---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-102051"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:28:18.062667+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAR Q1 FY2025 sales up 20% to $662M; adj. EPS $0.85 vs $0.78

## Summary
- GAAP diluted EPS $0.50 vs loss of $0.02 in prior-year quarter; adjusted EPS $0.85 vs $0.78.
- Sales growth of 20% in both commercial and government segments; commercial sales 71% of total.
- Adjusted operating margin improved to 9.1% from 7.3% primarily due to Product Support acquisition.
- Received two $1.2B NAVAIR IDIQ contracts for P-8A depot maintenance and four support agreements with Ontic.
- Net debt $942.7M; net leverage 3.31x last-twelve-months adjusted EBITDA; $52.5M remaining on share repurchase program.

## SEC filing metadata
- accession: 0001104659-24-102051
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465924102051/0001104659-24-102051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465924102051/tm2424484d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-102051
- JSON: https://secwatch.observer/filing/0001104659-24-102051.json
- Plain text: https://secwatch.observer/filing/0001104659-24-102051.txt

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