AAR Debt to Equity Ratio 2012-2026 | AIR

Current and historical debt to equity ratio values for AAR (AIR) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. AAR debt/equity for the three months ending February 28, 2026 was 0.54.
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AAR Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-02-28 $1.69B $1.64B 1.03
2025-11-30 $1.68B $1.56B 1.08
2025-08-31 $1.68B $1.25B 1.35
2025-05-31 $1.63B $1.21B 1.35
2025-02-28 $1.68B $1.18B 1.42
2024-11-30 $1.67B $1.18B 1.41
2024-08-31 $1.57B $1.21B 1.30
2024-05-31 $1.58B $1.19B 1.33
2024-02-29 $0.85B $1.17B 0.73
2023-11-30 $0.81B $1.16B 0.70
2023-08-31 $0.83B $1.12B 0.74
2023-05-31 $0.73B $1.10B 0.67
2023-02-28 $0.61B $1.07B 0.57
2022-11-30 $0.61B $1.04B 0.59
2022-08-31 $0.56B $1.04B 0.54
2022-05-31 $0.54B $1.04B 0.52
2022-02-28 $0.53B $1.02B 0.53
2021-11-30 $0.52B $1.01B 0.52
2021-08-31 $0.55B $0.99B 0.55
2021-05-31 $0.57B $0.97B 0.58
2021-02-28 $0.71B $0.93B 0.76
2020-11-30 $0.77B $0.90B 0.85
2020-08-31 $0.82B $0.89B 0.92
2020-05-31 $1.18B $0.90B 1.30
2020-02-29 $0.90B $0.93B 0.97
2019-11-30 $0.83B $0.92B 0.90
2019-08-31 $0.77B $0.91B 0.85
2019-05-31 $0.61B $0.91B 0.68
2019-02-28 $0.65B $0.90B 0.72
2018-11-30 $0.67B $0.94B 0.72
2018-08-31 $0.61B $0.93B 0.66
2018-05-31 $0.59B $0.94B 0.63
2018-02-28 $0.60B $0.92B 0.65
2017-11-30 $0.64B $0.91B 0.70
2017-08-31 $0.61B $0.93B 0.66
2017-05-31 $0.59B $0.91B 0.65
2017-02-28 $0.62B $0.89B 0.70
2016-11-30 $0.61B $0.87B 0.70
2016-08-31 $0.57B $0.86B 0.66
2016-05-31 $0.59B $0.87B 0.68
2016-02-29 $0.66B $0.86B 0.77
2015-11-30 $0.67B $0.86B 0.78
2015-08-31 $0.69B $0.86B 0.81
2015-05-31 $0.61B $0.85B 0.72
2015-02-28 $1.19B $0.94B 1.27
2014-11-30 $1.23B $1.00B 1.22
2014-08-31 $1.20B $1.01B 1.20
2014-05-31 $1.19B $1.00B 1.19
2014-02-28 $1.23B $0.99B 1.24
2013-11-30 $1.19B $0.97B 1.23
2013-08-31 $1.19B $0.94B 1.27
2013-05-31 $1.22B $0.92B 1.32
2013-02-28 $1.29B $0.93B 1.40
2012-11-30 $1.29B $0.90B 1.42
2012-08-31 $1.29B $0.88B 1.46
2012-05-31 $1.33B $0.87B 1.54
2012-02-29 $1.33B $0.89B 1.49
2011-11-30 $0.96B $0.86B 1.11
2011-08-31 $0.90B $0.85B 1.06
2011-05-31 $0.87B $0.84B 1.04
2011-02-28 $0.85B $0.81B 1.06
2010-11-30 $0.78B $0.78B 0.99
2010-08-31 $0.77B $0.76B 1.02
2010-05-31 $0.75B $0.75B 1.01
2010-02-28 $0.59B $0.74B 0.80
2009-11-30 $0.59B $0.73B 0.82
2009-08-31 $0.64B $0.71B 0.90
2009-05-31 $0.68B $0.70B 0.98
2009-02-28 $0.76B $0.64B 1.18
2008-11-30 $0.76B $0.62B 1.23
2008-08-31 $0.75B $0.60B 1.24
2008-05-31 $0.78B $0.59B 1.33
2008-02-29 $0.77B $0.56B 1.36
2007-11-30 $0.61B $0.53B 1.15
2007-08-31 $0.57B $0.51B 1.11
2007-05-31 $0.57B $0.49B 1.16
2007-02-28 $0.54B $0.47B 1.15
2006-11-30 $0.55B $0.45B 1.22
2006-08-31 $0.54B $0.44B 1.25
2006-05-31 $0.56B $0.42B 1.32
2006-02-28 $0.55B $0.39B 1.39
