Air Transport Services Group (ATSG) Financial Statements

Price: $22.43
Market Cap: $1.48B
Avg Volume: 917.61K
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Beta: 0.796
52W Range: $11.69-22.45
Website: Air Transport Services Group

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Air Transport Services Group.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00-$90.00M-$90.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $1.96B $2.07B $2.05B $2.05B $1.73B $1.57B $892.35M $1.07B $768.87M $619.26M
Cost of Revenue $1.62B $1.87B $1.56B $1.56B $1.36B $1.22B $701.90M $910.91M $642.60M $477.29M
Gross Profit $344.93M $199.83M $485.77M $485.77M $373.93M $350.52M $190.44M $157.29M $126.27M $141.97M
Gross Profit Ratio 17.58% 9.70% 23.75% 23.70% 21.56% 22.32% 21.34% 14.72% 16.42% 22.93%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $11.51M $9.79M $9.67M $9.67M $12.59M $9.90M $6.11M $4.82M $4.46M $3.65M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $11.51M $9.79M $9.67M $9.67M $12.59M $9.90M $6.11M $4.82M $4.46M $3.65M
Other Expenses $205.62M $- $20.05M $190.63M $40.11M $95.15M $8.18M $31.78M $38.02M $28.55M
Operating Expenses $217.13M $-1 $200.29M $200.29M $52.70M $105.05M $74.16M $63.99M $62.52M $69.18M
Cost and Expenses $1.83B $1.87B $1.76B $1.76B $1.41B $1.33B $776.06M $974.90M $705.12M $546.47M
Interest Income $959.00K $766.00K $415.00K $415.00K $39.00K $222.00K $251.00K $116.00K $131.00K $85.00K
Interest Expense $82.70M $72.70M $46.86M $46.86M $58.79M $62.89M $28.80M $17.02M $11.32M $11.23M
Depreciation and Amortization $415.62M $342.99M $331.06M $308.45M $278.07M $257.53M $178.90M $154.56M $135.50M $125.44M
EBITDA $540.66M $507.65M $638.42M $674.95M $382.35M $395.75M $295.17M $165.04M $181.27M $198.23M
EBITDA Ratio 27.56% 24.52% 14.59% 14.59% 19.03% 15.54% 12.80% 8.45% 8.31% 11.77%
Operating Income $127.80M $199.83M $285.48M $-57.51M $-11.83M $-66.19M $111.02M $93.30M $63.75M $72.79M
Operating Income Ratio 6.51% 9.65% 13.96% -2.81% -0.68% -4.21% 12.44% 8.73% 8.29% 11.75%
Total Other Income Expenses Net $-85.46M $-115.59M $-24.98M $-20.03M $-165.00M $-105.42M $-23.54M $-105.94M $-36.11M $-10.23M
Income Before Tax $42.34M $84.24M $260.50M $260.50M $301.20M $41.39M $87.48M $-6.54M $34.45M $62.56M
Income Before Tax Ratio 2.16% 4.07% 12.74% 12.74% 17.37% 2.64% 9.80% -0.61% 4.48% 10.10%
Income Tax Expense $14.91M $24.49M $64.06M $64.06M $72.22M $16.31M $19.59M $-28.28M $13.39M $23.41M
Net Income $27.43M $60.33M $198.58M $231.42M $231.42M $25.08M $69.28M $18.50M $23.49M $41.22M
Net Income Ratio 1.40% 2.91% 9.71% 11.31% 13.34% 1.60% 7.76% 1.73% 3.05% 6.66%
EPS $0.88 $0.90 $2.70 $3.36 $3.91 $0.43 $1.01 $0.31 $0.38 $0.64
EPS Diluted $0.85 $0.82 $2.25 $3.04 $3.86 $0.36 $1.01 $0.31 $0.37 $0.63
Weighted Average Shares Outstanding 65.03M 68.64M 73.61M 68.85M 59.13M 58.90M 68.36M 58.91M 61.33M 64.24M
Weighted Average Shares Outstanding Diluted 67.31M 75.56M 88.32M 76.22M 59.93M 69.35M 68.36M 59.69M 62.99M 65.13M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$1.60B$1.60B$1.20B$1.20B$800.00M$800.00M$400.00M$400.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $60.58M $53.55M $27.13M $27.13M $69.50M $39.72M $59.32M $32.70M $16.36M $17.70M
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $60.58M $53.55M $27.13M $27.13M $69.50M $39.72M $59.32M $32.70M $16.36M $17.70M
Net Receivables $208.27M $215.58M $301.62M $205.40M $153.51M $162.87M $147.75M $109.11M $77.25M $57.99M
