Company research
Air Transport Services Group, Inc.
CIK 894081Updated Sep 27, 2026
Name history
ABX Holdings, Inc. · through May 19, 2008ABX AIR INC · through Dec 27, 2007
Filing activity
Latest filing
50 filings on record · 15-12G, 10-K/A, 4, SCHEDULE 13G/A, 25-NSE, S-8 POS.
Recent filings
Financials
FY 2024 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,893,711,000Source | 3,882,090,000Source | 3,589,893,000Source | 3,222,174,000Source |
| Property, Plant and Equipment, NetUSD | 2,752,305,000Source | 2,820,769,000Source | 2,402,408,000Source | 2,136,213,000Source |
| GoodwillUSD | 395,974,000Source | 395,974,000Source | 395,974,000Source | 395,974,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 71,350,000Source | 86,453,000Source | 96,668,000Source | 112,383,000Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 208,269,000Source | 215,581,000Source | 301,622,000Source | 191,746,000Source |
| Inventory, NetUSD | 49,867,000Source | 49,939,000Source | 57,764,000Source | 50,827,000Source |
| Assets, CurrentUSD | 351,582,000Source | 345,701,000Source | 418,476,000Source | 312,389,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 32,870,000Source | 26,626,000Source | 31,956,000Source | 20,008,000Source |
| Operating Lease, Right-of-Use AssetUSD | 53,728,000Source | 54,060,000Source | 74,070,000Source | 61,351,000Source |
| Other Assets, NoncurrentUSD | 143,068,000Source | 118,172,000Source | 122,647,000Source | 95,152,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,409,699,000Source | 2,513,388,000Source | 2,177,387,000Source | 2,039,338,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 659,000Source | — | — | — |
| Additional Paid in CapitalUSD | 915,990,000Source | 836,270,000Source | 986,303,000Source | 991,650,000Source |
| Retained Earnings (Accumulated Deficit)USD | 616,643,000Source | 589,209,000Source | 528,882,000Source | 264,906,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -49,280,000Source | -57,429,000Source | -103,402,000Source | -74,462,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,484,012,000Source | 1,368,702,000Source | 1,412,506,000Source | 1,182,836,000Source |
| Liabilities and EquityUSD | 3,893,711,000Source | 3,882,090,000Source | 3,589,893,000Source | 3,222,174,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 359,220,000Source | 400,189,000Source | 307,457,000Source | 285,844,000Source |
| Operating Lease, Liability, CurrentUSD | 18,553,000Source | 20,167,000Source | 23,316,000Source | 17,292,000Source |
| Accounts Payable, CurrentUSD | 236,939,000Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 35,322,000Source | 34,990,000Source | 51,575,000Source | 44,461,000Source |
| Deferred Income Tax Liabilities, NetUSD | 296,793,000Source | 285,248,000Source | 255,180,000Source | — |
| Other Liabilities, NoncurrentUSD | 135,135,000Source | 64,292,000Source | 62,861,000Source | 47,890,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 9,980,000Source | 10,784,000Source | 12,466,000Source | 16,117,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 60,576,000Source | 53,555,000Source | 27,134,000Source | 49,808,000Source |
| Deferred Revenue, CurrentUSD | 30,001,000Source | 30,226,000Source | 21,546,000Source | 42,404,000Source |
| Deferred Tax Liabilities, NetUSD | 296,793,000Source | 285,248,000Source | 255,181,000Source | — |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 661,000Source | 54,710,000Source | 639,000Source | 625,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,548,080,000Source | 1,707,572,000Source | 1,464,285,000Source | 1,368,569,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 415,619,000Source | 363,528,000Source | 355,848,000Source | 341,849,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 9,726,000Source | 8,516,000Source | 8,342,000Source | 7,386,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -8,174,000Source | -79,185,000Source | 96,223,000Source | 51,888,000Source |
| Increase (Decrease) in Accounts PayableUSD | 18,384,000Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | 8,714,000Source | 16,362,000Source | 54,229,000Source | 70,544,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 532,815,000Source | 654,081,000Source | 472,120,000Source | 583,557,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -304,705,000Source | -765,929,000Source | -600,063,000Source | -487,476,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 331,006,000Source | 793,447,000Source | 599,431,000Source | 504,748,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 5,223,000Source | 2,986,000Source | 2,916,000Source | 2,861,000Source |
| Payments for Repurchase of Common StockUSD | 0Source | 155,349,000Source | 53,868,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -221,089,000Source | 138,269,000Source | 85,581,000Source | -66,304,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 0Source | 1,269,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 7,021,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 53,555,000Source | 27,134,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 82,297,000Source | 51,873,000Source | 47,194,000Source | 43,696,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 9,700,000Source | 8,500,000Source | 8,300,000Source | 7,400,000Source |
