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AAR (AIR) 3-Year ROIIC % : 62.88% (As of May. 2023)


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What is AAR 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. AAR's 3-Year ROIIC % for the quarter that ended in May. 2023 was 62.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AAR's 3-Year ROIIC % or its related term are showing as below:

AIR's 3-Year ROIIC % is ranked better than
88.51% of 296 companies
in the Aerospace & Defense industry
Industry Median: 2.205 vs AIR: 62.88

AAR 3-Year ROIIC % Historical Data

The historical data trend for AAR's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AAR 3-Year ROIIC % Chart

AAR Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.98 -15.42 -1,717.82 -51.18 62.88

AAR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 62.88 - - -

Competitive Comparison of AAR's 3-Year ROIIC %

For the Aerospace & Defense subindustry, AAR's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AAR's 3-Year ROIIC % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAR's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AAR's 3-Year ROIIC % falls into.



AAR 3-Year ROIIC % Calculation

AAR's 3-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 101.57739 (May. 2023) - 35.24256 (May. 2020) )/( 1426.6 (May. 2023) - 1321.1 (May. 2020) )
=66.33483/105.5
=62.88%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


AAR  (NYSE:AIR) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


AAR 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of AAR's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


AAR (AIR) Business Description

Traded in Other Exchanges
Address
1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
Executives
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Holmes John Mcclain Iii officer: Group Vice President 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Billy Nolen director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Sean M. Gillen officer: VP-CFO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Eric Pachapa officer: VP, Controller and CAO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jessica A. Garascia officer: Vice President and Secretary 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Tracey Patterson officer: Sr. VP & Chief HR Officer 1100 N WOOD DALE RD, WOOD DALE IL 60191
Christopher A. Jessup officer: Vice President-CCO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
John W Dietrich director
Anthony Anderson director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gilbertson H John Jr director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
David P Storch director, officer: President, CEO & Director C/O AAR CORP, 1111 NICHOLAS BLVD, 1111 NICHOLAS BLVD IL 60007
Michael Ross Boyce director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191