Air Industries Group (AIRI) AI Stock Analysis

• Market Cap: $13.14M
• Dividend Yield: N/A
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: 0.29%
• EPS Growth: 31.48%
• Country: US
• Employees: 184
• Sector: Industrials
• Sector Strength: 89
• Industry: Aerospace & Defense
• EPS (TTM): N/A
• Shares Outstanding: 3,764,237
• 10 Day Avg. Volume: 135,142
• 30 Day Avg. Volume: 1,054,298
• PEG Ratio: 0.49
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.67
• Enterprise Value/Market Cap: 81.57
• Enterprise Value/Revenue: 4.98
• Enterprise Value/Gross Profit: 118.28
• Enterprise Value/Ebitda: 77.35
• 1Y Price Target: $3.50
• Price Target Upside: 2.94% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: $3.50 ▲(2.94%Upside)

Air Industries Group's overall stock score reflects significant financial challenges, including high leverage and profitability issues. While technical and valuation metrics are not particularly favorable, recent contract wins and backlog growth provide some optimism. The earnings call sentiment suggests potential for future improvement, but current financial hurdles weigh heavily.

Air Industries Group Business Overview & Revenue Model

Company Description

Air Industries Group (AIRI) is a publicly traded aerospace and defense company that specializes in the design and manufacture of precision components and assemblies for the aerospace industry. The company primarily serves the defense sector but also caters to commercial aviation markets. With a focus on manufacturing complex flight safety and landing gear components, Air Industries Group is a key supplier to major aerospace companies and defense contractors.

How the Company Makes Money

Air Industries Group generates revenue through its diverse range of aerospace and defense products, primarily by manufacturing and selling precision components and assemblies. Key revenue streams include the production of flight-critical components, landing gear, and other complex assemblies required for military and commercial aircraft. The company maintains strong relationships with major defense contractors and aerospace manufacturers, which are crucial for securing long-term contracts and repeat business. Air Industries Group's earnings are significantly influenced by defense spending and the demand for new aircraft production and maintenance services, making government contracts and partnerships with leading aerospace firms critical to its financial success.

Air Industries Group Financial Statement Overview

Summary

The company faces significant financial challenges, including high leverage, weak profitability, and negative cash flow. The debt-to-equity ratio is alarmingly high, and the net profit margin is negative, reflecting financial instability.

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

Air Industries Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.40
• 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 3.4 is below the 20-day moving average (MA) of 3.45, below the 50-day MA of 3.44, and below the 200-day MA of 4.10, indicating a bearish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 49.07 is Neutral, neither overbought nor oversold. The STOCH value of 52.02 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 *	65 Neutral	$11.04B	15.74	4.60%	2.11%	3.27%	-26.87%
CVU	59 Neutral	$44.20M	24.01	7.62%	―	-7.34%	-88.84%
SIF	55 Neutral	$31.08M	―	-17.90%	―	-3.45%	54.42%
XTIA	50 Neutral	$33.16M	―	-327.59%	―	―	―
ASTC	47 Neutral	$9.30M	―	-44.54%	―	-54.94%	-24.76%
AIRI	45 Neutral	$13.14M	―	-11.05%	―	0.29%	31.48%
MNTS	40 Underperform	$10.66M	―	688.16%	―	-46.28%	93.33%

Air Industries Group Corporate Events

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.

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.