AerCap Holdings NV
AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in the United States, China, and internationally. The company engages in aircraft and engine asset management services, such as remarketing aircraft and engines for lease or sale; collecting rental and supplemental maintenance rent payments, monitoring aircraft maintenance, monitoring and enf… Read more
AerCap Holdings NV (AER) - Net Assets
Latest net assets as of December 2025: $18.32 Billion USD
Based on the latest financial reports, AerCap Holdings NV (AER) has net assets worth $18.32 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($71.67 Billion) and total liabilities ($53.35 Billion). 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 | $18.32 Billion |
| % of Total Assets | 25.57% |
| Annual Growth Rate | 25.67% |
| 5-Year Change | 10.07% |
| 10-Year Change | 113.5% |
| Growth Volatility | 296.63 |
AerCap Holdings NV - Net Assets Trend (2002–2025)
This chart illustrates how AerCap Holdings NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AerCap Holdings NV (2002–2025)
The table below shows the annual net assets of AerCap Holdings NV from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $18.32 Billion | +6.63% |
| 2024-12-31 | $17.18 Billion | +3.59% |
| 2023-12-31 | $16.59 Billion | +2.43% |
| 2022-12-31 | $16.20 Billion | -2.72% |
| 2021-12-31 | $16.65 Billion | +86.37% |
| 2020-12-31 | $8.93 Billion | -4.79% |
| 2019-12-31 | $9.38 Billion | +5.65% |
| 2018-12-31 | $8.88 Billion | +2.80% |
| 2017-12-31 | $8.64 Billion | +0.66% |
| 2016-12-31 | $8.58 Billion | +1.86% |
| 2015-12-31 | $8.43 Billion | +6.08% |
| 2014-12-31 | $7.94 Billion | +226.96% |
| 2013-12-31 | $2.43 Billion | +14.43% |
| 2012-12-31 | $2.12 Billion | -7.03% |
| 2011-12-31 | $2.28 Billion | +2.97% |
| 2010-12-31 | $2.22 Billion | +56.89% |
| 2009-12-31 | $1.41 Billion | +25.51% |
| 2008-12-31 | $1.13 Billion | +14.77% |
| 2007-12-31 | $981.15 Million | +25.32% |
| 2006-12-31 | $782.94 Million | +86.56% |
| 2005-12-31 | $419.66 Million | +1453.44% |
| 2004-12-31 | $27.02 Million | -79.62% |
| 2003-12-31 | $132.56 Million | +38.60% |
| 2002-12-31 | $95.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AerCap Holdings NV'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 1632058100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.32 Billion | 89.07% |
| Common Stock | $2.27 Million | 0.01% |
| Other Comprehensive Income | $-50.21 Million | -0.27% |
| Other Components | $2.05 Billion | 11.19% |
| Total Equity | $18.32 Billion | 100.00% |
AerCap Holdings NV Competitors by Market Cap
The table below lists competitors of AerCap Holdings NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Semiconductor Manufacturing International Corporation
F:MKN2
|
$21.49 Billion |
|
Williams-Sonoma Inc
NYSE:WSM
|
$21.50 Billion |
|
STERIS plc
NYSE:STE
|
$21.52 Billion |
|
MongoDB, Inc.
LSE:0KKZ
|
$21.53 Billion |
|
Volkswagen AG Non-Vtg Pfd.
WAR:VOW
|
$21.44 Billion |
|
Leidos Holdings Inc
NYSE:LDOS
|
$21.44 Billion |
|
United Therapeutics Corporation
NASDAQ:UTHR
|
$21.42 Billion |
|
Veolia Environnement S.A
PINK:VEOEF
|
$21.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AerCap Holdings NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,184,623,000 to 18,323,280,000, a change of 1,138,657,000 (6.6%).
- Net income of 3,750,616,000 contributed positively to equity growth.
- Dividend payments of 192,437,000 reduced retained earnings.
- Share repurchases of 2,538,200,000 reduced equity.
- Other comprehensive income decreased equity by 92,893,000.
