Air T Inc (AIRTP) stock
AIRTPNasdaqAir Courier ServicesFiscal year ends March 31Also trades as AIRT
$18.71−0.09 (-0.48%)
Close on Oct 30, 2026Market cap $50.18MP/E 0.8Yield –
Air T operating margin
Operating margin is operating income as a percentage of revenue.
Air T's operating margin for the twelve months ending Jun 30, 2026 was -6.7%. For fiscal 2026 it was -3.4%, against 0.7% the year before. The highest annual figure on record is 4.9% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | -3.4% | −4.1 |
| FY2025 | Mar 31, 2025 | 0.7% | +0.2 |
| FY2024 | Mar 31, 2024 | 0.4% | +2.2 |
| FY2023 | Mar 31, 2023 | -1.8% | −6.7 |
| FY2022 | Mar 31, 2022 | 4.9% | +10.2 |
| FY2021 | Mar 31, 2021 | -5.2% | −8.3 |
| FY2020 | Mar 31, 2020 | 3.1% | −1.3 |
| FY2019 | Mar 31, 2019 | 4.3% | +2.1 |
| FY2018 | Mar 31, 2018 | 2.2% | +4.3 |
| FY2017 | Mar 31, 2017 | -2.1% | −6.2 |
| FY2016 | Mar 31, 2016 | 4.1% | +1.0 |
| FY2015 | Mar 31, 2015 | 3.0% | +0.4 |
| FY2014 | Mar 31, 2014 | 2.6% | −0.0 |
| FY2013 | Mar 31, 2013 | 2.6% | +0.3 |
| FY2012 | Mar 31, 2012 | 2.3% | −1.8 |
| FY2011 | Mar 31, 2011 | 4.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027 | Jun 30, 2026 | -11.1% | −12.3 |
| Q4 FY2026 | Mar 31, 2026 | -11.4% | −7.5 |
| Q3 FY2026 | Dec 31, 2025 | -5.3% | −7.1 |
| Q2 FY2026 | Sep 30, 2025 | 8.6% | +4.1 |
| Q1 FY2026 | Jun 30, 2025 | 1.2% | +2.1 |
| Q4 FY2025 | Mar 31, 2025 | -3.9% | −5.9 |
| Q3 FY2025 | Dec 31, 2024 | 1.8% | +4.4 |
| Q2 FY2025 | Sep 30, 2024 | 4.5% | +3.5 |
| Q1 FY2025 | Jun 30, 2024 | -0.9% | −1.8 |
| Q4 FY2024 | Mar 31, 2024 | 2.0% | +9.5 |
| Q3 FY2024 | Dec 31, 2023 | -2.5% | −2.7 |
| Q2 FY2024 | Sep 30, 2023 | 1.0% | +0.7 |
| Q1 FY2024 | Jun 30, 2023 | 0.9% | −0.7 |
| Q4 FY2023 | Mar 31, 2023 | -7.5% | −23.1 |
| Q3 FY2023 | Dec 31, 2022 | 0.2% | +0.2 |
| Q2 FY2023 | Sep 30, 2022 | 0.3% | −1.3 |
| Q1 FY2023 | Jun 30, 2022 | 1.6% | +1.7 |
| Q4 FY2022 | Mar 31, 2022 | 15.6% | +29.1 |
| Q3 FY2022 | Dec 31, 2021 | 0.1% | −1.9 |
| Q2 FY2022 | Sep 30, 2021 | 1.6% | +12.0 |
| Q1 FY2022 | Jun 30, 2021 | -0.0% | +0.7 |
| Q4 FY2021 | Mar 31, 2021 | -13.5% | −16.7 |
| Q3 FY2021 | Dec 31, 2020 | 1.9% | −3.2 |
| Q2 FY2021 | Sep 30, 2020 | -10.3% | −11.3 |
| Q1 FY2021 | Jun 30, 2020 | -0.7% | −2.8 |
| Q4 FY2020 | Mar 31, 2020 | 3.2% | −5.1 |
| Q3 FY2020 | Dec 31, 2019 | 5.1% | +1.7 |
| Q2 FY2020 | Sep 30, 2019 | 0.9% | +3.1 |
| Q1 FY2020 | Jun 30, 2019 | 2.1% | −2.9 |
| Q4 FY2019 | Mar 31, 2019 | 8.3% | +6.5 |
| Q3 FY2019 | Dec 31, 2018 | 3.4% | +2.1 |
| Q2 FY2019 | Sep 30, 2018 | -2.2% | −3.1 |
| Q1 FY2019 | Jun 30, 2018 | 5.0% | +0.4 |
| Q4 FY2018 | Mar 31, 2018 | 1.9% | −1.1 |
| Q3 FY2018 | Dec 31, 2017 | 1.2% | −3.3 |
| Q2 FY2018 | Sep 30, 2017 | 1.0% | −1.7 |
| Q1 FY2018 | Jun 30, 2017 | 4.6% | – |
| Q4 FY2017 | Mar 31, 2017 | 3.0% | – |
| Q3 FY2017 | Dec 31, 2016 | 4.6% | – |
| Q2 FY2017 | Sep 30, 2016 | 2.7% | – |