Company Overview
AAR Corp. provides products and services to commercial aviation, government, and defense markets in North America, Europe, Africa, Asia, and internationally. It operates through four segments: Parts Supply; Repair, Engineering, and Software; Government Solutions; and Legacy Commercial Programs. The company sells and leases used serviceable material and aftermarket distribution of new, and original equipment manufacturers supplied replacement parts. It also provides airframe maintenance, repair, and overhaul (MRO) services, such as airframe inspection, painting services, line maintenance, airframe modifications, structural repairs, avionics service and installation, exterior and interior refurbishment and engineering services, and support for various commercial and military aircraft; component MRO services, including repair and overhaul services, engine and airframe accessories, and interior refurbishment; software solutions comprising cloud-based, mobile, and AI-enabled aviation aftermarket software; develops PMA parts for aftermarket applications; and designs proprietary designated engineering representative repairs. In addition, the company designs, manufactures, and repairs transportation pallets; offers fleet management and operations of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services; and engineering, design, and system integration services for specialized command and control systems. Further, it provides asset-heavy flight hour-based component pool and repair programs for commercial airlines and distribution of consumables and expendables inventory. Additionally, it offers containers and shelters for military and humanitarian tactical deployment activities; and shelters, such as stationary and vehicle-mounted applications. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.
Why Investors Should Care
Trades at a P/E of 20.1, below the sector median of 25.6.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- May 2026 Revenue of $3.31B (+19.0% YoY); net profit $187.70M.
- Trailing 12 Months Year-on-year growth — revenue +24.1%, earnings +4.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.3%, profit CAGR 7.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 5.27% |
| 1 Year: | 24.10% |
Compounded Profit Growth
| 5 Years: | 7.29% |
| 1 Year: | 4.40% |
Stock Price Performance
| 1 Year: | +22.86% |
| 6 Months: | -13.75% |
| 3 Months: | -25.09% |
| 1 Month: | -19.08% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- Death Cross1d ago
- RSI (14)31.76 · Neutral
P/E of 20.06 is below the sector median of 25.65 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Trading 37.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AIR AAR Corp. R2KR3KDEFENCE | 96.67 | 20.06 | $3.89B | 0.00% | 6.56% | 12.93% | 5.27% | 7.29% |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 144.75 | -131.59 | $1.10T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 704.05 | 30.31 | $323.63B | 0.80% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 293.54 | 34.53 | $304.57B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 194.71 | 34.34 | $262.42B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 827.42 | 23.73 | $220.37B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | UNP Union Pacific Corporation SPXR3K | 298.09 | 24.16 | $177.09B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 8 | DE Deere & Company SPXR3K | 643.62 | 37.59 | $173.54B | 0.99% | 12.53% | 18.24% | 3.43% | 5.10% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 187.55 | 66.98 | $148.13B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Aug 2015 | Nov 2015 | Feb 2016 | May 2016 | Aug 2016 | Nov 2016 | Feb 2017 | May 2017 | Aug 2017 | Nov 2017 | Feb 2018 | May 2018 | Aug 2018 | Nov 2018 | Feb 2019 | May 2019 | Aug 2019 | Nov 2019 | Feb 2020 | May 2020 | Aug 2020 | Nov 2020 | Feb 2021 | Aug 2021 | Nov 2021 | Feb 2022 | Aug 2022 | Nov 2022 | Feb 2023 | Aug 2023 | Nov 2023 | Feb 2024 | Aug 2024 | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 754.50M | 739.60M | 795.30M | 845.10M | 928.