ATSG - Air Transport Services Group Inc Stock Price, Fair Value and News

12.39USD-0.41 (-3.20%)Market Closed

Market Summary

USD12.39-0.41

Market Closed

-3.20%

ATSG Stock Price

View Fullscreen

ATSG RSI Chart

ATSG Valuation

Market Cap

813.8M

Price/Earnings (Trailing)

13.49

Price/Sales (Trailing)

0.39

EV/EBITDA

4.94

Price/Free Cashflow

-5.84

ATSG Price/Sales (Trailing)

ATSG Profitability

EBT Margin

4.07%

Return on Equity

4.41%

Return on Assets

1.55%

Free Cashflow Yield

-17.13%

ATSG Fundamentals

ATSG Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-3%

Rev. Growth (Qtr)

-1.17%

ATSG Earnings

Earnings (TTM)

60.3M

Earnings Growth (Yr)

-135.19%

Earnings Growth (Qtr)

-187.4%

Breaking Down ATSG Revenue

Last 7 days

-3.9%

Last 30 days

2.3%

Last 90 days

-22.3%

Trailing 12 Months

-39.7%

How does ATSG drawdown profile look like?

ATSG Financial Health

Current Ratio

0.86

Debt/Equity

1.25

Debt/Cashflow

0.38

ATSG Investor Care

Buy Backs (1Y)

8.75%

Diluted EPS (TTM)

0.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.1B	2.1B	2.1B	2.1B
2022	1.8B	1.9B	2.0B	2.0B
2021	1.6B	1.6B	1.7B	1.7B
2020	1.5B	1.5B	1.6B	1.6B
2019	1.0B	1.2B	1.3B	1.5B
2018	1.0B	983.7M	934.5M	892.3M
2017	829.4M	906.1M	966.9M	1.1B
2016	649.6M	677.8M	728.8M	768.9M
2015	593.0M	591.8M	595.6M	619.3M
2014	580.3M	591.1M	588.6M	589.6M
2013	605.2M	590.6M	577.6M	580.0M
2012	700.5M	661.0M	619.4M	607.4M
2011	681.6M	714.5M	742.3M	730.1M
2010	0	771.4M	719.4M	667.4M
2009	0	0	0	823.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Air Transport Services Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	rademacher randy d	acquired	69,444	13.12	5,293	-
Apr 03, 2024	vorholt jeffrey j	acquired	69,444	13.12	5,293	-
Apr 03, 2024	peterson laura j.	acquired	69,444	13.12	5,293	-
Apr 03, 2024	dominick jeffrey a.	acquired	69,444	13.12	5,293	-
Mar 04, 2024	rademacher randy d	acquired	71,590	12.54	5,709	-
Feb 28, 2024	berger michael l	acquired	39,215	12.19	3,217	president
Feb 28, 2024	fedders matthew e.	acquired	5,522	12.19	453	vp, controller
Feb 28, 2024	turner quint o	acquired	37,459	12.19	3,073	chief financial officer
Feb 28, 2024	koharik edward joseph iii	acquired	343,758	12.19	28,200	chief operating officer
Feb 28, 2024	fedders matthew e.	acquired	97,520	12.19	8,000	vp, controller

Which funds bought or sold ATSG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	ARGA Investment Management, LP	new	-	249,290	249,290	0.01%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-370	-	-%
Apr 05, 2024	CWM, LLC	reduced	-21.63	-15,000	24,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	24.64	114	1,183	-%
Apr 03, 2024	Versant Capital Management, Inc	reduced	-55.26	-870	468	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	unchanged	-	-1,663	8,981	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-26.01	-134,353	223,296	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-4.49	-25,681,000	106,630,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	1.94	-595,090	3,659,320	-%
Mar 01, 2024	READYSTATE ASSET MANAGEMENT LP	added	141	731,772	1,438,930	0.05%

Are Funds Buying or Selling ATSG?

Are funds buying ATSG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATSG

No. of Funds

Unveiling Air Transport Services Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.28%	6,055,101	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.1%	4,013,265	SC 13G
Jan 30, 2024	river road asset management, llc	12.9%	8,439,673	SC 13G/A
Jan 30, 2024	amazon com inc	999%	13,124,058	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	4,106,630	SC 13G/A
Nov 08, 2023	jpmorgan chase & co	3.6%	2,564,124	SC 13G/A
Jul 10, 2023	fmr llc	-	0	SC 13G/A
Feb 10, 2023	amazon com inc	999%	14,601,415	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	8.93%	6,491,591	SC 13G/A

Recent SEC filings of Air Transport Services Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading

Peers (Alternatives to Air Transport Services Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	30.1B	59.0B	8.19%	38.14%	6.01	0.51	9.34%	164.26%
LUV	16.6B	26.1B	-1.80%	-12.09%	51.59	0.64	9.56%	-66.32%
UAL	13.5B	53.7B	-5.91%	-1.51%	5.14	0.25	19.49%	255.22%
MID-CAP
AAL	8.5B	52.8B	-7.31%	1.17%	10.31	0.16	7.79%	547.24%
ALK	5.2B	10.4B	7.33%	-2.22%	21.98	0.5	8.09%	305.17%
JBLU	2.3B	9.6B	-3.55%	-	-7.43	0.24	5.00%	14.36%
SMALL-CAP
ALGT	1.1B	2.5B	-10.16%	-36.40%	9.45	0.44	9.04%	4617.05%
ATSG	813.8M	2.1B	2.31%	-39.71%	13.49	0.39	1.23%	-69.62%
HA	688.7M	2.7B	-3.20%	61.88%	-2.64	0.25	2.84%	-8.50%
SAVE	487.2M	5.4B	3.73%	-74.34%	-1.09	0.09	5.80%	19.25%
MESA	32.8M	498.1M	1.27%	-64.29%	-0.27	0.07	-6.20%	34.25%

