Symbols / MAIR Stock $33.28 -3.73% Madison Air Solutions Corporation

Industrials • Building Products & Equipment • United States • NYQ
MAIR (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Building Products & Equipment
CEO Ms. Jill S. Wyant
Exch · Country NYQ · United States
Market Cap 16.68B
Enterprise Value —
Income 98.40M
Sales 3.34B
FCF (ttm) 365.34M
Book/sh —
Cash/sh —
Employees —
Insider 10d —
IPO Apr 16, 2026
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 95.09
Forward P/E —
PEG —
P/S 5.00
P/B —
P/C —
EV/EBITDA —
EV/Sales —
Quick Ratio 1.00
Current Ratio 1.67
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 0.35
EPS next Y —
EPS Growth —
Revenue Growth —
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA 5.14%
ROE 19.20%
ROIC —
Gross Margin 38.93%
Oper. Margin 16.79%
Profit Margin 2.90%
Shs Outstand 176.89M
Shs Float —
Insider Own 35.35%
Instit Own 5.24%
Short Float —
Short Ratio —
Short Interest —
52W High 35.04
vs 52W High -5.02%
52W Low 31.00
vs 52W Low 7.35%
Beta —
Impl. Vol. —
Rel Volume 0.04
Avg Volume 10.51M
Volume 395.99K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $34.57
Price $33.28
Change -3.73%
About

Madison Air Solutions Corporation manufactures and sells indoor air quality products and solutions in the United States and internationally. It offers heating, air filtration and purification, air movement, and air conditioning solutions under the Reznor, AprilAire, Big Ass Fans, Nortek Air Solutions and, Roberts-Gordon. The company also provides related services, such as custom design, installation, repair, and maintenance. The company distributes through various customer bases and sales channels, including direct sales to national, regional and local companies; manufacturers' sales representatives; distributors; and retail partners. It serves healthcare and life sciences, advanced manufacturing, data centers, logistics, and education industries, as well as residential markets. Madison Air Solutions Corporation was founded in 2017 and is based in Chicago, Illinois. Madison Air Solutions Corporation is a subsidiary of Madison Industries Holdings LLC.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$33.60
Latest analyst target
3. DCF / Fair value
$37.18
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$33.60
Low
—
High
—
Mean
—
News
RSS: Latest MAIR news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Revenue
3,518.90
+34.07%
2,624.70
+2.68%
2,556.20
Operating Revenue
3,518.90
+34.07%
2,624.70
+2.68%
2,556.20
Cost Of Revenue
2,154.60
+33.18%
1,617.80
-0.04%
1,618.40
Reconciled Cost Of Revenue
2,127.70
+34.84%
1,578.00
+0.18%
1,575.10
Gross Profit
1,364.30
+35.50%
1,006.90
+7.37%
937.80
Operating Expense
862.70
+65.78%
520.40
+0.27%
519.00
Selling General And Administration
514.80
+32.48%
388.60
-0.54%
390.70
Other Operating Expenses
184.80
+500.00%
30.80
+31.62%
23.40
Total Expenses
3,017.30
+41.11%
2,138.20
+0.04%
2,137.40
Operating Income
501.60
+3.10%
486.50
+16.17%
418.80
Total Operating Income As Reported
495.60
+4.16%
475.80
+18.45%
401.70
EBITDA
697.30
+11.53%
625.20
+13.49%
550.90
Normalized EBITDA
703.30
+10.60%
635.90
