Air Industries Group (AIRI) AI Stock Analysis

• Market Cap: $14.70M
• Dividend Yield: N/A
• Average Volume (3M): 46.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• Revenue Growth: -6.77%
• EPS Growth: -192.82%
• Country: US
• Employees: 184
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -0.01
• Shares Outstanding: 4,771,954
• 10 Day Avg. Volume: 53,751
• 30 Day Avg. Volume: 46,216
• PEG Ratio: 0.27
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.25
• P/FCF Ratio: -6.87
• Enterprise Value/Market Cap: 2.61
• Enterprise Value/Revenue: 0.77
• Enterprise Value/Gross Profit: 4.36
• Enterprise Value/Ebitda: 12.54
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $3.00 ▲(3.45% Upside)

Air Industries Group's overall score is primarily impacted by its financial instability, with high leverage and negative profitability metrics. Despite improvements in operational efficiency and profitability noted in the earnings call, the stock's bearish technical indicators and poor valuation metrics weigh heavily on its score.

Positive Factors

Revenue Growth

The significant improvement in net sales and gross profit indicates strong top-line expansion and effective cost management, supporting long-term growth.

Operational Efficiency

Improved operational efficiency, as reflected in reduced net loss and positive operating income, enhances the company's ability to sustain profitability over time.

Strong Backlog and Demand

A robust backlog and sustained demand from customers provide a stable revenue base and support future growth prospects.

Negative Factors

High Leverage

High leverage poses financial risks, potentially limiting the company's ability to invest in growth opportunities and affecting long-term financial stability.

Cash Flow Challenges

Inadequate cash flow generation can strain liquidity, hindering the company's ability to fund operations and reduce debt, impacting long-term viability.

Increased Debt

Rising debt levels increase financial liabilities, which could lead to higher interest expenses and constrain future financial flexibility.

Air Industries Group Business Overview & Revenue Model

Company Description

Air Industries Group (AIRI) is a manufacturer of aerospace and defense components, providing a range of products and services primarily for military and commercial aviation sectors. The company specializes in precision machining, assembly, and manufacturing of complex components and systems, including aircraft parts and assemblies, as well as ground support equipment. With a focus on quality and innovation, Air Industries Group serves major clients in the aerospace industry, contributing to various defense and commercial projects.

How the Company Makes Money

Air Industries Group generates revenue through the production and sale of specialized aerospace and defense components, including complex machined parts and assemblies. The company's revenue model is primarily based on contracts with government and commercial customers, which can include fixed-price contracts, cost-plus contracts, and other pricing mechanisms. Key revenue streams include sales from both new products and aftermarket services, as well as repair and overhaul services for existing components. Additionally, strategic partnerships with major defense contractors and participation in government contracts, particularly within the defense sector, significantly contribute to its earnings. The company also benefits from long-term relationships with clients, providing a steady stream of income.

Air Industries Group Financial Statement Overview

Summary

Air Industries Group shows strong revenue growth but struggles with profitability and cash flow management. High leverage and negative returns on equity indicate financial instability.

Income Statement

Air Industries Group shows a significant revenue growth in the TTM period, indicating strong top-line expansion. However, the company struggles with profitability, as evidenced by negative net profit margins and EBIT margins. Gross profit margins are moderate but not enough to offset the high costs and negative net income.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which could pose financial risks. The negative return on equity suggests that the company is not generating sufficient returns on its equity base. However, the equity ratio is relatively stable, showing a balanced asset structure.

Cash Flow

The cash flow statement highlights challenges in generating positive free cash flow, with negative growth and low coverage ratios. Operating cash flow is insufficient to cover net income, indicating potential liquidity issues. The company needs to improve cash generation to support its operations and reduce financial strain.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.02M	55.11M	51.52M	53.24M	58.94M	50.10M
Gross Profit	8.80M	8.93M	7.43M	7.45M	10.25M	6.51M
EBITDA	3.06M	3.45M	2.75M	3.33M	6.19M	1.13M
Net Income	-2.01M	-1.37M	-2.13M	-1.08M	1.63M	1.10M
Balance Sheet
Total Assets	57.95B	51.01M	50.72M	53.81M	53.42M	57.78M
Cash, Cash Equivalents and Short-Term Investments	126.00M	753.00K	346.00K	281.00K	627.00K	2.50M
Total Debt	925.00M	27.87M	25.77M	28.51M	27.29M	31.90M
Total Liabilities	39.11B	36.06M	35.52M	36.98M	36.04M	42.67M
Stockholders Equity	18.84B	14.95M	15.19M	16.84M	17.39M	15.11M
Cash Flow
Free Cash Flow	-4.76M	-1.98M	2.74M	-1.91M	2.70M	-5.32M
Operating Cash Flow	-938.00K	324.00K	4.86M	448.00K	4.06M	-1.52M
Investing Cash Flow	-3.61M	-2.29M	-2.11M	-2.36M	-1.36M	-3.80M
Financing Cash Flow	8.42M	2.37M	-2.69M	1.57M	-4.58M	6.53M

Air Industries Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 2.9 is below the 20-day moving average (MA) of 2.96, below the 50-day MA of 3.10, and below the 200-day MA of 3.37, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 41.25 is Neutral, neither overbought nor oversold. The STOCH value of 54.31 is Neutral, 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
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SIF	57 Neutral	$42.74M	-57.87	-7.07%	―	-17.56%	91.53%
CVU	46 Neutral	$28.80M	-29.78	-2.26%	―	-13.52%	-103.42%
AIRI	45 Neutral	$14.70M	-4.63	-11.98%	―	-6.77%	-192.82%
MNTS	41 Neutral	$12.22M	-0.08	―	―	-63.81%	81.84%
XTIA	41 Neutral	$45.32M	-0.03	-640.32%	―	―	―
ASTC	39 Underperform	$6.24M	-0.43	-54.89%	―	3.06%	-14.62%

Air Industries Group Corporate Events

Air Industries Secures $6.9M Contracts for Aircraft Components

On September 3, 2025, Air Industries Group announced it secured two contracts valued at approximately $6.9 million for Fixed Wing Landing Gear Components and Rotorcraft Components for Combat Helicopters. These contracts, which support the Maintenance, Repair, & Overhaul of aircraft, significantly boost the company’s aftermarket bookings to over $13 million, accounting for nearly 50% of new business since the end of the first quarter. This achievement aligns with Air Industries’ strategic goal of increasing its penetration in the aftermarket sector for 2025 and beyond, demonstrating its success in this area.

The most recent analyst rating on (AIRI) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Air Industries Group stock, see the AIRI Stock Forecast page.

Air Industries Group Earnings Call: Mixed Sentiments and Future Prospects

Air Industries Group Inc’s recent earnings call conveyed a mixed sentiment, highlighting both significant achievements and ongoing challenges. While the company celebrated record backlog levels and successful capital raising, these positives were tempered by decreased sales, operational hurdles, and a revised, lower outlook for the latter half of 2025.