Air T (AIRT) Stock Price

Air T Price

NASDAQ·CLOSED
27.16USD+0.00 (+0.00 %)
Market closed

Revenue has compounded at 8.7% per year over the past 19 years to 327.09 M USD. Earnings per share have grown at 21.8% per year over the last 19 years. Air T's net margin stands at 23.8%, up from 6.2% several years earlier. Air T currently offers a dividend yield of about 0.74%. The payout ratio is around 39% of earnings. Over the past year Air T shares have gained 15.5%. The stock trades about 48% above its 52-week low.

Air T stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Air T over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Air T stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Air T's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Air T Stock Price History
DateAir T Price
7/29/202627.16 USD
7/28/202627.16 USD
7/27/202627.80 USD
7/23/202627.52 USD
7/22/202627.10 USD
7/21/202626.72 USD
7/20/202626.60 USD
7/17/202627.02 USD
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7/15/202627.50 USD
7/14/202627.13 USD
7/13/202628.40 USD
7/10/202627.08 USD
7/9/202626.99 USD
7/8/202627.48 USD
7/7/202628.00 USD
7/6/202631.99 USD
7/2/202628.87 USD
7/1/202625.35 USD
6/30/202626.50 USD
6/29/202623.61 USD
6/26/202624.08 USD
6/25/202622.11 USD
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8/28/202521.88 USD
8/27/202523.11 USD
8/26/202523.11 USD
8/25/202522.64 USD
8/24/202522.64 USD
8/21/202524.25 USD
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8/19/202523.00 USD
8/18/202522.53 USD
8/17/202521.98 USD
8/14/202522.05 USD
8/13/202521.88 USD
8/12/202521.40 USD
8/11/202521.51 USD
8/10/202521.96 USD
8/7/202521.07 USD
8/6/202521.65 USD
8/5/202522.85 USD
8/4/202522.25 USD
8/3/202522.25 USD
7/31/202524.00 USD
7/30/202522.91 USD
Access this data via the Eulerpool API

Air T Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
249.83 M USD
8.06 M USD
1.34 M USD
Jan 1, 2020
236.79 M USD
7.29 M USD
7.66 M USD
Jan 1, 2021
175.12 M USD
-9.18 M USD
-7.28 M USD
Jan 1, 2022
177.08 M USD
8.76 M USD
10.93 M USD
Jan 1, 2023
247.32 M USD
-4.41 M USD
-12.30 M USD
Jan 1, 2024
286.83 M USD
1.26 M USD
-6.82 M USD
Jan 1, 2025
291.85 M USD
1.91 M USD
-6.14 M USD
Jan 1, 2026
327.09 M USD
98.06 M USD
77.98 M USD

Air T Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 30, 2026, 9:07 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2011201220132014201520162017201820192020202120222023202420252026
83.0089.00103.00100.00112.00148.00148.00194.00249.00236.00175.00177.00247.00286.00291.00327.00
2.477.2315.73-2.9112.0032.1431.0828.35-5.22-25.851.1439.5515.791.7512.37
16.8714.6114.5615.0014.2916.2213.5117.0118.4719.9217.7122.0319.4318.1820.6218.65
14.0013.0015.0015.0016.0024.0020.0033.0046.0047.0031.0039.0048.0052.0060.0061.00
3.002.002.002.003.006.00-3.004.008.007.00-9.008.00-4.001.001.0098.00
3.612.251.942.002.684.05-2.032.063.212.97-5.144.52-1.620.350.3429.97
2.001.001.001.002.004.00-3.002.001.007.00-7.0010.00-12.00-6.00-6.0077.00
-33.33-50.00100.00100.00-175.00-166.67-50.00600.00-200.00-242.86-220.00-50.00-1,383.33
0.250.250.300.20
-24.2420.00-33.33
3.673.673.663.573.603.073.063.042.972.892.882.842.822.762.702.70
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Air T generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Air T retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Air T's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Air T has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Air T's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Air T stock margins

The Air T margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Air T. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Air T.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
18.60 %
3.23 %
0.54 %
Jan 1, 2020
19.87 %
3.08 %
3.23 %
Jan 1, 2021
18.09 %
-5.24 %
-4.16 %
Jan 1, 2022
22.24 %
4.94 %
6.17 %
Jan 1, 2023
19.74 %
-1.78 %
-4.97 %
Jan 1, 2024
18.26 %
0.44 %
-2.38 %
Jan 1, 2025
20.62 %
0.65 %
-2.10 %
Jan 1, 2026
18.94 %
29.98 %
23.84 %

Air T Stock Revenue, EBIT, Earnings per Share

The Air T earnings per share therefore indicates how much revenue Air T has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
84.03 USD
2.71 USD
0.45 USD
Jan 1, 2020
82.02 USD
2.53 USD
2.65 USD
Jan 1, 2021
60.76 USD
-3.18 USD
-2.52 USD
Jan 1, 2022
62.44 USD
3.09 USD
3.85 USD
Jan 1, 2023
87.64 USD
-1.56 USD
-4.36 USD
Jan 1, 2024
104.08 USD
0.46 USD
-2.47 USD
Jan 1, 2025
107.97 USD
0.71 USD
-2.27 USD
Jan 1, 2026
121.01 USD
36.28 USD
28.85 USD

