← AerCap Holdings N.V.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | ($721.2m) | $3.1b | $2.1b | $3.8b | |
| Net Income (Loss) Attributable to Parent | $1.0b | $1.1b | $1.0b | $1.1b | ($298.6m) | $1.0b | ($726.0m) | $3.1b | $2.1b | $3.8b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.0b | $1.1b | $1.0b | $1.2b | ($294.9m) | $1.0b | ($721.2m) | $3.1b | $2.1b | $3.8b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($7.1m) | $4.2m | $1.9m | $21.1m | $3.6m | $8.9m | $4.9m | $11.8m | ($7k) | $2k | |
| Depreciation and amortization | $1.8b | $1.7b | $1.7b | $1.7b | $1.6b | $1.7b | $2.4b | $2.5b | $2.6b | $2.6b | |
| Amortization of Debt Issuance Costs and Discounts | $55.8m | $65.4m | $64.2m | $69.5m | $57.2m | $65.8m | $82.4m | $75.0m | $63.0m | $60.0m | |
| Amortization of Intangible Assets | $19.8m | $13.6m | $12.3m | — | — | — | — | — | — | — | |
| Depreciation | $1.8b | $1.7b | $1.7b | $1.7b | $1.6b | $1.7b | $2.4b | $2.4b | $2.6b | $2.6b | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $2.4b | $2.5b | $2.6b | $2.6b | |
| Deferred Income Tax Expense (Benefit) | $161.3m | $179.5m | $160.1m | $180.4m | ($25.9m) | ($17.3m) | $22.5m | $329.2m | $265.4m | $509.9m | |
| Deferred Other Tax Expense (Benefit) | — | ($22.5m) | ($12.6m) | ($17.9m) | $5.0m | $11.4m | ($32.1m) | ($49.1m) | ($14.9m) | ($8.4m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($9.6m) | $280.1m | $250.5m | $501.5m | |
| Deferred Tax | — | — | — | — | — | — | ($9.6m) | $280.1m | $250.5m | $501.5m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | $69.2m | $96.1m | $102.8m | $97.1m | $111.1m | $166.2m | |
| Share-based Payment Arrangement, Expense | $102.8m | $107.7m | $95.2m | $69.4m | $69.2m | $96.1m | $102.8m | $97.1m | $111.1m | $166.2m | |
| Goodwill, Impairment Loss | — | — | — | — | $58.1m | $0 | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $486.4m | $415.1m | $392.7m | $258.9m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $138.5m | $229.1m | $201.3m | $188.8m | $89.6m | $89.4m | $228.9m | $489.6m | $651.1m | $819.5m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($118.5m) | ($9.7m) | $2.0m | ($4.1m) | ($13.4m) | ($4.9m) | |
| Income (Loss) from Equity Method Investments | $12.6m | $9.2m | $10.6m | ($6.2m) | $2.5m | $24.1m | $117.2m | $166.7m | $159.0m | $213.8m | |
| Income Tax Expense (Benefit) | $173.5m | $164.7m | $144.1m | $167.7m | ($17.2m) | $162.5m | ($164.1m) | $291.1m | $323.7m | $555.2m | |
| Operating Lease, Expense | — | — | $446.5m | $287.9m | $323.5m | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $4.7b | $4.3b | $4.4b | $6.5b | $6.9b | $7.0b | $7.4b | |
| Additional Financial Items | |||||||||||
| Accretion Expense | ($336.0m) | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | — | $2.3m | $5.2m | $13.3m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | ($143.5m) | $2.3m | ($17.7m) | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | ($17.7m) | $2.3m | $5.2m | $13.3m | |
| Operating Expenses | $4.0b | $3.8b | $3.6b | $3.6b | $4.7b | $4.1b | $8.0b | $4.3b | $5.7b | $4.4b | |
| Provision for Loan, Lease, and Other Losses | $0 | — | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | $177.1m | ($72.8m) | |
| Beginning Cash Position | — | — | — | — | — | — | $1.9b | $1.8b | $1.8b | $1.4b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($3.2b) | ($2.0b) | ($2.1b) | ($3.7b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($2.2b) | ($3.2b) | ($3.7b) | ($1.7b) | |
| Change In Other Current Assets | — | — | — | — | — | — | $113.4m | ($128.5m) | $241.1m | $340.2m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($542.0m) | $220.8m | $1.5m | ($16.0m) | |
| Change In Receivables | — | — | — | — | — | — | $39.2m | $56.4m | $5.9m | $19.5m | |
| Change In Working Capital | — | — | — | — | — | — | ($389.5m) | $148.7m | $248.5m | $343.7m | |
| Changes In Account Receivables | — | — | — | — | — | — | $39.2m | $56.4m | $5.9m | $19.5m | |
| Changes In Cash | — | — | — | — | — | — | ($150.4m) | $66.7m | ($420.1m) | $75.5m | |
| End Cash Position | — | — | — | — | — | — | $1.8b | $1.8b | $1.4b | $1.5b | |
