AAR Corp. (FRA:ARZ)

AAR Corp. Cash Flow Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Net Income	94.1	12.5	46.3	90.2	78.7	35.8
Depreciation & Amortization	58.6	55.2	40.2	27.2	33.1	36.3
Other Amortization	2.9	2.6	1	0.7	-	-
Loss (Gain) From Sale of Assets	67.9	68.9	-	-	-	20.2
Asset Writedown & Restructuring Costs	-	-	-	1	2.9	9.1
Loss (Gain) on Equity Investments	-4.1	-5.4	0.2	3.2	2.9	-0.2
Stock-Based Compensation	19.5	19.9	15.3	13.5	8.2	9.2
Provision & Write-off of Bad Debts	2	0.2	0.7	2.6	1.2	8.5
Other Operating Activities	-5.5	-5.5	6.2	-2.6	9.9	22
Change in Accounts Receivable	-55.8	-109.4	-22.4	-31.8	-50.9	-30.9
Change in Inventory	-70.2	-109.3	-90.4	-23.6	-10.4	74.9
Change in Accounts Payable	16.7	70.5	59.4	-	29.4	-62.6
Change in Unearned Revenue	-	-	-	-	3.8	-83
Change in Other Net Operating Assets	-124.7	35.9	-12.7	-56.6	-19	69.2
Operating Cash Flow	1.4	36.1	43.6	23.3	75.2	105.2
Operating Cash Flow Growth	-97.10%	-17.20%	87.12%	-69.02%	-28.52%	-
Capital Expenditures	-34.6	-34.7	-29.7	-29.5	-17.3	-11.3
Sale of Property, Plant & Equipment	-	-	-	-	7.3	-
Cash Acquisitions	-226	-1.5	-722.9	-103.3	-	-
Divestitures	48	48	-	-	-	-
Investment in Securities	-1.1	-1.1	-5.9	-5.2	-6.5	0.8
Other Investing Activities	0.5	-	-	-	-	10
Investing Cash Flow	-213.2	10.7	-758.5	-138	-16.5	-0.5
Short-Term Debt Issued	-	-	175	172	-	-
Long-Term Debt Issued	-	-	550	-	-	-
Total Debt Issued	153	-	725	172	-	-
Short-Term Debt Repaid	-	-20	-	-	-9.5	-470
Long-Term Debt Repaid	-	-	-	-	-24.7	-
Total Debt Repaid	-183.2	-20	-	-	-34.2	-470
Net Debt Issued (Repaid)	-30.2	-20	725	172	-34.2	-470
Issuance of Common Stock	273.9	-	19.6	17.7	16.8	0.6
Repurchase of Common Stock	-10.1	-10.1	-5.1	-50.1	-42.4	-
Other Financing Activities	-8.1	-3.6	-10.3	-1.9	-	-0.1
Financing Cash Flow	225.5	-33.7	729.2	137.7	-59.8	-469.5
Foreign Exchange Rate Adjustments	-	-	-	-0.1	-0.2	0.3
Net Cash Flow	13.7	13.1	14.3	22.9	-1.3	-364.5
Free Cash Flow	-33.2	1.4	13.9	-6.2	57.9	93.9
Free Cash Flow Growth	-	-89.93%	-	-	-38.34%	-
Free Cash Flow Margin	-1.12%	0.05%	0.60%	-0.31%	3.18%	5.68%
Free Cash Flow Per Share	-0.91	0.04	0.39	-0.18	1.61	2.66
Cash Interest Paid	74.8	74.4	31.9	11.1	2.1	4.3
Cash Income Tax Paid	32.7	23.7	41.8	34.4	20.1	-0.1
Levered Free Cash Flow	27.15	73.76	-64.79	17.84	34.84	156.58
Unlevered Free Cash Flow	71.25	118.29	-38.79	24.76	36.34	159.7
Change in Working Capital	-234	-112.3	-66.1	-112	-47.1	-32.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.