2005-11-30 $0.47B $0.33B 1.43
2005-08-31 $0.44B $0.32B 1.37
2005-05-31 $0.42B $0.32B 1.33
2005-02-28 $0.39B $0.32B 1.24
2004-11-30 $0.40B $0.31B 1.29
2004-08-31 $0.40B $0.30B 1.31
2004-05-31 $0.41B $0.30B 1.35
2004-02-29 $0.43B $0.30B 1.43
2003-11-30 $0.37B $0.30B 1.26
2003-08-31 $0.39B $0.29B 1.33
2003-05-31 $0.39B $0.30B 1.33
2003-02-28 $0.41B $0.31B 1.34
2002-11-30 $0.42B $0.31B 1.38
2002-08-31 $0.42B $0.31B 1.36
2002-05-31 $0.40B $0.31B 1.29
2002-02-28 $0.38B $0.32B 1.19
2001-11-30 $0.43B $0.28B 1.51
2001-08-31 $0.42B $0.34B 1.23
2001-05-31 $0.36B $0.34B 1.06
2001-02-28 $0.41B $0.35B 1.19
2000-11-30 $0.43B $0.34B 1.27
2000-08-31 $0.41B $0.34B 1.20
2000-05-31 $0.40B $0.34B 1.19
2000-02-29 $0.41B $0.34B 1.20
1999-11-30 $0.41B $0.34B 1.20
1999-08-31 $0.38B $0.34B 1.15
1999-05-31 $0.40B $0.33B 1.23
1999-02-28 $0.39B $0.32B 1.21
1998-11-30 $0.42B $0.32B 1.34
1998-08-31 $0.40B $0.31B 1.29
1998-05-31 $0.37B $0.30B 1.23
1998-02-28 $0.37B $0.29B 1.27
1997-11-30 $0.30B $0.28B 1.07
1997-08-31 $0.27B $0.28B 0.97
1997-05-31 $0.26B $0.27B 0.97
1997-02-28 $0.26B $0.26B 0.98
1996-11-30 $0.26B $0.21B 1.21
1996-08-31 $0.24B $0.21B 1.17
1996-05-31 $0.23B $0.21B 1.14
1996-02-29 $0.23B $0.20B 1.12
1995-11-30 $0.22B $0.20B 1.11
1995-08-31 $0.21B $0.20B 1.08
1995-05-31 $0.23B $0.20B 1.16
1995-02-28 $0.23B $0.19B 1.19
1994-11-30 $0.22B $0.19B 1.17
1994-08-31 $0.22B $0.19B 1.16
1994-05-31 $0.23B $0.19B 1.20
1994-02-28 $0.22B $0.19B 1.16
1993-11-30 $0.22B $0.19B 1.18
1993-08-31 $0.19B $0.19B 1.00
1993-05-31 $0.18B $0.19B 0.93
1993-02-28 $0.19B $0.19B 0.98
1992-11-30 $0.20B $0.20B 1.04
1992-08-31 $0.20B $0.20B 1.00
1992-05-31 $0.20B $0.20B 1.01
1992-02-29 $0.20B $0.20B 1.01
1991-11-30 $0.20B $0.20B 1.00
1991-08-31 $0.18B $0.20B 0.93
1991-05-31 $0.19B $0.19B 0.96
1991-02-28 $0.19B $0.19B 1.00
1990-11-30 $0.19B $0.19B 1.02
1990-08-31 $0.19B $0.19B 0.99
1990-05-31 $0.20B $0.19B 1.05
1990-02-28 $0.20B $0.19B 1.06
1989-11-30 $0.19B $0.18B 1.06
1989-08-31 $0.19B $0.18B 1.06
1989-05-31 $0.19B $0.17B 1.08
1989-02-28 $0.18B $0.17B 1.09
1988-11-30 $0.17B $0.16B 1.06
1988-08-31 $0.16B $0.16B 1.03
1988-05-31 $0.13B $0.15B 0.89
1988-02-29 $0.14B $0.15B 0.99
1987-11-30 $0.13B $0.14B 0.89
1987-08-31 $0.10B $0.14B 0.73
1987-05-31 $0.10B $0.13B 0.75
1986-05-31 $0.10B $0.10B 1.08
Sector Industry Market Cap Revenue
Aerospace Aerospace and Defense Equipment $4.805B $2.781B
