AAR Corp. (AIR)

AAR Corp. Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	96.5	85.8	68.4	53.5	51.8
Cash & Short-Term Investments	96.5	85.8	68.4	53.5	51.8
Cash Growth	12.47%	25.44%	27.85%	3.28%	-87.20%
Accounts Receivable	495.1	410.4	328.2	287.6	238.6
Other Receivables	5.6	13.2	6.8	2.7	-
Receivables	500.7	423.6	335	290.3	238.6
Inventory	809.2	733.1	574.1	550.5	540.6
Prepaid Expenses	47	45.4	42.9	37.7	27.7
Restricted Cash	12.7	10.3	13.4	5.4	8.4
Other Current Assets	6.2	9.9	13.5	16.2	19.5
Total Current Assets	1,511	1,390	1,098	1,007	937
Property, Plant & Equipment	251.8	268.3	189.8	182.6	195.8
Long-Term Investments	46.8	50.2	28	24.5	18.3
Goodwill	530.8	554.8	175.8	116.4	119.3
Other Intangible Assets	265.6	287.2	103.3	25.5	29.5
Long-Term Accounts Receivable	28.4	24.6	27.5	22.5	21.6
Other Long-Term Assets	38.2	29	32.7	28.6	33.9
Total Assets	2,845	2,770	1,833	1,574	1,540
Accounts Payable	303.1	238	158.5	156.4	127.2
Accrued Expenses	193.2	204.6	159.9	154.1	147.6
Current Portion of Leases	12.3	-	-	-	-
Current Income Taxes Payable	-	-	-	-	0.7
Current Unearned Revenue	40.3	14.7	19.7	20.5	25.9
Other Current Liabilities	5.8	9.6	13.4	17.2	35.4
Total Current Liabilities	554.7	466.9	351.5	348.2	336.8
Long-Term Debt	968	985.4	269.7	98.9	133.7
Long-Term Leases	79.6	80.3	48.2	57.4	59.9
Long-Term Unearned Revenue	6.4	7.2	12.7	10.1	5.4
Long-Term Deferred Tax Liabilities	18.4	23.9	33.6	20	9.5
Other Long-Term Liabilities	5.9	16.5	18.3	1.4	9.4
Total Liabilities	1,633	1,580	734	539.4	565.3
Common Stock	45.3	45.3	45.3	45.3	45.3
Additional Paid-In Capital	505.2	493.9	484.5	477.5	479.8
Retained Earnings	969.4	956.9	910.6	820.4	741.7
Treasury Stock	-302.7	-297.5	-317.8	-289.1	-274.1
Comprehensive Income & Other	-5.6	-8.8	-23.5	-19.6	-18.3
Shareholders' Equity	1,212	1,190	1,099	1,035	974.4
Total Liabilities & Equity	2,845	2,770	1,833	1,574	1,540
Total Debt	1,060	1,066	317.9	156.3	193.6
Net Cash (Debt)	-963.4	-979.9	-249.5	-102.8	-141.8
Net Cash Per Share	-26.91	-27.68	-7.11	-2.86	-4.02
Filing Date Shares Outstanding	35.31	35.08	34.36	34.86	35.02
Total Common Shares Outstanding	35.29	35.06	34.34	34.84	34.92
Working Capital	955.9	922.7	746.4	659	600.2
Book Value Per Share	34.33	33.94	32.00	29.70	27.91
Tangible Book Value	415.2	347.8	820	892.6	825.6
Tangible Book Value Per Share	11.76	9.92	23.88	25.62	23.65
Land	9.2	9.5	3.3	3.3	3.3
Buildings	118.3	118.1	95.9	94.7	114.7
Machinery	309.7	324.1	295.7	269.9	262.2
Order Backlog	537.2	-	-	-	-

Updated Jul 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q