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 604.30M | 605.90M | 638.40M | 690.40M | 751.30M |
| Gross Profit | 53.90M | 59.10M | 59.30M | 65.60M | 59.50M | 59.50M | 66.50M | 77.90M | 61.60M | 70.70M | 77.60M | 84.70M | 71.20M | 78.30M | 85.30M | - | 81.60M | 85.90M | 65.30M | - | 48.60M | 69.50M | 86.00M | 64.60M | 78.40M | 80.40M | 81.90M | 85.80M | 94.30M | 101.30M | 103.40M | 110.30M | 117.20M | - | - | 150.20M | 133.70M | 156.90M | 154.70M | 176.70M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.90M | 71.80M | 89.80M | 90.30M | 99.50M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72.30M | 61.90M | 67.10M | 64.40M | 77.20M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 80.10M | 79.60M | 84.30M | 130.80M | 95.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.80M | 18.80M | 19.10M | 17.50M | 16.70M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47.60M | 47.00M | 48.10M | 93.10M | 57.70M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.60M | 12.60M | 13.50M | 25.10M | 7.00M |
| Net Income | 22.90M | 8.00M | 4.80M | 12.00M | 9.50M | 12.10M | 13.70M | 21.20M | 10.60M | -22.50M | 15.50M | 12.00M | 15.10M | 7.00M | -37.40M | 22.80M | 4.40M | 14.20M | 2.30M | -16.50M | -14.50M | 8.20M | 28.10M | 11.50M | 20.80M | 22.50M | 22.70M | 22.50M | 21.80M | -600.00K | 23.80M | 14.00M | 18.00M | - | - | 34.00M | 34.40M | 34.60M | 68.00M | 50.70M |
| Diluted EPS | 0.65 | 0.23 | 0.14 | 0.34 | 0.28 | 0.35 | 0.40 | 0.62 | 0.31 | -0.67 | 0.44 | 0.34 | 0.43 | 0.20 | -1.08 | 0.65 | 0.13 | 0.40 | 0.06 | -0.47 | -0.42 | 0.23 | 0.79 | 0.32 | 0.58 | 0.63 | 0.63 | 0.64 | 0.62 | -0.02 | 0.67 | 0.39 | 0.50 | - | - | 0.95 | 0.95 | 0.90 | 1.71 | 1.27 |
Profit & Loss (Annual)
Figures in USD.
| Metric | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.38B | 1.35B | 1.81B | 2.06B | 1.81B | 1.71B | 1.62B | 1.53B | 1.59B | 1.75B | 2.05B | 2.07B | 1.65B | 1.82B | 1.99B | 2.32B | 2.78B | 3.31B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51B | 1.62B | 1.88B | 2.25B | - |
| Gross Profit | - | 243.52M | 307.10M | 318.60M | 259.50M | 288.90M | 130.80M | 233.10M | 263.40M | 294.10M | 329.80M | 269.20M | 275.90M | 313.20M | 370.10M | 442.30M | 527.70M | 622.00M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 203.40M | 233.00M | 312.90M | 347.90M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 109.80M | 137.10M | 129.40M | 179.80M | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 140.60M | 160.60M | 141.70M | 169.50M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.40M | 12.20M | 43.20M | 75.40M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.10M | 121.20M | 58.30M | 38.90M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.60M | 31.40M | 12.00M | 26.40M | - |
| Net Income | 56.77M | 44.63M | 69.80M | 67.70M | 55.00M | 72.90M | 10.20M | 47.70M | 56.50M | 15.60M | 7.50M | 4.40M | 35.80M | 78.70M | 90.20M | 46.30M | 12.50M | 187.70M |
| Diluted EPS | 1.45 | 1.16 | 1.73 | 1.65 | 1.38 | 1.83 | 0.24 | 1.37 | 1.64 | 0.41 | 0.21 | 0.13 | 1.00 | 2.17 | 2.53 | 1.29 | 0.35 | 4.86 |
Balance Sheet (Annual)
Figures in USD.
| Metric | May 2008 | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | Feb 2023 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.50B | 1.70B | 2.20B | 2.14B | 2.16B | 1.45B | 1.46B | 1.50B | 1.52B | 1.52B | 2.08B | 1.54B | 1.57B | - | 1.83B | 2.77B | 2.84B | 3.36B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01B | - | 1.10B | 1.39B | 1.51B | - |
| Cash & Equivalents | 109.39M | 112.50M | 79.40M | 57.40M | 67.70M | 75.30M | 89.20M | 54.70M | 31.20M | 10.30M | 31.10M | 21.30M | 404.70M | 51.80M | 53.50M | - | 68.40M | 85.80M | 96.50M | 84.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 550.50M | - | 574.10M | 733.10M | 809.20M | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 168.40M | - | 192.80M | 250.50M | 310.00M | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 539.40M | 1.80M | 734.00M | 1.58B | 1.63B | - |
| Current Liabilities | - | - | 324.69M | 416.01M | 473.20M | 389.00M | 402.10M | 412.00M | 341.40M | 335.00M | 333.30M | 357.50M | 383.10M | 336.80M | 348.20M | - | 351.50M | 466.90M | 554.70M | 613.20M |
| Long Term Debt | - | - | 317.59M | 313.98M | 669.40M | 622.20M | 564.30M | 82.40M | 136.10M | 154.10M | 177.20M | 141.70M | 600.00M | 133.70M | 98.90M | - | 269.70M | 985.40M | 968.00M | 893.90M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 156.30M | - | 317.90M | 1.07B | 1.05B | - |
| Total Equity | 650.87M | 696.73M | 746.91M | 835.85M | 864.60M | 918.60M | 999.50M | 845.10M | 865.80M | 914.20M | 936.30M | 905.90M | 902.60M | 974.40M | 1.03B | - | 1.10B | 1.19B | 1.21B | 1.70B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.30M | - | 45.30M | 45.30M | 45.30M | - |
Cash Flows (Annual)
Figures in USD.
| Metric | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 64.45M | 153.16M | 108.60M | 94.20M | 162.90M | 139.80M | -43.00M | 32.10M | 21.80M | 64.30M | 67.40M | -36.10M | 105.20M | 75.20M | 23.30M | 43.60M | 36.10M | 98.70M |
| Investing Cash Flow | -24.23M | -222.34M | -118.70M | -390.20M | -32.80M | -40.90M | 689.20M | -16.90M | -30.10M | -42.90M | -19.00M | -24.80M | -500.00K | -16.50M | -138.00M | -758.50M | 10.70M | -308.70M |
| Financing Cash Flow | -36.17M | 36.17M | -11.80M | 306.80M | -123.70M | -85.90M | -678.10M | -38.40M | -12.10M | 10.00M | -48.70M | 444.50M | -469.50M | -59.80M | 137.70M | 729.20M | -33.70M | 208.60M |
| Capital Expenditure | -27.54M | -28.86M | -124.90M | -91.20M | -37.60M | -20.80M | -42.10M | -40.10M | -25.20M | -22.00M | -17.40M | -23.60M | -11.30M | -17.30M | -29.50M | -29.70M | -34.70M | -36.60M |
| Free Cash Flow | 36.92M | 124.30M | -16.30M | 3.00M | 125.30M | 119.00M | -85.10M | -8.00M | -3.40M | 42.30M | 50.00M | -59.70M | 93.90M | 57.90M | -6.20M | 13.90M | 1.40M | 62.10M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.10M | 23.00M | 14.30M | 13.10M | - |
| Share Buybacks | - | - | 2.50M | 3.70M | 14.60M | 1.00M | 151.50M | 18.80M | 19.80M | 13.10M | 10.30M | 4.10M | - | 42.40M | 50.10M | 5.10M | 10.10M | - |
Ratios (Annual)
Figures in %.
