AAR vs CAE
AAR and CAE are similar in size: $3.31bn and $3.56bn of revenue in their latest fiscal years. AAR grew faster (19.0% against 5.0%). CAE kept more of each dollar of sales as profit: a net margin of 6.4% against 5.7%. AAR carries less debt relative to equity (52.5% against 61.0%).
| Latest fiscal year | AARAIR, 2026 | CAECAE, 2026 |
|---|---|---|
| Revenue | $3.31bn | $3.56bn |
| Revenue growth | 19.0% | 5.0% |
| Net income | $188m | $227m |
| Operating margin | — | 12.5% |
| Net margin | 5.7% | 6.4% |
| Return on equity | 12.9% | 6.3% |
| Free cash flow | $62.1m | $365m |
| Cash | $84.0m | $396m |
| Total debt | $894m | $2.32bn |
| Debt to equity | 52.5% | 61.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $5.1m |
| Employees | 7,100 | — |
| Market value | $4.37bn | $8.62bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 32 (Weak) | — |
| Insider trades, 12 months | 0 buys, 25 sales | 0 buys, 0 sales |