AAR Corp (AIR)
Operating profit margin
| 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 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 123,800 | 124,200 | 126,700 | 122,100 | 134,800 | 132,100 | 127,800 | 125,200 | 106,400 | 91,300 | 99,600 | 90,800 | 75,300 | 475,400 | 441,000 | 447,400 | 460,900 | 607,100 | 557,500 | 546,200 |
| Revenue (ttm) | US$ in thousands | 2,272,900 | 2,183,800 | 2,146,300 | 2,075,600 | 1,977,600 | 1,904,800 | 1,839,500 | 1,806,700 | 1,815,900 | 1,776,800 | 1,734,400 | 1,701,900 | 1,627,100 | 1,607,600 | 1,758,900 | 1,915,600 | 2,075,300 | 2,221,500 | 2,187,900 | 2,119,700 |
| Operating profit margin | 5.45% | 5.69% | 5.90% | 5.88% | 6.82% | 6.94% | 6.95% | 6.93% | 5.86% | 5.14% | 5.74% | 5.34% | 4.63% | 29.57% | 25.07% | 23.36% | 22.21% | 27.33% | 25.48% | 25.77% |
May 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $123,800K ÷ $2,272,900K
= 5.45%
The operating profit margin of AAR Corp has shown fluctuation over the past few quarters. The margin ranged from 4.63% to 29.57% during the period from November 2020 to May 2024. It reached its peak at 29.57% in February 2021 but experienced a significant decline in the following quarters. There was a notable drop in operating profit margin in the quarters ending in May and November 2021, where the margins were 5.74% and 5.14%, respectively.
The margin saw an improvement in the subsequent quarters, reaching 6.94% in February 2023. However, the operating profit margin has been relatively volatile, with fluctuations continuing in the most recent quarters. As of May 2024, the operating profit margin stood at 5.45%, showing a slight decrease from the prior quarter.
Overall, AAR Corp's operating profit margin has demonstrated variability, indicating possible changes in the company's operational efficiency and profitability over the analyzed period. It would be important for stakeholders to closely monitor the trend in operating profit margin to assess the company's financial performance and sustainability.
Peer comparison
May 31, 2024