AerCap Holdings NV (AER) — Capital Reinvestment Ratio
AerCap Holdings NV (AER) has a Capital Reinvestment Ratio of 0.90x as of June 2026, meaning it reinvests 1% of its operating cash flow ($1.46 Billion) in capital expenditures ($1.32 Billion). Check AER tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AerCap Holdings NV Capital Reinvestment Ratio (2004–2025)
This chart tracks AerCap Holdings NV's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of AerCap Holdings NV.
Annual Capital Reinvestment Ratio for AerCap Holdings NV (2004–2025)
Year-by-year Capital Reinvestment Ratio for AerCap Holdings NV from 2004 to 2025. See AER FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.13x | $5.39 Billion | $6.07 Billion | ▼ -7.5% |
| 2024 | 1.22x | $5.44 Billion | $6.62 Billion | ▲ +2.7% |
| 2023 | 1.18x | $5.26 Billion | $6.23 Billion | ▲ +58.2% |
| 2022 | 0.75x | $5.17 Billion | $3.87 Billion | ▲ +54.5% |
| 2021 | 0.48x | $3.69 Billion | $1.79 Billion | ▼ -12.8% |
| 2020 | 0.56x | $2.13 Billion | $1.18 Billion | ▼ -63.5% |
| 2019 | 1.52x | $3.11 Billion | $4.73 Billion | ▼ -27.3% |
| 2018 | 2.09x | $2.84 Billion | $5.95 Billion | ▲ +25.9% |
| 2017 | 1.66x | $3.14 Billion | $5.23 Billion | ▲ +46.5% |
| 2016 | 1.14x | $3.38 Billion | $3.84 Billion | ▲ +7.1% |
| 2015 | 1.06x | $3.36 Billion | $3.56 Billion | ▼ -3.7% |
| 2014 | 1.10x | $2.33 Billion | $2.56 Billion | ▼ -63.9% |
| 2013 | 3.05x | $655.13 Million | $2.00 Billion | ▲ +82.6% |
| 2012 | 1.67x | $643.31 Million | $1.07 Billion | ▲ +28.0% |
| 2011 | 1.30x | $621.56 Million | $810.24 Million | ▼ -61.6% |
| 2010 | 3.39x | $615.44 Million | $2.09 Billion | ▼ -21.1% |
| 2009 | 4.30x | $399.20 Million | $1.72 Billion | ▼ -35.2% |
| 2008 | 6.64x | $250.43 Million | $1.66 Billion | ▲ +55.0% |
| 2007 | 4.28x | $205.94 Million | $882.31 Million | ▲ +51.7% |
| 2006 | 2.82x | $348.38 Million | $983.84 Million | ▲ +207.5% |
| 2005 | 0.92x | $216.51 Million | $198.87 Million | ▼ -73.0% |
| 2004 | 3.41x | $91.93 Million | $313.21 Million | — |