AAR profit margin AIR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 5.5%
- Operating margin, 12 months
- 8.2%
- Net margin on a year earlier
- +4.5 pts
- Peer median
- 5.6%
Over the twelve months to Aug 31, 2026, AAR kept 5.5% of its revenue as net profit, with an operating margin of 8.2% and a gross margin of 19.1%.
Five years earlier its net margin was 3.6%.
The median for 10 aerospace and defense stocks of a similar size is 5.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 5.7% | 8.4% | 18.8% |
| FY2025 | 0.4% | 6.7% | 19.0% |
| FY2024 | 2.0% | 5.6% | 19.1% |
| FY2023 | 4.5% | 6.7% | 18.6% |
| FY2022 | 4.3% | 5.9% | 17.2% |
| FY2021 | 2.2% | 5.2% | 16.7% |
| FY2020 | 0.2% | 2.0% | 13.0% |
| FY2019 | 0.4% | 4.8% | 16.1% |
| FY2018 | 0.9% | 4.9% | 17.1% |
| FY2017 | 3.6% | 5.2% | 17.2% |
| FY2016 | 2.8% | 3.8% | 14.0% |
| FY2015 | 0.6% | −0.7% | 10.0% |
| FY2014 | 4.3% | 8.3% | 19.2% |
| FY2013 | 2.6% | 5.7% | 14.7% |
| FY2012 | 3.3% | 6.3% | 15.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 5.5% | +4.5 pts | 8.2% | |
| Q4 FY26 | 5.7% | +5.2 pts | 8.4% | |
| Q3 FY26 | 5.5% | +5.9 pts | 8.6% | |
| Q2 FY26 | 3.2% | +2.8 pts | 9.3% | |
| Q1 FY26 | 1.0% | −1.7 pts | 7.2% | |
| Q4 FY25 | 0.4% | −1.5 pts | 6.7% | |
| Q3 FY25 | −0.5% | −3.2 pts | 5.4% | |
| Q2 FY25 | 0.4% | −2.7 pts | 4.1% | |
| Q1 FY25 | 2.7% | −0.5 pts | 6.1% | |
| Q4 FY24 | 2.0% | −2.5 pts | 5.6% | |
| Q3 FY24 | 2.7% | −2.0 pts | 6.0% | |
| Q2 FY24 | 3.1% | −1.8 pts | 6.2% |
Against its peers
Companies in Aerospace & Defense nearest AAR's size, closest first, today.
| Company | Profit margin |
|---|---|
| AIRAAR | 5.5% |
| THOThor Industries | 1.8% |
| KRMNKarman | 6.3% |
| HOGHarley-Davidson | 4.8% |
| LOARLoar | 11.6% |
| ATROAstronics | 8.4% |
| SAROStandardAero | 5.1% |
| KTOSKratos Defense & Security Solutions | 2.0% |
| DRSLeonardo DRS | 8.5% |
| HIIHuntington Ingalls Industries | 5.0% |
| TXTTextron | 6.1% |
| Peer median | 5.6% |
Where AAR ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on AAR
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.