MAIR
Madison Air Solutions Corporation
Price Chart
Latest Quote
$39.40
+1.34 (+3.52%)
Current Price
| Previous Close | $38.06 |
| Open | $38.27 |
| Day High | $40.48 |
| Day Low | $38.45 |
| Volume | 1,315,331 |
Stock Information
| Shares Outstanding | 176.89M |
| Total Debt | $5.79B |
| Cash Equivalents | $229.00M |
| Revenue | $3.57B |
| Net Income | $95.30M |
| Sector | Industrials |
| Industry | Building Products & Equipment |
| Market Cap | $19.75B |
| P/E Ratio | 112.57 |
| EPS (TTM) | $0.35 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $26.33B |
| Sales | $3.57B |
| Income | $95.30M |
| Cash/sh | $1.29 |
| Employees | 9K |
Financial Ratios
| Quick Ratio | 1.12 |
| Current Ratio | 1.77 |
| Debt/Eq | 561.14 |
| EPS Growth TTM | -10.90% |
Returns & Margins
| Gross Margin | 39.15% |
| Operating Margin | 16.64% |
| Profit Margin | 2.60% |
Ownership
| Insider Ownership | 35.26% |
| Institutional Ownership | 17.45% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 31.48 |
| P/S | 5.53 |
Analyst Data
| Recommendation | none |
| Target Price | $48.09 |
Technical Indicators
| SMA20 | $40.37 |
| RSI | 37.56 |
| ATR | 2.1586 |
| Shares Float | 124.73M |
| Short Float | 6.86% |
| Short Ratio | 4.36 |
| Rel Volume | 1.16 |
Performance History
| Week | +3.28% |
| Month | -1.60% |
| YTD | +24.09% |
| 10 Years | +24.09% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $39.40 | 1,315,300 |
| 2026-06-23 | $38.06 | 698,600 |
| 2026-06-22 | $38.56 | 953,800 |
| 2026-06-18 | $38.13 | 1,807,600 |
| 2026-06-17 | $37.44 | 1,216,000 |
| 2026-06-16 | $38.15 | 1,179,300 |
| 2026-06-15 | $38.90 | 1,408,200 |
| 2026-06-12 | $39.02 | 949,200 |
| 2026-06-11 | $40.26 | 1,393,300 |
| 2026-06-10 | $37.41 | 985,100 |
| 2026-06-09 | $40.56 | 1,081,600 |
| 2026-06-08 | $39.59 | 986,100 |
| 2026-06-05 | $40.14 | 1,168,900 |
| 2026-06-04 | $43.40 | 1,564,000 |
| 2026-06-03 | $43.56 | 524,300 |
| 2026-06-02 | $43.11 | 1,083,500 |
| 2026-06-01 | $43.86 | 1,028,600 |
| 2026-05-29 | $43.47 | 953,600 |
| 2026-05-28 | $42.23 | 1,414,300 |
| 2026-05-27 | $42.19 | 909,000 |
| 2026-05-26 | $42.84 | 1,191,700 |
About Madison Air Solutions Corporation
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.
đ° Latest News
How Madison Air Solutions (MAIR) Is Turning AI Data Center Cooling Into a Larger Growth Driver
Insider Monkey âĸ 2026-06-17T19:19:11Z
Jim Cramer Shows Bullish Sentiment Toward Madison Air
Insider Monkey âĸ 2026-06-17T16:38:38Z
Assessing Madison Air Solutions (MAIR) Valuation After Strong Year To Date Share Price Performance
Simply Wall St. âĸ 2026-05-15T18:21:22Z
Is Madison Air Solutions a Buy After Its Strong IPO Debut?
Motley Fool âĸ 2026-05-15T14:50:00Z
AMD, Under Armour downgraded: Wall Street's top analyst calls
The Fly âĸ 2026-05-13T13:35:33Z
Madison Air Solutions Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-13T05:04:30ZCPI Comes in Line With Expectations
Zacks âĸ 2026-05-12T15:06:00Z
CPI Inflation Rate Heats Up to +3.8%
Zacks âĸ 2026-05-12T14:30:00ZWall Street Likes This Data Center Cooling Stock. Shares Could Rise 20%.
