AAR Corp.
AIRFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
5/31/2025
Revenue
2,781
Cost of Revenue
2,253
Gross Profit
528
Gross Margin
19.0%
Operating Income
185
Operating Margin
6.7%
Net Income
13
Net Margin
0.4%
EPS (Basic)
$0.35
EPS (Diluted)
$0.35
EBITDA
170
EBITDA Margin
6.1%
2024
5/31/2024
Revenue
2,319
Cost of Revenue
1,877
Gross Profit
442
Gross Margin
19.1%
Operating Income
129
Operating Margin
5.6%
Net Income
46
Net Margin
2.0%
EPS (Basic)
$1.30
EPS (Diluted)
$1.29
EBITDA
143
EBITDA Margin
6.2%
2023
5/31/2023
Revenue
1,991
Cost of Revenue
1,620
Gross Profit
370
Gross Margin
18.6%
Operating Income
134
Operating Margin
6.7%
Net Income
90
Net Margin
4.5%
EPS (Basic)
$2.56
EPS (Diluted)
$2.53
EBITDA
161
EBITDA Margin
8.1%
2022
5/31/2022
Revenue
1,820
Cost of Revenue
1,507
Gross Profit
313
Gross Margin
17.2%
Operating Income
107
Operating Margin
5.9%
Net Income
79
Net Margin
4.3%
EPS (Basic)
$2.19
EPS (Diluted)
$2.16
EBITDA
144
EBITDA Margin
7.9%
2021
5/31/2021
Revenue
1,652
Cost of Revenue
1,376
Gross Profit
276
Gross Margin
16.7%
Operating Income
85
Operating Margin
5.2%
Net Income
36
Net Margin
2.2%
EPS (Basic)
$1.01
EPS (Diluted)
$1.00
EBITDA
73
EBITDA Margin
4.4%