Inventory $49.87M $49.94M $57.76M $57.76M $49.20M $40.41M $33.54M $22.17M $19.93M $12.96M
Other Current Assets $32.87M $26.63M $31.96M $- $- $- $18.61M $20.52M $19.12M $12.66M
Total Current Assets $351.58M $345.70M $418.48M $418.48M $352.84M $272.74M $259.22M $184.50M $132.65M $101.31M
Property Plant Equipment Net $2.81B $2.87B $2.48B $2.48B $2.19B $2.01B $1.56B $1.16B $1.00B $875.40M
Goodwill $467.32M $395.97M $395.97M $395.97M $395.97M $395.97M $390.75M $37.28M $37.13M $34.40M
Intangible Assets $125.70M $86.45M $96.67M $109.15M $120.32M $131.68M $144.61M $7.30M $8.45M $4.33M
Goodwill and Intangible Assets $467.32M $482.43M $492.64M $492.64M $505.12M $516.29M $535.36M $44.58M $45.59M $38.73M
Long Term Investments $- $22.70M $-175.53M $10.30M $-217.29M $-141.26M $-49.46M $34.92M $-122.53M $-96.86M
Tax Assets $- $123.07M $255.18M $255.18M $217.29M $141.26M $113.24M $99.44M $122.53M $96.86M
Other Non-Current Assets $268.77M $33.36M $122.65M $-63.18M $216.79M $204.12M $57.22M $25.43M $80.10M $26.83M
Total Non-Current Assets $3.54B $3.54B $3.17B $3.17B $2.91B $2.73B $2.21B $1.36B $1.13B $940.96M
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $3.89B $3.88B $3.59B $3.59B $3.27B $3.00B $2.47B $1.55B $1.26B $1.04B
Account Payables $236.94M $227.65M $192.99M $174.24M $141.43M $141.09M $109.84M $99.73M $60.70M $44.42M
Short Term Debt $19.21M $95.04M $47.27M $19.41M $31.53M $27.56M $29.65M $18.51M $29.31M $33.74M
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $30.00M $30.23M $21.55M $21.55M $47.38M $53.52M $19.08M $15.85M $18.41M $12.96M
Other Current Liabilities $73.07M $37.88M $34.80M $86.55M $94.52M $172.10M $70.56M $50.58M $47.37M $35.56M
Total Current Liabilities $359.22M $400.19M $307.46M $307.46M $312.63M $301.99M $229.13M $184.67M $155.78M $126.81M
Long Term Debt $70.64M $1.74B $1.52B $1.35B $1.53B $1.50B $1.37B $551.61M $429.42M $284.33M
Deferred Revenue Non-Current $- $-123.07M $36.03M $- $22.25M $138.57M $268.27M $272.49M $167.15M $108.19M
Deferred Tax Liabilities Non-Current $296.79M $408.32M $255.18M $255.18M $217.29M $141.26M $113.24M $99.44M $122.53M $96.86M
Other Non-Current Liabilities $1.68B $-37.68M $354.07M $286.16M $318.06M $596.59M $433.42M $417.29M $342.23M $170.11M
Total Non-Current Liabilities $2.05B $2.11B $1.87B $1.87B $1.63B $1.84B $1.81B $968.89M $771.64M $551.30M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.41B $2.51B $2.18B $2.18B $1.94B $2.15B $2.03B $1.15B $927.43M $678.11M
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $659.00K $652.00K $723.00K $723.00K $741.00K $596.00K $591.00K $591.00K $595.00K $641.00K
Retained Earnings $616.64M $589.21M $528.88M $528.88M $309.43M $78.01M $56.05M $-13.75M $-32.24M $-55.73M
Accumulated Other Comprehensive Income Loss $-49.28M $-57.43M $-103.40M $-103.40M $-62.08M $-78.66M $-91.36M $-63.02M $-79.87M $-99.01M
Other Total Stockholders Equity $915.99M $836.27M $986.30M $1.07B $855.55M $475.72M $471.16M $471.46M $443.42M $518.26M
Total Stockholders Equity $1.48B $1.37B $1.41B $1.41B $1.32B $855.50M $436.44M $395.28M $331.90M $364.16M
Total Equity $1.48B $1.37B $1.41B $1.41B $1.32B $855.50M $436.44M $395.28M $331.90M $364.16M
Total Liabilities and Stockholders Equity $3.89B $3.88B $3.59B $3.59B $3.27B $3.00B $2.47B $1.55B $1.26B $1.04B
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $3.89B $3.88B $3.59B $3.59B $3.27B $3.00B $2.47B $1.55B $1.26B $1.04B
Total Investments $- $22.70M $-175.53M $10.30M $-217.29M $-141.26M $-49.46M $34.92M $-122.53M $-96.86M
