Air TAIRT 49 Gross Margin % is 18.09% as of Dec. 2025, which is 5% below its 10-year median of 19.00. GuruFocus rates AIRT with a GF Score™ of 49/100 and a GF Value™ of $23.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 512 Conglomerates companies, Air T ranks worse than 61.72% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Air T's Gross Profit for the
three
months ended in Dec. 2025 was $12.9 Mil. Air T's Revenue for the
three
months ended in Dec. 2025 was $71.1 Mil. Therefore, Air T's Gross Margin % for the quarter that ended in Dec. 2025 was 18.09%.
The historical rank and industry rank for Air T's Gross Margin % or its related term are showing as below:
AIRT'
s Gross Margin % Range Over the Past 10 Years
Min: 13.57 Med: 19 Max: 22.24
Current: 21.11
During the past 13 years, the highestGross Margin % of Air T was 22.24%. The lowest was 13.57%. And the median was 19.00%.
AIRT's Gross Margin % is ranked worse than 61.72% of 512
companies
in the Conglomerates industry
Industry Median: 25.905
vs AIRT: 21.11
Air T had a gross margin of 18.09% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Air T was 0.30% per year.
Air T (NAS:AIRT) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Air T had a gross margin of 18.09% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Air T Gross Margin % Related Terms
Air T Gross Margin % Historical Data
* Premium members only.
The historical data trend for Air T's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AIRT vs BBXIA, STRR, PLAG: Gross Margin % Comparison
For the Conglomerates subindustry, Air T's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air T Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Air T's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Air T's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Air T (AIRT) has a Gross Margin % of 18.09% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Air T and its competitors. This is near median its historical median of 19.00. Over the past decade, Air T's Gross Margin % has ranged from 13.57 to 22.24. According to the industry distribution chart, Air T ranks #316 out of 512 companies in the Conglomerates industry, placing it in the top 61.7%.
Is Air T's Gross Margin % too high?
Air T's current Gross Margin % of 18.09% is near median its 10-year median of 19.00. Over the past 10 years, this metric has ranged from a low of 13.57 to a high of 22.24. The Conglomerates industry median Gross Margin % is 25.91. Air T's value of 18.09% is 30.2% below this industry median. Based on the distribution chart, Air T ranks #316 out of 512 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Air T has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air T's Gross Margin % compare to BBXIA and STRR?
According to the Conglomerates industry distribution chart, Air T ranks #316 out of 512 companies for Gross Margin %. This places Air T in the lower half of its industry. The industry median Gross Margin % is 25.91. Air T's value of 18.09% is 30.2% below this benchmark. Historically, Air T's own Gross Margin % has ranged from 13.57 to 22.24 over the past decade. While the company's 10-year median is 19.00 vs. the industry median of 25.91, Air T has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.91, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air T's current Gross Margin % of 18.09% is 30.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Air T and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air T's current Gross Margin % is 18.09%, which is near median its own 10-year median of 19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air T stock overvalued right now?
Based on GuruFocus' analysis, Air T (AIRT) is currently considered Fairly Valued. The stock's GF Value™ is $23.05, compared to a current price of $22.11 — trading 4.1% below its estimated fair value. The current Gross Margin % is 18.09%, which is near median its 10-year median of 19.00 and 30.2% below the Conglomerates industry median of 25.91. Air T's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Air T (AIRT), the current Gross Margin % is 18.09% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air T (AIRT) Overvalued in 2026?
Based on GuruFocus' analysis, Air T stock appears to be undervalued.
The current stock price of $22.11 is trading 4.1% below its estimated GF Value™ of $23.05.
GuruFocus considers Air T to be Fairly Valued.
Key valuation signals for AIRT:
Gross Margin %: 18.09% (near median its 10-year median of 19.00)
GF Value™: $23.05 vs. price of $22.11 (4.1% below fair value)
Industry Position: 30.2% below the Conglomerates median (#316 of 512)
No single metric tells the full story. See the AIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
49GF Score
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