OverviewSuggest Edit

AAR is a 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
Founded1951
HQWood Dale, IL, US
Websiteaarcorp.com
Employee Ratings3.3
Overall CultureC-

Latest Updates

Employees (est.) (May 2021)4,700(-12%)
Job Openings183
Revenue (FY, 2021)$1.7 B(-20%)
Share Price (May 2022)$45.5
Cybersecurity ratingCMore
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Key People/Management at AAR

John M. Holmes

John M. Holmes

President, Chief Executive Officer
Eric S. Pachapa

Eric S. Pachapa

Vice President, Controller, Chief Accounting Officer
Rahul Ghai

Rahul Ghai

Chief Digital Officer
Sean Gillen

Sean Gillen

Vice President, Chief Financial Officer
Jessica Garascia

Jessica Garascia

Vice President, General Counsel, Chief Compliance Officer, Secretary
Christopher A. Jessup

Christopher A. Jessup

Vice President, Chief Commercial Officer
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AAR Office Locations

AAR has offices in Wood Dale, Atlanta, Cadillac, Corpus Christi and in 38 other locations
Wood Dale, IL, US (HQ)
1100 N Wood Dale Rd
Atlanta, GA, US
1500 Aviation Blvd
Cadillac, MI, US
1405 6th Ave
Cadillac, MI, US
1649 Leeson Ave
Cadillac, MI, US
201 Haynes St
Cadillac, MI, US
612 7th St
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AAR Financials and Metrics

AAR Revenue

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View revenue for all periods
AAR's revenue was reported to be $1.65 b in FY, 2021 which is a 20.3% decrease from the previous period.
USD

Revenue (Q2, 2022)

436.6m

Gross profit (Q2, 2022)

78.4m

Gross profit margin (Q2, 2022), %

18%

Net income (Q2, 2022)

20.8m

EBIT (Q2, 2022)

30.1m

Market capitalization (12-May-2022)

1.6b

Closing stock price (12-May-2022)

45.5

Cash (30-Nov-2021)

42.7m

EV

1.7b
AAR's current market capitalization is $1.6 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

2.1b2.1b1.7b

Revenue growth, %

17%1%(20%)

Cost of goods sold

1.7b1.8b1.4b

Gross profit

329.5m269.2m275.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

466.3m493.3m529.5m541.5m560.9m553.1m400.8m403.6m410.3m455.1m436.6m

Cost of goods sold

395.1m415.0m444.2m459.9m475.0m487.8m352.2m334.1m324.3m390.5m358.2m

Gross profit

71.2m78.3m85.3m81.6m85.2m65.3m48.6m69.5m86.0m64.6m78.4m

Gross profit Margin, %

15%16%16%15%15%12%12%17%21%14%18%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

21.3m404.7m51.8m

Accounts Receivable

197.8m171.9m166.7m

Inventories

523.7m623.1m540.6m

Current Assets

952.5m1.4b93.7m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

7.5m4.4m35.8m

Depreciation and Amortization

42.8m43.7m36.3m

Inventories

(80.9m)(94.5m)74.9m

Accounts Payable

17.5m4.1m(62.6m)
Quarterly
USDQ1, 2019

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x
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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

$953.9 m$769.4 m$1.05 b$1.5 b

Twelve-Month Backlog

$506.7 m$366.3 m$510 m$600 m

Countries

100

Enterprise Customers

1.5 k
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AAR Acquisitions / Subsidiaries

Company NameDateDeal Size
Nordisk AviationDecember 02, 2011
Telair InternationalDecember 02, 2011
Aviation Worldwide ServicesMay 25, 2010
Hermetic Aircraft International CorpSeptember 29, 2000
AVSCO Aviation Service CorpJanuary 12, 1998
AAR (25262) LLC
AAR Aircraft & Engine Sales & Leasing, Inc. 
AAR Aircraft Services, Inc. 
AAR Aircraft Services – Trois Rivieres ULC
AAR Aircraft Services – Windsor ULC
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AAR Revenue Breakdown

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AAR revenue breakdown by business segment: 6.0% from Expeditionary Services and 94.0% from Aviation Services

AAR revenue breakdown by geographic segment: 12.7% from Europe/Africa, 81.8% from North America and 5.5% from Other

AAR Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

AAR Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

AAR Online and Social Media Presence

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AAR Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    C

    65/100

  • Compensation

    C-

    62/100

  • Diversity

    D

    53/100

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AAR News and Updates

AAR’s Landing Gear PBL Program wins 2021 Secretary of Defense PBL Award

Wood Dale, Illinois, April 27, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded the 2021 Secretary of Defense Performance-Based Logistics (PBL) Award for its Landing Gear PBL (LGPBL) Program.…

AAR announces marketing partnership agreement with ProvenAir Technologies, LLC

Wood Dale, Illinois, April 26, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a marketing partnership agreement with ProvenAir Technologies, LLC to enhance the digital solutions available to…

Events - Summary

April 2022 Events. 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 May 2022. 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 June 2022.

AAR Reports Third Quarter Fiscal Year 2022 Results

AAR CORP. (NYSE: AIR) today reported third quarter Fiscal Year 2022 consolidated sales of $452.2 million and income from continuing operations of $22.6 million, or $0.63 per diluted share. For the third quarter of the prior year, the Company reported sales of $410.3 million and income from continuin…

AAR signs exclusive distribution agreement with Collins Aerospace’s Goodrich De-Icing & Specialty Heating Systems business

AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an exclusive distribution agreement with Collins Aerospace’s Goodrich De-Icing & Specialty Heating Systems business.

AAR to announce third quarter fiscal year 2022 results on March 22, 2022

AAR CORP. (NYSE: AIR),a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2022, ended February 28, 2022, after the close of the New York Stock Exchange trading sess…
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AAR Frequently Asked Questions

  • When was AAR founded?

    AAR was founded in 1951.

  • Who are AAR key executives?

    AAR's key executives are John M. Holmes, Eric S. Pachapa and Rahul Ghai.

  • How many employees does AAR have?

    AAR has 4,700 employees.

  • What is AAR revenue?

    Latest AAR annual revenue is $1.7 b.

  • What is AAR revenue per employee?

    Latest AAR revenue per employee is $351.6 k.

  • Who are AAR competitors?

    Competitors of AAR include Chromalloy, Boeing Distribution and Airwork Holdings.

  • 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, Atlanta, Cadillac, Corpus Christi and in 38 other locations.

  • How many offices does AAR have?

    AAR has 52 offices.