Air Transport Services Group Inc News

Latest updates

Air Transport Services Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.2%	517	523	529	501	533	517	510	486	482	466	410	376	399	404	378	389	403	366	335	348	281
Costs and Expenses	0.7%	480	477	460	454	461	444	439	416	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	444	439	416	402	366	325	319	340	330	355	339	351	325	297	302	248
EBITDA Margin	-10.8%	0.24*	0.27*	0.29*	0.29*	0.31*	0.32*	0.34*	0.37*	0.39*	0.36*	0.32*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	8.1%	21.00	19.00	17.00	16.00	14.00	12.00	9.00	11.00	15.00	14.00	15.00	15.00	15.00	15.00	16.00	16.00	16.00	17.00	17.00	17.00	29.00
Income Taxes	-100.1%	0.00	6.00	12.00	6.00	19.00	15.00	15.00	15.00	16.00	19.00	24.00	13.00	-1.08	11.00	-1.03	7.00	-2.50	6.00	3.00	5.00	20.00
Earnings Before Taxes	-166.3%	-15.59	24.00	50.00	27.00	61.00	65.00	69.00	65.00	61.00	81.00	104	55.00	1.00	6.00	-106	141	-43.61	111	-23.48	28.00	-1.94
EBT Margin	-47.3%	0.04*	0.08*	0.10*	0.11*	0.13*	0.13*	0.14*	0.17*	0.17*	0.15*	0.10*	-0.03*	-	-	-	-	-	-	-	-	-
Net Income	-187.4%	-15.01	17.00	38.00	20.00	43.00	51.00	55.00	50.00	45.00	65.00	80.00	42.00	2.00	-5.59	-104	138	-41.10	105	-26.63	23.00	-5.20
Net Income Margin	-48.5%	0.03*	0.06*	0.07*	0.08*	0.10*	0.10*	0.11*	0.13*	0.13*	0.11*	0.07*	-0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-65.3%	-84.12	-50.90	-1.93	-2.42	-77.02	-6.29	-61.42	17.00	78.00	-5.83	8.00	-0.99	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.9%	3,882	3,846	3,753	3,702	3,590	3,525	3,460	3,287	3,267	3,222	3,211	3,048	3,002	2,963	2,937	2,920	2,820	2,745	2,703	2,632	2,471
Current Assets	-5.0%	346	364	351	408	418	389	390	331	353	312	333	-	273	273	288	307	267	234	239	239	259
Cash Equivalents	5.9%	54.00	51.00	43.00	90.00	27.00	54.00	47.00	36.00	69.00	-	-	-	40.00	-	-	-	46.00	-	-	-	-
Inventory	-1.5%	50.00	51.00	58.00	58.00	58.00	55.00	54.00	50.00	49.00	51.00	45.00	-	40.00	40.00	40.00	43.00	37.00	33.00	36.00	33.00	34.00
Net PPE	2.6%	2,821	2,750	2,679	2,554	2,402	2,339	2,271	2,182	2,130	2,136	2,097	1,987	1,940	1,905	1,877	1,835	1,766	1,707	1,651	1,570	1,555
Goodwill	-	-	-	-	-	-	-	396	396	396	396	396	396	396	396	396	396	396	396	396	396	391
Liabilities	0.6%	2,513	2,498	2,309	2,288	2,177	2,060	2,048	1,933	1,945	2,039	2,096	-	2,146	2,248	2,441	2,321	2,360	2,264	2,333	2,241	2,034
Current Liabilities	1.7%	400	394	393	347	307	319	328	318	313	286	336	-	302	313	303	254	263	277	259	242	229
Long Term Debt	1.0%	1,708	1,691	1,515	1,544	1,464	1,369	1,359	1,273	1,299	1,369	1,398	-	1,465	1,467	1,506	1,547	1,470	1,408	1,403	1,373	1,372
Shareholder's Equity	1.5%	1,369	1,348	1,443	1,414	1,413	1,466	1,411	1,354	1,322	1,183	1,115	900	855	715	497	599	460	481	371	391	436
Retained Earnings	-2.5%	589	604	587	549	529	486	435	380	330	265	200	-	78.00	73.00	78.00	183	46.00	86.00	-19.24	7.00	56.00
Additional Paid-In Capital	0.1%	836	836	951	964	986	1,039	1,037	1,035	1,074	992	990	-	856	701	478	476	476	475	473	471	471
Shares Outstanding	-0.1%	65.00	65.00	71.00	71.00	72.00	74.00	74.00	74.00	69.00	67.00	64.00	59.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	874	-	-	-	1,459	-	-	-	1,158	-	-	-	1,298	-	-	-	1,416	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	8.9%	127,988	117,517	192,198	216,378	74,050	147,861	124,541	125,668	154,319	122,047	182,744	124,447	89,018	174,288	149,962	99,034	89,800	97,695	102,041	107,402	97,212
Share Based Compensation	-18.2%	2,047	2,503	2,561	1,405	2,193	2,295	2,200	1,654	1,862	2,045	1,729	1,750	1,691	1,835	2,130	1,821	1,721	1,887	1,920	1,474	1,479
Cashflow From Investing	-14.4%	-193,505	-169,144	-193,539	-209,741	-139,231	-150,231	-202,425	-108,176	-60,719	-124,750	-174,913	-127,094	-105,029	-131,780	-115,846	-146,512	-119,439	-112,499	-127,420	-107,700	-937,066
Cashflow From Financing	16.0%	68,487	59,062	-45,111	55,831	37,829	9,705	89,497	-51,450	-73,912	-32,398	25,419	14,587	-5,348	-41,683	-44,926	72,340	29,007	6,853	30,756	-9,617	855,714
Buy Backs	137675.0%	74,291	-54.00	-15,096	21,918	53,868	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ATSG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
REVENUES	$ 2,070,611	$ 2,045,469	$ 1,734,282
OPERATING EXPENSES
Salaries, wages and benefits	685,940	666,950	591,280
Depreciation and amortization	342,985	331,064	308,448
Maintenance, materials and repairs	212,767	162,122	173,364
Fuel	278,528	275,512	173,600
Contracted ground and aviation services	74,273	77,026	75,724
Travel	128,584	111,989	86,601
Landing and ramp	17,486	16,583	14,244
Rent	31,703	30,437	23,695
Insurance	9,790	9,666	12,588
Other operating expenses	88,723	78,637	65,179
Government grants	0	0	(111,673)
Operating expenses	1,870,779	1,759,986	1,413,050
OPERATING INCOME	199,832	285,483	321,232
OTHER INCOME (EXPENSE)
Interest income	766	415	39
Settlement charges and non-service component gains of retiree benefits	(37,017)	20,046	17,827
Debt issuance costs	(936)	0	(6,505)
Net (loss) gain on financial instruments	(962)	9,022	29,979
Loss from non-consolidated affiliates	(4,740)	(7,607)	(2,577)
Interest expense	(72,704)	(46,861)	(58,790)
Other Nonoperating Income (Expense)	(115,593)	(24,985)	(20,027)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	84,239	260,498	301,205
INCOME TAX EXPENSE	(24,491)	(64,060)	(72,225)
EARNINGS FROM CONTINUING OPERATIONS	59,748	196,438	228,980
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES	579	2,143	2,440
NET EARNINGS	$ 60,327	$ 198,581	$ 231,420
BASIC EARNINGS PER SHARE
Basic earnings per share from continuing operations (in dollars per share)	$ 0.87	$ 2.67	$ 3.33
Discontinued operations (in dollars per share)	0.01	0.03	0.03
TOTAL BASIC EARNINGS PER SHARE (in dollars per share)	0.88	2.70	3.36
DILUTED EARNINGS PER SHARE
Diluted earnings per share from continuing operations (in dollars per share)	0.82	2.26	2.80
Discontinued operations (in dollars per share)	0	0.02	0.03
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share)	$ 0.82	$ 2.28	$ 2.83
WEIGHTED AVERAGE SHARES
Basic (in shares)	68,641	73,611	68,853
Diluted (in shares)	75,561	88,324	76,216

