AAR Corp (AIR)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 46,300 | 60,400 | 68,200 | 66,900 | 90,200 | 90,900 | 91,600 | 89,900 | 78,700 | 68,800 | 74,400 | 61,800 | 35,800 | 5,300 | -20,500 | -14,500 | 4,400 | 43,700 | 4,000 | -3,200 |
| Total stockholders’ equity | US$ in thousands | 1,189,800 | 1,168,000 | 1,155,500 | 1,121,900 | 1,099,100 | -126,700 | 1,035,300 | 1,036,500 | 1,034,500 | 1,017,700 | 1,007,000 | 988,200 | 974,400 | 932,400 | 900,700 | 890,600 | 902,600 | 929,400 | 921,700 | 909,500 |
| ROE | 3.89% | 5.17% | 5.90% | 5.96% | 8.21% | — | 8.85% | 8.67% | 7.61% | 6.76% | 7.39% | 6.25% | 3.67% | 0.57% | -2.28% | -1.63% | 0.49% | 4.70% | 0.43% | -0.35% |
May 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $46,300K ÷ $1,189,800K
= 3.89%
The return on equity (ROE) for AAR Corp has fluctuated over the past several quarters. In the recent period ending May 31, 2024, the ROE was 3.89%, showing a decrease compared to the previous quarter's ROE of 5.17%. Looking further back, the ROE has shown a general downward trend from a high of 8.85% in November 2022.
The ROE measures the company's profitability by indicating how efficiently it generates profits from shareholders' equity. A lower ROE may suggest that the company is less efficient in utilizing its equity to generate profits. A downward trend in ROE over time could be a cause for concern as it may indicate issues with the company's operational efficiency, financial leverage, or profitability.
It is important for investors and stakeholders to monitor AAR Corp's ROE closely to assess the company's financial health and performance. Further analysis of the company's financial statements and operations would be beneficial to understand the factors contributing to the fluctuating ROE and to assess the company's overall financial stability and growth prospects.
Peer comparison
May 31, 2024