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Companies / Industrials / Aar Corp.
AIR

Aar Corp.

IndustrialsTransportation Equipment
Ticker AIRWOOD DALE, ILFiscal year ends MayBook value per share $43.67Diluted shares 39.9M

AAR CORP. (NYSE: AIR) provides aviation aftermarket products and services to commercial and government aerospace customers worldwide. Its four operating segments are Parts Supply, which distributes new aircraft parts and sells and leases used serviceable material; Repair, Engineering, and Software, which provides… From the company’s description.

In fiscal 2026, Aar Corp. reported revenue of $3.31B, up 19.0% from fiscal 2025, and net income of $187.70M. Its operating margin was 8.4%, and operations generated $98.70M in cash. Over the twelve months to Aug 31, 2026, revenue was $3.49B.

Fiscal year 2026 · ends 05-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-08-31
Sales & profitability
$3.31BFY2026
+19.0% year over year
Last 12 mo $3.49B
8.40%FY2026
+1.7 percentage points
Last 12 mo 8.09%
$187.70MFY2026
+1401.6% year over year
Last 12 mo $193.40M
11.02%FY2026
+10 percentage points
Last 12 mo 11.10%
Cash & financing
$98.70MFY2026
+173.4% year over year
Last 12 mo $199.40M
$62.10MFY2026
+4335.7% year over year
Last 12 mo $159.70M
0.52FY2026
Was 0.80× a year earlier
Last 12 mo 0.50
38.4MFY2026
+7.3% year over year
Last 12 mo 39.9M

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) provides aviation aftermarket products and services to commercial and government aerospace customers worldwide. Its four operating segments are Parts Supply, which distributes new aircraft parts and sells and leases used serviceable material; Repair, Engineering, and Software, which provides airframe and component maintenance, repair and overhaul, engineering services, and aviation software; Government Solutions, which manages and operates customer-owned aircraft, supplies logistics programs, and designs, manufactures, and repairs mobility equipment; and Legacy Commercial Programs, which offers component pooling, repair, and consumables distribution and is being wound down. These segments represented approximately 45%, 35%, 15%, and 5% of fiscal 2026 sales, respectively. Software brands include Trax, Aerostrat, Airvoyant, and Airinmar; the online parts channel is PAARTS Store. Customers include airlines, aircraft operators, original equipment manufacturers, leasing companies, other aviation service providers, U.S. government agencies and contractors, and foreign governments. AAR operated in more than 20 countries and employed approximately 7,100 people as of May 31, 2026. Its website is www.aarcorp.com.

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 · USD
$-348.64M$697.28M$1.74B$2.79B$3.84B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The 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.

Ownership

Who owns Aar Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

340
funds hold it
1 of 35
superinvestors hold it
$3.01B
held by funds, at market
56.7%
of shares held by funds
1
bond issues held by funds

Superinvestors in Aar Corp. · what they did last quarter

Polen CapitalINCREASED +45.4%
Polen Capital Management
<0.1%of 13F portfolio

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

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.30%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
2.64%of fund net assets
0.17%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.18%of fund net assets

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.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Aar Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Aar Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
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