Air T has been growing earnings at an average annual rate of 27.4%, while the Logistics industry saw earnings declining at 1.9% annually. Revenues have been growing at an average rate of 12.2% per year. Air T's return on equity is 92.8%, and it has net margins of 23.8%.
Key information
27.41%
Earnings growth rate
28.36%
EPS growth rate
Logistics Industry Growth
19.04%
Revenue growth rate
12.20%
Return on equity
92.80%
Net Margin
23.84%
Last Earnings Update
31 Mar 2026
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Air T makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NasdaqGM:AIRT.P Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
327
78
81
0
31 Dec 25
272
-7
65
0
30 Sep 25
279
-6
63
0
30 Jun 25
296
-7
58
0
31 Mar 25
292
-6
58
0
31 Dec 24
298
-1
56
0
30 Sep 24
284
-2
55
0
30 Jun 24
282
-7
54
0
31 Mar 24
287
-7
51
0
31 Dec 23
289
-14
47
0
30 Sep 23
286
-12
45
0
30 Jun 23
268
-11
43
0
31 Mar 23
247
-12
43
0
31 Dec 22
224
1
38
0
30 Sep 22
208
0
35
0
30 Jun 22
191
9
33
0
31 Mar 22
177
11
30
0
31 Dec 21
172
1
35
0
30 Sep 21
183
4
34
0
30 Jun 21
175
-6
35
0
31 Mar 21
175
-7
34
0
31 Dec 20
194
-1
36
0
30 Sep 20
211
-3
37
0
30 Jun 20
227
-3
38
0
31 Mar 20
237
0
40
0
31 Dec 19
239
1
38
0
30 Sep 19
221
-1
37
0
30 Jun 19
211
1
36
0
31 Mar 19
216
2
34
0
31 Dec 18
202
2
32
0
30 Sep 18
191
3
31
0
30 Jun 18
199
4
30
0
31 Mar 18
195
2
29
0
31 Dec 17
185
1
27
0
30 Sep 17
176
3
25
0
30 Jun 17
166
4
23
1
31 Mar 17
148
-3
22
1
31 Dec 16
139
-5
22
1
30 Sep 16
150
-3
22
2
30 Jun 16
156
-1
20
1
31 Mar 16
148
4
18
1
31 Dec 15
139
5
16
0
30 Sep 15
123
4
15
0
Quality Earnings: AIRT.P has a high level of non-cash earnings.
Growing Profit Margin: AIRT.P became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AIRT.P has become profitable over the past 5 years, growing earnings by 27.4% per year.
Accelerating Growth: AIRT.P has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AIRT.P has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (-1%).
Return on Equity
High ROE: Whilst AIRT.P's Return on Equity (92.8%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 02:00
End of Day Share Price
2026/07/06 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Air T, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.