The present work deals with the theoretical prediction of static & dynamic characteristic of annular type externally pressurized thrust air bearings with metal-sintered porous media. For the evaluation of surface loading effect by machining, it is assumed that the flow at the porous surface is dominant and which is equivalent to the flow through orifice. Finite different method with over-relaxation method is used to solve the numerical problems. The influences of radius ratio, supply pressure and squeeze number on performances are investigated, as the results. The results of this study can be used to predict the optimal running condition and stable realm of porous bearings.