Superworth

AAR price to free cash flow AIR

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026
24.0×
10-year median
38.7×
Against its 10-year history
10th
percentile: 0 is its lowest day, 100 its highest
10-year range
7.1× to 178×
Peer median
29.2×

AAR's price to free cash flow is 24.0× as of Oct 23, 2026.

That is below its ten-year median of 38.7×, lower than on 90% of days in the last ten years.

Over that time it ranged from 7.1× in Mar 2020 to 178× in Sep 2024.

The median for 10 aerospace and defense stocks of a similar size is 29.2×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far24.0×24.0×94.5×
2025130×118×148×
2024143×60.4×178×
202378.6×78.6×80.0×
202227.2×21.6×40.0×
202129.1×12.0×55.6×
202045.8×7.1×97.0×
201924.2×24.2×52.2×
201848.7×34.7×48.7×
2017n/m a value too high to mean anything
2016106×85.2×110×
201528.9×13.5×30.1×
201414.7×7.6×14.7×
20138.3×5.9×10.0×
20127.6×5.8×229×

Against its peers

Companies in Aerospace & Defense nearest AAR's size, closest first, today.

CompanyPrice to free cash flow
AIRAAR24.0×
THOThor Industries21.4×
KRMNKarmann/m
HOGHarley-Davidsonn/m
LOARLoar54.4×
ATROAstronics41.0×
SAROStandardAero32.9×
KTOSKratos Defense & Security Solutionsn/m
DRSLeonardo DRS25.4×
HIIHuntington Ingalls Industriesn/m
TXTTextron17.4×
Peer median29.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on AAR

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.