| Metric | May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | 18.0% | 17.0% | 15.4% | 14.4% | 16.9% | 8.1% | 15.3% | 16.6% | 16.8% | 16.1% | 13.0% | 16.7% | 17.2% | 18.6% | 19.1% | 19.0% | 18.8% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.0% | 6.9% | 5.6% | 6.5% | - |
| Net Margin % | 4.1% | 3.3% | 3.9% | 3.3% | 3.0% | 4.3% | 0.6% | 3.1% | 3.6% | 0.9% | 0.4% | 0.2% | 2.2% | 4.3% | 4.5% | 2.0% | 0.4% | 5.7% |
| ROE % | 8.1% | 6.0% | 8.4% | 7.8% | 6.0% | 7.3% | 1.2% | 5.5% | 6.2% | 1.7% | 0.8% | 0.5% | 3.7% | 7.6% | 8.2% | 3.9% | 1.0% | 11.0% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.0% | 9.3% | 5.6% | 7.9% | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 16.10% | 6.47M | $650.00M |
| 2 | State Street Corporation | 7.05% | 2.83M | $284.63M |
| 3 | Vanguard Portfolio Management LLC | 5.43% | 2.18M | $219.18M |
| 4 | Dimensional Fund Advisors LP | 4.81% | 1.93M | $194.19M |
| 5 | Vanguard Capital Management LLC | 4.27% | 1.72M | $172.54M |
| 6 | Invesco Ltd. | 3.98% | 1.60M | $160.80M |
| 7 | Earnest Partners LLC | 3.11% | 1.25M | $125.74M |
| 8 | Capital Research Global Investors | 2.89% | 1.16M | $116.51M |
| 9 | Geode Capital Management, LLC | 2.84% | 1.14M | $114.46M |
| 10 | American Century Companies Inc | 1.95% | 783.01K | $78.64M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AIR
After Plunging 20.5% in 4 Weeks, Here's Why the Trend Might Reverse for AAR (AIR)
AAR (AIR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potenti…
Cleared for Takeoff: AAR Corp. Expands Its Aerospace Aftermarket Reach
AAR Corp. posted strong fiscal Q1 2027 results and agreed to acquire a 65% stake in MRO Holdings for about $4.0 billion, aiming to boost margins despite added debt and dilution.
AAR (AIR) Q1 2027 Earnings Call Transcript
MRO Holdings acquisition positions AAR for $4.3B revenue scale and 19-20% margins.
AIR Q3 Deep Dive: MRO Holdings Acquisition Expands Scale and Margins
Aviation and defense services provider AAR CORP (NYSE:AIR) reported calendar Q3 2026 (fiscal Q1 2027) results beating Wall Street’s revenue expectations, with sales up 24.1% year on year to $918 million. Guidance for next quarter’s revenue …
5 Must-Read Analyst Questions From AAR’s Q3 Earnings Call
AAR’s third-quarter results were met with a negative market reaction despite the company outperforming Wall Street’s revenue and profit expectations. Management pointed to strong demand across its commercial and government segments, with sa…
AAR (AIR) Stock Looks Rich After The Planned $1.8B Deal
AAR Corp. has pulled back sharply in recent weeks after a strong multi year run, and the question for anyone looking at AAR stock now is whether the current price lines up with the cash it can generate over time. Over the past 5 years the s…
AIR — Frequently Asked Questions
What is the current share price of AAR Corp. (AIR)?
As of 2026-10-22 16:30 PDT, AAR Corp. (AIR) trades at $96.67 on NYSE. Its 52-week range is $71.73 to $153.71.
What is the market capitalisation of AIR?
AAR Corp. (AIR) has a market capitalisation of $3.89B on NYSE.
What is the P/E ratio of AIR?
AIR trades at a trailing price-to-earnings (P/E) ratio of 20.06. The industry average P/E is 25.65. Its price-to-book (P/B) ratio is 2.29.
What is the return on equity (ROE) of AIR?
AIR has a return on equity (ROE) of 12.93%. Its return on capital employed (ROCE) is 6.56%.
Is AIR a good stock to buy?
This page provides a data-driven analysis of AAR Corp. (AIR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.