---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-037286"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T10:04:40.341049+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AAR reports record Q3 sales of $567M, adjusted EPS $0.85 up 13% YoY

## Summary
- Sales $567.3M (+9% YoY); commercial sales up 18% to 70% of mix.
- GAAP diluted EPS $0.39 (down from $0.62); adjusted EPS $0.85 (up from $0.75).
- Closed acquisition of Triumph Product Support for $725M; financed with $550M 6.75% senior notes due 2029.
- Adjusted operating margin expanded to 8.3% from 7.6% YoY; gross margin 19.4%.
- Cash from ops $20.4M; net debt $207.8M, net leverage 0.95x.

## SEC filing metadata
- accession: 0001104659-24-037286
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465924037286/0001104659-24-037286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465924037286/tm249269d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-037286
- JSON: https://secwatch.observer/filing/0001104659-24-037286.json
- Plain text: https://secwatch.observer/filing/0001104659-24-037286.txt

## Key facts
- Earnings Releases
  AAR CORP reported third quarter ended February 29, 2024 results: revenue $567.3 million, net income $14.0 million, EPS $0.39 per diluted share.
  - Period: third quarter ended February 29, 2024
  - Revenue: $567.3 million
  - Net income: $14.0 million
  - EPS: $0.39 per diluted share
  - Result: reported results
  source text: AAR reports third quarter fiscal year 2024 results · Record third quarter sales of $567 million, up 9% over the prior year · Third quarter GAAP diluted earnings per share from continuing operations of $0.39, compared to $0.62 in Q3 FY2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750/000110465924037286/0001104659-24-037286-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.