AIR

In September 2026, AAR announced an agreement to acquire a 65% controlling interest in MRO Holdings for an implied enterprise value of $4.0 billion, involving approximately $2.1 billion in new debt, which led to a 7.25% stock price decline on September 29, 2026, despite strong first-quarter earnings. S&P Global Ratings subsequently downgraded AAR Corp.'s issuer credit rating to 'BB-' from 'BB' due to the expected increase in leverage from this acquisition. For Q1 Fiscal Year 2027 (ended August 31, 2026), AAR reported strong financial results with sales increasing by 24% and adjusted diluted EPS rising by 38% year-over-year, beating analyst estimates. In July 2026, Q4 Fiscal Year 2026 results were also robust, with sales up 23% and adjusted diluted EPS increasing by 32% year-over-year. More recently, on October 7, 2026, AAR Corp. shares fell 4.2%, contributing to a 21.3% drop in the month leading up to that date, indicating recent volatility and a downward trend. Over the past year, the stock has traded between a 52-week low of $76.10 and a 52-week high of $154.00.