Air Industries Group

Air Industries Group

AIRI
Air Industries GroupUS flagNew York Stock Exchange American
2.63
USD
+0.02
- -
10.16MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
109.48
97.59
107.57
67.71
37.69
16.56
18.91
16.3
18.39
16.5
15.71
15.86
11.36
11.23
Basic EPS, GAAP
6.52
1.01
-1.11
-20.61
-17.04
-4.09
-0.95
0.36
0.51
-0.33
-0.65
-0.39
-0.31
-0.32
Free Cash Flow per Basic Share
14.99
-5.11
-3.29
-3.07
-4.16
-1.34
-0.57
-1.73
0.84
-0.59
0.84
-0.57
-1.11
-1.59
Dividend per Share
2.5
5.69
5.97
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-26.46
-22.02
-20.53
-40.86
-40.44
-23.98
-23.3
-21.51
-20.13
-20.33
-20.66
-19.89
-16.7
-16.93
Tangible Book Value per Share
28.64
27.8
19.3
23.68
13.22
4.25
3.48
4.86
5.37
5.22
4.63
4.3
4.55
4.54
Basic Weighted Avg Shares
1
1
1
1
1
3
3
3
3
3
3
3
4
4
Sales/Revenue/Turnover
63
64
80
51
50
45
55
50
59
53
52
55
48
47
Operating Margin (%)
7.39
3.32
0.9
-19.75
-13.16
-6.45
1.1
-2.87
4.22
-0.36
-0.57
0.83
-0.71
-0.33
Depreciation Expense
3
4
4
5
3
3
3
3
3
3
3
3
3
3
Net Income, GAAP
4
1
-1
-16
-23
-11
-3
1
2
-1
-2
-1
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
5.95
1.04
-1.03
-30.44
-45.22
-24.68
-5.01
2.19
2.76
-2.02
-4.14
-2.48
-2.72
-2.82
Working Capital
13
16
2
9
10
9
6
16
17
19
12
12
9
10
LT Debt
3
8
4
3
3
6
8
15
12
13
9
9
2
1
Total Equity
22
28
29
25
18
12
10
15
17
17
15
15
19
19
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
5.48
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-8.09
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
28
29
30
LT Borrowings
2
2
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
12
12
14

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
46
47
48
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
7
7
7
Inventories
34
34
35
Total Current Liabilities
38
38
39
Payables & Accruals
9
8
7
ST Debt
28
29
30
Deferred Revenue
- -
- -
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.19%
5.8%
28.45%
Free Cash Flow
-33.59%
-120.12%
136.42%
Net Income, GAAP
149.56%
-12%
-4.47%
Sales/Revenue/Turnover
-3.67%
-0.26%
-13.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
14
13
15
55
2025
12
13
10
13
48
2026
12
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
0.09
-0.12
- -
-0.39
2025
-0.27
-0.11
-0.01
- -
-0.31
2026
-0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Scott A. Glassman
Full Time Employees
160
Sector
Industrials
Industry
Aerospace & Defense
Address
1460 Fifth Avenue Bay Shore NY United States of America 11706
IPO Date
Oct 5, 2000
Business
Air Industries Group is an integrated Tier 1 manufacturer specializing in precision assemblies and components for mission-critical aerospace and defense applications. The company produces a wide range of products, including landing gear; arresting gear; engine mounts; flight controls; turbine engine components and weldments; complex machined structural parts and assemblies; actuators; aircraft and aerostructure components; chaff pod assemblies; cylinders; drag beams and braces; integrated assemblies; thrust struts; and large diameter turn-mill products. These products are vital to aircraft performance and safety during takeoff, flight, and landing, serving major military aircraft such as the Sikorsky UH-60 Black Hawk, Lockheed Martin F-35 Lightning II and F-16 Fighting Falcon, Northrop Grumman E-2C/D, Boeing F-15 Eagle and F-18 Hornet, as well as commercial aircraft from Airbus and Boeing. The company operates through subsidiaries including Air Industries Machining, Nassau Tool Works, and Sterling Engineering Corporation, which focuses on complex machining and turbine engine components. Founded in 1946 and headquartered in Bay Shore, New York, Air Industries Group is a prime contractor to the U.S. Department of Defense and a supplier to major aerospace OEMs. In the last 1-2 years, Air Industries Group has pursued strategic growth through securing significant aftermarket contracts and expanding its presence in Maintenance, Repair, and Overhaul (MRO) services. Notably, in 2025, the company secured two contracts worth approximately $6.9 million for fixed-wing landing gear components and rotorcraft components for combat helicopters, boosting its aftermarket bookings to over $13 million. These contracts reinforce its strategic focus on penetrating the aftermarket segment, which now constitutes nearly half of its new business. The company reported solid financial results for the nine months ended September 30, 2025, including increased net sales, improved gross profit, and operating income gains. Additionally, Air Industries continues to enhance operational efficiencies and drive profitability while maintaining its commitment to quality and safety in aerospace manufacturing. Air Industries Group operates primarily in the aerospace and defense industry segments, targeting military aircraft manufacturers, commercial aerospace OEMs, and the U.S. Department of Defense. Its global footprint includes significant production capabilities in the United States, serving both domestic and international markets. The company’s strategic alliances and standing as a Tier 1 supplier to major defense and aerospace prime contractors underscore its integral role in aerospace supply chains. This comprehensive profile reflects Air Industries Group’s position as a focused manufacturer of flight safety-critical aerospace components and its recent strategic emphasis on aftermarket growth and operational profitability enhancement.

Company News

APIChatGPT
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