-0.44%
-0.13%
1.61%
2.58%
22.54%
51.43%
63.02%
AI Spotlight on AER
Company Description
AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally.The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.Its aircraft asset management services also include periodically inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructuring negotiations in connection with lease defaults; repossessing aircraft and engines; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and engine valuations; and providing market research services.
The company also provides cash management services, including treasury services, such as the financing, refinancing, hedging, and ongoing cash management of vehicles; and administrative services comprising accounting and corporate secretarial services consisting of the preparation of budgets and financial statements.In addition, it offers airframe and engine parts and supply chain solutions to airlines; maintenance, repair, and overhaul service providers; and aircraft parts distributors.As of December 31, 2021, the company had a portfolio of 2,369 owned, managed, or on order aircraft.
AerCap Holdings N.V. was founded in 1995 and is headquartered in Dublin, Ireland.
Market Data
| Last Price | 95.4 |
| Change Percentage | -0.44% |
| Open | 96.5 |
| Previous Close | 95.82 |
| Market Cap ( Millions) | 19318 |
| Volume | 749621 |
| Year High | 100.81 |
| Year Low | 75.83 |
| M A 50 | 95.98 |
| M A 200 | 93.46 |
Financial Ratios
| FCF Yield | -5.20% |
| Dividend Yield | 0.79% |
| ROE | 15.05% |
| Debt / Equity | 289.04% |
| Net Debt / EBIDTA | 775.56% |
| Price To Book | 1.07 |
| Price Earnings Ratio | 7.06 |
| Price To FCF | -19.23 |
| Price To sales | 2.58 |
| EV / EBITDA | 11.11 |
News
- Jan -13 - AerCap CEO warns tariffs could hinder Boeing cash recovery
- Jan -08 - AerCap Holdings N.V. To Release Fourth Quarter 2024 Financial Results on February 26, 2025
- Jan -07 - AerCap Holdings: A Financial Company That Flies
- Jan -06 - AerCap Holdings N.V. Announces Pricing of $1.5 Billion Aggregate Principal Amount of Senior Notes
- Jan -06 - AerCap Leased, Purchased and Sold 812 Assets in the Full Year 2024, including 150 Assets Purchased and Signed Financing Transactions for Approximately $17.5 Billion in the Full Year 2024
- Dec -27 - AerCap Signs Sale and Leaseback Agreement for One New Boeing 787-9 Aircraft with New Customer TAAG Angola Airlines
- Dec -17 - D.A. Davidson Acts as Exclusive Financial Advisor to Verisk on its Sale of AER to JANUS Research Group
- Dec -15 - The Smartest Dividend Stocks to Buy With $300 Right Now
- Dec -12 - AerCap Signs Lease Agreements for Two Boeing 737 Aircraft with Aloula Aviation
- Oct -31 - AerCap Stock Still Scores A Strong Buy Rating
- Oct -30 - AerCap Holdings N.V. Announces Filing of Interim Financial Report for the Third Quarter of 2024
- Oct -30 - AerCap Holdings N.V. (AER) Q3 2024 Earnings Call Transcript
- Oct -30 - AerCap (AER) Q3 Earnings Match Estimates
- Oct -30 - AerCap Holdings N.V. Reports Financial Results for the Third Quarter 2024
- Oct -07 - AerCap Holdings N.V. to Release Third Quarter 2024 Financial Results on October 30, 2024
- Oct -07 - AerCap Leased, Purchased and Sold 226 Assets in the Third Quarter 2024 and Signed Financing Transactions for Approximately $10.5 Billion
- Oct -03 - AerCap Holdings N.V. Announces Closing of $500 Million Inaugural Sukuk Issuance
- Oct -02 - AerCap Signs Lease Agreements with New Customer Azerbaijan Airlines for Six New Airbus A320NEO Family Aircraft
- Oct -01 - Best Value Stocks to Buy for October 1st
- Sep -25 - EXCLUSIVE: Alphabet, AerCap, First Citizens: Asset Manager's Trio Of Post-Earnings Bets
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Basic Lease Rents
Expected Growth : 2.0 %
What the company do ?
Basic Lease Rents from AerCap Holdings N.V. refer to the minimum payments received from lessees for the use of aircraft, providing a stable revenue stream.
Why we expect these perspectives ?
AerCap's 2.0% growth in Basic Lease Rents is driven by increasing demand for air travel, fleet expansion by airlines, and a rise in lease extensions. Additionally, AerCap's diversified portfolio, strong customer relationships, and strategic acquisitions contribute to the growth. Furthermore, the company's ability to maintain a high utilization rate and negotiate favorable lease terms also supports the growth in Basic Lease Rents.
Segment nΒ°2 -> Maintenance Rents and Other Receipts
Expected Growth : 2.0 %
What the company do ?
Maintenance Rents and Other Receipts from AerCap Holdings N.V. refers to income generated from leasing aircraft and other equipment, as well as miscellaneous receipts.
Why we expect these perspectives ?
AerCap's 2.0% growth in Maintenance Rents and Other Receipts is driven by increasing aircraft leasing demand, expansion of existing contracts, and rising maintenance revenue from a growing fleet. Additionally, the company's diversified customer base and strategic partnerships contribute to the growth, as well as the ongoing trend of airlines outsourcing maintenance and leasing activities.
Aercap Holdings N.V. Products
| Product Range | What is it ? |
|---|---|
| Aircraft Leasing | AerCap provides aircraft leasing services to airlines, offering a range of aircraft types and lease terms to meet their fleet requirements. |
| Aircraft Trading | AerCap buys and sells aircraft, providing airlines and investors with opportunities to acquire or divest aircraft assets. |
| Aircraft Management | AerCap offers aircraft management services, including technical management, financial management, and administrative support. |
| Engine Leasing | AerCap provides engine leasing services, offering a range of engine types and lease terms to meet airline and MRO requirements. |
| Aircraft Financing | AerCap provides financing solutions for aircraft acquisitions, including debt and equity financing options. |
AerCap Holdings N.V.'s Porter Forces
Threat Of Substitutes
AerCap Holdings N.V. operates in the aircraft leasing industry, where substitutes are limited. However, the company faces some threat from alternative financing options, such as debt financing, which could reduce the demand for leasing services.
Bargaining Power Of Customers
AerCap Holdings N.V. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong market position and long-term contracts further limit the bargaining power of customers.
Bargaining Power Of Suppliers
AerCap Holdings N.V. relies on a limited number of aircraft manufacturers, which gives them some bargaining power. However, the company's large order book and long-term contracts help to mitigate this risk.
Threat Of New Entrants
The aircraft leasing industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This limits the threat of new entrants and allows AerCap Holdings N.V. to maintain its market position.
Intensity Of Rivalry
The aircraft leasing industry is highly competitive, with several large players competing for market share. AerCap Holdings N.V. faces intense competition from companies such as GECAS and Avolon, which could impact its market share and pricing power.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 73.35% |
| Debt Cost | 4.70% |
| Equity Weight | 26.65% |
| Equity Cost | 13.14% |
| WACC | 6.95% |
| Leverage | 275.22% |
AerCap Holdings N.V. : Quality Control
AerCap Holdings N.V. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DG.PA | VINCI SA, together with its subsidiaries, operates in the concessions, energy, and construction segments primarily in France. It Concessions segment operates motorway concessions with a network of 4,419 kilometers in β¦ |
| SGO.PA | Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Β Middle East (ME) β¦ |
| VOLV-B.ST | AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The β¦ |
| AHT.L | Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power β¦ |
| BA.L | BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic β¦ |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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