(AER) AerCap Holdings - Overview

Sector: IndustrialsIndustry: Rental & Leasing Services | Exchange NYSE (USA) | Currency USD | Market Cap: 22.400m | Total Return 35.2% in 12m

Stock: Aircraft Leasing, Engine Management, Asset Remarketing, Parts Supply

Total Rating 49
Risk 72
Buy Signal -0.31
Rental & Leasing Services -2.2
Trading Companies & Distributors -7.8
Market Cap: 22,400m
Avg Trading Vol: 234M USD
ATR: 3.07%
Peers RS (IBD): 68.3
Risk 5d forecast
Volatility 24.3%
Relative Tail Risk -1.09%
Reward TTM
Sharpe Ratio 1.12
Alpha 19.01
Character TTM
Beta 0.959
Beta Downside 1.053
Drawdowns 3y
Max DD 15.66%
CAGR/Max DD 2.44

EPS (Earnings per Share)

EPS (Earnings per Share) of AER over the last years for every Quarter: "2021-03": 2.58, "2021-06": 1.92, "2021-09": 3.35, "2021-12": 0.44, "2022-03": 2.23, "2022-06": 1.91, "2022-09": 2.21, "2022-12": 2.66, "2023-03": 2.34, "2023-06": 2.56, "2023-09": 4.86, "2023-12": 3.11, "2024-03": 3.29, "2024-06": 3.01, "2024-09": 2.41, "2024-12": 3.31, "2025-03": 3.68, "2025-06": 2.83, "2025-09": 4.97, "2025-12": 3.95,
EPS CAGR: 16.47%
EPS Trend: 72.3%
Last SUE: 1.00
Qual. Beats: 2

Revenue

Revenue of AER over the last years for every Quarter: 2021-03: 1095.35, 2021-06: 1095.35, 2021-09: 1011.986, 2021-12: 1442.181, 2022-03: 1790.016, 2022-06: 1631.36, 2022-09: 1694.64, 2022-12: 1798.969, 2023-03: 1865.722, 2023-06: 1924.381, 2023-09: 1891.667, 2023-12: 1898.648, 2024-03: 2018.088, 2024-06: 1958.145, 2024-09: 1948.129, 2024-12: 2072.282, 2025-03: 2077.032, 2025-06: 1886.752, 2025-09: 1893.519, 2025-12: 2166.208,
Rev. CAGR: 5.22%
Rev. Trend: 78.3%
Last SUE: -2.31
Qual. Beats: 0

Description: AER AerCap Holdings February 26, 2026

AerCap Holdings N.V. (NYSE:AER) is the world’s largest aircraft leasing company, providing end-to-end leasing, financing, sale and asset-management services for commercial aircraft, engines and helicopters across the United States, China and global markets. Its platform covers everything from remarketing and lease-contract compliance to technical modifications, insurance, valuation and market research, while also offering corporate treasury and cash-management solutions for airline clients.

As of the latest Q4-2025 filing, AerCap’s fleet comprises roughly 3,500 aircraft, engines and helicopters, with an order backlog of about $55 billion-equivalent to roughly 1,200 future deliveries. The company generated $8.6 billion in revenue for 2025, delivering an adjusted EBITDA of $2.3 billion and maintaining a net-debt-to-EBITDA leverage of 5.5×. Key sector drivers include robust demand for narrow-body jets in Asia-Pacific, tightening airline cash flows that favor asset-light leasing models, and a modest rise in interest rates that is gradually compressing lease-rate spreads.

For a deeper dive into AerCap’s valuation metrics and how they compare with peers, you might want to explore the analysis on ValueRay.

Headlines to watch out for

  • Global air travel demand directly impacts aircraft lease rates
  • Interest rate fluctuations affect financing costs and profitability
  • Aircraft manufacturer delivery delays limit fleet expansion
  • Geopolitical events disrupt airline operations and lease payments
  • Fuel price volatility influences airline profitability and lease demand

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 3.75b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.69 > 1.0
NWC/Revenue: -26.12% < 20% (prev 46.33%; Δ -72.45% < -1%)
CFO/TA 0.08 > 3% & CFO 5.46b > Net Income 3.75b
Net Debt (42.09b) to EBITDA (6.02b): 6.99 < 3
Current Ratio: 0.61 > 1.5 & < 3
Outstanding Shares: last quarter (166.9m) vs 12m ago -12.52% < -2%
Gross Margin: 52.47% > 18% (prev 0.58%; Δ 5.19k% > 0.5%)
Asset Turnover: 11.21% > 50% (prev 11.19%; Δ 0.02% > 0%)
Interest Coverage Ratio: 2.34 > 6 (EBITDA TTM 6.02b / Interest Expense TTM 1.99b)

Altman Z'' 1.31

A: -0.03 (Total Current Assets 3.34b - Total Current Liabilities 5.43b) / Total Assets 71.67b
B: 0.23 (Retained Earnings 16.32b / Total Assets 71.67b)
C: 0.07 (EBIT TTM 4.66b / Avg Total Assets 71.56b)
D: 0.31 (Book Value of Equity 16.27b / Total Liabilities 53.35b)
Altman-Z'' Score: 1.31 = BB

Beneish M -3.00

DSRI: 0.54 (Receivables 1.86b/3.45b, Revenue 8.02b/8.00b)
GMI: 1.10 (GM 52.47% / 57.60%)
AQI: 1.58 (AQ_t 0.09 / AQ_t-1 0.06)
SGI: 1.00 (Revenue 8.02b / 8.00b)
TATA: -0.02 (NI 3.75b - CFO 5.46b) / TA 71.67b)
Beneish M-Score: -3.00 (Cap -4..+1) = A

What is the price of AER shares?

