Air Transport Services Group Inc
NASDAQ:ATSG
Income Statement
Earnings Waterfall
Air Transport Services Group Inc
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-982m
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-888.8m
USD
|
Operating Income
|
199.8m
USD
|
Other Expenses
|
-139.5m
USD
|
Net Income
|
60.3m
USD
|
Income Statement
Air Transport Services Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
580
N/A
|
580
+0%
|
591
+2%
|
589
0%
|
590
+0%
|
593
+1%
|
592
0%
|
596
+1%
|
619
+4%
|
650
+5%
|
678
+4%
|
729
+8%
|
769
+6%
|
829
+8%
|
906
+9%
|
967
+7%
|
1 068
+10%
|
1 033
-3%
|
984
-5%
|
935
-5%
|
892
-5%
|
1 038
+16%
|
1 169
+13%
|
1 330
+14%
|
1 452
+9%
|
1 493
+3%
|
1 537
+3%
|
1 575
+2%
|
1 571
0%
|
1 557
-1%
|
1 589
+2%
|
1 651
+4%
|
1 734
+5%
|
1 844
+6%
|
1 944
+5%
|
1 995
+3%
|
2 045
+3%
|
2 061
+1%
|
2 080
+1%
|
2 087
+0%
|
2 071
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(236)
|
(232)
|
(234)
|
(234)
|
(230)
|
(230)
|
(229)
|
(229)
|
(244)
|
(260)
|
(277)
|
(308)
|
(325)
|
(366)
|
(395)
|
(407)
|
(448)
|
(413)
|
(392)
|
(371)
|
(346)
|
(405)
|
(458)
|
(534)
|
(600)
|
(634)
|
(659)
|
(673)
|
(680)
|
(683)
|
(705)
|
(740)
|
(779)
|
(830)
|
(889)
|
(930)
|
(959)
|
(980)
|
(982)
|
(988)
|
(982)
|
|
Gross Profit |
344
N/A
|
348
+1%
|
358
+3%
|
355
-1%
|
359
+1%
|
364
+1%
|
363
0%
|
367
+1%
|
375
+2%
|
390
+4%
|
401
+3%
|
421
+5%
|
443
+5%
|
464
+5%
|
512
+10%
|
560
+9%
|
620
+11%
|
620
+0%
|
592
-5%
|
564
-5%
|
547
-3%
|
632
+16%
|
710
+12%
|
796
+12%
|
852
+7%
|
859
+1%
|
877
+2%
|
902
+3%
|
891
-1%
|
874
-2%
|
884
+1%
|
912
+3%
|
955
+5%
|
1 014
+6%
|
1 055
+4%
|
1 065
+1%
|
1 086
+2%
|
1 081
-1%
|
1 098
+2%
|
1 099
+0%
|
1 089
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(278)
|
(337)
|
(343)
|
(339)
|
(288)
|
(295)
|
(294)
|
(303)
|
(302)
|
(319)
|
(334)
|
(353)
|
(373)
|
(391)
|
(431)
|
(469)
|
(521)
|
(511)
|
(482)
|
(452)
|
(436)
|
(502)
|
(567)
|
(638)
|
(676)
|
(679)
|
(682)
|
(695)
|
(693)
|
(697)
|
(713)
|
(723)
|
(746)
|
(763)
|
(780)
|
(787)
|
(801)
|
(818)
|
(836)
|
(863)
|
(889)
|
|
Selling, General & Administrative |
(150)
|
(152)
|
(150)
|
(142)
|
(141)
|
(136)
|
(131)
|
(134)
|
(129)
|
(133)
|
(136)
|
(142)
|
(155)
|
(156)
|
(170)
|
(177)
|
(187)
|
(193)
|
(194)
|
(195)
|
(206)
|
(229)
|
(246)
|
(274)
|
(285)
|
(283)
|
(285)
|
(290)
|
(286)
|
(287)
|
(291)
|
(292)
|
(296)
|
(296)
|
(300)
|
(305)
|
(314)
|
(329)
|
(344)
|
(364)
|
(383)
|
|
Depreciation & Amortization |
(92)
|
(96)
|
(101)
|
(104)
|
(108)
|
(112)
|
(117)
|
(121)
|
(125)
|
(129)
|
(131)
|
(134)
|
(136)
|
(139)
|
(144)
|
(148)
|
(155)
|
(158)
|
(162)
|
(168)
|
(179)
|
(202)
|
(223)
|
(244)
|
(258)
|
(264)
|
(269)
|
(273)
|
(278)
|
(280)
|
(287)
|
(297)
|
(308)
|
(319)
|
(325)
|
(331)
|
(331)
|
(334)
|
(335)
|
(338)
|
(343)
|
|
Other Operating Expenses |
(37)
|
(89)
|
(92)
|
(93)
|
(39)
|
(47)
|
