AAR Corp (AIR) — Financial Flexibility Index
AAR Corp (AIR) has a Financial Flexibility Index of 0.06x as of February 2026. Free cash flow of $107.70 Million (operating CF $74.70 Million minus capex $33.00 Million) represents 0% of total liabilities ($1.69 Billion). Check strategic asset allocation of AAR Corp to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
AAR Corp Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for AAR Corp across 37 annual periods. See AIR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for AAR Corp (1989–2025)
Year-by-year free cash flow to debt coverage for AAR Corp. For the full company profile including market capitalisation, see how much is AAR Corp worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.04x | $70.80 Million | $36.10 Million | $1.63 Billion | ▼ -6.5% |
| 2024 | 0.05x | $73.30 Million | $43.60 Million | $1.58 Billion | ▼ -35.5% |
| 2023 | 0.07x | $52.80 Million | $23.30 Million | $734.00 Million | ▼ -58.1% |
| 2022 | 0.17x | $92.50 Million | $75.20 Million | $539.40 Million | ▼ -16.8% |
| 2021 | 0.21x | $116.50 Million | $105.20 Million | $565.30 Million | ▲ +2039.5% |
| 2020 | -0.01x | $-12.50 Million | $-36.10 Million | $1.18 Billion | ▼ -107.7% |
| 2019 | 0.14x | $84.80 Million | $67.40 Million | $611.30 Million | ▼ -5.4% |
| 2018 | 0.15x | $86.30 Million | $64.30 Million | $588.40 Million | ▲ +56.2% |
| 2017 | 0.09x | $55.40 Million | $21.80 Million | $589.90 Million | ▼ -54.0% |
| 2016 | 0.20x | $120.50 Million | $32.10 Million | $590.20 Million | ▲ +3667.8% |
| 2015 | 0.01x | $3.30 Million | $-43.00 Million | $609.00 Million | ▼ -96.1% |
| 2014 | 0.14x | $166.30 Million | $139.80 Million | $1.19 Billion | ▼ -15.4% |
| 2013 | 0.16x | $200.50 Million | $162.90 Million | $1.22 Billion | ▲ +18.1% |
| 2012 | 0.14x | $185.44 Million | $94.22 Million | $1.33 Billion | ▼ -48.1% |
| 2011 | 0.27x | $233.48 Million | $108.60 Million | $868.44 Million | ▲ +11.3% |
| 2010 | 0.24x | $182.01 Million | $153.16 Million | $753.83 Million | ▲ +78.3% |
| 2009 | 0.14x | $91.99 Million | $64.45 Million | $679.17 Million | ▲ +122.6% |
| 2008 | 0.06x | $47.26 Million | $16.93 Million | $776.75 Million | ▲ +303.2% |
| 2007 | 0.02x | $8.65 Million | $-21.24 Million | $573.39 Million | ▲ +134.7% |
| 2006 | -0.04x | $-24.19 Million | $-40.48 Million | $556.10 Million | ▼ -128.4% |
| 2005 | 0.15x | $63.97 Million | $50.94 Million | $417.49 Million | ▲ +151.3% |
| 2004 | 0.06x | $24.86 Million | $14.57 Million | $407.61 Million | ▼ -46.5% |
| 2003 | 0.11x | $44.66 Million | $34.73 Million | $391.63 Million | ▲ +315.1% |
| 2002 | -0.05x | $-21.20 Million | $-33.31 Million | $399.96 Million | ▼ -132.4% |
| 2001 | 0.16x | $59.23 Million | $46.09 Million | $361.64 Million | ▲ +103.0% |
| 2000 | 0.08x | $32.40 Million | $10.05 Million | $401.48 Million | ▼ -50.0% |
| 1999 | 0.16x | $64.66 Million | $28.52 Million | $400.60 Million | ▲ +48.0% |
| 1998 | 0.11x | $40.32 Million | $22.82 Million | $369.70 Million | ▼ -28.7% |
| 1997 | 0.15x | $39.82 Million | $9.53 Million | $260.32 Million | ▲ +10.4% |
| 1996 | 0.14x | $32.31 Million | $24.76 Million | $233.21 Million | ▲ +30.2% |
| 1995 | 0.11x | $24.33 Million | $15.26 Million | $228.69 Million | ▲ +91.4% |
| 1994 | 0.06x | $12.68 Million | $6.70 Million | $228.14 Million | ▼ -61.9% |
| 1993 | 0.15x | $25.70 Million | $16.80 Million | $176.00 Million | ▲ +70.7% |
| 1992 | 0.09x | $17.00 Million | $8.80 Million | $198.70 Million | ▼ -65.2% |
| 1991 | 0.25x | $45.80 Million | $36.90 Million | $186.20 Million | ▲ +64.3% |
| 1990 | 0.15x | $29.80 Million | $19.40 Million | $199.00 Million | ▲ +163.6% |
| 1989 | 0.06x | $10.50 Million | $100.00K | $184.80 Million | — |