AIR - AAR Corp Stock Price, Fair Value and News

64.91USD+0.79 (+1.23%)Delayed as of 22 Apr 2024, 11:51 am ET

Market Summary

USD64.91+0.79

Delayedas of 22 Apr 2024, 11:51 am

1.23%

AIR Alerts

2 major insider sales recently.

Big fall in earnings (Y/Y)

AIR Stock Price

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AIR RSI Chart

AIR Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

37.6

Price/Sales (Trailing)

1.03

Price/Free Cashflow

64.71

AIR Price/Sales (Trailing)

AIR Profitability

Return on Equity

5.17%

Return on Assets

2.99%

Free Cashflow Yield

1.55%

AIR Fundamentals

AIR Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

8.87%

Rev. Growth (Qtr)

4.02%

AIR Earnings

Earnings (TTM)

60.4M

Earnings Growth (Yr)

-35.78%

Earnings Growth (Qtr)

-41.18%

Breaking Down AIR Revenue

52 Week Range

50.0665.69

(Low)(High)

Last 7 days

5.5%

Last 30 days

-0.4%

Last 90 days

9.0%

Trailing 12 Months

17.7%

How does AIR drawdown profile look like?

AIR Financial Health

Current Ratio

2.9

Debt/Equity

0.24

Debt/Cashflow

0.23

AIR Investor Care

Dividend Yield

0.47%

Dividend/Share (TTM)

0.3

Shares Dilution (1Y)

2.08%

Diluted EPS (TTM)

1.69

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.2B	0	0	0
2023	1.9B	2.0B	2.1B	2.2B
2022	1.8B	1.8B	1.8B	1.8B
2021	1.6B	1.7B	1.7B	1.7B
2020	2.2B	2.1B	1.9B	1.8B
2019	2.0B	2.1B	2.1B	2.2B
2018	1.7B	1.7B	1.8B	1.9B
2017	1.6B	1.6B	1.6B	1.7B
2016	1.6B	1.7B	1.7B	1.6B
2015	1.6B	1.6B	1.6B	1.6B
2014	1.8B	1.7B	1.7B	1.6B
2013	2.1B	2.1B	2.0B	2.0B
2012	2.0B	2.1B	2.1B	2.2B
2011	1.7B	1.8B	1.9B	1.9B
2010	1.4B	1.4B	1.4B	1.6B
2009	0	1.4B	1.4B	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of AAR Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	garascia jessica a.	sold	-465,912	63.3722	-7,352	senior vp, gc, cao & secretary
Apr 04, 2024	holmes john mcclain iii	sold	-1,761,060	60.2072	-29,250	chairman, president & ceo
Apr 04, 2024	holmes john mcclain iii	acquired	553,995	18.94	29,250	chairman, president & ceo
Apr 02, 2024	holmes john mcclain iii	acquired	189,400	18.94	10,000	chairman, president & ceo
Apr 02, 2024	holmes john mcclain iii	sold	-1,631,350	57.9625	-28,145	chairman, president & ceo
Mar 19, 2024	edwards jeffrey n	acquired	-	-	492	-
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	pachapa eric	sold	-242,362	60.5904	-4,000	vp-cao & controller

Which funds bought or sold AIR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-63.00	1,497	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	889	20,946,700	23,413,700	0.04%
Apr 18, 2024	Integrated Investment Consultants, LLC	reduced	-20.48	-137,592	442,978	0.12%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-15.00	360	-%
Apr 18, 2024	Phocas Financial Corp.	unchanged	-	-9,393,600	9,403	0.04%
Apr 17, 2024	Stanley-Laman Group, Ltd.	added	9.82	218,277	4,283,700	0.60%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	new	-	338,385	338,385	0.02%
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	unchanged	-	-2,466	58,374	0.01%
Apr 16, 2024	Moisand Fitzgerald Tamayo, LLC	unchanged	-	-131	3,114	-%
Apr 16, 2024	New England Research & Management, Inc.	added	59.18	564,000	1,634,000	0.80%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	earnest partners llc	4.5%	1,587,246	SC 13G/A
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

Recent SEC filings of AAR Corp

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	4	Insider Trading
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	4	Insider Trading
Apr 02, 2024	144	Notice of Insider Sale Intent
Mar 21, 2024	10-Q	Quarterly Report
Mar 21, 2024	3	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	8-K	Current Report
Mar 20, 2024	8-K	Current Report

