Air Transport Services Group, Inc. (ATSG)

ATSG Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,071	2,045	1,734	1,571	1,452
Revenue Growth (YoY)	1.23%	17.94%	10.42%	8.15%	62.74%
Cost of Revenue	583.05	531.24	436.93	403.73	400.44
Gross Profit	1,488	1,514	1,297	1,167	1,052
Selling, General & Admin	846.23	809.38	701.58	615.64	540.52
Other Operating Expenses	441.5	419.37	274.54	344.81	334.23
Operating Expenses	1,288	1,229	976.12	960.46	874.74
Operating Income	199.83	285.48	321.23	206.39	177
Interest Expense / Income	72.7	46.86	58.79	62.89	66.64
Other Expense / Income	42.31	-24.02	-41.2	95.07	37.56
Pretax Income	84.82	262.64	303.65	48.43	72.79
Income Tax	24.49	64.06	72.23	16.31	11.59
Net Income	60.33	198.58	231.42	32.12	61.2
Net Income Growth	-69.62%	-14.19%	620.60%	-47.53%	-11.67%
Shares Outstanding (Basic)	69	74	69	59	59
Shares Outstanding (Diluted)	76	88	76	60	69
Shares Change	-14.45%	15.89%	27.17%	-13.58%	1.45%
EPS (Basic)	0.88	2.70	3.36	0.54	1.04
EPS (Diluted)	0.82	2.28	2.83	0.54	0.79
EPS Growth	-64.04%	-19.43%	424.07%	-31.65%	-13.19%
Free Cash Flow	-110.25	-111.4	98.24	26.47	-45.76
Free Cash Flow Per Share	-1.61	-1.51	1.43	0.45	-0.78
Gross Margin	71.84%	74.03%	74.81%	74.29%	72.42%
Operating Margin	9.65%	13.96%	18.52%	13.14%	12.19%
Profit Margin	2.91%	9.71%	13.34%	2.04%	4.21%
Free Cash Flow Margin	-5.32%	-5.45%	5.66%	1.69%	-3.15%
Effective Tax Rate	28.87%	24.39%	23.79%	33.69%	15.92%
EBITDA	521.05	665.35	704.28	421.64	424.79
EBITDA Margin	25.16%	32.53%	40.61%	26.85%	29.25%
Depreciation & Amortization	363.53	355.85	341.85	310.32	285.35
EBIT	157.52	309.5	362.44	111.32	139.44
EBIT Margin	7.61%	15.13%	20.90%	7.09%	9.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).