AAR CORP
AIR · Aircraft & Parts · 39.8M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $37M (gross $50M, SBC $14M)
Reference price $107.60 · est. market cap ~$4.3B — last insider sale, 2026-03-27 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Leading aviation-aftermarket provider with strong 20% revenue growth but returns depressed by a one-off divestiture loss.
Strengths
- Consolidated sales +19.9%, broad commercial+government aftermarket footprint with exclusive OEM distribution deals
- Healthy liquidity (current ratio 2.7, ~65th pct) and growing distribution/MRO franchise
Risks
- ROE just 1.0% (44th pct) and ROA 0.4% — depressed by the $71.1M LGO divestiture loss
- Barely-positive FCF ($1.4M, 42nd pct) and cyclical, commercial-aviation-concentrated demand (71% of sales)
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
1.0%
Return on assets
0.4%
Revenue growth (QoQ)
22.7%
Net-income growth
-73.0%
Debt / equity
0.8×
Current ratio
2.7×
Free cash flow
$1M
Tangible book value
$461M
Cash & investments
$96M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | Lord Ellen M. | Grant | 1.4K | — |
| 2026-06-01 | DIETRICH JOHN W | Grant | 1.4K | — |
| 2026-06-01 | Edwards Jeffrey N | Grant | 1.4K | — |
| 2026-06-01 | Boyce Michael Ross | Grant | 1.4K | — |
| 2026-06-01 | WALFISH MARC JAY | Grant | 1.4K | — |
| 2026-06-01 | VOGEL JENNIFER L | Grant | 1.4K | — |
| 2026-06-01 | PACE PETER | Grant | 1.4K | — |
| 2026-06-01 | LEDUC ROBERT F | Grant | 1.4K | — |
| 2026-03-27 | Holmes John McClain III | Option exercise | 2.2K | $37.66 |
| 2026-03-27 | Holmes John McClain III | Sell | 2.2K | $107.60 |
| 2026-03-27 | Holmes John McClain III | Option exercise | 24K | $37.74 |
| 2026-03-27 | Holmes John McClain III | Sell | 24K | $107.60 |
| 2026-03-26 | Garascia Jessica A. | Sell | 2.1K | $112.20 |
| 2026-03-26 | Garascia Jessica A. | Option exercise | 2.4K | $41.88 |
| 2026-03-26 | Garascia Jessica A. | Sell | 2.4K | $112.20 |
| 2026-03-26 | Garascia Jessica A. | Option exercise | 1.8K | $58.27 |
| 2026-03-26 | Garascia Jessica A. | Sell | 1.8K | $112.20 |
| 2026-03-26 | Garascia Jessica A. | Option exercise | 2.1K | $67.02 |
| 2026-03-26 | Holmes John McClain III | Option exercise | 60K | $37.66 |
| 2026-03-26 | Holmes John McClain III | Sell | 60K | $112.41 |
| 2026-03-26 | Wolin Dylan Zachary | Grant | 7.6K | — |
| 2026-03-26 | Nolen Billy | Sell | 1.6K | $111.00 |
| 2026-02-04 | Flanagan Sarah Louise | Option exercise | 11K | $37.66 |
| 2026-02-04 | Flanagan Sarah Louise | Sell | 11K | $108.56 |
| 2026-02-03 | Holmes John McClain III | Option exercise | 10K | $37.66 |
| 2026-02-03 | Holmes John McClain III | Sell | 10K | $108.44 |
| 2026-02-03 | Holmes John McClain III | Gift | 2.0K | — |
| 2026-01-22 | Pachapa Eric | Sell | 1.1K | $105.94 |
| 2026-01-22 | Flanagan Sarah Louise | Grant | 930 | — |
| 2026-01-22 | Flanagan Sarah Louise | Grant | 2.8K | — |
| 2026-01-22 | Pachapa Eric | Option exercise | 3.8K | $18.94 |
| 2026-01-22 | Pachapa Eric | Sell | 3.8K | $105.94 |
| 2026-01-22 | Pachapa Eric | Option exercise | 1.1K | $67.02 |
| 2026-01-22 | Pachapa Eric | Grant | 465 | — |
| 2026-01-22 | Pachapa Eric | Grant | 1.4K | — |
| 2026-01-14 | Holmes John McClain III | Option exercise | 6.0K | $37.66 |
| 2026-01-14 | Holmes John McClain III | Sell | 6.0K | $99.41 |
| 2026-01-14 | Holmes John McClain III | Option exercise | 3.9K | $48.09 |
| 2026-01-14 | Holmes John McClain III | Sell | 3.9K | $99.41 |
| 2026-01-13 | Holmes John McClain III | Sell | 17K | $98.93 |
| 2026-01-13 | Holmes John McClain III | Option exercise | 17K | $48.09 |
| 2026-01-12 | Holmes John McClain III | Option exercise | 30K | $48.09 |
| 2026-01-12 | Holmes John McClain III | Sell | 30K | $97.50 |
| 2026-01-09 | Jessup Christopher A. | Sell | 12K | $97.00 |
| 2026-01-09 | Jessup Christopher A. | Sell | 9.0K | $97.13 |
| 2026-01-09 | Jessup Christopher A. | Option exercise | 2.5K | $37.74 |
| 2026-01-09 | Jessup Christopher A. | Sell | 2.5K | $97.00 |
| 2026-01-09 | Jessup Christopher A. | Option exercise | 59 | $50.93 |
| 2026-01-09 | Jessup Christopher A. | Sell | 59 | $97.00 |
| 2026-01-09 | Jessup Christopher A. | Option exercise | 12K | $41.88 |
| 2026-01-08 | Garascia Jessica A. | Sell | 4.8K | $95.25 |
| 2026-01-02 | Holmes John McClain III | Sell | 23K | $84.12 |
| 2025-11-05 | Holmes John McClain III | Sell | 38K | $83.50 |
| 2025-08-07 | Holmes John McClain III | Sell | 10K | $71.70 |
| 2025-08-04 | Pachapa Eric | Sell | 5.0K | $72.92 |
| 2025-07-31 | Pachapa Eric | Tax withheld | 4.7K | $74.71 |
| 2025-07-31 | Pachapa Eric | Tax withheld | 1.1K | $74.71 |
| 2025-07-31 | Jessup Christopher A. | Tax withheld | 9.9K | $74.71 |
| 2025-07-31 | Jessup Christopher A. | Tax withheld | 2.2K | $74.71 |
| 2025-07-31 | Gillen Sean M. | Tax withheld | 2.2K | $74.71 |
| 2025-07-31 | Gillen Sean M. | Tax withheld | 9.9K | $74.71 |
| 2025-07-31 | Garascia Jessica A. | Tax withheld | 881 | $74.71 |
| 2025-07-31 | Garascia Jessica A. | Tax withheld | 3.9K | $74.71 |
| 2025-07-31 | Holmes John McClain III | Tax withheld | 43K | $74.71 |
| 2025-07-31 | Holmes John McClain III | Tax withheld | 9.7K | $74.71 |
| 2025-07-24 | Holmes John McClain III | Sell | 25K | $78.02 |
| 2025-07-24 | Holmes John McClain III | Option exercise | 25K | $48.09 |
| 2025-07-24 | Holmes John McClain III | Option exercise | 6.6K | $48.09 |
| 2025-07-24 | Holmes John McClain III | Sell | 6.6K | $78.10 |
| 2025-07-23 | VOGEL JENNIFER L | Sell | 7.0K | $78.07 |
| 2025-07-23 | Holmes John McClain III | Sell | 25K | $77.34 |