| Amortization of Intangible AssetsUSD | 15,103,000Source | 10,215,000Source | 12,483,000Source | 11,165,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 60,576,000Source | 53,555,000Source | 27,134,000Source | 69,496,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,796,000Source | -962,000Source | 9,022,000Source | 29,979,000Source |
| GoodwillUSD | 395,974,000Source | 395,974,000Source | 395,974,000Source | 395,974,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 27,434,000Source | 59,748,000Source | 196,438,000Source | 228,980,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 579,000Source | 2,143,000Source | 2,440,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -2,171,000Source | -4,740,000Source | -7,607,000Source | — |
| Income Tax Expense (Benefit)USD | 14,907,000Source | 24,491,000Source | 64,060,000Source | 72,224,000Source |
| InterestExpenseNonoperatingUSD | 82,705,000Source | — | — | — |
| Investment Income, InterestUSD | 959,000Source | 766,000Source | 415,000Source | 39,000Source |
| Net Income (Loss) Attributable to ParentUSD | 27,434,000Source | 60,327,000Source | 198,581,000Source | 231,420,000Source |
| Nonoperating Income (Expense)USD | -85,462,000Source | -115,593,000Source | -24,985,000Source | — |
| Operating ExpensesUSD | — | — | — | 1,413,050,000Source |
| Operating Lease, ExpenseUSD | 31,157,000Source | 31,703,000Source | 30,437,000Source | — |
| Other Nonoperating Income (Expense)USD | — | — | — | -20,027,000Source |
| Payments of Financing CostsUSD | 0Source | 10,779,000Source | 1,803,000Source | 3,099,000Source |
| Proceeds from Contributions from AffiliatesUSD | — | — | — | 2,577,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 335,000,000Source | 625,000,000Source | 1,500,600,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,961,971,000Source | — | — | — |
| Unrealized Gain (Loss) on DerivativesUSD | 600,000Source | — | — | 9,800,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | — | 2,070,611,000Source | 2,045,469,000Source | 1,734,282,000Source |
| Operating Income (Loss)USD | 127,803,000Source | 199,832,000Source | 285,483,000Source | 321,232,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | -20,027,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 42,341,000Source | 84,239,000Source | 260,498,000Source | — |
| Income Tax Expense (Benefit)USD | 14,907,000Source | 24,491,000Source | 64,060,000Source | 72,224,000Source |
| Net Income (Loss) Attributable to ParentUSD | 27,434,000Source | 60,327,000Source | 198,581,000Source | 231,420,000Source |
| Earnings Per Share, BasicUSD per share | 0.42Source | 0.88Source | 2.7Source | 3.36Source |
| Earnings Per Share, DilutedUSD per share | 0.4Source | 0.82Source | 2.28Source | 2.83Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 65,026,000Source | 68,641,000Source | 73,611,000Source | 68,853,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 67,309,000Source | 75,561,000Source | 88,324,000Source | 76,216,000Source |
| Interest Expense (non-operating)USD | 82,705,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 15,103,000Source | 10,215,000Source | 12,483,000Source | 11,165,000Source |
| Business Combination, Acquisition Related CostsUSD | 8,284,000Source | — | — | 0Source |
| Cost of Property Repairs and MaintenanceUSD | 194,902,000Source | 212,767,000Source | 162,122,000Source | 173,364,000Source |
| Costs and ExpensesUSD | 1,834,168,000Source | 1,870,779,000Source | 1,759,986,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 384,617,000Source | 342,985,000Source | 331,064,000Source | 308,448,000Source |
| Fuel CostsUSD | 228,518,000Source | 278,528,000Source | 275,512,000Source | 173,600,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,796,000Source | -962,000Source | 9,022,000Source | 29,979,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 27,434,000Source | 59,748,000Source | 196,438,000Source | 228,980,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 0.42Source | 0.87Source | 2.67Source | 3.33Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 0.4Source | 0.82Source | 2.26Source | 2.8Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 579,000Source | 2,143,000Source | 2,440,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -2,171,000Source | -4,740,000Source | -7,607,000Source | — |
| Interest ExpenseUSD | — | 72,704,000Source | 46,861,000Source | 58,790,000Source |
| Investment Income, InterestUSD | 959,000Source | 766,000Source | 415,000Source | 39,000Source |
| Labor and Related ExpenseUSD | 685,099,000Source | 685,940,000Source | 666,950,000Source | 591,280,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 27,434,000Source | — | — | — |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | 4,341,000Source | 37,017,000Source | -20,046,000Source | 17,827,000Source |
| Nonoperating Income (Expense)USD | -85,462,000Source | -115,593,000Source | -24,985,000Source | — |
| Operating ExpensesUSD | — | — | — | 1,413,050,000Source |
| Operating Lease, ExpenseUSD | 31,157,000Source | 31,703,000Source | 30,437,000Source | — |
| Other Cost and Expense, OperatingUSD | 73,478,000Source | 88,723,000Source | 78,637,000Source | 65,179,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,961,971,000Source | — | — | — |