Air Industries Group (AIRI) Financial Ratios
26 years of historical data (1999–2024) · Industrials · Aerospace & Defense
EV/EBITDA
↓
12.36
↓-47% vs avg
5yr avg: 23.29
30Y Low0.9·High66.0
P/FCF
↓
N/A
—
5yr avg: 8.06
30Y Low0.2·High135.2
P/B Ratio
↓
0.69
↓-53% vs avg
5yr avg: 1.46
30Y Low0.7·High6.5
ROE
↓
-9.1%
↑-354% vs avg
5yr avg: -2.0%
30Y Low-138%·High65%
Debt/EBITDA
↓
8.24
↓-32% vs avg
5yr avg: 12.15
30Y Low0.4·High28.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AIRI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Air Industries Group currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15M | $14M | $11M | $14M | $33M | $45M | $66M | $19M | $22M | $24M | $61M |
| Enterprise Value | $42M | $41M | $36M | $42M | $60M | $75M | $96M | $42M | $49M | $60M | $105M |
| P/E Ratio → | -7.51 | — | — | — | 20.16 | 41.00 | — | — | — | — | — |
| P/S Ratio | 0.27 | 0.25 | 0.21 | 0.26 | 0.56 | 0.90 | 1.22 | 0.42 | 0.45 | 0.36 | 0.76 |
| P/B Ratio | 0.69 | 0.91 | 0.70 | 0.81 | 1.90 | 2.99 | 6.50 | 1.66 | 1.26 | 0.96 | 2.12 |
| P/FCF | — | — | 3.89 | — | 12.23 | — | — | — | — | — | — |
| P/OCF | 45.36 | 41.91 | 2.19 | 30.61 | 8.13 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
AIRI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Air Industries Group's enterprise value stands at 12.4x EBITDA, 47% below its 5-year average of 23.3x. The Industrials sector median is 13.8x, placing the stock at a 10% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.74 | 0.70 | 0.79 | 1.01 | 1.49 | 1.76 | 0.91 | 0.97 | 0.89 | 1.31 |
| EV / EBITDA | 12.36 | 12.03 | 13.54 | 14.60 | 10.32 | 65.96 | 28.81 | — | — | — | 21.14 |
| EV / EBIT | 91.09 | 77.21 | — | 160.09 | 20.64 | — | 159.11 | — | — | — | 142.19 |
| EV / FCF | — | — | 13.15 | — | 22.11 | — | — | — | — | — | — |
AIRI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Air Industries Group earns an operating margin of 0.8%, below the Industrials sector average of 4.9%. Operating margins have expanded from -0.4% to 0.8% over the past 3 years, signaling improving operational efficiency. A negative ROE of -9.1% indicates the company is currently destroying shareholder equity. ROIC of 0.8% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.2% | 16.2% | 14.4% | 14.0% | 17.4% | 13.0% | 16.8% | 11.7% | 9.8% | 10.0% | 21.5% |
| Operating Margin | 0.8% | 0.8% | -0.6% | -0.4% | 4.2% | -2.9% | 0.6% | -10.6% | -25.6% | -15.1% | 0.8% |
| Net Profit Margin | -2.5% | -2.5% | -4.1% | -2.0% | 2.8% | 2.2% | -5.0% | -23.7% | -45.2% | -23.3% | -1.0% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -9.1% | -9.1% | -13.3% | -6.3% | 10.0% | 8.7% | -25.1% | -74.8% | -105.7% | -58.2% | -2.9% |
| ROA | -2.7% | -2.7% | -4.1% | -2.0% | 2.9% | 2.0% | -5.5% | -20.3% | -31.4% | -18.3% | -1.1% |
| ROIC | 0.8% | 0.8% | -0.5% | -0.3% | 4.2% | -2.6% | 0.7% | -9.4% | -18.3% | -11.4% | 0.7% |
| ROCE | 1.9% | 1.9% | -1.1% | -0.6% | 8.2% | -5.9% | 1.8% | -23.7% | -48.9% | -31.8% | 1.7% |
AIRI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Air Industries Group carries a Debt/EBITDA ratio of 8.2x, which is highly leveraged (158% above the sector average of 3.2x). Net debt stands at $27M ($28M total debt minus $753000 cash). Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.86 | 1.86 | 1.70 | 1.69 | 1.57 | 2.11 | 3.03 | 2.16 | 1.51 | 1.49 | 1.56 |
| Debt / EBITDA | 8.24 | 8.24 | 9.67 | 9.92 | 4.72 | 28.21 | 9.27 | — | — | — | 9.00 |
| Net Debt / Equity | — | 1.81 | 1.67 | 1.68 | 1.53 | 1.95 | 2.90 | 1.99 | 1.48 | 1.43 | 1.54 |
