Madison Air Solutions (NYSE:MAIR) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Madison Air Solutions (NYSE:MAIR) released its quarterly earnings results on Thursday. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.08, FiscalAI reports. The company had revenue of $1.13 billion for the quarter. The firm’s quarterly revenue was up 25.4% on a year-over-year basis.

Here are the key takeaways from Madison Air Solutions’ conference call:

• Positive Sentiment: Madison Air raised its 2026 guidance, now expecting net sales of $4.05 billion–$4.125 billion and adjusted EBITDA of $1.04 billion–$1.07 billion, citing strong execution and demand.
• Positive Sentiment: Orders grew 26% in the quarter, and backlog reached a record $3.2 billion, up 119% year over year; more than 70% is expected to convert in 2027 or later.
• Negative Sentiment: Adjusted EBITDA margin declined year over year, primarily because rapid growth in data center cooling brought in lower-margin business and required investment in new programs and capacity. Management expects margin improvement as programs mature, though it does not anticipate a single-quarter rebound.
• Positive Sentiment: The pending ebm-papst acquisition is expected to expand Madison Air’s sales to about $6.9 billion and its addressable market to more than $70 billion; the company remains on track to close soon after year-end and targets $160 million in annual cost synergies by the end of year three.
• Positive Sentiment: Residential sales grew 3% and adjusted EBITDA rose 12% despite a soft housing market, with margins benefiting from productivity, pricing, and AprilAire synergies.

Madison Air Solutions Trading Down 9.6%

Shares of Madison Air Solutions stock traded down $2.27 on Thursday, hitting $21.34. 4,515,534 shares of the company traded hands, compared to its average volume of 2,189,431. Madison Air Solutions has a 12-month low of $21.32 and a 12-month high of $44.50. The company has a quick ratio of 1.21, a current ratio of 1.82 and a debt-to-equity ratio of 0.84. The stock’s 50-day moving average is $24.34.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MAIR shares. Zacks Research cut shares of Madison Air Solutions from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Weiss Ratings lowered shares of Madison Air Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, September 28th. Wall Street Zen upgraded shares of Madison Air Solutions to a “hold” rating in a research note on Sunday, July 12th. Stifel Nicolaus set a $35.00 target price on Madison Air Solutions in a report on Monday, October 19th. Finally, Citigroup dropped their target price on shares of Madison Air Solutions from $49.00 to $40.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Insider Transactions at Madison Air Solutions

In other news, Director Hudson La Force, III bought 20,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were purchased at an average price of $27.84 per share, for a total transaction of $556,800.00. Following the completion of the purchase, the director directly owned 36,713 shares of the company’s stock, valued at $1,022,089.92. This trade represents a 119.67% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Hedge Funds Weigh In On Madison Air Solutions

Hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new stake in Madison Air Solutions in the second quarter valued at approximately $251,481,000. Pictet Asset Management Holding SA increased its stake in shares of Madison Air Solutions by 42.9% during the 3rd quarter. Pictet Asset Management Holding SA now owns 6,337,704 shares of the company’s stock worth $155,908,000 after purchasing an additional 1,902,991 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Madison Air Solutions during the 2nd quarter worth $67,411,000. Robeco Schweiz AG raised its holdings in shares of Madison Air Solutions by 151.6% during the 3rd quarter. Robeco Schweiz AG now owns 1,537,926 shares of the company’s stock valued at $37,833,000 after purchasing an additional 926,619 shares in the last quarter. Finally, BlueCrest Capital Management Ltd bought a new position in shares of Madison Air Solutions during the 2nd quarter valued at $23,790,000.

Madison Air Solutions Company Profile

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.