AerCap Holdings N.V. Earnings Recaps
Q3 2025
Oct 29, 2025
AerCap delivered a standout performance in Q3 2025, with GAAP net income of $1.2 billion and record adjusted EPS of $4.97, prompting an upward revision of full-year EPS guidance to $13.70.
Key takeaways
- Adjusted net income reached $865 million, driven by robust gains on asset sales and insurance recoveries.
- Utilization rates for the fleet exceeded 99%, supported by strong customer demand and successful aircraft deliveries.
- An impressive 85% extension rate on used aircraft transactions, with widebody extensions achieving a 100% success rate.
- A $10 billion investment commitment to engine management, enhancing service offerings amid global engine shortages.
- Record sales volume of $1.5 billion and a notable gain of $332 million, indicating strong market positioning and capital deployment strategies.
Q2 2025
Jul 30, 2025
AerCap reported a record Q2 2025, achieving GAAP net income of $1.3 billion and an impressive EPS of $7.09, driven by strong asset demand and favorable legal outcomes.
Key takeaways
- Adjusted net income reached $502 million, translating to an adjusted EPS of $2.83.
- Utilization rate remained high at 99%, with a 97% extension rate on leases, demonstrating strong customer demand.
- The company signed multiple lease agreements across both wide-body and narrow-body aircraft, including significant placements with carriers in Asia and the Middle East.
- AerCap’s acquisition strategy includes $3 billion projected for new equipment by year-end, alongside over $1 billion in stock repurchases year-to-date.
- The outlook for 2025 remains positive with an increase in full-year adjusted EPS guidance amidst robust global passenger traffic growth.