Air T (AIRTP) Gross Margin (2019 - 2025)
Air T (AIRTP) reported Gross Margin of 98.84% for Q4 2025, down 87.0% on a YoY basis from 760.31% in Q4 2024, and up 10.06% quarter-over-quarter from 89.81% in Q3 2025.
Air T (AIRTP) Gross Margin (2019 - 2025) Analysis & Trends
Air T has reported Gross Margin for 7 years, with the latest figure at 98.84% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 87.0% year-over-year to 98.84%; the trailing twelve-month figure through Dec 2025 stood at 111.55% (up 1729.0% YoY), and the FY2025 full-year result was 100.0%, up 1110.0% from the prior year.
- Gross Margin for Q4 2025 stood at 98.84%, up from 89.81% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q2 2025, with the low at 52.93% in Q2 2022.
- Historically, Gross Margin has averaged 80.46% across 5 years, with a median of 86.64% in 2023.
- Annual changes were most pronounced in 2021 — Gross Margin tumbled 3795 bps — and 2023, when it soared 4583 bps.
- Air T's Gross Margin stood at 64.32% in 2021, then climbed by 7 bps to 68.77% in 2022, then grew by 30 bps to 89.08% in 2023, then gained by 12 bps to 99.71% in 2024, then retreated by 1 bps to 98.84% in 2025.
- The last three Gross Margin figures came in at 98.84% (Q4 2025), 89.81% (Q3 2025), and 100.0% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | 39.07% |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 38.71% |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 40.73% |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | 30.79% |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | 9.04% |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | 69.01% |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | 24.46% |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 51.92% |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 39.43% |
| 10 | Air T | - | - | 70.31 Mn | 98.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 98.84% |
| Sep 30, 2025 | 89.81% |
| Jun 30, 2025 | 100.00% |
| Dec 31, 2024 | 99.71% |
| Sep 30, 2024 | 99.16% |
| Jun 30, 2024 | 61.29% |
| Dec 31, 2023 | 89.08% |
| Sep 30, 2023 | 86.64% |
| Jun 30, 2023 | 98.75% |
| Dec 31, 2022 | 68.77% |
| Sep 30, 2022 | 61.53% |
| Jun 30, 2022 | 52.93% |
| Dec 31, 2021 | 64.32% |
| Sep 30, 2021 | 81.42% |
| Jun 30, 2021 | 54.71% |
| Dec 31, 2020 | 73.19% |
| Sep 30, 2020 | 88.59% |
| Jun 30, 2020 | 92.66% |
| Dec 31, 2019 | 77.07% |
| Sep 30, 2019 | 78.20% |