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AIR

AIR - AAR Corp Stock Price, Fair Value and News

66.64USD-0.14 (-0.21%)Market Closed
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Market Summary

USD66.64-0.14
Market Closed
-0.21%

AIR Stock Price

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AIR RSI Chart

AIR Valuation

Market Cap

2.4B

Price/Earnings (Trailing)

34.69

Price/Sales (Trailing)

1.09

Price/Free Cashflow

83.9

AIR Price/Sales (Trailing)

AIR Profitability

Return on Equity

5.9%

Return on Assets

3.47%

Free Cashflow Yield

1.19%

AIR Fundamentals

AIR Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

16.09%

Rev. Growth (Qtr)

-0.78%

AIR Earnings

Earnings (TTM)

68.2M

Earnings Growth (Yr)

5.78%

Earnings Growth (Qtr)

4.1K%

Breaking Down AIR Revenue

Last 7 days

7.9%

Last 30 days

14.6%

Last 90 days

2.1%

Trailing 12 Months

32.8%

How does AIR drawdown profile look like?

AIR Financial Health

Current Ratio

3.14

Debt/Equity

0.24

Debt/Cashflow

0.22

AIR Investor Care

Dividend Yield

0.45%

Dividend/Share (TTM)

0.3

Shares Dilution (1Y)

3.04%

Diluted EPS (TTM)

1.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.9B2.0B2.1B2.2B
20221.8B1.8B1.8B1.8B
20211.6B1.7B1.7B1.7B
20202.2B2.1B1.9B1.8B
20192.0B2.1B2.1B2.2B
20181.7B1.7B1.8B1.9B
20171.6B1.6B1.6B1.7B
20161.6B1.7B1.7B1.6B
20151.6B1.6B1.6B1.6B
20141.8B1.7B1.7B1.6B
20132.1B2.1B2.0B2.0B
20122.0B2.1B2.1B2.2B
20111.7B1.8B1.9B1.9B
20101.4B1.4B1.4B1.6B
200901.4B1.4B1.4B

Tracking the Latest Insider Buys and Sells of AAR Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 12, 2023
pace peter
sold
-328,624
59.0944
-5,561
-
Oct 11, 2023
holmes john mcclain iii
acquired
189,400
18.94
10,000
chairman, president & ceo
Oct 11, 2023
holmes john mcclain iii
sold
-609,906
60.9906
-10,000
chairman, president & ceo
Oct 10, 2023
nolen billy
acquired
-
-
1,562
-
Oct 10, 2023
pachapa eric
acquired
75,760
18.94
4,000
vp-cao & controller
Oct 10, 2023
pachapa eric
sold
-242,362
60.5904
-4,000
vp-cao & controller
Oct 10, 2023
gillen sean m.
acquired
452,820
30.188
15,000
senior vp-cfo
Oct 10, 2023
gillen sean m.
sold
-543,981
60.4423
-9,000
senior vp-cfo
Oct 06, 2023
garascia jessica a.
sold
-512,071
59.557
-8,598
senior vp, gc, cao & secretary
Oct 06, 2023
garascia jessica a.
acquired
334,284
38.8792
8,598
senior vp, gc, cao & secretary

1–10 of 50

Which funds bought or sold AIR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-2.5
24,772
1,148,220
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
33,000
711,000
0.01%
Feb 21, 2024
Raleigh Capital Management Inc.
unchanged
-
158
3,432
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
21.52
248,000
1,158,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-5.8
-330
49,670
-%
Feb 15, 2024
BARCLAYS PLC
added
271
2,853,000
3,840,000
-%
Feb 15, 2024
JANE STREET GROUP, LLC
added
286
1,403,240
1,862,580
-%
Feb 15, 2024
Legal & General Group Plc
added
0.35
365,978
7,421,300
-%
Feb 15, 2024
State of Wyoming
reduced
-82.46
-177,289
39,936
0.01%
Feb 15, 2024
Farther Finance Advisors, LLC
added
500
1,574
1,872
-%

1–10 of 46

Are Funds Buying or Selling AIR?

Are funds buying AIR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AIR
No. of Funds

Unveiling AAR Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
earnest partners llc
5.3%
1,892,947
SC 13G/A
Feb 13, 2024
vanguard group inc
10.60%
3,761,632
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.9%
2,817,228
SC 13G/A
Jan 24, 2024
state street corp
5.37%
1,904,790
SC 13G/A
Jan 19, 2024
blackrock inc.
17.6%
6,236,345
SC 13G/A
Feb 14, 2023
earnest partners llc
7.4%
2,542,799
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
8.3%
2,843,229
SC 13G/A
Feb 09, 2023
vanguard group inc
10.81%
3,724,416
SC 13G/A
Feb 06, 2023
state street corp
5.38%
1,853,428
SC 13G
Jan 26, 2023
blackrock inc.
18.2%
6,286,501
SC 13G/A

Recent SEC filings of AAR Corp

View All Filings
Date Filed Form Type Document
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
8-K
Current Report
Feb 14, 2024
8-K
Current Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Jan 24, 2024
SC 13G/A
Major Ownership Report
Jan 19, 2024
SC 13G/A
Major Ownership Report
Jan 17, 2024
8-K/A
Current Report

AAR Corp News

Latest updates
AmericanBankingNEWS16 hours ago

AAR Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-0.8%545550553521470446476452437455438410404401417553561542563530493
Gross Profit2.1%103101--86.0082.00---------------
Costs and Expenses---517485437415444421406440417371382398430548533519533500477
  S&GA Expenses-12.0%66.0075.0071.0057.0053.0050.0057.0049.0047.0049.0049.0045.0043.0045.0047.0058.0057.0058.0063.0055.0049.00
Interest Expenses6.9%6.006.005.004.002.001.001.001.001.001.001.001.001.002.003.002.002.002.002.003.003.00
Income Taxes214.5%8.00-6.907.008.008.008.007.008.008.004.005.0012.005.00-3.80-4.000.006.003.000.00-0.603.00
Net Income4066.7%24.00-0.6023.0022.0023.0023.0024.0023.0021.0012.0014.0028.008.00-14.50-16.502.0014.004.0023.00-37.407.00
Net Income Margin-1.6%0.03*0.03*0.05*0.05*0.05*0.05*0.04*0.04*0.04*0.04*0.02*0.00*-0.01*-0.01*0.00*0.02*0.00*0.00*0.00*--
Free Cashflow136.3%10.00-27.8038.008.00-52.200.0033.0012.0013.001.0020.0015.0024.0036.00-32.501.009.00-36.9038.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.6%1,9661,9541,8331,6731,6471,5991,5741,5521,5301,5361,5401,6431,6691,7142,0791,8291,7551,6831,5171,5471,604
  Current Assets-1.1%1,1941,2071,0981,0681,0601,0351,0079779479459371,0281,0421,0741,4391,1581,0721,0229539931,041
    Cash Equivalents-7.4%65.0070.0068.0053.0051.0048.0059.0041.0043.0049.0060.0099.0011010842537.0038.0040.0021.0029.0026.00
  Inventory5.2%646614574571595576551535532526541564585598623622580554524515495
  Net PPE1.2%133131126120114111110107106109120124125127136137134133133134133
  Goodwill-0.8%176177176---116---119---116117117116116117117
  Current Liabilities-3.4%380394352332324358348343320324337388408394383485407396358360344
  Long Term Debt-9.8%27530527018619711499.00103103128134206220255600206196202142177219
    LT Debt, Non Current-9.8%27530527018619711499.00103103128134206220255600206196202142177219
Shareholder's Equity3.0%1,1561,1221,0991,0681,0351,0371,0351,0181,007988974932901891903929922910479899936
  Retained Earnings2.6%934910911887866843820797774753742728700691706725725714710690730
  Additional Paid-In Capital0.8%486482485481479477478481482480480477475473479482479476479475471
Accumulated Depreciation1.4%277273269261257260258258255270260253248244247245240236232226222
Shares Outstanding0.6%36.0035.00-35.0034.0035.00-35.0035.0035.00-35.0035.0035.00-35.0035.0035.00---
Float-----1,524---1,105---952---1,474---1,449
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations193.0%17,400-18,70045,20017,400-46,1006,80040,10015,90016,3002,90022,60017,10026,60038,900-27,2009,00014,500-32,40042,90060,000-8,500
  Share Based Compensation-16.3%3,6004,3003,1003,5002,8004,1002,4001,1001,6003,1002,4002,3001,8002,700-3,0003,2002,8004,3004,7003,6001,200
Cashflow From Investing25.0%-8,700-11,600-110,700-9,000-7,600-10,700-9,600-4,2002,200-4,900-2,800-3,3007,300-1,700-4,800-8,300-8,200-3,500-5,200-4,400-4,400
Cashflow From Financing-160.5%-23,40038,70093,200-5,50056,500-6,500-14,500-15,200-24,600-5,500-72,300-14,300-35,000-347,900391,90011,500-11,70052,800-46,900-46,0008,900
  Dividend Payments--------------1002,6002,6002,6002,9002,6002,6002,600
  Buy Backs-----28,20021,90022,20020,200--------4,100-9,500800-

