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Side-by-side financial comparison of AAR CORP (AIR) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $795.3M, roughly 1.1× AAR CORP). AAR CORP runs the higher net margin — 4.4% vs 4.1%, a 0.2% gap on every dollar of revenue. On growth, AAR CORP posted the faster year-over-year revenue change (15.9% vs 8.9%). RH produced more free cash flow last quarter ($83.0M 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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
AIR vs RH — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $883.8M |
| Net Profit | $34.6M | $36.3M |
| Gross Margin | 19.7% | 44.1% |
| Operating Margin | 6.0% | 12.0% |
| Net Margin | 4.4% | 4.1% |
| Revenue YoY | 15.9% | 8.9% |
| Net Profit YoY | 213.1% | 9.3% |
| EPS (diluted) | $0.90 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $739.6M | $899.2M | ||
| Q2 25 | — | $814.0M | ||
| Q1 25 | — | $812.4M | ||
| Q4 24 | — | $811.7M | ||
| Q3 24 | — | $829.7M | ||
| Q2 24 | — | $727.0M | ||
| Q1 24 | — | $738.3M |
| Q4 25 | $34.6M | $36.3M | ||
| Q3 25 | $34.4M | $51.7M | ||
| Q2 25 | — | $8.0M | ||
| Q1 25 | — | $13.9M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $29.0M | ||
| Q2 24 | — | $-3.6M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | 19.7% | 44.1% | ||
| Q3 25 | 18.1% | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 43.5% |
| Q4 25 | 6.0% | 12.0% | ||
| Q3 25 | 6.4% | 14.3% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 7.5% | ||
| Q1 24 | — | 8.7% |
| Q4 25 | 4.4% | 4.1% | ||
| Q3 25 | 4.7% | 5.8% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | -0.5% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | $0.90 | $1.83 | ||
| Q3 25 | $0.95 | $2.62 | ||
| Q2 25 | — | $0.40 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $1.66 | ||
| Q3 24 | — | $1.45 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | $952.7M | — |
| Stockholders' EquityBook value | $1.6B | $3.3M |
| Total Assets | $3.2B | $4.8B |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $43.1M | ||
| Q3 25 | $80.0M | $34.6M | ||
| Q2 25 | — | $46.1M | ||
| Q1 25 | — | $30.4M | ||
| Q4 24 | — | $87.0M | ||
| Q3 24 | — | $78.3M | ||
| Q2 24 | — | $101.8M | ||
| Q1 24 | — | $123.7M |
| Q4 25 | $952.7M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | $3.3M | ||
| Q3 25 | $1.2B | $-40.9M | ||
| Q2 25 | — | $-110.8M | ||
| Q1 25 | — | $-163.6M | ||
| Q4 24 | — | $-183.0M | ||
| Q3 24 | — | $-234.7M | ||
| Q2 24 | — | $-289.9M | ||
| Q1 24 | — | $-297.4M |
| Q4 25 | $3.2B | $4.8B | ||
| Q3 25 | $2.9B | $4.7B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $4.1B |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $131.9M |
| Free Cash FlowOCF − Capex | $6.2M | $83.0M |
| FCF MarginFCF / Revenue | 0.8% | 9.4% |
| Capex IntensityCapex / Revenue | 0.9% | 5.5% |
| Cash ConversionOCF / Net Profit | 0.39× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.6M | $131.9M | ||
| Q3 25 | $-44.9M | $137.7M | ||
| Q2 25 | — | $86.6M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | — | $-31.4M | ||
| Q3 24 | — | $11.2M | ||
| Q2 24 | — | $56.1M | ||
| Q1 24 | — | $-114.0M |
| Q4 25 | $6.2M | $83.0M | ||
| Q3 25 | $-53.6M | $80.7M | ||
| Q2 25 | — | $34.1M | ||
| Q1 25 | — | $-69.7M | ||
| Q4 24 | — | $-96.0M | ||
| Q3 24 | — | $-37.9M | ||
| Q2 24 | — | $-10.1M | ||
| Q1 24 | — | $-251.5M |
| Q4 25 | 0.8% | 9.4% | ||
| Q3 25 | -7.2% | 9.0% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | -8.6% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | -34.1% |
| Q4 25 | 0.9% | 5.5% | ||
| Q3 25 | 1.2% | 6.3% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | 0.39× | 3.64× | ||
| Q3 25 | -1.31× | 2.66× | ||
| Q2 25 | — | 10.78× | ||
| Q1 25 | — | -1.35× | ||
| Q4 24 | — | -0.95× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
