AIR NYSE
Credit Risk of going bust: lower than 55% of companies Debt: 20.0% of company value Bonds: $91.2M held by 124 funds, 151 bp over Treasuries → details ▾
If the stock fell to about $1.93 (down 98%), AAR Corp. would be worth roughly what it owes.
Total debt $978.4M against a stock market value of $3.91B.
Distance to default 5.67 (Merton model): prices to 2026-10-26, balance sheet 2026-08-31, debt counted $439.8M (short-term plus half of long-term), stock volatility 44.0%; Altman Z 3.63. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Wood Dale, IL 60191
US
AAR Corp. delivers a wide array of products and services to the global commercial aviation, government, and defense sectors. Its Aviation Services division focuses on comprehensive aftermarket support, encompassing inventory management, distribution, and extensive maintenance, repair, and overhaul (MRO) capabilities, alongside specialized engineering services. This segment is also involved in the sale and leasing of new, reconditioned, and repaired aircraft engine and airframe components. It manages tailored inventory and repair programs, processes warranty claims, and provides outsourcing solutions for these critical parts. Furthermore, it implements performance-based supply chain logistics programs specifically designed for the U.S. Department of Defense and international governmental bodies. A full suite of airframe services is offered, including inspection, maintenance, repair, overhaul, painting, line maintenance, modifications, structural repairs, avionics installation, and both exterior and interior refurbishment, complemented by engineering and support. The company also performs repair and overhaul on vital components such as landing gears, wheels, and brakes. The Expeditionary Services division is dedicated to facilitating the movement of equipment and personnel for the U.S. and international governments, as well as non-governmental organizations (NGOs). Its capabilities extend to the design, manufacturing, and repair of various transportation pallets, containers, and shelters. This segment also provides engineering, design, and system integration expertise for sophisticated command and control systems. AAR's diverse clientele includes both domestic and international passenger and cargo airlines, regional and commuter carriers, business and general aviation operators, original equipment manufacturers (OEMs), aircraft leasing firms, other aftermarket aviation support enterprises, and military customers globally. Its marketing and sales efforts are primarily conducted through its dedicated employees and a network of international sales representatives. Established in 1951, AAR Corp. maintains its corporate headquarters in Wood Dale, Illinois.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Lord Ellen M. | S-Sale | 4,241 | $100.24 | 2026-10-20 |
| WALFISH MARC JAY | A-Award | 300 | $129.29 | 2026-08-31 |
| LEDUC ROBERT F | A-Award | 122 | $129.29 | 2026-08-31 |
| Garascia Jessica A. | F-InKind | 5,635 | $140.04 | 2026-07-31 |
| Garascia Jessica A. | F-InKind | 1,028 | $140.04 | 2026-07-31 |