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Air T Inc (NAS:AIRT)
Pretax Income
$4.4 Mil (TTM As of Sep. 2014)

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 Sep. 2014 was $2.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2014 was $4.4 Mil. Air T Inc's pretax margin was 7.47%.

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 1.27%. And the median was 5.23%.


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. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2.633+0.026+0+0+0
=2.7

Air T Inc's Pretax Income for the quarter that ended in Sep. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2.597+0+-0.012+0+0
=2.6

Air T Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2014 was 0.795 (Dec. 2013 ) + 0.879 (Mar. 2014 ) + 0.111 (Jun. 2014 ) + 2.585 (Sep. 2014 ) = $4.4 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 Sep. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=2.585/34.625
=7.47%

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 1.27%. And the median was 5.23%.

* 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Pretax Income 3.43.13.95.27.05.63.62.12.72.7

Air T Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Pretax Income 0.70.41.00.70.20.80.80.90.12.6
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