AerCap Holdings N.V. Ordinary Shares (AER)

FairStock Score: 58/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At $145.68 on 2026-10-13, AerCap trades at 7.16 times earnings and 1.22 times book, according to FairStock calculations. That is undemanding for a business with an 18.66% ROE, though ROCE of 4.41% reminds me that asset-heavy leasing is not a high-return-on-capital compounding machine. The balance sheet is the crux: debt-to-equity of 2.33 and an Altman Z-Score of 0.74 signal financial fragility. The latest reported quarter, fiscal Q2 2026, produced $2.2B revenue and $725.7M net income, a 33.49% net margin, impressive, but trailing free cash flow is negative $307.3M, or a -1.4% FCF yield, so reported earnings are not translating into owner cash at present. The Graham Number is $231.57, implying a 37.09% margin of safety at the current price, and a Piotroski F-Score of 5/9 is middling. FairStock's composite score is 58/100, which fits a mixed picture. Growth trajectory is hard to judge from the supplied figures because they point in different directions; I would want to reconcile the latest quarterly earnings with the longer-term growth data in the filings. I cannot confirm a wide moat from these numbers; the low ROCE and high leverage suggest a business that depends on scale, financing access, and disciplined asset management. I see a statistically cheap asset-lease franchise, but the debt load and negative free cash flow keep me from calling it a safe bargain. Margin of safety exists on paper; the balance sheet must prove it in cash.

In plain English: AerCap leases and manages commercial airplanes. The business is profitable and earns a high return on shareholders' money, but it carries a lot of debt and recent cash flow was negative. Compared with its profits and accounting value, the shares look on the cheaper side, though the debt and cash flow mean it is not a low-risk bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer