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Mar 24, 2026·SEC
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Jan 6, 2026·SEC
AAR Corp.(AIR)Earnings, Financials & Key Ratios
AIR•NYSE
385.4× P/E·Price updated Jun 19, 2026
AboutAAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts, and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based supply chain logistics programs in support of the U.S. department of defense and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; and repairs and overhauls components, landing gears, wheels, and brakes. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. and foreign governments, and non-governmental organizations. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters; and provides engineering, design, and system integration services for command and control systems. The company serves domestic and foreign passenger airlines; domestic and foreign cargo airlines; regional and commuter airlines; business and general aviation operators; original equipment manufacturers; aircraft leasing companies; aftermarket aviation support companies; and domestic and foreign military customers. It primarily markets and sells products and services through its employees and foreign sales representatives. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.Show more
- Revenue$2.78B+19.9%
- EBITDA$240M+41.1%
- Net Income$13M-73.0%
- EPS (Diluted)0.35-72.9%
- Gross Margin18.98%-0.5%
- EBITDA Margin8.65%+17.7%
- Operating Margin6.66%+19.5%
- Net Margin0.45%-77.5%
- ROE1.04%-74.3%
AIR Key Insights
AAR Corp. (AIR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading near 52-week high
✗Weaknesses
- ✗Weak 3Y average ROE of 4.5%
- ✗Profits declining 12.8% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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AIR Price & Volume
AAR Corp. (AIR) stock price & volume — 10-year historical chart
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AIR Growth Metrics
AAR Corp. (AIR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.72%
5 Years6.06%
3 Years15.17%
TTM16.85%
Profit CAGR
10 Years2.05%
5 Years-12.8%
3 Years-45.84%
TTM1479.03%
EPS CAGR
10 Years3.85%
5 Years-13.19%
3 Years-45.48%
TTM45600%
Return on Capital
10 Years7.11%
5 Years7.89%
3 Years8.26%
Last Year8.06%
AIR Recent Earnings
AAR Corp. (AIR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Mar 24, 2026Metric
Actual
Est
EPS
$1.25+3.3%
$1.21
Rev
$845M+4.0%
$813M
Q1 2026
Jan 6, 2026Metric
Actual
Est
EPS
$1.18+15.7%
$1.02
Rev
$795M+4.1%
$764M
Q4 2025
Sep 23, 2025Metric
Actual
Est
EPS
$1.08+9.8%
$0.98
Rev
$740M+7.3%
$689M
Q3 2025
