AAR Balance Sheet
NYSE: AIRIndustrialsAerospaceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AAR financial position
At the end of fiscal 2026, AAR reported total assets of $3.36 billion, up 18.0% from a year earlier against total liabilities of $1.65 billion. Shareholders' equity stood at $1.70 billion, or 50.8% of assets. The company held $84.0 million in cash and equivalents against $893.9 million of debt, a net debt position of $809.9 million.
The current ratio (current assets divided by current liabilities) was 2.84, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.52.
Summary generated from market data by MetaCap's automated system. Methodology
AAR balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 | FY 20232023-05-31 | FY 20222022-05-31 | FY 20212021-05-31 | FY 20202020-05-31 | FY 20192019-05-31 | FY 20182018-05-31 | FY 20172017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 84.00M | 96.50M | 85.80M | 68.40M | 53.50M | 51.80M | 404.70M | 21.30M | 31.10M | 10.30M |
| Receivables | 386.80M | 354.80M | 287.20M | 241.30M | 214.00M | 166.70M | 171.90M | 197.80M | 202.00M | 234.50M |
| Inventory | 979.00M | 809.20M | 733.10M | 574.10M | 550.50M | 540.60M | 623.10M | 523.70M | 460.70M | 433.40M |
| Total Current Assets | 1.74B | 1.51B | 1.39B | 1.10B | 1.01B | 937.00M | 1.44B | 952.50M | 942.70M | 888.40M |
| Property, Plant & Equipment | 166.90M | 158.50M | 171.70M | 126.10M | 109.60M | 120.00M | 135.70M | 132.80M | 133.20M | 117.20M |
| Goodwill | 580.30M | 530.80M | 554.80M | 175.80M | 116.40M | 119.30M | 115.70M | 116.20M | 118.70M | 105.60M |
| Intangible Assets | 281.60M | 219.60M | 235.40M | 63.70M | 3.30M | 4.50M | 6.00M | 22.20M | 27.80M | 30.60M |
| Total Assets | 3.36B | 2.84B | 2.77B | 1.83B | 1.57B | 1.54B | 2.08B | 1.52B | 1.52B | 1.50B |
| Accounts Payable | 295.60M | 303.10M | 238.00M | 158.50M | 156.40M | 127.20M | 191.60M | 187.80M | 170.00M | 164.20M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — | 100.00K |
| Total Current Liabilities | 613.20M | 554.70M | 466.90M | 351.50M | 348.20M | 336.80M | 383.10M | 357.50M | 333.30M | 335.00M |
| Long-Term Debt | 893.90M | 968.00M | 985.40M | 269.70M | 98.90M | 133.70M | 600.00M | 141.70M | 177.20M | 154.10M |
| Total Liabilities | 1.65B | 1.63B | 1.58B | 734.00M | 539.40M | 565.30M | 1.18B | 611.30M | 588.40M | 589.90M |
| Shareholders' Equity | 1.70B | 1.21B | 1.19B | 1.10B | 1.03B | 974.40M | 902.60M | 905.90M | 936.30M | 914.20M |
| Retained Earnings | 1.16B | 969.40M | 956.90M | 910.60M | 820.40M | 741.70M | 706.00M | 709.80M | 733.20M | 727.90M |
| Total Debt | 893.90M | 968.00M | 985.40M | 269.70M | 98.90M | 133.70M | 600.00M | 141.70M | 177.20M | 154.20M |
| Net Cash (Debt) | -809.90M | -871.50M | -899.60M | -201.30M | -45.40M | -81.90M | -195.30M | -120.40M | -146.10M | -143.90M |
This table shows 10 annual periods of AAR's balance sheet, from FY 2026 back to FY 2017, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow AIR's reporting calendar. What is a balance sheet?