Market Summary
USD20.74-0.26
Market Closed-1.24%
ATSG Stock Price
ATSG RSI Chart
ATSG Valuation
ATSG Price/Sales (Trailing)
ATSG Profitability
ATSG Fundamentals
ATSG Revenue
ATSG Earnings
Price Action
52 Week Range
14.3929.55
(Low)(High)
Last 7 days
-2.7%
Last 30 days
-4.6%
Last 90 days
11.4%
Trailing 12 Months
-16.4%
ATSG Financial Health
ATSG Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for ATSG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-09 | AMAZON COM INC | sold | -22,951,500 | 19.5 | -1,177,000 | - |
2023-07-28 | HETE JOSEPH C | gifted | -78,920 | 19.73 | -4,000 | - |
2023-05-23 | Johns Raymond E Jr | gifted | -3,444 | 17.22 | -200 | - |
2023-05-19 | Fedders Matthew E. | bought | 19,920 | 16.6 | 1,200 | vp, controller |
2023-05-18 | Johns Raymond E Jr | bought | 36,278 | 16.49 | 2,200 | - |
2023-05-10 | Chase Paul | bought | 51,764 | 15.71 | 3,295 | chief commercial officer |
2023-05-09 | HETE JOSEPH C | bought | 93,860 | 14.44 | 6,500 | - |
2023-05-09 | VORHOLT JEFFREY J | bought | 14,730 | 14.73 | 1,000 | - |
2023-05-09 | PAYNE W JOSEPH | bought | 28,860 | 14.43 | 2,000 | chief legal officer & sec. |
2023-05-09 | Berger Michael L | bought | 19,123 | 14.71 | 1,300 | chief strategy officer |
Which funds bought or sold ATSG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | reduced | -17.11 | -98,625 | 224,760 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -59.95 | -510,000 | 290,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 121 | 317,612 | 632,145 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -7.99 | -129,902 | 650,411 | -% |
2023-08-21 | BOKF, NA | sold off | -100 | -520,875 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -20.67 | -72,035 | 184,157 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -25.77 | -5,467,220 | 11,223,800 | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 230 | 2,366,170 | 3,552,720 | -% |
2023-08-15 | Caxton Associates LP | sold off | -100 | -339,258 | - | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | added | 55.16 | 2,992,200 | 10,369,900 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Air Transport Services Group
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 08, 2023 | river road asset management, llc | 11.5% | 8,371,070 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 5.2% | 3,813,845 | SC 13G/A | |
| Jan 06, 2023 | jpmorgan chase & co | 5.0% | 3,801,587 | SC 13G | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 7.21% | 5,350,663 | SC 13G/A | |
| Feb 09, 2022 | river road asset management, llc | 11.9% | 8,808,005 | SC 13G/A |
Recent SEC filings of Air Transport Services Group
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 15, 2023 | 8-K | Current Report | |
| Aug 11, 2023 | 4 | Insider Trading | |
| Aug 07, 2023 | 10-Q | Quarterly Report | |
| Aug 03, 2023 | 8-K | Current Report | |
| Aug 03, 2023 | 4 | Insider Trading | |
| Jul 10, 2023 | SC 13G/A | Major Ownership Report |
Peers (Alternatives to Air Transport Services Group)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
FDX | 59.7B | 88.6B | 0.25% | 68.95% | 17.9 | 0.63 | -6.50% | 16.33% |
DAL | 24.5B | 55.7B | -10.73% | 25.73% | 298.7 | 0.53 | 33.38% | 398.83% |
EXPD | 16.8B | 12.6B | -0.69% | 29.16% | 15.88 | 1.33 | -33.44% | -31.22% |
LUV | 16.7B | 25.1B | -11.15% | -14.10% | 38.46 | 0.66 | 18.83% | -71.05% |
CHRW | 10.0B | 20.1B | -7.79% | -13.30% | 18.71 | 0.5 | -23.75% | -51.25% |
| MID-CAP | ||||||||
XPO | 8.0B | 7.6B | -2.39% | 55.58% | 94.75 | 1.05 | 0.77% | -87.90% |
AAWW | 2.9B | 4.5B | 0.24% | 22.01% | 8.22 | 0.64 | 12.86% | -27.86% |
FWRD | 1.7B | 1.8B | 1.47% | -27.11% | 11.19 | 0.93 | -2.22% | -6.61% |
JBLU | 1.5B | 9.9B | -28.14% | -36.34% | 55.75 | 0.15 | 24.14% | 106.11% |
| SMALL-CAP | ||||||||
SAVE | 2.0B | 5.5B | -2.64% | -26.60% | -4.4 | 0.37 | 29.98% | -29.36% |
ATSG | 1.5B | 2.1B | -4.56% | -16.44% | 9.66 | 0.71 | 7.02% | -29.07% |
RLGT | 276.7M | 1.1B | -14.85% | 0.17% | 13.43 | 0.25 | 49.19% | -53.68% |
AIRT | 62.8M | 267.9M | 6.29% | -2.83% | -5.52 | 0.23 | 40.28% | -223.76% |
HUBG | 2.5M | 4.8B | -0.14% | 11.85% | 0.01 | 5e-4 | -3.92% | -13.56% |
Air Transport Services Group News
Returns for ATSG
Cumulative Returns on ATSG
10.7%
10-Year Cumulative Returns
6.2%
7-Year Cumulative Returns
-1.2%
5-Year Cumulative Returns
-5.7%
3-Year Cumulative Returns
Risks for ATSG
What is the probability of a big loss on ATSG?
