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Air T Inc (NAS:AIRT)
Pretax Income
$7.0 Mil (TTM As of Dec. 2015)

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. 2015 was $3.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2015 was $7.0 Mil. Air T Inc's pretax margin was 8.46%.

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 2.34%. And the median was 4.08%.


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. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3.417+-0.002+0+0+0
=3.4

Air T Inc's Pretax Income for the quarter that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3.89+0.004+-0.051+0+0.102
=3.9

Air T Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2015 was -1.419 (Mar. 2015 ) + -1.069 (Jun. 2015 ) + 5.495 (Sep. 2015 ) + 3.945 (Dec. 2015 ) = $7.0 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. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=3.945/46.619
=8.46%

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 2.34%. And the median was 4.08%.

* 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

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
Pretax Income 3.13.95.27.05.63.62.12.72.73.4

Air T Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Pretax Income 0.80.813.10.12.62.1-1.4-1.15.53.9
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