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AAR Corp AIR Expeditionary Services — Payments To Acquire Productive Assets

Other segment segments

Repair And Engineering
$4.3M-31.7%
Integrated Solutions
$2.4M+167%
Parts Supply
$400K+300%

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Other financials

Income statement

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Revenue$928.0M+23.0%
Gross profit$176.7M+17.6%
Net income$50.7M+49.1%
EPS (diluted)$1.27+32.3%

Balance sheet

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Cash & equivalents$84.0M-13.0%
Total debt$1.0B-4.5%
Total equity$1.7B+40.6%
Total assets$3.4B+18.0%

Cash flow

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Operating cash flow$55.3M+7.6%
CapEx$12.0M+20.0%
Free cash flow$43.3M+4.6%

Valuation

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Market cap$5.89B+127%
Enterprise value$6.82B+91.9%
P/E31.4×-176×
P/S1.8×+0.8×

Profitability

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Gross margin18.8%-0.2pp
Net margin5.7%+5.2pp
FCF margin1.9%+1.8pp

Returns & leverage

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Return on equity12.9%+11.8pp
Debt / equity0.6×-0.3×
Current ratio2.8×+0.1×

Where this comes from

Reported directly by AAR Corp in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: AAR Corp’s 10-Q, filed March 25, 2026.

Filed
Mar 25, 2026, 12:00 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-033973
Line itemThree Months Ended / February 28, 2026Three Months Ended / February 28, 2025Nine Months Ended / February 28, 2026Nine Months Ended / February 28, 2025
Capital expenditures:
Parts Supply$0.4$0.1$0.7$0.2
Repair & Engineering4.36.313.214.2
Integrated Solutions2.40.96.53.9
Expeditionary Services0.90.62.75.1
Corporate and discontinued operations0.50.61.51.3
$8.5$8.5$24.6$24.7

Item 1 – Financial Statements

FAQ

What is AAR Corp's expeditionary services — payments to acquire productive assets?
AAR Corp (AIR) reported expeditionary services — payments to acquire productive assets of $900K in Q4 2025.
How has AAR Corp's expeditionary services — payments to acquire productive assets changed year-over-year?
AAR Corp's expeditionary services — payments to acquire productive assets increased by 50.0% year-over-year, from $600K to $900K.
What is the long-term trend for AAR Corp's expeditionary services — payments to acquire productive assets?
Over 3 years (2022 to 2025), AAR Corp's expeditionary services — payments to acquire productive assets has grown at a 82.7% compound annual growth rate (CAGR), from $1M to $6.1M.
What does expeditionary services — payments to acquire productive assets mean?
Represents the cash outflows for capital expenditures aimed at acquiring or upgrading long-term productive assets within the Expeditionary Services segment. These investments are typically made to enhance operational capacity, improve service delivery, or maintain infrastructure. It reflects the segment's commitment to long-term growth and asset modernization.

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