AAR Corp. (AIR)

AAR Corp. Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,991	1,820	1,652	2,072	2,052
Revenue Growth (YoY)	9.37%	10.15%	-20.26%	0.98%	17.36%
Cost of Revenue	1,620	1,507	1,376	1,803	1,722
Gross Profit	370.1	313.2	275.9	269.2	329.8
Selling, General & Admin	230.4	202.2	182.4	220.6	215.4
Other Operating Expenses	2.6	1.2	8.5	5.4	15.8
Operating Expenses	233	203.4	190.9	226	231.2
Operating Income	137.1	109.8	85	43.2	98.6
Interest Expense / Income	12.2	2.4	5	9.3	9.5
Other Expense / Income	3.3	2.1	26	23.9	76.7
Pretax Income	121.6	105.3	54	10	12.4
Income Tax	31.4	26.6	18.2	5.6	4.9
Net Income	90.2	78.7	35.8	4.4	7.5
Net Income Growth	14.61%	119.83%	713.64%	-41.33%	-51.92%
Shares Outstanding (Basic)	35	35	35	35	35
Shares Change	-1.39%	-0.35%	0.62%	0.10%	1.24%
EPS (Basic)	2.56	2.20	1.01	0.12	0.20
EPS (Diluted)	2.53	2.17	1.00	0.13	0.21
EPS Growth	16.59%	117.00%	669.23%	-38.10%	-48.78%
Free Cash Flow	-6.2	57.9	93.9	-59.7	50
Free Cash Flow Per Share	-0.18	1.65	2.66	-1.70	1.43
Dividend Per Share	-	-	-	0.300	0.300
Gross Margin	18.59%	17.21%	16.70%	12.99%	16.07%
Operating Margin	6.89%	6.03%	5.14%	2.08%	4.81%
Profit Margin	4.53%	4.32%	2.17%	0.21%	0.37%
Free Cash Flow Margin	-0.31%	3.18%	5.68%	-2.88%	2.44%
Effective Tax Rate	25.82%	25.26%	33.70%	56.00%	39.52%
EBITDA	161.7	140.8	95.3	63	64.7
EBITDA Margin	8.12%	7.74%	5.77%	3.04%	3.15%
Depreciation & Amortization	27.9	33.1	36.3	43.7	42.8
EBIT	133.8	107.7	59	19.3	21.9
EBIT Margin	6.72%	5.92%	3.57%	0.93%	1.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).