Financial Snapshot

Revenue
$1.962B
TTM
Gross Margin
51.94%
TTM
Net Earnings
-$2.288M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
81.45%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.468B
Q3 2024
Cash
Q3 2024
P/E
-636.0
Nov 29, 2024 EST
Free Cash Flow
$93.95M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $2.071B $2.045B $1.734B $1.571B $1.452B $892.3M $1.068B $768.9M $619.3M $589.6M $580.0M $607.4M $730.1M $667.4M $823.5M $941.7M $573.3M $1.260B $1.464B $1.203B $1.161B $1.174B $1.165B
YoY Change 1.23% 17.94% 10.42% 8.15% 62.74% -16.46% 38.93% 24.16% 5.03% 1.65% -4.51% -16.8% 9.4% -18.96% -12.55% 64.26% -54.51% -13.93% 21.78% 3.57% -1.08% 0.75%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $2.071B $2.045B $1.734B $1.571B $1.452B $892.3M $1.068B $768.9M $619.3M $589.6M $580.0M $607.4M $730.1M $667.4M $823.5M $941.7M $573.3M $1.260B $1.464B $1.203B $1.161B $1.174B $1.165B
Cost Of Revenue $982.0M $959.0M $779.1M $679.8M $599.7M $345.8M $448.0M $325.4M $244.1M $230.4M $236.0M $254.5M $361.5M $334.5M $518.8M $611.9M $358.4M $1.007B $1.207B $955.7M $822.0M $757.2M $732.1M
Gross Profit $1.089B $1.086B $955.2M $890.8M $852.4M $546.6M $620.2M $443.4M $375.1M $359.2M $344.1M $352.9M $368.6M $332.8M $304.7M $329.8M $214.8M $253.1M $257.6M $246.8M $339.0M $416.6M $432.9M
Gross Profit Margin 52.58% 53.11% 55.08% 56.72% 58.7% 61.25% 58.06% 57.67% 60.57% 60.92% 59.33% 58.1% 50.48% 49.87% 37.0% 35.02% 37.47% 20.08% 17.59% 20.52% 29.2% 35.49% 37.16%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $382.8M $314.2M $296.2M $285.9M $284.9M $206.4M $187.4M $155.3M $129.4M $141.1M $149.4M $153.9M $149.8M $126.4M $110.2M $136.2M $105.8M $128.9M $115.8M $115.4M $123.8M $128.2M $134.5M
YoY Change 21.84% 6.06% 3.62% 0.35% 38.03% 10.14% 20.67% 20.02% -8.29% -5.56% -2.92% 2.74% 18.51% 14.7% -19.09% 28.73% -17.92% 11.31% 0.35% -6.79% -3.43% -4.68%
% of Gross Profit 35.17% 28.92% 31.02% 32.09% 33.42% 37.76% 30.22% 35.02% 34.5% 39.28% 43.42% 43.61% 40.64% 37.98% 36.17% 41.3% 49.26% 50.93% 44.95% 46.76% 36.52% 30.77% 31.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $363.5M $355.8M $341.8M $310.3M $285.4M $204.6M $170.8M $140.0M $125.4M $108.3M $91.75M $84.48M $91.06M $87.59M $84.59M $94.50M $51.70M $45.70M $41.20M $36.80M $98.50M $148.0M $160.3M
YoY Change 2.16% 4.1% 10.16% 8.75% 39.5% 19.8% 21.96% 11.61% 15.88% 17.99% 8.61% -7.23% 3.96% 3.55% -10.49% 82.79% 13.13% 10.92% 11.96% -62.64% -33.45% -7.67%
% of Gross Profit 33.39% 32.75% 35.79% 34.84% 33.48% 37.42% 27.53% 31.57% 33.44% 30.14% 26.66% 23.94% 24.71% 26.32% 27.76% 28.65% 24.07% 18.06% 15.99% 14.91% 29.06% 35.53% 37.03%
