AAR Corp (AIR)

Industrials | Aerospace Defense
Income Statement (Quarterly) 2025-08-31 2025-02-28 2024-11-30 2024-08-31
Revenue 739,600,000 678,200,000 686,100,000 661,700,000
Cost of Revenue 605,900,000 546,500,000 557,500,000 544,500,000
Gross Profit 133,699,999 131,700,000 128,600,000 117,200,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 71,200,000 61,300,000 133,100,000 75,900,000
Operating Expenses 68,800,000 60,600,000 130,900,000 73,800,000
Operating Income 64,900,000 71,100,000 -2,300,000 43,400,000
Interest Expense 18,800,000 18,500,000 19,300,000 18,800,000
Income Before Tax 47,000,000 -11,100,000 -22,500,000 24,900,000
Income Tax Expense 12,600,000 -2,200,000 8,100,000 6,900,000
Net Income 34,400,000 -8,900,000 -30,600,000 18,000,000
Per Share
EPS 0.96 -0.25 -0.51 0.51
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-05-31 2024-05-31 2023-12-31 2023-08-31 2023-05-31
Revenue 2,780,500,000 2,318,900,000 2,318,900,000 1,990,500,000 1,990,500,000
Cost of Revenue 2,252,800,000 1,876,600,000 1,876,600,000 1,620,400,000 1,620,400,000
Gross Profit 527,700,000 442,300,000 442,300,000 370,100,000 370,100,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 347,700,000 280,200,000 280,200,000 230,400,000 230,400,000
Operating Expenses 342,500,000 313,100,000 313,100,001 233,000,000 233,000,000
Operating Income 185,200,000 129,200,000 129,200,000 133,900,000 133,900,000
Interest Expense 75,400,000 43,200,000 43,200,000 11,200,000 11,200,000
Income Before Tax 38,900,000 58,300,000 58,300,000 121,200,000 121,200,000
Income Tax Expense 26,400,000 12,000,000 12,000,000 31,400,000 31,400,000
Net Income 12,500,000 46,300,000 46,300,000 90,200,000 90,200,000
Per Share
EPS 0.35 1.30 1.30 2.62 2.56
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-05-31 2024-05-31 2023-05-31 2022-05-31
Assets
Cash and Cash Equivalents 96,500,000 85,800,000 68,400,000 53,500,000
Short Term Investments 0 0 0 0
Net Receivables 495,100,000 410,400,000 328,200,000 287,600,000
Inventory 809,200,000 733,100,000 574,100,000 550,500,000
Total Current Assets 1,510,600,000 1,389,600,000 1,097,900,000 1,007,200,000
Property Plant Equipment 251,800,000 268,300,000 189,800,000 182,600,000
Goodwill and Intangibles 750,399,999 790,200,000 239,500,000 119,700,000
Total Assets 2,844,600,000 2,770,000,000 1,833,100,000 1,573,900,000
Liabilities
Account Payables 303,100,000 238,000,000 158,500,000 156,400,000
Short Term Debt 12,300,000 0 -19,700,000 11,100,000
Total Current Liabilities 554,700,000 466,900,000 351,500,000 348,200,000
Long Term Debt 1,047,600,000 1,065,700,000 317,900,000 156,300,000
Total Liabilities 1,633,000,000 1,580,200,000 734,000,000 539,400,000
Shareholders Equity
Retained Earnings 969,400,000 956,900,000 910,600,000 820,400,000
Total Shareholders Equity 1,211,600,000 1,189,800,000 1,099,100,000 1,034,500,000
Balance Sheet (Annual) 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31
Assets
Cash and Cash Equivalents 96,500,000 85,800,000 68,400,000 53,500,000 51,800,000
Short Term Investments 0 0 0 0 0
Net Receivables 495,100,000 410,400,000 328,200,000 287,600,000 238,600,000
