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Side-by-side financial comparison of AAR CORP (AIR) and CARTERS INC (CRI). Click either name above to swap in a different company.
AAR CORP is the larger business by last-quarter revenue ($795.3M vs $757.8M, roughly 1.0× CARTERS INC). AAR CORP runs the higher net margin — 4.4% vs 1.5%, a 2.8% gap on every dollar of revenue. On growth, AAR CORP posted the faster year-over-year revenue change (15.9% vs -0.1%). AAR CORP produced more free cash flow last quarter ($6.2M vs $-144.1M).
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.
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
AIR vs CRI — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $757.8M |
| Net Profit | $34.6M | $11.6M |
| Gross Margin | 19.7% | 45.1% |
| Operating Margin | 6.0% | 3.8% |
| Net Margin | 4.4% | 1.5% |
| Revenue YoY | 15.9% | -0.1% |
| Net Profit YoY | 213.1% | -80.1% |
| EPS (diluted) | $0.90 | $0.32 |
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 | $757.8M | ||
| Q2 25 | — | $585.3M | ||
| Q1 25 | — | $629.8M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $34.4M | $11.6M | ||
| Q2 25 | — | $446.0K | ||
| Q1 25 | — | $15.5M |
| Q4 25 | 19.7% | — | ||
| Q3 25 | 18.1% | 45.1% | ||
| Q2 25 | — | 48.1% | ||
| Q1 25 | — | 46.2% |
| Q4 25 | 6.0% | — | ||
| Q3 25 | 6.4% | 3.8% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 4.1% |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 4.7% | 1.5% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 2.5% |
| Q4 25 | $0.90 | — | ||
| Q3 25 | $0.95 | $0.32 | ||
| Q2 25 | — | $0.01 | ||
| Q1 25 | — | $0.43 |
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 | $184.2M |
| Total DebtLower is stronger | $952.7M | — |
| Stockholders' EquityBook value | $1.6B | $864.6M |
| Total Assets | $3.2B | $2.5B |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | — | ||
| Q3 25 | $80.0M | $184.2M | ||
| Q2 25 | — | $338.2M | ||
| Q1 25 | — | $320.8M |
| Q4 25 | $952.7M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.2B | $864.6M | ||
| Q2 25 | — | $853.9M | ||
| Q1 25 | — | $847.2M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $2.9B | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.3B |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — |
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 | $-128.0M |
| Free Cash FlowOCF − Capex | $6.2M | $-144.1M |
| FCF MarginFCF / Revenue | 0.8% | -19.0% |
| Capex IntensityCapex / Revenue | 0.9% | 2.1% |
| Cash ConversionOCF / Net Profit | 0.39× | -11.04× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.6M | — | ||
| Q3 25 | $-44.9M | $-128.0M | ||
| Q2 25 | — | $40.3M | ||
| Q1 25 | — | $-48.6M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $-53.6M | $-144.1M | ||
| Q2 25 | — | $24.1M | ||
| Q1 25 | — | $-59.0M |
| Q4 25 | 0.8% | — | ||
| Q3 25 | -7.2% | -19.0% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | -9.4% |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.2% | 2.1% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 1.6% |
| Q4 25 | 0.39× | — | ||
| Q3 25 | -1.31× | -11.04× | ||
| Q2 25 | — | 90.37× | ||
| Q1 25 | — | -3.13× |
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% |
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
