AAR Historical Income Statement

AIR Stock

USD 69.08 1.24 1.83%

Historical analysis of AAR Corp income statement accounts such as Interest Expense of 45.4 M, Selling General Administrative of 327.8 M or Total Revenue of 1.2 B can show how well AAR Corp performed in making a profits. Evaluating AAR Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AAR Corp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining AAR Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AAR Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.

About AAR Income Statement Analysis

AAR Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AAR Corp shareholders. The income statement also shows AAR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

AAR Corp Income Statement Chart

At this time, AAR Corp's Income Tax Expense is relatively stable compared to the past year. As of 11/25/2024, Net Income Applicable To Common Shares is likely to grow to about 108.9 M, while Total Revenue is likely to drop slightly above 1.2 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts AAR Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AAR Corp minus its cost of goods sold. It is profit before AAR Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AAR Corp. It is also known as AAR Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from AAR Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AAR Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Income Tax Expense is relatively stable compared to the past year. As of 11/25/2024, Net Income Applicable To Common Shares is likely to grow to about 108.9 M, while Total Revenue is likely to drop slightly above 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	313.2M	370.1M	442.3M	464.4M
Total Revenue	1.8B	2.0B	2.3B	1.2B

Gross Profit Total Revenue

AAR Corp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Extraordinary Items	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.53	0.01	0.4	-0.04	0.42	-0.07	-0.64	-0.23	0.45	0.03	-0.25	0.14	0.14	-0.12	0.52	0.32	0.61	-0.33	0.41	-0.55	0.56	0.24	0.58	0.65
Interest Expense	0.53		0.54	0.35	0.56	0.33	0.59	0.15	0.5	0.34	0.47	-0.01	-0.51	0.21	0.08	0.33	0.34	-0.07	-0.01	0.28	-0.46	0.45	-0.57	0.45	0.18
Selling General Administrative	0.01	0.54		0.59	0.93	0.58	0.69	0.62	0.79	0.56	0.99	0.23	-0.69	0.22	0.1	-0.11	-0.11	-0.26	-0.08	-0.13	0.44	-0.43	-0.74	-0.41	-0.56
Total Revenue	0.4	0.35	0.59		0.61	1.0	0.44	0.18	0.45	1.0	0.67	0.39	-0.02	0.42	0.24	-0.13	-0.21	0.12	-0.03	0.15	0.19	-0.24	-0.06	-0.23	-0.18
Gross Profit	-0.04	0.56	0.93	0.61		0.58	0.9	0.76	0.93	0.56	0.92	0.54	-0.52	0.44	0.41	-0.22	-0.09	-0.31	0.19	-0.04	0.4	-0.36	-0.66	-0.37	-0.55
Other Operating Expenses	0.42	0.33	0.58	1.0	0.58		0.38	0.13	0.39	1.0	0.66	0.33	-0.02	0.37	0.18	-0.11	-0.22	0.15	-0.08	0.15	0.18	-0.24	-0.04	-0.22	-0.16
