{
 "company": "AAR Corp.",
 "ticker": "AIR",
 "sector": "Aerospace parts & components manufacturers",
 "asOf": {
  "date": "2026-08",
  "label": "August 2026"
 },
 "fiscalYearEnd": null,
 "revenueUsdM": 1748.3,
 "normalizedSga": {
  "pctRevenue": 19.98,
  "peerCount": 11,
  "peerMedianPctRevenue": 13.0,
  "peerLeanQuartilePctRevenue": 9.2,
  "peers": [
   {
    "ticker": "TDG",
    "name": "TransDigm Group Incorporated",
    "normalizedSgaPctRevenue": 9.36
   },
   {
    "ticker": "HWM",
    "name": "Howmet Aerospace Inc.",
    "normalizedSgaPctRevenue": 4.48
   },
   {
    "ticker": "CW",
    "name": "Curtiss-Wright Corporation",
    "normalizedSgaPctRevenue": 16.24
   },
   {
    "ticker": "WWD",
    "name": "Woodward, Inc.",
    "normalizedSgaPctRevenue": 9.25
   },
   {
    "ticker": "MOG-A",
    "name": "Moog Inc.",
    "normalizedSgaPctRevenue": 14.35
   },
   {
    "ticker": "HXL",
    "name": "Hexcel Corporation",
    "normalizedSgaPctRevenue": 8.92
   },
   {
    "ticker": "ATRO",
    "name": "Astronics Corporation",
    "normalizedSgaPctRevenue": 16.04
   },
   {
    "ticker": "DCO",
    "name": "Ducommun Incorporated",
    "normalizedSgaPctRevenue": 17.92
   },
   {
    "ticker": "BWXT",
    "name": "BWX Technologies, Inc.",
    "normalizedSgaPctRevenue": 12.33
   },
   {
    "ticker": "DRS",
    "name": "Leonardo DRS, Inc.",
    "normalizedSgaPctRevenue": 13.62
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 1.02,
   "companiesDisclosing": 11,
   "peersDisclosing": [
    {
     "ticker": "TDG",
     "pctRevenue": 1.72
    },
    {
     "ticker": "HWM",
     "pctRevenue": 0.88
    },
    {
     "ticker": "CW",
     "pctRevenue": 0.61
    },
    {
     "ticker": "WWD",
     "pctRevenue": 0.89
    },
    {
     "ticker": "MOG-A",
     "pctRevenue": 0.43
    },
    {
     "ticker": "HXL",
     "pctRevenue": 0.76
    },
    {
     "ticker": "ATRO",
     "pctRevenue": 0.79
    },
    {
     "ticker": "DCO",
     "pctRevenue": 3.46
    },
    {
     "ticker": "BWXT",
     "pctRevenue": 0.82
    },
    {
     "ticker": "DRS",
     "pctRevenue": 0.88
    }
   ],
   "note": "Above the peer median; equity compensation adds to the overhead load."
  },
  {
   "key": "restructuring",
   "label": "Restructuring",
   "pctRevenue": 0.0,
   "companiesDisclosing": 11,
   "peersDisclosing": [
    {
     "ticker": "TDG",
     "pctRevenue": 0.0
    },
    {
     "ticker": "HWM",
     "pctRevenue": 1.02
    },
    {
     "ticker": "CW",
     "pctRevenue": 0.13
    },
    {
     "ticker": "WWD",
     "pctRevenue": 0.0
    },
    {
     "ticker": "MOG-A",
     "pctRevenue": 0.36
    },
    {
     "ticker": "HXL",
     "pctRevenue": 1.5
    },
    {
     "ticker": "ATRO",
     "pctRevenue": 0.0
    },
    {
     "ticker": "DCO",
     "pctRevenue": 0.27
    },
    {
     "ticker": "BWXT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "DRS",
     "pctRevenue": 0.05
    }
   ],
   "note": "No filed restructuring charges for the latest fiscal year; runs below the typical peer, counted wherever they sit on the P&L; one-time charges are stripped from the Exhibit 2 number either way."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 111,
   "bps": 636
  },
  "toLeanQuartile": {
   "usdM": 187,
   "bps": 1068
  }
 },
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": -13,
   "peerTsrPct": 58,
   "driverPp": {
    "Revenue growth": 16.9,
    "Gross margin": -75.5,
    "SG&A": 25.5,
    "Multiple": -45,
    "Other": 6.7
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 27,
   "peerTsrPct": 210,
   "driverPp": {
    "Revenue growth": 5.6,
    "Gross margin": 11.6,
    "SG&A": -60.4,
    "Multiple": -84.7,
    "Other": -54.2
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": 206,
   "peerTsrPct": 280,
   "driverPp": {
    "Revenue growth": -16.7,
    "Gross margin": 125.8,
    "SG&A": -160.3,
    "Multiple": 65.1,
    "Other": -87.9
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 159,
   "peerTsrPct": 412,
   "driverPp": {
    "Revenue growth": 1.4,
    "Gross margin": 140.9,
    "SG&A": -145.1,
    "Multiple": -102.1,
    "Other": -147.4
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/AIR",
  "json": "https://sgabenchmarking.com/r/AIR.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}