AIR Income Statement

2023-11-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2023
Nov. 30, 2022
Sales:    
Sales$ 545.4$ 469.8$ 1,095.1$ 916.1
Cost and operating expenses:    
Cost442.0384.0890.4748.4
Gross profit103.485.8204.7167.7
Provision for (Recovery of) credit losses (0.1)0.4(0.1)
Selling, general and administrative65.752.8140.4102.9
Earnings (Loss) from joint ventures0.6(0.7)(0.3)(1.3)
Operating income38.332.463.663.6
Pension settlement charge  (26.7) 
Losses related to sale and exit of business(0.9)(0.1)(1.6)(0.1)
Other income (expense), net(0.1)0.5(0.1)0.7
Interest expense(6.2)(2.1)(12.0)(3.2)
Interest income0.60.11.00.2
Income from continuing operations before provision for income taxes31.730.824.261.2
Income tax expense7.98.31.016.4
Income from continuing operations23.822.523.244.8
Income from discontinued operations, net of tax   0.4
Net income$ 23.8$ 22.5$ 23.2$ 45.2
Earnings per share - basic:    
Earnings from continuing operations$ 0.67$ 0.65$ 0.66$ 1.28
Income from discontinued operations   0.01
Earnings per share - basic0.670.650.661.29
Earnings per share - diluted:    
Earnings from continuing operations0.670.640.651.26
Income from discontinued operations   0.01
Earnings per share - diluted$ 0.67$ 0.64$ 0.65$ 1.27
Products    
Sales:    
Sales$ 320.2$ 298.6$ 657.7$ 563.8
Cost and operating expenses:    
Cost257.5234.8531.3448.8
Services    
Sales:    
Sales225.2171.2437.4352.3
Cost and operating expenses:    
Cost$ 184.5$ 149.2$ 359.1$ 299.6

AIR Balance Sheet

2023-11-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2023
May 31, 2023
Current assets:  
Cash and cash equivalents$ 65.1$ 68.4
Restricted cash10.413.4
Accounts receivable, less allowances of $13.9 and $13.4, respectively246.4241.3
Contract assets99.386.9
Inventories645.9574.1
Rotable assets and equipment on or available for short-term lease55.150.6
Assets of discontinued operations11.713.5
Prepaid expenses and other current assets60.549.7
Total current assets1,194.41,097.9
Property, plant and equipment, at cost:  
Property, plant, and equipment, net of accumulated depreciation of $276.7 and $268.8, respectively132.6126.1
Other assets:  
Goodwill176.0175.8
Intangible assets, net of accumulated amortization of $8.2 and $6.0, respectively61.563.7
Operating lease right-of-use assets, net90.463.7
Rotable assets supporting long-term programs177.4178.1
Other non-current assets133.3127.8
Total other assets638.6609.1
Total assets1,965.61,833.1
Current liabilities:  
Accounts payable209.7158.5
Accrued liabilities159.0179.6
Liabilities of discontinued operations11.413.4
Total current liabilities380.1351.5
Long-term debt275.0269.7
Operating lease liabilities73.248.2
Deferred tax liabilities39.833.6
Other liabilities42.031.0
Total noncurrent liabilities430.0382.5
Equity:  
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 45,300,786 shares at cost45.345.3
Capital surplus485.7484.5
Retained earnings933.8910.6
Treasury stock, 9,798,172 and 10,385,237 shares at cost, respectively(300.8)(317.8)
Accumulated other comprehensive loss(8.5)(23.5)
Total equity1,155.51,099.1
Total liabilities and equity$ 1,965.6$ 1,833.1
AIR
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and operations of customer-owned aircraft for the U.S. Department of State; customized performance-based supply chain logistics programs, which includes material planning, sourcing, logistics, information and program management, airframe and maintenance planning, and component repair, and overhaul services for U.S. Department of Defense and foreign governments. Further, it offers airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support; and repair and overhaul components including landing gears, wheels, and brakes for commercial and military aircraft; and operates six airframe maintenance facilities and one landing gear overhaul facility. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.
 CEO
 WEBSITEwww.aarcorp.com
 EMPLOYEES5000

AAR Corp Frequently Asked Questions


What is the ticker symbol for AAR Corp? What does AIR stand for in stocks?

AIR is the stock ticker symbol of AAR Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AAR Corp (AIR)?

As of Fri Mar 01 2024, market cap of AAR Corp is 2.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIR stock?

You can check AIR's fair value in chart for subscribers.

What is the fair value of AIR stock?

You can check AIR's fair value in chart for subscribers. The fair value of AAR Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AAR Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AAR Corp a good stock to buy?

The fair value guage provides a quick view whether AIR is over valued or under valued. Whether AAR Corp is cheap or expensive depends on the assumptions which impact AAR Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIR.

What is AAR Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Mar 01 2024, AIR's PE ratio (Price to Earnings) is 34.69 and Price to Sales (PS) ratio is 1.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AAR Corp's stock?

In the past 10 years, AAR Corp has provided 0.102 (multiply by 100 for percentage) rate of return.