Air T (AIRT) Interest Coverage Ratio (2010 - 2026)
Air T (AIRT) posted Interest Coverage Ratio of 2.7 for Q1 2026, down 206.54% on a QoQ basis from 0.88 in Q4 2025, and down 1880.99% year-over-year from 0.15 in Q1 2025.
Air T (AIRT) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Air T's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 2.7 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 1880.99% year-over-year to 2.7 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.61 (down 173.1% YoY) and the FY2026 annual result came in at 0.51, down 396.17% from the prior year.
- Interest Coverage Ratio was 2.7 for Q1 2026 at Air T, down from 0.88 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.88 in Q1 2022 and bottomed at 2.7 in Q1 2026.
- A 5-year average of 1.06 and a median of 0.27 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 362.04% — and 2026, when it plunged 1880.99%.
- Air T's Interest Coverage Ratio stood at 0.19 in 2022, then plunged by 262.67% to 0.31 in 2023, then jumped by 317.04% to 0.67 in 2024, then tumbled by 231.1% to 0.88 in 2025, then sank by 206.54% to 2.7 in 2026.
- Business Quant data shows AIRT's Interest Coverage Ratio at 2.7 in Q1 2026, 0.88 in Q4 2025, and 1.3 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.21 Bn | 88.88 Bn | 2.68 Bn | 4.87 |
| 2 | Honeywell International | 77.70 Bn | 68.50 Bn | 3.65 Bn | 4.92 |
| 3 | Valmont Industries | 9.65 Bn | 9.49 Bn | 316.88 Mn | 16.54 |
| 4 | Brookfield Business | 6.68 Bn | -9.90 Bn | 1.31 Bn | - |
| 5 | Seaboard | 4.48 Bn | 3.32 Bn | 217.00 Mn | 2.46 |
| 6 | Otter Tail | 3.85 Bn | 3.45 Bn | 239.49 Mn | 6.75 |
| 7 | Deluxe | 1.22 Bn | 1.19 Bn | 279.40 Mn | 2.59 |
| 8 | Tetra Technologies | 1.02 Bn | 989.42 Mn | 38.23 Mn | 3.96 |
| 9 | Matthews International | 891.71 Mn | 855.62 Mn | 101.98 Mn | -0.32 |
| 10 | Air T | 73.41 Mn | 52.06 Mn | 118.99 Mn | -2.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.70 |
| Dec 31, 2025 | -0.88 |
| Sep 30, 2025 | 1.30 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 1.67 |
| Jun 30, 2024 | -0.13 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | -0.31 |
| Sep 30, 2023 | 2.31 |
| Jun 30, 2023 | 1.64 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 1.66 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 10.88 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | -2.54 |
| Jun 30, 2021 | -0.44 |
| Mar 31, 2021 | -16.04 |