AAR Corp. (AIR) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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AIR EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AIR Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 19.0% | 6.7% | 0.4% |
| 2024 | 19.1% | 5.6% | 2.0% |
| 2023 | 18.6% | 6.7% | 4.5% |
| 2022 | 17.2% | 5.9% | 4.3% |
| 2021 | 16.7% | 5.2% | 2.2% |
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AAR Corp. (AIR) Earnings Overview
As of May 8, 2026, AAR Corp. (AIR) reported trailing twelve-month net income of $171M, reflecting -72.9% year-over-year growth. The company earned $4.50 per diluted share over the past four quarters, with a net profit margin of 0.4%.
Looking at the long-term picture, AIR's 5-year EPS compound annual growth rate (CAGR) stands at -13.2%, signaling declining earnings. The company achieved its highest annual net income of $90M in fiscal 2023.
AAR Corp. maintains positive profitability with a gross margin of 19.0%, operating margin of 6.7%, and net margin of 0.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including HEI ($713M net income, 15.4% margin), KAI ($102M net income, 9.7% margin), HAYW ($161M net income, 13.5% margin), AIR has room to improve margins relative to the peer group. Compare AIR vs HEI →
AIR Earnings vs Peers
Earnings metrics vs comparable public companies
AIR Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $13M | -73.0% | $185M | $0.35 | 0.4% | 6.7% |
| 2024 | $46M | -48.7% | $129M | $1.29 | 2.0% | 5.6% |
| 2023 | $90M | +14.6% | $134M | $2.53 | 4.5% | 6.7% |
| 2022 | $79M | +119.8% | $107M | $2.16 | 4.3% | 5.9% |
| 2021 | $36M | +44.4% | $85M | $1.00 | 2.2% | 5.2% |
| 2020 | $25M | +230.7% | $41M | $0.71 | 1.2% | 2.0% |
| 2019 | $8M | -51.9% | $98M | $0.21 | 0.4% | 4.8% |
| 2018 | $16M | -72.4% | $86M | $0.45 | 0.9% | 4.9% |
| 2017 | $57M | +18.4% | $80M | $1.64 | 3.2% | 4.5% |
| 2016 | $48M | +367.6% | $66M | $1.37 | 2.9% | 4.0% |
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Start ComparisonAIR — Frequently Asked Questions
Quick answers to the most common questions about buying AIR stock.
Is AIR growing earnings?
AIR EPS fell to $4.50, with earnings declining -72.9%. This contrasts with the 5-year CAGR of -13.2%. TTM net income dropped to $171M.
What are AIR's profit margins?
AAR Corp. net margin is +0.4%, with operating margin at +6.7%. Below-average margins reflect competitive or cost pressures.
How consistent are AIR's earnings?
AIR earnings data spans 1989-2025. The declining earnings trend is -72.9% YoY. Historical data enables comparison across business cycles.