Forbes named Air Transport Services Group one of the 100 Best Small-Cap Companies of 2021. Forbes published the list on Dec. 4, with ATSG ranking No. 71.

“We are honored to be recognized as one of the best small-cap companies in America,” Rich Corrado, president and CEO of ATSG, said. “It is a testament to the success of our business model as well as our continued focus on providing excellent service to our customers.”

To create the list, Forbes looked for companies with a market value between $300 million and $2 billion, positive sales growth over the past 12 months and a share price of at least $5. Forbes ranked companies on earnings growth and sales growth data for the latest 12 months and over five years as well as one-year and five-year return on equity and 52-week total return, giving more weight to the latest 12-month and one-year data in the ranking. All data was as of Nov. 25.

In addition to its performance during Forbes’ study period, ATSG said that it has outperformed stock market indices on a one, five and 10-year basis through calendar year 2020.

ATSG is a provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements.