Event-Driven Stocks

Air Transport Services Group, Inc.

ATSG

Industrials · Air Courier Services · DE · SEC filings ↗ · Compare ⊕

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Signs3 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$1.96B$2.07B$2.05B$1.73B$1.57B$1.45B
Operating income$127.8M$199.8M$285.5M$321.2M$206.4M$177.0M
Net income$27.4M$60.3M$198.6M$231.4M$32.1M$61.2M
Total assets$3.89B$3.88B$3.59B$3.27B$3.00B$2.82B
Total liabilities$2.41B$2.51B$2.18B$1.94B$2.15B$2.36B
Equity$1.48B$1.37B$1.41B$1.32B$855.5M$460.3M
EPS (diluted)$0.40$0.82$2.28$2.83$0.54$0.79
Shares out.65.7M72.0M74.2M59.6M59.3M59.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
6.5%
Net margin
1.4%
Return on equity
1.8%
Return on assets
0.7%
Return on capital (ROCE)
3.6%
Liabilities / assets
61.9%
Debt / equity
1.62×
Book value / share
$22.59
Revenue growth (YoY)
−5.2%
Net income growth (YoY)
−54.5%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
1.37grey zone
Accruals / assets
13.0%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
52
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

2 warning3 good
  • Revenue declined year-over-year
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 31, 20253.0M4.4+4.7%
Mar 14, 20252.9M3.3+15.2%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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