aar is a global aerospace and defense contractor employing more than 6,500 people with 60 locations in 20 countries. based in wood dale, illinois, aar is one of the leading providers of aircraft maintenance and repair, supply chain and logistics management, technology infrastructure and remote airlift services in the world. we serve customers through two operating segments: aviation services and expeditionary services. aar has an entrepreneurial dynamic culture focused on providing innovative solutions that help customers, operate more efficiently. using our “close-to-the-customer” business model, we offer a diverse and balanced mixed products and services that include: aviation services • mro services • parts & supply chain expeditionary services • airlift • mobility aar has 60 years of experience helping customers do more with less. aar’s connected and talented employees drive our dynamic culture, which makes aar a great place to work. with our focus on innovation, the
Company profile
Ticker
AIR
Exchange
Website
CEO
John Holmes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AAR do Brasil Ltda. • Rags of Honor, LLC • AAR Aircraft & Engine Sales & Leasing, Inc. • AAR Asset Management, LLC • AAR International • AAR Aircraft Services, Inc. • Aviation Maintenance Staffing, Inc. • Aeronautica Corporation • AAR Airlift Group, Inc. • AAR Airlift Pakistan (Private) Limited ...
IRS number
362334820
AIR stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
21 Mar 24
8-K
AAR reports third quarter fiscal year 2024 results
21 Mar 24
8-K
AAR elects Jeffrey N. Edwards to its Board of Directors
20 Mar 24
8-K
AAR completes acquisition of Triumph Group’s Product Support business
1 Mar 24
8-K
Risks Related to the Triumph Group Product Support Business Acquisition
14 Feb 24
8-K/A
Departure of Directors or Certain Officers
17 Jan 24
8-K
Regulation FD Disclosure
8 Jan 24
10-Q
2024 Q2
Quarterly report
21 Dec 23
8-K
Entry into a Material Definitive Agreement
21 Dec 23
8-K
AAR reports second quarter fiscal year 2024 results
21 Dec 23
Transcripts
AIR
Earnings call transcript
2024 Q3
21 Mar 24
AIR
Earnings call transcript
2024 Q2
21 Dec 23
AIR
Earnings call transcript
2024 Q1
26 Sep 23
AIR
Earnings call transcript
2023 Q4
18 Jul 23
AIR
Earnings call transcript
2023 Q3
21 Mar 23
AIR
Earnings call transcript
2023 Q2
21 Dec 22
AIR
Earnings call transcript
2023 Q1
23 Sep 22
AIR
Earnings call transcript
2022 Q4
21 Jul 22
AIR
Earnings call transcript
2022 Q3
23 Mar 22
AIR
Earnings call transcript
2023 Q3
20 Mar 22
Latest ownership filings
4
Jessica A. Garascia
11 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
4
John McClain Holmes III
4 Apr 24
144
Notice of proposed sale of securities
4 Apr 24
144
Notice of proposed sale of securities
2 Apr 24
4
Jeffrey N Edwards
21 Mar 24
3
Jeffrey N Edwards
21 Mar 24
SC 13G/A
EARNEST PARTNERS LLC
11 Mar 24
4
MARC JAY WALFISH
1 Mar 24
4
ROBERT F LEDUC
1 Mar 24
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | May 23 | May 22 | May 21 | May 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm |
Cash burn (monthly) | 4.90 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 23.58 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 51.92 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
90.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 229 |
Opened positions | 37 |
Closed positions | 22 |
Increased positions | 78 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 1.90 tn |
Total shares | 32.16 mm |
Total puts | 26.90 k |
Total calls | 78.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.87 mm | $349.38 bn |
Vanguard | 3.72 mm | $221.25 bn |
Dimensional Fund Advisors | 2.82 mm | $167.97 bn |
Earnest Partners | 1.98 mm | $117.70 bn |
STT State Street | 1.77 mm | $105.12 bn |
Rubric Capital Management | 1.23 mm | $73.13 bn |
BEN Franklin Resources | 931.78 k | $55.47 bn |
Victory Capital Management | 891.35 k | $53.06 bn |
Geode Capital Management | 693.04 k | $41.26 bn |
Loomis Sayles & Co L P | 680.24 k | $40.48 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Jessica A. Garascia | Common Stock | Sell | Dispose S | No | No | 63.3722 | 7,352 | 465.91 k | 28,165 |
4 Apr 24 | Holmes John McClain III | Common Stock | Sell | Dispose S | No | No | 60.2072 | 29,250 | 1.76 mm | 303,621 |
4 Apr 24 | Holmes John McClain III | Common Stock | Option exercise | Acquire M | No | No | 18.94 | 29,250 | 554.00 k | 332,871 |
4 Apr 24 | Holmes John McClain III | Stock Option Common Stock | Option exercise | Dispose M | No | No | 18.94 | 29,250 | 554.00 k | 47,624 |
2 Apr 24 | Holmes John McClain III | Common Stock | Sell | Dispose S | No | No | 57.7798 | 18,145 | 1.05 mm | 303,621 |
2 Apr 24 | Holmes John McClain III | Common Stock | Sell | Dispose S | No | No | 58.2939 | 10,000 | 582.94 k | 321,766 |
2 Apr 24 | Holmes John McClain III | Common Stock | Option exercise | Acquire M | No | No | 18.94 | 10,000 | 189.40 k | 331,766 |
2 Apr 24 | Holmes John McClain III | Stock Option Common Stock | Option exercise | Dispose M | No | No | 18.94 | 10,000 | 189.40 k | 76,874 |
19 Mar 24 | Edwards Jeffrey N | Common Stock | Grant | Acquire A | No | No | 0 | 492 | 0.00 | 492 |
29 Feb 24 | Marc Jay Walfish | Phantom Stock Common Stock | Grant | Acquire A | No | No | 66.78 | 543 | 36.26 k | 49,796 |
News
Benchmark Maintains Buy on AAR, Raises Price Target to $83
15 Apr 24
AAR Signs Extension, Expansion Of Its V2500 Engine Component Distribution Agreement With Sumitomo Precision Products; No Terms Disclosed
11 Apr 24
AAR Breaks Ground On MRO Facility Expansion In Oklahoma City, Expected To Be Operational In Early 2026
5 Apr 24
AAR Announces Exclusive Commercial Distribution Agreement With Triumph
4 Apr 24
Top 5 Industrials Stocks That Could Blast Off This Quarter
3 Apr 24
Press releases
AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products
11 Apr 24
AAR awarded Supplier of the Year by Atlas Air Worldwide
9 Apr 24
AAR breaks ground on MRO facility expansion in Oklahoma City
5 Apr 24
AAR announces exclusive commercial distribution agreement with TRIUMPH
4 Apr 24
AAR reports third quarter fiscal year 2024 results
21 Mar 24