AAR Corp (AIR) — 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). Check AAR Corp (AIR) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
AAR Corp Financial Flexibility Index (1989–2026)
Historical Financial Flexibility Index trend for AAR Corp across 38 annual periods. For the full cash flow conversion analysis, see AIR operating cash flow.
Annual Financial Flexibility Index for AAR Corp (1989–2026)
Year-by-year free cash flow to debt coverage for AAR Corp. Explore AIR operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| 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 | — |