AAR Corp News

Latest updates

AAR Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.0%	567	545	550	553	521	470	446	476	452	437	455	438	410	404	401	417	553	561	542	563	530
Gross Profit	6.7%	110	103	101	-	94.00	86.00	82.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and Expenses	-	-	-	-	517	485	437	415	444	421	406	440	417	371	382	398	430	548	533	519	533	500
S&GA Expenses	17.2%	77.00	66.00	75.00	71.00	57.00	53.00	50.00	57.00	49.00	47.00	49.00	49.00	45.00	43.00	45.00	47.00	58.00	57.00	58.00	63.00	55.00
Interest Expenses	91.9%	12.00	6.00	6.00	5.00	4.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	3.00	2.00	2.00	2.00	2.00	3.00
Income Taxes	-17.7%	7.00	8.00	-6.90	7.00	8.00	8.00	8.00	7.00	8.00	8.00	4.00	5.00	12.00	5.00	-3.80	-4.00	0.00	6.00	3.00	0.00	-0.60
Net Income	-41.2%	14.00	24.00	-0.60	23.00	22.00	23.00	23.00	24.00	23.00	21.00	12.00	14.00	28.00	8.00	-14.50	-16.50	2.00	14.00	4.00	23.00	-37.40
Net Income Margin	-13.3%	0.03*	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*	-	-
Free Cashflow	44.6%	15.00	10.00	-27.80	38.00	8.00	-52.20	0.00	33.00	12.00	13.00	1.00	20.00	15.00	24.00	36.00	-32.50	1.00	9.00	-36.90	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.9%	2,022	1,966	1,954	1,833	1,673	1,647	1,599	1,574	1,552	1,530	1,536	1,540	1,643	1,669	1,714	2,079	1,829	1,755	1,683	1,517	1,547
Current Assets	3.9%	1,241	1,194	1,207	1,098	1,068	1,060	1,035	1,007	977	947	945	937	1,028	1,042	1,074	1,439	1,158	1,072	1,022	953	993
Cash Equivalents	6.3%	69.00	65.00	70.00	68.00	54.00	51.00	48.00	59.00	41.00	43.00	49.00	60.00	99.00	110	108	425	37.00	38.00	40.00	21.00	29.00
Inventory	4.0%	672	646	614	574	574	595	576	551	535	532	526	541	564	585	598	623	622	580	554	524	515
Net PPE	1.1%	134	133	131	126	120	114	111	110	107	106	109	120	124	125	127	136	137	134	133	133	134
Goodwill	1.9%	179	176	177	176	-	-	-	116	-	-	-	119	-	-	-	116	117	117	116	116	117
Current Liabilities	12.7%	428	380	394	352	332	324	358	348	343	320	324	337	388	408	394	383	485	407	396	358	360
Long Term Debt	-0.1%	275	275	305	270	186	197	114	99.00	103	103	128	134	206	220	255	600	206	196	202	142	177
LT Debt, Non Current	-0.1%	275	275	305	270	186	197	114	99.00	103	103	128	134	206	220	255	600	206	196	202	142	177
Shareholder's Equity	1.1%	1,168	1,156	1,122	1,099	1,068	1,035	1,037	1,035	1,018	1,007	988	974	932	901	891	903	929	922	910	710	899
Retained Earnings	1.5%	948	934	910	911	887	866	843	820	797	774	753	742	728	700	691	706	725	725	714	710	690
Additional Paid-In Capital	0.7%	489	486	482	485	481	479	477	478	481	482	480	480	477	475	473	479	482	479	476	479	475
Accumulated Depreciation	0.5%	278	277	273	269	261	257	260	258	258	255	270	260	253	248	244	247	245	240	236	232	226
Shares Outstanding	-0.2%	35.00	36.00	35.00	-	35.00	34.00	35.00	-	35.00	35.00	35.00	-	35.00	35.00	35.00	-	35.00	35.00	35.00	-	35.00
Float	-	-	-	-	-	-	1,524	-	-	-	1,105	-	-	-	952	-	-	-	1,474	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	17.2%	20,400	17,400	-18,700	45,200	17,400	-46,100	6,800	40,100	15,900	16,300	2,900	22,600	17,100	26,600	38,900	-27,200	9,000	14,500	-32,400	42,900	60,000
Share Based Compensation	0%	3,600	3,600	4,300	3,100	3,500	2,800	4,100	2,400	1,100	1,600	3,100	2,400	2,300	1,800	2,700	-3,000	3,200	2,800	4,300	4,700	3,600
Cashflow From Investing	25.3%	-6,500	-8,700	-11,600	-110,700	-9,000	-7,600	-10,700	-9,600	-4,200	2,200	-4,900	-2,800	-3,300	7,300	-1,700	-4,800	-8,300	-8,200	-3,500	-5,200	-4,400
Cashflow From Financing	75.2%	-5,800	-23,400	38,700	93,200	-5,500	56,500	-6,500	-14,500	-15,200	-24,600	-5,500	-72,300	-14,300	-35,000	-347,900	391,900	11,500	-11,700	52,800	-46,900	-46,000
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	2,600	2,600	2,600	2,900	2,600	2,600
Buy Backs	-	-	-	-	-	-	28,200	21,900	22,200	20,200	-	-	-	-	-	-	-	-	4,100	-	9,500	800

