(AER) AerCap Holdings - Overview
Sector: Industrials | Industry: Rental & Leasing Services | Exchange: NYSE (USA) | Market Cap: 21.858m USD | Total Return: 22.6% in 12m
Avg Turnover: 191M
EPS Trend: 69.3%
Qual. Beats: 3
Rev. Trend: 91.8%
Qual. Beats: 1
Warnings
Choppy Below Avwap Earnings
Tailwinds
Confidence
AerCap Holdings N.V. (AER) is a global leader in aviation leasing, specializing in the financing, management, and remarketing of commercial aircraft, engines, and helicopters. Headquartered in Dublin, Ireland, the company operates an integrated platform that manages approximately 3,500 assets, providing airlines with liquidity and fleet flexibility through operating leases and supply chain solutions.
The aircraft leasing business model is highly capital-intensive, relying on the spread between the cost of debt and the lease yields generated from airlines. As a dominant player in the Trading Companies & Distributors sub-industry, AerCap provides comprehensive technical services, including maintenance monitoring, engine part distribution, and asset repossession, which are critical for mitigating credit risk during airline defaults.
Investors can evaluate the underlying asset quality and debt structure of this portfolio by reviewing the latest metrics on ValueRay. AerCaps scale allows it to negotiate large-batch orders directly with manufacturers like Boeing and Airbus, often securing pricing advantages that smaller competitors cannot replicate.
- Global demand for air travel drives aircraft lease rates and utilization
- Interest rate fluctuations impact financing costs and net interest margin performance
- Secondary market aircraft sales generate significant capital gains and liquidity
- Geopolitical instability and regulatory shifts threaten asset recovery and global operations
- New aircraft delivery delays from OEMs increase demand for existing lease fleet
| Net Income: 3.93b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 3.45 > 1.0 |
| NWC/Revenue: -24.94% < 20% (prev 44.97%; Δ -69.92% < -1%) |
| CFO/TA 0.08 > 3% & CFO 5.56b > Net Income 3.93b |
| Net Debt (41.5b) to EBITDA (6.71b): 6.19 < 3 |
| Current Ratio: 0.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (164.9m) vs 12m ago -13.54% < -2% |
| Gross Margin: 52.87% > 18% (prev 0.58%; Δ 5.23k% > 0.5%) |
| Asset Turnover: 11.26% > 50% (prev 11.10%; Δ 0.16% > 0%) |
| Interest Coverage Ratio: 2.42 > 6 (EBITDA TTM 6.71b / Interest Expense TTM 1.95b) |
| A: -0.03 (Total Current Assets 3.42b - Total Current Liabilities 5.45b) / Total Assets 71.4b |
| B: 0.24 (Retained Earnings 17.1b / Total Assets 71.4b) |
| C: 0.07 (EBIT TTM 4.72b / Avg Total Assets 72.0b) |
| D: 0.32 (Book Value of Equity 17.1b / Total Liabilities 53.0b) |
| Altman-Z'' = 1.37 = BB |
| DSRI: 0.53 (Receivables 1.84b/3.43b, Revenue 8.11b/8.06b) |
| GMI: 1.11 (GM 52.87% / 58.43%) |
| AQI: 1.61 (AQ_t 0.08 / AQ_t-1 0.05) |
| SGI: 1.01 (Revenue 8.11b / 8.06b) |
| TATA: -0.02 (NI 3.93b - CFO 5.56b) / TA 71.4b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 139.39 with a total of 2,878,056 shares traded.
Over the past week, the price has changed by -0.13%,
over one month by +1.21%,
over three months by -6.47% and
over the past year by +22.64%.
AerCap Holdings has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy AER.
- StrongBuy: 6
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 163.8 | 17.5% |
P/E Trailing = 6.0852
P/E Forward = 10.1215
P/S = 2.5178
P/B = 1.1963
P/EG = 0.8038
Revenue TTM = 8.11b USD
EBIT TTM = 4.72b USD
EBITDA TTM = 6.71b USD
Long Term Debt = 43.0b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 43.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 45.9m
Net Debt = 41.5b USD (calculated: Debt 43.1b - CCE 1.58b)
Enterprise Value = 63.4b USD (21.9b + Debt 43.1b - CCE 1.58b)
Interest Coverage Ratio = 2.42 (Ebit TTM 4.72b / Interest Expense TTM 1.95b)
EV/FCF = 156.4x (Enterprise Value 63.4b / FCF TTM 405.1m)
FCF Yield = 0.64% (FCF TTM 405.1m / Enterprise Value 63.4b)
FCF Margin = 5.00% (FCF TTM 405.1m / Revenue TTM 8.11b)
Net Margin = 48.41% (Net Income TTM 3.93b / Revenue TTM 8.11b)
Gross Margin = 52.87% ((Revenue TTM 8.11b - Cost of Revenue TTM 3.82b) / Revenue TTM)
Gross Margin QoQ = 65.36% (prev 52.32%)
Tobins Q-Ratio = 0.89 (Enterprise Value 63.4b / Total Assets 71.4b)
Interest Expense / Debt = 4.52% (Interest Expense 1.95b / Debt 43.1b)
Taxrate = 14.49% (138.6m / 956.7m)
NOPAT = 4.04b (EBIT 4.72b * (1 - 14.49%))
Current Ratio = 0.63 (Total Current Assets 3.42b / Total Current Liabilities 5.45b)
Debt / Equity = 2.34 (Debt 43.1b / totalStockholderEquity, last quarter 18.4b)
Debt / EBITDA = 6.19 (Net Debt 41.5b / EBITDA 6.71b)
Debt / FCF = 102.5 (Net Debt 41.5b / FCF TTM 405.1m)
Total Stockholder Equity = 18.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.45% (Net Income 3.93b / Total Assets 71.4b)
RoE = 21.57% (Net Income TTM 3.93b / Total Stockholder Equity 18.2b)
RoCE = 7.71% (EBIT 4.72b / Capital Employed (Equity 18.2b + L.T.Debt 43.0b))
RoIC = 6.22% (NOPAT 4.04b / Invested Capital 64.9b)
WACC = 5.68% (E(21.9b)/V(64.9b) * Re(9.25%) + D(43.1b)/V(64.9b) * Rd(4.52%) * (1-Tc(0.14)))
Discount Rate = 9.25% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.88 | Cagr: -9.41%
[DCF] Terminal Value 75.44% ; FCFF base≈405.1m ; Y1≈406.8m ; Y5≈430.9m
[DCF] Fair Price = N/A (negative equity: EV 6.70b - Net Debt 41.5b = -34.8b; debt exceeds intrinsic value)
EPS Correlation: 69.28 | EPS CAGR: 11.99% | SUE: 2.85 | # QB: 3
Revenue Correlation: 91.84 | Revenue CAGR: 3.44% | SUE: 1.03 | # QB: 1
EPS current Quarter (2026-06-30): EPS=4.00 | Chg30d=+13.43% | Revisions=+64% | Analysts=8
EPS next Quarter (2026-09-30): EPS=3.93 | Chg30d=+0.56% | Revisions=+0% | Analysts=8
EPS current Year (2026-12-31): EPS=17.05 | Chg30d=+11.19% | Revisions=+67% | GrowthEPS=+11.0% | GrowthRev=-0.9%
EPS next Year (2027-12-31): EPS=17.02 | Chg30d=+5.05% | Revisions=+64% | GrowthEPS=-0.2% | GrowthRev=-0.7%
[Analyst] Revisions Ratio: +67%