Total Debt $54.54M $1.82B $1.54B $1.54B $1.36B $1.55B $1.40B $570.12M $458.72M $318.20M
Net Debt $-6.04M $1.76B $1.51B $1.51B $1.29B $1.51B $1.34B $537.42M $442.36M $300.50M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$800.00M$800.00M$400.00M$400.00M$0.00$0.00-$400.00M-$400.00M-$800.00M-$800.00M-$1.20B-$1.20B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$1.00B$1.00B$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $59.75M $59.75M $198.58M $198.58M $231.42M $32.12M $69.28M $18.50M $23.49M $41.22M
Depreciation and Amortization $363.53M $342.99M $355.85M $355.85M $341.85M $310.32M $204.56M $170.75M $140.00M $125.44M
Deferred Income Tax $16.53M $16.53M $54.86M $54.86M $70.54M $18.49M $18.99M $-30.77M $13.81M $23.69M
Stock Based Compensation $9.73M $8.52M $8.34M $7.39M $7.48M $7.00M $5.05M $3.63M $3.17M $2.45M
Change in Working Capital $- $179.56M $-146.77M $-146.77M $-53.99M $-13.42M $3.68M $-27.84M $-17.01M $-23.56M
Accounts Receivables $8.17M $79.19M $-96.22M $-96.22M $-51.89M $9.36M $25.38M $-31.31M $-9.60M $-14.41M
Inventory $12.00M $12.00M $-18.98M $-18.98M $-3.12M $-27.82M $-3.27M $-4.11M $-5.27M $-3.90M
Accounts Payables $18.38M $58.15M $6.05M $6.05M $30.39M $5.58M $10.72M $23.50M $5.60M $4.42M
Other Working Capital $- $30.23M $-37.62M $-37.62M $-29.37M $-538.00K $-29.15M $-15.92M $-7.75M $-9.68M
Other Non Cash Items $204.55M $46.74M $1.26M $1.26M $-13.65M $157.32M $-3.53M $100.72M $29.64M $4.45M
Net Cash Provided by Operating Activities $654.08M $654.08M $472.12M $472.12M $583.56M $512.30M $298.02M $234.99M $193.09M $173.70M
Investments in Property Plant and Equipment $- $-793.45M $-599.43M $-599.43M $-504.75M $-510.42M $-292.92M $-296.94M $-264.48M $-158.71M
Acquisitions Net $-20.45M $27.52M $-16.55M $-16.55M $-2.15M $-13.33M $-866.56M $-11.79M $-17.39M $-
Purchases of Investments $- $- $- $-2.15M $-13.33M $-24.36M $- $-9.59M $-17.39M $-
Sales Maturities of Investments $- $- $- $2.15M $13.33M $24.36M $- $9.97M $- $-
Other Investing Activities $-745.48M $1 $15.91M $15.91M $19.43M $24.58M $17.57M $9.97M $12.38M $6.84M
Net Cash Used for Investing Activities $-765.93M $-765.93M $-600.06M $-600.06M $-487.48M $-499.17M $-1.14B $-298.38M $-269.49M $-151.87M
Debt Repayment $-215.87M $306.11M $144.17M $-402.81M $-516.89M $60.52M $886.36M $119.30M $140.93M $-24.34M
Common Stock Issued $- $- $- $339.37M $500.00M $- $- $- $- $-
Common Stock Repurchased $-155.35M $-155.35M $-53.87M $-53.87M $-2.73M $-2.44M $-3.58M $-11.18M $-63.57M $-10.35M
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $354.13M $-12.50M $-4.72M $336.51M $500.00M $-3.52M $-12.28M $-28.40M $-2.30M $-1.31M
Net Cash Used Provided by Financing Activities $138.27M $138.27M $85.58M $85.58M $-66.30M $-19.62M $870.50M $79.72M $75.06M $-34.69M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $26.42M $26.42M $-42.36M $-42.36M $29.78M $-6.48M $26.62M $16.34M $-1.34M $-12.86M
Cash at End of Period $53.55M $53.55M $27.13M $27.13M $69.50M $39.72M $59.32M $32.70M $16.36M $17.70M
Cash at Beginning of Period $27.13M $27.13M $69.50M $69.50M $39.72M $46.20M $32.70M $16.36M $17.70M $30.56M
Operating Cash Flow $654.08M $654.08M $472.12M $472.12M $583.56M $512.30M $298.02M $234.99M $193.09M $173.70M
Capital Expenditure $- $-793.45M $-599.43M $-599.43M $-504.75M $-510.42M $-292.92M $-296.94M $-264.48M $-158.71M
Free Cash Flow $654.08M $-139.37M $-127.31M $-127.31M $78.81M $1.89M $5.11M $-61.95M $-71.39M $14.98M