AAR

OverviewSuggest Edit

AAR is an independent provider of aviation services to commercial and government customers. The company offers maintenance, repair, and overhaul (MRO) services including airframe maintenance, component repair, landing gear, and engineering services. Its integrated solutions include total fleet services, flight-hour support, contractor logistics support (CLS), performance-based logistics (PBL), third-party logistics (3PL). AAR also engages in parts supply and manufacturing of composites and mobility systems.

TypePublic
Founded1955
HQWood Dale, USMap
Websiteaarcorp.com
Employee Ratings3.3More
Culture scoreCMore
View Jobs (134)

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2020)6,000(+7%)
Job Openings134
Revenue (FY, 2019)$2.1 B(+18%)
Share Price (Apr 2020)$14.9 (-13%)

Key People/Management at AAR

John M. Holmes

John M. Holmes

President and Chief Executive Officer
Rahul Ghai

Rahul Ghai

Chief Digital Officer
John B. Cooper

John B. Cooper

Vice President, Global Government and Defense
Sarah L. Flanagan

Sarah L. Flanagan

Vice President, Financial Operations
Sean Gillen

Sean Gillen

Vice President and Chief Financial Officer
Jessica Garascia

Jessica Garascia

Vice President, General Counsel and Secretary
Show more

AAR Office Locations

AAR has offices in Wood Dale, Albuquerque, Atlanta, Cadillac and in 42 other locations
Wood Dale, US (HQ)
1100 N Wood Dale Rd
Albuquerque, US
3890 Aberdeen Dr SE
Atlanta, US
1500 Aviation Blvd
Cadillac, US
201 Haynes St
Clearwater, US
14201 Myerlake Cir
Corpus Christi, US
NAS Corpus Christi, 11001 D St #101
Show all (51)

AAR Financials and Metrics

AAR Revenue

Embed Graph
View revenue for all periods
AAR's revenue was reported to be $2.05 b in FY, 2019 which is a 17.4% increase from the previous period.
USD

Revenue (Q3, 2020)

9.8m

Net income (Q3, 2020)

2.3m

EBIT (Q3, 2020)

2.6m

Market capitalization (3-Apr-2020)

523.7m

Closing stock price (3-Apr-2020)

14.9
AAR's current market capitalization is $523.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.7b1.8b1.7b2.1b

Revenue growth, %

4%6%(1%)17%

Cost of goods sold

1.4b1.5b1.5b1.7b

Gross profit

236.9m276.5m294.6m329.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

404.8m423.8m446.7m439.2m449.7m456.3m466.3m493.3m529.5m541.5m560.9m9.8m

Cost of goods sold

343.3m357.6m377.7m374.7m428.8m378.7m395.1m415.0m444.2m459.9m475.7m

Gross profit

61.5m66.2m69.0m64.5m20.9m77.6m71.2m78.3m85.3m81.6m85.2m

Gross profit Margin, %

15%16%15%15%5%17%15%16%16%15%15%
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

31.2m10.3m31.1m21.3m

Accounts Receivable

242.7m251.4m202.0m197.8m

Inventories

445.4m483.1m460.7m523.7m

Current Assets

873.1m888.5m942.7m952.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

7.9m23.0m10.1m15.1m27.1m23.9m22.7m25.7m28.9m39.9m38.2m

Accounts Receivable

238.0m276.5m264.6m264.7m258.4m203.4m191.0m218.6m237.6m197.3m208.5m225.7m

Inventories

450.9m459.5m465.6m473.0m479.4m472.1m467.7m495.0m514.7m553.6m580.4m621.6m

Current Assets

849.4m901.8m893.1m904.7m892.2m933.6m982.4m1.0b993.4m1.0b1.1b1.2b
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

47.7m56.5m15.6m7.5m

Depreciation and Amortization

50.0m52.9m40.5m42.8m

Inventories

(26.4m)(18.8m)(25.8m)(80.9m)

Accounts Payable

19.4m14.1m1.8m17.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

9.5m21.6m35.3m10.6m(12.0m)3.6m15.1m22.1m(15.3m)4.4m18.6m20.9m

Depreciation and Amortization

12.4m24.3m39.0m14.6m28.5m31.4m10.1m20.5m31.3m10.8m21.8m

Inventories

3.0m(6.0m)(12.0m)10.8m(15.7m)(36.7m)(24.5m)(52.1m)(71.8m)(30.0m)(56.8m)