Barrons.com âĸ 2026-05-11T20:22:00Z
Wall Street split on Madison Air as AI cooling demand soars
Investing.com âĸ 2026-05-11T19:35:47Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | |||
| Reconciled Cost Of Revenue | $2,127,700,000 | $1,578,000,000 | $1,575,100,000 |
| Cost Of Revenue | $2,154,600,000 | $1,617,800,000 | $1,618,400,000 |
| Total Revenue | $3,518,900,000 | $2,624,700,000 | $2,556,200,000 |
| Operating Revenue | $3,518,900,000 | $2,624,700,000 | $2,556,200,000 |
| Expenses | |||
| Interest Expense | $398,000,000 | $295,200,000 | $314,500,000 |
| Total Expenses | $3,017,300,000 | $2,138,200,000 | $2,137,400,000 |
| Other Income Expense | $5,700,000 | $-2,100,000 | $-16,100,000 |
| Other Non Operating Income Expenses | $11,700,000 | $8,600,000 | $1,000,000 |
| Net Non Operating Interest Income Expense | $-398,000,000 | $-295,200,000 | $-314,500,000 |
| Interest Expense Non Operating | $398,000,000 | $295,200,000 | $314,500,000 |
| Operating Expense | $862,700,000 | $520,400,000 | $519,000,000 |
| Other Operating Expenses | $184,800,000 | $30,800,000 | $23,400,000 |
| Income & Earnings | |||
| Net Income From Continuing Operation Net Minority Interest | $32,200,000 | $92,600,000 | $31,800,000 |
| Net Interest Income | $-398,000,000 | $-295,200,000 | $-314,500,000 |
| Normalized Income | $36,940,000 | $101,286,681 | $45,309,000 |
| Net Income From Continuing And Discontinued Operation | $30,800,000 | $175,200,000 | $58,200,000 |
| Total Operating Income As Reported | $495,600,000 | $475,800,000 | $401,700,000 |
| Net Income Common Stockholders | $30,800,000 | $175,200,000 | $58,200,000 |
| Net Income | $30,800,000 | $175,200,000 | $58,200,000 |
| Net Income Including Noncontrolling Interests | $58,100,000 | $236,200,000 | $76,500,000 |
| Net Income Discontinuous Operations | $-1,400,000 | $82,600,000 | $26,400,000 |
| Net Income Continuous Operations | $59,500,000 | $153,600,000 | $50,100,000 |
| Pretax Income | $109,300,000 | $189,200,000 | $88,200,000 |
| Special Income Charges | $-6,000,000 | $-10,700,000 | $-17,100,000 |
| Operating Income | $501,600,000 | $486,500,000 | $418,800,000 |
| Depreciation Amortization Depletion Income Statement | $163,100,000 | $101,000,000 | $104,900,000 |
| Depreciation And Amortization In Income Statement | $163,100,000 | $101,000,000 | $104,900,000 |
| Amortization Of Intangibles Income Statement | $163,100,000 | $101,000,000 | $104,900,000 |
| Gross Profit | $1,364,300,000 | $1,006,900,000 | $937,800,000 |
| Per Share | |||
| Diluted EPS | $0.35 | $0.36 | $0.12 |
| Basic EPS | $0.35 | $0.36 | $0.12 |
| Other | |||
| Tax Effect Of Unusual Items | $-1,260,000 | $-2,013,319 | $-3,591,000 |
| Tax Rate For Calcs | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $703,300,000 | $635,900,000 | $568,000,000 |
| Total Unusual Items | $-6,000,000 | $-10,700,000 | $-17,100,000 |
| Total Unusual Items Excluding Goodwill | $-6,000,000 | $-10,700,000 | $-17,100,000 |
| Reconciled Depreciation | $190,000,000 | $140,800,000 | $148,200,000 |
| EBITDA (Bullshit earnings) | $697,300,000 | $625,200,000 | $550,900,000 |
| EBIT | $507,300,000 | $484,400,000 | $402,700,000 |
| Diluted Average Shares | $488,864,126 | $488,926,325 | $488,926,325 |
