(AER) AerCap Holdings - Ratings and Ratios

Exchange: NYSE • Country: Ireland • Currency: USD • Type: Common Stock • ISIN: NL0000687663

Aircraft, Engines, Helicopters, Leasing

EPS (Earnings per Share)

EPS (Earnings per Share) of AER over the last years for every Quarter: "2020-12": 0.22, "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,

Revenue

Revenue of AER over the last years for every Quarter: 2020-12: 1031.617, 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,

Dividends

Dividend Yield 0.75%
Yield on Cost 5y 2.63%
Yield CAGR 5y %
Payout Consistency 17.1%
Payout Ratio 7.3%
Risk via 5d forecast
Volatility 21.2%
Value at Risk 5%th 34.4%
Relative Tail Risk -1.44%
Reward TTM
Sharpe Ratio 1.81
Alpha 41.63
CAGR/Max DD 1.64
Character TTM
Hurst Exponent 0.623
Beta 0.801
Beta Downside 1.205
Drawdowns 3y
Max DD 23.14%
Mean DD 4.18%
Median DD 2.99%

Description: AER AerCap Holdings December 19, 2025

AerCap Holdings N.V. (NYSE:AER) is a global aircraft leasing and asset-management firm that acquires, finances, leases, and disposes of commercial airframes, engines, and helicopters across the United States, China, and other markets. Its services span full-cycle asset management-including remarketing, maintenance monitoring, contract enforcement, repossession, insurance, valuation, and market research-plus treasury, cash-management, and corporate-secretarial functions for its lessee base.

Key operating metrics (as of FY 2024) include a portfolio of roughly 3,525 aircraft, engines, and helicopters, an EBITDA margin of about 24 %, a net debt-to-EBITDA ratio near 4.2×, and an average lease rate of 5.8 % on a 10-year basis. The company reported a backlog of $12 billion in orders, reflecting strong demand for newer, fuel-efficient models, and its return on invested capital (ROIC) has hovered around 9 % over the past three years.

The leasing sector’s performance is driven primarily by global airline capacity growth (projected at 3-4 % CAGR through 2030), the pace of new-generation aircraft deliveries, and macro-financial conditions such as interest-rate levels and currency volatility that affect lease financing costs. Additionally, fuel-price dynamics and regulatory shifts toward lower-emission fleets amplify demand for modern, efficient aircraft, which benefits AerCap’s newer-fleet focus.

For a deeper, data-rich perspective on AerCap’s valuation and risk profile, you may find ValueRay’s analytical dashboards worth exploring.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (3.79b TTM) > 0 and > 6% of Revenue (6% = 475.8m TTM)
FCFTA -0.00 (>2.0%) and ΔFCFTA 1.18pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -21.03% (prev 74.81%; Δ -95.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.08 (>3.0%) and CFO 5.55b > Net Income 3.79b (YES >=105%, WARN >=100%)
Net Debt (42.21b) to EBITDA (5.35b) ratio: 7.89 <= 3.0 (WARN <= 3.5)
Current Ratio 0.62 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (174.1m) change vs 12m ago -9.29% (target <= -2.0% for YES)
Gross Margin 53.94% (prev 58.00%; Δ -4.06pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 10.88% (prev 10.60%; Δ 0.28pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.21 (EBITDA TTM 5.35b / Interest Expense TTM 2.10b) >= 6 (WARN >= 3)

Altman Z'' 1.29

(A) -0.02 = (Total Current Assets 2.73b - Total Current Liabilities 4.40b) / Total Assets 71.94b
(B) 0.22 = Retained Earnings (Balance) 15.73b / Total Assets 71.94b
(C) 0.06 = EBIT TTM 4.63b / Avg Total Assets 72.88b
(D) 0.29 = Book Value of Equity 15.68b / Total Liabilities 53.79b
Total Rating: 1.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.74

1. Piotroski 4.0pt
2. FCF Yield -0.21%
3. FCF Margin -1.81%
4. Debt/Equity 2.43
5. Debt/Ebitda 7.89
6. ROIC - WACC (= 2.48)%
7. RoE 21.51%
8. Rev. Trend 76.22%
9. EPS Trend 65.99%

What is the price of AER shares?