Air T business model & stock analysis

The company Air T Inc is a US-American company specialising in air freight and aircraft maintenance services, founded in 1980. The company is headquartered in Maiden, North Carolina, and has branches in various states of the USA. Air T Inc began as a small company specialising in the rental of air freight containers. However, over the years, the company has expanded and diversified. Today, Air T Inc offers a wide range of air freight and aircraft maintenance services for various industries, including aviation, logistics, agriculture, and energy. The business models of Air T Inc are based on three business areas: Air Cargo Services, Ground Equipment Sales, and Aircraft Maintenance and Related Services. Air Cargo Services: Air T Inc offers a variety of air cargo services, including charter flights, aircraft handling, freight forwarding services, and the rental of air freight containers. The company works with various airlines and logistics companies to enable fast and secure delivery of cargo worldwide. Ground Equipment Sales: Air T Inc is also involved in the rental and sale of ground equipment for aviation companies. The company offers a wide range of ground equipment, such as baggage carts, tractors, loading and unloading devices, fuel supply facilities, and air conditioning units. These devices are essential for the operation of airports and airlines. Aircraft Maintenance and Related Services: Air T Inc also offers maintenance and repair services for aircraft approved by the Federal Aviation Administration (FAA). The company is able to provide a variety of services, including aircraft maintenance and repair, aircraft modification and overhaul, structural repair and overhaul, avionics installation and repair, as well as engine repair and overhaul. Air T Inc has also been engaged in the use of renewable energy and the agricultural industry. The company has installed solar power systems in various states of the USA and offers specialised fertilisers for farmers. Overall, over the years, Air T Inc has developed into a versatile and customer-oriented company, offering high-quality services to its customers and constantly seeking new business opportunities and growth.

Air T SWOT Analysis

Strengths

1. Strong market position: Air T Inc holds a significant market share in the aviation industry.

2. Diversified service portfolio: The company provides various aviation-related services, including aircraft ground support, cargo handling, and aircraft maintenance.

Weaknesses

1. Dependency on key customers: Air T Inc relies heavily on a few major clients for a significant portion of its revenue, which poses a potential risk if relationships are compromised.

2. High operating costs: The aviation industry is inherently cost-intensive, and Air T Inc may face challenges in maintaining profitability due to rising fuel prices and operational expenses.

Opportunities

1. Growing air cargo demand: With the global increase in e-commerce and international trade, there is an opportunity for Air T Inc to expand its cargo handling services and tap into the growing air cargo market.

2. Technological advancements: Embracing new technologies such as automation, data analytics, and artificial intelligence can enhance operational efficiency and provide a competitive edge for Air T Inc.

Threats

1. Intense competition: The aviation industry is fiercely competitive, and Air T Inc faces threats from other established players as well as new entrants offering similar services.

2. Regulatory challenges: Compliance with stringent aviation regulations and safety standards can pose challenges and potentially impact the company's operations.

Air T Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Air T historical P/E ratio, EBIT multiple, and P/S ratio

Air T annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Air T shares outstanding

The number of shares of Air T was 2.7 M in 2025. This indicates how many shares Air T is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
2.97 M Stocks
Jan 1, 2020
2.89 M Stocks
Jan 1, 2021
2.88 M Stocks
Jan 1, 2022
2.84 M Stocks
Jan 1, 2023
2.82 M Stocks
Jan 1, 2024
2.76 M Stocks
Jan 1, 2025
2.70 M Stocks
Jan 1, 2026
2.70 M Stocks

Air T stock splits

In Air T's history, there have been no stock splits.

Air T Dividend History

20 years of dividend payments

YearAnnual DividendYoY ChangePayments
20140.20USD 33.3%
20130.30USD 20.0%
20120.25USD 0.0%
20110.25USD 24.2%
20100.33USD 0.0%
20090.33USD 10.0%
20080.30USD 20.0%
20070.25USD 0.0%
20060.25USD 0.0%
20050.25USD 25.0%

Air T dividend payout ratio

In 2025, Air T had a payout ratio of 41.80%. The payout ratio indicates the percentage of the company's profits that Air T distributes as dividends.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2019
41.80 %
Jan 1, 2020
41.73 %
Jan 1, 2021
41.86 %
Jan 1, 2022
41.80 %
Jan 1, 2023
41.80 %
Jan 1, 2024
41.82 %
Jan 1, 2025
41.80 %
Jan 1, 2026
41.81 %
Price targets and forecasts for Air T are not yet available.

Air T shareholder structure

% Name
48.55527%
Swenson (Nicholas John)
Swenson (Nicholas John)
16.83742%
Farnam Street Capital, Inc.
Farnam Street Capital, Inc.
3.99676%
Renaissance Technologies LLC
Renaissance Technologies LLC
1.74007%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.20749%
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith Barney LLC
0.75076%
Cabillot (Raymond E)
Cabillot (Raymond E)

Air T Executives and Management Board

TK

Mrs. Tracy Kennedy

(35)

Chief Financial Officer, Principal Accounting Officer, Treasurer

Compensation180,389.00 USD
TS

Mr. Travis Swenson

(47)

Independent Director

Compensation54,450.00 USD
RC

Mr. Raymond Cabillot

(62)

Lead Independent Director

Compensation51,000.00 USD
NS

Mr. Nicholas Swenson

(56)

Chairman of the Board, President, Chief Executive Officer · since 2012

Compensation50,000.00 USD
PM

Mr. Peter McClung

(55)

Independent Director

Compensation45,000.00 USD

Frequently asked questions about Air T

Air T Inc is a diversified holding company that operates through its subsidiaries in various industries, including overnight air cargo, ground equipment sales, and services, aviation ground support equipment, and maintenance services, and logistics. The company was founded in 1980 and is based in Maiden, North Carolina. Air T Inc has a rich history of providing reliable and innovative solutions in the transportation and logistics sector. With a commitment to excellence and customer satisfaction, Air T Inc continues to expand its presence and deliver value to its stakeholders.

All fundamentals and in-depth analysis of Air T

Our stock analysis for Air T stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Air T. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.