AerSale Corp
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, government and defense contractors, and maintenance, repair, and overhaul service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions se… Read more
AerSale Corp (ASLE) - Net Assets
Latest net assets as of December 2025: $424.43 Million USD
Based on the latest financial reports, AerSale Corp (ASLE) has net assets worth $424.43 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($640.47 Million) and total liabilities ($216.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $424.43 Million |
| % of Total Assets | 66.27% |
| Annual Growth Rate | 7.97% |
| 5-Year Change | 3.8% |
| 10-Year Change | N/A |
| Growth Volatility | 396020.59 |
AerSale Corp - Net Assets Trend (2017–2025)
This chart illustrates how AerSale Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AerSale Corp (2017–2025)
The table below shows the annual net assets of AerSale Corp from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $424.43 Million | -6.85% |
| 2024-12-31 | $455.62 Million | +2.38% |
| 2023-12-31 | $445.01 Million | +0.01% |
| 2022-12-31 | $444.98 Million | +8.83% |
| 2021-12-31 | $408.88 Million | +16.34% |
| 2020-12-31 | $351.45 Million | +19.55% |
| 2019-12-31 | $293.99 Million | +1197445.17% |
| 2018-12-31 | $24.55K | -99.99% |
| 2017-12-31 | $229.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AerSale Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 474.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $147.70 Million | 34.80% |
| Common Stock | $5.00K | 0.00% |
| Other Components | $276.73 Million | 65.20% |
| Total Equity | $424.43 Million | 100.00% |
AerSale Corp Competitors by Market Cap
The table below lists competitors of AerSale Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innate Pharma
PINK:IPHYF
|
$174.96 Million |
|
JS Global Lifestyle Company Limited
PINK:JGLCF
|
$174.98 Million |
|
Central Hydropower JSC
VN:CHP
|
$174.98 Million |
|
Gulf Oil Lubricants India Limited
NSE:GULFOILLUB
|
$174.99 Million |
|
TYC Brother Industrial Co Ltd
TW:1522
|
$174.92 Million |
|
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd.
SHE:001210
|
$174.91 Million |
|
Equasens S. A.
PA:EQS
|
$174.86 Million |
|
SD Biosensor Inc
KO:137310
|
$174.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AerSale Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 455,620,000 to 424,431,000, a change of -31,189,000 (-6.8%).
- Net income of 8,575,000 contributed positively to equity growth.
- Share repurchases of 45,000,000 reduced equity.
- Other factors increased equity by 5,236,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.57 Million | +2.02% |
| Share Repurchases | $45.00 Million | -10.6% |
| Other Changes | $5.24 Million | +1.23% |
| Total Change | $- | -6.85% |
Book Value vs Market Value Analysis
This analysis compares AerSale Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.18x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $5.38 | $6.33 | x |
| 2018-12-31 | $0.00 | $6.33 | x |
| 2019-12-31 | $6.76 | $6.33 | x |
| 2020-12-31 | $9.01 | $6.33 | x |
| 2021-12-31 | $8.64 | $6.33 | x |
| 2022-12-31 | $8.37 | $6.33 | x |
| 2023-12-31 | $8.65 | $6.33 | x |
| 2024-12-31 | $8.54 | $6.33 | x |
| 2025-12-31 | $8.89 | $6.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AerSale Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.56%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.51x
- Recent ROE (2.02%) is below the historical average (4008.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -11.87% | -18.27% | 0.49x | 1.32x | $-58.81 Million |
| 2018 | 36063.43% | 3.05% | 696.36x | 17.01x | $8.85 Million |
| 2019 | 5.27% | 5.09% | 0.88x | 1.17x | $-13.90 Million |
| 2020 | 2.30% | 3.87% | 0.54x | 1.11x | $-27.05 Million |
| 2021 | 8.83% | 10.61% | 0.70x | 1.19x | $-4.77 Million |
| 2022 | 9.86% | 10.74% | 0.77x | 1.19x | $-637.00K |
| 2023 | -1.25% | -1.66% | 0.60x | 1.24x | $-50.06 Million |
| 2024 | 1.28% | 1.70% | 0.57x | 1.33x | $-39.71 Million |
| 2025 | 2.02% | 2.56% | 0.52x | 1.51x | $-33.87 Million |
Industry Comparison
This section compares AerSale Corp's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $16,215,168,856
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AerSale Corp (ASLE) | $424.43 Million | -11.87% | 0.51x | $174.95 Million |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |