AAR CORP
For the period ended May 31, 2026. Filed Jul 22, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Jul 22, 2026
AIR$116.62+6.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
ASSETS
| | | | | | | |
|---|---|---|---|---|---|---|
| · · May 31, | ||||||
| · · 2026 · · 2025 | ||||||
| | | (In millions, except share data) | ||||
| Current assets: | | | | | | |
| Cash and cash equivalents | | $84.0 | | $96.5 | ||
| Restricted cash | | | 23.8 | | | 12.7 |
| Accounts receivable, net | | | 386.8 | | | 354.8 |
| Contract assets | | | 148.4 | | | 140.3 |
| Inventories | | 979.0 | | 809.2 | ||
| Prepaid expenses and other current assets | | | 120.1 | | | 97.1 |
| Total current assets | | 1,742.1 | | 1,510.6 | ||
| | | | | | | |
| Property, plant and equipment, at cost: | | | | | | |
| Land | | | 7.3 | | | 9.2 |
| Buildings and improvements | | | 92.7 | | | 118.3 |
| Equipment and furniture and fixtures | | | 309.1 | | | 309.7 |
| | | | 409.1 | | | 437.2 |
| Accumulated depreciation | | | (242.2) | | | (278.7) |
| | | | 166.9 | | | 158.5 |
| | | | | | | |
| Other assets: | | | | | | |
| Goodwill | | 580.3 | | 530.8 | ||
| Intangible assets, net | | 281.6 | | 219.6 | ||
| Operating lease right-of-use assets, net | | | 210.8 | | | 93.3 |
| Rotable assets, net | | | 180.3 | | | 172.4 |
| Other non-current assets | | 193.9 | | | 159.4 | |
| | | 1,446.9 | | 1,175.5 | ||
| | | $3,355.9 | | $2,844.6 | ||
CONSOLIDATED BALANCE SHEETS
LIABILITIES AND EQUITY
| | | | | | | |
|---|---|---|---|---|---|---|
| · · May 31, | ||||||
| · · 2026 · · 2025 | ||||||
| | | (In millions, except share data) | ||||
| Current liabilities: | | | | | | |
| Accounts payable | | $295.6 | | $303.1 | ||
| Deferred revenue | | | 50.3 | | | 40.3 |
| Other accrued liabilities | | 267.3 | | 211.3 | ||
| Total current liabilities | | 613.2 | | 554.7 | ||
| | | | | | | |
| Long-term debt | | 893.9 | | 968.0 | ||
| Operating lease liabilities | | | 101.1 | | | 79.6 |
| Deferred tax liabilities | | 23.1 | | 18.4 | ||
| Other liabilities | | 20.8 | | 12.3 | ||
| | | 1,038.9 | | 1,078.3 | ||
| Equity: | | | | | | |
| Preferred stock, $1.00 par value, authorized 250,000 shares; none issued | | –– | | –– | ||
| Common stock, $1.00 par value, authorized 100,000,000 shares; issued 48,750,786 and 45,300,786 shares at cost, respectively | | 48.8 | | 45.3 | ||
| Capital surplus | | 789.7 | | 505.2 | ||
| Retained earnings | | 1,157.1 | | 969.4 | ||
| Treasury stock, 8,871,272 and 9,470,781 shares at cost, respectively | | (287.9) | | (302.7) | ||
| Accumulated other comprehensive loss | | (3.9) | | (5.6) | ||
| Total equity | | 1,703.8 | | 1,211.6 | ||
| | | $3,355.9 | | $2,844.6 | ||
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