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Air T AIRT Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Operating margin-3.5%0.4%+2.3pp-1.9%
Net margin23.8%+25.9pp-2.1%+0.3pp-2.4%+2.6pp-5%-11.1pp
EBITDA margin0.2%-0.8pp1%-0.4pp1.4%+1.6pp-0.2%
Free cash flow margin-12.7%-20.4pp7.7%
Returns
Return on assets26.8%+30.3pp-3.5%+0.2pp-3.7%+2.5pp-6.2%
Return on invested capital-12.2%-11.1pp-1.1%-2.1pp1%+4.0pp-3%
Efficiency
Asset turnover1.1×-0.5×1.7×+0.1×1.6×+0.3×1.2×
Liquidity
Current ratio1.7×0.0×1.6×-0.5×2.2×+0.4×1.8×-2.3×
Quick ratio0.9×+0.1×0.7×-0.1×0.8×+0.2×0.7×-1.0×
Cash ratio0.2×+0.1×0.1×0.0×0.2×+0.1×0.1×-0.2×
Leverage
Debt-to-equity0.2×26.2×+14.7×11.6×+5.7×
Debt-to-assets-0.7×0.7×0.0×0.7×0.0×0.7×0.0×
Net debt / EBITDA-6.4×-45.0×38.7×+9.8×28.9×
Interest coverage-1×-0.8×-0.2×-0.3×0.2×+0.8×-0.6×
Per Share
Book value per share$29.53+2,625%-$1.17-169%$1.69-59.5%$4.18-50.9%
Valuation
Market capitalization$71.46M+28.1%$46.07M-26.5%$62.65M-10.5%$70.01M+7.4%
Enterprise value$66.72M-64.4%$163.86M-9.0%$180.01M-10.2%$200.44M-0.2%
Price / earnings0.9×
Price / sales0.2×0.0×0.2×-0.1×0.2×-0.1×0.3×-0.1×
Price / book13.1×+7.3×5.9×+3.2×
EV / EBITDA98.4×+53.7×53.8×+9.5×44.3×
EV / sales0.2×-0.5×0.6×-0.1×0.6×-0.2×0.8×-0.3×
Free cash flow yield-53.3%-88.4pp48.7%
Earnings yield100.2%+112pp-13.3%-2.4pp-10.9%+6.7pp-17.6%-34.3pp

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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.