AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and operations of customer-owned aircraft for the U.S. Department of State; customized performance-based supply chain logistics programs, which includes material planning, sourcing, logistics, information and program management, airframe and maintenance planning, and component repair, and overhaul services for U.S. Department of Defense and foreign governments. Further, it offers airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support; and repair and overhaul components including landing gears, wheels, and brakes for commercial and military aircraft; and operates six airframe maintenance facilities and one landing gear overhaul facility. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

AAR Corp.

(RTTNews) - AAR CORP. (AIR) announced that it has priced an underwritten registered public offering of 3 million shares of its common stock at $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the company at the public offering price.
The company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
The company plans to use the net proceeds of the offering to repay outstanding borrowings under its unsecured revolving credit facility and for general corporate purposes, which may include funding future acquisitions.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR CORP. Prices Public Offering Of 3 Mln Shares At $83.00/shr

AAR Corp. AIR reported first-quarter fiscal 2026 adjusted earnings of $1.08 per share, which topped the Zacks Consensus Estimate of 98 cents by 10.2%. The bottom line also improved 27.1% from the year-ago quarter’s level of 85 cents.
The company reported GAAP earnings of 95 cents per share compared with 50 cents in the prior-year quarter.
The year-over-year improvement in the bottom line can be attributed to strong sales growth and lower selling, general and administrative expenses.
AIR’s Total Sales
In the quarter under review, AAR generated net sales of $739.6 million. The reported figure beat the Zacks Consensus Estimate of $686 million by 7.9%. The figure also increased 11.8% from $661.7 million recorded in the year-ago quarter.
The year-over-year improvement can be attributed to the double-digit growth across both aftermarket parts trading and new parts distribution within the company’s Parts Supply segment.
AAR Corp. Price, Consensus and EPS Surprise
AAR: Segment Details
In the fiscal first quarter, sales in the Parts Supply segment totaled $317.8 million, up 27.3% year over year.
Repair & engineering reported sales of $214.6 million, down 1.4% from the prior-year period’s level.
Integrated solutions sales amounted to $185 million, up 9.5% from the year-ago quarter’s reported number.
Expeditionary Services recorded sales of $22.2 million, down 12.9% year over year.
AIR’s Operational Update
AIR’s adjusted operating margin increased from 9.1% to 9.7%, driven by higher volume and profitability in new parts distribution activities.
Selling, general and administrative expenses amounted to $71.2 million compared with $75.9 million a year ago.
Net interest expenses for the quarter totaled $18.5 million compared with $18.3 million in the year-ago period.
Financial Details of AAR
As of Aug. 31, 2025, AAR’s cash and cash equivalents amounted to $80 million compared with $96.5 million as of May 31, 2025.
The company’s long-term debt totaled $1.02 billion as of Aug. 31, 2025, up from $0.97 billion as of May 31, 2025.
In the first three months of fiscal 2026, net cash used from operating activities was $44.9 million compared with net cash used of $18.6 million in the year-ago period.
AIR’s Zacks Rank
AAR currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Defense Releases
Other companies from the same sector that will soon report their quarterly results are discussed below:
Northrop Grumman Corporation NOC will report its third-quarter 2025 results on Oct. 21, before market open. The Zacks Consensus Estimate for NOC’s earnings is pegged at $6.43 per share, indicating a year-over-year decline of 8.1%.
The consensus estimate for sales stands at $10.69 billion, calling for year-over-year growth of 6.9%.
RTX Corporation RTX is set to report third-quarter 2025 results soon. The Zacks Consensus Estimate for RTX’s earnings is pegged at $1.41 per share, implying a year-over-year decrease of 2.8%.
The consensus estimate for its sales is pegged at $21.40 billion, indicating year-over-year growth of 6.5%.
Textron Inc. TXT is slated to report third-quarter 2025 results soon. The Zacks Consensus Estimate for TXT’s earnings is pegged at $1.46 per share, indicating a year-over-year fall of 4.3%.
The consensus estimate for its sales is pegged at $3.70 billion, calling for a year-over-year rise of 8.1%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR Q1 Earnings Beat Estimates, Sales Increase Year Over Year

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AAR (AIR) Q1 2026 Earnings Call Transcript

