$1.2 B

AIR Mkt cap, 10-Jun-2019
AAR Cash, 28-Feb-201928.9 M
AAR EV1.3 B

AAR Revenue Breakdown

Embed Graph

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

AAR Income Statement

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

Gross profit Margin, %

14%16%17%

General and administrative expense

170.8m196.7m208.6m

Operating expense total

170.8m196.7m208.6m

EBIT

65.8m79.6m86.0m

EBIT margin, %

4%5%5%

Interest expense

6.4m5.5m8.0m

Interest income

300.0k200.0k100.0k

Pre tax profit

59.3m74.3m77.2m

Income tax expense

18.8m24.1m3.5m

Net Income

47.7m56.5m15.6m

AAR Balance Sheet

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

PP&E

232.8m201.9m133.2m

Goodwill

117.3m115.4m118.7m

Total Assets

1.4b1.5b1.5b

Accounts Payable

163.4m177.4m170.0m

Short-term debt

12.0m2.0m

Current Liabilities

329.0m335.1m333.3m

Long-term debt

136.1m155.3m177.2m

Non-Current Liabilities

247.3m254.8m255.1m

Total Debt

148.1m157.3m177.2m

Common Stock

44.9m45.2m45.3m

Additional Paid-in Capital

451.3m460.8m470.5m

Retained Earnings

681.6m727.9m733.2m

Total Equity

865.8m914.2m936.3m

EPS

1.41.60.4

Debt to Equity Ratio

0.2 x0.2 x0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.7 x1.6 x1.6 x

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

PP&E

231.4m213.9m211.9m198.1m195.3m135.3m132.5m133.4m134.4m

Goodwill

115.5m114.7m114.6m115.5m128.9m119.6m118.1m116.6m11.7m

Total Assets

1.4b1.5b1.5b1.5b1.5b1.5b1.5b1.6b1.5b

Accounts Payable

154.5m179.5m194.6m176.3m195.9m176.8m179.6m205.2m218.6m

Short-term debt

7.0m7.0m2.0m2.0m1.7m100.0k

Current Liabilities

314.4m350.9m342.8m312.1m336.5m326.6m315.1m344.2m359.6m

Long-term debt

142.8m154.1m168.1m189.0m215.8m194.3m209.1m218.9m177.2m

Non-Current Liabilities

254.1m263.3m273.6m294.9m301.3m270.4m293.6m324.4m287.5m

Total Debt

149.8m161.1m170.1m191.0m217.5m194.4m209.1m218.9m177.2m

Common Stock

45.2m45.2m45.2m45.3m45.3m45.3m45.3m45.3m45.3m

Additional Paid-in Capital

453.1m454.7m457.3m460.3m462.3m464.1m469.8m470.8m474.8m

Retained Earnings

688.5m698.0m709.2m735.9m710.7m723.8m725.2m729.6m689.6m

Total Equity

858.5m872.4m885.7m924.7m906.5m915.2m929.1m935.6m899.4m

Debt to Equity Ratio

0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x

AAR Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

47.7m56.5m15.6m

Depreciation and Amortization

50.0m52.9m40.5m

Accounts Receivable

(16.1m)(4.0m)35.9m

Inventories

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

Accounts Payable

19.4m14.1m1.8m

Cash From Operating Activities

32.1m21.8m64.3m

Purchases of PP&E

(88.4m)(33.6m)(22.0m)

Cash From Investing Activities

(16.9m)(30.1m)(42.9m)(19.0m)

Short-term Borrowings

60.0m21.0m(1.0m)

Long-term Borrowings

(70.6m)(10.0m)24.8m(25.0m)

Dividends Paid

(10.4m)(10.2m)(10.3m)

Cash From Financing Activities

(38.4m)(12.1m)10.0m

Net Change in Cash

(23.5m)(20.9m)31.3m

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

Accounts Receivable

9.7m(29.7m)(17.8m)(13.2m)(3.3m)35.2m(20.7m)(52.1m)(73.3m)

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

Cash From Operating Activities

(1.1m)(1.2m)(11.2m)(20.6m)(9.9m)32.9m(27.0m)(35.5m)24.5m

Purchases of PP&E

(9.4m)(18.9m)(28.0m)(8.2m)(17.9m)(18.4m)(4.2m)(8.0m)(12.3m)

Cash From Investing Activities

(6.6m)(3.7m)(12.8m)(6.9m)(32.8m)(37.0m)(5.0m)(9.4m)(13.8m)

Short-term Borrowings

7.0m19.0m34.0m34.0m37.0m16.0m57.0m67.0m25.0m

Long-term Borrowings

(5.0m)(5.0m)(10.0m)(25.0m)(25.0m)(25.0m)

Dividends Paid

(2.6m)(5.2m)(7.7m)(2.6m)(5.2m)(7.7m)(2.7m)(5.3m)(7.9m)

Cash From Financing Activities

(15.2m)(2.8m)3.4m32.3m59.5m28.4m35.3m44.2m(1.8m)

Net Change in Cash

(23.3m)(8.2m)(21.1m)4.8m16.8m24.3m3.2m(900.0k)8.8m

AAR Ratios

USDY, 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 $1.1b 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

AAR Employee Rating

3.4316 votes
Culture & Values
3.3
Work/Life Balance
3.3
Senior Management
3.0
Salary & Benefits
3.1
Career Opportunities
3.2
Source