Jul 16, 2025Metric
Actual
Est
EPS
$1.16+16.0%
$1.00
Rev
$755M+8.4%
$696M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 24, 2026 | $1.25vs $1.21+3.3% | $845Mvs $813M+4.0% |
| Q1 2026 | Jan 6, 2026 | $1.18vs $1.02+15.7% | $795Mvs $764M+4.1% |
| Q4 2025 | Sep 23, 2025 | $1.08vs $0.98+9.8% | $740Mvs $689M+7.3% |
| Q3 2025 | Jul 16, 2025 | $1.16vs $1.00+16.0% | $755Mvs $696M+8.4% |
Based on last 12 quarters of dataView full earnings history →
AIR Peer Comparison
AAR Corp. (AIR) competitors in Aviation Aftermarket and MRO — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HEI | 46.96B | 337.10 | 68.80 | 16.26% | 16.08% | 16.23% | 0.50 | |
 KAI | 3.6B | 304.49 | 35.20 | -0.11% | 9.69% | 10.8% | 0.38 | |
 HAYW | 3.25B | 15.00 | 22.06 | 6.71% | 13.98% | 10.32% | 0.01 | |
 DRS | 12.29B | 46.08 | 44.74 | 12.8% | 7.85% | 10.79% | 0.17 | |
 TDG | 75.01B | 1328.31 | 41.41 | 11.22% | 21.59% | |||
 FTAI | 28.32B | 276.11 | 60.02 | 43.24% | 18.92% | 181.39% | 10.32 | |
 AVAV | 8.47B | 169.61 | 109.43 | 14.5% | -13.93% | -6.41% | 0.07 | |
 KTOS | 10.17B | 54.21 | 417 | 18.52% | 2.08% | 1.26% | 0.09 |
Compare AIR vs Peers
AAR Corp. (AIR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AIR Income Statement
AAR Corp. (AIR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.77B | 1.75B | 2.05B | 2.07B | 1.65B | 1.82B | 1.99B | 2.32B | 2.78B | 3.13B |
Revenue Growth % | 6.32% | -1.09% | 17.36% | 0.98% | -20.26% | 10.15% | 9.37% | 16.5% | 19.91% | 16.85% |
Cost of Goods Sold | 1.49B | 1.45B | 1.72B | 1.8B | 1.38B | 1.51B | 1.62B | 1.88B | 2.25B | 2.54B |
COGS % of Revenue | 84.36% | 83.15% | 83.94% | 87.01% | 83.3% | 82.79% | 81.41% | 80.93% | 81.02% | - |
Gross Profit | 276.5M▲ 0% | 294.6M▲ 6.5% | 329.5M▲ 11.8% | 269.2M▼ 18.3% | 275.9M▲ 2.5% | 313.2M▲ 13.5% | 370.1M▲ 18.2% | 442.3M▲ 19.5% | 527.7M▲ 19.3% | 595.5M▲ 0% |
Gross Margin % | 15.64% | 16.85% | 16.06% | 12.99% | 16.7% | 17.21% | 18.59% | 19.07% | 18.98% | 19% |
Gross Profit Growth % | 16.72% | 6.55% | 11.85% | -18.3% | 2.49% | 13.52% | 18.17% | 19.51% | 19.31% | - |
Operating Expenses | 196.7M | 208.6M | 231.2M | 227.9M | 190.9M | 206.3M | 236.2M | 313.1M | 342.5M | 326.9M |
OpEx % of Revenue | 11.13% | 11.93% | 11.27% | 11% | 11.55% | 11.34% | 11.87% | 13.5% | 12.32% | - |
Selling, General & Admin | 196.7M | 208.6M | 215.4M | 220.6M | 182.4M | 202.2M | 230.4M | 280.2M | 347.7M | 327.1M |
SG&A % of Revenue | 11.13% | 11.93% | 10.5% | 10.65% | 11.04% | 11.11% | 11.58% | 12.08% | 12.5% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 0 | -900K | 15.8M | 7.3M | 8.5M | 4.1M | 5.8M | 32.9M | -5.2M | -200K |
