Is AAR Corp (AIR) overvalued or fairly valued?

MarketChacha shows AAR Corp's valuation in context — a trailing P/E of about 38.7, a forward P/E of about 19.7, a price-to-book of about 3.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is AAR Corp's revenue?

AAR Corp reported revenue of $3.3B for FY2026, with net profit of $187.7M, per official filings.

What is the share price of AAR Corp (AIR)?

AAR Corp last traded at $128.05 (-9.4% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

AAR Corp

AIR · NYSE · Industrials · United States

$128.05-9.4%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:27 PM

Snapshot

TickerAIR

ExchangeNYSE

SectorIndustrials

IndustryAerospace & Defense

CountryUnited States

HeadquartersWood Dale, United States

Market cap$5.1B

P/E (TTM)38.7

P/B3.1

Volume833.2K

Websitewww.aarcorp.com

Filings tracked7

About AAR Corp

AAR Corp. provides products and services to commercial aviation, government, and defense markets in North America, Europe, Africa, Asia, and internationally. It operates through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. The company leases and sells aircraft components and replacement parts; and designs, manufactures, and repairs transportation pallets. The company also provides airframe maintenance services, such as airframe inspection, painting services, line maintenance, airframe modifications, structural repairs, avionics service and installation, exterior, and interior refurbishment services; component repair services, including maintenance, repair, and overhaul services, engine and airframe accessories, and interior refurbishment; and engineering services, such as integration, certification and procurement. In addition, it develops aircraft components and parts; designs proprietary designated engineering representative repairs; and provides integrated software solutions comprising Trax, a cloud-based electronic enterprise resource platform, as well as a suite of paperless mobility apps for automating workflows. Further, the company engages in the fleet management and operation of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services, as well as engineering, design, and system integration services for specialized command and control systems; and flight hour component inventory and repair services. Additionally, it offers containers and shelters for military and humanitarian tactical deployment activities; and shelters, such as stationary and vehicle-mounted applications. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Profile as reported by Yahoo Finance.

Who owns it

Insiders2.2%
Institutions97.8%
Public & other0.0%

505 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.15.53%
State Street Corporation6.51%
Vanguard Portfolio Management LLC5.36%
Dimensional Fund Advisors LP4.89%
Vanguard Capital Management LLC4.27%
Invesco Ltd.3.50%
Earnest Partners LLC3.28%
Capital Research Global Investors3.08%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Over 4 years only 0.60× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.60×

Net margin trend4.5% → 5.7%

Margin has expanded by about 1.1 points — the business is getting more profitable.

Growth qualityrev 18% · PAT 28%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $890.5M · EPS 1.38

Est. earnings growth +16.7%

Next fiscal year

Rev $3.9B · EPS 6.55

Est. earnings growth +15.9%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$71.4352-wk range$146.75

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$5.1B

Day change

-9.4%

P/E (TTM)

38.7

Fwd P/E

19.7

P/B

3.1

Revenue (FY2026)

$3.3B

Net margin

5.7%

ROE

11.0%

Revenue CAGR (3y)

+18.4%

Profit CAGR (3y)

+27.7%

EPS (FY2026)

4.86

Net profit (FY2026)

$187.7M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about AIR

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$3.3B	$187.7M	4.86	5.7%	11.0%
FY2025	$2.8B	$12.5M	0.35	0.4%	1.0%
FY2024	$2.3B	$46.3M	1.29	2.0%	3.9%
FY2023	$2.0B	$90.2M	2.53	4.5%	8.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$845.1M	$68.0M	1.71	8.0%
2025Q4	$795.3M	$34.6M	0.90	4.4%
2025Q3	$739.6M	$34.4M	0.95	4.7%
2025Q1	$678.2M	$-8.9M	-0.25	-1.3%
2024Q4	$686.1M	$-30.6M	-0.87	-4.5%
2024Q3	$661.7M	$18.0M	0.50	2.7%
2024Q1	$567.3M	$14.0M	0.39	2.5%
2023Q4	$545.4M	$23.8M	0.67	4.4%
2023Q3	$549.7M	$-600,000	-0.02	-0.1%
2023Q1	$521.1M	$21.8M	0.62	4.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-K filing
SEC7/22/2026
8-K — Results of operations, Exhibits
SEC7/21/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/12/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/6/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC4/24/2026material
10-Q filing
SEC3/25/2026
8-K — Results of operations, Exhibits
SEC3/24/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.