90.8%
Probability that Air Transport Services Group stock will be more than 20% underwater in next one year
43.9%
Probability that Air Transport Services Group stock will be more than 30% underwater in next one year.
23.5%
Probability that Air Transport Services Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ATSG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Air Transport Services Group was unfortunately bought at previous high price.
Drawdowns
Financials for Air Transport Services Group
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 1.0% | 2,080 | 2,061 | 2,045 | 1,995 | 1,944 | 1,844 | 1,734 | 1,651 | 1,589 | 1,557 | 1,571 | 1,575 | 1,536 | 1,493 | 1,452 | 1,330 | 1,168 | 1,037 | 892 | 935 | 984 |
| Operating Expenses | - | - | - | - | 1,702 | 1,624 | 1,510 | 1,413 | 1,351 | 1,315 | 1,344 | 1,364 | 1,375 | 1,371 | 1,313 | 1,275 | 1,172 | 1,025 | 908 | 781 | 822 | 874 |
| EBITDA | -100.0% | - | 607 | 638 | 638 | 652 | 686 | 668 | 598 | 513 | 297 | 382 | 435 | 538 | 616 | 396 | 453 | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.29* | 0.31* | 0.32* | 0.34* | 0.37* | 0.39* | 0.36* | 0.32* | 0.19* | 0.24* | 0.28* | 0.35* | 0.41* | 0.27* | 0.34* | - | - | - | - | - |
| Interest Expenses | 14.1% | 58.00 | 51.00 | 47.00 | 48.00 | 50.00 | 56.00 | 59.00 | 59.00 | 60.00 | 61.00 | 63.00 | 64.00 | 65.00 | 66.00 | 67.00 | 96.00 | 85.00 | 73.00 | 29.00 | 22.00 | 20.00 |
| Earnings Before Taxes | -8.8% | 202 | 222 | 260 | 260 | 276 | 311 | 301 | 242 | 166 | -44.28 | 41.00 | -3.38 | 102 | 185 | 72.00 | 113 | 41.00 | 94.00 | 87.00 | 136 | 77.00 |
| EBT Margin | -100.0% | - | 0.11* | 0.13* | 0.13* | 0.14* | 0.17* | 0.17* | 0.15* | 0.10* | -0.03* | 0.03* | 0.00* | 0.07* | 0.12* | 0.05* | 0.09* | - | - | - | - | - |
| Net Income | -10.1% | 152 | 169 | 199 | 200 | 214 | 239 | 231 | 189 | 119 | -65.97 | 29.00 | -14.12 | 97.00 | 175 | 60.00 | 96.00 | 24.00 | 75.00 | 68.00 | 167 | 106 |
| Net Income Margin | -100.0% | - | 0.08* | 0.10* | 0.10* | 0.11* | 0.13* | 0.13* | 0.11* | 0.07* | -0.04* | 0.02* | -0.01* | 0.06* | 0.12* | 0.04* | 0.07* | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -147 | -127 | 27.00 | 28.00 | 97.00 | 79.00 | -25.99 | 26.00 | 45.00 | 2.00 | 2.00 | -66.12 | -116 | -56.56 | -11.48 | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.4% | 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 | 1,553 | 1,517 |
| Current Assets | -13.9% | 351 | 408 | 418 | 389 | 390 | 331 | 353 | 312 | 333 | - | 273 | 273 | 288 | 307 | 267 | 234 | 239 | 239 | 259 | 177 | 170 |
| Cash Equivalents | -51.8% | 43.00 | 90.00 | 27.00 | - | 47.00 | 36.00 | 69.00 | - | - | - | 40.00 | - | - | - | 46.00 | - | - | - | - | - | - |
| Inventory | -0.1% | 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 | 24.00 | 24.00 |
| Net PPE | 4.9% | 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 | 1,227 | 1,201 |
| Goodwill | - | - | - | - | - | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 396 | 391 | 37.00 | 37.00 |
| Liabilities | 0.9% | 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 | 1,082 | 1,082 |