| 2025-07-23 | Holmes John McClain III | Grant | 15K | — |
| 2025-07-23 | Holmes John McClain III | Grant | 44K | — |
| 2025-07-23 | Garascia Jessica A. | Grant | 2.1K | — |
| 2025-07-23 | Garascia Jessica A. | Grant | 6.3K | — |
| 2025-07-23 | Garascia Jessica A. | Option exercise | 1.6K | $37.74 |
| 2025-07-23 | Garascia Jessica A. | Sell | 1.6K | $77.08 |
| 2025-07-23 | Garascia Jessica A. | Option exercise | 1.2K | $41.88 |
| 2025-07-23 | Garascia Jessica A. | Sell | 1.2K | $77.08 |
| 2025-07-23 | Garascia Jessica A. | Option exercise | 889 | $58.27 |
| 2025-07-23 | Garascia Jessica A. | Sell | 889 | $77.08 |
| 2025-07-23 | Jessup Christopher A. | Grant | 3.9K | — |
| 2025-07-23 | Jessup Christopher A. | Grant | 12K | — |
| 2025-07-23 | Gillen Sean M. | Grant | 3.8K | — |
| 2025-07-23 | Gillen Sean M. | Grant | 11K | — |
| 2025-07-23 | Gillen Sean M. | Option exercise | 8.0K | $18.94 |
| 2025-07-23 | Gillen Sean M. | Sell | 8.0K | $77.37 |
| 2025-07-23 | Gillen Sean M. | Option exercise | 4.0K | $37.74 |
| 2025-07-23 | Gillen Sean M. | Sell | 4.0K | $77.37 |
| 2025-07-23 | Gillen Sean M. | Option exercise | 4.0K | $41.88 |
| 2025-07-23 | Gillen Sean M. | Sell | 4.0K | $77.37 |
| 2025-07-23 | Gillen Sean M. | Option exercise | 2.0K | $58.27 |
| 2025-07-23 | Gillen Sean M. | Sell | 2.0K | $77.37 |
| 2025-07-23 | Pachapa Eric | Grant | 1.1K | — |
| 2025-07-23 | Pachapa Eric | Grant | 3.4K | — |
| 2025-07-23 | Pachapa Eric | Option exercise | 3.8K | $18.94 |
| 2025-07-23 | Pachapa Eric | Sell | 3.8K | $78.12 |
| 2025-07-23 | Pachapa Eric | Sell | 1.9K | $78.70 |
| 2025-07-15 | Gillen Sean M. | Grant | 12K | — |
| 2025-07-15 | Garascia Jessica A. | Grant | 4.8K | — |
| 2025-07-15 | Pachapa Eric | Grant | 5.8K | — |
| 2025-07-15 | Jessup Christopher A. | Grant | 12K | — |
| 2025-07-15 | Holmes John McClain III | Grant | 53K | — |
| 2025-06-01 | WALFISH MARC JAY | Grant | 2.2K | — |
| 2025-06-01 | Boyce Michael Ross | Grant | 2.2K | — |
| 2025-06-01 | DIETRICH JOHN W | Grant | 2.2K | — |
| 2025-06-01 | VOGEL JENNIFER L | Grant | 2.2K | — |
| 2025-06-01 | PACE PETER | Grant | 2.2K | — |
| 2025-06-01 | Lord Ellen M. | Grant | 2.2K | — |
| 2025-06-01 | LEDUC ROBERT F | Grant | 2.2K | — |
| 2025-06-01 | Edwards Jeffrey N | Grant | 2.2K | — |
| 2025-03-25 | Pachapa Eric | Tax withheld | 1.6K | $69.62 |
| 2025-03-25 | Jessup Christopher A. | Tax withheld | 4.3K | $69.62 |
| 2025-03-25 | Holmes John McClain III | Tax withheld | 64K | $69.62 |
| 2025-01-22 | Holmes John McClain III | Gift | 3.0K | — |
| 2025-01-17 | Holmes John McClain III | Sell | 5.0K | $70.81 |
| 2025-01-16 | Jessup Christopher A. | Sell | 7.1K | $70.35 |
| 2025-01-16 | Jessup Christopher A. | Sell | 26K | $70.42 |
| 2025-01-16 | Jessup Christopher A. | Option exercise | 26K | $18.94 |
| 2025-01-15 | Jessup Christopher A. | Option exercise | 500 | $18.94 |
| 2025-01-15 | Jessup Christopher A. | Sell | 500 | $70.19 |
| 2025-01-10 | Holmes John McClain III | Sell | 15K | $66.05 |
| 2025-01-10 | Holmes John McClain III | Sell | 11K | $66.40 |
| 2025-01-10 | Holmes John McClain III | Sell | 8.6K | $65.84 |
| 2025-01-10 | Gillen Sean M. | Option exercise | 5.4K | $37.66 |
| 2025-01-10 | Gillen Sean M. | Sell | 5.4K | $66.33 |
| 2025-01-10 | Gillen Sean M. | Option exercise | 8.0K | $18.94 |
| 2025-01-10 | Gillen Sean M. | Sell | 8.0K | $66.33 |
| 2025-01-10 | Gillen Sean M. | Option exercise | 4.0K | $37.74 |
| 2025-01-10 | Gillen Sean M. | Sell | 4.0K | $66.33 |
| 2025-01-10 | Garascia Jessica A. | Sell | 1.5K | $66.90 |
| 2025-01-10 | Pachapa Eric | Sell | 6.5K | $66.93 |
| 2025-01-10 | Holmes John McClain III | Option exercise | 12K | $35.26 |
| 2025-01-10 | Holmes John McClain III | Sell | 12K | $66.83 |
| 2025-01-10 | Holmes John McClain III | Option exercise | 496 | $35.26 |
| 2025-01-10 | Holmes John McClain III | Sell | 496 | $67.40 |
| 2025-01-10 | Holmes John McClain III | Option exercise | 48K | $37.66 |
| 2025-01-10 | Holmes John McClain III | Sell | 48K | $67.40 |
| 2025-01-10 | Holmes John McClain III | Option exercise | 33K | $18.94 |
| 2025-01-10 | Holmes John McClain III | Sell | 33K | $66.46 |
| 2025-01-10 | Holmes John McClain III | Option exercise | 15K | $18.94 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (4)
- U.S. Navy
- U.S. Department of State
- U.S. Department of Defense
- GA Telesis
Suppliers (4)
- Unison
- Chromalloy
- Ontic
- FTAI Aviation
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-12 | Reg FDExhibits | filing ↗ |
| 2026-05-06 | Reg FDExhibits | filing ↗ |
| 2026-04-24 | Reg FDOtherExhibits | filing ↗ |
| 2026-03-24 | ResultsExhibits | filing ↗ |
| 2026-02-11 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-01-23 | Exec/director change | filing ↗ |
| 2026-01-06 | ResultsExhibits | filing ↗ |
| 2025-12-17 | Reg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-12 | 0001104659-26-058989 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001104659-26-056332 ↗ |
| 8-K | 2026-04-24 | 2026-04-24 | 0001104659-26-048512 ↗ |
| 10-Q | 2026-03-25 | 2026-02-28 | 0001104659-26-033973 ↗ |
| 8-K | 2026-03-24 | 2026-03-24 | 0001104659-26-033901 ↗ |
| 8-K | 2026-02-11 | 2026-02-09 | 0001104659-26-013432 ↗ |
| 8-K/A | 2026-01-23 | 2025-12-01 | 0001104659-26-006227 ↗ |
| 10-Q | 2026-01-07 | 2025-11-30 | 0001104659-26-001420 ↗ |
| 8-K | 2026-01-06 | 2026-01-06 | 0001104659-26-001328 ↗ |
| 8-K | 2025-12-17 | 2025-12-17 | 0001104659-25-122110 ↗ |
| 8-K | 2025-12-04 | 2025-12-01 | 0001104659-25-118472 ↗ |
| 8-K | 2025-11-13 | 2025-11-13 | 0001104659-25-110876 ↗ |