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.
| Type | Public | |
| Founded | 1951 | |
| HQ | Wood Dale, IL, US | Map |
| Website | aarcorp.com | |
| Employee Ratings | More | |
| Overall Culture | C- | More |
Key People/Management at AAR
John M. Holmes
President, Chief Executive Officer
Eric S. Pachapa
Vice President, Controller, Chief Accounting Officer
Rahul Ghai
Chief Digital Officer
Sean Gillen
Vice President, Chief Financial Officer
Jessica Garascia
Vice President, General Counsel, Chief Compliance Officer, Secretary
Christopher A. Jessup
Vice President, Chief Commercial Officer
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
AAR Financials and Metrics
AAR Revenue
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
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 466.3m | 493.3m | 529.5m | 541.5m | 560.9m | 553.1m | 400.8m | 403.6m | 410.3m | 455.1m | 436.6m |
Cost of goods sold | 395.1m | 415.0m | 444.2m | 459.9m | 475.0m | 487.8m | 352.2m | 334.1m | 324.3m | 390.5m | 358.2m |
Gross profit | 71.2m | 78.3m | 85.3m | 81.6m | 85.2m | 65.3m | 48.6m | 69.5m | 86.0m | 64.6m | 78.4m |
Gross profit Margin, % | 15% | 16% | 16% | 15% | 15% | 12% | 12% | 17% | 21% | 14% | 18% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 22.7m | 25.7m | 28.9m | 39.9m | 38.2m | 37.0m | 107.7m | 110.0m | 99.2m | 48.8m | 42.7m |
Accounts Receivable | 191.0m | 218.6m | 237.6m | 197.3m | 208.5m | 225.7m | 166.7m | 169.8m | 186.8m | 180.8m | 192.1m |
Inventories | 467.7m | 495.0m | 514.7m | 553.6m | 580.4m | 621.6m | 597.7m | 585.0m | 564.2m | 525.8m | 531.7m |
Current Assets | 982.4m | 1.0b | 993.4m | 1.0b | 1.1b | 1.2b | 1.1b | 1.0b | 1.0b | 944.9m | 946.7m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2020 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 15.1m | 22.1m | (15.3m) | 4.4m | 18.6m | 20.9m | (14.5m) | (6.3m) | 21.8m | 11.5m | 32.3m |
Depreciation and Amortization | 10.1m | 20.5m | 31.3m | 10.8m | 21.8m | 32.8m | 9.0m | 18.2m | 27.1m | 8.9m | 17.8m |
Inventories | (24.5m) | (52.1m) | (71.8m) | (30.0m) | (56.8m) | (98.0m) | 18.8m | 30.2m | 51.2m | 14.4m | 8.0m |
Accounts Payable | 10.1m | 35.4m | 47.7m | 24.8m | 42.5m | 107.1m | (9.9m) | 8.8m | (7.1m) | 17.3m | (2.3m) |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.7 x |
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.
AAR Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Nordisk Aviation | December 02, 2011 | |
| Telair International | December 02, 2011 | |
| Aviation Worldwide Services | May 25, 2010 | |
| Hermetic Aircraft International Corp | September 29, 2000 | |
| AVSCO Aviation Service Corp | January 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 |
AAR Revenue Breakdown
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
AAR Environment, Social & Governance (ESG) Ratings
AAR Online and Social Media Presence
3.8k Twitter followers
AAR has 3.8k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.9% quarter over quarter
AAR's Trends
Twitter Engagement Stats for @AARCORP
5.8k
Tweets
1.8k
Following
3.8k
Followers
18
Tweets last 30 days
2.9
Avg. likes per Tweet
94.4%
Tweets with engagement
AAR Company Culture
Overall Culture
C-
64/100
CEO Rating
C
65/100
Compensation
C-
62/100
Diversity
D
53/100
AAR News and Updates
April 27, 2022
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.…
April 26, 2022
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…
April 05, 2022
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.
March 22, 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…
March 14, 2022
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.
March 08, 2022
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…
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.
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