Air Industries Group (AIRI) AI Stock Analysis

• Market Cap: $12.23M
• Dividend Yield: N/A
• Average Volume (3M): 35.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: 0.29%
• EPS Growth: 31.48%
• Country: US
• Employees: 184
• Sector: Industrials
• Sector Strength: 85
• Industry: Aerospace & Defense
• EPS (TTM): N/A
• Shares Outstanding: 3,764,237
• 10 Day Avg. Volume: 40,039
• 30 Day Avg. Volume: 35,544
• PEG Ratio: 0.50
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.79
• Enterprise Value/Market Cap: 87.63
• Enterprise Value/Revenue: 4.98
• Enterprise Value/Gross Profit: 118.32
• Enterprise Value/Ebitda: 77.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: $3.50 ▲(7.03%Upside)

AIRI's overall score reflects significant financial challenges, with high leverage and negative profitability being the main concerns. While some technical stability is noted, poor valuation and mixed earnings call results highlight the need for strategic improvements to enhance financial health and market perception.

Air Industries Group Business Overview & Revenue Model

Company Description

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component. The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk, Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the US Navy F-18, and USAF F-16 and F-15 fighter aircraft. The Turbine and Engine Component segment makes components and provides services for aircraft jet engines and ground-power turbines. Its jet engine components are used on the USAF F-15 and F-16, the Airbus A-330, the Boeing 777, and others, as well as ground-power turbine applications. The company's products are used by original equipment manufacturers in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex aerospace and defense products. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York.

How the Company Makes Money

Air Industries Group generates revenue through the manufacturing and sale of precision components and assemblies used in aerospace and defense applications. The company's key revenue streams include contracts with major aerospace and defense contractors, providing critical parts such as landing gear and flight control systems. These contracts often span multiple years and involve rigorous quality standards and specifications. Additionally, Air Industries may engage in long-term partnerships or agreements with original equipment manufacturers (OEMs) in the aerospace sector, ensuring a steady stream of income through ongoing production and supply agreements. The company's earnings are significantly influenced by defense budgets, aerospace industry demand, and the ability to innovate and maintain competitive manufacturing processes.

Air Industries Group Financial Statement Overview

Summary

AIRI faces significant financial challenges with a negative net profit margin and high leverage (debt-to-equity ratio of 8.79), indicating financial risk. While cash generation from operations is positive, free cash flow remains negative, impacting future investments and debt servicing.

Income Statement

The income statement shows a challenging financial performance. The gross profit margin for TTM is 17.04%, indicating decent cost management, but the company struggles with profitability as evidenced by a negative net profit margin of -3.10%. Revenue has been volatile, with a recent decline from 2024 to TTM, indicating potential issues in revenue generation. EBIT and EBITDA margins are weak, reflecting operational inefficiencies and high fixed costs.

Balance Sheet

The balance sheet reflects high leverage and a weak equity position. The debt-to-equity ratio stands at an alarming 8.79 for TTM, highlighting significant financial risk. Return on equity is negative, indicating losses relative to shareholders' equity. The equity ratio of 31.59% shows a limited equity buffer to absorb financial fluctuations, presenting a concerning picture of financial stability.

Cash Flow

The cash flow statement indicates some challenges in cash generation. The operating cash flow to net income ratio is 1.26, showing the company generates cash from operations despite net losses. However, free cash flow is negative, and its growth rate is concerning, indicating difficulties in generating sufficient cash after capital expenditures. This could impact future investments and debt servicing capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	53.18M	55.11M	51.52M	53.24M	58.94M	50.10M
Gross Profit	9.06M	8.93M	7.43M	7.45M	10.25M	6.51M
EBITDA	3.23M	3.45M	2.75M	3.33M	6.19M	4.46M
Net Income	-1.65M	-1.37M	-2.13M	-1.08M	1.63M	1.10M
Balance Sheet
Total Assets	48.39M	51.01M	50.72M	53.81M	53.42M	57.78M
Cash, Cash Equivalents and Short-Term Investments	285.00M	753.00K	346.00K	281.00K	627.00K	2.50M
Total Debt	1.34B	27.87M	25.77M	28.51M	27.29M	31.90M
Total Liabilities	33.10M	36.06M	35.52M	36.98M	36.04M	42.67M
Stockholders Equity	15.29M	14.95M	15.19M	16.84M	17.39M	15.11M
Cash Flow
Free Cash Flow	-1.33M	-1.98M	2.74M	-1.91M	2.70M	-5.32M
Operating Cash Flow	2.08M	324.00K	4.86M	448.00K	4.06M	-1.52M
Investing Cash Flow	-3.39M	-2.29M	-2.11M	-2.36M	-1.36M	-3.80M
Financing Cash Flow	1.37M	2.37M	-2.69M	1.57M	-4.58M	6.53M

Air Industries Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIRI, the sentiment is Negative. The current price of 3.27 is below the 20-day moving average (MA) of 3.41, below the 50-day MA of 3.45, and below the 200-day MA of 4.28, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 39.29 is Neutral, neither overbought nor oversold. The STOCH value of 4.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AIRI.

Air Industries Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TWIN	65 Neutral	$130.58M	31.67	2.77%	1.65%	11.49%	-66.66%
Sector *	65 Neutral	$10.75B	15.69	5.29%	1.89%	3.09%	-27.41%
AIRT	63 Neutral	$59.03M	―	-790.22%	―	1.75%	5.85%
CVU	62 Neutral	$43.03M	23.31	7.62%	―	-7.34%	-88.84%
SIF	53 Neutral	$24.45M	―	-17.90%	―	-3.45%	54.42%
AIRI	44 Neutral	$12.23M	―	-11.05%	―	0.29%	31.48%
TISI	43 Neutral	$83.80M	―	-9999.00%	―	-1.00%	26.86%

Air Industries Group Corporate Events

Air Industries Group Holds Annual Stockholders Meeting

On June 26, 2025, Air Industries Group held its Annual Meeting of Stockholders where several key proposals were voted upon. The stockholders elected directors for the upcoming year, approved amendments to increase the number of authorized shares and shares available under the 2022 Equity Incentive Plan, approved executive compensation, and ratified the appointment of CBIZ CPAs P.C. as the independent accounting firm for 2025.

Air Industries Group to Announce Q1 2025 Results

On May 13, 2025, Air Industries Group announced that it will release its financial results for the first quarter of 2025 on May 15, before the market opens. The company will also host a conference call on the same day to discuss the results. This announcement is part of the company’s ongoing communication with stakeholders and provides insights into its financial performance and future outlook.

Air Industries Group Schedules Financial Results Call

On April 15, 2025, Air Industries Group announced it will host a conference call on April 16, 2025, to discuss its financial results for the year ended December 31, 2024. The call will provide insights into the company’s financial performance and may impact its stakeholders by offering a clearer picture of its market positioning and operational outcomes.