As of December 21, 2025, the stock is trading at USD 144.78 with a total of 1,745,233 shares traded.
Over the past week, the price has changed by +3.76%, over one month by +9.31%, over three months by +20.68% and over the past year by +57.04%.

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.
  • Strong Buy: 5
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the AER price?

Issuer Target Up/Down from current
Wallstreet Target Price 149.2 3.1%
Analysts Target Price 149.2 3.1%
ValueRay Target Price 198.1 36.8%

AER Fundamental Data Overview December 13, 2025

Market Cap USD = 24.88b (24.88b USD * 1.0 USD.USD)
P/E Trailing = 6.7378
P/E Forward = 9.9108
P/S = 2.9817
P/B = 1.3239
P/EG = 0.91
Beta = 1.13
Revenue TTM = 7.93b USD
EBIT TTM = 4.63b USD
EBITDA TTM = 5.35b USD
Long Term Debt = 44.03b USD (from longTermDebt, last quarter)
Short Term Debt = 15.4m USD (from shortTermDebt, last fiscal year)
Debt = 44.03b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 42.21b USD (from netDebt column, last quarter)
Enterprise Value = 67.10b USD (24.88b + Debt 44.03b - CCE 1.81b)
Interest Coverage Ratio = 2.21 (Ebit TTM 4.63b / Interest Expense TTM 2.10b)
FCF Yield = -0.21% (FCF TTM -143.2m / Enterprise Value 67.10b)
FCF Margin = -1.81% (FCF TTM -143.2m / Revenue TTM 7.93b)
Net Margin = 47.78% (Net Income TTM 3.79b / Revenue TTM 7.93b)
Gross Margin = 53.94% ((Revenue TTM 7.93b - Cost of Revenue TTM 3.65b) / Revenue TTM)
Gross Margin QoQ = 59.97% (prev 32.03%)
Tobins Q-Ratio = 0.93 (Enterprise Value 67.10b / Total Assets 71.94b)
Interest Expense / Debt = 1.10% (Interest Expense 485.9m / Debt 44.03b)
Taxrate = 14.02% (198.2m / 1.41b)
NOPAT = 3.99b (EBIT 4.63b * (1 - 14.02%))
Current Ratio = 0.62 (Total Current Assets 2.73b / Total Current Liabilities 4.40b)
Debt / Equity = 2.43 (Debt 44.03b / totalStockholderEquity, last quarter 18.15b)
Debt / EBITDA = 7.89 (Net Debt 42.21b / EBITDA 5.35b)
Debt / FCF = -294.9 (out of range, set to none) (Net Debt 42.21b / FCF TTM -143.2m)
Total Stockholder Equity = 17.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.27% (Net Income 3.79b / Total Assets 71.94b)
RoE = 21.51% (Net Income TTM 3.79b / Total Stockholder Equity 17.62b)
RoCE = 7.52% (EBIT 4.63b / Capital Employed (Equity 17.62b + L.T.Debt 44.03b))
RoIC = 6.32% (NOPAT 3.99b / Invested Capital 63.02b)
WACC = 3.85% (E(24.88b)/V(68.91b) * Re(8.97%) + D(44.03b)/V(68.91b) * Rd(1.10%) * (1-Tc(0.14)))
Discount Rate = 8.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -8.07%
Fair Price DCF = unknown (Cash Flow -143.2m)
EPS Correlation: 65.99 | EPS CAGR: 90.89% | SUE: 2.95 | # QB: 1
Revenue Correlation: 76.22 | Revenue CAGR: 7.53% | SUE: -1.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.55 | Chg30d=+0.081 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=14.74 | Chg30d=+0.530 | Revisions Net=+7 | Growth EPS=+0.5% | Growth Revenue=-0.2%

Additional Sources for AER Stock

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