Stocks Industrials AIR
NYSE · IndustrialsAar Corp (AIR)
Aar Corp brought in $3.5B of revenue over the twelve months to August 31, 2026, up 22.0% from a year earlier. Net income was $193.4M, a net margin of 5.5%. Operating cash flow minus capital spending left $62.1M of free cash flow in fiscal 2026. At August 31, 2026 it held $104.5M in cash against $879.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 29, 2026.
Key facts about Aar Corp
- Net worth
- Aar Corp has a market value (market cap) of $4.7B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $3.3B (+19.0% year on year), with net income of $187.7M. Over the 12 months to August 31, 2026: revenue $3.5B, net income $193.4M.
- Cash flow
- In fiscal 2026 operations brought in $98.7M of cash; after $36.6M of capital spending, free cash flow was $62.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 29, 2026 and covers the period to August 31, 2026. Open on SEC EDGAR
- Next earnings report
- Aar Corp's next report is expected around January 5, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Aar Corp does
Aar Corp is registered with the SEC under industry code SIC 3720 (Aircraft & Parts). Its shares trade on NYSE under the ticker AIR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $3.3B | $187.7M | $4.86 | $62.1M |
| 2025 | $2.8B | $12.5M | $0.35 | $1.4M |
| 2024 | $2.3B | $46.3M | $1.29 | $13.9M |
| 2023 | $2B | $90.2M | $2.53 | -$6.2M |
| 2022 | $1.8B | $78.7M | $2.17 | $57.9M |
| 2021 | $1.7B | $35.8M | $1.00 | $93.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where AIR ranks in Industrials
Dividends
It paid out $100K in cash dividends, 0% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2021 | n/a | $100K | 0% |
| 2020 | n/a | $10.7M | 243% |
| 2019 | $0.30 | $10.5M | 140% |
| 2018 | $0.30 | $10.3M | 66% |
| 2017 | $0.30 | $10.2M | 18% |
| 2016 | n/a | $10.4M | n/a |
Latest SEC filings
What Aar Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 2, 2026
- October 27, 2026
- October 26, 2026
- October 1, 2026
- September 29, 2026Quarterly report10-Q · period to August 31, 2026AAR CORP. reported higher sales and net income for the first quarter ended August 31, 2026.Revenue rose 24% to $918M versus the same quarter last year; diluted EPS $1.00 versus $0.95.
- September 29, 2026Material agreement8-KAAR CORP agreed to acquire a 65% controlling interest in MRO Holdings for an estimated cash price of $1,819,174,310 plus preferred stock valued at $780,825,690.
- September 28, 2026Quarterly results8-KAAR CORP reported a 24% increase in first quarter fiscal 2027 sales to $918 million and agreed to acquire a controlling interest in MRO Holdings.
- September 24, 2026Executive or director change8-KAAR CORP stockholders approved a new 2026 stock incentive plan and passed all proposals at the annual meeting.
- August 10, 2026Additional proxy material DEFA14A
- August 4, 2026
What is AIR worth? A DCF from its reported cash flow
Insider trades
What the people running Aar Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $4.3M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 29, 2026 | Lord Ellen M.Director | Sold | 4,341 | $454.2K |
| October 26, 2026 | Holmes John McClain IIIChairman, President & CEO, Director | Sold | 35,000 | $3.4M |
| October 20, 2026 | Lord Ellen M.Director | Sold | 4,241 | $425.1K |
| July 31, 2026 | Holmes John McClain IIIChairman, President & CEO, Director | Shares withheld for tax | 34,143 | $4.8M |
| July 31, 2026 | Holmes John McClain IIIChairman, President & CEO, Director | Shares withheld for tax | 6,220 | $871K |
| July 31, 2026 | Garascia Jessica A.Senior VP, GC, CAO & Secretary | Shares withheld for tax | 5,635 | $789.1K |
| July 31, 2026 | Garascia Jessica A.Senior VP, GC, CAO & Secretary | Shares withheld for tax | 1,028 | $144K |
| July 31, 2026 | Jessup Christopher A.Senior Vice President-CCO | Shares withheld for tax | 7,098 | $994K |
Who owns AIR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 5.4% | April 28, 2026 |
| Vanguard Capital Management13G, passive | 5% | April 29, 2026 |
Largest institutional holders
Insiders
14 insiders reported holding 918,739 shares in total, about $106.2M at the last price.
| Holder | Shares |
|---|---|
| Holmes John McClain IIIChairman, President & CEO, Director | 406,362 |
| Walfish Marc JayDirector | 133,104 |
| Boyce Michael RossDirector | 100,904 |
| Jessup Christopher A.Senior Vice President-CCO | 78,045 |
| Garascia Jessica A.Senior VP, GC, CAO & Secretary | 36,352 |
| Flanagan Sarah LouiseInterim CFO VP Fin Ops | 32,848 |
| Pace PeterDirector | 25,485 |
| Pachapa EricVP-CAO & Controller | 25,187 |
| Vogel Jennifer LDirector | 24,334 |
| Leduc Robert FDirector | 18,689 |
Questions about AIR
What does Aar Corp do?
Aar Corp is a company in the Industrials sector, listed on NYSE as AIR. Its shares trade on NYSE under the ticker AIR.
What is Aar Corp's net worth?
Aar Corp has a market value (market cap) of $4.7B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Aar Corp profitable?
Yes. Over the twelve months to August 31, 2026 it reported net income of $193.4M on revenue of $3.5B, a net margin of 5.5%.
How much revenue does Aar Corp make?
Over the twelve months to August 31, 2026 Aar Corp reported revenue of $3.5B. That is 22.0% more than a year earlier.
When did Aar Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on September 29, 2026. It covers the period to August 31, 2026. Its newest filing of any kind is the investor disclosure from November 2, 2026.
When is Aar Corp's next earnings report?
Aar Corp's next report is expected around January 5, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Aar Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.