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GuruFocus has detected 3 Warning Signs with Air T Inc $AIRT.
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Air T Inc (NAS:AIRT)
Net Margin %
2.39% (As of Dec. 2016)

Net margin is calculated as net income divided by its revenue. Air T Inc's net income for the three months ended in Dec. 2016 was $0.9 Mil. Air T Inc's revenue for the three months ended in Dec. 2016 was $35.8 Mil. Therefore, Air T Inc's net margin for the quarter that ended in Dec. 2016 was 2.39%.

AIRT' s Net Margin % Range Over the Past 10 Years
Min: -2.04   Max: 4.83
Current: -2.04

-2.04
4.83
AIRT's Net Margin % is ranked lower than
78% of the 809 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.66 vs. AIRT: -2.04 )

Definition

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Air T Inc's Net Margin for the fiscal year that ended in Mar. 2016 is calculated as

Net Margin=Net Income (A: Mar. 2016 )/Revenue (A: Mar. 2016 )
=4.943/148.212
=3.34 %

Air T Inc's Net Margin for the quarter that ended in Dec. 2016 is calculated as

Net Margin=Net Income (Q: Dec. 2016 )/Revenue (Q: Dec. 2016 )
=0.856/35.769
=2.39 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company’s profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Related Terms

Net Income, Revenue, Cost of Goods Sold, Selling, General, & Admin. Expense, Research & Development, Depreciation, Depletion and Amortization, Interest Expense, Non-Recurring Items, Tax Expense


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Air T Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
netmargin 3.694.344.834.632.561.511.621.462.213.34

Air T Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
netmargin 5.254.69-3.44-3.298.506.37-3.14-12.062.772.39
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