| Basic Average Shares | $488,864,126 | $488,926,325 | $488,926,325 |
| Diluted NI Availto Com Stockholders | $30,800,000 | $175,200,000 | $58,200,000 |
| Minority Interests | $-27,300,000 | $-61,000,000 | $-18,300,000 |
| Tax Provision | $49,800,000 | $35,600,000 | $38,100,000 |
| Restructuring And Mergern Acquisition | $6,000,000 | $10,700,000 | $17,100,000 |
| Amortization | $163,100,000 | $101,000,000 | $104,900,000 |
| Selling General And Administration | $514,800,000 | $388,600,000 | $390,700,000 |
Fetched: 2026-06-23
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Assets | |||
| Net Tangible Assets | $-6,587,300,000 | $-4,017,000,000 | $-3,073,500,000 |
| Total Assets | $8,177,100,000 | $5,453,000,000 | $6,384,400,000 |
| Total Non Current Assets | $7,041,100,000 | $4,300,900,000 | $5,300,800,000 |
| Other Non Current Assets | $119,100,000 | $112,300,000 | $966,000,000 |
| Goodwill And Other Intangible Assets | $6,550,300,000 | $3,958,900,000 | $4,084,100,000 |
| Other Intangible Assets | $3,231,800,000 | $1,732,800,000 | $1,848,100,000 |
| Current Assets | $1,136,000,000 | $1,152,100,000 | $1,083,600,000 |
| Other Current Assets | $41,200,000 | $35,100,000 | $32,300,000 |
| Prepaid Assets | $43,800,000 | $35,100,000 | $32,300,000 |
| Inventory | $408,400,000 | $293,300,000 | $282,000,000 |
| Receivables | $475,400,000 | $404,500,000 | $354,200,000 |
| Notes Receivable | $0 | $17,600,000 | $16,300,000 |
| Accounts Receivable | $475,400,000 | $386,900,000 | $337,900,000 |
| Cash Cash Equivalents And Short Term Investments | $208,400,000 | $419,200,000 | $301,900,000 |
| Cash And Cash Equivalents | $208,400,000 | $339,900,000 | $287,100,000 |
| Assets Held For Sale Current | - | $0 | $113,200,000 |
| Debt | |||
| Net Debt | $5,442,000,000 | $3,792,200,000 | $3,854,200,000 |
| Total Debt | $5,650,400,000 | $4,150,500,000 | $4,141,300,000 |
| Long Term Debt And Capital Lease Obligation | $5,622,600,000 | $4,103,400,000 | $4,114,100,000 |
| Long Term Debt | $5,622,600,000 | $4,103,400,000 | $4,114,100,000 |
| Current Debt And Capital Lease Obligation | $27,800,000 | $47,100,000 | $27,200,000 |
| Current Debt | $27,800,000 | $28,700,000 | $27,200,000 |
| Liabilities | |||
| Total Liabilities Net Minority Interest | $8,095,000,000 | $5,545,500,000 | $5,238,000,000 |
| Total Non Current Liabilities Net Minority Interest | $7,413,600,000 | $5,023,600,000 | $4,696,500,000 |
| Other Non Current Liabilities | $1,139,900,000 | $635,600,000 | $206,800,000 |
| Non Current Deferred Liabilities | $651,100,000 | $284,600,000 | $341,600,000 |
| Non Current Deferred Taxes Liabilities | $651,100,000 | $284,600,000 | $341,600,000 |
| Current Liabilities | $681,400,000 | $521,900,000 | $541,500,000 |
| Current Deferred Liabilities | $128,300,000 | $78,300,000 | $57,100,000 |
| Payables And Accrued Expenses | $525,300,000 | $308,000,000 | $406,600,000 |
| Payables | $260,100,000 | $227,900,000 | $169,400,000 |
| Accounts Payable | $260,100,000 | $212,800,000 | $169,400,000 |
| Liabilities Heldfor Sale Non Current | - | $0 | $34,000,000 |
| Other Current Liabilities | - | $12,900,000 | $50,600,000 |
| Equity | |||