AAR Corp. provides various products & services to the aviation & defense industries world wide. Its principal customers are The Boeing Co. and Airbus. It has 2 business segments: Aviation Services and Expeditionary Services. The Aviation Services unit provides aftermarket support & services for the commercial aviation, and government & defense markets. It sells & leases various new, overhauled and repaired engine & airframe parts & components, and aircraft to commercial aviation and government/defense customers. It provides inventory management & distribution services, overhaul, repair and engineering services. The Expeditionary Services segment includes airlift & mobility activities. This division provides products and services for the movement of equipment and personnel by the U.S. Department of Defense, foreign governments/ non-governmental organizations. This unit also designs manufactures and installs in-plane cargo loading and handling systems for commercial aircraft, military aircraft and helicopters.
Stock Name Country Market Cap PE Ratio
Airbus SE - (EADSY) Netherlands $156.273B 26.20
Rolls-Royce Holdings (RYCEY) United Kingdom $144.054B 0.00
Bae Systems (BAESY) United Kingdom $89.542B 0.00
Rheinmetall AG (RNMBY) Germany $79.303B 0.00
Transdigm Group (TDG) United States $68.174B 33.63
Elbit Systems (ESLT) Israel $41.130B 72.80
Heico (HEI) United States $40.345B 57.15
Rocket Lab (RKLB) United States $38.748B 0.00
Saab AB - (SAABY) Sweden $35.114B 44.32
Heico (HEI.A) United States $30.665B 43.44
Teledyne Technologies (TDY) United States $29.904B 29.33
Axon Enterprise (AXON) United States $27.813B 353.00
Curtiss-Wright (CW) United States $26.784B 54.81
FTAI Aviation (FTAI) United States $25.789B 54.42
Woodward (WWD) United States $23.160B 50.39
ATI (ATI) United States $22.136B 50.06
BWX Technologies (BWXT) United States $21.031B 57.25
Bombardier (BDRBF) Canada $18.469B 0.00
Kratos Defense & Security Solutions (KTOS) United States $13.177B 185.10
Leonardo DRS (DRS) United States $12.252B 40.40
Karman Holdings (KRMN) United States $10.936B 229.22
Moog (MOG.B) United States $9.982B 33.19
Moog (MOG.A) United States $9.899B 32.92
AeroVironment (AVAV) United States $8.974B 59.71
CAE Inc (CAE) Canada $8.838B 30.86
Hexcel (HXL) United States $6.302B 47.49
Loar Holdings (LOAR) United States $6.022B 71.47
Mercury Systems Inc (MRCY) United States $4.777B 248.75
Spirit Aerosystems Holdings (SPR) United States $4.642B 0.00
Astronics (ATROB) United States $2.623B 35.68
Astronics (ATRO) United States $2.587B 35.19
Ducommun (DCO) United States $2.098B 37.33
Voyager Technologies (VOYG) United States $1.590B 0.00
EHang Holdings (EH) China $0.771B 0.00
Park Aerospace (PKE) United States $0.621B 63.59
TAT Technologies (TATT) Israel $0.580B 32.63
Innovative Solutions And Support (ISSC) United States $0.447B 24.44
AerSale (ASLE) United States $0.312B 26.40
Outdoor Holding (POWW) United States $0.240B 0.00
GrabAGun Digital Holdings (PEW) United States $0.086B 0.00
Optex Systems Holdings (OPXS) United States $0.081B 15.60
Astrotech (ASTC) United States $0.006B 0.00
DEFSEC Technologies (DFSC) Canada $0.003B 0.00