AIR Income Statement - TTM - AAR Corp.

Income Statement (TTM)

AAR Corp. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 11-30	2021 02-28	2021 05-31	2021 08-31	2021 11-30	2022 02-28	2022 05-31	2022 08-31	2022 11-30	2023 02-28	2023 05-31	2023 08-31	2023 11-30	2024 02-29	2024 05-31	2024 08-31	2024 11-30	2025 02-28	2025 05-31
Revenue	1,774	1,631	1,652	1,707	1,740	1,782	1,820	1,811	1,844	1,913	1,990	2,094	2,170	2,216	2,319	2,431	2,572	2,682	2,780
Change (%)		-8.05	1.29	3.29	1.93	2.41	2.16	-0.48	1.83	3.74	4.03	5.19	3.61	2.13	4.66	4.83	5.79	4.31	3.65
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	1,534	1,432	1,424	1,451	1,487	1,484	1,507	1,481	1,504	1,562	1,620	1,704	1,762	1,793	1,877	1,973	2,088	2,178	2,253
Change (%)		-6.59	-0.60	1.89	2.50	-0.19	1.52	-1.73	1.55	3.84	3.77	5.18	3.40	1.71	4.69	5.12	5.85	4.29	3.45
% of Revenue	86.45	87.82	86.18	85.01	85.49	83.32	82.79	81.75	81.53	81.61	81.41	81.40	81.24	80.90	80.93	81.15	81.20	81.18	81.02

Gross Operating Profit	240	199	228	256	252	297	313	330	341	352	370	390	407	423	442	458	483	505	528
Change (%)		-17.35	14.95	12.00	-1.29	17.70	5.38	5.52	3.09	3.26	5.20	5.24	4.52	3.93	4.54	3.59	5.50	4.43	4.54
% of Revenue	13.55	12.18	13.82	14.99	14.51	16.68	17.21	18.25	18.47	18.39	18.59	18.60	18.76	19.10	19.07	18.85	18.80	18.82	18.98

SG&A	203	190	192	196	196	197	202	203	208	217	232	246	256	289	291	292	360	344	347
Change (%)		-6.26	0.68	2.09	0.05	0.87	2.38	0.30	2.37	4.63	7.05	5.94	4.14	12.68	0.87	0.34	23.19	-4.64	1.14
% of Revenue	11.44	11.67	11.60	11.46	11.25	11.08	11.10	11.19	11.25	11.35	11.68	11.76	11.82	13.04	12.57	12.03	14.01	12.81	12.49

R&D
Change (%)
% of Revenue

OpEx	1,737	1,623	1,616	1,646	1,683	1,682	1,709	1,683	1,711	1,779	1,853	1,951	2,019	2,082	2,168	2,265	2,448	2,521	2,600
Change (%)		-6.55	-0.45	1.91	2.21	-0.07	1.62	-1.49	1.65	3.94	4.17	5.28	3.50	3.11	4.16	4.48	8.09	2.97	3.13
% of Revenue	97.89	99.49	97.77	96.47	96.73	94.40	93.90	92.94	92.78	92.96	93.08	93.16	93.05	93.94	93.49	93.18	95.21	93.99	93.52

Operating Income	37	8	37	60	57	100	111	128	133	135	138	143	151	134	151	166	123	161	180
Change (%)		-77.54	338.10	63.59	-5.65	75.70	11.32	15.03	4.23	1.13	2.23	4.07	5.16	-10.95	12.44	9.87	-25.69	30.93	11.78
% of Revenue	2.11	0.51	2.23	3.53	3.27	5.60	6.10	7.06	7.22	7.04	6.92	6.84	6.95	6.06	6.51	6.82	4.79	6.01	6.48

Interest Expense	-8	-7	-5	-4	-3	-3	-2	-3	-4	-8	-12	-17	-21	-29	-43	-56	-69	-76	-75
Change (%)		-15.85	-27.54	-20.00	-20.00	-15.62	-11.11	16.67	57.14	72.73	60.53	38.52	24.26	38.57	48.45	30.09	23.31	9.52	-0.66
% of Revenue	-0.46	-0.42	-0.30	-0.23	-0.18	-0.15	-0.13	-0.15	-0.24	-0.40	-0.61	-0.81	-0.97	-1.31	-1.86	-2.31	-2.69	-2.83	-2.71

Net Income	-20	5	36	62	74	69	79	90	92	91	90	67	68	60	46	65	10	-12	12
Change (%)		-125.85	575.47	72.63	20.39	-7.53	14.39	14.23	1.89	-0.76	-0.77	-25.83	1.94	-11.44	-23.34	40.17	-83.82	-218.10	-200.81
% of Revenue	-1.16	0.32	2.17	3.62	4.28	3.86	4.32	4.96	4.97	4.75	4.53	3.19	3.14	2.73	2.00	2.67	0.41	-0.46	0.45

Source: Capital IQ

AAR Corp. - Income Statement (TTM)

Income Statement (TTM)

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