AerSale Corp (ASLE) - Net Assets
Based on the latest financial reports, AerSale Corp (ASLE) has net assets worth $418.67 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($687.06 Million) and total liabilities ($268.39 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. Check strategic asset allocation of AerSale Corp to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $418.67 Million |
| % of Total Assets | 60.94% |
| 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. For live market cap and overall valuation, see AerSale Corp (ASLE) market capitalisation.
Annual Net Assets for AerSale Corp (2017–2025)
The table below shows the annual net assets of AerSale Corp from 2017 to 2025. Also explore how fast is AerSale Corp growing its equity to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
|
$276.85 Million |
|
A-LIVING SM.CI.SV. H YC 1
F:1V0
|
$276.96 Million |
|
Yongyue Science & Tech Co Ltd
SHG:603879
|
$277.11 Million |
|
Dharma Polimetal Tbk PT
JK:DRMA
|
$277.12 Million |
|
Aluflexpack AG
SW:AFP
|
$276.80 Million |
|
Hsin Tai Gas Co Ltd
TWO:8917
|
$276.72 Million |
|
Zhejiang Prulde Electric Appliance Co. Ltd. A
SHE:301353
|
$276.71 Million |
|
Shandong Huapeng Glass Co Ltd
SHG:603021
|
$276.70 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: 0.65x
- 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 1.08x to 0.65x 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 | $5.80 | x |
| 2018-12-31 | $0.00 | $5.80 | x |
| 2019-12-31 | $6.76 | $5.80 | x |
| 2020-12-31 | $9.01 | $5.80 | x |
| 2021-12-31 | $8.64 | $5.80 | x |
| 2022-12-31 | $8.37 | $5.80 | x |
| 2023-12-31 | $8.65 | $5.80 | x |
| 2024-12-31 | $8.54 | $5.80 | x |
| 2025-12-31 | $8.89 | $5.80 | 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: $6,349,417,547
- Average return on equity (ROE) among peers: -71.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AerSale Corp (ASLE) | $418.67 Million | -11.87% | 0.64x | $276.82 Million |
| Grupo Aeroportuario del Sureste SAB de CV ADR (ASR) | $46.41 Billion | 22.60% | 0.90x | $8.73 Billion |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $386.42 Million |
| Blade Air Mobility Inc (BLDEW) | $234.30 Million | -23.93% | 0.26x | $1.66K |
| Corporacion America Airports (CAAP) | $834.10 Million | 12.65% | 2.92x | $3.98 Billion |
| Joby Aviation (JOBY) | $-283.17 Million | 0.00% | 0.00x | $6.63 Billion |
| Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) | $8.55 Billion | 45.60% | 1.70x | $4.19 Billion |
| Grupo Aeroportuario del Pacifico SAB De CV ADR (PAC) | $1.09 Billion | 25.44% | 1.01x | $11.25 Billion |
| Volato Group Inc. (SOAR) | $14.75 Million | -358.09% | 3.86x | $1.08 Million |
| Volato Group Inc. (SOAR) | $14.75 Million | -358.09% | 3.86x | $5.64 Million |
About 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