AerCap Holdings (AER) Free Cash Flow (2009 - 2026)
AerCap Holdings' Free Cash Flow was $2.32 billion in Q2 2026, up 35.8% from $1.71 billion a year earlier and up 8.6% from the prior quarter.
AerCap Holdings (AER) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, AerCap Holdings' Free Cash Flow was $9.15 billion through Jun 30, 2026, down 7.5% year-over-year; for FY2025, it was $9.05 billion, down 13.8% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 25.5% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $10.5 billion in FY2024 (+5.8%), $9.92 billion in FY2023 (+14.7%), $8.65 billion in FY2022 (+60.3%) and $5.4 billion in FY2021 (+85.5%).
- Quarterly Free Cash Flow has moved between $1.06 billion (Q3 2021) and $2.92 billion (Q2 2024) over five years.
- Compared with a year earlier, Free Cash Flow was higher in three of the last eight quarters, with an average decline of 0.7%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2022 (growth of 439.2%); the worst was Q2 2025 (a decline of 41.5%).
- Per Business Quant data, AER's Free Cash Flow in the three quarters before Q2 2026 was $2.13 billion (Q1 2026), $2.43 billion (Q4 2025) and $2.27 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 320.36 Bn | 274.13 Bn | 4.68 Bn | 2.92 Bn |
| 2 | Rtx | 247.12 Bn | 218.60 Bn | 5.13 Bn | 2.88 Bn |
| 3 | Boeing | 147.44 Bn | 54.13 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 115.87 Bn | 102.60 Bn | 2.45 Bn | 2.92 Bn |
| 5 | General Dynamics | 89.87 Bn | 76.98 Bn | 2.18 Bn | 1.65 Bn |
| 6 | Howmet Aerospace | 86.73 Bn | 82.33 Bn | 951.00 Mn | 479.00 Mn |
| 7 | Motorola Solutions | 74.51 Bn | 70.85 Bn | 1.68 Bn | 414.00 Mn |
| 8 | Northrop Grumman | 68.22 Bn | 57.46 Bn | 2.12 Bn | 978.00 Mn |
| 9 | Honeywell International | 65.74 Bn | 17.87 Bn | 3.65 Bn | 961.00 Mn |
| 10 | AerCap Holdings | 25.11 Bn | 18.75 Bn | - | -902.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.92 Bn |
| Mar 31, 2026 | 2.23 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 1.77 Bn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 2.53 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 1.65 Bn |
| Jun 30, 2024 | 1.53 Bn |
| Mar 31, 2024 | 2.34 Bn |
| Dec 31, 2023 | 1.59 Bn |
| Sep 30, 2023 | 1.89 Bn |
| Jun 30, 2023 | 1.53 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.31 Bn |
| Sep 30, 2022 | 1.33 Bn |
| Jun 30, 2022 | 1.41 Bn |
| Mar 31, 2022 | 1.51 Bn |
| Dec 31, 2021 | -44.82 Mn |
| Sep 30, 2021 | 833.20 Mn |
AerCap Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AER&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "AER", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();