AAR Corp (AIR) — Cash Flow Quality Index
Latest as of May 2026:
1.14x
AAR Corp (AIR) has a Cash Flow Quality Index of 1.14x as of May 2026. Operating cash flow of $57.80 Million exceeds net income of $50.70 Million, indicating high earnings quality where cash backs reported profits. Explore AIR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.14x
Operating CF / Net Income
Operating Cash Flow
$57.80 Million
USD
Net Income
$50.70 Million
USD
Data as of
May 2026
Most recent filing
AAR Corp Cash Flow Quality Index (1989–2026)
Historical Cash Flow Quality Index for AAR Corp across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AAR Corp (AIR) cash flow conversion.
Annual Cash Flow Quality Index for AAR Corp (1989–2026)
Year-by-year earnings quality comparison for AAR Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.53x | $98.70 Million | $187.70 Million | ▼ -81.8% |
| 2025 | 2.89x | $36.10 Million | $12.50 Million | ▲ +206.7% |
| 2024 | 0.94x | $43.60 Million | $46.30 Million | ▲ +262.9% |
| 2023 | 0.26x | $23.30 Million | $89.80 Million | ▼ -72.9% |
| 2022 | 0.96x | $75.20 Million | $78.50 Million | ▼ -57.8% |
| 2021 | 2.27x | $105.20 Million | $46.30 Million | ▲ +256.1% |
| 2020 | -1.46x | $-36.10 Million | $24.80 Million | ▼ -281.6% |
| 2019 | 0.80x | $67.40 Million | $84.10 Million | ▼ -8.1% |
| 2018 | 0.87x | $64.30 Million | $73.70 Million | ▲ +100.9% |
| 2017 | 0.43x | $21.80 Million | $50.20 Million | ▼ -45.2% |
| 2016 | 0.79x | $32.10 Million | $40.50 Million | ▲ +119.2% |
| 2015 | -4.13x | $-43.00 Million | $10.40 Million | ▼ -316.5% |
| 2014 | 1.91x | $139.80 Million | $73.20 Million | ▼ -34.9% |
| 2013 | 2.94x | $162.90 Million | $55.50 Million | ▲ +111.9% |
| 2012 | 1.38x | $94.22 Million | $68.03 Million | ▼ -11.0% |
| 2011 | 1.56x | $108.60 Million | $69.83 Million | ▼ -56.1% |
| 2010 | 3.55x | $153.16 Million | $43.20 Million | ▲ +332.6% |
| 2009 | 0.82x | $64.45 Million | $78.65 Million | ▲ +263.8% |
| 2008 | 0.23x | $16.93 Million | $75.14 Million | ▲ +162.2% |
| 2007 | -0.36x | $-21.24 Million | $58.66 Million | ▲ +68.6% |
| 2006 | -1.15x | $-40.48 Million | $35.16 Million | ▼ -134.9% |
| 2005 | 3.30x | $50.94 Million | $15.45 Million | ▼ -20.7% |
| 2004 | 4.16x | $14.57 Million | $3.50 Million | ▲ +67.2% |
| 2001 | 2.49x | $46.09 Million | $18.53 Million | ▲ +770.2% |
| 2000 | 0.29x | $10.05 Million | $35.16 Million | ▼ -58.2% |
| 1999 | 0.68x | $28.52 Million | $41.67 Million | ▲ +6.9% |
| 1998 | 0.64x | $22.82 Million | $35.66 Million | ▲ +54.6% |
| 1997 | 0.41x | $9.53 Million | $23.02 Million | ▼ -73.2% |
| 1996 | 1.55x | $24.76 Million | $16.01 Million | ▲ +6.1% |
| 1995 | 1.46x | $15.26 Million | $10.46 Million | ▲ +106.7% |
| 1994 | 0.71x | $6.70 Million | $9.49 Million | ▼ -98.7% |
| 1993 | 56.00x | $16.80 Million | $300.00K | ▲ +6263.6% |
| 1992 | 0.88x | $8.80 Million | $10.00 Million | ▼ -64.7% |
| 1991 | 2.49x | $36.90 Million | $14.80 Million | ▲ +230.3% |
| 1990 | 0.75x | $19.40 Million | $25.70 Million | ▲ +18620.6% |
| 1989 | 0.00x | $100.00K | $24.80 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.