Inventory 809,200,000 733,100,000 574,100,000 550,500,000 540,600,000
Total Current Assets 1,510,600,000 1,389,600,000 1,097,900,000 1,007,200,000 937,000,000
Property Plant Equipment 251,800,000 268,300,000 189,800,000 182,600,000 195,800,000
Goodwill and Intangibles 750,399,999 790,200,000 239,500,000 119,700,000 123,800,000
Total Assets 2,844,600,000 2,770,000,000 1,833,100,000 1,573,900,000 1,539,700,000
Liabilities
Account Payables 303,100,000 238,000,000 158,500,000 156,400,000 127,200,000
Short Term Debt 12,300,000 0 -19,700,000 11,100,000 0
Total Current Liabilities 554,700,000 466,900,000 351,500,000 348,200,000 336,800,000
Long Term Debt 1,047,600,000 1,065,700,000 317,900,000 156,300,000 193,600,000
Total Liabilities 1,633,000,000 1,580,200,000 734,000,000 539,400,000 565,300,000
Shareholders Equity
Retained Earnings 969,400,000 956,900,000 910,600,000 820,400,000 741,700,000
Total Shareholders Equity 1,211,600,000 1,189,800,000 1,099,100,000 1,034,500,000 974,400,000
Cash Flow Statement (Quarterly) 2025-05-31 2024-05-31 2023-12-31 2023-08-31
Operating Activities
Net Income 0 46,300,000 45,800,000 89,800,000
Depreciation & Amortization 55,200,000 41,200,000 41,200,000 27,900,000
Stock Based Compensation 0 15,300,000 15,300,000 13,500,000
Change in Working Capital -112,300,000 -66,100,000 -66,099,999 -111,000,000
Operating Cash Flow 36,100,000 43,600,000 43,600,000 23,300,000
Investing Activities
Capital Expenditure -34,700,000 -29,700,000 -29,700,000 -29,500,000
Investments 0 -29,700,000 -29,700,000 -29,500,000
Investing Cash Flow 10,700,000 -758,500,000 -758,500,000 -138,000,000
Financing Activities
Debt Repayment -20,000,000 725,000,000 -714,700,000 0
Common Stock Issued/Repurchased -10,100,000 -5,100,000 14,500,000 -50,100,000
Dividends Paid 0 0 0 0
Financing Cash Flow -33,700,000 729,200,000 729,200,000 137,700,000
Summary
Free Cash Flow 1,400,000 13,900,000 13,900,000 -6,200,000
Net Change in Cash 13,100,000 14,300,000 14,300,000 22,900,000
Cash Flow Statement (Annual) 2025-05-31 2024-05-31 2023-12-31 2023-08-31 2023-05-31
Operating Activities
Net Income 0 46,300,000 45,800,000 89,800,000 89,800,000
Depreciation & Amortization 55,200,000 41,200,000 41,200,000 27,900,000 27,900,000
Stock Based Compensation 0 15,300,000 15,300,000 13,500,000 13,500,000
Change in Working Capital -112,300,000 -66,100,000 -66,099,999 -111,000,000 -111,000,000
Operating Cash Flow 36,100,000 43,600,000 43,600,000 23,300,000 23,300,000
Investing Activities
Capital Expenditure -34,700,000 -29,700,000 -29,700,000 -29,500,000 -29,500,000
Investments 0 -29,700,000 -29,700,000 -29,500,000 -29,500,000
Investing Cash Flow 10,700,000 -758,500,000 -758,500,000 -138,000,000 -138,000,000
Financing Activities
Debt Repayment -20,000,000 725,000,000 -714,700,000 0 -172,000,000
Common Stock Issued/Repurchased -10,100,000 -5,100,000 14,500,000 -50,100,000 -32,400,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow -33,700,000 729,200,000 729,200,000 137,700,000 137,700,000
Summary
Free Cash Flow 1,400,000 13,900,000 13,900,000 -6,200,000 -6,200,000
Net Change in Cash 13,100,000 14,300,000 14,300,000 22,900,000 22,900,000