Operating Income | 79.6M▲ 0% | 86M▲ 8.0% | 98.3M▲ 14.3% | 41.3M▼ 58.0% | 85.2M▲ 106.3% | 106.9M▲ 25.5% | 133.9M▲ 25.3% | 129.2M▼ 3.5% | 185.2M▲ 43.3% | 270.7M▲ 0% |
Operating Margin % | 4.5% | 4.92% | 4.79% | 1.99% | 5.16% | 5.87% | 6.73% | 5.57% | 6.66% | 8.64% |
Operating Income Growth % | 20.97% | 8.04% | 14.3% | -57.99% | 106.3% | 25.47% | 25.26% | -3.51% | 43.34% | - |
EBITDA | 115.3M | 126.5M | 141.1M | 85M | 121.5M | 140M | 161.8M | 170.4M | 240.4M | 285M |
EBITDA Margin % | 6.52% | 7.24% | 6.88% | 4.1% | 7.35% | 7.69% | 8.13% | 7.35% | 8.65% | 9.09% |
EBITDA Growth % | -1.37% | 9.71% | 11.54% | -39.76% | 42.94% | 15.23% | 15.57% | 5.32% | 41.08% | 41.37% |
D&A (Non-Cash Add-back) | 35.7M | 40.5M | 42.8M | 43.7M | 36.3M | 33.1M | 27.9M | 41.2M | 55.2M | 14.3M |
EBIT | 82.3M | 85.5M | 99.6M | 43.7M | 36.8M | 111.1M | 133.4M | 101.5M | 114.3M | 199.4M |
Net Interest Income | -5.2M | -7.9M | -8.5M | -8.8M | -4.8M | -2.3M | -11.2M | -41M | -73.6M | -55.5M |
Interest Income | 100K | 100K | 1M | 500K | 200K | 100K | 1M | 2.2M | 1.8M | 400K |
Interest Expense | 5.3M | 8M | 9.5M | 9.3M | 5M | 2.4M | 12.2M | 43.2M | 75.4M | -35.4M |
Other Income/Expense | -5.2M | -8.8M | -9.3M | -10.9M | -20.7M | -1.8M | -12.7M | -70.9M | -146.3M | -34.9M |
Pretax Income | 74.3M▲ 0% | 77.2M▲ 3.9% | 89M▲ 15.3% | 30.4M▼ 65.8% | 64.5M▲ 112.2% | 105.1M▲ 62.9% | 121.2M▲ 15.3% | 58.3M▼ 51.9% | 38.9M▼ 33.3% | 235.8M▲ 0% |
Pretax Margin % | 4.2% | 4.42% | 4.34% | 1.47% | 3.9% | 5.77% | 6.09% | 2.51% | 1.4% | 7.52% |
Income Tax | 24.1M | 3.5M | 4.9M | 5.6M | 18.2M | 26.6M | 31.4M | 12M | 26.4M | 64.8M |
Effective Tax Rate % | 32.44% | 4.53% | 5.51% | 18.42% | 28.22% | 25.31% | 25.91% | 20.58% | 67.87% | 27.48% |
Net Income | 56.5M▲ 0% | 15.6M▼ 72.4% | 7.5M▼ 51.9% | 24.8M▲ 230.7% | 35.8M▲ 44.4% | 78.7M▲ 119.8% | 90.2M▲ 14.6% | 46.3M▼ 48.7% | 12.5M▼ 73.0% | 171M▲ 0% |
Net Margin % | 3.2% | 0.89% | 0.37% | 1.2% | 2.17% | 4.32% | 4.53% | 2% | 0.45% | 5.46% |
Net Income Growth % | 18.45% | -72.39% | -51.92% | 230.67% | 44.35% | 119.83% | 14.61% | -48.67% | -73% | 1479.03% |
Net Income (Continuing) | 52M | 73.7M | 84.1M | 24.8M | 46.3M | 78.5M | 89.8M | 46.3M | 12.5M | 34M |
Discontinued Operations | 4.5M | 0 | 0 | 0 | -10.5M | 200K | 400K | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.64▲ 0% | 0.45▼ 72.6% | 0.21▼ 53.3% | 0.71▲ 238.1% | 1.00▲ 40.8% | 2.16▲ 116.0% | 2.53▲ 17.1% | 1.29▼ 49.0% | 0.35▼ 72.9% | 4.50▲ 0% |
EPS Growth % | 19.71% | -72.56% | -53.33% | 238.1% | 40.85% | 116% | 17.13% | -49.01% | -72.87% | 45600% |
EPS (Basic) | 1.66 | 0.46 | 0.22 | 0.71 | 1.01 | 2.19 | 2.56 | 1.30 | 0.35 | - |
