AerCap Holdings N.V. Achieves Record Financial Milestones for 2025

On February 6, 2026, AerCap Holdings N.V. (NYSE: AER), a prominent player in the aviation leasing industry, unveiled its financial results for the fourth quarter and the entire year of 2025. The company’s performance highlights its strong position in the market and reflects a successful strategy that has delivered impressive results across all business segments.

In the fourth quarter of 2025, AerCap reported net income of $633 million, equating to $3.79 per share. The overall financial success for 2025 culminated in an impressive net income of $3.8 billion, or $21.30 per share. These indicators not only reveal significant growth from the previous year but also underline AerCap's consistent operational excellence.

CEO Aengus Kelly expressed satisfaction with the company's performance, stating, “We are pleased to announce another strong quarter for AerCap, completing a year of record net income and earnings per share. These results reflect a robust performance across all our business lines.” He emphasized that during 2025, the company realized record gains on asset sales amounting to $819 million from $3.9 billion in total asset dispositions. This success is coupled with a significant reinvestment into the business, with AerCap acquiring $5.4 billion in new assets, including firm orders for 103 aircraft.

The announcement also included a notable return of capital to shareholders, amounting to $2.6 billion through share buybacks and dividends. In light of the overwhelming results, the board of directors raised the quarterly dividend to $0.40 per share—a clear sign of confidence in the company’s ongoing financial health and future prospects.

AerCap recorded an aggregate GAAP return on equity of 21% for the full year, with an adjusted return on equity of 15%. Footing the operational aspect, the company reported a cash flow from operations totaling $5.4 billion for the year, further establishing its solid financial footing. Noteworthy sales in the final quarter fetched $1.3 billion, resulting in a gain margin of approximately 24%.

The challenges posed by the geopolitical landscape, particularly the Ukraine conflict, have also been addressed. The company recognized $1.5 billion in recoveries associated with this situation, substantially boosting its resilience amidst uncertainties. Since 2023, total recoveries linked to the conflict have reached approximately $3 billion.

Looking ahead, AerCap remains optimistic about future growth. The company announced guidance for adjusted earnings per share of $12.00 to $13.00 for 2026, factoring in opportunities arising from the evolving aviation leasing market.

As of December 31, 2025, the book value per share stood at $112.59, a 19% increase compared to the previous year's $94.57. This growth trajectory reinforces AerCap's strong market position and potential for continued profitability.

In summary, AerCap Holdings N.V. closed 2025 with remarkable financial achievements and a robust outlook. The company’s strategic investments, adept management, and proactive capital returns have positioned it for further success and cemented its role as a leader in the aviation leasing arena. Stakeholders can look forward to seeing how AerCap navigates the challenges and opportunities that lie ahead in 2026 and beyond.