover1.1×-0.5×-0.7×1.5×1.6×+0.1×1.7×+0.1×
Liquidity
Current ratio1.7×0.0×-0.9×2.1×-0.2×1.9×-0.3×1.6×-0.5×
Quick ratio0.9×+0.1×0.5×-0.4×0.9×-0.1×+0.2×0.7×-0.1×
Cash ratio0.2×+0.1×0.3×-0.1×0.4×+0.2×0.3×+0.1×0.1×0.0×
Leverage
Debt-to-equity0.2×2,244.9×+2,219×
Debt-to-assets-0.7×0.6×-0.2×0.8×-0.1×0.8×0.0×0.7×0.0×
Net debt / EBITDA-6.4×-45.0×135.6×+122×21.6×-6.9×31.5×-17.4×38.7×+9.8×
Interest coverage-1×-0.8×-0.4×-1.1×0.2×-0.2×-0×0.0×-0.2×-0.3×
Per Share
Book value per share$29.53+2,625%-$0.43-123%$0.03-99.0%-$1.71-215%-$1.17-169%
Valuation
Market capitalization$71.46M+17.6%$51.62M-6.3%$64.11M+43.7%$52.64M-11.1%$46.07M-26.5%
Enterprise value$66.72M-67.5%$243.12M+29.0%$201.22M-6.6%$197.32M-1.7%$163.86M-9.0%
Price / earnings0.9×
Price / sales0.2×0.0×0.2×0.0×0.2×+0.1×0.2×0.0×0.2×-0.1×
Price / book0.9×929.1×+923×
EV / EBITDA89.8×+45.1×172.2×+153×31.6×-4.2×43×-26.4×53.8×+9.5×
EV / sales0.2×-0.5×0.9×+0.3×0.7×0.0×0.7×0.0×0.6×-0.1×
Free cash flow yield-58.1%-93.2pp-43.1%20.3%40.5%48.7%
Earnings yield109.1%+121pp-13.1%-11.6pp-8.7%-3.2pp-14.1%-2.9pp-13.3%-2.4pp

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Questions, answered.

Where do Air T's ratios come from?
Every ratio is computed from Air T's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.