Air Transport Services Group Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 26.98
Dividend & YieldN/A$ (N/A)
Beta 0.72
Market capitalization 2.05B
Operating cash flow 552.39M
ESG Scores unknown

Company description

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. The company offers aircraft, flight crews, aircraft maintenance, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2021, the company's in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.

Sector: Industrials - Industry: Airlines

Financial Ratios
Quick Ratio0.88
Working Capital5.76
Return On Equity0.18
Debt To Equity0.98
Fixed Asset Ratio0.04
Fixed Interest Cover3.48

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 6.9M 4.79M 42.51M 23.38M
Total Cashflows From Investing Activities -1.14B -467.06M -499.17M -487.48M
Net Borrowings 886.36M 60.52M -9.38M -192.31M
Total Cash From Financing Activities 870.5M 57M -19.62M -66.3M
Change To Operating Activities -35.8M 3.71M -37.46M -22.36M
Issuance Of Stock
Net Income 69.28M 61.2M 32.12M 231.42M
Change In Cash 26.62M -13.12M -6.48M 29.78M
Effect Of Exchange Rate
Total Cash From Operating Activities 298.02M 396.94M 512.3M 583.56M
Depreciation 187.66M 268.18M 289.65M 318.75M
Change To Account Receivables 25.38M -14.55M 9.36M -51.89M
Other Cashflows From Financing Activities -9.95M -1.08M -7.51M 128.87M
Change To Netincome 30.97M 62.93M 183.29M 57.77M
Capital Expenditures -292.92M -453.5M -510.42M -504.75M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 87.48M 71.57M 41.39M 301.2M
Net Income 69.28M 61.2M 32.12M 231.42M
Selling General Administrative 40.55M 98.33M 87.28M 99.19M
Gross Profit 377.52M 592.81M 640.62M 700.2M
Ebit 124.46M 167.97M 210.27M 227.39M
Operating Income 124.46M 167.97M 210.27M 227.39M
Interest Expense -28.81M -76.64M -68.19M -65.3M
Income Tax Expense 19.59M 11.59M 16.31M 72.22M
Total Revenue 892.35M 1.45B 1.57B 1.73B
Cost Of Revenue 514.83M 859.37M 929.96M 1.03B
Total Other Income ExpenseNet -36.98M -96.39M -168.87M 73.82M
Net Income From Continuing Ops 67.88M 59.98M 25.08M 228.98M
Net Income Applicable To Common Shares 69.28M 61.2M 32.12M 231.42M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.03B 2.36B 2.15B 1.94B
Total Stockholder Equity 436.44M 460.34M 855.5M 1.32B
Other Current Liabilities 19.08M 17.57M 53.52M 47.38M
Total Assets 2.47B 2.82B 3B 3.27B
Common Stock 591k 593k 596k 741k
Other Current Assets 5.3M 10.6M 400k 5.9M
Retained Earnings 56.05M 45.9M 78.01M 309.43M
Treasury Stock -91.36M -61.87M -78.66M -62.08M
Cash 54.02M 35.6M 39.32M 63.6M
Total Current Liabilities 229.13M 263.24M 301.99M 312.63M
Other Stockholder Equity -91.36M -61.87M -78.66M -62.08M
Property, Plant, and Equipment 1.56B 1.81B 2.01B 2.19B
Total Current Assets 259.22M 266.79M 272.74M 352.84M
Net Tangible Assets -98.92M -67.31M 339.21M 817.25M
Net Receivables 147.75M 162.87M 153.51M 205.4M
Accounts Payable 109.84M 141.09M 141.43M 174.24M


