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AIR

AAR CORP

At today's price, AAR CORP (AIR) is priced for today's economics sustained for ~8.6 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~8.6 years
Priced In
high

Key Takeaways

The surprise is the parts distribution business: the Parts Supply segment grew 45 percent in the third fiscal quarter, with 36 percent organic growth in new-parts distribution and 55 percent organic growth in sales to government customers. This is not the slow-moving MRO shop the name suggests. At $135.25 the stock trades near 35 times operating income, and the price embeds operating growth held at the self-funding ceiling for roughly nine years, a pace well above what the company has historica

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Institutional ownership

362 institutional managers reported holding AIR in 13F filings for the quarter ended 2026-03-31. 87 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 1.3M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AIR's share count grew 9.8% over the past five years even with $97.60M spent on repurchases. It pays no dividend. Cash returned over the past three years: $5.10M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at AIR over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AIR's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-03-22+6.8%-5.1%
2023-09-27-1.1%+12.7%
2023-12-22-10.6%+3.8%
2024-03-22-6.5%+18.6%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AIR's latest 8-K filings: 2026-05-12 (items 7.01, 9.01); 2026-05-06 (items 7.01, 9.01); 2026-04-24 (items 7.01, 8.01, 9.01); 2026-03-24 (items 2.02, 9.01); 2026-02-11 (items 5.02, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.