AER
AerCap Holdings NV
NYSE: AER · INDUSTRIALS · RENTAL & LEASING SERVICES
$138.11
+0.71% today
Updated 2026-04-29
Market cap
$22.48B
P/E ratio
6.48
P/S ratio
2.64x
EPS (TTM)
$21.30
Dividend yield
1.17%
52W range
$105 – $155
Volume
1.4M
AerCap Holdings NV (AER) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $800.35M | $1.16B | $1.24B | $634.53M | $946.30M | $1.07B | $972.52M | $1.05B | $3.57B | $5.29B | $5.04B | $5.04B | $4.80B | $4.94B | $4.49B | $4.59B | $7.01B | $7.58B | $8.00B | $8.19B |
| Revenue growth (YoY) | — | +45.2% | +7.1% | -49.0% | +49.1% | +13.6% | -9.5% | +8.0% | +240.1% | +48.0% | -4.6% | -0.1% | -4.7% | +2.9% | -9.0% | +2.1% | +52.8% | +8.1% | +5.5% | +2.4% |
| Cost of revenue | $535.59M | $847.03M | $964.96M | $345.49M | $609.48M | $724.20M | $435.59M | $386.75M | $1.42B | $2.37B | $2.37B | $2.27B | $2.13B | $1.96B | $1.97B | $2.06B | $3.21B | $3.24B | $3.39B | $3.29B |
| Gross profit | $264.75M | $315.15M | $279.55M | $289.04M | $336.82M | $350.67M | $536.93M | $663.31M | $2.15B | $2.92B | $2.67B | $2.77B | $2.67B | $2.97B | $2.52B | $2.53B | $3.80B | $4.34B | $4.61B | $4.89B |
| Gross margin | 33.1% | 27.1% | 22.5% | 45.6% | 35.6% | 32.6% | 55.2% | 63.2% | 60.1% | 55.3% | 52.9% | 55.0% | 55.7% | 60.2% | 56.2% | 55.2% | 54.2% | 57.3% | 57.6% | 59.8% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $139.70M | $100.34M | $105.56M | $59.65M | $62.32M | $69.80M | $70.84M | $75.74M | $255.88M | $334.82M | $307.08M | $312.48M | $266.92M | $230.25M | $211.41M | $290.79M | $338.59M | $371.33M | $390.93M | $545.93M |
| Operating income | $269.95M | $447.19M | $378.45M | $203.61M | $513.56M | $230.05M | $453.52M | $574.23M | $1.85B | $2.54B | $2.32B | $2.42B | $2.37B | $2.71B | $2.28B | $2.21B | $3.40B | $3.88B | $4.12B | $4.25B |
| Operating margin | 33.7% | 38.5% | 30.4% | 32.1% | 54.3% | 21.4% | 46.6% | 54.7% | 51.7% | 48.1% | 46.0% | 48.1% | 49.4% | 54.8% | 50.8% | 48.2% | 48.5% | 51.2% | 51.5% | 51.9% |
| EBITDA | $242.17M | $364.32M | $346.19M | $466.25M | $623.30M | $655.78M | $465.10M | $582.95M | $1.87B | $2.57B | $2.41B | $2.45B | $2.39B | $2.73B | $3.93B | $3.95B | $5.79B | $3.91B | $4.15B | $8.72B |
| EBITDA margin | 30.3% | 31.3% | 27.8% | 73.5% | 65.9% | 61.0% | 47.8% | 55.5% | 52.3% | 48.7% | 47.9% | 48.5% | 49.8% | 55.2% | 87.4% | 86.1% | 82.6% | 51.6% | 51.9% | 106.5% |
| EBIT | $129.65M | $212.42M | $162.18M | $229.56M | $267.48M | $253.61M | $453.52M | $574.23M | $1.85B | $2.54B | $2.38B | $2.42B | $2.37B | $2.71B | $2.28B | $2.21B | $3.40B | $3.88B | $4.12B | $6.07B |
| Interest expense | $166.22M | $234.77M | $219.17M | $92.15M | $240.26M | $292.49M | $286.02M | $226.33M | $780.35M | $1.10B | $1.09B | $1.11B | $1.17B | $1.30B | $1.25B | $1.23B | $1.68B | $1.87B | $2.07B | $1.98B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $108.99M | $188.45M | $151.81M | $165.17M | $207.57M | $172.22M | $163.66M | $292.41M | $810.45M | $1.18B | $1.05B | $1.08B | $1.02B | $1.15B | $-298.57M | $1.00B | $-726.04M | $3.14B | $2.10B | $3.75B |
| Net income growth (YoY) | — | +72.9% | -19.4% | +8.8% | +25.7% | -17.0% | -5.0% | +78.7% | +177.2% | +45.4% | -11.2% | +2.8% | -5.6% | +12.8% | -126.1% | +435.1% | -172.6% | +531.9% | -33.1% | +78.7% |
| Profit margin | 13.6% | 16.2% | 12.2% | 26.0% | 21.9% | 16.0% | 16.8% | 27.8% | 22.7% | 22.3% | 20.8% | 21.4% | 21.2% | 23.2% | -6.6% | 21.8% | -10.4% | 41.4% | 26.2% | 45.8% |