AAR (AIR) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +10.20%. A quarter ago, it was expected that this airplane maintenance company would post earnings of $1 per share when it actually produced earnings of $1.16, delivering a surprise of +16%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
AAR, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $739.6 million for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 7.86%. This compares to year-ago revenues of $661.7 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
AAR shares have added about 25.5% since the beginning of the year versus the S&P 500's gain of 13.8%.
What's Next for AAR?
While AAR has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for AAR was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.07 on $706.94 million in revenues for the coming quarter and $4.43 on $2.87 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Teledyne Technologies (TDY), has yet to report results for the quarter ended September 2025.
This defense and aerospace industry supplier is expected to post quarterly earnings of $5.49 per share in its upcoming report, which represents a year-over-year change of +7.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Teledyne Technologies' revenues are expected to be $1.53 billion, up 5.7% from the year-ago quarter.
Should You Invest in AAR Corp. (AIR)?
Before you invest in AAR Corp. (AIR), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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AAR Corp. (AIR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR (AIR) Surpasses Q1 Earnings and Revenue Estimates

(RTTNews) - AAR Corp (AIR) revealed a profit for its first quarter that Increases, from last year
The company's earnings came in at $34.4 million, or $0.95 per share. This compares with $18.0 million, or $0.50 per share, last year.
Excluding items, AAR Corp reported adjusted earnings of $39.0 million or $1.08 per share for the period.
The company's revenue for the period rose 11.8% to $739.6 million from $661.7 million last year.
AAR Corp earnings at a glance (GAAP) :
-Earnings: $34.4 Mln. vs. $18.0 Mln. last year. -EPS: $0.95 vs. $0.50 last year. -Revenue: $739.6 Mln vs. $661.7 Mln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR Corp Announces Climb In Q1 Profit

The following companies are expected to report earnings after hours on 09/23/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Micron Technology, Inc. (MU)is reporting for the quarter ending August 31, 2025. The computer company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.67. This value represents a 169.70% increase compared to the same quarter last year. In the past year MU has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 20.98%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MU is 22.43 vs. an industry ratio of 25.00.
Worthington Enterprises, Inc. (WOR)is reporting for the quarter ending August 31, 2025. The building company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.80. This value represents a 60.00% increase compared to the same quarter last year. In the past year WOR and beat the expectations the other two quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for WOR is 16.72 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry.
AAR Corp. (AIR)is reporting for the quarter ending August 31, 2025. The aerospace and defense company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.98. This value represents a 15.29% increase compared to the same quarter last year. In the past year AIR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 16%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for AIR is 17.36 vs. an industry ratio of 57.60.
MillerKnoll, Inc. (MLKN)is reporting for the quarter ending August 31, 2025. The furniture company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.35. This value represents a 2.78% decrease compared to the same quarter last year. MLKN missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -14.29%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for MLKN is 10.99 vs. an industry ratio of 4.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Aytu BioPharma, Inc. (AYTU)is reporting for the quarter ending June 30, 2025. The biomedical (gene) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.02. This value represents a 97.56% increase compared to the same quarter last year. In the past year AYTU Zacks Investment Research reports that the 2025 Price to Earnings ratio for AYTU is -9.58 vs. an industry ratio of -0.50.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for September 23, 2025 : MU, WOR, AIR, MLKN, AYTU