As of March 26, 2026, the stock is trading at USD 137.82 with a total of 789,300 shares traded.
Over the past week, the price has changed by +1.49%, over one month by -8.31%, over three months by -4.55% and over the past year by +35.16%.

Is AER a buy, sell or hold?

AerCap Holdings has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy AER.
  • StrongBuy: 5
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AER price?

Issuer Target Up/Down from current
Wallstreet Target Price 161.7 17.3%
Analysts Target Price 161.7 17.3%

AER Fundamental Data Overview March 22, 2026

P/E Trailing = 6.1784
P/E Forward = 10.1215
P/S = 2.6301
P/B = 1.1845
P/EG = 0.8038
Revenue TTM = 8.02b USD
EBIT TTM = 4.66b USD
EBITDA TTM = 6.02b USD
Long Term Debt = 43.57b USD (from longTermDebt, last quarter)
Short Term Debt = 75.1m USD (from shortTermDebt, two quarters ago)
Debt = 43.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 42.09b USD (from netDebt column, last quarter)
Enterprise Value = 64.59b USD (22.40b + Debt 43.57b - CCE 1.38b)
Interest Coverage Ratio = 2.34 (Ebit TTM 4.66b / Interest Expense TTM 1.99b)
EV/FCF = -93.50x (Enterprise Value 64.59b / FCF TTM -690.8m)
FCF Yield = -1.07% (FCF TTM -690.8m / Enterprise Value 64.59b)
FCF Margin = -8.61% (FCF TTM -690.8m / Revenue TTM 8.02b)
Net Margin = 46.75% (Net Income TTM 3.75b / Revenue TTM 8.02b)
Gross Margin = 52.47% ((Revenue TTM 8.02b - Cost of Revenue TTM 3.81b) / Revenue TTM)
Gross Margin QoQ = 52.32% (prev 59.97%)
Tobins Q-Ratio = 0.90 (Enterprise Value 64.59b / Total Assets 71.67b)
Interest Expense / Debt = 1.09% (Interest Expense 474.3m / Debt 43.57b)
Taxrate = 10.93% (77.7m / 710.5m)
NOPAT = 4.15b (EBIT 4.66b * (1 - 10.93%))
Current Ratio = 0.61 (Total Current Assets 3.34b / Total Current Liabilities 5.43b)
Debt / Equity = 2.38 (Debt 43.57b / totalStockholderEquity, last quarter 18.32b)
Debt / EBITDA = 6.99 (Net Debt 42.09b / EBITDA 6.02b)
Debt / FCF = -60.92 (negative FCF - burning cash) (Net Debt 42.09b / FCF TTM -690.8m)
Total Stockholder Equity = 17.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.24% (Net Income 3.75b / Total Assets 71.67b)
RoE = 20.95% (Net Income TTM 3.75b / Total Stockholder Equity 17.90b)
RoCE = 7.58% (EBIT 4.66b / Capital Employed (Equity 17.90b + L.T.Debt 43.57b))
RoIC = 6.60% (NOPAT 4.15b / Invested Capital 62.88b)
WACC = 3.82% (E(22.40b)/V(65.97b) * Re(9.35%) + D(43.57b)/V(65.97b) * Rd(1.09%) * (1-Tc(0.11)))
Discount Rate = 9.35% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -10.00%
[DCF] Fair Price = unknown (Cash Flow -690.8m)
EPS Correlation: 72.28 | EPS CAGR: 16.47% | SUE: 1.00 | # QB: 2
Revenue Correlation: 78.32 | Revenue CAGR: 5.22% | SUE: -2.31 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.53 | Chg7d=+0.000 | Chg30d=-0.050 | Revisions Net=+0 | Analysts=7
EPS current Year (2026-12-31): EPS=15.34 | Chg7d=+0.000 | Chg30d=-0.029 | Revisions Net=+4 | Growth EPS=-0.2% | Growth Revenue=-3.7%
EPS next Year (2027-12-31): EPS=16.21 | Chg7d=+0.000 | Chg30d=+0.134 | Revisions Net=+3 | Growth EPS=+5.7% | Growth Revenue=+1.7%
[Analyst] Revisions Ratio: +0.00 (2 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = -6.8% (Discount Rate 9.3% - Earnings Yield 16.2%)
[Growth] Growth Spread = +14.4% (Analyst 7.6% - Implied -6.8%)

Additional Sources for AER Stock

Fund Manager Positions: Dataroma | Stockcircle