Air Industries Group Debt-to-EBITDA Ratio Growth & History (AIRI)
Air Industries Group's debt-to-ebitda ratio was 11.33 for fiscal 2025.
View full Air Industries Group company overviewAir Industries Group annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 11.33 | 2.36 | +26.28% |
| 2024 | 2024-12-31 | 8.97 | −1.41 | −13.61% |
| 2023 | 2023-12-31 | 10.39 | 3.45 | +49.81% |
| 2022 | 2022-12-31 | 6.93 | 2.72 | +64.67% |
| 2021 | 2021-12-31 | 4.21 | −24.00 | −85.07% |
| 2020 | 2020-12-31 | 28.21 | 25.71 | +1026.69% |
| 2019 | 2019-12-31 | 2.50 | — | — |
| 2015 | 2015-12-31 | 1.80 | −0.08 | −4.12% |
| 2014 | 2014-12-31 | 1.87 | 1.30 | +225.05% |
| 2013 | 2013-12-31 | 0.58 | −0.24 | −29.17% |
| 2012 | 2012-12-31 | 0.81 | −0.98 | −54.68% |
| 2011 | 2011-12-31 | 1.80 | — | — |
Air Industries Group quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.82 | −4.38 | −28.79% |
| Q1 2026 | 2026-03-31 | 10.21 | −0.32 | −3.02% |
| Q4 2025 | 2025-12-31 | 11.33 | 2.36 | +26.28% |
| Q3 2025 | 2025-09-30 | 13.90 | 6.37 | +84.63% |
| Q2 2025 | 2025-06-30 | 15.20 | — | — |
| Q1 2025 | 2025-03-31 | 10.53 | 7.64 | +263.95% |
| Q4 2024 | 2024-12-31 | 8.97 | −1.41 | −13.61% |
| Q3 2024 | 2024-09-30 | 7.53 | −7.42 | −49.65% |
| Q1 2024 | 2024-03-31 | 2.89 | −4.85 | −62.62% |
| Q4 2023 | 2023-12-31 | 10.39 | 3.45 | +49.81% |
| Q3 2023 | 2023-09-30 | 14.95 | 13.93 | +1364.30% |
| Q2 2023 | 2023-06-30 | 8.02 | 6.81 | +560.92% |
| Q1 2023 | 2023-03-31 | 7.74 | 3.43 | +79.80% |
| Q4 2022 | 2022-12-31 | 6.93 | 2.72 | +64.67% |
| Q3 2022 | 2022-09-30 | 1.02 | −6.93 | −87.16% |
| Q2 2022 | 2022-06-30 | 1.21 | −8.89 | −87.99% |
| Q1 2022 | 2022-03-31 | 4.30 | −19.67 | −82.04% |
| Q4 2021 | 2021-12-31 | 4.21 | −24.00 | −85.07% |
| Q3 2021 | 2021-09-30 | 7.95 | −23.51 | −74.72% |
| Q2 2021 | 2021-06-30 | 10.10 | 4.63 | +84.55% |
| Q1 2021 | 2021-03-31 | 23.97 | 17.46 | +268.18% |
| Q4 2020 | 2020-12-31 | 28.21 | 25.71 | +1026.69% |
| Q3 2020 | 2020-09-30 | 31.46 | 6.80 | +27.56% |
| Q2 2020 | 2020-06-30 | 5.47 | — | — |
| Q1 2020 | 2020-03-31 | 6.51 | — | — |
| Q4 2019 | 2019-12-31 | 2.50 | — | — |
| Q3 2019 | 2019-09-30 | 24.66 | — | — |
| Q3 2016 | 2016-09-30 | 22.37 | 20.60 | +1160.19% |
| Q2 2016 | 2016-06-30 | 3.84 | 2.54 | +195.56% |
| Q1 2016 | 2016-03-31 | 2.89 | 0.27 | +10.26% |
| Q4 2015 | 2015-12-31 | 1.80 | −0.08 | −4.12% |
| Q3 2015 | 2015-09-30 | 1.78 | 1.07 | +150.80% |
| Q2 2015 | 2015-06-30 | 1.30 | 0.59 | +83.92% |
| Q1 2015 | 2015-03-31 | 2.62 | 1.98 | +311.30% |
| Q4 2014 | 2014-12-31 | 1.87 | 1.30 | +225.05% |
| Q3 2014 | 2014-09-30 | 0.71 | 0.22 | +43.67% |
| Q2 2014 | 2014-06-30 | 0.71 | 0.09 | +14.04% |
| Q1 2014 | 2014-03-31 | 0.64 | −0.02 | −3.25% |
| Q4 2013 | 2013-12-31 | 0.58 | −0.24 | −29.17% |
| Q3 2013 | 2013-09-30 | 0.49 | — | — |
| Q2 2013 | 2013-06-30 | 0.62 | — | — |
| Q1 2013 | 2013-03-31 | 0.66 | — | — |
| Q4 2012 | 2012-12-31 | 0.81 | — | — |
Air Industries Group debt-to-ebitda ratio trends
Over the last five fiscal years, Air Industries Group's debt-to-ebitda ratio decreased from 28.21 to 11.33, a change of −16.88. The latest reported quarter, Q2 2026, shows 10.82.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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