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Aar Corp  (AIR)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 
Price: $62.9400 $0.09 0.143%
Day's High: $63.42 Week Perf: -1.35 %
Day's Low: $ 62.42 30 Day Perf: -8.52 %
Volume (M): 345 52 Wk High: $ 73.95
Volume (M$): $ 21,733 52 Wk Avg: $59.70
Open: $62.79 52 Wk Low: $50.06



 Market Capitalization (Millions $) 2,236
 Shares Outstanding (Millions) 36
 Employees 4,850
 Revenues (TTM) (Millions $) 2,169
 Net Income (TTM) (Millions $) 68
 Cash Flow (TTM) (Millions $) 24
 Capital Exp. (TTM) (Millions $) 33

Aar Corp

AAR was founded in 1951, organized in 1955 and reincorporated in Delaware in 1966. We are a diversified provider of products and services to the worldwide aviation and government and defense markets.

Aviation Services, comprised of supply chain and MRO activities and Expeditionary Services, comprised of airlift and mobility activities. This new presentation reflects the way our chief operating decision making officer (Chief Executive Officer) now evaluates performance and our internal organizational and management structure.

 



   Company Address: One AAR Place Wood Dale 60191 IL
   Company Phone Number: 227-2000   Stock Exchange / Ticker: NYSE AIR
   AIR is expected to report next financial results on March 20, 2024.


Customers Net Income fell by AIR's Customers Net Profit Margin fell to

-34.95 %

4.48 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
KVHI        8.54% 
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Aar Corp

Energized by Impressive Double-Digit Growth, AAR Corp Achieves Record Top-Line Progress in Q2 2024

AAR Corp, a leading aviation services provider based in Wood Dale, Illinois, has recently reported strong financial results for the most recent fiscal period. The company experienced a double-digit revenue growth of 16.092%, reaching $545.40 million. This growth, although impressive, led to only modest profits growth of 4.69%, resulting in earnings of $0.67 per share.
Compared to the preceding reporting period, which saw a loss of $0.02 per share, AAR Corp has made significant progress. However, there was a slight decrease of -0.71% in revenue from $549.30 million. On a positive note, net income increased by 5.78% to $23.800 million from the previous fiscal period.

Earnings announcement

AAR Corp and MTU Maintenance Extend Pratt & Whitney Supply Agreement, Securing Market Dominance in Aero Engine Solutions

Published Tue, Oct 17 2023 12:31 PM UTC



Wood Dale, Illinois-based AAR Corp (NYSE: AIR), a renowned provider of aviation services, has announced a multi-year contract extension with MTU Maintenance, a global leader in customized aero engine solutions. Under this agreement, AAR will continue to supply parts for Pratt & Whitney PW2000 engines, further solidifying its position as a market leader in the highl...

Aar Corp

Aar Corp Faces Financial Challenges Despite Revenue Growth in Q1 2023


In the first quarter of 2023, Aar Corp, an aviation services company, reported a significant increase in revenue by 23.079%, reaching $549.30 million compared to the same period in the previous year. However, the company slipped into a deficit at $-0.02 per share, leading to concerns about its financial performance. Comparatively, earnings per share (EPS) fell from $0.64 per share, and revenue decreased by -0.723% from $553.30 million in the prior period.
Aar Corp experienced a net deficit of $-0.600 million in the first quarter of 2023, a significant decline compared to the net proceeds of $22.700 million achieved in the corresponding period a year before. Additionally, the company has seen a notable increase in inventories, with levels reaching $614.2 million, higher than both the previous quarter as well as the same quarter a year ago.
Operating earnings fell by a staggering -85.02% to $27.3 million, leading to a decline in Aar Corp's operating margin to 4.97% from 40.82% in the first quarter of 2023. This trend raises concerns about the company's ability to maintain profitability. On a positive note, the build-up in accounts receivable is indicative of rising demand, with accounts receivables valued at $280.6 million, higher than the preceding quarter.

Aar Corp

Aar Corp, a Prominent Player in Aerospace & Defense, Sees Modest 0.57% Increase in Income During the Recent Fiscal Period

The stock market has been eagerly awaiting the earnings season for the fourth quarter of 2023, and Aar Corp did not disappoint. Despite some challenges, the aerospace and defense company managed to achieve steady growth and impressive results.
In terms of income, Aar Corp saw a slight increase of 0.57% to $0.64 per share compared to the previous year's reporting period. This demonstrates the company's ability to maintain stability and profitability in the face of changing market conditions. Moreover, it is worth noting that in the preceding reporting period, the company's income was at $0.62 per share, indicating a positive trend.






 

Aar's Segments
 
 
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