This company has been acquired
Air Transport Services Group Management
Management criteria checks 2/4
Air Transport Services Group's CEO is Mike Berger, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is $1.91M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $3.43M. The average tenure of the management team and the board of directors is 1 years and 7.5 years respectively.
Key information
Mike Berger
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 27.40% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 1yr |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Air Transport Services Group Stock: It Is Really Time To Sell
Summary Stonepeak Capital's $3.1 billion acquisition offer for Air Transport Services Group, Inc. is fair, providing a 29.3% premium per share. The acquisition price of $22.50 per share is reasonable, but the 0.6% premium against 2024 earnings and 5% discount against 2025 earnings frustrated some shareholders. The go-shop period expired without another suitor, and the stock's performance lagged the S&P 500, validating my sell rating from November. With no better offers and minimal spread to close, selling ATSG stock now and redeploying funds elsewhere is the optimal strategy. Read the full article on Seeking AlphaNo Use Holding Air Transport Services Group Any Longer
Summary Air Transport Services Group shares surged 26.6% after announcing an all-cash buyout by Stonepeak at $22.50 per share, a 29.3% premium. Despite the premium, the buyout multiples seem underwhelming, but in the broader context, the deal seems appropriate. Given the fair valuation and limited upside potential, I recommend considering a soft 'sell' on ATSG stock, barring another buyout offer. Read the full article on Seeking AlphaHere's What's Concerning About Air Transport Services Group's (NASDAQ:ATSG) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Amazon Partnership And Fleet Expansion Propel Revenue And Earnings Growth
Expansion with Amazon and new Airbus 330 leases signal growth and diversification into international markets, boosting revenue prospects.When Should You Buy Air Transport Services Group, Inc. (NASDAQ:ATSG)?
While Air Transport Services Group, Inc. ( NASDAQ:ATSG ) might not have the largest market cap around , it saw a...Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity
Summary Air Transport Services Group faces declining revenues and fixed costs, but the air freight market shows signs of stabilization, potentially benefiting the company. Second quarter revenues fell 7.7%, with operating income dropping 55%, highlighting the challenge of reducing costs amid soft demand. Positive developments include a new contract with Amazon and updated guidance for 2024, reflecting lower CapEx and incremental earnings improvements. Despite a complex environment, the stock is upgraded to "Buy" with a price target of $22.35, driven by long-term e-commerce growth trends. Read the full article on Seeking AlphaIs There An Opportunity With Air Transport Services Group, Inc.'s (NASDAQ:ATSG) 22% Undervaluation?
Key Insights Air Transport Services Group's estimated fair value is US$20.00 based on 2 Stage Free Cash Flow to Equity...Earnings Tell The Story For Air Transport Services Group, Inc. (NASDAQ:ATSG) As Its Stock Soars 29%
The Air Transport Services Group, Inc. ( NASDAQ:ATSG ) share price has done very well over the last month, posting an...Should You Investigate Air Transport Services Group, Inc. (NASDAQ:ATSG) At US$12.39?
While Air Transport Services Group, Inc. ( NASDAQ:ATSG ) might not have the largest market cap around , it received a...What You Can Learn From Air Transport Services Group, Inc.'s (NASDAQ:ATSG) P/E
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...Why Is Air Transport Services Group Stock Up? Amazon Is The Answer
Summary Air Transport Services Group's revenues declined by 3% in Q1 2024, with earnings per share of $0.16. The company's operating income fell from 30% to $33 million, resulting in a significant reduction in profits. ATSG has secured a new contract with Amazon to fly 10 additional freighters, leading to a surge in stock prices. Read the full article on Seeking AlphaAir Transport Services Group's (NASDAQ:ATSG) Returns Have Hit A Wall
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...At US$12.19, Is Air Transport Services Group, Inc. (NASDAQ:ATSG) Worth Looking At Closely?
Air Transport Services Group, Inc. ( NASDAQ:ATSG ), is not the largest company out there, but it received a lot of...Air Transport Services Group (NASDAQ:ATSG) Has No Shortage Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Air Transport Services Group, Inc.'s (NASDAQ:ATSG) Earnings Are Not Doing Enough For Some Investors
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 17x, you may...Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is There Now An Opportunity In Air Transport Services Group, Inc. (NASDAQ:ATSG)?
