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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
03/21/2023 |
$20.27 |
$23.50 |
$20.27 |
$23.00 |
3.00K | 03/22/2023 |
$22.49 |
$23.71 |
$22.00 |
$22.85 |
1.40K | 03/23/2023 |
$22.70 |
$23.63 |
$21.71 |
$22.50 |
2.10K | 03/24/2023 |
$23.20 |
$23.20 |
$22.45 |
$22.45 |
600 | 03/27/2023 |
$22.50 |
$23.88 |
$22.50 |
$23.21 |
1.70K |
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Air T is a holding company. Through its subsidiaries, Co. operates in four industry segments: overnight air cargo, which operates in the air express delivery services industry; ground equipment sales, which manufactures and provides mobile deicers and other equipment products to passenger and cargo airlines, airports, the military and industrial customers; and commercial jet engines and parts, which manages and leases aviation assets, supplies surplus and aftermarket commercial jet engines and jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, procurement services and overhaul and repair services to airlines. | |
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Air T (AIRT) has the following price history information. Looking back at AIRT historical stock prices for the last five trading days, on March 21, 2023, AIRT opened at $20.27, traded as high as $23.50 and as low as $20.27, and closed at $23.00. Trading volume was a total of 3.00K shares. On March 22, 2023, AIRT opened at $22.49, traded as high as $23.71 and as low as $22.00, and closed at $22.85. Trading volume was a total of 1.40K shares. On March 23, 2023, AIRT opened at $22.70, traded as high as $23.63 and as low as $21.71, and closed at $22.50. Trading volume was a total of 2.10K shares. On March 24, 2023, AIRT opened at $23.20, traded as high as $23.20 and as low as $22.45, and closed at $22.45. Trading volume was a total of 600 shares. On March 27, 2023, AIRT opened at $22.50, traded as high as $23.88 and as low as $22.50, and closed at $23.21. Trading volume was a total of 1.70K shares.
AIRT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Air T shares, starting with a $10,000 purchase of AIRT, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/01/2013 |
|
End date: |
03/27/2023 |
|
Start price/share: |
$6.15 |
|
End price/share: |
$23.21 |
|
Starting shares: |
1,626.02 |
|
Ending shares: |
1,676.05 |
|
Dividends reinvested/share: |
$0.20 |
|
Total return: |
289.01% |
|
Average Annual Total Return: |
14.56% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$38,890.62 |
|
Years: |
9.99 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/01/2013 |
|
End date: |
03/27/2023 |
|
Start price/share: |
$6.15 |
|
End price/share: |
$23.21 |
|
Dividends collected/share: |
$0.20 |
|
Total return: |
280.65% |
|
Average Annual Total Return: |
14.31% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$38,050.89 |
|
Years: |
9.99 |
|
|
 |
Date |
Close |
03/21/2023 | $23.00 | 03/22/2023 | $22.85 | 03/23/2023 | $22.50 | 03/24/2023 | $22.45 | 03/27/2023 | $23.21 |
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