AAR Corp Reports 24% Sales Growth and Acquires Majority Stake in MRO Holdings
Key Facts
AAR Corp reported Q1 sales of $918 million, marking a 24% increase compared to the previous year according to Financial Modeling Prep. The company is acquiring a 65% interest in MRO Holdings, a strategic move projected to add over $1 billion in revenue. Reports indicated that market reaction was driven by investor concerns regarding the company taking on new debt within a high-interest-rate environment.
A Jefferies analyst increased the price target for AAR Corp to $160 from $155 following the strong operational results. The stock, trading under the ticker AIR, closed at $115.09 on September 28, 2026, after reaching a session high of $118.6 and a low of $111.4. These financial developments coincide with an expansion in adjusted EBITDA margins to 12.7%.