Air Industries Group (AIRI) Financial Ratios
27 years of historical data (1999–2025) · Industrials · Aerospace & Defense
EV/EBITDA
↑
11.10
↓-11% vs avg
5yr avg: 12.52
30Y Low0.9·High66.0
P/FCF
↓
N/A
—
5yr avg: 8.06
30Y Low0.2·High135.2
P/B Ratio
↓
0.00
↓-100% vs avg
5yr avg: 0.86
30Y Low0.0·High6.5
ROE
↓
-0.0%
↓+100% vs avg
5yr avg: -3.7%
30Y Low-138%·High65%
Debt/EBITDA
↑
231.38
↑+338% vs avg
5yr avg: 52.79
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12M | $15M | $14M | $11M | $14M | $33M | $45M | $66M | $19M | $22M | $24M |
| Enterprise Value | $34M | $37M | $41M | $36M | $42M | $60M | $75M | $96M | $42M | $49M | $60M |
| P/E Ratio → | -11.19 | — | — | — | — | 20.16 | 41.00 | — | — | — | — |
| P/S Ratio | 0.24 | 0.31 | 0.25 | 0.21 | 0.26 | 0.56 | 0.90 | 1.22 | 0.42 | 0.45 | 0.36 |
| P/B Ratio | 0.00 | 0.00 | 0.91 | 0.70 | 0.81 | 1.90 | 2.99 | 6.50 | 1.66 | 1.26 | 0.96 |
| P/FCF | — | — | — | 3.89 | — | 12.23 | — | — | — | — | — |
| P/OCF | — | — | 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 11.1x EBITDA, 11% below its 5-year average of 12.5x. The Industrials sector median is 13.8x, placing the stock at a 19% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.77 | 0.74 | 0.70 | 0.79 | 1.01 | 1.49 | 1.76 | 0.91 | 0.97 | 0.89 |
| EV / EBITDA | 11.10 | 12.08 | 12.03 | 13.54 | 14.60 | 10.32 | 65.96 | 28.81 | — | — | — |
| EV / EBIT | — | 90.53 | 77.21 | — | 160.09 | 20.64 | — | 159.11 | — | — | — |
| 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 -0.7%, below the Industrials sector average of 4.1%. A negative ROE of -0.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.1% | 17.1% | 16.2% | 14.4% | 14.0% | 17.4% | 13.0% | 16.8% | 11.7% | 9.8% | 10.0% |
| Operating Margin | -0.7% | -0.7% | 0.8% | -0.6% | -0.4% | 4.2% | -2.9% | 0.6% | -10.6% | -25.6% | -15.1% |
| Net Profit Margin | -2.7% | -2.7% | -2.5% | -4.1% | -2.0% | 2.8% | 2.2% | -5.0% | -23.7% | -45.2% | -23.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.0% | -0.0% | -9.1% | -13.3% | -6.3% | 10.0% | 8.7% | -25.1% | -74.8% | -105.7% | -58.2% |
| ROA | -0.0% | -0.0% | -2.7% | -4.1% | -2.0% | 2.9% | 2.0% | -5.5% | -20.3% | -31.4% | -18.3% |
| ROIC | -0.0% | -0.0% | 0.8% | -0.5% | -0.3% | 4.2% | -2.6% | 0.7% | -9.4% | -18.3% | -11.4% |
| ROCE | -0.0% | -0.0% | 1.9% | -1.1% | -0.6% | 8.2% | -5.9% | 1.8% | -23.7% | -48.9% | -31.8% |
AIRI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Air Industries Group carries a Debt/EBITDA ratio of 231.4x, which is highly leveraged (7128% above the sector average of 3.2x). Net debt stands at $22M ($702M total debt minus $680M 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 1.86 | 1.70 | 1.69 | 1.57 | 2.11 | 3.03 | 2.16 | 1.51 | 1.49 |
| Debt / EBITDA | 231.38 | 231.38 | 8.24 | 9.67 | 9.92 | 4.72 | 28.21 | 9.27 | — | — | — |
| Net Debt / Equity | — | 0.00 | 1.81 | 1.67 | 1.68 | 1.53 | 1.95 | 2.90 | 1.99 | 1.48 | 1.43 |
| Net Debt / EBITDA | 7.25 | 7.25 | 8.01 | 9.54 | 9.83 | 4.61 | 25.99 | 8.89 | — | — | — |
| Debt / FCF | — | — | — | 9.27 | — | 9.87 | — | — | — | — | — |
