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Side-by-side financial comparison of AAR CORP (AIR) and BlueLinx Holdings Inc. (BXC). Click either name above to swap in a different company.
AAR CORP is the larger business by last-quarter revenue ($795.3M vs $748.9M, roughly 1.1× BlueLinx Holdings Inc.). AAR CORP runs the higher net margin — 4.4% vs 0.2%, a 4.1% gap on every dollar of revenue. On growth, AAR CORP posted the faster year-over-year revenue change (15.9% vs 0.2%). BlueLinx Holdings Inc. produced more free cash flow last quarter ($52.7M vs $6.2M).
AAR Corp. is an American provider of aircraft maintenance services to commercial and government customers worldwide. The company is headquartered in Wood Dale, Illinois, a Chicago suburb. The company employs about 6,000 people, operating in about 30 different countries. John Holmes is the current CEO.
BlueLinx Holdings Inc. is a wholesale distributor of building and industrial products in the United States. Headquartered in Atlanta, Georgia, Shyam Reddy serves as its President and CEO.
AIR vs BXC — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $748.9M |
| Net Profit | $34.6M | $1.7M |
| Gross Margin | 19.7% | 14.4% |
| Operating Margin | 6.0% | 1.3% |
| Net Margin | 4.4% | 0.2% |
| Revenue YoY | 15.9% | 0.2% |
| Net Profit YoY | 213.1% | -89.7% |
| EPS (diluted) | $0.90 | $0.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $795.3M | — | ||
| Q3 25 | $739.6M | $748.9M | ||
| Q2 25 | — | $780.1M | ||
| Q1 25 | — | $709.2M | ||
| Q4 24 | — | $710.6M | ||
| Q3 24 | — | $747.3M | ||
| Q2 24 | — | $768.4M | ||
| Q1 24 | — | $726.2M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $34.4M | $1.7M | ||
| Q2 25 | — | $4.3M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $16.0M | ||
| Q2 24 | — | $14.3M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | 19.7% | — | ||
| Q3 25 | 18.1% | 14.4% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 15.9% | ||
| Q1 24 | — | 17.6% |
| Q4 25 | 6.0% | — | ||
| Q3 25 | 6.4% | 1.3% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 3.8% |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 4.7% | 0.2% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 2.4% |
| Q4 25 | $0.90 | — | ||
| Q3 25 | $0.95 | $0.20 | ||
| Q2 25 | — | $0.54 | ||
| Q1 25 | — | $0.33 | ||
| Q4 24 | — | $0.67 | ||
| Q3 24 | — | $1.87 | ||
| Q2 24 | — | $1.65 | ||
| Q1 24 | — | $2.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.6M | $429.4M |
| Total DebtLower is stronger | $952.7M | $598.5M |
| Stockholders' EquityBook value | $1.6B | $623.0M |
| Total Assets | $3.2B | $1.6B |
| Debt / EquityLower = less leverage | 0.61× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | — | ||
| Q3 25 | $80.0M | $429.4M | ||
| Q2 25 | — | $386.8M | ||
| Q1 25 | — | $449.0M | ||
| Q4 24 | — | $505.6M | ||
| Q3 24 | — | $526.3M | ||
| Q2 24 | — | $491.4M | ||
| Q1 24 | — | $481.3M |
| Q4 25 | $952.7M | — | ||
| Q3 25 | $1.0B | $598.5M | ||
| Q2 25 | — | $596.4M | ||
| Q1 25 | — | $596.6M | ||
| Q4 24 | — | $575.1M | ||
| Q3 24 | — | $576.0M | ||
| Q2 24 | — | $574.6M | ||
| Q1 24 | — | $574.0M |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.2B | $623.0M | ||
| Q2 25 | — | $621.3M | ||
| Q1 25 | — | $636.1M | ||
| Q4 24 | — | $646.4M | ||
| Q3 24 | — | $655.6M | ||
| Q2 24 | — | $652.3M | ||
| Q1 24 | — | $653.2M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.82× | 0.96× | ||
| Q2 25 | — | 0.96× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.88× | ||
| Q1 24 | — | 0.88× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.6M | $58.6M |
| Free Cash FlowOCF − Capex | $6.2M | $52.7M |
| FCF MarginFCF / Revenue | 0.8% | 7.0% |
| Capex IntensityCapex / Revenue | 0.9% | 0.8% |
| Cash ConversionOCF / Net Profit | 0.39× | 35.42× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.6M | — | ||
| Q3 25 | $-44.9M | $58.6M | ||
| Q2 25 | — | $-26.8M | ||
| Q1 25 | — | $-33.9M | ||
| Q4 24 | — | $18.7M | ||
| Q3 24 | — | $61.8M | ||
| Q2 24 | — | $35.8M | ||
| Q1 24 | — | $-31.1M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $-53.6M | $52.7M | ||
| Q2 25 | — | $-36.4M | ||
| Q1 25 | — | $-39.8M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $53.8M | ||
| Q2 24 | — | $29.3M | ||
| Q1 24 | — | $-36.6M |
| Q4 25 | 0.8% | — | ||
| Q3 25 | -7.2% | 7.0% | ||
| Q2 25 | — | -4.7% | ||
| Q1 25 | — | -5.6% | ||
| Q4 24 | — | -0.2% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | -5.0% |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.2% | 0.8% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 0.39× | — | ||
| Q3 25 | -1.31× | 35.42× | ||
| Q2 25 | — | -6.21× | ||
| Q1 25 | — | -12.09× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.86× | ||
| Q2 24 | — | 2.50× | ||
| Q1 24 | — | -1.78× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIR
| Commercial Customer | $268.1M | 34% |
| Repair And Engineering | $244.5M | 31% |
| Integrated Solutions | $175.8M | 22% |
| Government And Defense Customer | $85.5M | 11% |
| Expeditionary Services | $21.4M | 3% |
BXC
| Specialty Products | $525.5M | 70% |
| Structural Products | $223.4M | 30% |
