AerCap Holdings NV
NYSE:AER
Income Statement
Earnings Waterfall
AerCap Holdings NV
Revenue
|
7.1B
USD
|
Cost of Revenue
|
-756.4m
USD
|
Gross Profit
|
6.3B
USD
|
Operating Expenses
|
-2.9B
USD
|
Operating Income
|
3.4B
USD
|
Other Expenses
|
-253.6m
USD
|
Net Income
|
3.1B
USD
|
Income Statement
AerCap Holdings NV
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 008
N/A
|
1 017
+1%
|
1 582
+55%
|
2 556
+62%
|
3 554
+39%
|
4 555
+28%
|
5 047
+11%
|
5 076
+1%
|
5 104
+1%
|
5 148
+1%
|
5 066
-2%
|
4 998
-1%
|
5 014
+0%
|
4 904
-2%
|
4 897
0%
|
4 904
+0%
|
4 808
-2%
|
4 749
-1%
|
4 698
-1%
|
4 634
-1%
|
4 599
-1%
|
4 652
+1%
|
4 712
+1%
|
4 719
+0%
|
4 749
+1%
|
4 745
0%
|
4 729
0%
|
4 595
-3%
|
4 404
-4%
|
4 315
-2%
|
4 337
+1%
|
4 735
+9%
|
5 135
+8%
|
5 831
+14%
|
6 257
+7%
|
6 495
+4%
|
6 785
+4%
|
6 764
0%
|
6 887
+2%
|
6 994
+2%
|
7 091
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(49)
|
(46)
|
(59)
|
(84)
|
(142)
|
(218)
|
(369)
|
(471)
|
(522)
|
(600)
|
(570)
|
(566)
|
(583)
|
(538)
|
(531)
|
(540)
|
(538)
|
(548)
|
(515)
|
(462)
|
(447)
|
(406)
|
(368)
|
(327)
|
(288)
|
(291)
|
(278)
|
(285)
|
(273)
|
(218)
|
(225)
|
(227)
|
(319)
|
(483)
|
(617)
|
(725)
|
(824)
|
(842)
|
(878)
|
(882)
|
(756)
|
|
Gross Profit |
960
N/A
|
972
+1%
|
1 523
+57%
|
2 471
+62%
|
3 413
+38%
|
4 336
+27%
|
4 678
+8%
|
4 606
-2%
|
4 582
-1%
|
4 548
-1%
|
4 496
-1%
|
4 433
-1%
|
4 431
0%
|
4 367
-1%
|
4 367
N/A
|
4 364
0%
|
4 271
-2%
|
4 201
-2%
|
4 183
0%
|
4 173
0%
|
4 152
0%
|
4 247
+2%
|
4 344
+2%
|
4 392
+1%
|
4 461
+2%
|
4 454
0%
|
4 451
0%
|
4 310
-3%
|
4 131
-4%
|
4 097
-1%
|
4 112
+0%
|
4 508
+10%
|
4 816
+7%
|
5 348
+11%
|
5 640
+5%
|
5 770
+2%
|
5 961
+3%
|
5 923
-1%
|
6 010
+1%
|
6 112
+2%
|
6 334
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(427)
|
(442)
|
(675)
|
(1 116)
|
(1 582)
|
(2 017)
|
(2 227)
|
(2 225)
|
(2 224)
|
(2 231)
|
(2 218)
|
(2 187)
|
(2 142)
|
(2 111)
|
(2 093)
|
(2 084)
|
(2 076)
|
(2 062)
|
(2 045)
|
(2 009)
|
(1 984)
|
(1 969)
|
(1 949)
|
(1 953)
|
(1 944)
|
(1 931)
|
(1 912)
|
(1 909)
|
(1 888)
|
(1 861)
|
(1 862)
|
(1 846)
|
(2 056)
|
(2 334)
|
(2 554)
|
(2 779)
|
(2 789)
|
(2 779)
|
(2 828)
|
(2 877)
|
(2 945)
|
|
Selling, General & Administrative |
(83)
|
(83)
|
(128)
|
(202)
|
(300)
|
(375)
|
(400)
|
(395)
|
(358)
|
(373)
|
(368)
|
(358)
|
(351)
|
(348)
|
(346)
|
(349)
|
(348)
|
(351)
|
(351)
|
(331)
|
(305)
|
(286)
|
(266)
|
(267)
|
(268)
|
(265)
|
(254)
|
(250)
|
(242)
|
(235)
|
(255)
|
(262)
|
(318)
