Inside the research
AAR Corp.
AIR Research profile · latest available data
Price overview
$116.11
▼ -4.45 (-3.7%)
| 52w hi | $153.71 |
|---|---|
| 52w lo | $77.35 |
| Vol | 383.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score +2.87
| Short | +6.05 |
|---|---|
| Medium | +1.11 |
| Long | +0.06 |
computed 2026-09-27
Key fundamentals
AAR Corp.
Industrials · Aerospace & Defense
| Market cap | $4.67B |
|---|---|
| Enterprise value | $5.50B |
| Trailing P/E | 23.84x |
| Forward P/E | 17.75x |
| EV / EBITDA | 16.02x |
| P / S (ttm) | 1.41x |
| Profit margin | 5.7% |
| Return on equity | 12.9% |
| Revenue growth | +23.0% |
| Earnings growth | +32.3% |
| Debt / equity | 59.40 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.33 | |
| Sector | -0.07 | |
| Technical | -0.04 | |
| Earnings | +0.88 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.34 |
|---|---|
| Corr SPX | 0.51 |
| Annual vol | 42.2% |
| Annual ret | +34.8% |
| Sharpe | 0.82 |
| Max DD | -32.8% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $131.00 |
|---|---|
| High / Low | $150.00 / $123.00 |
| Median | $128.00 |
| Analysts | 6 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 5 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-09 | Keybanc | → Overweight |
| 2026-03-26 | Jefferies | → Buy |
| 2026-03-25 | RBC Capital | → Outperform |
| 2026-03-25 | Keybanc | → Overweight |
| 2026-03-06 | Truist Securities | → Buy |
| 2026-02-23 | Jefferies | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-24 | Officer / Director Change, Exhibits | read |
| 2026-07-21 | Earnings Release, Exhibits | read |
| 2026-05-12 | Reg FD Disclosure, Exhibits | read |
| 2026-05-06 | Reg FD Disclosure, Exhibits | read |
| 2026-04-24 | Reg FD Disclosure, Other Material Event… | read |
| 2026-03-24 | Earnings Release, Exhibits | read |
| 2026-02-11 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-01-06 | Earnings Release, Exhibits | read |
| 2025-12-17 | Reg FD Disclosure, Other Material Event… | read |
| 2025-12-04 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-11-13 | Reg FD Disclosure, Exhibits | read |
| 2025-11-03 | Reg FD Disclosure, Other Material Event… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-31 | Pachapa Eric | VP-CAO & Controller | Withheld for tax | 3.37K | $471.23K |
| 2026-07-31 | Pachapa Eric | VP-CAO & Controller | Withheld for tax | 614 | $85.98K |
| 2026-07-31 | Jessup Christopher A. | Senior Vice President-CCO | Withheld for tax | 7.10K | $994.00K |
| 2026-07-31 | Jessup Christopher A. | Senior Vice President-CCO | Withheld for tax | 1.29K | $181.21K |
| 2026-07-31 | Garascia Jessica A. | Senior VP, GC, CAO & Secr | Withheld for tax | 5.63K | $789.13K |
| 2026-07-31 | Garascia Jessica A. | Senior VP, GC, CAO & Secr | Withheld for tax | 1.03K | $143.96K |
| 2026-07-31 | Holmes John McClain III | Chairman, President & CEO | Withheld for tax | 34.14K | $4.78M |
| 2026-07-31 | Holmes John McClain III | Chairman, President & CEO | Withheld for tax | 6.22K | $871.05K |
| 2026-07-23 | Pachapa Eric | VP-CAO & Controller | Grant | 1.39K | — |
| 2026-07-23 | Pachapa Eric | VP-CAO & Controller | Grant | 2.09K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 97.6% |
| HHI | 5,744 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $405.06M | 2.83M |
| Fidelity / FMR LLC | $56.02M | 391.95K |
| Capital Research / Capital World | $47.90M | 335.11K |
| Norges Bank (Norway sovereign) | $11.59M | 81.06K |
| AQR Capital Management | $10.37M | 72.57K |
| Millennium Management | $8.98M | 62.82K |
| Citadel Advisors | $3.24M | 22.70K |
| Bridgewater Associates | $576.58K | 4.03K |
| T. Rowe Price Group | $7.48K | 52.35K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | -12.9% |
Annual dividend per share
| 2015 | $0.30 |
|---|---|
| 2016 | $0.30 |
| 2017 | $0.30 |
| 2018 | $0.30 |
| 2019 | $0.30 |
| 2020 | $0.15 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.59B | +2.0% | |
| Gross profit | $370.10M | +12.6% | |
| Net income | $90.20M | +3.4% | |
| Cash from ops | $36.10M | -8.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $120.70 | $122.00 | $115.92 | $116.11 | 383.20K |
| Sep 24 | $118.89 | $121.52 | $117.47 | $120.56 | 380.40K |
| Sep 23 | $116.12 | $119.94 | $115.53 | $119.46 | 353.10K |
| Sep 22 | $117.81 | $118.91 | $115.69 | $117.75 | 491.70K |
| Sep 21 | $114.27 | $116.79 | $113.32 | $116.26 | 364.80K |
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