AAR Corp (AIR) — Free Cash Flow Generation Index
Latest as of February 2026:
0.56x
AAR Corp (AIR) has a Free Cash Flow Generation Index of 0.56x as of February 2026. Free cash flow of $41.70 Million represents 1% of operating cash flow ($74.70 Million). Read debt load of AAR Corp for a breakdown of total debt and financial obligations.
FCF Generation Index
0.56x
Free Cash Flow / Operating CF
Free Cash Flow
$41.70 Million
USD
Operating Cash Flow
$74.70 Million
USD
Capital Expenditures
$33.00 Million
USD
AAR Corp Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for AAR Corp across 32 annual periods. Explore capital reinvestment ratio of AAR Corp to see what proportion of operating cash flow is directed to capital expenditures.
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 AIR market cap.
| 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).