“31, 2026 2025 % Change Third-party sales $ 138.8 $ 133.9 3.7 % Operating income 19.1 12.7 50.4 % Operating margin 13.8 % 9.5 % Sales in the Government Solutions segment increased $4.9 million, or 3.7%, over the prior year…”10-Q · Sep 29, 2026 ↗
AAR Corp.
AIR
Market read
No connected market move is active around AAR Corp..
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Parts Supply sales rose 30.5%, with AAR attributing the increase to demand and growth from new and expanded distribution agreements.
- Interest expense fell as AAR cited lower interest rates and lower average borrowings.
Invalidation: The isolated read changes if AIR's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Parts Supply sales rose 30.5%, with AAR attributing the increase to demand and growth from new and expanded distribution agreements.
- Interest expense fell as AAR cited lower interest rates and lower average borrowings.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +19.0% year over year.
- Net margin changed +5.2 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 6 filings.
- Diluted shares increased 7.3% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Supply chain and availability has repeated adverse evidence across 3 filings.
- P/E is 42% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 65% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Oct 2, 2026
102.47Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Interest Expense Interest expense decreased $2.2 million in the first quarter of fiscal 2027 compared to the prior year quarter reflecting the impact of both lower interest rates and lower average borrowings.”10-Q · Sep 29, 2026 ↗
“These adjustments relate to our long-term, power-by-the-hour programs where we provide component inventory management and repair services to commercial customers.”10-Q · Mar 25, 2026 ↗
“We have been subject to government investigation that has resulted in the payment of penalties and has required our compliance with the terms of agreements with government agencies.”10-K · Jul 22, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.2× · EV/sales 1.4×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AIR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AIR. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AIR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
EMBJEmbraer S.A.customerJul 22, 2025 ▾
“Our Repair & Engineering business primarily supports narrow-body Airbus, Boeing and Embraer regional aircraft for customers, as well as U.S.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AIR is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for AIR; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.