AerCap reports Q1 adjusted EPS $5.39, consensus $3.71

Reports Book value per share of $116.67 as of March 31, an increase of approximately 20% from March 31, 2025. “We are pleased to report another record quarter for AerCap (AER), delivering GAAP net income of $818 million and adjusted net income of $889M, or $5.39 per share. Despite recent geopolitical developments, demand for aviation assets remains robust, supported by sustained consumer demand for air travel and ongoing supply constraints. During the quarter, we closed 286 transactions and achieved an 87% lease extension rate. Reflecting this strong performance, we have increased our 2026 adjusted EPS guidance to $14.50 and announced a new $1.0 billion share repurchase program,” said Aengus Kelly, CEO of AerCap.