AER
$143.93+0.29%
as of close, Oct 1, 2026
☾ AH $143.93 +0.29%
AER financial statements
The full income statement, balance sheet, and cash-flow statement for AerCap Holdings N.V. (AER), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 153.0M2018-12 142.7M2019-12 131.6M2020-12 130.4M2021-12 245.4M2022-12 245.9M2023-12 202.5M2024-12 186.8M2025-12 166.9M+9.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.52B+6.5% | 8.00B+5.5% | 7.58B+8.1% | 7.01B+34.3% | 5.22B+16.3% | ||
| Lease income | 7.37B+5.2% | 7.00B+2.1% | 6.86B+5.0% | 6.53B+48.0% | 4.41B+2.1% | |
| 4.44B-22.7% | 5.74B+33.1% | 4.31B-46.1% | 8.00B+96.1% | 4.08B-12.6% | ||
| Selling, general & administrative | 546M+11.7% | 489M+5.3% | 464M+16.2% | 400M+25.7% | 318M+31.3% | |
| Interest expense | — | — | 1.81B+13.5% | 1.59B+29.4% | 1.23B-1.4% | |
| Equity-method income | 214M+34.5% | 159M-4.7% | 167M+42.3% | 117M+387.2% | 24.1M+876.1% | |
| Gain (loss) on equity securities | 13.3M+153.6% | 5.24M+124.4% | 2.33M+113.2% | -17.7M-868.2% | 2.30M+101.6% | |
| Pre-tax income | 4.09B+80.8% | 2.26B-30.8% | 3.27B+426.4% | -1.00B-187.3% | 1.15B+464.9% | |
| Income tax | 555M+71.5% | 324M+11.2% | 291M+277.4% | -164M-201.0% | 163M+1043.3% | |
| 3.75B+78.7% | 2.10B-33.1% | 3.14B+531.9% | -726M-172.6% | 1.00B+435.1% | ||
| Net income to non-controlling interest | 2.00K+128.6% | -7.00K-100.1% | 11.8M+140.7% | 4.88M-45.3% | 8.92M+145.0% | |
| $21.30+97.4% | $10.79-21.7% | $13.78+556.3% | -$3.02-145.0% | $6.71+386.8% | ||
| EPS (basic) | $21.78+96.9% | $11.06-20.9% | $13.99+563.2% | -$3.02-144.2% | $6.83+391.9% | |
| Weighted-avg shares (basic) | 172M-9.3% | 190M-15.3% | 224M-6.8% | 240M+64.2% | 146M+14.6% | |
| Weighted-avg shares (diluted) | 176M-9.4% | 194M-14.6% | 228M-5.3% | 240M+61.4% | 149M+16.6% | |
| Dividends per share | $1.15+53.9% | $0.75 | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 1.38B+14.1% | 1.21B-25.7% | 1.63B+1.9% | 1.60B-7.6% | 1.73B+38.4% | |
| Inventory | 112M+23.7% | 90.9M+6.1% | 85.7M+53.3% | 55.9M+15.0% | 48.6M | |
| 71.7B+0.3% | 71.4B+0.2% | 71.3B+2.2% | 69.7B-6.5% | 74.6B+77.3% | ||
| Property, plant & equipment | 57.8B-1.3% | 58.6B+2.6% | 57.1B+3.4% | 55.2B-4.5% | 57.8B+64.5% | |
| Operating lease right-of-use | 39.4M-14.3% | 46.0M-19.4% | 57.0M-30.4% | 82.0M-14.5% | 95.8M+136.0% | |
| Deferred tax assets | 173M-33.8% | 261M-5.3% | 276M+31.1% | 210M+73.0% | 122M-7.6% | |
| 53.3B-1.7% | 54.3B-0.8% | 54.7B+2.2% | 53.5B-7.6% | 57.9B+74.9% | ||
| Long-term debt | 43.6B-3.8% | 45.3B-2.6% | 46.5B-0.1% | 46.5B-7.3% | 50.2B+74.7% | |
| Operating lease liability (total) | 49.0M-12.2% | 55.8M-39.4% | 92.1M-31.9% | 135M-22.1% | 174M+251.2% | |
| Finance lease liability (total) | 126M-7.5% | 136M-2.9% | 140M+2.2% | 137M-2.5% | 141M+26.9% | |
| Deferred tax liabilities | 3.17B+14.4% | 2.77B+9.6% | 2.53B+15.1% | 2.19B+5.2% | 2.09B+128.3% | |
| 18.3B+6.6% | 17.2B+3.6% | 16.6B+2.9% | 16.1B-2.7% | 16.6B+86.9% | ||
| Common stock | 2.27M-11.4% | 2.56M-4.4% | 2.68M-11.5% | 3.02M+0.0% | 3.02M+75.7% | |
| Additional paid-in capital | 3.52B-39.4% | 5.81B-11.9% | 6.59B-23.2% | 8.59B+0.7% | 8.52B+310.1% | |
| Retained earnings | 16.3B+27.9% | 12.8B+18.1% | 10.8B+40.8% | 7.67B-8.7% | 8.41B+13.7% | |
| Treasury stock | 1.47B+2.9% | 1.43B+74.0% | 819M+221.7% | 255M-10.9% | 286M-37.8% | |
| Accumulated other comprehensive income | -50.2M-217.6% | 42.7M+414.0% | 8.30M-92.3% | 108M+236.4% | -79.3M+48.8% | |
| Non-controlling interest | 211K+1.0% | 209K-3.2% | 216K-99.7% | 77.5M+1.2% | 76.6M+12.6% | |
| Total equity incl. non-controlling | 18.3B+6.6% | 17.2B+3.6% | 16.6B+2.4% | 16.2B-2.7% | 16.6B+86.4% | |
| Total liabilities & equity | 71.7B+0.3% | 71.4B+0.2% | 71.3B+2.2% | 69.7B-6.5% | 74.6B+77.3% | |
| Common shares issued | 179M-12.5% | 205M-5.1% | 216M-13.9% | 250M+0.0% | 250M+80.3% | |
| Common shares outstanding | 167M-10.7% | 187M-7.8% | 202M-17.7% | 246M+0.2% | 245M+88.2% | |
| Shares outstanding (cover) | 167M-10.7% | 187M-7.8% | 202M-17.7% | 246M+0.2% | 245M+88.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.39B-0.8% | 5.44B+3.3% | 5.26B+1.7% | 5.17B+40.0% | 3.69B+73.4% | ||
| Depreciation & amortization | 2.65B+2.6% | 2.58B+4.0% | 2.48B+3.8% | 2.39B+37.5% | 1.74B+5.6% | |
| Share-based compensation | 166M+49.6% | 111M+14.5% | 97.1M-5.6% | 103M+7.0% | 96.1M+38.9% | |
| Deferred income taxes | 510M+92.2% | 265M-19.4% | 329M+1361.2% | 22.5M+230.0% | -17.3M+33.1% | |
| Other operating activities | -226M-236.5% | 165M+2337.0% | -7.39M+95.4% | -162M-466.1% | 44.2M-82.5% | |
| -1.66B+55.3% | -3.72B-17.0% | -3.18B-47.3% | -2.16B+90.8% | -23.5B-3193.5% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 22.5B | |
| Proceeds from sale of PP&E | 2.87B+7.3% | 2.67B+26.1% | 2.12B+29.7% | 1.64B+105.3% | 797M+69.0% | |
| Other investing activities | 55.4M+103.2% | 27.3M+4.3% | 26.2M+215.7% | -22.6M-592.3% | 4.59M | |
| -3.65B-71.3% | -2.13B-6.0% | -2.01B+36.4% | -3.16B-115.7% | 20.2B+1747.2% | ||
| Long-term debt issued | 5.35B-30.0% | 7.64B+16.6% | 6.55B+1299.8% | 468M-98.2% | 26.5B+142.1% | |
| Long-term debt repaid | 7.08B-19.5% | 8.80B+34.0% | 6.57B+55.3% | 4.23B-29.2% | 5.97B-48.3% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 192M+37.5% | 140M | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 2.63M+169.0% | -3.81M-295.6% | 1.95M+125.5% | -7.63M-1083.4% | 776K-64.4% | |
| Interest paid | 1.91B+5.8% | 1.81B+9.4% | 1.65B+5.4% | 1.57B+41.0% | 1.11B-7.2% | |
| Income taxes paid | 26.1M-23.3% | 34.0M+46.6% | 23.2M+4195.1% | -567K-111.5% | 4.93M+227.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 24.0B+34.2% | 17.9B-2.2% | 18.3B+27.7% | 14.3B-10.9% | 16.1B+170.1% | |
| P/E | 6.4×-24.9% | 8.5× | — | 14.3×-10.9% | 16.0× | |
| P/S | 2.8×+26.0% | 2.2×-14.2% | 2.6×-4.9% | 2.7×-10.9% | 3.1×+132.3% | |
| P/B | 1.3×+25.9% | 1.0×-8.3% | 1.1×+31.3% | 0.9×-10.9% | 1.0×+44.5% | |
| P/FCF | 106.5×+34.2% | 79.4×-2.2% | 81.2×+27.7% | 63.5×-10.9% | 71.3×+170.1% | |
| Earnings yield | 15.6%+33.2% | 11.7% | — | 7.0%+12.2% | 6.2% | |
| FCF yield | 0.94%-25.5% | 1.3%+2.3% | 1.2%-21.7% | 1.6%+12.2% | 1.4%-63.0% | |
| Dividend yield | 0.80%+2.4% | 0.78% | — | — | — | |
| Source filing | 20-F | 20-F | 20-F/A | 20-F | 20-F |
About this data
Source: AER’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AER filings on SEC EDGAR → Not investment advice.