| Current Liabilities | 13.4% | 393 | 347 | 307 | 319 | 328 | 318 | 313 | 286 | 336 | - | 302 | 313 | 303 | 254 | 263 | 277 | 259 | 242 | 229 | 174 | 161 |
| Long Term Debt | -1.9% | 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 | 527 | 506 |
| Shareholder's Equity | 2.1% | 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 | 471 | 436 |
| Retained Earnings | 6.9% | 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 | 60.00 | 27.00 |
| Additional Paid-In Capital | -1.3% | 951 | 964 | 986 | 1,039 | 1,037 | 1,035 | 1,035 | 992 | 990 | - | 856 | 701 | 478 | 476 | 476 | 475 | 473 | 471 | 471 | 471 | 469 |
| Shares Outstanding | -1.0% | 71.00 | 71.00 | 72.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 68.00 | 59.00 | 60.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 12.0% | 630 | 563 | 472 | 552 | 527 | 585 | 584 | 518 | 570 | 538 | 512 | 513 | 436 | 389 | 397 | 404 | 365 | 337 | 298 | 245 | 252 |
| Share Based Compensation | 4.5% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 5.00 | 5.00 | 4.00 |
| Cashflow From Investing | 1.3% | -692 | -701 | -600 | -521 | -496 | -468 | -487 | -531 | -538 | -479 | -499 | -513 | -494 | -505 | -467 | -1,284 | -1,238 | -1,184 | -1,141 | -287 | -301 |
| Cashflow From Financing | -69.8% | 58.00 | 193 | 86.00 | -26.16 | -68.26 | -132 | -66.30 | 2.00 | -7.02 | -77.37 | -19.62 | 15.00 | 63.00 | 139 | 57.00 | 884 | 896 | 850 | 871 | 33.00 | 18.00 |
| Buy Backs | 68.2% | 74.00 | 44.00 | 54.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.00 | 4.00 | 4.00 | 4.00 |
ATSG Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| REVENUES | $ 529,339 | $ 509,668 | $ 1,030,434 | $ 995,528 |
| OPERATING EXPENSES | ||||
| Salaries, wages and benefits | 170,458 | 162,797 | 347,173 | 324,559 |
| Depreciation and amortization | 82,691 | 81,372 | 167,419 | 163,443 |
| Maintenance, materials and repairs | 50,436 | 39,407 | 94,269 | 75,116 |
| Fuel | 67,271 | 73,102 | 134,026 | 133,460 |
| Contracted ground and aviation services | 19,682 | 20,153 | 37,470 | 38,484 |
| Travel | 31,222 | 28,480 | 60,775 | 52,679 |
| Landing and ramp | 4,744 | 4,085 | 8,868 | 8,663 |
| Rent | 8,274 | 7,068 | 16,386 | 13,731 |
| Insurance | 2,684 | 2,326 | 5,232 | 4,878 |
| Other operating expenses | 22,136 | 20,361 | 41,652 | 40,204 |
| Operating expenses | 459,598 | 439,151 | 913,270 | 855,217 |
| OPERATING INCOME | 69,741 | 70,517 | 117,164 | 140,311 |
| OTHER INCOME (EXPENSE) | ||||
| Interest income | 180 | 15 | 395 | 24 |
| Non-service component of retiree benefit (loss) gains | (3,218) | 5,388 | (6,436) | 10,776 |
| Net gain on financial instruments | 1,818 | 6,011 | 78 | 8,707 |
| Loss from non-consolidated affiliate | (2,107) | (3,220) | (2,513) | (4,623) |
| Interest expense | (16,672) | (9,461) | (32,377) | (20,860) |
| Other Nonoperating Income (Expense) | (19,999) | (1,267) | (40,853) | (5,976) |
| EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 49,742 | 69,250 | 76,311 | 134,335 |