Operating Expenses $888.8M $800.9M $1.413B $1.364B $1.275B $781.3M $968.8M $698.3M $546.5M $525.1M $566.8M $528.8M $667.5M $585.7M $751.7M $260.5M $179.6M $210.3M $218.8M $201.8M $297.2M $368.0M $389.4M
YoY Change 10.97% -43.32% 3.58% 6.98% 63.21% -19.35% 38.74% 27.78% 4.08% -7.37% 7.2% -20.79% 13.97% -22.08% 188.56% 45.04% -14.6% -3.88% 8.42% -32.1% -19.24% -5.5%
Operating Profit $199.8M $285.5M $321.2M $206.4M $177.0M $111.0M $99.40M $70.56M $72.79M $64.53M $13.19M $78.69M $62.63M $81.68M $71.79M $69.30M $35.20M $42.80M $38.80M $45.00M $41.80M $48.60M $43.50M
YoY Change -30.0% -11.13% 55.64% 16.61% 59.43% 11.69% 40.87% -3.06% 12.81% 389.38% -83.24% 25.64% -23.32% 13.77% 3.59% 96.88% -17.76% 10.31% -13.78% 7.66% -13.99% 11.72%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Interest Expense $72.70M $46.86M $58.79M $62.89M $66.64M $28.80M $17.02M $11.32M $11.23M $13.94M $14.25M $14.38M $14.18M $18.68M $26.88M -$34.70M -$9.500M -$6.800M -$8.500M -$8.000M -$16.40M -$25.90M -$21.10M
YoY Change 55.15% -20.29% -6.52% -5.63% 131.41% 69.18% 50.41% 0.77% -19.41% -2.19% -0.93% 1.42% -24.06% -30.53% -177.47% 265.26% 39.71% -20.0% 6.25% -51.22% -36.68% 22.75%
% of Operating Profit 36.38% 16.41% 18.3% 30.47% 37.65% 25.94% 17.13% 16.04% 15.43% 21.6% 108.07% 18.28% 22.64% 22.86% 37.44% -50.07% -26.99% -15.89% -21.91% -17.78% -39.23% -53.29% -48.51%
Other Income/Expense, Net -$115.6M -$24.99M -$20.03M -$165.0M -$105.4M -$23.54M -$105.9M -$36.11M -$10.23M -$12.75M -$13.54M -$12.37M -$21.77M -$18.36M -$26.43M
YoY Change 362.65% 24.76% -87.86% 56.51% 347.85% -77.78% 193.38% 253.08% -19.78% -5.87% 9.51% -43.19% 18.57% -30.54%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Pretax Income $84.24M $260.5M $301.2M $41.39M $71.57M $87.48M -$6.536M $34.45M $62.56M $51.78M -$359.0K $66.32M $40.86M $63.32M $45.36M -$56.60M $25.70M $36.00M $30.30M $37.00M -$575.5M $22.70M $22.30M
YoY Change -67.66% -13.51% 627.67% -42.17% -18.18% -1438.4% -118.97% -44.93% 20.83% -14522.28% -100.54% 62.31% -35.47% 39.59% -180.14% -320.23% -28.61% 18.81% -18.11% -106.43% -2635.24% 1.79%
Income Tax $24.49M $64.06M $72.22M $16.31M $11.59M $19.60M -$28.28M $13.39M $23.41M $19.70M $19.27M $24.67M $17.00M $23.41M $17.16M $6.200M $10.90M -$54.00M $0.00 $0.00 -$128.6M $9.400M $9.500M
% Of Pretax Income 29.07% 24.59% 23.98% 39.41% 16.19% 22.4% 38.88% 37.42% 38.05% 37.2% 41.59% 36.98% 37.82% 42.41% -150.0% 0.0% 0.0% 41.41% 42.6%
Net Earnings $60.33M $198.6M $231.4M $32.12M $61.20M $69.29M $18.50M $23.49M $41.22M $29.86M -$19.63M $40.87M $23.19M $39.83M $34.45M -$56.00M $19.60M $90.10M $30.30M $37.00M -$446.9M $13.30M $12.80M
YoY Change -69.62% -14.19% 620.6% -47.53% -11.67% 274.61% -21.26% -43.02% 38.05% -252.13% -148.02% 76.24% -41.78% 15.63% -161.52% -385.71% -78.25% 197.36% -18.11% -108.28% -3460.15% 3.91%
