AAR Corp (AIR) — Free Cash Flow Generation Index
Latest as of February 2026:
1.22x
AAR Corp (AIR) has a Free Cash Flow Generation Index of 1.22x as of February 2026. Free cash flow of $90.80 Million represents 1% of operating cash flow ($74.70 Million). See AAR Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
1.22x
Free Cash Flow / Operating CF
Free Cash Flow
$90.80 Million
USD
Operating Cash Flow
$74.70 Million
USD
Capital Expenditures
$16.10 Million
USD
AAR Corp Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for AAR Corp across 32 annual periods. Explore debt repayment capacity of AAR Corp to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for AAR Corp (1989–2025)
Year-by-year Free Cash Flow Generation Index for AAR Corp. For the full company profile including market capitalisation, see AAR Corp (AIR) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.04x | $1.40 Million | $36.10 Million | $34.70 Million | ▼ -87.8% |
| 2024 | 0.32x | $13.90 Million | $43.60 Million | $29.70 Million | ▲ +219.8% |
| 2023 | -0.27x | $-6.20 Million | $23.30 Million | $29.50 Million | ▼ -134.6% |
| 2022 | 0.77x | $57.90 Million | $75.20 Million | $17.30 Million | ▼ -13.7% |
| 2021 | 0.89x | $93.90 Million | $105.20 Million | $11.30 Million | ▲ +20.3% |
| 2019 | 0.74x | $50.00 Million | $67.40 Million | $17.40 Million | ▲ +12.8% |
| 2018 | 0.66x | $42.30 Million | $64.30 Million | $22.00 Million | ▲ +221.5% |
| 2017 | -0.54x | $-11.80 Million | $21.80 Million | $33.60 Million | ▲ +69.1% |
| 2016 | -1.75x | $-56.30 Million | $32.10 Million | $88.40 Million | ▼ -316.4% |
| 2014 | 0.81x | $113.30 Million | $139.80 Million | $26.50 Million | ▲ +5.4% |
| 2013 | 0.77x | $125.30 Million | $162.90 Million | $37.60 Million | ▲ +2316.5% |
| 2012 | 0.03x | $3.00 Million | $94.22 Million | $91.22 Million | ▲ +121.2% |
| 2011 | -0.15x | $-16.28 Million | $108.60 Million | $124.88 Million | ▼ -118.5% |
| 2010 | 0.81x | $124.30 Million | $153.16 Million | $28.86 Million | ▲ +41.7% |
| 2009 | 0.57x | $36.92 Million | $64.45 Million | $27.54 Million | ▲ +172.3% |
| 2008 | -0.79x | $-13.41 Million | $16.93 Million | $30.33 Million | ▼ -206.5% |
| 2005 | 0.74x | $37.91 Million | $50.94 Million | $13.03 Million | ▲ +153.0% |
| 2004 | 0.29x | $4.29 Million | $14.57 Million | $10.29 Million | ▼ -58.8% |
| 2003 | 0.71x | $24.80 Million | $34.73 Million | $9.93 Million | ▼ -0.1% |
| 2001 | 0.72x | $32.96 Million | $46.09 Million | $13.13 Million | ▲ +158.5% |
| 2000 | -1.22x | $-12.29 Million | $10.05 Million | $22.34 Million | ▼ -358.7% |
| 1999 | -0.27x | $-7.61 Million | $28.52 Million | $36.13 Million | ▼ -214.2% |
| 1998 | 0.23x | $5.33 Million | $22.82 Million | $17.50 Million | ▲ +110.7% |
| 1997 | -2.18x | $-20.76 Million | $9.53 Million | $30.29 Million | ▼ -413.3% |
| 1996 | 0.70x | $17.21 Million | $24.76 Million | $7.55 Million | ▲ +71.5% |
| 1995 | 0.41x | $6.18 Million | $15.26 Million | $9.07 Million | ▲ +280.6% |
| 1994 | 0.11x | $713.00K | $6.70 Million | $5.98 Million | ▼ -77.4% |
| 1993 | 0.47x | $7.90 Million | $16.80 Million | $8.90 Million | ▲ +589.7% |
| 1992 | 0.07x | $600.00K | $8.80 Million | $8.20 Million | ▼ -91.0% |
| 1991 | 0.76x | $28.00 Million | $36.90 Million | $8.90 Million | ▲ +63.6% |
| 1990 | 0.46x | $9.00 Million | $19.40 Million | $10.40 Million | ▲ +100.5% |
| 1989 | -103.00x | $-10.30 Million | $100.00K | $10.40 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).