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AAR Corp AIR Debt-to-equity

Debt-to-equity at other companies

Boeing logo
BoeingBA
10.4×
HEICO logo
HEICOHEI
0.5×0.0×
VSE Corporation logo
VSE CorporationVSEC
0.2×-0.4×
StandardAero logo
StandardAeroSARO
0.9×-0.1×
Loar Holdings logo
Loar HoldingsLOAR
0.8×+0.6×
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
-121×

Other financials

Income statement

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Revenue$845.1M+24.6%
Gross profit$154.7M+17.5%
Net income$68.0M+864%
EPS (diluted)$1.71+784%

Balance sheet

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Cash & equivalents$78.5M-7.0%
Total debt$979.7M-10.1%
Total equity$1.6B+39.0%
Total assets$3.3B+16.6%

Cash flow

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Operating cash flow$74.7M+499%
CapEx$8.5M0.0%
Free cash flow$66.2M+343%

Valuation

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Market cap$5.36B+98.6%

Profitability

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Gross margin19%+0.2pp
Net margin5.5%+5.1pp
FCF margin-0.9%

Returns & leverage

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Return on equity12.1%
Current ratio2.7×-0.1×

Where this comes from

Calculated from AAR Corp’s reported figures.

Based on the most recent quarter.

The official record: AAR Corp’s 10-Q, filed March 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AAR Corp's debt-to-equity?
AAR Corp (AIR) reported debt-to-equity of 0.6× in Q4 2025.
How has AAR Corp's debt-to-equity changed year-over-year?
AAR Corp's debt-to-equity decreased by 35.3% year-over-year, from 0.9× to 0.6×.
What is the long-term trend for AAR Corp's debt-to-equity?
Over 3 years (2022 to 2025), AAR Corp's debt-to-equity has grown at a 75.5% compound annual growth rate (CAGR), from 0.2× to 0.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.