|
(358)
|
(390)
|
(427)
|
(400)
|
(413)
|
(428)
|
(434)
|
(464)
|
|
Depreciation & Amortization |
(338)
|
(349)
|
(543)
|
(913)
|
(1 282)
|
(1 645)
|
(1 827)
|
(1 830)
|
(1 843)
|
(1 857)
|
(1 849)
|
(1 830)
|
(1 791)
|
(1 763)
|
(1 747)
|
(1 735)
|
(1 727)
|
(1 711)
|
(1 694)
|
(1 679)
|
(1 679)
|
(1 682)
|
(1 684)
|
(1 686)
|
(1 676)
|
(1 666)
|
(1 659)
|
(1 660)
|
(1 645)
|
(1 626)
|
(1 607)
|
(1 584)
|
(1 738)
|
(1 976)
|
(2 164)
|
(2 352)
|
(2 390)
|
(2 366)
|
(2 401)
|
(2 443)
|
(2 481)
|
|
Other Operating Expenses |
(7)
|
(10)
|
(4)
|
0
|
0
|
3
|
0
|
0
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
533
N/A
|
530
-1%
|
849
+60%
|
1 355
+60%
|
1 830
+35%
|
2 319
+27%
|
2 451
+6%
|
2 381
-3%
|
2 358
-1%
|
2 317
-2%
|
2 279
-2%
|
2 246
-1%
|
2 289
+2%
|
2 256
-1%
|
2 274
+1%
|
2 280
+0%
|
2 195
-4%
|
2 139
-3%
|
2 138
0%
|
2 163
+1%
|
2 168
+0%
|
2 278
+5%
|
2 395
+5%
|
2 439
+2%
|
2 517
+3%
|
2 523
+0%
|
2 539
+1%
|
2 401
-5%
|
2 243
-7%
|
2 236
0%
|
2 251
+1%
|
2 661
+18%
|
2 760
+4%
|
3 015
+9%
|
3 086
+2%
|
2 991
-3%
|
3 172
+6%
|
3 144
-1%
|
3 181
+1%
|
3 235
+2%
|
3 390
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(226)
|
(231)
|
(355)
|
(557)
|
(780)
|
(1 005)
|
(1 088)
|
(1 106)
|
(1 100)
|
(1 097)
|
(1 123)
|
(1 114)
|
(1 092)
|
(1 093)
|
(1 087)
|
(1 094)
|
(1 112)
|
(1 101)
|
(1 111)
|
(1 123)
|
(1 174)
|
(1 234)
|
(1 281)
|
(1 302)
|
(1 295)
|
(1 279)
|
(1 245)
|
(1 368)
|
(1 392)
|
(1 356)
|
(1 352)
|
(1 201)
|
(1 228)
|
(1 326)
|
(1 445)
|
(1 559)
|
(1 610)
|
(1 656)
|
(1 676)
|
(1 735)
|
(1 804)
|
|
Non-Reccuring Items |
(37)
|
(56)
|
(157)
|
(164)
|
(171)
|
(158)
|
(61)
|
(55)
|
(75)
|
(123)
|
(134)
|
(167)
|
(135)
|
(88)
|
(84)
|
(85)
|
(76)
|
(68)
|
(72)
|
(39)
|
(44)
|
(47)
|
(51)
|
(69)
|
(70)
|
(88)
|
(169)
|
(1 153)
|
(1 256)
|
(1 286)
|
(1 314)
|
(451)
|
(473)
|
(3 175)
|
(3 071)
|
(2 934)
|
(2 794)
|
(67)
|
(34)
|
628
|
1 197
|
|
Gain/Loss on Disposition of Assets |
20
|
30
|
29
|
21
|
38
|
61
|
117
|
166
|
183
|
169
|
152
|
123
|
139
|
167
|
198
|
239
|
229
|
271
|
253
|
209
|
201
|
134
|
161
|
181
|
189
|
226
|
158
|
124
|
90
|
36
|
49
|
79
|
89
|
88
|
101
|
132
|
229
|
325
|
456
|
517
|
490
|
|
Total Other Income |
22
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
311
N/A
|
295
-5%
|
366
+24%
|
655
+79%
|
917
+40%
|
1 218
+33%
|
1 419
+17%
|
1 385
-2%
|
1 366
-1%
|
1 265
-7%
|
1 175
-7%
|
1 088
-7%
|
1 200
+10%
|
1 242
+3%
|
1 301
+5%
|
1 340
+3%
|
1 236
-8%
|
1 241
+0%
|
1 207
-3%
|
1 210
