OverviewSuggest Edit

AAR is a company which provides aviation services to commercial and government customers. The Company operates through two segments, such as Aviation Services and Expeditionary Services. The Aviation Services segment offers spares and maintenance support for aircraft. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel. 


 

TypePublic
Founded1951
HQWood Dale, US
Websiteaarcorp.com
Employee Ratings3.4

Latest Updates

Employees (est.) (May 2019)5,650(+13%)
Job Openings257
Revenue (FY, 2018)$1.7 B(-1%)
Share Price (Jun 2019)$33.8 (+3%)

Key People/Management at AAR

John Holmes

John Holmes

President, CEO
Sean Gillen

Sean Gillen

VP, CFO
Art Smith

Art Smith

VP, Chief Quality Officer
Kevin Larson

Kevin Larson

VP, CIO
Cheryle Jackson

Cheryle Jackson

Vice President Global Business Development
Sarah Flanagan

Sarah Flanagan

Financial Operations Director
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AAR Office Locations

AAR has offices in Wood Dale, Albuquerque, McGuire Air Force Base, Oklahoma City and in 41 other locations
Wood Dale, US (HQ)
1100 N Wood Dale Rd
Albuquerque, US
3890 Aberdeen Dr SE
Albuquerque, US
Aberdeen Dr SE
Cadillac, US
201 Haynes St
Chamblee, US
Aviation Way
Clearwater, US
14201 Myerlake Cir
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AAR Financials and Metrics

AAR Revenue

AAR's revenue was reported to be $1.75 b in FY, 2018 which is a 1.1% decrease from the previous period.
USD

Market capitalization (10-Jun-2019)

1.2b

Closing stock price (10-Jun-2019)

33.8

Cash (28-Feb-2019)

28.9m

EV

1.3b
AAR's current market capitalization is $1.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

1.7b1.8b1.7b

Revenue growth, %

4%6%(1%)

Cost of goods sold

1.4b1.5b1.5b

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

31.2m10.3m31.1m

Accounts Receivable

242.7m251.4m202.0m

Inventories

445.4m483.1m460.7m

Current Assets

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

Cash

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

Accounts Receivable

238.0m276.5m264.6m264.7m258.4m203.4m191.0m218.6m237.6m

Inventories

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

Current Assets

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

Net Income

47.7m56.5m15.6m

Depreciation and Amortization

50.0m52.9m40.5m

Inventories

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

Accounts Payable

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

(8.4m)16.7m31.8m(700.0k)14.7m8.5m10.1m35.4m47.7m
USDY, 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 $1.1b in FY, 2018.
FY, 2016FY, 2017FY, 2018

Backlog

$953.90 m$769.40 m$1.05 b

Twelve-month Backlog

$506.70 m$366.30 m$510 m
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AAR Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AAR Aircraft & Engine Sales & Leasing
AAR Aircraft Services, Inc.
AAR Airlift Group, Inc.
AAR Allen Services, Inc.
AAR Canada Holdings ULC
AAR Government Services, Inc.
AAR International, Inc.
AAR Landing Gear LLC
AAR Manufacturing, Inc.
AAR Supply Chain, Inc.
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AAR Revenue Breakdown

Embed Graph

AAR revenue breakdown by business segment: 7.4% from Expeditionary Services and 92.6% from Aviation Services

AAR Online and Social Media Presence

Embed Graph

AAR News and Updates

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,...

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...

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...

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.

AAR, Tawazun Economic Council and Global Aerospace Logistics sign joint repair management deal at Paris Air Show

WOOD DALE, Ill., June 20, 2019 /PRNewswire/ -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, announced a new contract with Tawazun Economic Council, a defense and security industry enabler in the United Arab Emirates, and Global ...

AAR to Host Investor Day

WOOD DALE, Ill., June 6, 2019 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will hold an Investor Day on Wednesday, July 17, 2019 at 8:30 a.m. ET in New York City. AAR's senior leadership team will provide an overview of the company's strategy and key opportunities. For those...
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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 Holmes, Sean Gillen and Art Smith.

  • How many employees does AAR have?

    AAR has 5,650 employees.

  • Who are AAR competitors?

    Competitors of AAR include Textron, Dassault Aviation and Tel-Instrument Electronics.

  • 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, McGuire Air Force Base, Oklahoma City and in 41 other locations.

  • How many offices does AAR have?

    AAR has 58 offices.