Air Industries Group (AIRI) AI Stock Analysis

• Market Cap: $14.60M
• Dividend Yield: N/A
• Average Volume (3M): 61.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: -2.11%
• EPS Growth: -43.44%
• Country: US
• Employees: 184
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -0.11
• Shares Outstanding: 4,771,954
• 10 Day Avg. Volume: 46,718
• 30 Day Avg. Volume: 61,867
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.63
• Enterprise Value/Revenue: 0.73
• Enterprise Value/Gross Profit: 4.55
• Enterprise Value/Ebitda: 14.68
• 1Y Price Target: $3.00
• Price Target Upside: -3.54% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 42 Neutral
• Price Target: $3.00 ▼(-3.54% Downside)

Air Industries Group's overall stock score is primarily impacted by its weak financial performance and valuation concerns. The company's high leverage, cash flow challenges, and negative profitability are significant risks. Technical analysis and earnings call sentiment provide some balance but do not offset the financial weaknesses.

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 primarily through the sale of its manufactured aerospace and defense components to OEMs (Original Equipment Manufacturers) and Tier 1 suppliers within the industry. The company has established long-term contracts with key clients, which provide a steady stream of revenue. Additionally, AIRI services government contracts, particularly in the defense sector, which contribute significantly to its earnings. The company benefits from partnerships with major aerospace firms and defense contractors, enhancing its market presence and facilitating access to larger projects. Overall, AIRI's revenue model is built on a combination of direct sales, government contracts, and strategic partnerships that leverage its manufacturing capabilities in the aerospace and defense markets.

Air Industries Group Financial Statement Overview

Summary

Air Industries Group faces significant financial challenges with declining revenue, negative net income, high debt-to-equity ratio, and cash flow inefficiencies. These factors indicate financial instability and potential risk for investors.

Income Statement

Air Industries Group's income statement shows a challenging financial position with declining revenue and negative net income in the TTM period. The gross profit margin has slightly improved over the years, but the net profit margin remains negative, indicating ongoing profitability issues. The revenue growth rate has been inconsistent, with a notable decline in the TTM period. Overall, the company struggles with profitability and revenue growth, which impacts its financial health.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, particularly in the TTM period, which suggests significant leverage and potential financial risk. The return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is relatively low, further highlighting the company's reliance on debt financing. These factors suggest financial instability and potential risk for investors.

Cash Flow

Cash flow analysis shows negative free cash flow growth and a negative free cash flow to net income ratio in the TTM period, indicating cash flow challenges. The operating cash flow to net income ratio is low, suggesting inefficiencies in converting income into cash. These metrics highlight the company's struggles with cash generation and liquidity, which could impact its ability to fund operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	52.27M	55.11M	51.52M	53.24M	58.94M	50.10M
Gross Profit	8.44M	8.93M	7.43M	7.45M	10.25M	6.51M
EBITDA	2.62M	3.45M	2.75M	3.33M	6.19M	4.46M
Net Income	-2.37M	-1.37M	-2.13M	-1.08M	1.63M	1.10M
Balance Sheet
Total Assets	50.38M	51.01M	50.72M	53.81M	53.42M	57.78M
Cash, Cash Equivalents and Short-Term Investments	507.00K	753.00K	346.00K	281.00K	627.00K	2.50M
Total Debt	26.36M	27.87M	25.77M	28.51M	27.29M	31.90M
Total Liabilities	35.11M	36.06M	35.52M	36.98M	36.04M	42.67M
Stockholders Equity	15.27M	14.95M	15.19M	16.84M	17.39M	15.11M
Cash Flow
Free Cash Flow	-1.32M	-1.98M	2.74M	-1.91M	2.70M	-5.32M
Operating Cash Flow	1.86M	324.00K	4.86M	448.00K	4.06M	-1.52M
Investing Cash Flow	-3.17M	-2.29M	-2.11M	-2.36M	-1.36M	-3.80M
Financing Cash Flow	1.57M	2.37M	-2.69M	1.57M	-4.58M	6.53M

Air Industries Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.11
• 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 3.11 is below the 20-day moving average (MA) of 3.18, below the 50-day MA of 3.26, and below the 200-day MA of 3.65, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 44.67 is Neutral, neither overbought nor oversold. The STOCH value of 15.58 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
SIF	57 Neutral	45.06M	-57.07	-2.07%	―	-17.56%	91.53%
CVU	49 Neutral	33.10M	-33.69	-3.90%	―	-14.35%	-105.66%
ASTC	47 Neutral	8.71M	-0.58	―	―	-54.94%	-24.76%
AIRI	42 Neutral	$14.60M	―	-15.70%	―	-2.11%	-43.44%
MNTS	41 Neutral	15.13M	-0.09	447.45%	―	-70.65%	90.41%
XTIA	40 Underperform	48.71M	-0.03	-389.23%	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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 to Release Q2 2025 Results

On August 12, 2025, Air Industries Group announced that it will release its financial results for the second quarter of 2025 on August 14, 2025, before the market opens. The company will also host a conference call the same day to discuss the results. This announcement is significant for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor confidence.

Air Industries Secures $5.4M B-52 Gear Contract

On July 10, 2025, Air Industries Group announced securing a $5.4 million contract for landing gear assemblies for the US Air Force B-52 aircraft, with deliveries scheduled from late 2026 through the third quarter of 2027. This contract marks the company’s first order from a new customer, highlighting its strategic focus on after-market spares, potentially strengthening its position in the aerospace and defense industry.

Air Industries Group Increases Authorized Stock Shares

On July 8, 2025, Air Industries Group increased its authorized common stock shares from 6,000,000 to 20,000,000, following shareholder approval at the annual meeting on June 26, 2025. Additionally, the company amended its bylaws to change the quorum requirement for shareholder meetings from a majority to 33.33% of outstanding shares, effective the same day.

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.