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AAR Corp AIR Free cash flow

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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%

Valuation

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Market cap$5.36B+98.6%
Enterprise value$6.26B+65.8%
P/E31.4×
P/S1.7×+0.7×

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%
Debt / equity0.6×-0.3×
Current ratio2.7×-0.1×

Where this comes from

Calculated from AAR Corp’s reported figures.

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 free cash flow?
AAR Corp (AIR) reported free cash flow of $66.2M in Q4 2025.
How has AAR Corp's free cash flow changed year-over-year?
AAR Corp's free cash flow increased by 343.4% year-over-year, from -$27.2M to $66.2M.
What is the long-term trend for AAR Corp's free cash flow?
Over 2 years (2021 to 2025), AAR Corp's free cash flow has grown at a -87.8% compound annual growth rate (CAGR), from $93.9M to $1.4M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.