← BackAAR CORP · Aircraft & PartsAIR
Low riskNext report: Around Jan 5, 2027 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 24% in the latest quarter vs a year ago
- Profitable every year for 10 years
- Sales up 19% last year
Money moves
- Insiders sold $425K in the last 30 days
- Institutions added 1.2% to their holdings in the quarter ending June 2026 (225 bought, 170 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$97.26+2.0% that day
- Company value
- $3.9B
- Share price times all shares
- Price vs profit (P/E)
- 19.9x
- You pay about $20 for each $1 of yearly profit
- Price vs sales
- 1.1x
- Company value is 1.1 times a year of sales
- Cash vs value
- 3%
- Cash as a share of company value
- Debt vs value
- 24%
- Debt as a share of company value
From AIR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Aug '26$918.0M+24% vs a year earlier
Nov '23Tap a barAug '26
Last 12 months: $3.5B, up 22% from the 12 months before. Over 5 years, sales grew about 15% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.7%
- MissDebt under half of equityNot relying on borrowed money.0.61x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.7%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$62.1M
- MissShare count not growingNot diluting owners. Falling means buybacks.+9.4% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.18.8%
- Revenue
- $3.3B
- +19.0% vs prior year
- 5-year growth
- +14.9%/yr
- revenue, per year
- Total debt
- $952.7M
- 0.61x equity
- Current ratio
- 2.84x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 31, 2026- Revenue
- $918.0M
- +24.1% YoY
- EPS
- $1.00
- vs $0.95
- Gross margin
- 19.2%
- +1.1 pts
- Free cash flow
- $44.0M
- Share count
- +11.1%
- vs a year ago
Insider rating
Last 90 days
34Selling
- 1 insider sold $425K (not pre-planned)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
64/ 100
- This week
- 3
- Normal week
- 1.7
- vs normal
- 1.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.2%Institutions added 1.2% to their holdings. 225 bought, 170 sold. 4 quarters of net buying in a row.
Shares held by institutions40.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+4.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.5x · $879.6M debtShares outstandingLatest reported
40MWhy low risk- 1 offering filing in 6 months (may sell new shares)
Next reportAround Jan 5, 2027 (est.)Estimated from the same quarter last year
- Results filedSep 28
- Results filedJul 21
- Results filedMar 24
- Results filedJan 6
- Results filedSep 23, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$425K1 insider, 0 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Ellen M. LordDirector | Sell | 4K | $100.24 | $425K | 10K | |
- -29.5% of their holdings
- Not a pre-planned sale
- Filed 2 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.