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Air T Inc (NAS:AIRT)
Pretax Income
$2.5 Mil (TTM As of Dec. 2013)

Pretax income is the income that a company earns before paying income taxes. Air T Inc's pretax income for the three months ended in Dec. 2013 was $0.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2013 was $2.5 Mil. Air T Inc's pretax margin was 2.66%.

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 1.27%. And the median was 5.53%.


Definition

This is the income that a company earns before paying income taxes.

Air T Inc's Pretax Income for the fiscal year that ended in Mar. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2.728+0.002+0+0+0
=2.7

Air T Inc's Pretax Income for the quarter that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=0.796+0+-0.005+0.004+0
=0.8

Air T Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2013 was 0.735 (Mar. 2013 ) + 0.228 (Jun. 2013 ) + 0.757 (Sep. 2013 ) + 0.795 (Dec. 2013 ) = $2.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Air T Inc's Pretax Margin for the quarter that ended in Dec. 2013 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.795/29.835
=2.66%

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 1.27%. And the median was 5.53%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air T Inc Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
Pretax Income 3.53.43.13.95.27.05.63.62.12.7

Air T Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Pretax Income 0.90.9-0.00.70.41.00.70.20.80.8
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