AAR Corp. (AIR) vs Planet Labs PBC (PL)

AAR Corp. and Planet Labs PBC are both Aerospace & Defense companies. Planet Labs PBC is the larger, with a market value of $4.9B against $4.4B — 1.1× the size. Planet Labs PBC has negative trailing earnings, so its P/E is not meaningful; AAR Corp. trades at 22.2×. Planet Labs PBC grew revenue faster over the last twelve months: 44.1% against 22.0%. AAR Corp. has the higher net margin (5.55% vs −95.1%) and the higher return on invested capital (7.10% vs −44.2%). Across the 20 metrics below, AAR Corp. leads on 16 and Planet Labs PBC on 4.

Valuation

Metric AIR PL Aerospace & Defense median
P/E 22.15 n/m 31.60
P/S 1.24 12.88 3.36
P/B 2.48 8.63 2.99
Price to free cash flow 23.36 245.19 33.23
EV/EBITDA 13.91 n/m 19.00
EV/Sales 1.46 11.79 3.37
Earnings yield 4.51% (8.12%) 0.90%
Free cash flow yield 4.28% 0.41% 0.00%

Profitability

Metric AIR PL Aerospace & Defense median
Gross margin 19.06% 55.42% 25.95%
Operating margin 8.17% (27.16%) 1.21%
Net margin 5.55% (95.13%) 2.11%
Free cash flow margin 5.30% 5.25% 0.00%
Return on equity 12.93% (71.97%) 2.67%
Return on assets 6.09% (33.83%) 1.90%
Return on invested capital 7.10% (44.19%) 0.25%

Growth

Metric AIR PL Aerospace & Defense median
Revenue growth (TTM) 21.97% 44.12% 18.25%
EPS growth (last fiscal year) 1,288.57% (90.48%) 24.80%
Revenue growth, 5-year CAGR 14.89% 22.15% 9.73%
Net income growth, 5-year CAGR 39.60% 0.00% 0.00%

Health

Metric AIR PL Aerospace & Defense median
Debt to equity 0.50 0.79 0.18
Current ratio 2.83 2.84 2.85
Net debt to EBITDA 2.23 3.64 1.29

Dividend

Metric AIR PL Aerospace & Defense median
Dividend yield — — 0.87%
Payout ratio — — 0.30

Size

Metric AIR PL Aerospace & Defense median
Market cap 4.37b 4.92b 1.94b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack