Financial Performance - AerCap reported record 3Q 2025 GAAP EPS of $6.98 and adjusted EPS of $4.97[10] - Net income for 3Q 2025 was $1.216 billion, or $6.98 per share[19] - Adjusted net income for 3Q 2025 was $865 million, or $4.97 per share[19] - Operating cash flow for 3Q 2025 reached $1.5 billion[23] - Full-year 2025 adjusted EPS guidance was raised to approximately $13.70, excluding additional gains on sale[10, 24] Capital Allocation and Asset Management - $1.5 billion in asset sales were completed in 3Q 2025, with a 28% gain-on-sale margin and a 2.0x book equity multiple[10] - $1 billion was returned to shareholders through share repurchases in 3Q 2025, with an additional $750 million authorized[10] - AerCap leased, purchased, and sold a total of 146 assets in 3Q 2025[11] - 8.2 million shares were repurchased in 3Q 2025 for a total of $1 billion[23] Balance Sheet and Liquidity - The adjusted leverage ratio was 2.1x[23] - Secured debt-to-total assets ratio was approximately 10%[23] - The average cost of debt was 4.0% in 3Q 2025[23] - Next 12 months' sources-to-uses coverage is 2.1x, with approximately $22 billion in sources of liquidity[20] Portfolio and Order Book - New technology assets comprise 76% of the total fleet[35] - AerCap signed an agreement with Airbus for an order of 52 A320neo Family aircraft and 45 options[10, 36] - Net recoveries related to the Ukraine Conflict were $475 million[10, 31]