AerCap Reports Record Full Year 2025 Net Profit of $3.8 Billion or $21.30 per Share

AerCap has reported a fourth quarter 2025 net profit of $633 million or $3.79 per share.  For the full year, the company reported a record net profit of $3.8 billion or $21.30 per share.

AerCap Reports Fourth Quarter and Full-Year 2025 Financial Results - Courtesy AerCap

On Friday (February 6, 2026), AerCap Holdings N.V. reported their fourth quarter and full year 2025 results for the period ending December 31, 2025.  The company reported a fourth quarter net profit of $633 million or $3.79 per share on a year-over-year increase in revenue of 8.0 percent to $2.24 billion.  For the full year, the company reported a record net profit of $3.8 billion or $21.30 per share on a year-over-year increase in revenue of 7.0 percent to $8.52 billion.  AerCap reported an adjusted fourth quarter net profit of $660 million, or $3.95 per share, and an adjusted full year 2025 adjusted net profit of $2.7 billion, or $15.37 per share.

In Friday’s announcement, AerCap’s CEO, Aengus Kelly, said,

“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.  During the year we sold $3.9 billion of assets for record gains on sale of $819 million.  We reinvested in our core business by purchasing $5.4 billion of assets and added 103 aircraft firm orders and options to our order book, while returning $2.6 billion of capital to our shareholders.

“Given our strong results in 2025 and our positive outlook for the future, we announced a new $1 billion share repurchase program in December and today we are announcing an increase in our quarterly dividend to $0.40 per share.  As we have always done, in 2026 we will continue to look for opportunities to deploy capital attractively and create long-term value for our shareholders.”

During 2025, AerCap received insurance and other recoveries of $1.5 billion related to the Ukraine Conflict, taking total recoveries since 2023 to approximately $3 billion.  The company also added 103 aircraft (including options) to order book in 2025.  AerCap returned $2.6 billion to shareholders during 2025 through the repurchase of 22.1 million shares at an average price of $109.92 per share and the payment of dividends.  As of December 31, 2025, the company’s book value per share was $112.59, up 19 percent compared to year-end 2024.

AerCap’s basic lease rents were $1,688 million for the fourth quarter of 2025, compared with $1,619 million for the same period in 2024.  Maintenance rents and other receipts were $225 million for the fourth quarter of 2025, compared with $106 million for the same period in 2024. The company’s net gain on sale of assets for the fourth quarter of 2025 was $253 million, relating to 55 assets sold for $1.3 billion, compared with $260 million for the same period in 2024, relating to 40 assets sold for $869 million.

As of December 31, 2025, AerCap’s portfolio included 3,500 aircraft, engines and helicopters that were owned, managed or on order.  The average age of the company’s owned passenger aircraft fleet as of December 31, 2025 was 7.3 years (5.4 years for new technology aircraft, 15.2 years for current technology aircraft) and the average remaining contracted lease term was 7.1 years.

AerCap Holdings N.V. (NYSE: AER) is the global leader in aircraft leasing and maintains one of the most attractive order books in the industry. The company serves around 300 customers in 80 countries with comprehensive fleet solutions. AerCap is headquartered in Dublin and maintains offices in Shannon, Miami, Memphis, Singapore, Amsterdam, Shanghai, Dubai, Seattle, Toulouse, and other locations around the world.

Source: AerCap/PRNewswire