ATSG · Air Transport Services Group, 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | - | $2.07B | $2.05B | $1.73B | $1.57B | $1.45B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $1.83B | $1.87B | $1.36B | $1.41B | $1.36B | $1.28B |
| D&A | $415.62M | $363.53M | $355.85M | $341.85M | $310.32M | $285.35M |
| Operating Income | $127.80M | $199.83M | $285.48M | $321.23M | $206.39M | $177.00M |
| Interest Expense | $82.70M | $72.70M | $46.86M | $58.79M | $62.89M | $66.64M |
| Income Tax | $14.91M | $24.49M | $64.06M | $72.22M | $16.31M | $11.59M |
| Net Income | $27.43M | $60.33M | $198.58M | $231.42M | $32.12M | $61.20M |
| EPS - Basic | $0.42 | $0.88 | $2.70 | $3.36 | $0.54 | $1.04 |
| EPS - Diluted | $0.40 | $0.82 | $2.28 | $2.83 | $0.54 | $0.79 |
Balance Sheet
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | - | $53.55M | $46.20M | - | - | - |
| Accounts Receivable | $208.27M | $215.58M | $301.62M | $191.75M | $153.51M | $162.87M |
| Inventory | $49.87M | $49.94M | $57.76M | $50.83M | $40.41M | $37.40M |
| Accounts Payable | $236.94M | - | - | - | - | - |
| Current Assets | $351.58M | $345.70M | $418.48M | $312.39M | $272.74M | $266.79M |
| Total Assets | $3.89B | $3.88B | $3.59B | $3.22B | $3.00B | $2.82B |
| Current Liabilities | $359.22M | $400.19M | $307.46M | $285.84M | $301.99M | $263.24M |
| Long-term Debt | $1.55B | $1.71B | $1.46B | $1.30B | $1.47B | $1.47B |
| Total Liabilities | $2.41B | $2.51B | $2.18B | $2.04B | $2.15B | $2.36B |
| Stockholders' Equity | $1.48B | $1.37B | $1.41B | $1.18B | $855.50M | $460.34M |
| Retained Earnings | $616.64M | $589.21M | $528.88M | $264.91M | $78.01M | $45.90M |
Cash Flow
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $532.82M | $654.08M | $472.12M | $583.56M | $512.30M | $396.94M |
| Investing Cash Flow | ($304.70M) | ($765.93M) | ($600.06M) | ($487.48M) | ($499.17M) | ($467.06M) |
| Financing Cash Flow | ($221.09M) | $138.27M | $85.58M | ($66.30M) | ($19.62M) | $57.00M |
| CapEx | $331.01M | $793.45M | $599.43M | $504.75M | $510.42M | $453.50M |
| Free Cash Flow | $201.81M | ($139.37M) | ($127.31M) | $78.81M | $1.89M | ($56.56M) |
Ratios
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | 9.7% | 14.0% | 18.5% | 13.1% | 12.2% |
| EBITDA margin | - | 27.2% | 31.4% | 38.2% | 32.9% | 31.8% |
| Net margin | - | 2.9% | 9.7% | 13.3% | 2.0% | 4.2% |
| Free cash flow margin | - | -6.7% | -6.2% | 4.5% | 0.1% | -3.9% |
| FCF / Net income | 7.36 | -2.31 | -0.64 | 0.34 | 0.06 | -0.92 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 35.2% | 28.9% | 24.4% | 23.8% | 33.7% | 15.9% |
| Return on assets | 0.7% | 1.6% | 5.5% | 7.2% | 1.1% | 2.2% |
| Return on equity | 1.8% | 4.4% | 14.1% | 19.6% | 3.8% | 13.3% |
| Return on invested capital | 2.7% | 4.6% | 7.5% | 9.9% | 5.9% | 7.7% |
| Liquidity | ||||||
| Current ratio | 0.98 | 0.86 | 1.36 | 1.09 | 0.90 | 1.01 |
| Quick ratio | 0.84 | 0.74 | 1.17 | 0.92 | 0.77 | 0.87 |
| Cash ratio | - | 0.13 | 0.15 | - | - | - |
| Leverage | ||||||
| Debt / Equity | 1.04 | 1.25 | 1.04 | 1.10 | 1.71 | 3.19 |
| Debt / Assets | 0.40 | 0.44 | 0.41 | 0.40 | 0.49 | 0.52 |
| Debt / EBITDA | 2.85 | 3.03 | 2.28 | 1.96 | 2.84 | 3.18 |
| Interest coverage | 1.5x | 2.7x | 6.1x | 5.5x | 3.3x | 2.7x |
| Equity multiplier | 2.62 | 2.84 | 2.54 | 2.72 | 3.51 | 6.13 |
| Liabilities / Assets | 0.62 | 0.65 | 0.61 | 0.63 | 0.72 | 0.84 |
| Efficiency | ||||||
| Asset turnover | - | 0.53 | 0.57 | 0.54 | 0.52 | 0.51 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | 38d | 54d | 40d | 36d | 41d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | 1.2% | 17.9% | 10.4% | 8.2% | 62.7% |
| Revenue CAGR (3y) | - | 9.7% | 12.1% | 24.8% | 13.7% | 23.6% |
| Revenue CAGR (5y) | - | 18.3% | 13.9% | 17.7% | 20.5% | 19.8% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -36.0% | -30.0% | -11.1% | 55.6% | 16.6% | 59.4% |
| Net income growth (YoY) | -54.5% | -69.6% | -14.2% | 620.6% | -47.5% | -11.7% |
| EPS growth (YoY) | -51.2% | -64.0% | -19.4% | 424.1% | -31.6% | -13.2% |
| EPS CAGR (3y) | -47.9% | 14.9% | 42.4% | 46.0% | 20.3% | 28.8% |
| EPS CAGR (5y) | -12.7% | -2.1% | 49.0% | 50.2% | -3.0% | 11.4% |
| FCF growth (YoY) | - | -9.5% | - | 4080.8% | - | - |
| FCF CAGR (5y) | - | - | - | - | -33.9% | - |
| Book value growth (YoY) | 8.4% | -3.1% | 19.4% | 38.3% | 85.8% | 5.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$809.90M totalAircraft Leases$784.90M · 96.9%
Non Lease Activities$25.00M · 3.1%
Stability scores
Piotroski F-score
FY 2024 · 9-point quality
6/9
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 Courier Services
Comparing Air Transport Services Group against the 3 most active filers in the same SIC group.