Aercap Holdings N.V.

Strong Financial Performance: AerCap reported a GAAP net income of $2.1 billion for 2024, reflecting an earnings per share (EPS) of $10.79. Adjusted net income reached $2.3 billion, with an adjusted EPS of $12.01, setting a new record for the company. Operating cash flow for the year was substantial at $5.4 billion, excluding sale gains, indicating robust operational efficiency.

Positive Outlook for 2025: The company anticipates continued growth in 2025, forecasting an adjusted EPS range of $8.50 to $9.50, excluding gains on asset sales. This outlook is supported by strong contracted future lease cash flows of $45 billion, with over 40% expected within the next three years, enhancing financial visibility and capital allocation.

Share Repurchase Program: AerCap announced a $1 billion share buyback program, which is the largest single authorization to date. The total buybacks over the past two years amount to $5 billion, highlighting a strong commitment to returning capital to shareholders while maintaining robust financial flexibility and a leverage ratio of 2.35 to 1, below the targeted level of 2.7 to 1.