Insider Transactions

Here are the insider transactions of stock shares related to Air Transport Services Group Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
AMAZON COM INCSale at price 23.61 per share.I2022-10-07Beneficial Owner of more than 10% of a Class of Security250k
VORHOLT JEFFREY JPurchase at price 25.99 per share.D2022-09-20Director150
SMETHWICK EDWARD RUSSELLSale at price 30.00 - 30.01 per share.D2022-07-27Divisional Officer500
VORHOLT JEFFREY JPurchase at price 29.29 per share.D2022-06-22Director357
LOVELESS DEBORAH ASale at price 31.28 per share.D2022-06-03Officer3.85k
SMETHWICK EDWARD RUSSELLSale at price 30.43 per share.D2022-06-01Divisional Officer441
VORHOLT JEFFREY JPurchase at price 29.33 per share.D2022-05-20Director300
HETE JOSEPH CPurchase at price 30.57 per share.D2022-05-10Director1k
JOHNS RAYMOND E. JR.Purchase at price 29.77 per share.D2022-05-10Director335
BAUDOUIN RICHARD MD2022-04-29Director40.44k
SMETHWICK EDWARD RUSSELLSale at price 31.97 per share.D2022-04-29Divisional Officer442
VORHOLT JEFFREY JPurchase at price 32.93 - 32.94 per share.D2022-03-25Director2k
CORRADO RICHARD FRANCISStock Award(Grant) at price 33.84 per share.D2022-03-25Chief Executive Officer14.1k
CORRADO RICHARD FRANCISStock Award(Grant) at price 33.84 per share.D2022-03-25Chief Executive Officer13k
TURNER QUINT OStock Award(Grant) at price 33.84 per share.D2022-03-25Chief Financial Officer10.5k
PAYNE WILLIAM JOSEPHStock Award(Grant) at price 33.84 per share.D2022-03-25Officer9.5k
TEMPLETON BRADY THOMASStock Award(Grant) at price 33.84 per share.D2022-03-25Officer2.7k
FEDDERS MATTHEW EStock Award(Grant) at price 33.84 per share.D2022-03-25Officer1.4k
SMETHWICK EDWARD RUSSELLStock Award(Grant) at price 33.84 per share.D2022-03-25Divisional Officer900
O'GRADY JAMES FStock Award(Grant) at price 33.84 per share.D2022-03-25Officer2k
SOAPER DAVID RStock Award(Grant) at price 33.84 per share.D2022-03-25Officer2.3k
BERGER MICHAEL LStock Award(Grant) at price 33.84 per share.D2022-03-25Officer9.3k
WILLIAMS SARAH ELIZABETHStock Award(Grant) at price 33.84 per share.D2022-03-25Divisional Officer900
PRADETTO JAMES TStock Award(Grant) at price 33.84 per share.D2022-03-25Officer2.4k
KOHARIK EDWARD JOSEPH IIIStock Award(Grant) at price 33.84 per share.D2022-03-25Chief Operating Officer9.7k
FRANCE CAGNEY TODDStock Award(Grant) at price 33.84 per share.D2022-03-25Officer3.1k
LOVELESS DEBORAH AStock Award(Grant) at price 33.84 per share.D2022-03-25Officer800
ALLEN TIMOTHY JStock Award(Grant) at price 33.84 per share.D2022-03-25General Counsel300
ORCUTT DANIEL JStock Award(Grant) at price 33.84 per share.D2022-03-25Officer1.1k
ORCUTT DANIEL JStock Award(Grant) at price 33.84 per share.D2022-03-25Officer1k
BERGER MICHAEL LSale at price 31.80 per share.D2022-03-16Officer7.24k
PRADETTO JAMES TSale at price 31.47 per share.D2022-03-11Officer3.24k
RADEMACHER RANDY DConversion of Exercise of derivative security at price 31.22 per share.D2022-03-08Director4.49k
VORHOLT JEFFREY JD2022-03-01Director3.93k
CAMPBELL PHYLLIS JConversion of Exercise of derivative security at price 30.61 per share.D2022-03-01Director3.93k
HETE JOSEPH CD2022-03-01Director3.93k
JOHNS RAYMOND E. JR.D2022-03-01Director3.93k
PETERSON LAURA J.Conversion of Exercise of derivative security at price 30.61 per share.D2022-03-01Director3.93k
HETE JOSEPH CStock Award(Grant) at price 31.51 per share.D2022-02-28Director2.73k
CORRADO RICHARD FRANCISStock Award(Grant) at price 31.51 per share.D2022-02-28Chief Executive Officer6.05k
TURNER QUINT OStock Award(Grant) at price 31.51 per share.D2022-02-28Chief Financial Officer4.85k
PAYNE WILLIAM JOSEPHStock Award(Grant) at price 31.51 per share.D2022-02-28Officer4.43k
TEMPLETON BRADY THOMASStock Award(Grant) at price 31.51 per share.D2022-02-28Officer1.93k
FEDDERS MATTHEW EStock Award(Grant) at price 31.51 per share.D2022-02-28Officer1.01k
SMETHWICK EDWARD RUSSELLStock Award(Grant) at price 31.51 per share.D2022-02-28Divisional Officer601
O'GRADY JAMES FStock Award(Grant) at price 31.51 per share.D2022-02-28Officer2.33k
SOAPER DAVID RStock Award(Grant) at price 31.51 per share.D2022-02-28Officer4.58k
BERGER MICHAEL LStock Award(Grant) at price 31.51 per share.D2022-02-28Officer3.41k
WILLIAMS SARAH ELIZABETHStock Award(Grant) at price 31.51 per share.D2022-02-28Divisional Officer863
CRIPPEN JEFFREY CStock Award(Grant) at price 31.51 per share.D2022-02-28Officer4.23k
PRADETTO JAMES TStock Award(Grant) at price 31.51 per share.D2022-02-28Officer755

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Air Transport Services Group Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Air Transport Services Group Inc

Here is the result of two systematic investment strategies applied to Air Transport Services Group Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Air Transport Services Group Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Air Transport Services Group Inc:

Air Transport Services Group Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.95% on the backtest period.

Performance at glance

Performance

11.95 %

Latent gain

210.07 $

Invested capital

1757.59 $

Annualized return

2.91 %
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Momentum strategy results on Air Transport Services Group Inc

This is the result of two momentum investment strategies applied to Air Transport Services Group Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Air Transport Services Group Inc

The following chart shows all the entries opened by the momentum investment system on Air Transport Services Group Inc:

Air Transport Services Group Inc momentum entries
  • The first momentum investment strategy would give 22.23% of return on Air Transport Services Group Inc. That represents 889.87$ of latent gain with 4002.69$ of employed capital.
  • The second momentum investment strategy would give 18.98% of return on Air Transport Services Group Inc. That represents 763.39$ of latent gain with 4022.81$ of employed capital.
Performance at glance (1Q Momentum)

Performance

22.23 %

Latent gain

889.87 $

Invested capital

4002.69 $

Annualized return

7.94 %
Performance at glance (2Q Momentum)

Performance

18.98 %

Latent gain

763.39 $

Invested capital

4022.81 $

Annualized return

5.24 %

Momentum equity curve on Air Transport Services Group Inc

The following chart shows the equity curve of the two momentum strategies applied to Air Transport Services Group Inc:

Air Transport Services Group Inc momentum equity

Note: the dividends potentially given by Air Transport Services Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air Transport Services Group Inc

The following chart shows the employed capital evolution of the two momentum strategies on Air Transport Services Group Inc since the beginning:

Air Transport Services Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Air Transport Services Group Inc

Buy the dip entry openings on Air Transport Services Group Inc

Air Transport Services Group Inc

The performance achieved by the robo-advisor on Air Transport Services Group Inc is 16.67%. That represents 417.83$ of latent gain with 2507.07$ of employed capital. The following chart shows Air Transport Services Group Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Air Transport Services Group Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

16.67 %

Latent gain

417.83 $

Invested capital

2507.07 $

Annualized return

7.94 %

Equity curve of the strategy applied to Air Transport Services Group Inc

The following chart shows the result of the investment strategy applied to Air Transport Services Group Inc:

Air Transport Services Group Inc

Note: the dividends potentially given by Air Transport Services Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air Transport Services Group Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Air Transport Services Group Inc:

Air Transport Services Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Air Transport Services Group Inc

In this section, I will compare the three previous investment strategies applied to Air Transport Services Group Inc.

Equity curve comparison on Air Transport Services Group Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Air Transport Services Group Inc investment strategy comparison

Employed capital comparison on Air Transport Services Group Inc

Air Transport Services Group Inc investment comparison

Performance comparison on Air Transport Services Group Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.95% 210.07$ 1757.59$ 2.91%
Momentum 1 quarter 22.23% 889.87$ 4002.69$ 5.76%
Momentum 2 quarters 18.98% 763.39$ 4022.81$ 5.24%
Non-directional 16.67% 417.83$ 2507.07$ 7.94%
Annualized return comparison

Automatic investment

2.91 %

Momentum 1Q

5.24 %

Momentum 2Q

5.24 %

Non-directional

7.94 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Air Transport Services Group Inc:

Note: The algorithm computes the probability of correlation between Air Transport Services Group Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Air Transport Services Group Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Air Transport Services Group Inc
Country United States
City Wilmington
Address 145 Hunter Drive
Phone 937 382 5591
Website www.atsginc.com
FullTime employees 5280
Industry Airlines
Sector Industrials
Exchange XNAS
Ticker ATSG
Market www.nasdaq.com

Air Transport Services Group Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown