Madison Air Solutions Corporation (MAIR)
NYSE: MAIR · Real-Time Price · USD
23.21
-1.32 (-5.38%)
Nov 10, 2026, 12:05 PM EST - Market open
Madison Air Solutions Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Cash & Equivalents | 2,645 | 208.4 | 339.9 | 287.1 |
Short-Term Investments | - | - | 79.3 | 14.8 |
Trading Asset Securities | - | 0.3 | - | - |
Cash & Short-Term Investments | 2,645 | 208.7 | 419.2 | 301.9 |
Cash Growth | - | -50.21% | 38.85% | - |
Accounts Receivable | 690.5 | 475.4 | 386.9 | 337.9 |
Other Receivables | - | 0.9 | - | - |
Receivables | 690.5 | 476.3 | 404.5 | 354.2 |
Inventory | 483.4 | 408.4 | 293.3 | 282 |
Prepaid Expenses | 61.4 | 40.4 | 35.1 | 32.3 |
Other Current Assets | 2.4 | 2.2 | - | 113.2 |
Total Current Assets | 3,884 | 1,136 | 1,152 | 1,084 |
Property, Plant & Equipment | 489.9 | 478.5 | 328.9 | 354.4 |
Long-Term Investments | 24.7 | - | 6.9 | - |
Goodwill | 3,314 | 3,319 | 2,226 | 2,236 |
Other Intangible Assets | 3,106 | 3,232 | 1,733 | 1,848 |
Other Long-Term Assets | 31.7 | 12.3 | 6.2 | 862.3 |
Total Assets | 10,850 | 8,177 | 5,453 | 6,384 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Accounts Payable | 381.9 | 260.1 | 212.8 | 169.4 |
Accrued Expenses | 138.3 | 180 | 123.2 | 161.8 |
Current Portion of Long-Term Debt | - | 25.7 | 27 | 25.7 |
Current Portion of Leases | 27.2 | 22 | 20.1 | 18.6 |
Current Income Taxes Payable | 0.8 | 5.4 | 15.1 | 11.5 |
Current Unearned Revenue | 148.9 | 128.3 | 77.1 | 57.1 |
Other Current Liabilities | 205.3 | 59.9 | 46.6 | 97.4 |
Total Current Liabilities | 902.4 | 681.4 | 521.9 | 541.5 |
Long-Term Debt | 3,051 | 5,623 | 4,101 | 4,112 |
Long-Term Leases | 114.6 | 95.8 | 87 | 91.9 |
Long-Term Unearned Revenue | 11.2 | 13.3 | 7.1 | - |
Pension & Post-Retirement Benefits | - | 5 | 6.3 | - |
Long-Term Deferred Tax Liabilities | 704.7 | 651.1 | 284.6 | 341.6 |
Other Long-Term Liabilities | 96 | 142.4 | 100.3 | 151.3 |
Total Liabilities | 4,880 | 7,212 | 5,108 | 5,238 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Additional Paid-In Capital | 5,797 | - | - | 940.9 |
Retained Earnings | 203.9 | -6.3 | -17.4 | 92.6 |
Comprehensive Income & Other | -31.9 | -30.7 | -40.7 | -22.9 |
Total Common Equity | 5,969 | -37 | -58.1 | 1,011 |
Minority Interest | 0.9 | 1,002 | 402.8 | 135.8 |
Shareholders' Equity | 5,970 | 965 | 344.7 | 1,146 |
Total Liabilities & Equity | 10,850 | 8,177 | 5,453 | 6,384 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Total Debt | 3,193 | 5,767 | 4,235 | 4,248 |
Net Cash (Debt) | -547.4 | -5,558 | -3,816 | -3,946 |
Net Cash Growth | - | - | - | - |
Working Capital | 2,981 | 454.6 | 630.2 | 542.1 |
Tangible Book Value | -450.7 | -6,587 | -4,017 | -3,074 |
Land | 26.4 | 26.2 | 15.7 | 16.3 |
Buildings | 177.6 | 176 | 104.3 | 102.8 |
Machinery | 343.4 | 319.8 | 235.6 | 227.3 |
Construction In Progress | 25.7 | 29.4 | 12.1 | 14.4 |
Order Backlog | - | 2,020 | 968.2 | 705.5 |