AAWW · Atlas Air Worldwide Holdings Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $4.55B | $4.03B | $3.21B | $2.74B | $2.68B | $2.16B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $4.03B | $3.32B | $2.72B | $3.20B | $1.67B | $1.91B |
| D&A | $354.14M | $357.33M | $328.10M | $316.82M | $265.55M | $197.46M |
| Operating Income | $522.39M | $711.29M | $494.77M | ($460.97M) | $283.54M | $241.97M |
| Interest Expense | $81.69M | $107.49M | $114.64M | $120.33M | $119.38M | $99.69M |
| Income Tax | $105.76M | $154.07M | $136.46M | ($179.65M) | $38.73M | ($80.97M) |
| Net Income | $355.88M | $493.32M | $360.29M | ($293.11M) | $270.57M | $41.52M |
| EPS - Basic | $12.50 | $17.06 | $13.64 | ($11.35) | $10.60 | $8.85 |
| EPS - Diluted | $10.53 | $16.16 | $13.50 | ($11.35) | $5.22 | $8.64 |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $763.31M | $910.97M | $845.59M | $103.03M | $221.50M | $280.81M |
| Accounts Receivable | $253.74M | $305.90M | $265.52M | $290.12M | $269.32M | $194.48M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $115.30M | $82.89M | $107.60M | $79.68M | $87.23M | $65.74M |
| Current Assets | $1.12B | $1.33B | $1.22B | $632.53M | $629.83M | $587.59M |
| Total Assets | $6.70B | $6.44B | $6.03B | $5.39B | $5.53B | $4.96B |
| Current Liabilities | $1.17B | $1.42B | $1.15B | $1.10B | $817.73M | $738.60M |
| Long-term Debt | $1.82B | $1.61B | $1.99B | $2.17B | $2.47B | $2.23B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $3.06B | $2.81B | $2.26B | $1.79B | $2.07B | $1.79B |
| Retained Earnings | $2.52B | $2.10B | $1.61B | $1.25B | $1.54B | $1.27B |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $837.74M | $922.98M | $1.01B | $300.34M | $425.58M | $331.72M |
| Investing Cash Flow | ($820.26M) | ($493.39M) | ($145.29M) | ($285.76M) | ($701.26M) | ($541.56M) |
| Financing Cash Flow | ($164.58M) | ($364.85M) | ($121.40M) | ($133.89M) | $216.56M | $363.45M |
| CapEx | $103.20M | $90.29M | $78.93M | $133.55M | $114.42M | $87.56M |
| Free Cash Flow | $734.54M | $832.70M | $930.61M | $166.79M | $311.17M | $244.16M |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 11.5% | 17.6% | 15.4% | -16.8% | 10.6% | 11.2% |
| EBITDA margin | 19.3% | 26.5% | 25.6% | -5.3% | 20.5% | 20.4% |
| Net margin | 7.8% | 12.2% | 11.2% | -10.7% | 10.1% | 1.9% |
| Free cash flow margin | 16.1% | 20.7% | 29.0% | 6.1% | 11.6% | 11.3% |
| FCF / Net income | 2.06 | 1.69 | 2.58 | -0.57 | 1.15 | 5.88 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 22.9% | 23.8% | 27.5% | - | 12.5% | - |
| Return on assets | 5.3% | 7.7% | 6.0% | -5.4% | 4.9% | 0.8% |
| Return on equity | 11.6% | 17.6% | 15.9% | -16.4% | 13.1% | 2.3% |
| Return on invested capital | 8.2% | 12.3% | 8.4% | -9.2% | 5.5% | 4.8% |
| Liquidity | ||||||
| Current ratio | 0.96 | 0.93 | 1.06 | 0.58 | 0.77 | 0.80 |
| Quick ratio | 0.96 | 0.93 | 1.06 | 0.58 | 0.77 | 0.80 |
| Cash ratio | 0.65 | 0.64 | 0.74 | 0.09 | 0.27 | 0.38 |
| Leverage | ||||||
| Debt / Equity | 0.59 | 0.57 | 0.88 | 1.21 | 1.19 | 1.24 |
| Debt / Assets | 0.27 | 0.25 | 0.33 | 0.40 | 0.45 | 0.45 |
| Debt / EBITDA | 2.08 | 1.51 | 2.42 | - | 4.50 | 5.07 |
| Interest coverage | 6.4x | 6.6x | 4.3x | -3.8x | 2.4x | 2.4x |
| Equity multiplier | 2.18 | 2.29 | 2.67 | 3.01 | 2.68 | 2.77 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.68 | 0.63 | 0.53 | 0.51 | 0.48 | 0.44 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 20d | 28d | 30d | 39d | 37d | 33d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 12.9% | 25.5% | 17.2% | 2.3% | 24.2% | 17.2% |
| Revenue CAGR (3y) | 18.4% | 14.6% | 14.2% | 14.2% | 13.7% | 6.2% |
| Revenue CAGR (5y) | 16.1% | 17.0% | 12.0% | 8.8% | 10.1% | 5.6% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -26.6% | 43.8% | - | - | 17.2% | 43.8% |
| Net income growth (YoY) | -27.9% | 36.9% | - | - | 551.7% | 0.0% |
| EPS growth (YoY) | -34.8% | 19.7% | - | - | -39.6% | 423.6% |
| EPS CAGR (3y) | - | 45.7% | 16.0% | - | 162.1% | 26.7% |
| EPS CAGR (5y) | 4.0% | 57.8% | 115.6% | - | 7.4% | 12.1% |
| FCF growth (YoY) | -11.8% | -10.5% | 458.0% | -46.4% | 27.4% | 31.6% |
| FCF CAGR (5y) | 24.6% | 35.0% | 23.2% | -7.6% | 2.5% | 1.4% |
| Book value growth (YoY) | 9.1% | 24.2% | 26.2% | -13.3% | 15.5% | 18.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$4.05B totalAirline Operations$3.89B · 96.0%
Dry Leasing$163.37M · 4.0%
Product / service
$3.47B totalCargo$3.44B · 99.3%
Passenger$23.16M · 0.7%
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Air Transportation, Nonscheduled
Comparing ATLAS AIR WORLDWIDE HOLDINGS INC against the 5 most active filers in the same SIC group.