Demand and volumepositive · 5 filings
“Sales for our USM activities increased $92.7 million as a result of increased demand for whole assets as those sales increased $50.6 million over the prior year.”10-K · Jul 22, 2026 ↗
AAR Corp.
AIR
Market read
AAR Corp.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Company+0.8% todayVolume comparison unavailable
Market group0 of 26 activeCyclical Industrial Demand · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AIR's market-adjusted activity becomes unusual and at least one connected name confirms.
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 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AIR's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements139
Verified relationships5
Evidence supporting the case
- 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 5 filings.
Evidence challenging the case
- Diluted shares increased 7.3% in the latest annual period.
- Supply chain and availability has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 31% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 58% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
125.166m+20.6%12m+69.0%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-05-31$1.8B+10.1%$2.17+2.0%
2023-05-31$2.0B+9.4%$2.53-2.5%
2024-05-31$2.3B+16.5%$1.29+0.9%
2025-05-31$2.8B+19.9%$0.35+1.1%
2026-05-31$3.3B+19.0%$4.86+7.3%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesmixed · 4 filings
“Interest Expense Interest expense in fiscal 2026 decreased $3.3 million reflecting the impact of both lower interest rates and lower average borrowings.”10-K · Jul 22, 2026 ↗
Supply chain and availabilitynegative · 3 filings
“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 ↗
Legal and regulatory exposuremixed · 2 filings
“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 1.5× · EV/sales 1.7×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
125.16+0.8% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 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 Cyclical Industrial Demand. 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.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.