Air T (AIRT) Tax Rate (2010 - 2025)
Air T's Tax Rate came in at -4.66% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 21.51 percentage points from 16.85% a year earlier and down 3.64 percentage points from the prior quarter.
Air T (AIRT) Tax Rate (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Air T reported Tax Rate of 3.05%, up 5.93 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 1.59%, up 10.07 percentage points from FY2025.
- Tax Rate carries a five-year change of -27.16 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was -8.48% in FY2025 (+9.95 pp), -18.43% in FY2024 (-14.63 pp), -3.81% in FY2023 (-12.53 pp) and 8.73% in FY2022 (-20.02 pp).
- The five-year range for quarterly Tax Rate is -44.60% (fiscal Q2 2024) to 416.67% (fiscal Q3 2023).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -1.49 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q3 2023 (a gain of 396.27 percentage points), and the weakest in fiscal Q3 2024 (a drop of 426.89 percentage points).
- Business Quant data shows AIRT's Tax Rate at -1.02% (Q4 2026), -6.44% (Q3 2026) and 30.43% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 20.96% |
| 10 | Air T | 76.39 Mn | -3.24 Mn | 70.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 30.43% |
| Sep 30, 2024 | 10.18% |
| Jun 30, 2024 | 68.93% |
| Jun 30, 2023 | 114.67% |
| Mar 31, 2022 | 21.80% |
| Sep 30, 2021 | 0.47% |
| Dec 31, 2019 | 51.46% |
| Mar 31, 2019 | 31.65% |
| Jun 30, 2018 | 10.55% |
| Sep 30, 2017 | 37.00% |
| Jun 30, 2017 | 23.32% |
| Mar 31, 2017 | 65.63% |
| Dec 31, 2016 | 8.21% |
| Sep 30, 2016 | 25.78% |
| Dec 31, 2015 | 38.00% |
| Sep 30, 2015 | 30.96% |
| Dec 31, 2014 | 32.29% |
| Sep 30, 2014 | 29.50% |
| Jun 30, 2014 | 38.38% |
| Mar 31, 2014 | 53.47% |
Air T Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AIRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AIRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AIRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();