AIR Income Statement

2024-02-29

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Sales:
Sales	$ 567.3	$ 521.1	$ 1,662.4	$ 1,437.2
Cost and operating expenses:
Cost	457.0	426.8	1,347.4	1,175.2
Gross profit	110.3	94.3	315.0	262.0
Provision for credit losses	0.1	1.9	0.5	1.8
Selling, general and administrative	77.0	56.7	217.4	159.6
Loss from joint ventures	(0.2)	(1.7)	(0.5)	(3.0)
Operating income	33.0	34.0	96.6	97.6
Pension settlement charge			(26.7)
Losses related to sale and exit of business	(1.0)	(0.4)	(2.6)	(0.5)
Other income (expense), net	(0.2)	(0.3)	(0.3)	0.4
Interest expense	(11.9)	(3.8)	(23.9)	(7.0)
Interest income	0.6	0.3	1.6	0.5
Income from continuing operations before income taxes	20.5	29.8	44.7	91.0
Income tax expense	6.5	8.0	7.5	24.4
Income from continuing operations	14.0	21.8	37.2	66.6
Income from discontinued operations, net of tax				0.4
Net income	$ 14.0	$ 21.8	$ 37.2	$ 67.0
Earnings per share - basic:
Earnings from continuing operations	$ 0.40	$ 0.63	$ 1.05	$ 1.90
Earnings from discontinued operations				0.01
Earnings per share - basic	0.40	0.63	1.05	1.91
Earnings per share - diluted:
Earnings from continuing operations	0.39	0.62	1.04	1.87
Earnings from discontinued operations				0.01
Earnings per share - diluted	$ 0.39	$ 0.62	$ 1.04	$ 1.88
Products
Sales:
Sales	$ 329.9	$ 327.6	$ 987.6	$ 891.4
Cost and operating expenses:
Cost	257.5	260.5	788.8	709.3
Services
Sales:
Sales	237.4	193.5	674.8	545.8
Cost and operating expenses:
Cost	$ 199.5	$ 166.3	$ 558.6	$ 465.9

AIR Balance Sheet

2024-02-29

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 29, 2024	May 31, 2023
Current assets:
Cash and cash equivalents	$ 69.2	$ 68.4
Restricted cash	14.4	13.4
Accounts receivable, less allowances of $13.9 and $13.4, respectively	257.1	241.3
Contract assets	86.5	86.9
Inventories	671.5	574.1
Rotable assets and equipment on or available for short-term lease	74.5	50.6
Assets of discontinued operations	10.8	13.5
Prepaid expenses and other current assets	56.7	49.7
Total current assets	1,240.7	1,097.9
Property, plant and equipment, at cost:
Property, plant, and equipment, net of accumulated depreciation of $278.2 and $268.8, respectively	134.1	126.1
Other assets:
Goodwill	179.4	175.8
Intangible assets, net of accumulated amortization of $9.3 and $6.0, respectively	60.4	63.7
Operating lease right-of-use assets, net	89.5	63.7
Rotable assets supporting long-term programs	177.9	178.1
Other non-current assets	139.8	127.8
Total other assets	647.0	609.1
Total assets	2,021.8	1,833.1
Current liabilities:
Accounts payable	230.3	158.5
Accrued liabilities	187.4	179.6
Liabilities of discontinued operations	10.5	13.4
Total current liabilities	428.2	351.5
Long-term debt	274.7	269.7
Operating lease liabilities	73.0	48.2
Deferred tax liabilities	37.0	33.6
Other liabilities	40.9	31.0
Total noncurrent liabilities	425.6	382.5
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 cost	45.3	45.3
Capital surplus	489.3	484.5
Retained earnings	947.8	910.6
Treasury stock, 9,873,730 and 10,385,237 shares at cost, respectively	(305.7)	(317.8)
Accumulated other comprehensive loss	(8.7)	(23.5)
Total equity	1,168.0	1,099.1
Total liabilities and equity	$ 2,021.8	$ 1,833.1

About AAR Corp

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	Mr. John McClain Holmes III
WEBSITE	aarcorp.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	5000

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 Apr 19 2024, market cap of AAR Corp is 2.27 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 Apr 19 2024, AIR's PE ratio (Price to Earnings) is 37.6 and Price to Sales (PS) ratio is 1.03. 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 0.098 (multiply by 100 for percentage) rate of return.