AAR Corp Financial Flexibility Index

Latest as of May 2026: 0.04x

AAR Corp financial flexibility index. AAR Corp (AIR) has a Financial Flexibility Index of 0.04x as of May 2026. Free cash flow of $74.10 Million (operating CF $57.80 Million minus capex $16.30 Million) represents 0% of total liabilities ($1.65 Billion). See AIR FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$74.10 Million
Operating CF − Capex

Total Liabilities

$1.65 Billion
USD

Capital Expenditures

$16.30 Million
USD

Financial Flexibility Index of AAR Corp (1989–2026)

Financial flexibility index of AAR Corp from 1989 to 2026. Historical Financial Flexibility Index trend for AAR Corp across 38 annual periods. Check earnings quality score of AAR Corp to evaluate the quality of earnings relative to operating cash generation.

AAR Corp Financial Flexibility Index by Year (1989–2026)

AAR Corp financial flexibility index by year from 1989 to 2026. Year-by-year free cash flow to debt coverage for AAR Corp. For the full cash flow conversion analysis, see AIR operating cash flow.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.10x $164.10 Million $98.70 Million $1.65 Billion ▲ +129.1%
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 —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities