AAR Corp (AIR)
Gross profit margin
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 527,700 | 504,800 | 483,400 | 458,200 | 442,300 | 423,100 | 407,100 | 389,500 | 370,100 | 351,800 | 337,900 | 330,500 | 313,200 | 295,200 | 300,800 | 291,900 | 275,900 | 240,500 | 219,800 | 236,200 |
| Revenue (ttm) | US$ in thousands | 2,780,500 | 2,682,500 | 2,571,600 | 2,430,900 | 2,318,900 | 2,215,700 | 2,169,500 | 2,093,900 | 1,990,500 | 1,913,300 | 1,844,400 | 1,811,200 | 1,820,000 | 1,781,500 | 1,739,600 | 1,706,600 | 1,652,300 | 1,631,200 | 1,774,000 | 1,931,300 |
| Gross profit margin | 18.98% | 18.82% | 18.80% | 18.85% | 19.07% | 19.10% | 18.76% | 18.60% | 18.59% | 18.39% | 18.32% | 18.25% | 17.21% | 16.57% | 17.29% | 17.10% | 16.70% | 14.74% | 12.39% | 12.23% |
May 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $527,700K ÷ $2,780,500K
= 18.98%
Based on the provided data, the gross profit margin of AAR Corp has demonstrated a consistent upward trend over the analyzed period. Starting at approximately 12.23% as of August 31, 2020, the margin gradually increased to around 18.76% by November 30, 2023. The overall progression indicates an improvement of nearly 6.5 percentage points over this timeframe.
The steady rise reflects enhancements in the company's ability to manage costs relative to revenue, potentially due to increased efficiency, favorable pricing strategies, or improvements in operational segments. Notably, the gross profit margin reached a peak of approximately 19.10% on February 29, 2024, before experiencing a slight decline to approximately 18.80% by November 30, 2024. Subsequently, it slightly increased again, culminating at around 18.98% on May 31, 2025.
This consistent upward trajectory suggests that AAR Corp has successfully improved its profitability at the gross margin level, positioning it favorably within its industry. The data indicates resilience and operational efficiency gains, with margins remaining well above initial levels, and reflects effective cost controls and pricing strategies over the analyzed period.
Peer comparison
May 31, 2025