AAR shares outstanding AIR
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Aug 31, 2026
- 39.9M
- On a year earlier
- +11.1%
- more shares
AAR had 39.9M diluted shares outstanding on average in Q1 FY27, the quarter to Aug 31, 2026.
That is 11.1% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 39.6M | +9% |
| FY2025 | 36.4M | +2% |
| FY2024 | 35.7M | +1% |
| FY2023 | 35.4M | −3% |
| FY2022 | 36.6M | +3% |
| FY2021 | 35.6M | +2% |
| FY2020 | 34.8M | +1% |
| FY2019 | 34.6M | −1% |
| FY2018 | 34.9M | +2% |
| FY2017 | 34.3M | +0% |
| FY2016 | 34.3M | −14% |
| FY2015 | 40M | +2% |
| FY2014 | 39.1M | +2% |
| FY2013 | 38.5M | −10% |
| FY2012 | 42.9M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q1 FY27 | 39.9M | +11% | |
| Q4 FY26 | 39.6M | +9% | |
| Q3 FY26 | 39.5M | +12% | |
| Q2 FY26 | 38.1M | +8% | |
| Q1 FY26 | 35.9M | +1% | |
| Q4 FY25 | 36.4M | +2% | |
| Q3 FY25 | 35.4M | +1% | |
| Q2 FY25 | 35.2M | −0% | |
| Q1 FY25 | 35.6M | +1% | |
| Q4 FY24 | 35.7M | +1% | |
| Q3 FY24 | 35.2M | +2% | |
| Q2 FY24 | 35.3M | +2% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on AAR
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.