Air T (AIRT) Tax Rate % : 10.18% (As of Sep. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Air T Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Air T's Tax Expense for the three months ended in Sep. 2024 was $0.3 Mil. Air T's Pre-Tax Income for the three months ended in Sep. 2024 was $3.3 Mil. Therefore, Air T's Tax Rate % for the quarter that ended in Sep. 2024 was 10.18%.

Air T Tax Rate % Historical Data

The historical data trend for Air T's Tax Rate % 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.

* Premium members only.

Air T Tax Rate % Chart

Air T Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

-20.73

28.75

8.73

-3.81

-18.43

Air T Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-43.44	-7.82	11.49	68.93	10.18

Air T Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Air T's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	0.729	/	-3.955
	=	-18.43 %

Air T's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.336	/	3.299
	=	10.18 %

Air T Tax Rate % Related Terms

Thank you for viewing the detailed overview of Air T's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Air T Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Air T Inc (NAS:AIRT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AIRTP.PFD:USA GXT:Germany

Address

11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262

Website

https://www.airt.net

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.

Executives

William R Foudray	director	19192 POPLAR CIRCLE, EDEN PRAIRIE MN 55347
Raymond E Cabillot	director, 10 percent owner	3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Peter B. Mcclung	director	14101 SOUTHERN ROAD, GRANDVIEW MO 64030
Nicholas John Swenson	10 percent owner	5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Gary S Kohler	director	5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Seth G Barkett	director	495 WEST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Brett Reynolds	officer: CFO	5000 W 36TH STREET, MINNEAPOLIS MN 55416
John A Reeves	director	570 BALLYMOTE COURT, MATTHEWS NC 28104
Travis Jacob Swenson	director	6016 EDEN PRAIRIE ROAD, MINNETONKA MN 55345
Air T Inc	10 percent owner	11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Koutsouvas Constantine	officer: General Counsel	AIR T, INC., 5000 WEST 36TH, SUITE 130, MINNEAPOLIS MN 55416
Biglari Capital Corp.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari,	10 percent owner	C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund Ii, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Andrew Stumpf	director	5444 CREEKMONTE DR., OAKLAND TWP MI 48306