AIR Stock - AAR Corp.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.78B | $2.32B | $1.99B | $1.82B | $1.65B |
| Gross Profit | $527.70M | $442.30M | $370.10M | $313.20M | $275.90M |
| Gross Margin | 19.0% | 19.1% | 18.6% | 17.2% | 16.7% |
| Operating Income | $185.20M | $129.20M | $133.90M | $106.90M | $85.20M |
| Net Income | $12.50M | $46.30M | $90.20M | $78.70M | $35.80M |
| Net Margin | 0.4% | 2.0% | 4.5% | 4.3% | 2.2% |
| EPS | $0.35 | $1.30 | $2.56 | $2.19 | $1.01 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | Jefferies | Initiation | Buy | $100 |
| January 16th 2025 | KeyBanc Capital Markets | Initiation | Overweight | $83 |
| January 29th 2024 | William Blair | Initiation | Outperform | - |
| December 1st 2023 | Stifel | Initiation | Buy | $80 |
Earnings History & Surprises
AIREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 26, 2026 | $1.09 | — | — | — |
Q1 2026 | Jan 6, 2026 | $1.02 | $1.18 | +15.7% | ✓ BEAT |
Q3 2025 | Sep 23, 2025 | $0.98 | $1.08 | +9.8% | ✓ BEAT |
Q3 2025 | Jul 16, 2025 | $1.00 | $1.16 | +16.0% | ✓ BEAT |
Q1 2025 | Mar 27, 2025 | $0.96 | $0.99 | +3.1% | ✓ BEAT |
Q1 2025 | Jan 7, 2025 | $0.83 | $0.90 | +8.4% | ✓ BEAT |
Q3 2024 | Sep 23, 2024 | $0.82 | $0.85 | +3.7% | ✓ BEAT |
Q3 2024 | Jul 18, 2024 | $0.86 | $0.88 | +2.3% | ✓ BEAT |
Q1 2024 | Mar 21, 2024 | $0.84 | $0.85 | +1.7% | ✓ BEAT |
Q4 2023 | Dec 21, 2023 | $0.80 | $0.81 | +1.3% | ✓ BEAT |
Q3 2023 | Sep 26, 2023 | $0.73 | $0.78 | +6.8% | ✓ BEAT |
Q3 2023 | Jul 18, 2023 | $0.78 | $0.83 | +6.4% | ✓ BEAT |
Q1 2023 | Mar 21, 2023 | $0.70 | $0.75 | +7.1% | ✓ BEAT |
Q4 2022 | Dec 20, 2022 | $0.68 | $0.69 | +1.5% | ✓ BEAT |
Q3 2022 | Sep 22, 2022 | $0.57 | $0.61 | +7.0% | ✓ BEAT |
Q3 2022 | Jul 21, 2022 | $0.67 | $0.72 | +7.5% | ✓ BEAT |
Q1 2022 | Mar 22, 2022 | $0.58 | $0.63 | +8.6% | ✓ BEAT |
Q4 2021 | Dec 21, 2021 | $0.54 | $0.53 | -1.9% | ✗ MISS |
Q3 2021 | Sep 23, 2021 | $0.49 | $0.52 | +6.1% | ✓ BEAT |
Q3 2021 | Jul 20, 2021 | $0.47 | $0.47 | 0.0% | = MET |
Latest News
AAR Corp. shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY26 sales guidance above estimates. Multiple analyst firms raised their respective price targets on the stock.
📈 PositiveRBC Capital Maintains Outperform on AAR, Raises Price Target to $105
📈 PositiveTruist Securities Maintains Buy on AAR, Raises Price Target to $99
📈 PositiveAAR Sees FY2026 Sales $3.253B vs $3.151B Est
📈 PositiveAAR Sees Q3 Sales $813.840M-$827.404M vs $793.438M Est.
📈 PositiveAAR Q2 Adj. EPS $1.18 Beats $1.04 Estimate, Sales $795.300M Beat $761.133M Estimate
📈 PositiveAAR's Two Subsidiaries Selected By Thai Airways To Enhance Its Digital MRO Transformation
📈 PositiveAAR Starts Execution Of Exclusive Commercial Distribution Agreement With TRIUMPH To Be Distributor Of Commercial Actuation Product Line
📈 PositiveAAR Corp To Purchase Aircraft Reconfig Technologies From ZIM Aircraft Cabin Solutions For $35M In An All-Cash Transaction
📈 PositiveAAR CORP.'S Subsidiary Airinmar Signs Multi-Year Support Services Extension With Air Methods
📈 PositiveAAR Signs Multi-Year Extension Of Exclusive Distribution Agreement With Collins Aerospace
📈 PositiveAAR Signs Multi-Year Extension Of Exclusive, Global Distribution Agreement With Arkwin Industries
📈 PositiveAAR Appoints Sarah Flanagan Interim CFO, Effective Dec. 11, Succeeding Sean Gillen
➖ NeutralRBC Capital Maintains Outperform on AAR, Raises Price Target to $90
📈 PositiveAAR Acquires HAECO Americas For $78M In Cash From HAECO Group
📈 PositiveAAR Becomes An Aerospace Authorized Service Center For Europe, Middle East, And Africa For Eaton
📈 PositiveAAR's Unit Awarded Contract To Offer Aircraft Warranty Management, Value Engineering Services To Malaysia Airlines
📈 PositiveAAR shares are trading lower after the company priced a public offering of 3 million common shares at $83/share.
📉 NegativeAAR shares are trading lower after the company announced a public offering of 3,000,000 shares of common stock.
📉 NegativeKeybanc Maintains Overweight on AAR, Raises Price Target to $93
📈 PositiveFrequently Asked Questions about AIR
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