AAR Historical Income Statement
AIR Stock | USD 67.79 1.57 2.37% |
Historical analysis of AAR Corp income statement accounts such as Interest Expense of 12.5 M, Selling General Administrative of 278.2 M or Total Revenue of 1.2 B can show how well AAR Corp performed in making a profits. Evaluating AAR Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AAR Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AAR Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AAR Corp is a good buy for the upcoming year.
AAR |
About AAR Income Statement Analysis
AAR Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AAR Corp shareholders. The income statement also shows AAR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AAR Corp Income Statement Chart
AAR Corp Income Statement is one of the three primary financial statements used for reporting AAR's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AAR Corp revenue and expense. AAR Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AAR Corp's Net Income is relatively stable compared to the past year. As of 04/24/2024, Income Tax Expense is likely to grow to about 37.9 M, while Total Revenue is likely to drop slightly above 1.2 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts AAR Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of AAR Corp minus its cost of goods sold. It is profit before AAR Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AAR Corp. It is also known as AAR Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from AAR Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AAR Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Net Income is relatively stable compared to the past year. As of 04/24/2024, Income Tax Expense is likely to grow to about 37.9 M, while Total Revenue is likely to drop slightly above 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 313.2M | 370.1M | 425.6M | 446.9M | Total Revenue | 1.8B | 2.0B | 2.3B | 1.2B |
AAR Corp income statement Correlations
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AAR Corp Account Relationship Matchups
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AAR Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 45.6M | 56.3M | 37.7M | 27.1M | 31.2M | 38.8M | |
Interest Expense | 9.3M | 5M | 2.4M | 11.2M | 12.9M | 12.5M | |
Selling General Administrative | 220.6M | 182.4M | 202.2M | 230.4M | 265.0M | 278.2M | |
Total Revenue | 2.1B | 1.7B | 1.8B | 2.0B | 2.3B | 1.2B | |
Gross Profit | 269.2M | 275.9M | 313.2M | 370.1M | 425.6M | 446.9M | |
Other Operating Expenses | 2.0B | 1.6B | 1.7B | 1.9B | 2.1B | 1.1B | |
Operating Income | 41.3M | 85.2M | 106.9M | 133.9M | 154.0M | 161.7M | |
Ebit | 41.3M | 85.2M | 106.9M | 133.9M | 154.0M | 161.7M | |
Ebitda | 86.9M | 141.5M | 144.6M | 161M | 185.2M | 194.4M | |
Cost Of Revenue | 1.8B | 1.4B | 1.5B | 1.6B | 1.9B | 1.0B | |
Total Operating Expenses | 226M | 190.9M | 203.4M | 233M | 268.0M | 134.5M | |
Income Before Tax | 30.4M | 64.5M | 105.1M | 121.2M | 139.4M | 146.3M | |
Total Other Income Expense Net | (10.9M) | (20.7M) | (1.8M) | (12.7M) | (11.4M) | (10.9M) | |
Net Income | 24.8M | 35.8M | 78.7M | 90.2M | 103.7M | 108.9M | |
Income Tax Expense | 5.6M | 18.2M | 26.6M | 31.4M | 36.1M | 37.9M | |
Net Income Applicable To Common Shares | 4.4M | 35.4M | 78.7M | 90.2M | 103.7M | 108.9M | |
Discontinued Operations | (20.4M) | (10.5M) | 200K | 400K | 360K | 378K | |
Net Income From Continuing Ops | (2.0B) | 46.3M | (1.7B) | (1.9B) | (1.7B) | (1.6B) | |
Non Recurring | 5.4M | 8.5M | 1.2M | 2.6M | 2.3M | 2.2M | |
Non Operating Income Net Other | (3.5M) | (15.5M) | (2.3M) | (3.7M) | (3.3M) | (3.5M) | |
Tax Provision | 5.6M | 18.2M | 26.6M | 31.4M | 36.1M | 37.9M | |
Extraordinary Items | (20.4M) | (10.5M) | 200K | 400K | 360K | 378K | |
Net Interest Income | (8.8M) | (4.8M) | (2.3M) | (11.2M) | (10.1M) | (10.6M) | |
Reconciled Depreciation | 43.7M | 36.3M | 33.1M | 27.9M | 25.1M | 33.7M |
AAR Corp Investors Sentiment
The influence of AAR Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AAR Corp's public news can be used to forecast risks associated with an investment in AAR. The trend in average sentiment can be used to explain how an investor holding AAR can time the market purely based on public headlines and social activities around AAR Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AAR Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AAR Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AAR Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AAR Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AAR Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AAR Corp's short interest history, or implied volatility extrapolated from AAR Corp options trading.
Pair Trading with AAR Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAR Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAR Corp will appreciate offsetting losses from the drop in the long position's value.Moving against AAR Stock
0.55 | CAE | CAE Inc Financial Report 29th of May 2024 | PairCorr |
0.41 | EH | Ehang Holdings | PairCorr |
The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAR Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAR Corp to buy it.
The correlation of AAR Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AAR Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for AAR Stock analysis
When running AAR Corp's price analysis, check to measure AAR Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.
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Is AAR Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AAR Corp. If investors know AAR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AAR Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share 1.69 | Revenue Per Share 63.442 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0538 |
The market value of AAR Corp is measured differently than its book value, which is the value of AAR that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAR Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.