ATSG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash, cash equivalents and restricted cash	$ 53,555	$ 27,134
Accounts receivable, net of allowance of $1,065 in 2023 and $939 in 2022	215,581	301,622
Inventory	49,939	57,764
Prepaid supplies and other	26,626	31,956
TOTAL CURRENT ASSETS	345,701	418,476
Property and equipment, net	2,820,769	2,402,408
Customer incentive	60,961	79,650
Goodwill and acquired intangibles	482,427	492,642
Operating lease assets	54,060	74,070
Other assets	118,172	122,647
TOTAL ASSETS	3,882,090	3,589,893
CURRENT LIABILITIES:
Accounts payable	227,652	192,992
Accrued salaries, wages and benefits	56,650	56,498
Accrued expenses	10,784	12,466
Current portion of debt obligations	54,710	639
Current portion of lease obligations	20,167	23,316
Unearned revenue and grants	30,226	21,546
TOTAL CURRENT LIABILITIES	400,189	307,457
Long term debt	1,707,572	1,464,285
Stock obligations	1,729	695
Post-retirement obligations	19,368	35,334
Long term lease obligations	34,990	51,575
Other liabilities	64,292	62,861
Deferred income taxes	285,248	255,180
TOTAL LIABILITIES	2,513,388	2,177,387
Commitments and contingencies (Note H)
STOCKHOLDERS’ EQUITY:
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock	0	0
Common stock, par value $0.01 per share; 150,000,000 shares authorized; 65,240,961 and 72,327,758 shares issued and outstanding in 2023 and 2022, respectively	652	723
Additional paid-in capital	836,270	986,303
Retained earnings	589,209	528,882
Accumulated other comprehensive loss	(57,429)	(103,402)
TOTAL STOCKHOLDERS’ EQUITY	1,368,702	1,412,506
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 3,882,090	$ 3,589,893

About Air Transport Services Group Inc

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments: Cargo Aircraft Management Inc. (CAM), and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2022, the company's in-service aircraft fleet consisted of 111 owned Boeing aircraft and 17 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. The company was founded in 1980 and is headquartered in Wilmington, Ohio.

CEO	Mr. Richard F. Corrado
WEBSITE	atsginc.com
INDUSTRY	Airlines
EMPLOYEES	5320

Air Transport Services Group Inc Frequently Asked Questions

What is the ticker symbol for Air Transport Services Group Inc? What does ATSG stand for in stocks?

ATSG is the stock ticker symbol of Air Transport Services Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Air Transport Services Group Inc (ATSG)?

As of Mon Apr 15 2024, market cap of Air Transport Services Group Inc is 813.8 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATSG stock?

You can check ATSG's fair value in chart for subscribers.

What is the fair value of ATSG stock?

You can check ATSG's fair value in chart for subscribers. The fair value of Air Transport Services Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Air Transport Services Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATSG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Air Transport Services Group Inc a good stock to buy?

The fair value guage provides a quick view whether ATSG is over valued or under valued. Whether Air Transport Services Group Inc is cheap or expensive depends on the assumptions which impact Air Transport Services Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATSG.

What is Air Transport Services Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ATSG's PE ratio (Price to Earnings) is 13.49 and Price to Sales (PS) ratio is 0.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATSG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Air Transport Services Group Inc's stock?

In the past 10 years, Air Transport Services Group Inc has provided 0.046 (multiply by 100 for percentage) rate of return.