AAR Corp.
84.84+0.28 (+0.33%)
Oct 29, 4:00:02 PM EDT · NYSE · AIR · USD
Key Stats
Market Cap
3.36BP/E (TTM)
106.05Basic EPS (TTM)
0.80Dividend Yield
0%Recent Filings
8-K
AAR raises $274M in stock offering
AAR CORP. completed a public offering of 3,450,000 shares of common stock on October 2, 2025, raising net proceeds of $274.0 million after underwriter fees. The funds will repay borrowings under its revolving credit facility while supporting general corporate needs, including potential acquisitions. This bolsters liquidity amid aerospace aftermarket demands. Yet risks linger in market volatility.
8-K
AAR acquires ADI for $146M
AAR CORP. acquired American Distributors Holding Co., LLC (ADI) on September 25, 2025, for $146 million in cash funded by its revolving credit facility, bolstering its Parts Supply segment with ADI's electronics components and assemblies. ADI, serving commercial and defense markets from six locations, posted $149 million in trailing twelve-month revenue and $15.2 million in EBITDA through June 30, 2025. This move expands AAR's OEM partnerships and distribution offerings in a fragmented, high-growth market. AAR eyes revenue growth and margin gains, yet actual results hinge on integration risks.
8-K
AAR annual meeting results
AAR Corp. held its 2025 annual meeting on September 16, with 93% of shares present. Stockholders elected Jeffrey N. Edwards, John M. Holmes, Ellen M. Lord, and Marc J. Walfish as Class II directors for three-year terms, despite some opposition. The advisory vote approved fiscal 2025 executive compensation. KPMG LLP's appointment as auditors was ratified. Board continuity holds firm.
8-K
AAR adds $150M notes
AAR Corp. issued $150 million in additional 6.750% senior notes due 2029 on August 14, 2025, expanding its existing $550 million tranche under the March 2024 indenture. Sold at 102% of principal for a 6.119% yield to maturity, the notes carry semiannual interest payments starting September 15, 2025. Proceeds will repay revolving credit borrowings and cover offering costs. Debt management remains key amid aviation risks.
10-K
FY2025 results
AAR Corp. posted FY2025 sales of $2.8B, up 19.9% y/y, fueled by the Product Support acquisition and double-digit growth in new parts distribution, with commercial sales surging 20.6% to $1.98B while government sales rose 18.1% to $804M. Q4 momentum accelerated as Parts Supply sales climbed 13.7% y/y on strong demand, and Repair & Engineering jumped 38.2% y/y post-acquisition, though margins dipped to 9.2% from facility inefficiencies; overall operating income grew 43.3% to $185M despite a $72M LGO divestiture loss. Free cash flow hit $1.4M (derived), with $427M in revolving debt and $550M in 6.75% notes due 2029 funding growth, while $10M in buybacks continued capital returns. No FY2026 guidance disclosed. Yet, geopolitical tensions could stall quarterly aviation demand.
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