Air Transport Services Group, Inc. (ATSG) Income Statement Analysis

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Complete financial analysis of Air Transport Services Group, Inc. (ATSG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Air Transport Services Group, Inc., a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.

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Air Transport Services Group, Inc. (ATSG)

Industry: Airlines, Airports & Air Services

Sector: Industrials

Website: https://www.atsginc.com

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. The company offers aircraft, flight crews, aircraft maintenance, 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, 2021, the company's in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
Revenue	2.07B	2.05B	2.05B	1.73B	1.57B	892.35M	1.07B	768.87M	619.26M	589.59M	580.02M	607.44M	730.13M	667.38M	823.48M	1.61B	1.17B	1.26B	1.46B	1.20B	1.16B	1.17B	1.17B	1.17B	1.05B
Cost of Revenue	1.87B	1.56B	1.56B	1.36B	1.22B	701.90M	910.91M	642.60M	477.29M	456.78M	452.23M	470.25M	294.07M	164.63M	124.78M	554.21M	498.38M	567.72M	808.24M	649.90M	558.47M	0.00	0.00	0.00	0.00
Gross Profit	199.83M	485.78M	485.78M	373.93M	350.52M	190.44M	157.29M	126.27M	141.97M	132.81M	127.79M	137.19M	436.06M	502.76M	698.70M	1.06B	676.14M	692.65M	656.15M	552.61M	602.49M	1.17B	1.17B	1.17B	1.05B
Gross Profit Ratio	9.65%	23.75%	23.75%	21.56%	22.32%	21.34%	14.72%	16.42%	22.93%	22.53%	22.03%	22.59%	59.72%	75.33%	84.85%	65.59%	57.57%	54.96%	44.81%	45.95%	51.90%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	9.79M	9.67M	9.67M	12.59M	9.90M	6.11M	4.82M	4.46M	3.65M	12.00M	6.22M	22.68M	217.22M	199.70M	402.04M	717.27M	652.75M	665.83M	644.28M	530.86M	481.78M	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	9.79M	9.67M	9.67M	12.59M	9.90M	6.11M	4.82M	4.46M	3.65M	12.00M	6.22M	22.68M	217.22M	199.70M	402.04M	717.27M	652.75M	665.83M	644.28M	530.86M	481.78M	451.47M	0.00	0.00	0.00
Other Expenses	0.00	20.05M	190.63M	40.11M	95.15M	8.18M	31.78M	38.02M	28.55M	38.62M	37.11M	35.82M	129.07M	124.80M	122.71M	136.64M	514.55M	582.56M	815.38M	656.68M	647.23M	673.73M	1.12B	1.12B	1.02B
Operating Expenses	-1.00	200.29M	200.29M	52.70M	105.05M	74.16M	63.99M	62.52M	69.18M	68.28M	62.02M	58.50M	346.29M	324.50M	524.75M	853.91M	1.17B	1.25B	1.46B	1.19B	1.13B	1.13B	1.12B	1.12B	1.02B
Cost & Expenses	1.87B	1.76B	1.76B	1.41B	1.33B	776.06M	974.91M	705.12M	546.47M	525.07M	514.25M	528.75M	640.36M	489.12M	649.53M	1.41B	1.67B	1.82B	2.27B	1.84B	1.69B	1.13B	1.12B	1.12B	1.02B
Interest Income	766.00K	415.00K	415.00K	39.00K	222.00K	251.00K	116.00K	131.00K	85.00K	92.00K	74.00K	136.00K	179.00K	316.00K	449.00K	2.34M	4.56M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	72.70M	46.86M	46.86M	58.79M	62.89M	28.80M	17.02M	11.32M	11.23M	13.94M	14.25M	14.38M	14.18M	18.68M	26.88M	37.00M	14.07M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	342.99M	331.06M	308.45M	278.07M	257.53M	178.90M	154.56M	135.50M	125.44M	108.25M	91.75M	84.48M	91.06M	87.59M	83.96M	94.45M	51.75M	45.66M	41.17M	36.82M	98.50M	147.99M	0.00	0.00	0.00
EBITDA	507.65M	638.42M	674.95M	382.35M	395.75M	295.17M	165.04M	181.27M	198.23M	172.78M	105.59M	165.18M	146.10M	169.59M	156.83M	85.62M	99.10M	88.45M	82.28M	81.82M	-428.01M	196.53M	43.49M	43.32M	34.52M
EBITDA Ratio	24.52%	14.59%	14.59%	19.03%	15.54%	12.80%	8.45%	8.31%	11.77%	10.96%	11.35%	12.98%	24.79%	25.41%	18.97%	10.98%	-37.41%	-40.47%	-52.06%	-49.74%	14.89%	16.74%	3.73%	3.71%	3.29%
Operating Income	199.83M	285.48M	-57.51M	-11.83M	-66.19M	111.02M	93.30M	63.75M	72.79M	64.53M	13.19M	78.69M	62.63M	81.68M	71.79M	202.63M	42.80M	42.79M	38.76M	45.00M	-559.17M	48.54M	43.49M	43.32M	34.52M
Operating Income Ratio	9.65%	13.96%	-2.81%	-0.68%	-4.21%	12.44%	8.73%	8.29%	11.75%	10.94%	2.27%	12.95%	8.58%	12.24%	8.72%	12.58%	3.64%	3.39%	2.65%	3.74%	-48.16%	4.14%	3.73%	3.71%	3.29%
Total Other Income/Expenses	-115.59M	-24.99M	-20.03M	-165.00M	-105.43M	-23.54M	-105.94M	-36.11M	-10.23M	-12.75M	-13.54M	-12.37M	-21.77M	-18.36M	-26.43M	-23.88M	-9.81M	-7.07M	-8.45M	-8.03M	-16.38M	-25.87M	-21.15M	-6.66M	-14.06M
Income Before Tax	84.24M	260.50M	260.50M	301.21M	41.39M	87.48M	-6.54M	34.45M	62.56M	51.78M	-359.00K	66.32M	40.86M	63.32M	45.36M	-45.83M	33.29M	36.01M	30.31M	36.97M	-575.55M	22.67M	22.35M	36.66M	20.47M
Income Before Tax Ratio	4.07%	12.74%	12.74%	17.37%	2.64%	9.80%	-0.61%	4.48%	10.10%	8.78%	-0.06%	10.92%	5.60%	9.49%	5.51%	-2.85%	2.83%	2.86%	2.07%	3.07%	-49.57%	1.93%	1.92%	3.14%	1.95%
Income Tax Expense	24.49M	64.06M	64.06M	72.23M	16.31M	19.60M	-28.28M	13.39M	23.41M	19.70M	19.27M	24.67M	17.00M	23.41M	17.16M	10.16M	13.70M	-54.04M	-842.27M	-679.93M	-128.64M	9.38M	9.53M	9.68M	8.94M
Net Income	60.33M	198.58M	231.42M	231.42M	25.08M	69.29M	18.50M	23.49M	41.22M	29.86M	-19.63M	40.87M	23.19M	39.83M	34.45M	-55.99M	19.59M	90.05M	30.31M	36.97M	-446.90M	13.29M	12.82M	26.98M	11.53M
Net Income Ratio	2.91%	9.71%	11.31%	13.34%	1.60%	7.76%	1.73%	3.05%	6.66%	5.06%	-3.38%	6.73%	3.18%	5.97%	4.18%	-3.48%	1.67%	7.15%	2.07%	3.07%	-38.49%	1.13%	1.10%	2.31%	1.10%
EPS	0.90	2.70	3.36	3.91	0.43	1.01	0.31	0.38	0.64	0.46	-0.31	0.64	0.37	0.63	0.55	-0.90	0.34	1.55	0.52	0.63	-8.52	0.25	0.25	0.52	0.22
EPS Diluted	0.82	2.25	3.04	3.86	0.36	1.01	0.31	0.37	0.63	0.46	-0.31	0.63	0.36	0.62	0.54	-0.90	0.33	1.54	0.52	0.63	-8.52	0.23	0.22	0.46	0.20
Weighted Avg Shares Out	68.64M	73.61M	68.85M	59.13M	58.90M	68.36M	58.91M	61.33M	64.24M	64.25M	63.31M	63.46M	63.28M	62.81M	62.67M	62.48M	58.30M	58.27M	58.27M	58.27M	52.47M	52.11M	52.11M	52.11M	52.11M
Weighted Avg Shares Out (Dil)	75.56M	88.32M	76.22M	59.93M	69.35M	68.36M	59.69M	62.99M	65.13M	65.21M	63.99M	64.42M	64.09M	64.01M	62.67M	62.48M	58.65M	58.40M	58.48M	58.27M	52.47M	58.52M	58.52M	58.52M	58.52M

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