AAR Corp. AIR subsidiary Airinmar recently inked a multi-year extension deal to provide support services to Philippines-based low-cost carrier Cebu Pacific.
Per the terms of the agreement, AIR’s subsidiary Airimar will continue to provide a comprehensive range of support services, including aircraft warranty management and value engineering. The services are designed to streamline Cebu Pacific’s materials management, maximize warranty recoveries, and cut both component repair expenses and overall maintenance costs.
Rising aircraft deliveries are fueling demand for warranty management to control costs and ensure reliable fleet performance, while aging fleets nearing expiry are boosting the need for value engineering to extend service life, improve efficiency and cut operating costs.
AAR’s Focus on Aircraft MRO Services
Per a Mordor Intelligence report, the Asia-Pacific (APAC) aircraft MRO market has been witnessing a strong growth trend, supported by rising air traffic and fleet expansions across China, India and Southeast Asia. The firm projects the market to expand at a CAGR of 6.3% during the 2025-2030 period.
Such solid growth opportunities in the APAC aircraft MRO market must have prompted AAR, a renowned provider of MRO solutions to commercial and defense aircraft.
For more than 40 years, AAR, through its subsidiary Airinmar, has provided tailored component repair and warranty management services to airlines, MROs, original equipment manufacturers, helicopter operators, and military programs, delivering lower repair costs, greater component availability and improved operational efficiency.
In March 2025, AAR secured a multi-year agreement to deliver nacelle MRO services for Cebu Pacific’s A320 fleet equipped with CFM56-5B engines. The work will be carried out at its Chonburi, Thailand, facility.
By broadening its long-term partnerships and reinforcing its presence in the APAC region, AAR is well-positioned to seize growth opportunities in the aircraft MRO market.
Opportunities for Other Aerospace Stocks
Other aerospace contractors that are anticipated to benefit from the expanding aircraft MRO market in the APAC region are as follows:
GE Aerospace GE: In September 2025, the company announced plans to invest $75 million in its MRO and component repair facilities across the APAC region through the end of 2025.
GE has a long-term (three to five years) earnings growth rate of 15.8%. The Zacks Consensus Estimate for 2025 earnings per share is pinned at $5.87, which implies a rise of 27.6%.
RTX Corporation RTX: The company’s business unit, Collins Aerospace, is headquartered in Singapore and operates five facilities offering MRO and manufacturing services for airlines, along with project management, engineering and back-office support for avionics solutions.
RTX has a long-term earnings growth rate of 9.1%. The Zacks Consensus Estimate for 2025 sales is pinned at $85.69 billion, which suggests a jump of 6.1%.
Lockheed Martin LMT: In 2024, the company inked an agreement with Tata Advanced Systems Limited to set up an MRO facility in India to support the Indian Air Force’s fleet of 12 C-130Js, as well as other global Super Hercules fleets.
LMT has a long-term earnings growth rate of 10.3%. The Zacks Consensus Estimate for 2025 sales stands at $74.21 billion, which calls for an increase of 4.5%.
AAR Stock's Price Movement
In the past three months, AAR shares have risen 13.1% compared with the industry’s growth of 6.6%.
Image Source: Zacks Investment Research
AAR’s Zacks Rank
AAR Corp. currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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AAR Corp. (AIR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR Inks Multi-Year Aircraft Support Service Deal With Cebu Pacific

Heico Corporation (HEI) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +12.50%. A quarter ago, it was expected that this company would post earnings of $1.02 per share when it actually produced earnings of $1.12, delivering a surprise of +9.8%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Heico, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.15 billion for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 3.06%. This compares to year-ago revenues of $992.25 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Heico shares have added about 30.2% since the beginning of the year versus the S&P 500's gain of 10%.
What's Next for Heico?
While Heico has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Heico was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.16 on $1.14 billion in revenues for the coming quarter and $4.57 on $4.37 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, AAR (AIR), has yet to report results for the quarter ended August 2025.
This airplane maintenance company is expected to post quarterly earnings of $0.98 per share in its upcoming report, which represents a year-over-year change of +15.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
AAR's revenues are expected to be $685.74 million, up 3.6% from the year-ago quarter.
Should You Invest in Heico Corporation (HEI)?
Before you invest in Heico Corporation (HEI), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AAR Corp. (AIR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Heico Corporation (HEI) Q3 Earnings and Revenues Top Estimates

Eric Pachapa, chief accounting officer and controller of AAR Corp.(NYSE:AIR), executed an open-market sale of 5,000 shares on Aug. 4, 2025, valued at approximately $364,600, reducing his direct ownership of the company to 20,385 shares.
Transaction summary
Shares traded
5,000
Transaction value
$364,581.50
Post-transaction shares
20,385
Post-transaction value
$1.5 million
1-year performance
28.86%
Transaction and post-transaction values based on Aug. 4 market close price of $72.92.
Key questions
How does this transaction compare to Pachapa's historical trading activity?
This transaction is consistent with a recent trend of smaller, more frequent sales, and there have been four trades in the last 30 days, indicating sustained but moderating disposition activity.
What is the significance of the remaining ownership after this sale?
Post-sale, Pachapa retains 20,385 shares, representing approximately 0.06% of shares outstanding (based on the latest available data), with an estimated market value of $1.5 million as of the Aug. 4 close.
How does market performance contextualize the timing of this sale?
The sale occurred after a period of notable appreciation in the stock's value, with a one-year total return of 28.86%. Shares were priced at $72.92 at the time of the transaction.
What patterns emerge in Pachapa's recent insider activity?
His activity shows a declining pattern in trade size and net shares sold -- natural as he has significantly reduced his stake in the company, giving him fewer shares at his disposal to sell. His median trade size decreased from 12,525 shares a couple of years ago to 5,235 shares more recently. Transaction frequency has remained relatively steady, averaging a 59-day gap, and most of his recent trades were clustered in the summer months, suggesting a disciplined, periodic approach to liquidity events.
Company overview
Market capitalization
$2.60 billion
Revenue (TTM)
$2.78 billion
Net income (TTM)
$12.50 million
One-year price change
28.86%
Company snapshot
Provides aftermarket aviation support, maintenance, repair and overhaul (MRO), inventory management, and expeditionary logistics products and services.
Generates revenue through service contracts, parts sales, leasing, and performance-based logistics programs for both commercial and government clients.
Serves commercial airlines, cargo operators, regional carriers, OEMs, leasing companies, and military/government agencies worldwide.
AAR operates at scale in the aerospace and defense sector, leveraging integrated aviation services and supply chain solutions to support both commercial and government aviation markets. The company's strategy centers on providing comprehensive aftermarket support and mission-critical logistics, differentiating itself through reliability and breadth of service offerings. Its established presence and diverse customer base underpin its competitive position in the global aviation services industry.
Foolish take
It's not a good idea to get too perturbed over an executive selling stock. After all, executives, just like retail investors, often have personal and financial motivations for selling shares that may not reflect their views of the company. However, it's still a good idea to keep an eye on what insiders are doing with their stock holdings.
Pachapa, AAR's chief accounting officer and controller, sold this batch of shares after the company's fourth-quarter earnings release somewhat disappointed the market, as revenue fell short of expectations. AAR offers parts supply to the commercial aerospace and defense markets on long-term supply agreements, and maintenance, repair and engineering services, as well as aviation maintenance software solutions.
As such, it's a play on the growth in flight departures and the increasing outsourcing of parts supply and maintenance to companies like AAR. In a world where supply chains are increasingly complex -- and where they have faced severe challenges over the last few years -- it makes sense for airlines and commercial aviation companies to outsource, and AAR has been a beneficiary of that trend.
Indeed, although the company's recent results came up short of expectations in terms of revenue, it did grow sales by 15% year over year and adjusted earnings before interest, taxation, depreciation, and amortization by 19%.
As such, unless the commercial aerospace market is about to slow down, Pachapa's stock sale does not appear to presage any bad news for AAR.
Glossary
Open-market sale: A transaction where shares are sold on a public stock exchange, not through private arrangements.
Insider activity: Buying or selling of a company's stock by its executives, directors, or significant shareholders.
Disposition activity: The process of selling or otherwise disposing of owned shares or assets.
Direct ownership: Shares held personally by an individual, not through trusts or indirect means.
Outstanding shares: The total number of a company's shares currently held by all shareholders.
Total return: The investment's price change plus all dividends and distributions, assuming those payouts are reinvested.
Aftermarket aviation support: Services provided for aircraft after their initial sale, including maintenance and parts supply.
Maintenance, repair and overhaul (MRO): Services that keep aircraft operational and safe, including inspections, repairs, and upgrades.
Expeditionary logistics: Rapid deployment of supplies and support to remote or temporary locations, often for military or emergency uses.
OEM: Original equipment manufacturer; a company that makes parts or equipment that may be marketed by another manufacturer.
Performance-based logistics: Service contracts where payment depends on meeting specific performance outcomes, often used in defense and aviation.
TTM: The 12-month period ending with the most recent quarterly report.
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Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AAR Chief Accounting Officer Sells Shares for $364,600