Diluted Shares Outstanding | 34.3M | 34.6M | 34.9M | 35M | 35.3M | 36M | 35.1M | 35.4M | 35.8M | 38M |
Basic Shares Outstanding | 33.9M | 34.2M | 34.5M | 34.8M | 35M | 35.6M | 34.7M | 35.1M | 35.6M | 37.8M |
Dividend Payout Ratio | 18.05% | 66.03% | 140% | 43.15% | 0.28% | - | - | - | - | - |
AIR Balance Sheet
AAR Corp. (AIR) balance sheet — assets, liabilities & shareholders' equity
| Metric | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 888.4M | 942.7M | 952.5M | 1.44B | 937M | 1.01B | 1.1B | 1.39B | 1.51B | 1.76B |
Cash & Short-Term Investments | 10.3M | 31.1M | 21.3M | 404.7M | 51.8M | 53.5M | 68.4M | 85.8M | 96.5M | 78.5M |
Cash Only | 10.3M | 31.1M | 21.3M | 404.7M | 51.8M | 53.5M | 68.4M | 85.8M | 96.5M | 78.5M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 234.5M | 202M | 257M | 221.2M | 238.6M | 287.6M | 328.2M | 410.4M | 495.1M | 426.2M |
Days Sales Outstanding | 48.42 | 42.17 | 45.72 | 38.97 | 52.71 | 57.68 | 60.18 | 64.6 | 64.99 | 57.82 |
Inventory | 433.4M | 460.7M | 523.7M | 623.1M | 540.6M | 550.5M | 574.1M | 733.1M | 809.2M | 958.2M |
Days Inventory Outstanding | 106.09 | 115.67 | 110.99 | 126.15 | 143.36 | 133.35 | 129.32 | 142.59 | 131.11 | 127.21 |
Other Current Assets | 184.5M | 248.9M | 150.5M | 112.5M | 78.3M | 75.2M | 77.5M | 160.3M | 109.8M | 300.8M |
Total Non-Current Assets | 615.7M | 582M | 564.7M | 640.3M | 602.7M | 566.7M | 735.2M | 1.38B | 1.33B | 1.57B |
Property, Plant & Equipment | 117.2M | 133.2M | 132.8M | 225.4M | 195.8M | 182.6M | 189.8M | 268.3M | 251.8M | 356M |
Fixed Asset Turnover | 15.08x | 13.13x | 15.45x | 9.19x | 8.44x | 9.97x | 10.49x | 8.64x | 11.04x | 8.99x |
Goodwill | 105.6M | 118.7M | 116.2M | 115.7M | 119.3M | 116.4M | 175.8M | 554.8M | 530.8M | 0 |
Intangible Assets | 30.6M | 27.8M | 22.2M | 6M | 4.5M | 3.3M | 63.7M | 235.4M | 219.6M | 0 |
Long-Term Investments | 15M | 7.6M | 12.3M | 17.8M | 18.3M | 24.5M | 28M | 50.2M | 46.8M | 187.2M |
Other Non-Current Assets | 347.3M | 294.7M | 281.2M | 275.4M | 264.8M | 239.9M | 277.9M | 271.7M | 285M | 371.9M |
Total Assets | 1.5B▲ 0% | 1.52B▲ 1.4% | 1.52B▼ 0.5% | 2.08B▲ 37.0% | 1.54B▼ 25.9% | 1.57B▲ 2.2% | 1.83B▲ 16.5% | 2.77B▲ 51.1% | 2.84B▲ 2.7% | 3.33B▲ 0% |
Asset Turnover | 1.18x | 1.15x | 1.35x | 1.00x | 1.07x | 1.16x | 1.09x | 0.84x | 0.98x | 1.02x |
Asset Growth % | 3.3% | 1.37% | -0.49% | 37.03% | -25.94% | 2.22% | 16.47% | 51.11% | 2.69% | 38.31% |
Total Current Liabilities | 335M | 333.3M | 357.5M | 383.1M | 336.8M | 348.2M | 351.5M | 466.9M | 554.7M | 653M |
Accounts Payable | 164.2M | 170M | 187.8M | 191.6M | 127.2M | 156.4M | 158.5M | 238M | 303.1M | 324M |
Days Payables Outstanding | 40.19 | 42.68 | 39.8 | 38.79 | 33.73 | 37.89 | 35.7 | 46.29 | 49.11 | 46.09 |
Short-Term Debt | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 30.8M | 25M | 29.2M | 29.9M | 35.4M | 17.2M | 13.4M | 9.6M | 5.8M | 653M |
Current Ratio | 2.65x | 2.83x | 2.66x | 3.76x | 2.78x | 2.89x | 3.12x | 2.98x | 2.72x | 2.70x |
Quick Ratio | 1.36x | 1.45x | 1.20x | 2.13x | 1.18x | 1.31x | 1.49x | 1.41x | 1.26x | 1.23x |
Cash Conversion Cycle | 114.32 | 115.16 | 116.9 | 126.33 | 162.34 | 153.14 | 153.8 | 160.9 | 146.99 | 138.94 |
Total Non-Current Liabilities | 254.9M | 255.1M | 253.8M | 793.3M | 228.5M | 191.2M | 382.5M | 1.11B | 1.08B | 1.04B |
Long-Term Debt | 154.1M | 177.2M | 141.7M | 600M | 133.7M | 98.9M | 269.7M | 985.4M | 968M | 979.7M |
Capital Lease Obligations | 0 | 0 | 0 | 70.9M | 59.9M | 57.4M | 48.2M | 80.3M | 79.6M | 249.1M |
Deferred Tax Liabilities | 37.2M | 15.7M | 0 | 0 | 9.5M | 20M | 33.6M | 23.9M | 18.4M | 61.1M |
Other Non-Current Liabilities | 0 | 26.4M | 28.3M | 34.4M | 20M | 14.9M | 31M | 16.5M | 5.9M | 56.4M |
Total Liabilities | 589.9M | 588.4M | 611.3M | 1.18B | 565.3M | 539.4M | 734M | 1.58B | 1.63B | 1.69B |
Total Debt | 154.2M | 177.2M | 141.7M | 670.9M | 193.6M | 156.3M | 317.9M | 1.07B | 1.05B | 979.7M |
Net Debt | 143.9M | 146.1M | 120.4M | 266.2M | 141.8M | 102.8M | 249.5M | 979.9M | 951.1M | 901.2M |
Debt / Equity | 0.17x | 0.19x | 0.16x | 0.74x | 0.20x | 0.15x | 0.29x | 0.90x | 0.86x | 0.60x |
Debt / EBITDA | 1.34x | 1.40x | 1.00x | 7.89x | 1.59x | 1.12x | 1.96x | 6.25x | 4.36x | 3.44x |
Net Debt / EBITDA | 1.25x | 1.15x | 0.85x | 3.13x | 1.17x | 0.73x | 1.54x | 5.75x | 3.96x | 3.16x |
Interest Coverage | 15.02x | 10.75x | 10.35x | 4.44x | 17.04x | 44.54x | 10.98x | 2.99x | 2.46x | -5.63x |
Total Equity | 914.2M▲ 0% | 936.3M▲ 2.4% | 905.9M▼ 3.2% | 902.6M▼ 0.4% | 974.4M▲ 8.0% | 1.03B▲ 6.2% | 1.1B▲ 6.2% | 1.19B▲ 8.3% | 1.21B▲ 1.8% | 1.64B▲ 0% |
Equity Growth % | 5.59% | 2.42% | -3.25% | -0.36% | 7.95% | 6.17% | 6.24% | 8.25% | 1.83% | 76.15% |
Book Value per Share | 26.65 | 27.06 | 25.96 | 25.79 | 27.60 | 28.74 | 31.31 | 33.61 | 33.84 | 43.25 |
Total Shareholders' Equity | 914.2M | 936.3M | 905.9M | 902.6M | 974.4M | 1.03B | 1.1B | 1.19B | 1.21B | 1.64B |
Common Stock | 45.2M | 45.3M | 45.3M | 45.3M | 45.3M | 45.3M | 45.3M | 45.3M | 45.3M | 0 |
Retained Earnings | 727.9M | 733.2M | 709.8M | 706M | 741.7M | 820.4M | 910.6M | 956.9M | 969.4M | 0 |
Treasury Stock | -279.8M | -280.7M | -287.7M | -282.7M | -274.1M | -289.1M | -317.8M | -297.5M | -302.7M | 0 |
Accumulated OCI | -39.9M | -32M | -40.9M | -44.6M | -18.3M | -19.6M | -23.5M | -8.8M | -5.6M | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AIR Cash Flow Statement
AAR Corp. (AIR) cash flow — operating, investing & free cash flow history
| Metric | May'17 | May'18 | May'19 | May'20 | May'21 | May'22 | May'23 | May'24 | May'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 21.8M | 64.3M | 67.4M | -36.1M | 105.2M | 75.2M | 23.3M | 43.6M | 36.1M | 94.8M |
Operating CF Margin % | 1.23% | 3.68% | 3.28% | -1.74% | 6.37% | 4.13% | 1.17% | 1.88% | 1.3% | - |
Operating CF Growth % | -32.09% | 194.95% | 4.82% | -153.56% | 391.41% | -28.52% | -69.02% | 87.12% | -17.2% | 429.68% |
Net Income | 50.2M | 73.7M | 84.1M | 24.8M | 46.3M | 78.5M | 89.8M | 46.3M | 12.5M | 171M |
Depreciation & Amortization | 71M | 40.5M | 42.8M | 43.7M | 36.3M | 33.1M | 27.9M | 41.2M | 55.2M | 67.1M |
Stock-Based Compensation | 11M | 15.3M | 13.5M | 7.3M | 9.2M | 8.2M | 13.5M | 15.3M | 19.9M | 17.6M |
Deferred Taxes | 600K | -12.9M | -5M | 500K | 8.4M | 8.7M | -2.2M | -20.5M | -5.5M | 0 |
Other Non-Cash Items | -5M | 8.5M | 27.7M | 27.3M | 28.3M | -16.1M | 5.3M | 27.4M | 66.3M | -16.5M |
Working Capital Changes | -106M | -60.8M | -95.7M | -139.7M | -23.3M | -37.2M | -111M | -66.1M | -112.3M | -144.4M |
Change in Receivables | -4M | 35.9M | -34.4M | 14.8M | -4.5M | -49M | -18.1M | -22.4M | -109.4M | -60.8M |
Change in Inventory | -18.8M | -25.8M | -80.9M | -94.5M | 74.9M | -10.4M | -23.6M | -90.4M | -109.3M | -98.2M |
Change in Payables | 14.1M | 1.8M | 17.5M | 4.1M | -62.6M | 29.4M | -48M | 59.4M | 70.5M | 43.9M |
Cash from Investing | -30.1M | -42.9M | -19M | -24.8M | -500K | -16.5M | -138M | -758.5M | 10.7M | -224.2M |
Capital Expenditures | -33.6M | -22M | -17.4M | -23.6M | -11.3M | -17.3M | -29.5M | -29.7M | 0 | 0 |
CapEx % of Revenue | 1.9% | 1.26% | 0.85% | 1.14% | 0.68% | 0.95% | 1.48% | 1.28% | 1.25% | 0% |
Acquisitions | -12.5M | -22.9M | -2.3M | 1.6M | 800K | -6.5M | -103.3M | -722.9M | 0 | -226.4M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 16M | 2M | 700K | -2.8M | 10M | 7.3M | -5.2M | -5.9M | 10.7M | 2.2M |
Cash from Financing | -12.1M | 10M | -48.7M | 444.5M | -469.5M | -59.8M | 137.7M | 729.2M | -33.7M | 128.6M |
Debt Issued (Net) | 11M | 23.8M | -35M | 459.5M | -470M | -34.2M | 172M | 725M | -20M | -49M |
Equity Issued (Net) | -19.8M | -13.1M | -10.3M | -4.1M | 600K | -42.4M | -50.1M | -5.1M | -10.1M | 263.8M |
Dividends Paid | -10.2M | -10.3M | -10.5M | -10.7M | -100K | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -19.8M | -13.1M | -10.3M | -4.1M | 0 | -42.4M | -50.1M | -5.1M | -10.1M | -10.1M |
Other Financing | 6.9M | 9.6M | 7.1M | -200K | 0 | 16.8M | 15.8M | 9.3M | -3.6M | -86.2M |
Net Change in Cash | -20.9M▲ 0% | 31.3M▲ 249.8% | -500K▼ 101.6% | 383.6M▲ 76820.0% | -364.5M▼ 195.0% | -1.3M▲ 99.6% | 22.9M▲ 1861.5% | 14.3M▼ 37.6% | 13.1M▼ 8.4% | -800K▲ 0% |
Free Cash Flow | -11.8M▲ 0% | 42.3M▲ 458.5% | 50M▲ 18.2% | -59.7M▼ 219.4% | 93.9M▲ 257.3% | 57.9M▼ 38.3% | -6.2M▼ 110.7% | 13.9M▲ 324.2% | 1.4M▼ 89.9% | 68.7M▲ 0% |
FCF Margin % | -0.67% | 2.42% | 2.44% | -2.88% | 5.68% | 3.18% | -0.31% | 0.6% | 0.05% | 2.19% |
FCF Growth % | 79.04% | 458.47% | 18.2% | -219.4% | 257.29% | -38.34% | -110.71% | 324.19% | -89.93% | 1110.29% |
FCF per Share | -0.34 | 1.22 | 1.43 | -1.71 | 2.66 | 1.61 | -0.18 | 0.39 | 0.04 | 1.81 |
FCF Conversion (FCF/Net Income) | 0.39x | 4.12x | 8.99x | -1.46x | 2.94x | 0.96x | 0.26x | 0.94x | 2.89x | 0.40x |
Interest Paid | 4.4M | 7.2M | 8.8M | 0 | 0 | 2.1M | 11.1M | 31.9M | 74.4M | 35.4M |
Taxes Paid | 12.7M | 17M | 7M | 0 | 0 | 23.9M | 35.7M | 42.4M | 24.2M | -16.3M |
AIR Key Ratios
AAR Corp. (AIR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 6.35% | 1.69% | 0.81% | 2.74% | 3.81% | 7.84% | 8.46% | 4.05% | 1.04% | 12.07% |
Return on Invested Capital (ROIC) | 5.85% | 6.03% | 6.99% | 2.82% | 5.59% | 7.12% | 8.08% | 5.51% | 6.41% | 8.54% |
Gross Margin | 15.64% | 16.85% | 16.06% | 12.99% | 16.7% | 17.21% | 18.59% | 19.07% | 18.98% | 19% |
Net Margin | 3.2% | 0.89% | 0.37% | 1.2% | 2.17% | 4.32% | 4.53% | 2% | 0.45% | 5.46% |
Debt / Equity | 0.17x | 0.19x | 0.16x | 0.74x | 0.20x | 0.15x | 0.29x | 0.90x | 0.86x | 0.60x |
Interest Coverage | 15.02x | 10.75x | 10.35x | 4.44x | 17.04x | 44.54x | 10.98x | 2.99x | 2.46x | -5.63x |
FCF Conversion | 0.39x | 4.12x | 8.99x | -1.46x | 2.94x | 0.96x | 0.26x | 0.94x | 2.89x | 0.40x |
Revenue Growth | 6.32% | -1.09% | 17.36% | 0.98% | -20.26% | 10.15% | 9.37% | 16.5% | 19.91% | 16.85% |
Related:AIR Dividend History·AIR Revenue History·AIR Price History·AIR P/E History·AIR Financial Ratios·AIR Institutional Holders
AIR SEC Filings & Documents
AAR Corp. (AIR) SEC filings — annual & quarterly reports (10-K, 10-Q)
AIR Frequently Asked Questions
AAR Corp. (AIR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
AAR Corp. (AIR) reported $3.13B in revenue for fiscal year 2025. This represents a 521% increase from $505.0M in 1996.
AAR Corp. (AIR) grew revenue by 19.9% over the past year. This is strong growth.
Yes, AAR Corp. (AIR) is profitable, generating $171.0M in net income for fiscal year 2025 (0.4% net margin).
Dividend & Returns
AAR Corp. (AIR) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.
AAR Corp. (AIR) generated $68.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.