+0%
|
1 151
-5%
|
1 131
-2%
|
1 223
+8%
|
1 249
+2%
|
1 341
+7%
|
1 381
+3%
|
1 283
-7%
|
3
-100%
|
(315)
N/A
|
(371)
-18%
|
(366)
+1%
|
1 089
N/A
|
1 148
+5%
|
(1 398)
N/A
|
(1 329)
+5%
|
(1 370)
-3%
|
(1 002)
+27%
|
1 746
N/A
|
1 927
+10%
|
2 645
+37%
|
3 272
+24%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(26)
|
(25)
|
(51)
|
(108)
|
(137)
|
(181)
|
(196)
|
(177)
|
(190)
|
(176)
|
(164)
|
(160)
|
(174)
|
(178)
|
(184)
|
(176)
|
(143)
|
(143)
|
(139)
|
(144)
|
(144)
|
(141)
|
(154)
|
(157)
|
(168)
|
(175)
|
(163)
|
(15)
|
17
|
21
|
19
|
(150)
|
(163)
|
156
|
146
|
144
|
164
|
(180)
|
(206)
|
(252)
|
(291)
|
|
Income from Continuing Operations |
285
|
270
|
315
|
547
|
780
|
1 037
|
1 223
|
1 208
|
1 176
|
1 089
|
1 011
|
928
|
1 027
|
1 065
|
1 117
|
1 165
|
1 093
|
1 097
|
1 069
|
1 066
|
1 007
|
989
|
1 070
|
1 092
|
1 173
|
1 207
|
1 120
|
(11)
|
(297)
|
(350)
|
(347)
|
939
|
985
|
(1 243)
|
(1 183)
|
(1 226)
|
(838)
|
1 566
|
1 722
|
2 393
|
2 981
|
|
Income to Minority Interest |
(3)
|
(2)
|
(0)
|
0
|
2
|
3
|
3
|
3
|
2
|
(1)
|
2
|
7
|
7
|
7
|
4
|
(1)
|
(4)
|
(5)
|
(5)
|
(5)
|
(2)
|
(14)
|
(17)
|
(18)
|
(21)
|
(11)
|
(10)
|
(7)
|
(4)
|
(1)
|
1
|
(7)
|
(9)
|
(9)
|
(10)
|
(4)
|
(5)
|
(8)
|
(11)
|
(14)
|
(12)
|
|
Equity Earnings Affiliates |
11
|
12
|
13
|
31
|
29
|
27
|
27
|
1
|
1
|
2
|
2
|
11
|
13
|
13
|
13
|
11
|
9
|
10
|
10
|
10
|
11
|
9
|
9
|
(6)
|
(6)
|
(7)
|
(7)
|
2
|
3
|
3
|
3
|
9
|
24
|
23
|
55
|
97
|
117
|
148
|
150
|
146
|
167
|
|
Net Income (Common) |
292
N/A
|
280
-4%
|
328
+17%
|
578
+76%
|
810
+40%
|
1 067
+32%
|
1 253
+17%
|
1 213
-3%
|
1 179
-3%
|
1 090
-7%
|
1 015
-7%
|
946
-7%
|
1 047
+11%
|
1 085
+4%
|
1 134
+5%
|
1 175
+4%
|
1 076
-8%
|
1 080
+0%
|
1 052
-3%
|
1 049
0%
|
1 016
-3%
|
984
-3%
|
1 062
+8%
|
1 069
+1%
|
1 146
+7%
|
1 188
+4%
|
1 103
-7%
|
(17)
N/A
|
(299)
-1 636%
|
(347)
-16%
|
(344)
+1%
|
940
N/A
|
1 001
+6%
|
(1 228)
N/A
|
(1 138)
+7%
|
(1 132)
+1%
|
(726)
+36%
|
1 707
N/A
|
1 860
+9%
|
2 525
+36%
|
3 136
+24%
|
|
EPS (Diluted) |
2.54
N/A
|
2.42
-5%
|
1.22
-50%
|
2.69
+120%
|
4.54
+69%
|
4.96
+9%
|
5.92
+19%
|
6.08
+3%
|
5.72
-6%
|
5.51
-4%
|
5.37
-3%
|
5.1
-5%
|
5.52
+8%
|
6.16
+12%
|
6.7
+9%
|
7.14
+7%
|
6.43
-10%
|
7.01
+9%
|
7.03
+0%
|
7.13
+1%
|
6.83
-4%
|
7.05
+3%
|
7.74
+10%
|
7.96
+3%
|
8.43
+6%
|
9.19
+9%
|
8.61
-6%
|
-0.13
N/A
|
-2.34
-1 700%
|
-2.68
-15%
|
-2.64
+1%
|
7.25
N/A
|
6.71
-7%
|
-5.12
N/A
|
-4.69
+8%
|
-4.67
+0%
|
-3.02
+35%
|
7.06
N/A
|
7.98
+13%
|
11.1
+39%
|
13.78
+24%
|