Financials · AER

AerCap Holdings N.V. (AER) financials

For fiscal 2025 (ended Dec 31, 2025), AerCap Holdings N.V. reported $8.52B of revenue and $3.75B of net income.

Revenue, FY2025
$8.52B
Revenue growth, YoY
+6.5%
Net income, FY2025
$3.75B
Net income growth, YoY
+78.7%
Net margin
44.0%
EPS, diluted, FY2025
$21.30
EPS growth, YoY
+97.4%
Cash
$1.38B
Total debt
$43.57B
P/E
6.98
P/S
3.08
Market cap
$26.20B
Annual revenue$8.52B
FY2016FY2025
Annual net income$3.75B
FY2016FY2025

AER revenue and earnings growth

AER revenueFY2025$8.52B

FY YoY
+6.5%
5Y CAGR
+13.6%
10Y CAGR
+4.9%

AER revenue was $8.52B for fiscal 2025 (ended Dec 31, 2025), up 6.5% from fiscal 2024. Compound annual growth was +13.6% over 5 years and +4.9% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AER net incomeFY2025$3.75B

FY YoY
+78.7%
10Y CAGR
+12.3%

AER net income was $3.75B for fiscal 2025 (ended Dec 31, 2025), up 78.7% from fiscal 2024. Compound annual growth was +12.3% over 10 years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AER EPSFY2025$21.30

FY YoY
+97.4%

AER diluted EPS was $21.30 for fiscal 2025 (ended Dec 31, 2025), up 97.4% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$8.52B$8.00B$7.58B$7.01B$5.22B$4.49B$4.94B$4.80B$5.04B$5.15B
Selling, general and admin$545.93M$488.92M$464.13M$399.53M$317.89M$242.16M$267.46M$305.23M$348.29M$351.01M
Interest expense--$1.81B$1.59B$1.23B$1.25B$1.30B$1.17B$1.11B$1.09B
Pre-tax income$4.09B$2.26B$3.27B-$1.00B$1.15B-$314.62M$1.34B$1.15B$1.24B$1.20B
Income tax$555.25M$323.70M$291.06M-$164.10M$162.54M-$17.23M$167.71M$144.08M$164.72M$173.50M
Net income$3.75B$2.10B$3.14B-$726.04M$1.00B-$298.57M$1.15B$1.02B$1.08B$1.05B
EPS, basic$21.78$11.06$13.99-$3.02$6.83-$2.34$8.51$7.00$6.68$5.64
EPS, diluted$21.30$10.79$13.78-$3.02$6.71-$2.34$8.43$6.83$6.43$5.52
Diluted shares176.1M194.5M227.7M240.5M149.0M127.7M135.9M148.7M167.3M189.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.38B$1.21B$1.83B$1.76B$1.91B$1.50B$1.30B$1.42B$2.02B$2.36B
Inventory$112.44M$90.92M$85.67M$55.87M$48.58M$0$3.16M$30.97M$38.97M$52.67M
Total assets$71.67B$71.44B$71.27B$69.73B$74.57B$42.05B$43.75B$43.21B$42.04B$41.62B
Total debt$43.57B$45.29B$46.48B$46.53B$50.20B$28.74B$29.49B$29.51B$28.42B$27.72B
Total liabilities$53.35B$54.26B$54.69B$53.53B$57.92B$33.12B$34.37B$34.33B$33.40B$33.04B
Shareholders' equity$18.32B$17.18B$16.59B$16.20B$16.65B$8.93B$9.38B$8.88B$8.64B$8.58B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$5.39B$5.44B$5.26B$5.17B$3.69B$2.13B$3.11B$2.84B$3.14B$3.38B
Investing cash flow-$1.66B-$3.72B-$3.18B-$2.16B-$23.46B-$712.29M-$2.95B-$4.05B-$3.39B-$1.42B
Financing cash flow-$3.65B-$2.13B-$2.01B-$3.16B$20.18B-$1.23B-$265.01M$600.41M-$87.57M-$2.42B
Dividends paid$192.44M$139.99M$0$0------
Stock-based compensation$166.24M$111.14M$97.06M$102.85M$96.09M$69.19M$69.41M$95.18M--
Depreciation and amortization$2.65B$2.58B$2.48B$2.39B$1.74B$1.65B$1.68B$1.68B$1.73B$1.79B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY6.5%5.5%8.1%34.3%16.3%-9.0%2.9%-4.7%-2.2%-2.6%
Net income growth, YoY78.7%-33.1%----12.8%-5.6%2.8%-11.2%
EPS growth, YoY97.4%-21.7%----23.4%6.2%16.5%-3.5%
Net margin44.0%26.2%41.4%-10.4%19.2%-6.6%23.2%21.2%21.4%20.3%
Return on equity20.5%12.2%18.9%-4.5%6.0%-3.3%12.2%11.4%12.5%12.2%
Return on assets5.2%2.9%4.4%-1.0%1.3%-0.7%2.6%2.4%2.6%2.5%
Debt to equity2.382.642.802.873.023.223.143.323.293.23

Source: XBRL data AerCap Holdings N.V. files with the SEC, latest filing dated Feb 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

AER peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AER$8.52B+6.5%$3.75B44.0%$26.20B
ABNB$13.93B+16.7%$3.21B23.0%$113.76B
URI$17.50B+9.4%$2.86B16.3%$65.36B
PYPL$34.30B+4.4%$4.73B13.8%$49.20B
PAYX$6.60B+14.0%$1.81B27.4%$41.67B
SUNB$11.47B-$1.39B12.1%$31.57B
ROL$3.99B+8.3%$526.12M13.2%$18.14B
APG$8.91B+16.4%$367.00M4.1%$17.38B
ALLE$4.39B+10.3%$691.10M15.7%$15.63B

AER FAQ

7 questions
  • What is AER revenue?
    AerCap Holdings N.V. (AER) reported $8.52B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 6.5% from the year before.
  • Is AER profitable?
    Yes. AerCap Holdings N.V. earned $3.75B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 44.0%.
  • How much cash and debt does AER have?
    AerCap Holdings N.V. reported $1.38B in cash and cash equivalents and $43.57B of debt on its most recent balance sheet in SEC filings.
  • How fast is AER revenue growing?
    AerCap Holdings N.V.'s revenue changed +6.5% in fiscal 2025, to $8.52B. Its compound annual growth rate was +13.6% over 5 years and +4.9% over 10 years.
  • What is AER earnings per share?
    Diluted earnings per share were $21.30 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did AER last report financial results?
    The latest statements here come from AerCap Holdings N.V.'s 20-F filed on Feb 12, 2026, covering the period ended Dec 31, 2025.
  • Where does this AER financial data come from?
    Quantisnow builds these statements from the structured XBRL data AerCap Holdings N.V. files with the SEC. It is provided for information only and is not investment advice.