AAR Corp. (AIR)
NYSE:AIR
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AIR Stock Chart & Stats
$123.04
$5.53(8.96%)
At close: 4:00 PM EST
$123.04
$5.53(8.96%)
Day’s Range― - ―
52-Week Range$64.99 - $127.21
Previous CloseN/A
Volume349.60K
Average Volume (3M)373.92K
Market Cap
$4.40B
Enterprise Value$5.36B
Total Cash (Recent Filing)$100.10M
Total Debt (Recent Filing)$979.70M
Price to Earnings (P/E)24.6
Beta1.23
Next Earnings
Jul 21, 2026EPS Estimate
1.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.55
Shares Outstanding39,764,267
10 Day Avg. Volume336,279
30 Day Avg. Volume373,919
Financial Highlights & Ratios
PEG Ratio-2.39
Price to Book (P/B)1.80
Price to Sales (P/S)0.79
P/FCF Ratio1.56K
Enterprise Value/Market Cap1.22
Enterprise Value/Revenue1.71
Enterprise Value/Gross Profit9.00
Enterprise Value/Ebitda16.26
Forecast
1Y Price Target
$133.75Price Target Upside8.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)5.62
Revenue Forecast (FY)$3.62B
Bulls Say, Bears Say
Bulls Say
Parts Distribution StrengthSustained, high-growth parts distribution increases recurring, flight-driven revenue and higher-margin cash flow. Scale, procurement networks and inventory programs strengthen competitive position versus ad-hoc suppliers and support durable revenue diversification across cycles.
Government Contract VisibilityLarge multiyear defense contracts provide multi-year revenue visibility and steady demand less sensitive to commercial cycles. A ~27%–30% government mix cushions cyclicality, supports utilization of MRO capacity, and underpins durable backlog and cashflow predictability.
Recurring Software (Trax) MomentumRecurring, higher-margin software revenue diversifies AAR from pure MRO/product cycles. Trax scaling across airlines increases sticky annuity-like cash flows, improves gross margin profile and offers cross-sell leverage with parts and logistics over the medium term.
Bears Say
Inconsistent Cash ConversionWeak and volatile cash conversion undermines the reliability of earnings as a funding source for capex, acquisitions and debt reduction. Persistent gaps between net income and operating cash flow increase refinancing and execution risk if revenues or margins slip.
Integration & Margin Dilution RiskAcquisition integration and facility transitions are creating operational disruption and margin dilution. Delays realizing synergies or higher restructuring costs can depress operating margins for several quarters, stressing margin sustainability targets.
Elevated Leverage Vs. HistoryAlthough leverage has fallen into target ranges, absolute debt is higher than pre-2024 levels. Elevated leverage reduces financial flexibility, increases sensitivity to cashflow volatility and limits the company's cushion for cyclical downturns or opportunistic investments.
AAR News
AIR FAQ
What was AAR Corp.’s price range in the past 12 months?
AAR Corp. lowest stock price was $64.98 and its highest was $127.21 in the past 12 months.
What is AAR Corp.’s market cap?
AAR Corp.’s market cap is $4.40B.
When is AAR Corp.’s upcoming earnings report date?
AAR Corp.’s upcoming earnings report date is Jul 21, 2026 which is in 46 days.
How were AAR Corp.’s earnings last quarter?
AAR Corp. released its earnings results on Mar 24, 2026. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.154 by $0.096.
Is AAR Corp. overvalued?
According to Wall Street analysts AAR Corp.’s price is currently Undervalued.
Does AAR Corp. pay dividends?
AAR Corp. pays a Quarterly dividend of $0.075 which represents an annual dividend yield of N/A. See more information on AAR Corp. dividends here
What is AAR Corp.’s EPS estimate?
AAR Corp.’s EPS estimate is 1.38.
How many shares outstanding does AAR Corp. have?
AAR Corp. has 39,764,267 shares outstanding.
What happened to AAR Corp.’s price movement after its last earnings report?
AAR Corp. reported an EPS of $1.25 in its last earnings report, beating expectations of $1.154. Following the earnings report the stock price went up 9.934%.
Which hedge fund is a major shareholder of AAR Corp.?
Currently, no hedge funds are holding shares in AIR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
AAR Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$133.75 (8.70% Upside)
$133.75 (8.70% Upside)
Blogger Sentiment
Bullish
AIR Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $10.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 11.1%
Last 30 Days ▼ 11.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.65%
12-Months-Change
Fundamentals
Return on Equity
12.07%
Trailing 12-Months
Asset Growth
16.56%
Trailing 12-Months
Company Description
AAR Corp.
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.
AIR Company Deck
AIR Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based revenue and profitability growth driven by parts distribution, favorable government demand, accretive M&A (ADI), and Trax software momentum. Near-term lowlights center on margin dilution and operational work required from the HAECO Americas integration, plus facility transitions and geopolitical uncertainty. Management provided improved guidance and clear timelines for integration-driven margin recovery, and cash flow/leverage metrics remained strong.View all AIR earnings summariesAIR Stock 12 Month Forecast
Average Price Target
$133.75
▲(8.70% Upside)
Technical Analysis
Ownership Overview
2.08% Insiders
31.64% Mutual Funds
32.48% Other Institutional Investors
2.84% Public Companies and Individual Investors