AERAerCap Holdings N.V.

$149.75

Is it safe?

Can AER take a bad year?

AerCap Holdings N.V. carries $43.4B of net debt at 7.39× EBITDA: a heavy load to carry through a bad year.

$43.4B

Net debt · as at Q2 2025 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
7.39×

Net debt / EBITDA · 29.4× a year ago · the load is coming down

Interest cover
1.64×

Interest cover · operating profit barely covers the interest bill

Annualised volatility
25%

Annualised volatility · about as steady as the market itself

Details
Total debtQ2 2025
$46.1B
Cash and short-term investments
$2.70B
Net debt
$43.4B
EBITDA, trailing twelve months
$5.87B
Operating profit, trailing twelve months
$3.28B
Debt / equity
2.57×
Total debt / EBITDA
7.85×
Annualised volatilitytwo years of daily moves
25%
Worst drawdown on file
−76%
Below its 52-week high
−3.5%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.