| Net Debt / EBITDA | 8.01 | 8.01 | 9.54 | 9.83 | 4.61 | 25.99 | 8.89 | — | — | — | 8.89 |
| Debt / FCF | — | — | 9.27 | — | 9.87 | — | — | — | — | — | — |
| Interest Coverage | 0.24 | 0.24 | -0.15 | -0.14 | 1.97 | -0.97 | 0.09 | -1.25 | -3.78 | -4.05 | 0.34 |
AIRI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.43x means Air Industries Group can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.38x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.79x to 1.43x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.43 | 1.43 | 1.46 | 1.79 | 1.75 | 1.60 | 1.17 | 1.31 | 1.25 | 1.05 | 1.04 |
| Quick Ratio | 0.38 | 0.38 | 0.33 | 0.44 | 0.48 | 0.42 | 0.29 | 0.31 | 0.43 | 0.31 | 0.36 |
| Cash Ratio | 0.03 | 0.03 | 0.01 | 0.01 | 0.03 | 0.09 | 0.04 | 0.07 | 0.02 | 0.02 | 0.01 |
| Asset Turnover | — | 1.08 | 1.02 | 0.99 | 1.10 | 0.87 | 1.07 | 0.97 | 0.82 | 0.81 | 0.91 |
| Inventory Turnover | 1.60 | 1.60 | 1.48 | 1.44 | 1.65 | 1.36 | 1.59 | 1.41 | 1.45 | 1.51 | 1.71 |
| Days Sales Outstanding | — | 60.91 | 58.01 | 67.04 | 64.86 | 64.10 | 52.56 | 51.41 | 39.99 | 33.13 | 61.99 |
AIRI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Air Industries Group does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 7.3% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 5.0% | 2.4% | — | — | — | — | — |
| FCF Yield | — | — | 25.7% | — | 8.2% | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 7.3% |
| Shares Outstanding | — | $3M | $3M | $3M | $4M | $4M | $3M | $3M | $1M | $757941 | $747822 |
Peer Comparison
Compare AIRI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AIRIYou | $15M | -7.5 | 12.4 | — | 16.2% | 0.8% | -9.1% | 0.8% | 8.2 |
 HAYW | $3B | 21.7 | 9.8 | 14.2 | 45.6% | 21.1% | 10.0% | 10.2% | 0.0 |
 DRS | $11B | 40.2 | 24.7 | 48.7 | 23.2% | 9.5% | 10.5% | 10.5% | 1.1 |
 KTOS | $11B | 438.5 | 118.4 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 VSEC | $5B | 79.1 | 29.3 | 798.6 | 11.9% | 11.2% | 4.4% | 5.9% | 2.1 |
 TDG | $70B | 38.7 | 21.5 | 38.6 | 60.1% | 47.2% | — | 20.9% | 6.6 |
 HEI | $24B | 59.1 | 21.7 | 28.3 | 39.8% | 22.7% | 17.1% | 12.6% | 1.8 |
 WWD | $22B | 51.6 | 36.0 | 64.9 | 26.8% | 14.3% | 18.6% | 13.3% | 1.2 |
 CW | $27B | 56.2 | 43.3 | 48.2 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 |
 BA | $182B | 93.2 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 LMT | $118B | 23.8 | 16.1 | 17.1 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 25 years · Updated daily
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Start ComparisonAIRI — Frequently Asked Questions
Quick answers to the most common questions about buying AIRI stock.
What is Air Industries Group's P/E ratio?
Air Industries Group's current P/E ratio is -7.5x. The historical average is 26.5x.
What is Air Industries Group's EV/EBITDA?
Air Industries Group's current EV/EBITDA is 12.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.1x.
What is Air Industries Group's ROE?
Air Industries Group's return on equity (ROE) is -9.1%. The historical average is -14.2%.
Is AIRI stock overvalued?
Based on historical data, Air Industries Group is trading at a P/E of -7.5x. Compare with industry peers and growth rates for a complete picture.
What are Air Industries Group's profit margins?
Air Industries Group has 16.2% gross margin and 0.8% operating margin.
How much debt does Air Industries Group have?
Air Industries Group's Debt/EBITDA ratio is 8.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.