AerCap Holdings NV ( (AER) ) has released its Q4 earnings. Here is a breakdown of the information AerCap Holdings NV presented to its investors.
AerCap Holdings N.V. is a global leader in aviation leasing, providing comprehensive fleet solutions to approximately 300 customers worldwide. Based in Dublin, the company is listed on the New York Stock Exchange and operates across various international locations.
AerCap Holdings N.V. has reported strong financial results for the fourth quarter and full year of 2024, with significant net income and earnings per share. The company also announced a new $1 billion share repurchase program and an increase in its quarterly dividend.
Key financial highlights include a net income of $671 million for the fourth quarter and $2.1 billion for the full year. Adjusted net income was $624 million for the quarter and $2.3 billion for the year. The company achieved a return on equity of 16% for the quarter and generated $1.3 billion in operating cash flow. Additionally, AerCap ordered over $2 billion in new engines and returned $1.6 billion to shareholders through share repurchases and dividends.
AerCap’s strategic initiatives include a new $1 billion share repurchase program and an increased quarterly dividend to $0.27 per share. The company also reported a strong gain on asset sales and an improved book value per share.
Looking ahead, AerCap’s management remains optimistic about the company’s growth prospects, supported by high demand for leased aircraft and a robust operating environment. The company is well-positioned to continue delivering value to its shareholders.