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AAR Corp. (AIR) is a industrials company in the aerospace & defense industry with $3.31B in trailing revenue trading at a 23.8× trailing P/E — analyst consensus: buy.
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.
Key Statistics
Market Cap
$4.67B
Revenue (TTM)
$3.31B
EPS (TTM)
$4.87
EPS (Fwd est.)
$6.54
Employees
7,100
Trailing P/E
23.84
Forward P/E
17.75
PEG Ratio
2.40
Price / Sales
1.41
Price / Book
2.68
EV / EBITDA
16.02
Beta (5Y)
1.11
Analyst Consensus
Consensus
Buy
Analyst Price Target
+25.1% upside
Target: $145.20
Annual Revenue & Net Income
RevenueNet Income
'23
$1.99B
$90.00M
'24
$2.32B
$50.00M
'25
$2.78B
$10.00M
'26
$3.31B
$190.00M
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$1.53
$1.38
Beat (+10.5%)
Mar 2026
$1.25
$1.16
Beat (+8.1%)
Jan 2026
$1.18
$1.03
Beat (+14.2%)
Sep 2025
$1.08
$0.98
Beat (+9.8%)
Next Earnings Report
AAR Corp. is next expected to report earnings on 29 Sep 2026.
Profitability
18.8%
8.4%
5.7%
Gross MarginOperating MarginNet Margin
Revenue Growth (YoY)
23.0%
Return on Equity
12.9%
Return on Assets
5.5%
Balance Sheet
Cash & Equivalents
$80.00M
Total Debt
$1.01B
Net Position
$930.00M (net debt)
Free Cash Flow (TTM)
$-50.00M
Debt / Equity
59.40
Share Ownership
Institutions 102.6%
Insiders 2.5%
Institutional figure exceeds 100% due to short selling
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…
What is AIR's market cap?
AAR Corp. has a market capitalization of approximately $4.67B.
What is AIR's P/E ratio?
AAR Corp. trades at a trailing P/E ratio of 23.8x and a forward P/E of 17.8x, which is below the broad market average of ~25x.
How much revenue does AIR generate?
AAR Corp. generated $3.31B in trailing 12-month revenue.
What do analysts say about AIR?
The analyst consensus rating for AAR Corp. is buy, with a mean price target of $145.20. That implies +25.1% upside from the current price.
When does AIR report earnings?
AAR Corp. is next scheduled to report earnings on 29 Sep 2026.
Does AIR pay a dividend?
AAR Corp. does not currently pay a regular dividend.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for AAR Corp. on Apsis Markets.