aar is a global aerospace and defense contractor employing more than 6,500 people with 60 locations in 20 countries. based in wood dale, illinois, aar is one of the leading providers of aircraft maintenance and repair, supply chain and logistics management, technology infrastructure and remote airlift services in the world. we serve customers through two operating segments: aviation services and expeditionary services. aar has an entrepreneurial dynamic culture focused on providing innovative solutions that help customers, operate more efficiently. using our “close-to-the-customer” business model, we offer a diverse and balanced mixed products and services that include: aviation services • mro services • parts & supply chain expeditionary services • airlift • mobility aar has 60 years of experience helping customers do more with less. aar’s connected and talented employees drive our dynamic culture, which makes aar a great place to work. with our focus on innovation, the
Company profile
Ticker
AIR
Exchange
Website
CEO
John Holmes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AAR do Brasil Ltda. • Rags of Honor, LLC • AAR Aircraft & Engine Sales & Leasing, Inc. • AAR Asset Management, LLC • AAR International • AAR Aircraft Services, Inc. • Aviation Maintenance Staffing, Inc. • Aeronautica Corporation • AAR Airlift Group, Inc. • AAR Airlift Pakistan (Private) Limited ...
IRS number
362334820
AIR stock data
Latest filings (excl ownership)
8-K
AAR completes acquisition of Triumph Group’s Product Support business
1 Mar 24
8-K
Risks Related to the Triumph Group Product Support Business Acquisition
14 Feb 24
8-K/A
Departure of Directors or Certain Officers
17 Jan 24
8-K
Regulation FD Disclosure
8 Jan 24
10-Q
2024 Q2
Quarterly report
21 Dec 23
8-K
Entry into a Material Definitive Agreement
21 Dec 23
8-K
AAR reports second quarter fiscal year 2024 results
21 Dec 23
8-K
AAR announces agreement to acquire Triumph Group’s Product Support business, a leading provider of MRO services to the global aviation aftermarket
21 Dec 23
8-K
AAR elects Billy Nolen to its Board of Directors
12 Oct 23
S-8
Registration of securities for employees
26 Sep 23
Transcripts
AIR
Earnings call transcript
2024 Q2
21 Dec 23
AIR
Earnings call transcript
2024 Q1
26 Sep 23
AIR
Earnings call transcript
2023 Q4
18 Jul 23
AIR
Earnings call transcript
2023 Q3
21 Mar 23
AIR
Earnings call transcript
2023 Q2
21 Dec 22
AIR
Earnings call transcript
2023 Q1
23 Sep 22
AIR
Earnings call transcript
2022 Q4
21 Jul 22
AIR
Earnings call transcript
2022 Q3
23 Mar 22
AIR
Earnings call transcript
2023 Q3
20 Mar 22
AIR
Earnings call transcript
2022 Q2
22 Dec 21
Latest ownership filings
SC 13G/A
EARNEST PARTNERS LLC
11 Mar 24
4
MARC JAY WALFISH
1 Mar 24
4
ROBERT F LEDUC
1 Mar 24
SC 13G/A
EARNEST PARTNERS LLC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
STATE STREET CORP
24 Jan 24
SC 13G/A
BlackRock Inc.
19 Jan 24
4
MARC JAY WALFISH
4 Dec 23
4
ROBERT F LEDUC
4 Dec 23
Financial summary
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Diluted EPS |
Annual (USD) | May 23 | May 22 | May 21 | May 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm |
Cash burn (monthly) | 4.90 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 17.84 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 57.66 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 11.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
90.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 229 |
Opened positions | 37 |
Closed positions | 22 |
Increased positions | 78 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 1.90 tn |
Total shares | 32.16 mm |
Total puts | 26.90 k |
Total calls | 78.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.87 mm | $349.38 bn |
Vanguard | 3.72 mm | $221.25 bn |
Dimensional Fund Advisors | 2.82 mm | $167.97 bn |
Earnest Partners | 1.98 mm | $117.70 bn |
STT State Street | 1.77 mm | $105.12 bn |
Rubric Capital Management | 1.23 mm | $73.13 bn |
BEN Franklin Resources | 931.78 k | $55.47 bn |
Victory Capital Management | 891.35 k | $53.06 bn |
Geode Capital Management | 693.04 k | $41.26 bn |
Loomis Sayles & Co L P | 680.24 k | $40.48 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Feb 24 | Marc Jay Walfish | Phantom Stock Common Stock | Grant | Acquire A | No | No | 66.78 | 543 | 36.26 k | 49,796 |
29 Feb 24 | Leduc Robert F | Phantom Stock Common Stock | Grant | Acquire A | No | No | 66.78 | 214 | 14.29 k | 3,659 |
30 Nov 23 | Leduc Robert F | Phantom Stock Common Stock | Grant | Acquire A | No | No | 69.3 | 205 | 14.21 k | 3,445 |
30 Nov 23 | Marc Jay Walfish | Phantom Stock Common Stock | Grant | Acquire A | No | No | 69.3 | 523 | 36.24 k | 49,253 |
12 Oct 23 | Pace Peter | Common Stock | Sell | Dispose S | No | No | 59.0944 | 5,561 | 328.62 k | 20,022 |
News
AAR Prices Upsized Offering of $550M 6.750% Senior Notes Due 2029 To Finance Triumph Product Support Acquisition
15 Feb 24
AAR Announces Update To Financing Of Triumph Product Support Acquisition Of Triumph Group's Product Support Business; Announces Proposed Offering Of $500M Of Senior Notes Due 2029
14 Feb 24
Why Aerospace Company Triumph Shares Are Tumbling Today
7 Feb 24
AAR Issues Statement On January 5, 2024, Alaska Airlines Boeing 737 Max 9 Incident; Says AAR Did Not Perform Any Work On Or Near Any Mid-Cabin Exit Door Plug Of That Specific Aircraft
8 Jan 24
Boeing, Pacific Biosciences of California And Other Big Stocks Moving Lower On Monday
8 Jan 24
Press releases
AAR to announce third quarter fiscal year 2024 results on March 21, 2024
7 Mar 24
TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR
1 Mar 24
AAR completes acquisition of Triumph Group's Product Support business
1 Mar 24
Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines
21 Feb 24
AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition
14 Feb 24