AAR Corp. (AIR)
NYSE: AIR · Real-Time Price · USD
139.99
+3.07 (2.24%)
Jul 28, 2026, 3:09 PM EDT - Market open
AAR Corp. Cash Flow Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Operating Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Net Income | 187.7 | 12.5 | 46.3 | 179.6 | 157 |
Depreciation & Amortization | 72.1 | 55.2 | 40.2 | 27.2 | 33.1 |
Stock-Based Compensation | 17.8 | 19.9 | 15.3 | 13.5 | 8.2 |
Other Adjustments | -43.4 | 60.8 | 8.1 | 5.3 | 17.1 |
Change in Receivables | 15.8 | -109.4 | -22.4 | -31.8 | -50.9 |
Changes in Inventories | -69 | -109.3 | -90.4 | -23.6 | -10.4 |
Changes in Accounts Payable | -49.9 | 70.5 | 59.4 | - | 29.4 |
Changes in Accrued Expenses | 21.6 | 40.9 | 16.9 | -6.4 | -10.5 |
Changes in Unearned Revenue | - | - | - | - | 3.8 |
Changes in Other Operating Activities | -54 | -5 | -29.6 | -50.2 | -8.5 |
Operating Cash Flow | 98.7 | 36.1 | 43.6 | 23.3 | 75.2 |
Operating Cash Flow Growth | 173.41% | -17.20% | 87.12% | -69.02% | -28.52% |
Investing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Capital Expenditures | -36.6 | -34.7 | -29.7 | -29.5 | -17.3 |
Sale of Property, Plant & Equipment | 25.1 | 4.7 | - | - | 7.3 |
Cash Acquisitions | -259.4 | -1.5 | -722.9 | -103.3 | - |
Proceeds from Business Divestments | 0.6 | 48 | - | - | - |
Other Investing Activities | -38.4 | -5.8 | -5.9 | -5.2 | -6.5 |
Investing Cash Flow | -308.7 | 10.7 | -758.5 | -138 | -16.5 |
Financing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Short-Term Debt Issued | - | - | - | 172 | -9.5 |
Net Short-Term Debt Issued (Repaid) | - | - | - | 172 | -9.5 |
Long-Term Debt Issued | 153 | - | 550 | - | - |
Long-Term Debt Repaid | - | - | - | - | -24.7 |
Net Long-Term Debt Issued (Repaid) | 153 | - | 550 | - | -24.7 |
Issuance of Common Stock | 285.1 | -3.5 | 19.6 | 17.7 | 16.8 |
Repurchase of Common Stock | - | -10.1 | -5.1 | -50.1 | -42.4 |
Net Common Stock Issued (Repurchased) | 285.1 | -13.6 | 14.5 | -32.4 | -25.6 |
Other Financing Activities | -229.5 | -20.1 | 164.7 | -1.9 | - |
Financing Cash Flow | 208.6 | -33.7 | 729.2 | 137.7 | -59.8 |
Net Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Foreign Exchange Rate Adjustments | - | - | - | -0.1 | -0.2 |
Net Cash Flow | -1.4 | 13.1 | 14.3 | 22.9 | -1.3 |
Free Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Free Cash Flow | 62.1 | 1.4 | 13.9 | -6.2 | 57.9 |
Free Cash Flow Growth | 4335.71% | -89.93% | - | - | -38.34% |
FCF Margin | 1.88% | 0.05% | 0.60% | -0.31% | 3.18% |
Free Cash Flow Per Share | 1.62 | 0.04 | 0.39 | -0.18 | 1.61 |
Levered Free Cash Flow | 224.9 | 30.1 | 563.1 | 179.7 | 64.1 |
Unlevered Free Cash Flow | 96.25 | 77.11 | 69.41 | 16.71 | 99.44 |