Accounts Payable

(8.4m)16.7m31.8m(700.0k)14.7m8.5m10.1m35.4m47.7m24.8m42.5m107.1m
show all
USDY, 2020

Financial Leverage

2 x
Show all financial metrics

AAR Operating Metrics

AAR's Backlog was reported to be $1.5b in FY, 2019. AAR's Enterprise Customers was reported to be 1.5 k in FY, 2018.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$953.90 m$769.40 m$1.05 b$1.50 b

Twelve-Month Backlog

$506.70 m$366.30 m$510 m$600 m

Countries

100

Enterprise Customers

1.50 k
Show all operating metrics

AAR Acquisitions / Subsidiaries

Company NameDateDeal Size
Nordisk AviationDecember 02, 2011
TelairDecember 02, 2011
Aviation Worldwide ServicesMay 25, 2010
Hermetic Aircraft International CorpSeptember 29, 2000
AVSCO Aviation Service CorpJanuary 12, 1998
AAR Aircraft & Engine Sales & Leasing
AAR Aircraft Services, Inc.
AAR Airlift Group, Inc.
AAR Allen Services, Inc.
AAR Canada Holdings ULC
Show more

AAR Revenue Breakdown

Embed Graph

AAR revenue breakdown by business segment: 93.6% from Aviation Services and 6.4% from Expeditionary Services

AAR Online and Social Media Presence

AAR's Trends

Embed Graph

AAR Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    C-

    65/100

  • Compensation

    C+

    69/100

  • Diversity

    F

    43/100

Learn more on Comparably

AAR News and Updates

March 17, 2020

AAR elects H. John Gilbertson to its Board of Directors

WOOD DALE, Ill., March 17, 2020 /PRNewswire/ -- AAR (NYSE: AIR) announced today that H. John Gilbertson, Jr., retired Managing Director of Goldman Sachs Group Inc., has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Gilbertson increases the...
February 04, 2020

AAR names Jessica Garascia General Counsel

WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to airlines and governments worldwide, announced that Jessica A. Garascia has joined as General Counsel, effective today. Garascia succeeds Robert Regan and will report to John Holmes, President and Chief Executive Office…
September 17, 2019

AAR wins Parts Supply contract with Mitsubishi Heavy Industries Aero Engines (MHIAEL), largest commercial deal in Japan to date

WOOD DALE, Ill., Sept. 17, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to airlines and governments worldwide, signed its largest commercial deal in Japan to date, a multimillion dollar Parts Supply agreement with Mitsubishi Heavy Industries Aero Engines,...
September 06, 2019

AAR secures $118M C-40 aircraft procurement and modification contract with Naval Air Systems Command in support of U.S. Marine Corps

WOOD DALE, Ill., Sept. 6, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has secured a new $118.6 million contract with the Naval Air Systems Command (NAVAIR) to deliver two 737 aircraft and associated...
June 27, 2019

AAR to announce fourth quarter fiscal year 2019 results on July 10, 2019

WOOD DALE, Ill., June 27, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter of Fiscal Year 2019, ended May 31, 2019, after the market closes on Wednesday, July 10, 2019. On Wednesday, July 10, 2019 at 3:45 p.m. CT, AAR will...
June 21, 2019

With all eyes on F-35, AAR looks to ‘clean up’ on F-16 maintenance

The company already supports the Danish Air Force with F-16 maintenance, and is looking to bank on its experience in the U.S.
Show more

 AAR Frequently Asked Questions

  • When was AAR founded?

    AAR was founded in 1955.

  • Who are AAR key executives?

    AAR's key executives are John M. Holmes, Rahul Ghai and John B. Cooper.

  • How many employees does AAR have?

    AAR has 6,000 employees.

  • What is AAR revenue?

    Latest AAR annual revenue is $2.1 b.

  • What is AAR revenue per employee?

    Latest AAR revenue per employee is $342 k.

  • Who are AAR competitors?

    Competitors of AAR include HEICO, Kratos Defense and Dyncorp.

  • Where is AAR headquarters?

    AAR headquarters is located at 1100 N Wood Dale Rd, Wood Dale.

  • Where are AAR offices?

    AAR has offices in Wood Dale, Albuquerque, Atlanta, Cadillac and in 42 other locations.

  • How many offices does AAR have?

    AAR has 51 offices.