| Common Stock Equity | $-37,000,000 | $-58,100,000 | $1,010,600,000 |
| Total Equity Gross Minority Interest | $82,100,000 | $-92,500,000 | $1,146,400,000 |
| Stockholders Equity | $-37,000,000 | $-58,100,000 | $1,010,600,000 |
| Retained Earnings | $-37,000,000 | $-17,400,000 | $69,700,000 |
| Gains Losses Not Affecting Retained Earnings | - | $-40,700,000 | - |
| Other Equity Adjustments | - | $-40,700,000 | - |
| Other | |||
| Ordinary Shares Number | $488,926,325 | $488,926,325 | $488,926,325 |
| Share Issued | $488,926,325 | $488,926,325 | $488,926,325 |
| Tangible Book Value | $-6,587,300,000 | $-4,017,000,000 | $-3,073,500,000 |
| Invested Capital | $5,613,400,000 | $4,074,000,000 | $5,151,900,000 |
| Working Capital | $454,600,000 | $630,200,000 | $542,100,000 |
| Total Capitalization | $5,585,600,000 | $4,045,300,000 | $5,124,700,000 |
| Minority Interest | $119,100,000 | $402,800,000 | $135,800,000 |
| Additional Paid In Capital | $0 | $0 | $940,900,000 |
| Capital Stock | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 |
| Current Deferred Revenue | $128,300,000 | $77,100,000 | $57,100,000 |
| Current Accrued Expenses | $265,200,000 | $80,100,000 | $237,200,000 |
| Goodwill | $3,318,500,000 | $2,226,100,000 | $2,236,000,000 |
| Net PPE | $371,700,000 | $229,700,000 | $250,700,000 |
| Accumulated Depreciation | $-189,600,000 | $-145,500,000 | $-116,700,000 |
| Gross PPE | $561,300,000 | $375,200,000 | $367,400,000 |
| Construction In Progress | $29,400,000 | $12,100,000 | $14,400,000 |
| Other Properties | $9,900,000 | $7,500,000 | $6,600,000 |
| Machinery Furniture Equipment | $319,800,000 | $235,600,000 | $227,300,000 |
| Buildings And Improvements | $176,000,000 | $104,300,000 | $102,800,000 |
| Land And Improvements | $26,200,000 | $15,700,000 | $16,300,000 |
| Properties | $0 | $0 | $0 |
| Finished Goods | $159,800,000 | $123,100,000 | $110,500,000 |
| Work In Process | $33,100,000 | $28,700,000 | $25,600,000 |
| Raw Materials | $215,500,000 | $141,500,000 | $145,900,000 |
| Other Short Term Investments | $0 | $79,300,000 | $14,800,000 |
| Capital Lease Obligations | - | $18,400,000 | - |
| Current Capital Lease Obligation | - | $18,400,000 | - |
| Pensionand Other Post Retirement Benefit Plans Current | - | $75,600,000 | - |
Fetched: 2026-06-23
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Free Cash Flow | |||
| Free Cash Flow | $439,800,000 | $-10,300,000 | $262,000,000 |
| Operating Activities | |||
| Operating Cash Flow | $480,400,000 | $17,900,000 | $288,100,000 |
| Cash From Discontinued Operating Activities | $400,000 | $-202,500,000 | $50,600,000 |
| Cash Flow From Continuing Operating Activities | $480,000,000 | $220,400,000 | $237,500,000 |
| Operating Gains Losses | $-5,300,000 | $-5,000,000 | $-600,000 |
| Investing Activities | |||
| Capital Expenditure | $-40,600,000 | $-28,200,000 | $-26,100,000 |
| Investing Cash Flow | $-2,348,300,000 | $1,062,400,000 | $-35,500,000 |
| Cash From Discontinued Investing Activities | $4,900,000 | $1,144,800,000 | $-3,500,000 |
| Cash Flow From Continuing Investing Activities | $-2,353,200,000 | $-82,400,000 | $-32,000,000 |
| Net Other Investing Changes | $-95,000,000 | - | - |
| Financing Activities | |||
