Last 47 quarters of trend data · Industrials · Aerospace & Defense
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
AAR Corp.'s quarterly P/E stands at 16.9x. EV/EBITDA has expanded 300.2% YoY to 39.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 385.37 | 16.93 | 23.11 | 19.70 | 15.99 | — | — | 32.89 | 70.99 | 42.81 | 25.86 | — | 18.98 |
| — | — | — | -40.1% | -77.5% | — | — | — | +274.0% | +95.2% | +42.2% | — | +5.5% | |
| P/S Ratio | 1.92 | 1.32 | 0.97 | 0.92 | 0.72 | 0.85 | 0.89 | 0.88 | 0.96 | 1.04 | 1.12 | 0.97 | 0.79 |
| — | +55.2% | +8.5% | +3.8% | -24.3% | -18.1% | -20.5% | -9.0% | +21.1% | +14.7% | +30.4% | +14.3% | -12.5% | |
| P/B Ratio | 3.99 | 2.71 | 1.97 | 2.17 | 1.80 | 1.95 | 2.07 | 1.94 | 2.11 | 2.01 | 2.12 | 1.91 | 1.59 |
| — | +39.2% | -4.8% | +12.4% | -14.6% | -3.3% | -2.2% | +1.6% | +32.7% | +14.2% | +35.7% | +30.1% | -4.3% | |
| P/FCF | 3812.53 | 14.90 | 124.14 | — | 13.20 | — | 20.46 | — | 36.96 | 42.58 | 60.55 | — | 11.45 |
| — | — | +506.7% | — | -64.3% | — | -66.2% | — | +222.8% | -30.3% | — | — | -12.2% | |
| EV / EBITDA | 26.16 | 39.48 | 11.89 | 11.87 | 8.98 | 9.87 | 70.12 | 14.55 | 18.23 | 15.72 | 14.52 | 17.98 | 11.36 |
| — | +300.2% | -83.0% | -18.4% | -50.7% | -37.3% | +383.0% | -19.1% | +60.5% | +24.5% | +24.4% | +66.4% | -2.9% | |
| EV / EBIT | 33.96 | — | 15.06 | 14.20 | 11.81 | 111.73 | — | 19.18 | 19.67 | 19.80 | 18.10 | — | 14.12 |
| — | — | — | -26.0% | -39.9% | +464.4% | — | — | +39.3% | +36.8% | +32.0% | — | +5.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
AAR Corp.'s operating margin was 7.7% in Q3 2026, down 0.9 pp QoQ and down 2.8 pp YoY. This marks the 5th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. Gross margin contracted 5.7% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.0% | 18.3% | 19.7% | 18.1% | 19.9% | 19.4% | 18.7% | 17.7% | 19.4% | 19.4% | 19.0% | 18.4% | 19.5% |
| — | -5.7% | +5.3% | +2.1% | +2.7% | -0.1% | -1.1% | -3.9% | -0.8% | +7.4% | +3.8% | +0.4% | +3.6% | |
| Operating Margin | 6.7% | 7.7% | 8.6% | 8.8% | 9.7% | 10.5% | -0.3% | 6.6% | 5.0% | 5.8% | 7.0% | 4.6% | 6.6% |
| — | -26.9% | +2650.8% | +33.8% | +94.8% | +80.2% | -104.8% | +42.5% | -24.3% | -10.8% | +1.8% | -34.2% | -0.5% | |
| Net Margin | 0.4% | 8.0% | 4.4% | 4.7% | 4.5% | -1.3% | -4.5% | 2.7% | 1.4% | 2.5% | 4.4% | -0.1% | 4.2% |
| — | +713.2% | +197.5% | +71.0% | +225.1% | -153.2% | -202.2% | +2591.1% | -66.9% | -41.0% | -8.9% | -102.1% | -16.5% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.0% | 4.2% | 2.5% | 2.8% | 2.8% | -0.8% | -2.6% | 1.5% | 0.8% | 1.2% | 2.1% | -0.1% | 2.1% |
| — | +663.7% | +196.2% | +86.4% | +267.9% | -162.5% | -222.4% | +2877.8% | -64.0% | -41.9% | -3.8% | -102.5% | -8.1% | |
| ROA | 0.4% | 2.1% | 1.1% | 1.2% | 1.2% | -0.3% | -1.1% | 0.6% | 0.4% | 0.7% | 1.2% | -0.0% | 1.3% |
| — | +763.4% | +203.2% | +83.8% | +213.9% | -144.4% | -189.5% | +2145.1% | -71.3% | -46.5% | -12.4% | -102.2% | -13.5% | |
| ROIC | 6.4% | 1.9% | 2.1% | 2.2% | 2.5% | 2.4% | -0.1% | 1.5% | 1.4% | 1.7% | 2.0% | 1.4% | 2.1% |
| — | -21.5% | +2814.4% | +48.1% | +86.1% | +42.2% | -103.9% | +7.7% | -35.4% | -16.3% | -0.5% | -32.4% | +1.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
AAR Corp.'s Debt/EBITDA ratio is 28.9x, up from 12.3x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.86 | 0.60 | 0.67 | 0.88 | 0.86 | 0.92 | 0.90 | 0.88 | 0.90 | 0.30 | 0.30 | 0.32 | 0.29 |
| — | -35.3% | -25.8% | +0.5% | -3.5% | +209.6% | +199.0% | +175.8% | +209.7% | +33.8% | +25.2% | +95.5% | +91.4% | |
| Debt / EBITDA | 4.36 | 28.90 | 12.27 | 13.98 | 12.00 | 13.01 | 86.56 | 18.40 | 22.25 | 8.32 | 7.41 | 10.57 | 7.22 |
| — | +122.2% | -85.8% | -24.0% | -46.1% | +56.4% | +1068.4% | +74.0% | +207.9% | +43.2% | +15.7% | +138.6% | +80.3% | |
| Current Ratio | 2.72 | 2.70 | 2.84 | 2.91 | 2.72 | 2.82 | 2.68 | 3.06 | 2.98 | 2.90 | 3.14 | 3.07 | 3.12 |
| — | -4.1% | +6.0% | -4.8% | -8.5% | -2.8% | -14.6% | -0.4% | -4.7% | -10.0% | -4.1% | +6.1% | +8.0% | |
| Quick Ratio | 1.26 | 1.23 | 1.31 | 1.31 | 1.26 | 1.39 | 1.27 | 1.45 | 1.41 | 1.33 | 1.44 | 1.51 | 1.49 |
| — | -11.4% | +3.4% | -9.9% | -10.1% | +4.7% | -12.1% | -3.5% | -5.6% | -11.3% | +0.4% | +17.4% | +13.6% | |
| Interest Coverage | 2.46 | — | 3.56 | 3.45 | 3.88 | 3.84 | -0.12 | 2.31 | 1.69 | 2.77 | 6.18 | 4.36 | 6.98 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AIR stock.
AAR Corp.'s current P/E is 385.4x. The average P/E over the last 4 quarters is 18.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
AAR Corp.'s current operating margin is 6.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking AAR Corp.'s business trajectory between earnings reports.