AAR Corp (AIR)

Debt-to-equity ratio

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,211,600 1,182,600 1,181,600 1,210,200 1,189,800 1,168,000 1,155,500 1,121,900 1,099,100 1,067,700 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
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

May 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,211,600K
= 0.00

The data indicates that AAR Corp’s debt-to-equity ratio has consistently remained at zero across multiple reporting periods from August 2020 through May 2025. This persistent zero ratio suggests that the company has maintained a capital structure entirely composed of equity, with no recorded debt during this timeframe. Such a financial position implies an absence of leverage, indicating that the company has relied solely on equity financing and has not engaged in borrowing activities reported in its financial statements during these periods. This conservative approach to financing could reflect a strategic choice to avoid leverage risk or a conservative financial policy aimed at maintaining a debt-free capital structure.


Peer comparison

May 31, 2025

Company name
Symbol
Debt-to-equity ratio
AAR Corp
AIR
0.00
Textron Inc
TXT
0.00
Triumph Group Inc
TGI