AAR CORP

For the period ended May 31, 2025. Filed Jul 22, 2025.

About this filing

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.

FY2025 · Filed Jul 22, 2025

AIR$116.62+6.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

ASSETS


· · May 31,
· 2025 · 2024
		(In millions, except share data)
Current assets:
Cash and cash equivalents	$96.5		$85.8
Restricted cash	12.7		10.3
Accounts receivable, net	354.8		287.2
Contract assets	140.3		123.2
Inventories	809.2		733.1
Rotable assets and equipment on or available for short-term lease	38.3		81.5
Assets of discontinued operations	6.2		9.9
Prepaid expenses and other current assets	52.6		58.6
Total current assets	1,510.6		1,389.6

Property, plant and equipment, at cost:
Land	9.2		9.5
Buildings and improvements	118.3		118.1
Equipment and furniture and fixtures	309.7		324.1
	437.2		451.7
Accumulated depreciation	(278.7)		(280.0)
	158.5		171.7

Other assets:
Goodwill	530.8		554.8
Intangible assets, net	219.6		235.4
Operating lease right-of-use assets, net	93.3		96.6
Rotable assets supporting long-term programs	172.4		166.3
Other non-current assets	159.4		155.6
	1,175.5		1,208.7
	$2,844.6		$2,770.0

CONSOLIDATED BALANCE SHEETS

LIABILITIES AND EQUITY


· · May 31,
· 2025 · 2024
		(In millions, except share data)
Current liabilities:
Accounts payable	$303.1		$238.0
Accrued liabilities	245.8		219.3
Liabilities of discontinued operations	5.8		9.6
Total current liabilities	554.7		466.9

Long-term debt	968.0		985.4
Operating lease liabilities	79.6		80.3
Deferred tax liabilities	18.4		23.9
Other liabilities	12.3		23.7
	1,078.3		1,113.3
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 45,300,786 shares at cost	45.3		45.3
Capital surplus	505.2		493.9
Retained earnings	969.4		956.9
Treasury stock, 9,470,781 and 9,606,820 shares at cost, respectively	(302.7)		(297.5)
Accumulated other comprehensive loss	(5.6)		(8.8)
Total equity	1,211.6		1,189.8
	$2,844.6		$2,770.0

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.