While Air Transport Services Group, Inc. ( NASDAQ:ATSG ) might not be the most widely known stock at the moment, it...Air Transport Services Group (NASDAQ:ATSG) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...An Intrinsic Calculation For Air Transport Services Group, Inc. (NASDAQ:ATSG) Suggests It's 35% Undervalued
Key Insights The projected fair value for Air Transport Services Group is US$31.19 based on 2 Stage Free Cash Flow to...Is Air Transport Services Group (NASDAQ:ATSG) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...With EPS Growth And More, Air Transport Services Group (NASDAQ:ATSG) Makes An Interesting Case
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$27m |
| Sep 30 2024 | n/a | n/a | -US$3m |
| Jun 30 2024 | n/a | n/a | US$18m |
| Mar 31 2024 | n/a | n/a | US$48m |
| Dec 31 2023 | US$2m | US$522k | US$60m |
| Sep 30 2023 | n/a | n/a | US$118m |
| Jun 30 2023 | n/a | n/a | US$151m |
| Mar 31 2023 | n/a | n/a | US$167m |
| Dec 31 2022 | US$2m | US$460k | US$196m |
| Sep 30 2022 | n/a | n/a | US$199m |
| Jun 30 2022 | n/a | n/a | US$211m |
| Mar 31 2022 | n/a | n/a | US$236m |
| Dec 31 2021 | US$1m | US$405k | US$229m |
| Sep 30 2021 | n/a | n/a | US$187m |
| Jun 30 2021 | n/a | n/a | US$119m |
| Mar 31 2021 | n/a | n/a | -US$66m |
| Dec 31 2020 | US$1m | US$386k | US$25m |
| Sep 30 2020 | n/a | n/a | -US$18m |
| Jun 30 2020 | n/a | n/a | US$93m |
| Mar 31 2020 | n/a | n/a | US$171m |
| Dec 31 2019 | US$1m | US$339k | US$60m |
| Sep 30 2019 | n/a | n/a | US$96m |
| Jun 30 2019 | n/a | n/a | US$24m |
| Mar 31 2019 | n/a | n/a | US$75m |
| Dec 31 2018 | US$796k | US$259k | US$68m |
Compensation vs Market: Mike's total compensation ($USD1.91M) is below average for companies of similar size in the US market ($USD5.89M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mike Berger (62 yo)
Mr. Michael L. Berger, also known as Mike, is Chief Executive Officer and Director of Air Transport Services Group, Inc. from June 4, 2024. Mr. Berger served as President at Air Transport Services Group, I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21.7yrs | US$1.66m | 1.09% $ 16.0m | |
| CEO & Director | less than a year | US$1.91m | 0.23% $ 3.4m | |
| President | less than a year | US$199.99k | 0.13% $ 2.0m | |
| Chief Financial Officer | 17.2yrs | US$1.75m | 0.50% $ 7.3m | |
| Chief Operating Officer | 5.6yrs | US$1.57m | 0.16% $ 2.3m | |
| Chief Legal Officer & Secretary | 26.3yrs | US$1.56m | 0.37% $ 5.4m | |
| Vice President of Human Capital | 1yr | no data | no data | |
| Chief Commercial Officer | less than a year | no data | 0.11% $ 1.6m | |
| VP & Corporate Controller | 16.8yrs | no data | 0.086% $ 1.3m |
Experienced Management: ATSG's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21.7yrs | US$1.66m | 1.09% $ 16.0m | |
| CEO & Director | less than a year | US$1.91m | 0.23% $ 3.4m | |
| Independent Director | 4.3yrs | US$199.99k | 0.027% $ 399.1k | |
| Independent Director | 21.3yrs | US$219.99k | 0.082% $ 1.2m | |
| Independent Director | 4.3yrs | US$212.49k | 0% $ 0 | |
| Lead Independent Director | 18.3yrs | US$234.99k | 0.11% $ 1.7m | |
| Independent Director | 16.2yrs | US$212.49k | 0.012% $ 179.4k | |
| Independent Director | 6.8yrs | US$199.99k | 0.033% $ 492.8k | |
| Independent Director | 7.5yrs | US$199.99k | 0.059% $ 862.4k |
Experienced Board: ATSG's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/10 03:51 |
| End of Day Share Price | 2025/04/10 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Transport Services Group, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Sterling | Benchmark Company |
| Kenneth Hoexter | BofA Global Research |
| Ian Zaffino | Oppenheimer & Co. Inc. |