AAR Corp (AIR) — Tangible Net Worth Ratio

Latest as of May 2026: 83.5%

AAR Corp (AIR) has a Tangible Net Worth Ratio of 83.5% as of May 2026. This metric is calculated by deducting intangible assets ($281.60 Million) from net assets ($1.70 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore AAR Corp (AIR) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

83.5%
Tangible equity / total equity

Net Assets (Equity)

$1.70 Billion
USD

Intangible Assets

$281.60 Million
Goodwill, patents, brand value

Total Assets

$3.36 Billion
USD

AAR Corp Tangible Net Worth Ratio (1986–2026)

This chart shows how AAR Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 83.5%, reflecting net assets of $1.70 Billion with intangible assets of $281.60 Million USD. For live market cap and overall valuation, see AAR Corp market cap and net worth.

Annual Tangible Net Worth Ratio for AAR Corp (1986–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for AAR Corp from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore AAR Corp (AIR) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 83.5% $1.70 Billion $281.60 Million $3.36 Billion ▲ +1.6 pp
2025 81.9% $1.21 Billion $219.60 Million $2.84 Billion ▲ +1.7 pp
2024 80.2% $1.19 Billion $235.40 Million $2.77 Billion ▼ -14.0 pp
2023 94.2% $1.10 Billion $63.70 Million $1.83 Billion ▼ -5.5 pp
2022 99.7% $1.03 Billion $3.30 Million $1.57 Billion ▲ +0.1 pp
2021 99.5% $974.40 Million $4.50 Million $1.54 Billion ▲ +0.2 pp
2020 99.3% $902.60 Million $6.00 Million $2.08 Billion ▲ +1.8 pp
2019 97.5% $905.90 Million $22.20 Million $1.52 Billion ▲ +0.5 pp
2018 97.0% $936.30 Million $27.80 Million $1.52 Billion ▲ +0.4 pp
2017 96.7% $914.20 Million $30.60 Million $1.50 Billion ▲ +0.8 pp
2016 95.9% $865.80 Million $35.80 Million $1.46 Billion ▲ +0.2 pp
2015 95.7% $845.10 Million $36.70 Million $1.45 Billion ▲ +23.4 pp
2014 72.3% $1.00 Billion $277.60 Million $2.19 Billion ▲ +3.0 pp
2013 69.3% $919.50 Million $282.70 Million $2.14 Billion ▼ -2.2 pp
2012 71.5% $866.00 Million $246.90 Million $2.20 Billion ▼ -22.9 pp
2011 94.4% $835.29 Million $47.10 Million $1.70 Billion ▲ +2.0 pp
2010 92.4% $746.35 Million $56.71 Million $1.50 Billion ▼ -1.7 pp
2009 94.1% $696.73 Million $41.24 Million $1.38 Billion ▲ +16.5 pp
2008 77.6% $585.25 Million $131.17 Million $1.36 Billion ▼ -7.0 pp
2007 84.6% $494.24 Million $76.14 Million $1.07 Billion ▼ -4.3 pp
2006 88.9% $422.72 Million $46.79 Million $978.82 Million ▲ +3.0 pp
2005 85.9% $314.74 Million $44.42 Million $732.23 Million ▲ +0.6 pp
2004 85.3% $301.68 Million $44.42 Million $709.29 Million ▲ +0.9 pp
2003 84.4% $294.99 Million $45.95 Million $686.62 Million ▲ +0.6 pp
2002 83.9% $310.24 Million $50.04 Million $710.20 Million ▼ -2.8 pp
2001 86.7% $340.21 Million $45.38 Million $701.85 Million ▼ -1.8 pp
2000 88.5% $336.49 Million $38.84 Million $737.98 Million ▲ +0.8 pp
1999 87.7% $326.00 Million $40.10 Million $726.60 Million ▼ -3.5 pp
1998 91.2% $300.90 Million $26.60 Million $670.60 Million ▼ -8.8 pp
1997 100.0% $269.26 Million $0.00 $529.58 Million ▲ +0.0 pp
1996 100.0% $204.63 Million $0.00 $437.85 Million ▲ +0.0 pp
1995 100.0% $197.12 Million $0.00 $425.81 Million ▲ +0.0 pp
1994 100.0% $189.49 Million $0.00 $417.63 Million ▲ +3.5 pp
1993 96.5% $189.20 Million $6.60 Million $365.20 Million ▲ +0.0 pp
1992 96.5% $196.70 Million $6.90 Million $395.40 Million ▲ +0.2 pp
1991 96.3% $193.80 Million $7.10 Million $380.00 Million ▲ +0.2 pp
1990 96.1% $189.50 Million $7.30 Million $388.50 Million ▲ +0.7 pp
1989 95.5% $171.60 Million $7.80 Million $356.40 Million ▲ +3.6 pp
1988 91.8% $150.50 Million $12.30 Million $284.90 Million ▼ -0.1 pp
1987 91.9% $134.30 Million $10.90 Million $235.10 Million ▲ +2.5 pp
1986 89.4% $95.40 Million $10.10 Million $198.30 Million
pp = percentage points