$726.1 M

AIR Mkt cap, 23-Oct-2020
AAR Net income (FY, 2020)4.4 M
AAR EBIT (FY, 2020)24.8 M
AAR Cash, 31-May-2020404.7 M
AAR EV392.3 M

AAR Revenue Breakdown

Embed Graph

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

AAR Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

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

Gross profit Margin, %

14%16%17%16%

General and administrative expense

170.8m196.7m208.6m215.4m220.6m

Operating expense total

170.8m196.7m208.6m231.2m226.0m

EBIT

65.8m79.6m86.0m98.3m24.8m

EBIT margin, %

4%5%5%5%

Interest expense

6.4m5.5m8.0m9.5m

Interest income

300.0k200.0k100.0k1.0m500.0k

Investment income

(1.9m)

Pre tax profit

59.3m74.3m77.2m89.0m

Income tax expense

18.8m24.1m3.5m4.9m5.6m

Net Income

47.7m56.5m15.6m7.5m4.4m

EPS

1.41.60.40.2

AAR Balance Sheet

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

PP&E

231.4m213.9m211.9m198.1m195.3m135.3m132.5m133.4m134.4m132.7m134.3m136.7m

Goodwill

115.5m114.7m114.6m115.5m128.9m119.6m118.1m116.6m11.7m115.8m116.8m116.5m

Total Assets

1.4b1.5b1.5b1.5b1.5b1.5b1.5b1.6b1.5b1.7b1.8b1.8b

Accounts Payable

154.5m179.5m194.6m176.3m195.9m176.8m179.6m205.2m218.6m212.8m231.4m295.1m

Short-term debt

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

Current Liabilities

314.4m350.9m342.8m312.1m336.5m326.6m315.1m344.2m359.6m396.4m406.5m485.3m

Long-term debt

142.8m154.1m168.1m189.0m215.8m194.3m209.1m218.9m177.2m276.9m280.1m

Non-Current Liabilities

254.1m263.3m273.6m294.9m301.3m270.4m293.6m324.4m287.5m377.2m426.7m414.2m

Total Debt

149.8m161.1m170.1m191.0m217.5m194.4m209.1m218.9m177.2m276.9m280.1m

Common Stock

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

Additional Paid-in Capital

453.1m454.7m457.3m460.3m462.3m464.1m469.8m470.8m474.8m476.0m478.7m481.5m

Retained Earnings

688.5m698.0m709.2m735.9m710.7m723.8m725.2m729.6m689.6m713.8m725.4m725.1m

Total Equity

858.5m872.4m885.7m924.7m906.5m915.2m929.1m935.6m899.4m909.5m921.7m929.4m

Debt to Equity Ratio

0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.3 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.9 x1.9 x2 x

AAR Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

47.7m56.5m15.6m7.5m4.4m

Depreciation and Amortization

50.0m52.9m40.5m42.8m43.7m

Accounts Receivable

(16.1m)(4.0m)35.9m(34.4m)14.8m

Inventories

(26.4m)(18.8m)(25.8m)(80.9m)(94.5m)

Accounts Payable

19.4m14.1m1.8m17.5m

Cash From Operating Activities

32.1m21.8m64.3m67.4m(36.1m)

Purchases of PP&E

(88.4m)(33.6m)(22.0m)(17.4m)(23.6m)

Cash From Investing Activities

(16.9m)(30.1m)(42.9m)(19.0m)(24.8m)

Short-term Borrowings

60.0m21.0m(1.0m)10.0m

Long-term Borrowings

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

Dividends Paid

(10.4m)(10.2m)(10.3m)(10.5m)(10.7m)

Cash From Financing Activities

(38.4m)(12.1m)10.0m(48.7m)444.5m

Net Change in Cash

(23.5m)(20.9m)31.3m(500.0k)383.6m

Interest Paid

8.6m

AAR Ratios

USDFY, 2016

Revenue/Employee

353.7k

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.
FY, 2016FY, 2017FY, 2018FY, 2019Jul, 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

Aircraft Landing Gears Serviced Yearly

600

Aircraft Serviced Yearly

950

Airframe Maintenance Facilities

7

Aviation Components Repaired Annually

24 k

Aviation Parts (Distribution)

200 k

Aviation Parts (Trading)

1 m

Aviation Parts Shipments (Trading)

10 k

Commercial Contract Value

$1.30 b

Countries

100

Engine Shop Visits (CFM56-5B)

842

Engine Shop Visits (CFM56-7B)

1.84 k

Engine Shop Visits (V2500-A5)

1.02 k

Engines in Services (CFM56-5B/7B)

22 k

Engines in Services (V2500-A5)

7 k

Enterprise Customers

1.50 k

Government Contract Value

$4.10 b

Government Contracts

28

AAR Employee Rating

3.3329 votes
Culture & Values
3.1
Work/Life Balance
3.2
Senior Management
2.9
Salary & Benefits
3
Career Opportunities
3
Source