GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Atlas Air Worldwide Holdings Inc (NAS:AAWW) » Definitions » Preferred Stock

Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Preferred Stock : $0 Mil (As of Dec. 2022)


View and export this data going back to 2005. Start your Free Trial

What is Atlas Air Worldwide Holdings Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Atlas Air Worldwide Holdings's preferred stock for the quarter that ended in Dec. 2022 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Atlas Air Worldwide Holdings's Enterprise Value for the quarter that ended in Dec. 2022 was $4,523 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Atlas Air Worldwide Holdings's Book Value per Share for the quarter that ended in Dec. 2022 was $107.38.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Atlas Air Worldwide Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2022 was $3.67.


Atlas Air Worldwide Holdings Preferred Stock Historical Data

The historical data trend for Atlas Air Worldwide Holdings's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Air Worldwide Holdings Preferred Stock Chart

Atlas Air Worldwide Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Atlas Air Worldwide Holdings Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Atlas Air Worldwide Holdings Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Atlas Air Worldwide Holdings  (NAS:AAWW) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Atlas Air Worldwide Holdings's Enterprise Value for the quarter that ended in Dec. 2022 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Atlas Air Worldwide Holdings's Book Value per Share for the quarter that ended in Dec. 2022 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Atlas Air Worldwide Holdings's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlas Air Worldwide Holdings Preferred Stock Related Terms

Thank you for viewing the detailed overview of Atlas Air Worldwide Holdings's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Westchester Avenue, Purchase, NY, USA, 10577-2543
Atlas Air Worldwide Holdings Inc is a provider of outsourced aircraft and aviation operating services and the outsourced airfreight provider in the world. Company operates a fleet of 747 freighters and provides customers with a broad array of 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. The company has operations in Africa, Asia, Australia, Europe, the Middle East, North America and South America. The company's business is organized into two operating segments based on service offerings: 1) Airline Operations include providing cargo aircraft outsourcing services to customers on an ACMI, CMI and Charter basis. 2) Dry Leasing business provides aircraft and engines to customers, including CMI customers, for a fixed monthly amount.
Executives
John W Dietrich officer: SVP/Gen Cnsl/Secretary, other: Chf. HR Off
Walter G Borst director 2701 NAVISTAR DRIVE, LISLE IL 60532
Raymond L. Conner director ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Adam Richard Kokas officer: Sr. V.P., Gen. Counsel & Secy. C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Michael Steen officer: SVP & Chief Marketing Officer 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Keith H. Mayer officer: Vice President & Controller ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Duncan J. Mcnabb director C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
James Anthony Forbes officer: EVP & COO C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Carol J Zierhoffer director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Beverly K. Goulet, director 10990 ROE AVENUE, OVERLAND PARK KS 66211
William J Flynn director, officer: Pres. & CEO C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Spencer Schwartz officer: Vice President & Controller C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577

Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Headlines