AAR Corp.
AAR Corp. (NYSE: AIR) is a leading independent provider of solutions to the global aviation aftermarket, operating through four primary business segments that collectively serve commercial and government aerospace customers across more than 20 countries. The company maintains its website at www.aarcorp.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What AAR Corp. does
In the company’s own words
AAR Corp. (NYSE: AIR) is a leading independent provider of solutions to the global aviation aftermarket, operating through four primary business segments that collectively serve commercial and government aerospace customers across more than 20 countries. The company maintains its website at www.aarcorp.com.
The Parts Supply segment, representing approximately 45 percent of consolidated sales, distributes new original equipment manufacturer parts and used serviceable material including aircraft, engine, and airframe components. This segment operates as an authorized distributor for more than 30 product lines sourced from over 20 leading OEMs and maintains an extensive network for sourcing and managing used aircraft and engine inventory.
The Repair, Engineering, and Software segment accounts for roughly 35 percent of sales and provides maintenance, repair, and overhaul services for airframes and components alongside integrated software solutions. The company operates eight airframe maintenance facilities and five component repair facilities across the United States, Canada, Asia, and Europe. Its software platforms include Trax, a cloud-based aircraft maintenance system; Aerostrat, a long-range maintenance planning platform; Airvoyant, an AI-powered procurement solution; and Airinmar, a warranty claim management system.
The Government Solutions segment comprises approximately 15 percent of sales and delivers fleet management, aircraft operations, supply chain logistics programs supporting the U.S. Department of War and Department of State, and Mobility Systems products including pallets, shelters, and containers for military and humanitarian deployment.
The Legacy Commercial Programs segment represents about 5 percent of sales and consists of flight hour-based component pool programs and consumables distribution, which the company announced plans to exit during fiscal 2026.
As of May 31, 2026, AAR employed approximately 7,100 employees worldwide, with 5,400 in the United States and 1,700 internationally, supplemented by roughly 700 contract workers. The company generated consolidated sales of approximately $3.3 billion in fiscal 2026, with commercial customers accounting for 72.1 percent and government and defense customers representing 27.9 percent of revenues. During fiscal 2026, AAR completed four acquisitions including American Distributors Holding Co., HAECO Americas, Aircraft Reconfig Technologies, and Aerostrat Corp., significantly expanding its capabilities and market position across the aviation aftermarket.
Company details
- Sector
- Industrials
- Industry (SIC)
- Transportation Equipment
- Headquarters
- WOOD DALE, IL
- Fiscal year end
- May
- CIK
- 1750
- SIC
- 3720
Financial performance, year by year
Fiscal 2014–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns AAR Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in AAR Corp. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · AAR Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
AAR Corp.’s bonds, as funds hold them
Funds report holding 1 issues of AAR Corp.’s debt, $46.32M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.75%, maturing 2029 to 2029.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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