Core Insights - AerCap Holdings N.V. reported strong financial results for Q1 2025, driven by robust demand for aviation assets and a favorable sales market [2][4] - The company has raised its full-year EPS guidance for 2025 and announced a $500 million share repurchase program [2][8] Financial Performance - Total revenues and other income for Q1 2025 were $2,077 million, a 3% increase from $2,018 million in Q1 2024 [4][41] - Basic lease rents increased by 4% to $1,649 million in Q1 2025 from $1,586 million in Q1 2024 [4][41] - Net gain on sale of assets rose by 11% to $177 million in Q1 2025, compared to $160 million in Q1 2024 [6][41] - Net income for Q1 2025 was $643 million, or $3.48 per share, with adjusted net income at $679 million, or $3.68 per share [8][22] Shareholder Returns - The company returned $558 million to shareholders through share repurchases in Q1 2025 [8] - A quarterly cash dividend of $0.27 per share was declared, with a payment date set for June 5, 2025 [18] Capital Structure - As of March 31, 2025, the adjusted debt/equity ratio was 2.4 to 1, reflecting a stable capital structure [8][27] - The company’s book value per share increased by approximately 11% to $97.37 from $87.47 a year earlier [8][13] Operational Highlights - AerCap's portfolio included 3,508 aircraft, engines, and helicopters as of March 31, 2025, with an average age of 7.5 years [17] - The average cost of debt for Q1 2025 was 4.1%, up from 3.9% in Q1 2024 [9][30] Market Position - AerCap is recognized as a leader in aviation leasing, serving around 300 customers globally [35]
AerCap Holdings N.V. Reports Strong Financial Results for the First Quarter 2025, Increases 2025 Guidance and Announces New $500 Million Share Repurchase Program