AAR Cash Flow Statement
NYSE: AIRIndustrialsAerospaceUSD
100.43-1.15 (-1.13%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AAR free cash flow
In fiscal 2026, AAR generated $98.7 million of operating cash flow and spent $36.6 million on capital expenditures. That left free cash flow of $62.1 million, a free-cash-flow margin of 1.9% of revenue. Free cash flow was up 4335.7% from the prior year's $1.4 million.
Summary generated from market data by MetaCap's automated system. Methodology
AAR cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 187.70M | 12.50M | 46.30M | 90.20M | 78.70M | 35.80M | 4.40M | 7.50M | 15.60M | 56.50M |
| Net Income growth (YoY) | +1401.60% | -73.00% | -48.67% | +14.61% | +119.83% | +713.64% | -41.33% | -51.92% | -72.39% | +18.45% |
| Depreciation & Amortization | 72.10M | 55.20M | 40.20M | 27.20M | 33.10M | 36.30M | 43.70M | 42.80M | 40.50M | 35.70M |
| Stock-Based Compensation | 17.80M | 19.90M | 15.30M | 13.50M | 8.20M | 9.20M | 7.30M | 13.50M | 15.30M | 11.00M |
| Change in Working Capital | 378.80M | 200.30M | 274.80M | 225.30M | 229.00M | 259.20M | 341.60M | 266.90M | 8.00M | -20.50M |
| Operating Cash Flow | 98.70M | 36.10M | 43.60M | 23.30M | 75.20M | 105.20M | -36.10M | 67.40M | 64.30M | 21.80M |
| Capital Expenditures | -36.60M | -34.70M | -29.70M | -29.50M | -17.30M | -11.30M | -23.60M | -17.40M | -22.00M | -25.20M |
| Investing Cash Flow | -308.70M | 10.70M | -758.50M | -138.00M | -16.50M | -500.00K | -24.80M | -19.00M | -42.90M | -30.10M |
| Dividends Paid | — | — | — | — | — | -100.00K | -10.70M | -10.50M | -10.30M | -10.20M |
| Share Repurchases | — | -10.10M | -5.10M | -50.10M | -42.40M | — | -4.10M | -10.30M | -13.10M | -19.80M |
| Debt Issued | 153.00M | — | 550.00M | — | — | — | — | — | 24.80M | — |
| Debt Repaid | — | — | — | — | -24.70M | — | — | -25.00M | — | -10.00M |
| Financing Cash Flow | 208.60M | -33.70M | 729.20M | 137.70M | -59.80M | -469.50M | 444.50M | -48.70M | 10.00M | -12.10M |
| Net Change in Cash | -1.40M | 13.10M | 14.30M | 22.90M | -1.30M | -364.50M | 383.60M | -500.00K | 31.30M | -20.90M |
| Free Cash Flow | 62.10M | 1.40M | 13.90M | -6.20M | 57.90M | 93.90M | -59.70M | 50.00M | 42.30M | -3.40M |
This table shows 10 annual periods of AAR's cash flow statement, from FY 2026 back to FY 2017, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AIR's reporting calendar. What is a cash flow statement?