| Issuance Of Capital Stock | $157,500,000 | $0 | $0 |
| Financing Cash Flow | $1,736,600,000 | $-1,045,000,000 | $-40,800,000 |
| Cash From Discontinued Financing Activities | $0 | $-600,000 | $-800,000 |
| Cash Flow From Continuing Financing Activities | $1,736,600,000 | $-1,044,400,000 | $-40,000,000 |
| Net Other Financing Charges | $-21,700,000 | $-1,016,600,000 | $-11,400,000 |
| Net Common Stock Issuance | $157,500,000 | $0 | $0 |
| Common Stock Issuance | $157,500,000 | $0 | $0 |
| Other | |||
| Repayment Of Debt | $-226,700,000 | $-27,800,000 | $-28,600,000 |
| Issuance Of Debt | $1,827,500,000 | $0 | $0 |
| Interest Paid Supplemental Data | $324,800,000 | $292,900,000 | $252,200,000 |
| Income Tax Paid Supplemental Data | $87,000,000 | $289,900,000 | $104,100,000 |
| End Cash Position | $208,400,000 | $339,900,000 | $287,100,000 |
| Other Cash Adjustment Outside Changein Cash | $0 | $0 | $-20,300,000 |
| Beginning Cash Position | $339,900,000 | $307,400,000 | $93,900,000 |
| Effect Of Exchange Rate Changes | $-200,000 | $-2,800,000 | $1,700,000 |
| Changes In Cash | $-131,300,000 | $35,300,000 | $211,800,000 |
| Net Issuance Payments Of Debt | $1,600,800,000 | $-27,800,000 | $-28,600,000 |
| Net Long Term Debt Issuance | $1,600,800,000 | $-27,800,000 | $-28,600,000 |
| Long Term Debt Payments | $-226,700,000 | $-27,800,000 | $-28,600,000 |
| Long Term Debt Issuance | $1,827,500,000 | $0 | $0 |
| Net Investment Purchase And Sale | $80,500,000 | $-60,700,000 | $-14,800,000 |
| Sale Of Investment | $119,800,000 | $150,000,000 | $0 |
| Purchase Of Investment | $-39,300,000 | $-210,700,000 | $-14,800,000 |
| Net Business Purchase And Sale | $-2,300,900,000 | $0 | $0 |
| Purchase Of Business | $-2,300,900,000 | $0 | $0 |
| Net PPE Purchase And Sale | $-37,800,000 | $-21,700,000 | $-17,200,000 |
| Sale Of PPE | $2,800,000 | $6,500,000 | $8,900,000 |
| Purchase Of PPE | $-40,600,000 | $-28,200,000 | $-26,100,000 |
| Change In Working Capital | $27,300,000 | $-18,700,000 | $65,400,000 |
| Change In Other Working Capital | $52,900,000 | $1,400,000 | $-1,200,000 |
| Change In Other Current Assets | $-6,600,000 | $-18,700,000 | $7,400,000 |
| Change In Payables And Accrued Expense | $40,200,000 | $51,900,000 | $15,200,000 |
| Change In Inventory | $-36,200,000 | $-16,200,000 | $67,800,000 |
| Change In Receivables | $-23,000,000 | $-55,800,000 | $-23,800,000 |
| Changes In Account Receivables | $-23,000,000 | $-55,800,000 | $-23,800,000 |
| Other Non Cash Items | $141,000,000 | $7,300,000 | $23,100,000 |
| Deferred Tax | $1,300,000 | $-57,600,000 | $-48,700,000 |
| Deferred Income Tax | $1,300,000 | $-57,600,000 | $-48,700,000 |
| Depreciation Amortization Depletion | $190,000,000 | $140,800,000 | $148,200,000 |
| Depreciation And Amortization | $190,000,000 | $140,800,000 | $148,200,000 |
| Gain Loss On Investment Securities | $-1,900,000 | $-3,100,000 | - |
| Net Foreign Currency Exchange Gain Loss | $-2,100,000 | $-2,900,000 | $0 |
| Gain Loss On Sale Of PPE | $-300,000 | $1,000,000 | $-600,000 |
| Gain Loss On Sale Of Business | $-1,000,000 | $0 | $0 |
| Net Income From Continuing Operations | $125,700,000 | $153,600,000 | $50,100,000 |
Fetched: 2026-06-23