AAR Corp.

AAR Corp.

AIRยทNYSE

$111.49

+1.9%
IndustrialsAerospace & Defense

AAR 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.

At a Glance

Live Snapshot
Market Cap$4.43B
EPS0.3500
P/E Ratio318.54
Earnings Date07/15/2026
3Y+53.0%
5Y+34.0%
10Y+67.0%
3Y-84.0%
5Y-50.0%
10Y-74.0%
3Y-52.0%
5Y-200.0%
10Y+12.0%
AAR Corp.

AAR Corp. Profit Bridge

AIR ยท NYSE
Revenue2.78B
Cost of Goods Sold (2.25B)
Gross Profit527.70M
Operating Expenses (342.50M)
Operating Income185.20M
Interest Expense (75.40M)
Other Income/Expense-146.30M
Pretax Income38.90M
Income Tax (26.40M)
Net Income12.50M
Net Income
12.50M

Profitability Analysis

Gross Margin

19.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

6.7%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

0.4%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

67.9%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

AAR Corp. Income Statement

AIR โ€ข NYSE

AAR Corp. Income StatementMay 2025May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010May 2009May 2008May 2007May 2006
REVENUE
2.8B
2.3B
2B
1.8B
1.7B
2.1B
2.1B
1.7B
1.8B
1.7B
1.6B
2B
2.1B
2.1B
1.8B
1.4B
1.4B
1.4B
1.1B
897.3M
GROSS PROFIT
(2.3B)
(1.9B)
(1.6B)
(1.5B)
(1.4B)
(1.8B)
(1.7B)
(1.5B)
(1.5B)
(1.4B)
(1.4B)
(1.7B)
(1.8B)
(1.7B)
(1.5B)
(1.1B)
(1.2B)
(1.1B)
(877M)
(733.3M)
527.7M
442.3M
370.1M
313.2M
275.9M
269.2M
329.5M
294.6M
276.5M
236.9M
159.3M
340.2M
314.2M
318.6M
303.1M
243.5M
241.6M
264.1M
184.1M
164M
OPERATING INCOME
(342.5M)
(313.1M)
(236.2M)
(206.3M)
(190.9M)
(226M)
(231.2M)
(208.6M)
(196.7M)
(170.8M)
(171.4M)
(197.6M)
(198.4M)
(187.9M)
(170.3M)
(153.3M)
(155.7M)
(129.6M)
(88.8M)
(99.8M)
(347.7M)
(280.2M)
(230.4M)
(202.2M)
(182.4M)
(220.6M)
(215.4M)
(208.6M)
(196.7M)
(170.8M)
(171.4M)
(197.6M)
(198.4M)
(189.4M)
(173.6M)
(153.3M)
(147.2M)
(135.5M)
(105.1M)
(101.3M)
185.2M
129.2M
133.9M
106.9M
85.2M
41.3M
98.3M
86M
79.6M
65.8M
-11.9M
145.7M
122.6M
130.7M
138.7M
90.3M
102.9M
134.5M
95.4M
64.2M
PRE-TAX INCOME
(75.4M)
(43.2M)
(12.2M)
(2.4M)
(5M)
(9.3M)
(9.5M)
(8M)
(5.3M)
(6.4M)
(27.2M)
(28.3M)
(41.6M)
(37.8M)
(30.7M)
(26.8M)
(18.4M)
(29.5M)
(0.0)
(0.0)
-73.6M
-41M
-11.2M
-2.3M
-4.8M
-8.8M
-8.5M
-7.9M
-5.2M
-6.2M
-26.9M
-26.8M
-27.7M
-36.5M
-30.3M
-25.9M
-30M
-27.7M
0.0
0.0
-5.2M
(32.9M)
(5.8M)
(4.1M)
(8.5M)
(5.4M)
(15.8M)
-900K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.5M
-8.7M
(0.0)
(0.0)
-5.9M
-16.3M
-1.5M
-146.3M
-70.9M
-12.7M
-1.8M
-20.7M
-10.9M
-9.3M
-8.8M
-5.2M
-16.2M
-41.6M
-26.8M
-40.4M
-37.2M
-25.1M
-29.6M
17M
-18.4M
-7.9M
-18.7M
38.9M
58.3M
121.2M
105.1M
64.5M
30.4M
89M
77.2M
74.3M
59.3M
-83M
105.3M
82.2M
93.5M
108.5M
64.2M
119.9M
116.1M
87.4M
45.5M
NET INCOME
(26.4M)
(12M)
(31.4M)
(26.6M)
(18.2M)
(5.6M)
(4.9M)
(3.5M)
(24.1M)
(18.8M)
-28.5M
(32.1M)
(26.7M)
(25.5M)
(35.4M)
(21M)
(39.3M)
(40.3M)
(28M)
(10.3M)
12.5M
46.3M
90.2M
78.7M
35.8M
24.8M
7.5M
15.6M
56.5M
47.7M
10.2M
72.9M
55M
67.7M
69.8M
44.6M
78.7M
75.1M
58.7M
35.2M

SEC Filings

AIR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

April 24, 2026
April 24, 2026
2026
10-Q

10-Q 2026 Q1

Q1

March 25, 2026
February 28, 2026
2026
8-K

8-K 2026

N/A

March 24, 2026
March 24, 2026
2026
8-K

8-K 2026

N/A

February 11, 2026
February 09, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

January 23, 2026
December 01, 2025
2025
10-Q

10-Q 2025 Q4

Q4

January 07, 2026
November 30, 2025
2025
8-K

8-K 2026

N/A

January 06, 2026
January 06, 2026
2026
8-K

8-K 2025

N/A

December 17, 2025
December 17, 2025
2025
Showing 1 to 10 of 470 filings