vs
Side-by-side financial comparison of AAR CORP (AIR) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
AAR CORP is the larger business by last-quarter revenue ($795.3M vs $745.1M, roughly 1.1× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs 4.4%, a 12.2% gap on every dollar of revenue. On growth, AAR CORP posted the faster year-over-year revenue change (15.9% vs 12.3%). AAR CORP produced more free cash flow last quarter ($6.2M vs $-64.6M).
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.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
AIR vs LTH — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $745.1M |
| Net Profit | $34.6M | $123.0M |
| Gross Margin | 19.7% | 49.1% |
| Operating Margin | 6.0% | 17.4% |
| Net Margin | 4.4% | 16.5% |
| Revenue YoY | 15.9% | 12.3% |
| Net Profit YoY | 213.1% | 231.0% |
| EPS (diluted) | $0.90 | $0.55 |
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 | $745.1M | ||
| Q3 25 | $739.6M | $782.6M | ||
| Q2 25 | — | $761.5M | ||
| Q1 25 | — | $706.0M | ||
| Q4 24 | — | $663.3M | ||
| Q3 24 | — | $693.2M | ||
| Q2 24 | — | $667.8M | ||
| Q1 24 | — | $596.7M |
| Q4 25 | $34.6M | $123.0M | ||
| Q3 25 | $34.4M | $102.4M | ||
| Q2 25 | — | $72.1M | ||
| Q1 25 | — | $76.1M | ||
| Q4 24 | — | $37.2M | ||
| Q3 24 | — | $41.4M | ||
| Q2 24 | — | $52.8M | ||
| Q1 24 | — | $24.9M |
| Q4 25 | 19.7% | 49.1% | ||
| Q3 25 | 18.1% | 47.1% | ||
| Q2 25 | — | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 46.8% | ||
| Q1 24 | — | 46.1% |
| Q4 25 | 6.0% | 17.4% | ||
| Q3 25 | 6.4% | 17.3% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 13.5% | ||
| Q2 24 | — | 15.7% | ||
| Q1 24 | — | 12.1% |
| Q4 25 | 4.4% | 16.5% | ||
| Q3 25 | 4.7% | 13.1% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 6.0% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 4.2% |
| Q4 25 | $0.90 | $0.55 | ||
| Q3 25 | $0.95 | $0.45 | ||
| Q2 25 | — | $0.32 | ||
| Q1 25 | — | $0.34 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | — | $0.19 | ||
| Q2 24 | — | $0.26 | ||
| Q1 24 | — | $0.12 |
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 | $204.8M |
| Total DebtLower is stronger | $952.7M | $1.5B |
| Stockholders' EquityBook value | $1.6B | $3.1B |
| Total Assets | $3.2B | $8.0B |
| Debt / EquityLower = less leverage | 0.61× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $204.8M | ||
| Q3 25 | $80.0M | $218.9M | ||
| Q2 25 | — | $175.5M | ||
| Q1 25 | — | $59.0M | ||
| Q4 24 | — | $10.9M | ||
| Q3 24 | — | $120.9M | ||
| Q2 24 | — | $34.5M | ||
| Q1 24 | — | $18.6M |
| Q4 25 | $952.7M | $1.5B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | $1.6B | $3.1B | ||
| Q3 25 | $1.2B | $3.0B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.3B |
| Q4 25 | $3.2B | $8.0B | ||
| Q3 25 | $2.9B | $7.8B | ||
| Q2 25 | — | $7.6B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $7.2B | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | — | $7.1B |
| Q4 25 | 0.61× | 0.48× | ||
| Q3 25 | 0.82× | 0.51× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.87× |
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 | $239.9M |
| Free Cash FlowOCF − Capex | $6.2M | $-64.6M |
| FCF MarginFCF / Revenue | 0.8% | -8.7% |
| Capex IntensityCapex / Revenue | 0.9% | 40.9% |
| Cash ConversionOCF / Net Profit | 0.39× | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.6M | $239.9M | ||
| Q3 25 | $-44.9M | $251.1M | ||
| Q2 25 | — | $195.7M | ||
| Q1 25 | — | $183.9M | ||
| Q4 24 | — | $163.1M | ||
| Q3 24 | — | $151.1M | ||
| Q2 24 | — | $170.4M | ||
| Q1 24 | — | $90.4M |
| Q4 25 | $6.2M | $-64.6M | ||
| Q3 25 | $-53.6M | $28.6M | ||
| Q2 25 | — | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | — | $26.8M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | — | $26.1M | ||
| Q1 24 | — | $-66.4M |
| Q4 25 | 0.8% | -8.7% | ||
| Q3 25 | -7.2% | 3.7% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | -11.1% |
| Q4 25 | 0.9% | 40.9% | ||
| Q3 25 | 1.2% | 28.4% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 26.3% |
| Q4 25 | 0.39× | 1.95× | ||
| Q3 25 | -1.31× | 2.45× | ||
| Q2 25 | — | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | — | 4.39× | ||
| Q3 24 | — | 3.65× | ||
| Q2 24 | — | 3.23× | ||
| Q1 24 | — | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
