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AIR

AIR - AAR Corp Stock Price, Fair Value and News

67.50USD+0.38 (+0.57%)Market Closed

Market Summary

AIR
USD67.50+0.38
Market Closed
0.57%

AIR Alerts

  • 2 major insider sales recently.

AIR Stock Price

View Fullscreen

AIR RSI Chart

AIR Valuation

Market Cap

2.4B

Price/Earnings (Trailing)

39.59

Price/Sales (Trailing)

1.08

Price/Free Cashflow

68.13

AIR Price/Sales (Trailing)

AIR Profitability

Return on Equity

5.17%

Return on Assets

2.99%

Free Cashflow Yield

1.47%

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

Last 7 days

-0.1%

Last 30 days

-6.4%

Last 90 days

7.4%

Trailing 12 Months

21.6%

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

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.2B000
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
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Tracking the Latest Insider Buys and Sells of AAR Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 01, 2024
leduc robert f
acquired
-
-
1,901
-
Jun 01, 2024
lord ellen m.
acquired
-
-
1,901
-
Jun 01, 2024
pace peter
acquired
-
-
1,901
-
Jun 01, 2024
anderson anthony
acquired
-
-
1,901
-
Jun 01, 2024
edwards jeffrey n
acquired
-
-
1,901
-
Jun 01, 2024
walfish marc jay
acquired
-
-
1,901
-
Jun 01, 2024
boyce michael ross
acquired
-
-
1,901
-
Jun 01, 2024
dietrich john w
acquired
-
-
1,901
-
Jun 01, 2024
vogel jennifer l
acquired
-
-
1,901
-
May 06, 2024
jessup christopher a.
acquired
600,290
37.6854
15,929
senior vice president-cco

1–10 of 50

Which funds bought or sold AIR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
283
28,751
37,612
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
-3,000
74,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-29,000
682,000
0.01%
May 28, 2024
Boston Partners
new
-
25,794,500
25,794,500
0.03%
May 24, 2024
Cetera Investment Advisers
new
-
285,400
285,400
-%
May 16, 2024
Global Financial Private Client, LLC
reduced
-23.3
-126,037
330,606
0.14%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-36.31
-724,448
1,138,130
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-0.36
-97,330
2,115,690
-%
May 16, 2024
COMERICA BANK
reduced
-8.33
-132,375
965,928
-%
May 15, 2024
Voya Investment Management LLC
reduced
-18.9
-190,832
669,227
-%

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
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
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading

AAR Corp News

Latest updates
MarketBeat28 hours ago
Defense World10 Jun 202411:57 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.0%567545550553521470446476452437455438410404401417553561542563530
Gross Profit6.7%110103101-94.0086.0082.00--------------
Costs and Expenses----517485437415444421406440417371382398430548533519533500
  S&GA Expenses17.2%77.0066.0075.0071.0057.0053.0050.0057.0049.0047.0049.0049.0045.0043.0045.0047.0058.0057.0058.0063.0055.00
Interest Expenses91.9%12.006.006.005.004.002.001.001.001.001.001.001.001.001.002.003.002.002.002.002.003.00
Income Taxes-17.7%7.008.00-6.907.008.008.008.007.008.008.004.005.0012.005.00-3.80-4.000.006.003.000.00-0.60
Net Income-41.2%14.0024.00-0.6023.0022.0023.0023.0024.0023.0021.0012.0014.0028.008.00-14.50-16.502.0014.004.0023.00-37.40
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 Cashflow44.6%15.0010.00-27.8038.008.00-52.200.0033.0012.0013.001.0020.0015.0024.0036.00-32.501.009.00-36.90--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.9%2,0221,9661,9541,8331,6731,6471,5991,5741,5521,5301,5361,5401,6431,6691,7142,0791,8291,7551,6831,5171,547
  Current Assets3.9%1,2411,1941,2071,0981,0681,0601,0351,0079779479459371,0281,0421,0741,4391,1581,0721,022953993
    Cash Equivalents6.3%69.0065.0070.0068.0054.0051.0048.0059.0041.0043.0049.0060.0099.0011010842537.0038.0040.0021.0029.00
  Inventory4.0%672646614574574595576551535532526541564585598623622580554524515
  Net PPE1.1%134133131126120114111110107106109120124125127136137134133133134
  Goodwill1.9%179176177176---116---119---116117117116116117
  Current Liabilities12.7%428380394352332324358348343320324337388408394383485407396358360
  Long Term Debt-0.1%27527530527018619711499.00103103128134206220255600206196202142177
    LT Debt, Non Current-0.1%27527530527018619711499.00103103128134206220255600206196202142177
Shareholder's Equity1.1%1,1681,1561,1221,0991,0681,0351,0371,0351,0181,007988974932901891903929922910710899
  Retained Earnings1.5%948934910911887866843820797774753742728700691706725725714710690
  Additional Paid-In Capital0.7%489486482485481479477478481482480480477475473479482479476479475
Accumulated Depreciation0.5%278277273269261257260258258255270260253248244247245240236232226
Shares Outstanding-0.2%35.0036.0035.00-35.0034.0035.00-35.0035.0035.00-35.0035.0035.00-35.0035.0035.00-35.00
Float------1,524---1,105---952---1,474---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations17.2%20,40017,400-18,70045,20017,400-46,1006,80040,10015,90016,3002,90022,60017,10026,60038,900-27,2009,00014,500-32,40042,90060,000
  Share Based Compensation0%3,6003,6004,3003,1003,5002,8004,1002,4001,1001,6003,1002,4002,3001,8002,700-3,0003,2002,8004,3004,7003,600
Cashflow From Investing25.3%-6,500-8,700-11,600-110,700-9,000-7,600-10,700-9,600-4,2002,200-4,900-2,800-3,3007,300-1,700-4,800-8,300-8,200-3,500-5,200-4,400
Cashflow From Financing75.2%-5,800-23,40038,70093,200-5,50056,500-6,500-14,500-15,200-24,600-5,500-72,300-14,300-35,000-347,900391,90011,500-11,70052,800-46,900-46,000
  Dividend Payments---------------1002,6002,6002,6002,9002,6002,600
  Buy Backs------28,20021,90022,20020,200--------4,100-9,500800
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AIR Income Statement

