Air Net Income from 2010 to 2024
| ATSG Stock | USD 12.83 0.19 1.50% |
Net Income | First Reported 2001-03-31 | Previous Quarter 17.2 M | Current Value -15 M | Quarterly Volatility 58.2 M |
Check Air Transport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air main balance sheet or income statement drivers, such as Interest Expense of 85.9 M, Total Revenue of 1.3 B or Gross Profit of 189.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.24 or PTB Ratio of 1.43. Air financial statements analysis is a perfect complement when working with Air Transport Valuation or Volatility modules.
Air | Net Income |
Latest Air Transport's Net Income Growth Pattern
Below is the plot of the Net Income of Air Transport Services over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Air Transport Services financial statement analysis. It represents the amount of money remaining after all of Air Transport Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Air Transport's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Transport's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 59.75 M | 10 Years Trend |
|
Net Income |
| Timeline |
Air Net Income Regression Statistics
| Arithmetic Mean | 67,983,329 | |
| Coefficient Of Variation | 120.34 | |
| Mean Deviation | 61,169,691 | |
| Median | 34,607,936 | |
| Standard Deviation | 81,808,392 | |
| Sample Variance | 6692.6T | |
| Range | 251M | |
| R-Value | 0.55 | |
| Mean Square Error | 5060.8T | |
| R-Squared | 0.30 | |
| Significance | 0.04 | |
| Slope | 9,983,195 | |
| Total Sum of Squares | 93696.6T |
Air Net Income History
Other Fundumenentals of Air Transport Services
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Air Transport Net Income component correlations
About Air Transport Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Air Transport income statement, its balance sheet, and the statement of cash flows. Air Transport investors use historical funamental indicators, such as Air Transport's Net Income, to determine how well the company is positioned to perform in the future. Although Air Transport investors may use each financial statement separately, they are all related. The changes in Air Transport's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Transport's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Air Transport Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Transport. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 59.7 M | 34.3 M | |
| Net Income Applicable To Common Shares | 228.4 M | 239.8 M | |
| Net Income From Continuing Ops | 117.6 M | 72.4 M | |
| Net Income Per Share | 0.88 | 0.92 | |
| Net Income Per E B T | 0.72 | 0.68 |
Pair Trading with Air Transport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Transport will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.61 | HA | Hawaiian Holdings Earnings Call Today | PairCorr |
| 0.73 | VLRS | Volaris | PairCorr |
| 0.69 | WERN | Werner Enterprises Earnings Call This Week | PairCorr |
Moving against Air Stock
| 0.82 | CP | Canadian Pacific Railway Earnings Call Tomorrow | PairCorr |
| 0.73 | CNI | Canadian National Railway Earnings Call Today | PairCorr |
| 0.73 | ULH | Universal Logistics Earnings Call This Week | PairCorr |
| 0.72 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
| 0.65 | CPA | Copa Holdings SA Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Air Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Transport Services to buy it.
The correlation of Air Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Transport Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Air Transport Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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Is Air Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.82 | Revenue Per Share 30.166 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0272 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.