# AAR share price today (AAR Corp., AIR)

> AAR Corp.'s results are improving, while its P/E is near the low end of its own history over 4.7 years, higher than only 25% of past readings. AIR · Industrials · Aerospace & Defense · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/air

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $108.62 (+29.0% in a year)
- P/E: 22.3× (lower than 75% of the last 4.7 years)
- Revenue (Aug 2026): $918 M (+24.1% on a year ago)
- Profit (Aug 2026): $40.1 M (+16.6% on a year ago)
- Operating margin: 8.1% (−0.3 points on a year ago)
- ROE: 11%, FY26
- ROIC: 8.2%, against a 9.5% cost of capital: −1.3 points

The main question: yearly earnings per share moved +1,288.6% while the share price moved +29.0%. ## What is the AAR share price today? AAR Corp.'s share price was $108.62 at the close on 3 November 2026. It has been moving sideways for 8 weeks. That is 8.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $78 and $145, and at that close it sat 46% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running. Over the last 10 years the share price moved +366% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does AAR pay? AAR Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is AAR on? AAR is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is AAR profitable? AAR Corp. earned $40.1 M of net profit in the Aug 2026 quarter, +16.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was $188 M. Over 5 years profit has grown 32.3% a year on average. That is 4.4% of the quarter's revenue. The same quarter a year earlier earned $34.4 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was $188 M (+1,401.6% on the year before). ## How much revenue does AAR make, and is it growing? AAR Corp. reported $918 M of revenue in the Aug 2026 quarter, +24.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 5 years it has grown 14.9% a year on average. The last full year, FY26, came in at $3.3 B. The last four reported quarters add to $3.5 B. FY26 revenue was $3.3 B, +19.0% on the year before. Recent pace: the last four quarters grew +21.9% on average, against 14.9% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +22.0%, against +19.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +569.2%, against +73.4% a year (accelerating). ## How much of every $100 of sales does AAR keep? AAR Corp.'s operating margin was 8.1% in the Aug 2026 quarter, 0.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 6 years it has been between 5.2% and 8.2%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed +1.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is AAR's profit turning into cash? Over the last 3 years, 72% of AAR Corp.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in $98.7 M of operating cash against $188 M of profit. After $65.4 M of spending on assets, $33.3 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does AAR's cash go? AAR Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $135 M on assets over the last 3 years. Averaged over those years that is 1.4% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $135 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is AAR's P/E ratio, and how does it compare with its own history? AAR Corp.'s P/E is 22.3×, near the low end of its own history: it has been lower only 25% of the time. Its usual P/E (the middle reading) is 31.3×, over 4.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +1,288.6% while the price moved +29.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +19.9% a year; about +36.9% a year came from earnings growth and about −17.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the AAR business getting better or worse? AAR Corp.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 11.0%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does AAR earn on its capital? AAR Corp. earned a ROE of 11% in FY26. That is up from a low of 1% in FY25. Its return on capital used (ROIC) is 1.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.7% net margin and 0.99× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.7% net margin × 0.99× asset turnover × 1.97× leverage (assets divided by equity) ≈ 11.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.2% − 9.5% = −1.3 percentage points. The 9.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does AAR have too much debt? AAR Corp. has total debt of $978 M against shareholder equity of $1.7 B as of Aug 2026, so its debt is 0.56× its equity. Year by year, that ratio went from 0.20 in FY21 to 0.59 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the AAR shareholding pattern? 5.4% of AAR Corp.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is AAR from balance-sheet trouble? For AAR Corp., the Z-score is 3.68. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.68 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does AAR rank in its industry? There is no score against its industry: AAR Corp. is not among the largest members shown in this industry comparison for Aerospace & Defense. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is AAR compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to AAR in size? AAR is the 35th largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Planet Labs PBC, Mercury Systems, Inc. and MDA Space. Just below it: Firefly Aerospace Inc., Astronics Corporation and V2X, Inc. ### Aerospace & Defense companies close in size

1. [Planet Labs PBC](https://www.sectoralpha.in/us/stocks/pl) $4.9 billion
2. [Mercury Systems, Inc.](https://www.sectoralpha.in/us/stocks/mrcy) $4.8 billion
3. [MDA Space Ltd.](https://www.sectoralpha.in/us/stocks/mda) $4.4 billion
4. AAR Corp. $4.3 billion
5. [Firefly Aerospace Inc.](https://www.sectoralpha.in/us/stocks/fly) $2.8 billion
6. [Astronics Corporation](https://www.sectoralpha.in/us/stocks/atro) $2.6 billion
7. [V2X, Inc.](https://www.sectoralpha.in/us/stocks/vvx) $2.5 billion

[All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies)

### Companies close in size in other industries

1. [Planet Fitness, Inc.](https://www.sectoralpha.in/us/stocks/plnt) $4.2 billion · Leisure
2. [Belden Inc.](https://www.sectoralpha.in/us/stocks/bdc) $4.2 billion · Communication Equipment
3. AAR Corp. $4.2 billion
4. [Core Natural Resources, Inc.](https://www.sectoralpha.in/us/stocks/cnr) $4.2 billion · Thermal Coal
5. [Embotelladora Andina S.A.](https://www.sectoralpha.in/us/stocks/ako-b) $4.2 billion · Beverages - Non-Alcoholic

## What else do people ask about AAR? ### What were AAR's latest quarterly results? AAR Corp. reported revenue of $918 M and net profit of $40.1 M for the Aug 2026 quarter. Revenue rose 24.1% and profit rose 16.6% compared with a year earlier. Earnings per share were $1.00. The operating margin was 8.1%, 0.3 percentage points lower than a year earlier (as of 3 November 2026). ### What is AAR's market cap? AAR Corp.'s market capitalisation is $4.3 B at a stock price of $108.62. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is AAR performing? AAR Corp.'s share price has been moving sideways for 8 weeks. In its latest quarter, revenue rose 24.1% and profit rose 16.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will AAR's stock price go up? This page does not forecast AAR Corp.'s stock price. What it shows instead: the stock price is $108.62, and it has been moving sideways for 8 weeks. Its P/E of 22.3× is higher than 25% of its own last 5 years (as of 3 November 2026). ### Where is AAR in its business cycle? AAR Corp.'s FY26 operating margin was 8.2%, against a 6-year range of 5.2% to 8.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 8.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the AAR story? The main question: yearly earnings per share moved +1,288.6% while the share price moved +29.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is AAR a stock worth studying right now? What the numbers show: AAR Corp.'s results are improving, while its P/E is near the low end of its own history over 4.7 years, higher than only 25% of past readings. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.