Operating Income	-0.07	0.59	0.69	0.44	0.9	0.38		0.78	0.94	0.37	0.67	0.72	-0.34	0.58	0.66	-0.21	0.06	-0.34	0.47	0.07	0.21	-0.12	-0.55	-0.15	-0.37
Ebit	-0.64	0.15	0.62	0.18	0.76	0.13	0.78		0.9	0.1	0.59	0.65	-0.4	0.29	0.46	-0.53	-0.23	-0.61	0.51	-0.21	0.51	-0.51	-0.61	-0.52	-0.74
Ebitda	-0.23	0.5	0.79	0.45	0.93	0.39	0.94	0.9		0.38	0.77	0.67	-0.43	0.44	0.51	-0.36	-0.11	-0.42	0.45	-0.04	0.32	-0.33	-0.64	-0.32	-0.55
Cost Of Revenue	0.45	0.34	0.56	1.0	0.56	1.0	0.37	0.1	0.38		0.65	0.33	0.0	0.38	0.18	-0.09	-0.21	0.16	-0.08	0.17	0.15	-0.21	-0.02	-0.19	-0.13
Total Operating Expenses	0.03	0.47	0.99	0.67	0.92	0.66	0.67	0.59	0.77	0.65		0.28	-0.59	0.23	0.11	-0.19	-0.17	-0.2	-0.09	-0.11	0.48	-0.5	-0.64	-0.48	-0.59
Income Before Tax	-0.25	-0.01	0.23	0.39	0.54	0.33	0.72	0.65	0.67	0.33	0.28		0.32	0.66	0.88	-0.51	-0.18	-0.17	0.73	0.11	0.35	-0.28	0.06	-0.31	-0.31
Total Other Income Expense Net	0.14	-0.51	-0.69	-0.02	-0.52	-0.02	-0.34	-0.4	-0.43	0.0	-0.59	0.32		0.17	0.32	-0.2	-0.15	0.42	0.34	0.32	-0.19	0.14	0.93	0.12	0.39
Net Income	0.14	0.21	0.22	0.42	0.44	0.37	0.58	0.29	0.44	0.38	0.23	0.66	0.17		0.82	0.28	-0.37	-0.31	0.29	0.11	0.21	0.22	0.06	0.01	-0.06
Income Tax Expense	-0.12	0.08	0.1	0.24	0.41	0.18	0.66	0.46	0.51	0.18	0.11	0.88	0.32	0.82		-0.14	-0.17	-0.24	0.72	0.22	0.23	0.06	0.08	-0.07	-0.06
Discontinued Operations	0.52	0.33	-0.11	-0.13	-0.22	-0.11	-0.21	-0.53	-0.36	-0.09	-0.19	-0.51	-0.2	0.28	-0.14		0.01	-0.08	-0.52	0.09	-0.31	0.73	-0.01	0.54	0.44
Net Income From Continuing Ops	0.32	0.34	-0.11	-0.21	-0.09	-0.22	0.06	-0.23	-0.11	-0.21	-0.17	-0.18	-0.15	-0.37	-0.17	0.01		0.5	0.03	0.12	-0.42	0.25	-0.15	0.44	0.51
Non Recurring	0.61	-0.07	-0.26	0.12	-0.31	0.15	-0.34	-0.61	-0.42	0.16	-0.2	-0.17	0.42	-0.31	-0.24	-0.08	0.5		-0.11	0.31	-0.26	0.04	0.45	0.25	0.54
Non Operating Income Net Other	-0.33	-0.01	-0.08	-0.03	0.19	-0.08	0.47	0.51	0.45	-0.08	-0.09	0.73	0.34	0.29	0.72	-0.52	0.03	-0.11		0.25	0.02	-0.06	-0.01	0.01	0.05
Minority Interest	0.41	0.28	-0.13	0.15	-0.04	0.15	0.07	-0.21	-0.04	0.17	-0.11	0.11	0.32	0.11	0.22	0.09	0.12	0.31	0.25		-0.4	0.38	0.24	0.34	0.32
Tax Provision	-0.55	-0.46	0.44	0.19	0.4	0.18	0.21	0.51	0.32	0.15	0.48	0.35	-0.19	0.21	0.23	-0.31	-0.42	-0.26	0.02	-0.4		-0.8	-0.22	-0.78	-0.69
Extraordinary Items	0.56	0.45	-0.43	-0.24	-0.36	-0.24	-0.12	-0.51	-0.33	-0.21	-0.5	-0.28	0.14	0.22	0.06	0.73	0.25	0.04	-0.06	0.38	-0.8		0.19	0.83	0.72
Net Interest Income	0.24	-0.57	-0.74	-0.06	-0.66	-0.04	-0.55	-0.61	-0.64	-0.02	-0.64	0.06	0.93	0.06	0.08	-0.01	-0.15	0.45	-0.01	0.24	-0.22	0.19		0.13	0.39
Interest Income	0.58	0.45	-0.41	-0.23	-0.37	-0.22	-0.15	-0.52	-0.32	-0.19	-0.48	-0.31	0.12	0.01	-0.07	0.54	0.44	0.25	0.01	0.34	-0.78	0.83	0.13		0.79
Reconciled Depreciation	0.65	0.18	-0.56	-0.18	-0.55	-0.16	-0.37	-0.74	-0.55	-0.13	-0.59	-0.31	0.39	-0.06	-0.06	0.44	0.51	0.54	0.05	0.32	-0.69	0.72	0.39	0.79

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AAR Corp Account Relationship Matchups

AAR Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	45.6M	36.3M	33.1M	27.9M	41.2M	38.3M
Interest Expense	9.3M	5M	2.4M	11.2M	43.2M	45.4M
Selling General Administrative	220.6M	182.4M	202.2M	230.4M	312.2M	327.8M
Total Revenue	2.1B	1.7B	1.8B	2.0B	2.3B	1.2B
Gross Profit	269.2M	275.9M	313.2M	370.1M	442.3M	464.4M
Other Operating Expenses	2.0B	1.6B	1.7B	1.9B	2.2B	1.2B
Operating Income	41.3M	85.2M	106.9M	133.9M	162.1M	170.2M
Ebit	41.3M	36.8M	111.1M	133.4M	162.1M	170.2M
Ebitda	86.9M	73.1M	144.2M	161.3M	203.3M	213.5M
Cost Of Revenue	1.8B	1.4B	1.5B	1.6B	1.9B	1.0B
Total Operating Expenses	226M	190.9M	203.4M	233M	280.2M	294.2M
Income Before Tax	30.4M	64.5M	105.1M	121.2M	58.3M	50.1M
Total Other Income Expense Net	(10.9M)	(20.7M)	(1.8M)	(12.7M)	(103.8M)	(98.6M)
Net Income	24.8M	35.8M	78.7M	90.2M	46.3M	34.8M
Income Tax Expense	5.6M	18.2M	26.6M	31.4M	12M	13.2M
Net Income Applicable To Common Shares	4.4M	35.4M	78.7M	90.2M	103.7M	108.9M
Discontinued Operations	(20.4M)	(10.5M)	200K	400K	360K	378K
Net Income From Continuing Ops	84.1M	(2.0B)	46.3M	(1.7B)	(1.9B)	48.6M
Non Recurring	5.4M	8.5M	1.2M	2.6M	2.3M	2.2M
Non Operating Income Net Other	(3.5M)	(15.5M)	(2.3M)	(3.7M)	(3.3M)	(3.5M)
Tax Provision	5.6M	18.2M	26.6M	31.4M	12M	12.1M
Extraordinary Items	(20.4M)	(10.5M)	200K	400K	360K	378K
Net Interest Income	(8.8M)	(4.8M)	(2.3M)	(11.2M)	(41M)	(39.0M)
Reconciled Depreciation	43.7M	36.3M	33.1M	27.9M	41.2M	33.7M

Pair Trading with AAR Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAR Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAR Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against AAR Stock

0.55	EH	Ehang Holdings	Pair Corr
0.32	DPRO	Draganfly	Pair Corr

The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAR Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAR Corp to buy it.

The correlation of AAR Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for AAR Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for AAR Stock Analysis

When running AAR Corp's price analysis, check to measure AAR Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.

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AAR Historical Income Statement

About AAR Income Statement Analysis

AAR Corp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

AAR Corp income statement Correlations

AAR Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AAR Corp income statement Accounts

Pair Trading with AAR Corp

Moving against AAR Stock

Additional Tools for AAR Stock Analysis

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 0.99	Selling General Administrative
Ebitda	+ 0.94	Operating Income
Gross Profit	+ 0.93	Selling General Administrative

Extraordinary Items	- 0.8	Tax Provision
Interest Income	- 0.78	Tax Provision
Reconciled Depreciation	- 0.74	Ebit
Net Interest Income	- 0.74	Selling General Administrative
Reconciled Depreciation	- 0.69	Tax Provision
Total Other Income Expense Net	- 0.69	Selling General Administrative