2024-02-29
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended9 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:    
Cost457.0426.81,347.41,175.2
Gross profit110.394.3315.0262.0
Provision for credit losses0.11.90.51.8
Selling, general and administrative77.056.7217.4159.6
Loss from joint ventures(0.2)(1.7)(0.5)(3.0)
Operating income33.034.096.697.6
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 income0.60.31.60.5
Income from continuing operations before income taxes20.529.844.791.0
Income tax expense6.58.07.524.4
Income from continuing operations14.021.837.266.6
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 - basic0.400.631.051.91
Earnings per share - diluted:    
Earnings from continuing operations0.390.621.041.87
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:    
Cost257.5260.5788.8709.3
Services    
Sales:    
Sales237.4193.5674.8545.8
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 cash14.413.4
Accounts receivable, less allowances of $13.9 and $13.4, respectively257.1241.3
Contract assets86.586.9
Inventories671.5574.1
Rotable assets and equipment on or available for short-term lease74.550.6
Assets of discontinued operations10.813.5
Prepaid expenses and other current assets56.749.7
Total current assets1,240.71,097.9
Property, plant and equipment, at cost:  
Property, plant, and equipment, net of accumulated depreciation of $278.2 and $268.8, respectively134.1126.1
Other assets:  
Goodwill179.4175.8
Intangible assets, net of accumulated amortization of $9.3 and $6.0, respectively60.463.7
Operating lease right-of-use assets, net89.563.7
Rotable assets supporting long-term programs177.9178.1
Other non-current assets139.8127.8
Total other assets647.0609.1
Total assets2,021.81,833.1
Current liabilities:  
Accounts payable230.3158.5
Accrued liabilities187.4179.6
Liabilities of discontinued operations10.513.4
Total current liabilities428.2351.5
Long-term debt274.7269.7
Operating lease liabilities73.048.2
Deferred tax liabilities37.033.6
Other liabilities40.931.0
Total noncurrent liabilities425.6382.5
Equity:  
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 45,300,786 shares at cost45.345.3
Capital surplus489.3484.5
Retained earnings947.8910.6
Treasury stock, 9,873,730 and 10,385,237 shares at cost, respectively(305.7)(317.8)
Accumulated other comprehensive loss(8.7)(23.5)
Total equity1,168.01,099.1
Total liabilities and equity$ 2,021.8$ 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
 WEBSITEaarcorp.com
 INDUSTRYAerospace & Defense
 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 Thu Jun 13 2024, market cap of AAR Corp is 2.39 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 Thu Jun 13 2024, AIR's PE ratio (Price to Earnings) is 39.59 and Price to Sales (PS) ratio is 1.08. 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 0.1 (multiply by 100 for percentage) rate of return.