| INCOME TAX EXPENSE | (11,720) | (15,040) | (18,148) | (30,329) |
| EARNINGS FROM CONTINUING OPERATIONS | 38,022 | 54,210 | 58,163 | 104,006 |
| EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES | 0 | 882 | 0 | 882 |
| NET EARNINGS | $ 38,022 | $ 55,092 | $ 58,163 | $ 104,888 |
| BASIC EARNINGS PER SHARE | ||||
| Basic earnings per share from continuing operations (in dollars per share) | $ 0.54 | $ 0.73 | $ 0.82 | $ 1.41 |
| Discontinued operations (in dollars per share) | 0 | 0.01 | 0 | 0.01 |
| TOTAL BASIC EARNINGS PER SHARE (in dollars per share) | 0.54 | 0.74 | 0.82 | 1.42 |
| DILUTED EARNINGS PER SHARE | ||||
| Diluted earnings per share from continuing operations (in dollars per share) | 0.49 | 0.61 | 0.73 | 1.18 |
| Discontinued operations (in dollars per share) | 0 | 0.01 | 0 | 0.01 |
| TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) | $ 0.49 | $ 0.62 | $ 0.73 | $ 1.19 |
| WEIGHTED AVERAGE SHARES | ||||
| Basic (in shares) | 70,722 | 73,980 | 71,259 | 73,934 |
| Diluted (in shares) | 79,515 | 89,449 | 81,276 | 89,098 |
ATSG Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|---|
| CURRENT ASSETS: | |||
| Cash, cash equivalents and restricted cash | $ 43,150 | $ 27,134 | |
| Accounts receivable, net of allowance of $1,186 in 2023 and $939 in 2022 | 218,312 | 301,622 | |
| Inventory | 57,648 | 57,764 | |
| Prepaid supplies and other | 32,387 | 31,956 | |
| TOTAL CURRENT ASSETS | 351,497 | 418,476 | |
| Property and equipment, net | 2,678,980 | 2,402,408 | |
| Customer incentive | 69,109 | 79,650 | |
| Goodwill and acquired intangibles | 487,534 | 492,642 | |
| Operating lease assets | 60,808 | 74,070 | |
| Other assets | 104,637 | 122,647 | |
| TOTAL ASSETS | 3,752,565 | 3,589,893 | |
| CURRENT LIABILITIES: | |||
| Accounts payable | 269,805 | 192,992 | |
| Accrued salaries, wages and benefits | 51,509 | 56,498 | |
| Accrued expenses | 11,061 | 12,466 | |
| Current portion of debt obligations | 645 | 639 | |
| Current portion of lease obligations | 21,771 | 23,316 | |
| Unearned revenue and grants | 38,654 | 21,546 | |
| TOTAL CURRENT LIABILITIES | 393,445 | 307,457 | |
| Long term debt | 1,514,737 | 1,464,285 | |
| Stock obligations | 1,762 | 695 | |
| Post-retirement obligations | 32,612 | 35,334 | |
| Long term lease obligations | 40,032 | 51,575 | |
| Other liabilities | 54,565 | 62,861 | |
| Deferred income taxes | 272,208 | 255,180 | |
| TOTAL LIABILITIES | 2,309,361 | 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, shares outstanding (in shares) | 70,761,243 | 72,327,758 | |
| Common stock, par value $0.01 per share; 150,000,000 shares authorized; 70,761,243 and 72,327,758 shares issued and outstanding in 2023 and 2022, respectively | $ 708 | $ 723 | |
| Additional paid-in capital | 951,463 | 986,303 | |
| Retained earnings | 587,045 | 528,882 | |
| Accumulated other comprehensive loss | (96,012) | (103,402) | |
| TOTAL STOCKHOLDERS’ EQUITY | 1,443,204 | 1,412,506 | |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 3,752,565 | $ 3,589,893 |