AerCap Holdings (AER) Free Cash Flow (2009 - 2026)
AerCap Holdings' Free Cash Flow was $5.65 billion in Q3 2026, up 19.3% from $4.74 billion a year earlier.
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Analysis
AerCap Holdings (AER) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, AerCap Holdings' Free Cash Flow was $3 billion through Sep 30, 2026, up 417.1% year-over-year; for FY2025, it was $1.74 billion, up 364.9% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $374.14 million in FY2024 (-37.5%), $598.76 million in FY2023 (-64.6%), $1.69 billion in FY2022 (-15.0%) and $1.99 billion in FY2021 (+47.2%).
- The Q3 2026 figure marks the highest quarterly Free Cash Flow in data going back to Q1 2009.
- Compared with a year earlier, Free Cash Flow was higher in two of the last four quarters, with growth averaging 3.1%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2022 (growth of 215.2%); the worst was Q1 2026 (a decline of 11.6%).
- Per Business Quant data, AER's Free Cash Flow in the three quarters before Q3 2026 was -$902.45 million (Q2 2026), $2.23 billion (Q1 2026) and -$3.98 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 325.08 Bn | 283.60 Bn | 5.02 Bn | 1.87 Bn |
| 2 | Rtx | 260.39 Bn | 228.66 Bn | 5.81 Bn | 2.12 Bn |
| 3 | Boeing | 136.74 Bn | 45.70 Bn | 2.17 Bn | 464.00 Mn |
| 4 | Lockheed Martin | 133.25 Bn | 117.49 Bn | 2.44 Bn | 3.00 Bn |
| 5 | General Dynamics | 96.61 Bn | 81.85 Bn | 2.25 Bn | 1.23 Bn |
| 6 | Motorola Solutions | 85.80 Bn | 82.26 Bn | 1.77 Bn | 589.00 Mn |
| 7 | Howmet Aerospace | 80.22 Bn | 75.97 Bn | 1.00 Bn | 562.00 Mn |
| 8 | Northrop Grumman | 74.68 Bn | 62.13 Bn | 2.35 Bn | 1.44 Bn |
| 9 | Honeywell International | 68.84 Bn | 28.35 Bn | 2.02 Bn | 475.00 Mn |
| 10 | AerCap Holdings | 28.60 Bn | 21.52 Bn | - | 5.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.65 Bn |
| Jun 30, 2026 | -902.45 Mn |
| Mar 31, 2026 | 2.23 Bn |
| Dec 31, 2025 | -3.98 Bn |
| Sep 30, 2025 | 4.74 Bn |
| Jun 30, 2025 | -1.54 Bn |
| Mar 31, 2025 | 2.53 Bn |
| Dec 31, 2024 | -5.14 Bn |
| Sep 30, 2024 | 4.91 Bn |
| Jun 30, 2024 | -1.73 Bn |
| Mar 31, 2024 | 2.34 Bn |
| Dec 31, 2023 | -4.64 Bn |
| Sep 30, 2023 | 4.97 Bn |
| Jun 30, 2023 | -1.55 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | -2.56 Bn |
| Sep 30, 2022 | 3.07 Bn |
| Jun 30, 2022 | -333.95 Mn |
| Mar 31, 2022 | 1.51 Bn |
| Dec 31, 2021 | -44.82 Mn |
API Access
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_KEYimport 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();