AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland. The company specializes in acquiring, leasing, and managing commercial aircraft, engines, and helicopters for airlines and aviation operators worldwide. AerCap provides fleet financing and management solutions that allow operators to utilize aviation assets without the capital requirements of direct ownership.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total revenue
8,730,516
8,155,600
7,747,133
7,130,715
Selling, General & Administrative Expenses
545,933
488,916
464,128
399,530
Other Non-Interest Expenses
3,878,723
5,244,355
3,844,104
7,616,440
Total Non-Interest Expense
4,424,656
5,733,271
4,308,232
8,015,970
Income Before Provision for Income Taxes
4,092,012
2,263,373
3,272,186
(1,002,420)
Provision for Income Taxes
555,246
323,704
291,056
(164,097)
Consolidated Net Income
3,750,614
2,098,625
3,147,845
(721,158)
Net Income Attributable to Minority Interests and Other
2
(7)
11,754
4,883
Net Income Attributable to Common Shareholders
3,750,612
2,098,632
3,136,091
(726,041)
Basic EPS
21.78
11.06
13.99
-3.02
Diluted EPS
21.30
10.79
13.78
-3.02
Basic Weighted Average Shares Outstanding
172,181
189,831
224,217
240,487
Diluted Weighted Average Shares Outstanding
176,116
194,489
227,656
240,487
Shares Outstanding
166,877
186,783
202,493
245,931
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
1,379,180
1,209,226
1,825,466
1,597,147
Other Earning Assets
1,807,494
1,208,585
1,263,375
1,356,072
Net Property, Plant & Equipment
57,796,320
58,575,672
55,627,971
55,220,809
Accrued Interest and Accounts Receivable
48,499
68,073
1,959,176
132,202
Net Intangible Assets
1,795,196
2,269,659
2,928,757
3,549,663
Long-Term Investments
1,315,306
1,128,894
1,859,611
811,219
Other Non-Earning Assets
7,529,795
6,981,867
3,958,044
7,059,806
Total Assets
71,671,790
71,441,976
69,422,400
69,726,918
Accounts Payable
1,897,392
1,774,827
7,880,467
1,494,953
Long-Term Debt
43,565,321
45,294,511
44,918,796
46,532,960
Other Liabilities
7,964,592
7,274,009
4,450,960
5,577,967
Total Liabilities
53,348,299
54,257,144
57,250,223
53,531,868
Common Stock
2,267
2,558
—
3,024
Treasury Stock
(1,467,321)
(1,425,652)
—
(254,699)
Additional Paid-in Capital
3,517,963
5,809,276
—
8,586,034
Accumulated Other Comprehensive Income
(50,210)
42,683
—
108,226
Retained Earnings
16,320,581
12,755,758
—
7,674,922
Total Common Shareholders' Equity
18,323,280
17,184,623
14,397,441
16,117,507
Minority Interests and Other
211
209
216
77,543
Total Shareholders' Equity
18,323,491
17,184,832
14,397,657
16,195,050
Total Liabilities and Shareholders' Equity
71,671,790
71,441,976
69,422,400
69,726,918
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
3,639,695
2,098,625
3,147,845
(721,158)
Depreciation & Amortization
2,559,401
2,580,037
2,480,578
2,389,807
Share-Based Compensation Expense
166,239
111,140
97,058
102,848
Other Adjustments
(128,467)
398,297
(612,790)
3,788,948
Changes in Other Operating Activities
1,466,127
921,459
764,499
145,047
Cash from Operating Activities
5,393,124
5,436,643
5,261,435
5,170,962
Capital Expenditure
(6,074,298)
(6,616,358)
(6,232,386)
(3,871,572)
Proceeds from Sale of Property, Plant & Equipment
2,871,562
2,674,974
2,121,507
1,635,777
Other Investing Activities
1,915,656
244,458
954,071
52,682
Cash from Investing Activities
(1,664,530)
(3,724,207)
(3,182,968)
(2,160,499)
Issuance of Long-Term Debt
5,351,843
7,641,379
6,550,992
467,996
Repayments of Long-Term Debt
(7,082,721)
(8,799,950)
(6,568,370)
(4,230,082)
Net Issuance / (Repayments) of Long-Term Debt
(1,730,878)
(1,158,571)
(17,378)
(3,762,086)
Repurchases of Common Shares
(2,538,200)
(1,520,320)
(2,637,589)
(17,419)
Net Issuance / (Repurchases) of Common Shares
(2,538,200)
(1,520,320)
(2,637,589)
(17,419)
Common Share Dividends Paid
(192,437)
(139,991)
(112,034)
(3,957)
Other Financing Activities
(1,878,867)
(13,823)
113,367
110,731
Cash from Financing Activities
(3,653,061)
(2,132,509)
(2,011,719)
(3,160,815)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
2,629
(3,811)
1,948
(7,631)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash