Stocktoria

AerCap Holdings N.V. AER

NYSE · stock · Services-Equipment Rental & Leasing, NEC · website · IPO 2006-11-20 · LEI

AerCap Holdings N.V. statistics & valuation

Market cap$23.5B
P / E6.3×
P / S2.8×
P / B1.3×
Dividend yield0.82%
Net margin44.0%
Return on equity20.5%
Net debt$42.2B
Enterprise value USD$65.7B
Graham number +48.6%$223.30

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($223.30); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
20.30% 21.40% 21.20% 23.20% -6.60% 19.20% -10.40% 41.40% 26.20% 44.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
12.20% 12.50% 11.40% 12.20% -3.30% 6.00% -4.50% 18.90% 12.20% 20.50% 2016201720182019202020212022202320242025
Shares outstanding
189.7M 167.3M 148.7M 135.9M 130.4M 245.4M 245.9M 227.7M 194.5M 176.1M 2016201720182019202020212022202320242025
Net debt ($)
$25.68B $26.76B $28.30B $28.36B $27.49B $48.48B $44.94B $44.86B $44.09B $42.19B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.50% 2.60% 2.40% 2.60% -0.70% 1.30% -1.00% 4.40% 2.90% 5.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
3.23× 3.29× 3.32× 3.14× 3.22× 3.02× 2.87× 2.80× 2.64× 2.38× 2016201720182019202020212022202320242025
EPS ($)
$5.52 $6.43 $6.83 $8.43 -$2.34 $6.71 -$3.02 $13.78 $10.79 $21.30 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

AerCap Holdings N.V. trades at about 7.1× earnings — below its 10-year norm (10-year range 5.4×–9.4×, median 8×).

5.4× 9.4×

Shaded band = 10-year range (5.4×–9.4×); dot = today's 7.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin44.0%26.2%41.4%-10.4%19.2%-6.6%23.2%21.2%21.4%20.3%
Return on assets5.2%2.9%4.4%-1.0%1.3%-0.7%2.6%2.4%2.6%2.5%
Return on equity20.5%12.2%18.9%-4.5%6.0%-3.3%12.2%11.4%12.5%12.2%
Debt / equity2.38×2.64×2.80×2.87×3.02×3.22×3.14×3.32×3.29×3.23×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.