| Interest Coverage | 0.22 | 0.22 | 0.28 | -0.11 | 0.20 | 2.29 | -0.97 | 0.17 | -1.18 | -3.82 | -4.11 |
AIRI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.24x means Air Industries Group can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.33x 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 1.46x to 1.24x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.24 | 1.24 | 1.43 | 1.46 | 1.79 | 1.75 | 1.60 | 1.17 | 1.31 | 1.25 | 1.05 |
| Quick Ratio | 0.33 | 0.33 | 0.38 | 0.33 | 0.44 | 0.48 | 0.42 | 0.29 | 0.31 | 0.43 | 0.31 |
| Cash Ratio | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 | 0.03 | 0.09 | 0.04 | 0.07 | 0.02 | 0.02 |
| Asset Turnover | — | 0.00 | 1.08 | 1.02 | 0.99 | 1.10 | 0.87 | 1.07 | 0.97 | 0.82 | 0.81 |
| Inventory Turnover | 0.00 | 0.00 | 1.60 | 1.48 | 1.44 | 1.65 | 1.36 | 1.59 | 1.41 | 1.45 | 1.51 |
| Days Sales Outstanding | — | 53.86 | 60.91 | 58.01 | 67.04 | 64.86 | 64.10 | 52.56 | 51.41 | 39.99 | 33.13 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% | 0.0% |
| Shares Outstanding | — | $5M | $3M | $3M | $3M | $4M | $4M | $3M | $3M | $1M | $757941 |
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 | $12M | -11.2 | 11.1 | — | 17.1% | -0.7% | -0.0% | -0.0% | 231.4 |
 HAYW | $3B | 21.8 | 9.8 | 14.2 | 45.6% | 21.1% | 10.0% | 10.2% | 0.0 |
 DRS | $12B | 44.4 | 27.3 | 53.8 | 23.2% | 9.5% | 10.5% | 10.5% | 1.1 |
 KTOS | $10B | 390.8 | 105.1 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 VSEC | $5B | 84.8 | 31.3 | 855.6 | 11.9% | 11.2% | 4.4% | 5.9% | 2.1 |
 TDG | $73B | 40.5 | 22.0 | 40.0 | 60.1% | 47.2% | — | 20.9% | 6.6 |
 HEI | $47B | 68.2 | 39.9 | 54.0 | 39.8% | 22.7% | 17.1% | 12.6% | 1.8 |
 WWD | $26B | 59.6 | 41.5 | 75.0 | 26.8% | 14.3% | 18.6% | 13.3% | 1.2 |
 CW | $28B | 59.5 | 45.7 | 51.0 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 |
 BA | $171B | 87.4 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 LMT | $116B | 23.4 | 15.8 | 16.8 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
| Industrials Median | — | 25.4 | 13.8 | 20.0 | 31.7% | 4.1% | 7.9% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 26 years · Updated daily
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AIRI — 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 -11.2x. The historical average is 26.5x.
What is Air Industries Group's EV/EBITDA?
Air Industries Group's current EV/EBITDA is 11.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.8x.
What is Air Industries Group's ROE?
Air Industries Group's return on equity (ROE) is -0.0%. The historical average is -13.5%.
Is AIRI stock overvalued?
Based on historical data, Air Industries Group is trading at a P/E of -11.2x. Compare with industry peers and growth rates for a complete picture.
What are Air Industries Group's profit margins?
Air Industries Group has 17.1% gross margin and -0.7% operating margin.
How much debt does Air Industries Group have?
Air Industries Group's Debt/EBITDA ratio is 231.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.