(46)
|
(48)
|
(48)
|
(58)
|
(68)
|
(77)
|
(82)
|
(96)
|
(117)
|
(145)
|
(179)
|
(160)
|
(127)
|
(89)
|
(50)
|
(72)
|
(97)
|
(120)
|
(133)
|
(132)
|
(128)
|
(132)
|
(129)
|
(130)
|
(135)
|
(135)
|
(141)
|
(148)
|
(155)
|
(152)
|
(156)
|
(155)
|
(156)
|
(161)
|
(163)
|
|
Operating Income |
66
N/A
|
11
-84%
|
15
+37%
|
16
+12%
|
71
+340%
|
68
-4%
|
70
+2%
|
65
-8%
|
73
+13%
|
71
-3%
|
67
-6%
|
68
+2%
|
71
+3%
|
73
+4%
|
80
+10%
|
90
+12%
|
99
+10%
|
109
+10%
|
110
+1%
|
112
+2%
|
111
-1%
|
130
+17%
|
144
+10%
|
158
+10%
|
177
+12%
|
180
+2%
|
195
+8%
|
207
+6%
|
198
-4%
|
177
-10%
|
171
-3%
|
188
+10%
|
210
+11%
|
251
+20%
|
275
+10%
|
278
+1%
|
285
+3%
|
263
-8%
|
262
0%
|
236
-10%
|
200
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(14)
|
(15)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(10)
|
(11)
|
(5)
|
(14)
|
(29)
|
(28)
|
(102)
|
(130)
|
(100)
|
(107)
|
(32)
|
18
|
(32)
|
(40)
|
(102)
|
(39)
|
(96)
|
9
|
(65)
|
(209)
|
(177)
|
(271)
|
(117)
|
(69)
|
(31)
|
(35)
|
(64)
|
(53)
|
(45)
|
(53)
|
(63)
|
(70)
|
(78)
|
|
Non-Reccuring Items |
(53)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(29)
|
(8)
|
8
|
36
|
104
|
112
|
112
|
84
|
45
|
15
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
(13)
|
(6)
|
(4)
|
(2)
|
6
|
8
|
4
|
(1)
|
(5)
|
(9)
|
(4)
|
1
|
6
|
12
|
14
|
9
|
10
|
11
|
12
|
20
|
20
|
20
|
11
|
3
|
(5)
|
(38)
|
|
Pre-Tax Income |
(0)
N/A
|
(4)
-1 100%
|
0
N/A
|
3
N/A
|
52
+1 571%
|
56
+8%
|
58
+4%
|
53
-9%
|
63
+18%
|
60
-4%
|
62
+3%
|
55
-12%
|
35
-37%
|
38
+11%
|
(29)
N/A
|
(53)
-83%
|
(7)
+88%
|
(2)
+74%
|
77
N/A
|
136
+78%
|
88
-36%
|
94
+8%
|
41
-57%
|
113
+178%
|
72
-37%
|
185
+158%
|
102
-45%
|
(3)
N/A
|
41
N/A
|
(44)
N/A
|
166
N/A
|
242
+46%
|
301
+25%
|
311
+3%
|
276
-11%
|
260
-6%
|
260
+0%
|
222
-15%
|
202
-9%
|
161
-20%
|
84
-48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(19)
|
(18)
|
(19)
|
(21)
|
(20)
|
(22)
|
(23)
|
(21)
|
(23)
|
(22)
|
(22)
|
(19)
|
(13)
|
(16)
|
(14)
|
(21)
|
(32)
|
(31)
|
(31)
|
(29)
|
(20)
|
(19)
|
(17)
|
(17)
|
(12)
|
(14)
|
(10)
|
(15)
|
(16)
|
(22)
|
(47)
|
(55)
|
(72)
|
(75)
|
(65)
|
(61)
|
(64)
|
(55)
|
(52)
|
(43)
|
(24)
|
|
Income from Continuing Operations |
(20)
|
(22)
|
(19)
|
(17)
|
32
|
35
|
36
|
33
|
39
|
38
|
39
|
35
|
21
|
23
|
(43)
|
(73)
|
(38)
|
(32)
|
46
|
107
|
68
|
75
|
24
|
96
|
60
|
171
|
93
|
(18)
|
25
|
(66)
|
119
|
187
|
229
|
236
|
211
|
199
|
196
|
167
|
151
|
118
|
60
|
|
Net Income (Common) |
(20)
N/A
|
(21)
-9%
|
(19)
+12%
|
(17)
+11%
|
30
N/A
|
32
+8%
|
34
+4%
|
30
-10%
|
41
+36%
|
40
-2%
|
41
+2%
|
37
-11%
|
24
-36%
|
25
+8%
|
(40)
N/A
|
(75)
-88%
|
19
N/A
|
24
+32%
|
103
+321%
|
169
+64%
|
69
-59%
|
76
+10%
|
25
-67%
|
97
+290%
|
61
-37%
|
176
+188%
|
98
-44%
|
(13)
N/A
|
32
N/A
|
(63)
N/A
|
122
N/A
|
192
+58%
|
231
+21%
|
239
+3%
|
214
-10%
|
200
-6%
|
199
-1%
|
169
-15%
|
152
-10%
|
118
-22%
|
60
-49%
|