Madison Air (MAIR) Stock Analysis
This is a peer-relative look at Madison Air (MAIR): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | MAIR |
|---|---|
| Name | Madison Air Solutions Corporation Class A Common Stock |
| Country/Region | United States |
| GICS Sector | Industrials |
| GICS Industry Group | Capital Goods |
| GICS Industry | Building Products |
| GICS Sub-Industry | Building Products |
| Market Capitalization | 11.56 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | April 16, 2026 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Total Return (1Y) | -- | 6.84% |
| Total Return (3Y, Annualized) | -- | 17.66% |
| Total Return (5Y, Annualized) | -- | 9.09% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 57.10% | 44.38% |
| Beta (5Y) | 1.60 | 1.19 |
| Max Drawdown (5Y) | -51.16% | -49.95% |
Risk-Adjusted Performance
Risk-Return Positioning
MAIR needs both 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 0.06 |
| Sortino Ratio (1Y) | -- | 0.09 |
Profitability
ROE (TTM)
No usable ROE is available for Madison Air (MAIR) this period, so the shareholder-equity return read is skipped.
MAIR
Capital Goods industry group
--
Group distribution
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- MAIR
- --
Largest peers
- GEV
- 93.04%
- CAT
- 56.14%
- GE
- 50.17%
- DE
- 18.24%
- RTX
- 12.85%
- MAIR
- --
- BA
- --
Net Margin (TTM)
Madison Air (MAIR) keeps 3.73% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
MAIR
Capital Goods industry group
3.73%
Group distribution
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MAIR
- 3.73%
- Q1
- 1.40%
- Min
- -12.89%
Largest peers
- GEV
- 23.54%
- GE
- 17.31%
- CAT
- 15.21%
- DE
- 10.17%
- RTX
- 8.75%
- BA
- 8.07%
- MAIR
- 3.73%
Operating Margin (TTM)
Madison Air (MAIR) turns 19.76% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
MAIR
Capital Goods industry group
19.76%
Group distribution
- Max
- 36.60%
- MAIR
- 19.76%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Largest peers
- CAT
- 20.19%
- MAIR
- 19.76%
- GE
- 18.49%
- RTX
- 15.54%
- DE
- 13.37%
- GEV
- 12.77%
- BA
- 0.30%
Profitability Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| ROE (TTM) | -- | 12.12% |
| ROA (TTM) | -- | 5.29% |
| Net Margin (TTM) | 3.73% | 6.30% |
| Operating Margin (TTM) | 19.76% | 11.12% |
| Gross Margin (TTM) | 39.06% | 29.63% |
Growth
Revenue Growth
Madison Air (MAIR) grew revenue 34.07%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.
EPS Growth
Madison Air (MAIR) grew earnings per share -2.32%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 34.07% | 8.11% |
| Revenue Growth (3Y CAGR) | -- | 6.45% |
| EPS Growth (YoY) | -2.32% | 5.45% |
| EPS Growth (3Y CAGR) | -- | 7.15% |
Financial Strength
Current Ratio (MRQ)
Madison Air (MAIR) has current ratio of 1.82, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
MAIR
Capital Goods industry group
1.82
Group distribution
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- MAIR
- 1.82
- Q1
- 1.43
- Min
- 0.36
Largest peers
- DE
- 2.13
- MAIR
- 1.82
- CAT
- 1.42
- BA
- 1.13
- RTX
- 1.05
- GE
- 0.98
- GEV
- 0.83
Debt / Equity (MRQ)
Madison Air (MAIR) has debt-to-equity ratio of 0.87, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
MAIR
Capital Goods industry group
0.87
Group distribution
- Max
- 2.33
- Q3
- 1.12
- MAIR
- 0.87
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Largest peers
- BA
- 7.39
- DE
- 2.30
- CAT
- 2.10
- GE
- 1.16
- MAIR
- 0.87
- RTX
- 0.55
- GEV
- 0.30
Financial Strength Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.82 | 2.08 |
| Debt / Equity (MRQ) | 0.87 | 0.60 |
| Net Debt / EBITDA | 3.37 | 1.78 |
Dividends
Dividend Yield (TTM)
Madison Air (MAIR) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
MAIR
Capital Goods industry group
0.00%
Group distribution
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 1.47%
- CAT
- 1.13%
- DE
- 0.98%
- GE
- 0.56%
- GEV
- 0.26%
- MAIR
- 0.00%
- BA
- 0.00%
Dividend Payout Ratio (TTM)
Madison Air (MAIR) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
MAIR
Capital Goods industry group
0.00%
Group distribution
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 45.85%
- DE
- 36.02%
- CAT
- 24.18%
- GE
- 20.23%
- GEV
- 4.59%
- MAIR
- 0.00%
- BA
- 0.00%
Dividend Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.24% |
| Dividend Payout Ratio (TTM) | 0.00% | 6.86% |
Valuation
P/E Ratio (TTM)
Madison Air (MAIR) trades at P/E ratio of 164.57, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.
MAIR
Capital Goods industry group
164.57
Group distribution
- MAIR
- 164.57
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
Largest peers
- MAIR
- 164.57
- DE
- 37.33
- GE
- 36.94
- RTX
- 30.82
- CAT
- 21.92
- GEV
- 20.32
- BA
- 17.89
P/S Ratio (TTM)
Madison Air (MAIR) trades at 3.09 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
MAIR
Capital Goods industry group
3.09
Group distribution
- Max
- 7.54
- Q3
- 3.76
- MAIR
- 3.09
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
Largest peers
- GE
- 6.38
- GEV
- 4.65
- DE
- 3.78
- CAT
- 3.29
- MAIR
- 3.09
- RTX
- 2.66
- BA
- 1.45
P/B Ratio (MRQ)
Madison Air (MAIR) trades at 3.17 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
MAIR
Capital Goods industry group
3.17
Group distribution
- Max
- 9.66
- Q3
- 5.00
- MAIR
- 3.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Largest peers
- BA
- 20.99
- GE
- 19.06
- GEV
- 18.00
- CAT
- 11.90
- DE
- 6.47
- RTX
- 3.69
- MAIR
- 3.17
Valuation Metrics
| Metric | Current stock: MAIR | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 164.57 | 25.41 |
| P/S Ratio (TTM) | 3.09 | 2.15 |
| P/B Ratio (MRQ) | 3.17 | 3.12 |
| Free Cash Flow Yield (TTM) | -- | 3.03% |