+11.95%
568.00
Reconciled Depreciation
190.00
+34.94%
140.80
-4.99%
148.20
EBIT
507.30
+4.73%
484.40
+20.29%
402.70
Total Unusual Items
-6.00
+43.93%
-10.70
+37.43%
-17.10
Total Unusual Items Excluding Goodwill
-6.00
+43.93%
-10.70
+37.43%
-17.10
Special Income Charges
-6.00
+43.93%
-10.70
+37.43%
-17.10
Restructuring And Mergern Acquisition
6.00
-43.93%
10.70
-37.43%
17.10
Net Income
30.80
-82.42%
175.20
+201.03%
58.20
Pretax Income
109.30
-42.23%
189.20
+114.51%
88.20
Net Non Operating Interest Income Expense
-398.00
-34.82%
-295.20
+6.14%
-314.50
Interest Expense Non Operating
398.00
+34.82%
295.20
-6.14%
314.50
Net Interest Income
-398.00
-34.82%
-295.20
+6.14%
-314.50
Interest Expense
398.00
+34.82%
295.20
-6.14%
314.50
Other Income Expense
5.70
+371.43%
-2.10
+86.96%
-16.10
Other Non Operating Income Expenses
11.70
+36.05%
8.60
+760.00%
1.00
Tax Provision
49.80
+39.89%
35.60
-6.56%
38.10
Tax Rate For Calcs
0.00
+11.61%
0.00
-10.40%
0.00
Tax Effect Of Unusual Items
-1.26
+37.42%
-2.01
+43.93%
-3.59
Net Income Including Noncontrolling Interests
58.10
-75.40%
236.20
+208.76%
76.50
Net Income From Continuing Operation Net Minority Interest
32.20
-65.23%
92.60
+191.19%
31.80
Net Income From Continuing And Discontinued Operation
30.80
-82.42%
175.20
+201.03%
58.20
Net Income Continuous Operations
59.50
-61.26%
153.60
+206.59%
50.10
Net Income Discontinuous Operations
-1.40
-101.69%
82.60
+212.88%
26.40
Minority Interests
-27.30
+55.25%
-61.00
-233.33%
-18.30
Normalized Income
36.94
-63.53%
101.29
+123.55%
45.31
Net Income Common Stockholders
30.80
-82.42%
175.20
+201.03%
58.20
Diluted EPS
—
0.36
+201.03%
0.12
Basic EPS
—
0.36
+201.03%
0.12
Basic Average Shares
—
488.93
+0.00%
488.93
Diluted Average Shares
—
488.93
+0.00%
488.93
Diluted NI Availto Com Stockholders
30.80
-82.42%
175.20
+201.03%
58.20
Amortization
163.10
+61.49%
101.00
-3.72%
104.90
Amortization Of Intangibles Income Statement
163.10
+61.49%
101.00
-3.72%
104.90
Depreciation Amortization Depletion Income Statement
163.10
+61.49%
101.00
-3.72%
104.90
Depreciation And Amortization In Income Statement
163.10
+61.49%
101.00
-3.72%
104.90
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
8,177.10
+49.96%
5,453.00
-14.59%
6,384.40
Current Assets
1,136.00
-1.40%
1,152.10
+6.32%
1,083.60
Cash Cash Equivalents And Short Term Investments
208.40
-50.29%
419.20
+38.85%
301.90
Cash And Cash Equivalents
208.40
-38.69%
339.90
+18.39%
287.10
Other Short Term Investments
0.00
-100.00%
79.30
+435.81%
14.80
Receivables
475.40
+17.53%
404.50
+14.20%
354.20
Accounts Receivable
475.40
+22.87%
386.90
+14.50%
337.90
Inventory
408.40
+39.24%
293.30
+4.01%
282.00
Raw Materials
215.50
+52.30%
141.50
-3.02%
145.90
Work In Process
33.10
+15.33%
28.70
+12.11%
25.60
Finished Goods
159.80
+29.81%
123.10
+11.40%
110.50
Prepaid Assets
43.80
+24.79%
35.10
+8.67%
32.30
Assets Held For Sale Current
—
0.00
-100.00%
113.20
Total Non Current Assets
7,041.10
+63.71%
4,300.90
-18.86%
5,300.80
Net PPE
371.70
+61.82%
229.70
-8.38%
250.70
Gross PPE
561.30
+49.60%
375.20
+2.12%
367.40
Accumulated Depreciation
-189.60
-30.31%
-145.50
-24.68%
-116.70
Properties
0.00
0.00
0.00
Land And Improvements
26.20
+66.88%
15.70
-3.68%
16.30
Buildings And Improvements
176.00
+68.74%
104.30
+1.46%
102.80
Machinery Furniture Equipment
319.80
+35.74%
235.60
+3.65%
227.30
Construction In Progress
29.40
+142.98%
12.10
-15.97%
14.40
Other Properties
9.90
+32.00%
7.50
+13.64%
6.60
Goodwill And Other Intangible Assets
6,550.30
+65.46%
3,958.90
-3.07%
4,084.10
Goodwill
3,318.50
+49.07%
2,226.10
-0.44%
2,236.00
Other Intangible Assets
3,231.80
+86.51%
1,732.80
-6.24%
1,848.10
Other Non Current Assets
119.10
+6.06%
112.30
-88.37%
966.00
Total Liabilities Net Minority Interest
8,095.00
+45.97%
5,545.50
+5.87%
5,238.00
Current Liabilities
681.40
+30.56%
521.90
-3.62%
541.50
Payables And Accrued Expenses
525.30
+26.24%
416.10
+2.34%
406.60
Payables
260.10
+22.23%
212.80
+25.62%
169.40
Accounts Payable
260.10
+22.23%
212.80
+25.62%
169.40
Current Accrued Expenses
265.20
+30.45%
203.30
-14.29%
237.20
Current Debt And Capital Lease Obligation
27.80
-3.14%
28.70
+5.51%
27.20
Current Debt
27.80
-3.14%
28.70
+5.51%
27.20
Current Deferred Liabilities
128.30
+66.41%
77.10
+35.03%
57.10
Current Deferred Revenue
128.30
+66.41%
77.10
+35.03%
57.10
Other Current Liabilities
—
—
50.60
Total Non Current Liabilities Net Minority Interest
7,413.60
+47.58%
5,023.60
+6.96%
4,696.50
Liabilities Heldfor Sale Non Current
—
0.00
-100.00%
34.00
Long Term Debt And Capital Lease Obligation
5,622.60
+37.02%
4,103.40
-0.26%
4,114.10
Long Term Debt
5,622.60
+37.02%
4,103.40
-0.26%
4,114.10
Non Current Deferred Liabilities
651.10
+128.78%
284.60
-16.69%
341.60
Non Current Deferred Taxes Liabilities
651.10
+128.78%
284.60
-16.69%
341.60
Other Non Current Liabilities
1,139.90
+79.34%
635.60
+207.35%
206.80
Stockholders Equity
-37.00
+36.32%
-58.10
-105.75%
1,010.60
Common Stock Equity
-37.00
+36.32%
-58.10
-105.75%
1,010.60
Capital Stock
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
Share Issued
488.93
+0.00%
488.93
+0.00%
488.93
Ordinary Shares Number
488.93
+0.00%
488.93
+0.00%
488.93
Additional Paid In Capital
0.00
0.00
-100.00%
940.90
Retained Earnings
-37.00
+36.32%
-58.10
-183.36%
69.70
Minority Interest
119.10
+446.22%
-34.40
-125.33%
135.80
Total Equity Gross Minority Interest
82.10
+188.76%
-92.50
-108.07%
1,146.40
Total Capitalization
5,585.60
+38.08%
4,045.30
-21.06%
5,124.70
Working Capital
454.60
-27.86%
630.20
+16.25%
542.10
Invested Capital
5,613.40
+37.79%
4,074.00
-20.92%
5,151.90
Total Debt
5,650.40
+36.74%
4,132.10
-0.22%
4,141.30
Net Debt
5,442.00
+43.51%
3,792.20
-1.61%
3,854.20
Net Tangible Assets
-6,587.30
-63.99%
-4,017.00
-30.70%
-3,073.50
Tangible Book Value
-6,587.30
-63.99%
-4,017.00
-30.70%
-3,073.50
Notes Receivable
0.00
-100.00%
17.60
+7.98%
16.30
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Operating Cash Flow
480.40
+2583.80%
17.90
-93.79%
288.10
Cash Flow From Continuing Operating Activities
480.00
+117.79%
220.40
-7.20%
237.50
Cash From Discontinued Operating Activities
0.40
+100.20%
-202.50
-500.20%
50.60
Net Income From Continuing Operations
125.70
-18.16%
153.60
+206.59%
50.10
Depreciation Amortization Depletion
190.00
+34.94%
140.80
-4.99%
148.20
Depreciation And Amortization
190.00
+34.94%
140.80
-4.99%
148.20
Other Non Cash Items
141.00
+1831.51%
7.30
-68.40%
23.10
Deferred Tax
1.30
+102.26%
-57.60
-18.28%
-48.70
Deferred Income Tax
1.30
+102.26%
-57.60
-18.28%
-48.70
Operating Gains Losses
-5.30
-6.00%
-5.00
-733.33%
-0.60
Gain Loss On Investment Securities
-1.90
+38.71%
-3.10
—
Net Foreign Currency Exchange Gain Loss
-2.10
+27.59%
-2.90
0.00
Gain Loss On Sale Of PPE
-0.30
-130.00%
1.00
+266.67%
-0.60
Change In Working Capital
27.30
+245.99%
-18.70
-128.59%
65.40
Change In Receivables
-23.00
+58.78%
-55.80
-134.45%
-23.80
Changes In Account Receivables
-23.00
+58.78%
-55.80
-134.45%
-23.80
Change In Inventory
-36.20
-123.46%
-16.20
-123.89%
67.80
Change In Payables And Accrued Expense
40.20
-22.54%
51.90
+241.45%
15.20
Change In Other Working Capital
52.90
+163.18%
20.10
+1775.00%
-1.20
Change In Other Current Assets
-6.60
+64.71%
-18.70
-352.70%
7.40
Investing Cash Flow
-2,348.30
-321.04%
1,062.40
+3092.68%
-35.50
Cash Flow From Continuing Investing Activities
-2,353.20
-2755.83%
-82.40
-157.50%
-32.00
Cash From Discontinued Investing Activities
4.90
-99.57%
1,144.80
+32808.57%
-3.50
Net PPE Purchase And Sale
-37.80
-74.19%
-21.70
-26.16%
-17.20
Purchase Of PPE
-40.60
-43.97%
-28.20
-8.05%
-26.10
Sale Of PPE
2.80
-56.92%
6.50
-26.97%
8.90
Capital Expenditure
-40.60
-43.97%
-28.20
-8.05%
-26.10
Net Investment Purchase And Sale
80.50
+232.62%
-60.70
-310.14%
-14.80
Purchase Of Investment
-39.30
+81.35%
-210.70
-1323.65%
-14.80
Sale Of Investment
119.80
-20.13%
150.00
0.00
Net Business Purchase And Sale
-2,300.90
0.00
0.00
Purchase Of Business
-2,300.90
0.00
0.00
Gain Loss On Sale Of Business
-1.00
0.00
0.00
Net Other Investing Changes
-95.00
—
—
Financing Cash Flow
1,736.60
+266.18%
-1,045.00
-2461.27%
-40.80
Cash Flow From Continuing Financing Activities
1,736.60
+266.28%
-1,044.40
-2511.00%
-40.00
Net Issuance Payments Of Debt
1,600.80
+5858.27%
-27.80
+2.80%
-28.60
Issuance Of Debt
1,827.50
0.00
0.00
Repayment Of Debt
-226.70
-715.47%
-27.80
+2.80%
-28.60
Long Term Debt Issuance
1,827.50
0.00
0.00
Long Term Debt Payments
-226.70
-715.47%
-27.80
+2.80%
-28.60
Net Long Term Debt Issuance
1,600.80
+5858.27%
-27.80
+2.80%
-28.60
Net Common Stock Issuance
157.50
0.00
0.00
Net Other Financing Charges
-21.70
+97.87%
-1,016.60
-8817.54%
-11.40
Changes In Cash
-131.30
-471.95%
35.30
-83.33%
211.80
Effect Of Exchange Rate Changes
-0.20
+92.86%
-2.80
-264.71%
1.70
Beginning Cash Position
339.90
+10.57%
307.40
+227.37%
93.90
End Cash Position
208.40
-38.69%
339.90
+18.39%
287.10
Free Cash Flow
439.80
+4369.90%
-10.30
-103.93%
262.00
Interest Paid Supplemental Data
324.80
+10.89%
292.90
+16.14%
252.20
Income Tax Paid Supplemental Data
87.00
-69.99%
289.90
+178.48%
104.10
Common Stock Issuance
157.50
0.00
0.00
Issuance Of Capital Stock
157.50
0.00
0.00
Other Cash Adjustment Outside Changein Cash
0.00
0.00
+100.00%
-20.30
Cash From Discontinued Financing Activities
0.00
+100.00%
-0.60
+25.00%
-0.80
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

  • 8-K2026-04-17 View
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