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Side-by-side financial comparison of AAR CORP (AIR) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.

AAR CORP is the larger business by last-quarter revenue ($795.3M vs $661.7M, roughly 1.2× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 4.4%, a 29.8% gap on every dollar of revenue.

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.

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

AIR vs SSB — Head-to-Head

Bigger by revenue
AIR
AIR
1.2× larger
AIR
$795.3M
$661.7M
SSB
Higher net margin
SSB
SSB
29.8% more per $
SSB
34.1%
4.4%
AIR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AIR
AIR
SSB
SSB
Revenue
$795.3M
$661.7M
Net Profit
$34.6M
$225.8M
Gross Margin
19.7%
Operating Margin
6.0%
15.1%
Net Margin
4.4%
34.1%
Revenue YoY
15.9%
Net Profit YoY
213.1%
153.5%
EPS (diluted)
$0.90
$2.28

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.

Revenue
AIR
AIR
SSB
SSB
Q1 26
$661.7M
Q4 25
$795.3M
$581.1M
Q3 25
$739.6M
$599.7M
Q2 25
$577.9M
Q1 25
$544.5M
Q4 24
$369.8M
Q3 24
$351.5M
Q2 24
$350.3M
Net Profit
AIR
AIR
SSB
SSB
Q1 26
$225.8M
Q4 25
$34.6M
$247.7M
Q3 25
$34.4M
$246.6M
Q2 25
$215.2M
Q1 25
$89.1M
Q4 24
$144.2M
Q3 24
$143.2M
Q2 24
$132.4M
Gross Margin
AIR
AIR
SSB
SSB
Q1 26
Q4 25
19.7%
Q3 25
18.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
AIR
AIR
SSB
SSB
Q1 26
15.1%
Q4 25
6.0%
54.3%
Q3 25
6.4%
53.6%
Q2 25
48.8%
Q1 25
22.3%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.3%
Net Margin
AIR
AIR
SSB
SSB
Q1 26
34.1%
Q4 25
4.4%
42.6%
Q3 25
4.7%
41.1%
Q2 25
37.2%
Q1 25
16.4%
Q4 24
39.0%
Q3 24
40.7%
Q2 24
37.8%
EPS (diluted)
AIR
AIR
SSB
SSB
Q1 26
$2.28
Q4 25
$0.90
$2.47
Q3 25
$0.95
$2.42
Q2 25
$2.11
Q1 25
$0.87
Q4 24
$1.88
Q3 24
$1.86
Q2 24
$1.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIR
AIR
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$75.6M
$2.9B
Total DebtLower is stronger
$952.7M
Stockholders' EquityBook value
$1.6B
$9.0B
Total Assets
$3.2B
$68.0B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIR
AIR
SSB
SSB
Q1 26
$2.9B
Q4 25
$75.6M
Q3 25
$80.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
AIR
AIR
SSB
SSB
Q1 26
Q4 25
$952.7M
Q3 25
$1.0B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
AIR
AIR
SSB
SSB
Q1 26
$9.0B
Q4 25
$1.6B
$9.1B
Q3 25
$1.2B
$9.0B
Q2 25
$8.8B
Q1 25
$8.6B
Q4 24
$5.9B
Q3 24
$5.9B
Q2 24
$5.7B
Total Assets
AIR
AIR
SSB
SSB
Q1 26
$68.0B
Q4 25
$3.2B
$67.2B
Q3 25
$2.9B
$66.0B
Q2 25
$65.9B
Q1 25
$65.1B
Q4 24
$46.4B
Q3 24
$46.1B
Q2 24
$45.5B
Debt / Equity
AIR
AIR
SSB
SSB
Q1 26
Q4 25
0.61×
Q3 25
0.82×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIR
AIR
SSB
SSB
Operating Cash FlowLast quarter
$13.6M
Free Cash FlowOCF − Capex
$6.2M
FCF MarginFCF / Revenue
0.8%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIR
AIR
SSB
SSB
Q1 26
Q4 25
$13.6M
$232.1M
Q3 25
$-44.9M
$122.4M
Q2 25
$72.6M
Q1 25
$-126.3M
Q4 24
$354.3M
Q3 24
$-246.8M
Q2 24
$126.8M
Free Cash Flow
AIR
AIR
SSB
SSB
Q1 26
Q4 25
$6.2M
$215.5M
Q3 25
$-53.6M
$101.7M
Q2 25
$52.5M
Q1 25
$-139.1M
Q4 24
$340.9M
Q3 24
$-254.2M
Q2 24
$117.3M
FCF Margin
AIR
AIR
SSB
SSB
Q1 26
Q4 25
0.8%
37.1%
Q3 25
-7.2%
17.0%
Q2 25
9.1%
Q1 25
-25.5%
Q4 24
92.2%
Q3 24
-72.3%
Q2 24
33.5%
Capex Intensity
AIR
AIR
SSB
SSB
Q1 26
Q4 25
0.9%
2.9%
Q3 25
1.2%
3.5%
Q2 25
3.5%
Q1 25
2.4%
Q4 24
3.6%
Q3 24
2.1%
Q2 24
2.7%
Cash Conversion
AIR
AIR
SSB
SSB
Q1 26
Q4 25
0.39×
0.94×
Q3 25
-1.31×
0.50×
Q2 25
0.34×
Q1 25
-1.42×
Q4 24
2.46×
Q3 24
-1.72×
Q2 24
0.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIR
AIR

Commercial Customer$268.1M34%
Repair And Engineering$244.5M31%
Integrated Solutions$175.8M22%
Government And Defense Customer$85.5M11%
Expeditionary Services$21.4M3%

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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