Aercap (NYSE:AER) Announces Quarterly Earnings Results

Aercap (NYSE:AER) announced its quarterly earnings data on Wednesday. The financial services provider reported $5.39 EPS for the quarter, beating the consensus estimate of $3.59 by $1.80, Zacks reports. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.04 billion. Aercap had a return on equity of 15.11% and a net margin of 44.04%.Aercap’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.68 EPS. Aercap updated its FY 2026 guidance to 14.500-14.50 EPS.

Here are the key takeaways from Aercap’s conference call:

• AerCap reported a record quarter with GAAP net income of $818M and adjusted net income of $889M (≈19% adjusted ROE), raised full‑year adjusted EPS guidance to $14.50, repurchased $745M of stock and authorized a new $1B buyback.
• Transaction activity and asset sales stayed robust — an 87% lease extension rate, 286 transactions closed (202 new leases), sale of 41 owned assets generating $1.5B and an unlevered gain margin of 24% (1.9x book).
• Management cautioned that if jet fuel remains elevated for 3–6+ months it would pressure airline profitability, could accelerate retirements of older tech aircraft and prompt airline requests for concessions, which could hurt future lease rates and gains on sale.
• Strong liquidity and strategic positioning — below‑target leverage of 2.1x, ~$21B liquidity with >$3B excess capital, added 110 A320neo to backlog and a 100‑aircraft order (deliveries from 2028), enabling growth, sale‑leasebacks and opportunistic deployments.

Aercap Stock Up 0.7%

Shares of AER traded up $0.92 during midday trading on Wednesday, reaching $138.05. 1,919,527 shares of the stock were exchanged, compared to its average volume of 1,314,201. Aercap has a 52 week low of $103.53 and a 52 week high of $154.94. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 2.38. The company’s 50 day moving average is $141.66 and its two-hundred day moving average is $139.28. The company has a market capitalization of $23.04 billion, a P/E ratio of 6.47, a PEG ratio of 1.22 and a beta of 0.99.

Aercap Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. Aercap’s dividend payout ratio is currently 7.50%.

Key Stories Impacting Aercap

Here are the key news stories impacting Aercap this week:

• Positive Sentiment: Reported record Q1 results with adjusted EPS of $5.39 (well above the $3.59 consensus) and revenue of $2.30B; management highlighted strong margins and profitability that drove adjusted net income of $889M. AerCap Holdings N.V. Reports Record Financial Results for the First Quarter 2026, Raises 2026 Guidance and Announces New $1.0 Billion Share Repurchase Program
• Positive Sentiment: Announced a new $1.0 billion share repurchase program, which supports shareholder returns and can be accretive to EPS over time. AerCap Holdings N.V. Reports Record Financial Results for the First Quarter 2026, Raises 2026 Guidance and Announces New $1.0 Billion Share Repurchase Program
• Positive Sentiment: Management said prolonged high oil prices (3–6 months) could create opportunities for lessors — higher fuel costs can prompt airlines to retire/ground older aircraft and increase leasing demand, a potential tailwind for AerCap. Aircraft lessor AerCap says prolonged high oil prices could bring opportunities
• Neutral Sentiment: Filed its interim (unaudited) condensed consolidated financial statements for Q1 with the SEC — a standard disclosure that provides transparency but is not likely to move the stock by itself. AerCap Holdings N.V. Announces Filing of Interim Financial Report for the First Quarter of 2026
• Neutral Sentiment: Earnings presentation and call materials were posted (slide deck/transcript), useful for investors digging into unit economics, lease portfolio trends and fleet-level metrics. AerCap Holdings N.V. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Several analyst write-ups and metric reviews (Zacks) highlight the beat and note key operating metrics to watch; useful context but largely reiterative of results. AerCap (AER) Q1 Earnings and Revenues Surpass Estimates
• Negative Sentiment: FY‑2026 EPS guidance was published at 14.50, below the current analyst consensus (~15.40), which likely pressured the share price despite the quarter’s beat — investors often focus on forward guidance versus expectations. AerCap Holdings N.V. Reports Record Financial Results for the First Quarter 2026, Raises 2026 Guidance and Announces New $1.0 Billion Share Repurchase Program
• Neutral Sentiment: Context pieces comparing AER with peers (e.g., HRI) and value screens may shift some investors between names but don’t change AerCap’s company-specific fundamentals. AER or HRI: Which Is the Better Value Stock Right Now?

Hedge Funds Weigh In On Aercap

A number of hedge funds and other institutional investors have recently made changes to their positions in AER. Integrated Wealth Concepts LLC grew its position in shares of Aercap by 19.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock worth $271,000 after buying an additional 423 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Aercap by 282.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider’s stock worth $680,000 after acquiring an additional 4,919 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Invesco Ltd. boosted its holdings in Aercap by 43.3% in the second quarter. Invesco Ltd. now owns 459,459 shares of the financial services provider’s stock worth $53,757,000 after acquiring an additional 138,843 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Aercap by 59.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,143 shares of the financial services provider’s stock worth $134,000 after buying an additional 425 shares during the period. Institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Zacks Research downgraded Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research report on Monday, April 20th. Barclays upped their price objective on Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley upped their price objective on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $153.38.

Aercap Company Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.