Net Earnings / Revenue 2.91% 9.71% 13.34% 2.04% 4.21% 7.76% 1.73% 3.05% 6.66% 5.06% -3.38% 6.73% 3.18% 5.97% 4.18% -5.95% 3.42% 7.15% 2.07% 3.08% -38.49% 1.13% 1.1%
Basic Earnings Per Share $0.88 $2.70 $3.36 $0.54 $1.04 $1.18 $0.31 $0.38 $0.64 $0.46 -$0.31 $0.64 $0.37 $0.63 $0.55
Diluted Earnings Per Share $0.82 $2.28 $2.83 $0.54 $0.79 $0.91 $0.31 $0.37 $0.63 $0.46 -$0.31 $0.63 $0.36 $0.62 $0.54 -$896.0K $334.5K $1.543M $517.9K $634.6K -$8.512M $227.4K $218.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $53.56M $27.13M $69.50M $39.70M $46.20M $59.30M $32.70M $16.40M $17.70M $30.60M $31.70M $15.40M $30.50M $46.50M $83.20M $116.1M $108.9M $78.60M $85.10M $38.70M $63.10M $0.00
YoY Change 97.37% -60.96% 75.05% -14.07% -22.09% 81.35% 99.39% -7.34% -42.16% -3.47% 105.84% -49.51% -34.41% -44.11% -28.34% 6.61% 38.55% -7.64% 119.9% -38.67%
Cash & Equivalents $53.56M $27.13M $69.50M $39.70M $46.20M $59.30M $32.70M $16.40M $17.70M $30.60M $31.70M $15.40M $30.50M $46.50M $83.20M $116.1M $59.30M $63.20M $69.50M $38.70M $63.10M $0.00
Short-Term Investments $0.00 $49.60M $15.40M $15.60M $0.00
Other Short-Term Assets $26.63M $31.96M $28.74M $39.10M $20.30M $18.60M $20.50M $19.10M $12.70M $12.60M $26.70M $31.40M $51.20M $23.00M $69.30M $33.70M $40.80M $23.30M $5.500M $2.600M $5.100M $23.60M
YoY Change -16.68% 11.18% -26.49% 92.61% 9.14% -9.27% 7.33% 50.39% 0.79% -52.81% -14.97% -38.67% 122.61% -66.81% 105.64% -17.4% 75.11% 323.64% 111.54% -49.02% -78.39%
Inventory $49.94M $57.76M $49.20M $40.40M $37.40M $33.50M $22.20M $19.90M $13.00M $10.70M $9.100M $9.400M $8.900M $7.200M $5.200M $11.30M $14.70M $13.90M $14.00M $15.00M $16.30M $37.20M
Prepaid Expenses
Receivables $215.6M $301.6M $205.4M $153.5M $162.9M $147.8M $109.1M $77.20M $58.00M $43.50M $52.20M $47.90M $42.30M $40.90M $87.70M $87.90M $55.30M $10.40M $15.80M $54.70M $5.500M $2.300M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $345.7M $418.5M $352.8M $272.7M $266.8M $259.2M $184.5M $132.7M $101.3M $97.40M $119.7M $104.1M $132.9M $117.6M $245.5M $248.9M $219.7M $126.2M $120.4M $111.0M $90.00M $63.20M
YoY Change -17.39% 18.6% 29.39% 2.21% 2.93% 40.49% 39.04% 31.0% 4.0% -18.63% 14.99% -21.67% 13.01% -52.1% -1.37% 13.29% 74.09% 4.82% 8.47% 23.33% 42.41%
Property, Plant & Equipment $2.875B $2.476B $2.193B $2.009B $1.810B $1.555B $1.160B $1.001B $875.4M $847.3M $838.2M $818.9M $748.9M $658.8M $636.1M $671.6M $690.8M $458.6M $381.6M $351.6M $312.8M $1.090B
YoY Change 16.09% 12.95% 9.16% 10.95% 16.42% 34.05% 15.88% 14.35% 3.32% 1.09% 2.36% 9.35% 13.68% 3.57% -5.29% -2.78% 50.63% 20.18% 8.53% 12.4% -71.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $22.70M
YoY Change
Other Assets $156.4M $202.3M $216.8M $204.1M $215.4M $121.0M $79.10M $80.10M $26.30M $28.20M $36.00M $20.50M $18.60M $25.20M $21.30M $80.10M $42.10M $95.00M $14.00M $10.30M $10.30M $21.40M
YoY Change -22.67% -6.69% 6.22% -5.25% 78.02% 52.97% -1.25% 204.56% -6.74% -21.67% 75.61% 10.22% -26.19% 18.31% -73.41% 90.26% -55.68% 578.57% 35.92% 0.0% -51.87%
Total Long-Term Assets $3.536B $3.171B $2.914B $2.729B $2.553B $2.211B $1.364B $1.127B $940.4M $914.5M $913.4M $931.5M $860.8M $783.1M $757.3M $852.4M $943.3M $553.6M $395.6M $361.9M $323.1M $1.111B
YoY Change 11.51% 8.82% 6.8% 6.88% 15.47% 62.09% 21.1% 19.8% 2.83% 0.12% -1.94% 8.21% 9.92% 3.41% -11.16% -9.64% 70.39% 39.94% 9.31% 12.01% -70.91%
Total Assets $3.882B $3.590B $3.267B $3.002B $2.820B $2.471B $1.549B $1.259B $1.042B $1.012B $1.033B $1.036B $993.7M $900.7M $1.003B $1.101B $1.163B $679.8M $516.0M $472.9M $413.1M $1.174B
YoY Change
Accounts Payable $227.7M $193.0M $174.2M $141.4M $141.1M $109.8M $99.70M $60.70M $44.40M $40.60M $34.80M $36.50M $48.40M $40.60M $38.20M $36.60M $76.40M $65.30M $78.10M $62.60M $43.40M $52.30M
YoY Change 17.96% 10.76% 23.22% 0.21% 28.51% 10.13% 64.25% 36.71% 9.36% 16.67% -4.66% -24.59% 19.21% 6.28% 4.37% -52.09% 17.0% -16.39% 24.76% 44.24% -17.02%
Accrued Expenses $87.60M $92.28M $90.39M $93.30M $89.90M $70.60M $50.60M $47.40M $35.60M $33.80M $32.90M $31.40M $33.50M $36.30M $79.50M $145.1M $75.80M $63.50M $56.50M $51.70M $41.10M $52.00M
YoY Change -5.07% 2.1% -3.12% 3.78% 27.34% 39.53% 6.75% 33.15% 5.33% 2.74% 4.78% -6.27% -7.71% -54.34% -45.21% 91.42% 19.37% 12.39% 9.28% 25.79% -20.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $54.71M $639.0K $628.0K $13.70M $14.70M $29.70M $18.50M $29.30M $33.70M $24.30M $23.70M $21.30M $13.20M $36.60M $51.70M $61.90M $22.80M $11.40M $8.600M $8.000M $7.300M $7.100M
YoY Change 8461.82% 1.75% -95.42% -6.8% -50.51% 60.54% -36.86% -13.06% 38.68% 2.53% 11.27% 61.36% -63.93% -29.21% -16.48% 171.49% 100.0% 32.56% 7.5% 9.59% 2.82%
Total Short-Term Liabilities $400.2M $307.5M $312.6M $302.0M $263.2M $229.1M $184.7M $155.8M $126.7M $111.7M $100.1M $99.50M $107.6M $124.2M $184.7M $258.4M $196.1M $144.3M $162.3M $142.6M $113.1M $133.2M
YoY Change 30.16% -1.65% 3.52% 14.74% 14.88% 24.04% 18.55% 22.97% 13.43% 11.59% 0.6% -7.53% -13.37% -32.76% -28.52% 31.77% 35.9% -11.09% 13.81% 26.08% -15.09%
Long-Term Debt $1.708B $1.464B $1.299B $1.465B $1.470B $1.372B $551.6M $429.4M $283.9M $319.8M $360.8M $343.2M $333.7M $265.9M $325.7M $450.6M $568.0M $189.1M $164.6M $173.9M $181.8M $107.1M
YoY Change 16.61% 12.75% -11.37% -0.3% 7.15% 148.66% 28.46% 51.25% -11.23% -11.36% 5.13% 2.85% 25.5% -18.36% -27.72% -20.67% 200.37% 14.88% -5.35% -4.35% 69.75%
Other Long-Term Liabilities $120.4M $150.5M $116.3M $237.7M $499.4M $320.2M $317.8M $219.7M $170.1M $149.7M $93.40M $247.2M $239.8M $168.7M $196.3M $311.9M $198.9M $226.2M $76.10M $68.50M $59.50M $527.3M
YoY Change -20.0% 29.38% -51.07% -52.4% 55.97% 0.76% 44.65% 29.16% 13.63% 60.28% -62.22% 3.09% 42.15% -14.06% -37.06% 56.81% -12.07% 197.24% 11.09% 15.13% -88.72%
Total Long-Term Liabilities $1.828B $1.615B $1.415B $1.703B $1.969B $1.692B $869.4M $649.1M $454.0M $469.5M $454.2M $590.4M $573.5M $434.6M $522.0M $762.5M $766.9M $415.3M $240.7M $242.4M $241.3M $634.4M
YoY Change 13.2% 14.11% -16.91% -13.51% 16.39% 94.59% 33.94% 42.97% -3.3% 3.37% -23.07% 2.95% 31.96% -16.74% -31.54% -0.57% 84.66% 72.54% -0.7% 0.46% -61.96%
Total Liabilities $2.513B $2.177B $1.945B $2.146B $2.360B $2.034B $1.154B $927.4M $677.6M $664.4M $664.2M $736.4M $723.6M $598.6M $756.8M $1.021B $963.0M $559.6M $403.0M $385.0M $354.4M $941.7M
YoY Change 15.43% 11.95% -9.38% -9.05% 16.01% 76.33% 24.39% 36.87% 1.99% 0.03% -9.8% 1.77% 20.88% -20.9% -25.88% 6.02% 72.09% 38.86% 4.68% 8.63% -62.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.4553 Billion

About Air Transport Services Group, Inc.

Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance, and other support services primarily to the cargo transportation and package delivery industries. The company is headquartered in Wilmington, Ohio and currently employs 5,095 full-time employees. The company went IPO on 2003-07-23. The firm is a provider of aircraft leasing and air cargo transportation and related services. The company operates through two segments: Cargo Aircraft Management, Inc. (CAM) and ACMI Services. The CAM segment includes the leasing of aircraft and aircraft engines. Its freighter fleet is composed primarily of Boeing 767 aircraft. The ACMI Services segment includes the cargo and passenger aircraft flight operations of its three airlines. Its ACMI Services business segment consists of the cargo and passenger operations of its three airline subsidiaries: ABX Air, Inc., Air Transport International, Inc., and Omni Air International, LLC. Its airline is responsible for providing full service, including fuel, aircraft, flight crews, maintenance, aircraft hull and liability insurance, landing fees, parking fees, catering, passenger handling fees, ground and cargo handling expenses and other operating expenses for a fixed, all-inclusive price.

Industry: Air Courier Services Peers: AIR T INC ATLAS AIR WORLDWIDE HOLDINGS INC C. H. ROBINSON WORLDWIDE, INC. FORWARD AIR CORP RADIANT LOGISTICS, INC GXO Logistics, Inc. Hub Group, Inc. JANEL CORP Transportation & Logistics Systems, Inc. UNITED PARCEL SERVICE INC