- Other factors increased equity by 211,571,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.75 Billion | +20.47% |
| Dividends Paid | $192.44 Million | -1.05% |
| Share Repurchases | $2.54 Billion | -13.85% |
| Other Comprehensive Income | $-92.89 Million | -0.51% |
| Other Changes | $211.57 Million | +1.15% |
| Total Change | $- | 6.63% |
Book Value vs Market Value Analysis
This analysis compares AerCap Holdings NV'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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.06x to 1.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $129.92 | $137.42 | x |
| 2003-12-31 | $180.06 | $137.42 | x |
| 2004-12-31 | $36.70 | $137.42 | x |
| 2005-12-31 | $5.31 | $137.42 | x |
| 2006-12-31 | $9.51 | $137.42 | x |
| 2007-12-31 | $11.18 | $137.42 | x |
| 2008-12-31 | $13.04 | $137.42 | x |
| 2009-12-31 | $14.79 | $137.42 | x |
| 2010-12-31 | $19.24 | $137.42 | x |
| 2011-12-31 | $15.53 | $137.42 | x |
| 2012-12-31 | $16.14 | $137.42 | x |
| 2013-12-31 | $21.09 | $137.42 | x |
| 2014-12-31 | $44.01 | $137.42 | x |
| 2015-12-31 | $40.48 | $137.42 | x |
| 2016-12-31 | $44.94 | $137.42 | x |
| 2017-12-31 | $51.29 | $137.42 | x |
| 2018-12-31 | $59.37 | $137.42 | x |
| 2019-12-31 | $68.54 | $137.42 | x |
| 2020-12-31 | $69.39 | $137.42 | x |
| 2021-12-31 | $111.21 | $137.42 | x |
| 2022-12-31 | $67.02 | $137.42 | x |
| 2023-12-31 | $72.87 | $137.42 | x |
| 2024-12-31 | $88.36 | $137.42 | x |
| 2025-12-31 | $104.04 | $137.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AerCap Holdings NV 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): 20.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.80%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 3.91x
- Recent ROE (20.47%) is above the historical average (-17.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -290.23% | -54.46% | 0.11x | 47.07x | $-287.15 Million |
| 2003 | 27.85% | 7.84% | 0.14x | 26.23x | $23.66 Million |
| 2004 | -390.01% | -28.03% | 0.10x | 133.81x | $-108.06 Million |
| 2005 | 19.86% | 17.41% | 0.16x | 7.29x | $41.40 Million |
| 2006 | 14.51% | 13.62% | 0.20x | 5.22x | $33.89 Million |
| 2007 | 19.83% | 16.22% | 0.26x | 4.62x | $93.42 Million |
| 2008 | 13.69% | 12.20% | 0.23x | 4.88x | $40.90 Million |
| 2009 | 13.13% | 26.03% | 0.09x | 5.38x | $39.37 Million |
| 2010 | 9.39% | 21.94% | 0.10x | 4.34x | $-13.56 Million |
| 2011 | 7.56% | 16.02% | 0.12x | 4.00x | $-55.50 Million |
| 2012 | 7.71% | 16.83% | 0.11x | 4.07x | $-48.55 Million |
| 2013 | 12.06% | 27.85% | 0.11x | 3.90x | $49.87 Million |
| 2014 | 10.31% | 22.69% | 0.08x | 5.58x | $24.07 Million |
| 2015 | 14.12% | 22.29% | 0.12x | 5.26x | $343.83 Million |
| 2016 | 12.28% | 20.75% | 0.12x | 4.88x | $194.19 Million |
| 2017 | 12.54% | 21.36% | 0.12x | 4.90x | $218.18 Million |
| 2018 | 11.50% | 21.16% | 0.11x | 4.89x | $132.83 Million |
| 2019 | 12.30% | 23.20% | 0.11x | 4.70x | $214.20 Million |
| 2020 | -3.37% | -6.64% | 0.11x | 4.74x | $-1.19 Billion |
| 2021 | 6.04% | 21.80% | 0.06x | 4.50x | $-656.57 Million |
| 2022 | -4.50% | -10.35% | 0.10x | 4.33x | $-2.34 Billion |
| 2023 | 18.90% | 41.37% | 0.11x | 4.30x | $1.48 Billion |
| 2024 | 12.21% | 26.24% | 0.11x | 4.16x | $380.17 Million |
| 2025 | 20.47% | 45.80% | 0.11x | 3.91x | $1.92 Billion |
Industry Comparison
This section compares AerCap Holdings NV's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,553,153,743
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AerCap Holdings NV (AER) | $18.32 Billion | -290.23% | 2.91x | $21.49 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.80 Billion |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $101.18 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |