AerCap (NYSE:AER) Releases Quarterly Earnings Results, Beats Estimates By $2.00 EPS

AerCap (NYSE:AER) released its quarterly earnings results on Wednesday. The financial services provider reported $6.56 EPS for the quarter, topping the consensus estimate of $4.56 by $2.00, FiscalAI reports. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.15 billion. AerCap had a return on equity of 18.33% and a net margin of 34.47%. The firm’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $4.97 earnings per share.

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

• Record Q3 performance: Adjusted EPS reached $6.56, adjusted ROE was 22%, and management raised full-year 2026 adjusted EPS guidance to approximately $20.70, excluding additional fourth-quarter asset-sale gains.
• Strong aircraft demand and constrained supply continue to support lease rates and asset sales; AerCap’s order book is fully placed through 2027 and 80% placed through 2028, providing substantial earnings visibility.
• AerCap sold 70 assets for $1.1 billion in Q3 at a 45% unlevered gain-on-sale margin, while returning $783 million through share repurchases during the quarter and more than $2.2 billion year to date.
• The company expects 2026 asset sales to exceed $5 billion, but management said sales will likely normalize toward roughly $2.5 billion–$3 billion annually as China-related portfolio reductions slow.
• Elevated fuel prices are pressuring some airlines, particularly longer-haul low-fare operators, and could increase financial distress or reduce flying of less fuel-efficient aircraft; AerCap also expects net maintenance contribution to decline to approximately $50 million per quarter in 2027 from unusually high 2026 levels.

AerCap Stock Performance

NYSE AER traded down $1.69 on Friday, reaching $158.03. The stock had a trading volume of 512,554 shares, compared to its average volume of 1,227,747. The firm has a fifty day moving average of $145.47 and a two-hundred day moving average of $144.53. The company has a market cap of $26.37 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 0.57 and a beta of 0.98. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.28 and a quick ratio of 0.28. AerCap has a 1-year low of $129.42 and a 1-year high of $159.99.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Wednesday, November 11th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. AerCap’s dividend payout ratio (DPR) is presently 8.20%.

Key Headlines Impacting AerCap

Here are the key news stories impacting AerCap this week:

• Positive Sentiment: Strong Q3 results and raised guidance: AerCap reported third-quarter 2026 net income of $949 million and record adjusted quarterly profit of approximately $1 billion. Earnings benefited partly from aircraft sale gains, while management raised its full-year adjusted EPS outlook to $20.70 and expects more than $5 billion in asset sales. AerCap third-quarter 2026 results and guidance
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target from $183 to $200 and maintained an “overweight” rating. Truist raised its target from $180 to $185 and maintained a “buy” rating, signaling additional potential upside based on AerCap’s earnings outlook and valuation.
• Positive Sentiment: New Turkish Airlines leases: AerCap signed agreements to lease two Boeing 777-300ERSF converted freighters to Turkish Airlines, with deliveries scheduled between March and September 2027. The deals add future contracted revenue and reinforce demand for air-cargo aircraft. AerCap Turkish Airlines lease agreements
• Neutral Sentiment: Dividend maintained: AerCap declared a quarterly dividend of $0.40 per share, equal to $1.60 annually and an approximately 1% yield. The payment provides modest shareholder income but is unlikely to be the primary driver of the stock’s recent performance.
• Negative Sentiment: Quality of earnings is a consideration: A portion of the quarterly strength came from aircraft sale gains, and the planned asset sales exceed $5 billion. Investors may therefore monitor how much of the elevated earnings outlook comes from recurring leasing operations versus one-time or portfolio-related gains.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AER. Morgan Stanley set a $175.00 target price on AerCap in a report on Thursday. TD Cowen increased their price objective on AerCap from $185.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings upgraded AerCap from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. Susquehanna raised their price objective on AerCap from $170.00 to $176.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of AerCap from $183.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, AerCap has an average rating of “Moderate Buy” and a consensus price target of $181.89.

AerCap Company Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. Through its subsidiaries, AerCap owns, manages and leases commercial aircraft, engines and helicopters to airlines and other aviation customers worldwide.

The company provides operating leases, finance leases, aircraft trading and asset management services. Its fleet portfolio includes aircraft from major manufacturers such as Airbus and Boeing, as well as engines and helicopters.