Jessica A. Garascia, Senior VP, GC, CAO & Secretary, acquired 4,816 shares of AAR(NYSE:AIR) on July 17, 2025, via a grant transaction valued at approximately $402,810.
Transaction summary
Shares Traded
4,816
Transaction Value
$402,810
Post-Transaction Shares
30,657
Year-to-date performance
29.8% total return as of July 20, 2025
Key questions
How does the size of this transaction compare to the insider's historical activity?
This purchase of 4,816 shares is below Jessica A. Garascia's historical median transaction size of 9,765 shares, based on transactions from November 2, 2022, to July 17, 2025, and well below the 75th percentile mark of 23,150 shares, indicating a relatively modest grant compared to prior activity.
What is the impact on insider ownership and alignment?
The transaction raises Garascia's post-transaction holdings to 30,657 shares, representing approximately 0.08% of total shares outstanding.
Is there any observable shift in trading behavior based on recent patterns?
Recent data shows a shift toward more balanced buy and sell activity, with the last five transactions split evenly between purchases and sales (50% buys over the past 12 months).
How does this transaction align with market performance?
The acquisition occurred after a 29.8% year-to-date total return for AAR as of July 20, 2025.
Company overview
Market Capitalization
$2.91 billion
Revenue (TTM)
$2.78 billion
Net Income (TTM)
$12.50 million
One-Year Price Change
15.7%
Company snapshot
Provides aftermarket aviation services, including maintenance, repair, overhaul, inventory management, engineering, and expeditionary equipment for commercial and defense markets.
Generates revenue through service contracts, product sales, leasing, and performance-based supply chain logistics, with a focus on recurring support for aircraft fleets and government programs.
Serves domestic and foreign passenger and cargo airlines, regional carriers, OEMs, aircraft lessors, and military/government agencies worldwide.
AAR is a leading independent provider of aviation services, leveraging a global footprint to support commercial and defense customers with mission-critical aftermarket solutions.
Foolish take
Jessica A. Garascia is a Senior Vice President at AAR Corp, where she serves as General Counsel, Chief Administrative Officer, and Secretary. She recently acquired restricted stock worth slightly more than $400 thousand "upon certification of performance criteria pursuant to a Restricted Stock Agreement."
In other words, this is a reward for the company outperforming targets that had been set to trigger stock awards. Given that the stock has increased by 25% in 2025, shareholders are unlikely to begrudge the transaction, as it aligns with the principle that management should be incentivized to generate value for shareholders.
It comes as AAR Corp recently reported excellent fourth-quarter 2025 earnings, which closed out a year with 20% revenue growth and 17% earnings growth.
AAR Corp's primary business is parts supply, repair, and engineering services to commercial and cargo airlines, as well as aerospace original equipment manufacturers and military customers. It has long-standing relationships with its key customers. It has been performing well, as commercial flight departures have recovered, and airplane deliveries from Boeing and Airbus have lagged behind expectations in recent years.
That means older planes are flying more, and that's usually good news for companies whose end market is tied to the supply and repair of replacement parts. Couple that with good execution on its growth initiatives, such as its new parts distribution business, and the stock's outperformance seems justified.
Glossary
Insider: A company executive, director, or major shareholder with access to non-public company information.
Grant transaction: The allocation of shares or stock options to an employee, usually as part of compensation or incentive plans.
Post-transaction holdings: The total number of shares an insider owns after completing a transaction.
Total return: The investment's price change plus all dividends and distributions, assuming those payouts are reinvested.
Aftermarket aviation services: Maintenance, repair, and support provided for aircraft after their initial sale or delivery.
Maintenance, repair, overhaul (MRO): Services that keep aircraft operational, including routine checks, fixing issues, and major refurbishments.
Performance-based supply chain logistics: Service contracts where payment depends on meeting specific performance or delivery targets.
OEM (Original Equipment Manufacturer): A company that produces parts or equipment that may be marketed by another manufacturer.
Expeditionary equipment: Specialized gear designed for rapid deployment and use in field or military operations.
TTM: The 12-month period ending with the most recent quarterly report.
Insider ownership: The proportion of a company's shares held by its executives, directors, and key stakeholders.
Transaction value: The total dollar amount involved in a specific share purchase or sale.
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Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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AAR Corp.

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