| Financing Cash Flow | — | — | — | — | — | — | ($3.2b) | ($2.0b) | ($2.1b) | ($3.7b) | |
| Free Cash Flow | — | — | — | — | — | — | $1.3b | ($971.0m) | ($1.2b) | ($681.2m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $17.7m | ($2.3m) | ($5.2m) | ($13.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($2.2b) | ($3.2b) | ($3.7b) | ($1.7b) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($22.5b) | $0 | $0 | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($3.9b) | ($6.2b) | ($6.6b) | ($6.1b) | |
| Operating Gains Losses | — | — | — | — | — | — | ($213.3m) | ($487.9m) | ($642.9m) | ($827.8m) | |
| Other Non Cash Items | — | — | — | — | — | — | $3.5b | ($820.1m) | $398.0m | ($1.4b) | |
| Purchase Of Business | — | — | — | — | — | ($22.5b) | $0 | $0 | — | — | |
| Purchase Of PPE | — | — | — | — | — | — | ($3.9b) | ($6.2b) | ($6.6b) | ($6.1b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($17.4m) | ($2.6b) | ($1.5b) | ($2.5b) | |
| Stock Based Compensation | — | — | — | — | — | — | $102.8m | $97.1m | $111.1m | $166.2m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($2.3m) | $17.7m | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($1.6m) | — | — | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $3.4b | $3.1b | $2.8b | $3.1b | $2.1b | $3.7b | $5.2b | $5.3b | $5.4b | $5.4b | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($3.9b) | ($6.2b) | ($6.6b) | ($6.1b) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $22.5b | $0 | $0 | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $21.7m | $38.1m | $21.5m | $17k | $0 | ($27.4m) | ($75.3m) | $26.2m | $27.3m | $55.4m | |
| Net Other Investing Changes | — | — | — | — | — | — | $1.7b | $3.0b | $2.9b | $4.4b | |
| Net Cash Provided by (Used in) Investing Activities | ($1.3b) | ($3.4b) | ($4.1b) | ($3.0b) | ($712.3m) | ($23.5b) | ($2.2b) | ($3.2b) | ($3.7b) | ($1.7b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $3.6b | $5.6b | $5.6b | $6.5b | $10.9b | $26.5b | $468.0m | $6.6b | $7.6b | $5.4b | |
| Issuance Of Debt | — | — | — | — | — | — | $468.0m | $6.6b | $7.6b | $5.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $468.0m | $6.6b | $7.6b | $5.4b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($3.8b) | ($17.4m) | ($1.2b) | ($1.7b) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($3.8b) | ($17.4m) | ($1.2b) | ($1.7b) | |
| Repayments of Long-term Debt | $5.2b | $4.7b | $4.4b | $6.5b | $11.6b | $6.0b | $4.2b | $6.6b | $8.8b | $7.1b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.2b) | ($6.6b) | ($8.8b) | ($7.1b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.2b) | ($6.6b) | ($8.8b) | ($7.1b) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($17.4m) | ($2.6b) | ($1.5b) | ($2.5b) | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | — | — | — | $140.0m | $192.4m | |
| Common Stock Payments | — | — | — | — | — | — | ($17.4m) | ($2.6b) | ($1.5b) | ($2.5b) | |
| Cash Dividends Paid | — | — | — | — | — | — | $0 | $0 | ($140.0m) | ($192.4m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | $0 | $0 | ($140.0m) | ($192.4m) | |
| Net Other Financing Charges | — | — | — | — | — | — | $618.7m | $643.2m | $686.4m | $808.5m | |
| Net Cash Provided by (Used in) Financing Activities | ($2.4b) | ($87.6m) | $600.4m | ($265.0m) | ($1.2b) | $20.2b | ($3.2b) | ($2.0b) | ($2.1b) | ($3.7b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $2.7m | ($621k) | $2.2m | $776k | ($7.6m) | $1.9m | ($3.8m) | $2.6m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($7.6m) | $1.9m | ($3.8m) | $2.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $1.4b | $1.3b | $1.5b | $1.9b | $1.8b | $1.8b | $1.4b | $1.5b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($150.4m) | $66.7m | ($420.1m) | $75.5m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.3b | $1.2b | $1.2b | $1.3b | $1.2b | $1.1b | $1.6b | $1.7b | $1.8b | $1.9b | |
| Income Taxes Paid, Net | $61.8m | $19.0m | $679k | $2.4m | ($3.9m) | $4.9m | ($567k) | $23.2m | $34.0m | $26.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.