Madison Air Solutions (NYSE:MAIR) Announces Quarterly Earnings Results

Madison Air Solutions (NYSE:MAIR) issued its quarterly earnings data on Thursday. The company reported $0.38 earnings per share (EPS) 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 Price Performance

MAIR traded up $1.62 on Friday, reaching $23.04. The company had a trading volume of 3,360,347 shares, compared to its average volume of 1,954,812. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.21 and a current ratio of 1.82. The business has a 50 day simple moving average of $24.25 and a 200 day simple moving average of $31.78. Madison Air Solutions has a 52-week low of $20.85 and a 52-week high of $44.50. The company has a market cap of $11.56 billion and a price-to-earnings ratio of 0.00.

Madison Air Solutions News Roundup

Here are the key news stories impacting Madison Air Solutions this week:

• Positive Sentiment: Q3 results beat expectations: Adjusted earnings were $0.38 per share, above the $0.30 consensus, while sales rose 25.4% year over year to $1.13 billion. Net income increased 89.1%, and adjusted net income more than doubled. Madison Air Reports Third Quarter 2026 Results
• Positive Sentiment: Demand and visibility strengthened: Backlog grew 119.3% year over year to $3.19 billion, and orders increased 25.9%, supporting expectations for continued business growth. Madison Air Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year sales outlook is above consensus: Madison Air expects 2026 revenue of $4.05 billion to $4.13 billion, compared with analyst estimates around $4.0 billion. Madison Air 2026 Sales Outlook
• Neutral Sentiment: RBC cut its price target but retained an “outperform” rating: Royal Bank of Canada lowered its target from $35 to $29, while still indicating potential upside from the current price. The reduction tempers the otherwise favorable analyst view. Royal Bank of Canada Ratings

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Royal Bank Of Canada dropped their price target on Madison Air Solutions from $35.00 to $29.00 and set an “outperform” rating for the company in a report on Friday. Zacks Research lowered Madison Air Solutions from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Stifel Nicolaus set a $35.00 price target on Madison Air Solutions in a report on Monday, October 19th. Weiss Ratings cut Madison Air Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, September 28th. Finally, Wells Fargo & Company decreased their price target on Madison Air Solutions from $46.00 to $33.00 and set an “overweight” rating for the company in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $41.20.

Insider Activity at Madison Air Solutions

In other Madison Air Solutions news, Director Hudson La Force, III bought 20,000 shares of Madison Air Solutions stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average price of $27.84 per share, with a total value of $556,800.00. Following the acquisition, the director owned 36,713 shares in the company, valued at approximately $1,022,089.92. This trade represents a 119.67% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Hedge Funds Weigh In On Madison Air Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Simplex Trading LLC boosted its holdings in Madison Air Solutions by 20.6% in the third quarter. Simplex Trading LLC now owns 2,815 shares of the company’s stock valued at $69,000 after acquiring an additional 481 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of Madison Air Solutions during the second quarter valued at approximately $94,000. Diversified Trust Co bought a new position in Madison Air Solutions during the 3rd quarter valued at about $312,000. Inspire Investing LLC bought a new position in Madison Air Solutions in the third quarter valued at about $766,000. Finally, Engineers Gate Manager LP bought a new position in Madison Air Solutions in the 2nd quarter worth $1,503,000.

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.