AERAerCap Holdings N.V.

$146.54+20% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 55 out of 100, Average
Today's price. Only valuation depends on it.

Average. AerCap Holdings N.V. scores higher than 47% of the 1,794 companies Ryufin scores.

Carried by return on new capital and earnings quality, held back by cycle position and capital allocation.

Industrials median 61 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
36
26
55
20202022today

The biggest move was up 29 points from 2022 to today, mostly valuation.

Valuation

26% of the score, 32% here after data gaps

63median 56

AerCap Holdings N.V. is valued at 20.5x its operating profit, including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
20.5x
Full points at 8x or less, none from 60xfull points

Return on capital

Taken out: its 18% is shared by the others

n/ano data

Fewer than three years of operating profit and capital on file.

Return on new capital

16% of the score, 20% here after data gaps

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 28 cents.

-5%
12%
28%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 17% here after data gaps

40median 67

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 6.6% a year over 5 years: new shares
0
5%
-3%
6.6%
0 pointsfull points
Assets against salesAssets grew 11% a year, sales 14%
100
12%
-2%
-2.4%
0 pointsfull points

Cycle position

12% of the score, 15% here after data gaps

16median 62

Today's operating margin of 41% is 1.67x its normal 25%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1.7x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 41%

Balance sheet

8% of the score, 10% here after data gaps

1median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA7.4x a year of EBITDA
0
4.5x
0.5x
7.4x
0 pointsfull points
Interest coverOperating profit covers interest 2x
1
1.5x
12x
1.6x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

86median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.79x profit over 3 years
100
0.7x
1x
1.3x
1.8x
0 pointsfull points
AccrualsCash ran ahead of profit by 2.3% of assets
72
8%
0%
-8%
-2.3%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For AER, return on capital could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2025-06-30, latest annual report FY2025.