AerCap Posts Record Q3, Raises 2026 Adjusted EPS Guidance to ~$20.70
AER sits 31% above its 52-week low of $119.91 on light trading volume (0.4× avg).
Summary
AerCap reported record adjusted Q3 2026 net income of $1,009 million ($6.56 per share) and raised full-year 2026 adjusted EPS guidance to about $20.70, while declaring a $0.40 quarterly dividend.
Key Events · Earnings and Guidance · AER
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Record Adjusted Quarter, Guidance Raised
Adjusted net income of $1,009 million, or $6.56 per share, with full-year 2026 adjusted EPS guidance raised to approximately $20.70 before any fourth-quarter gains on sale.
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GAAP Earnings Down on Prior-Year Recoveries
GAAP net income of $949 million ($6.17 per diluted share) versus $1.22 billion a year earlier, when the quarter included $475 million of net Ukraine Conflict insurance recoveries that did not recur.
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Asset Sales Deliver Large Gains
Sold 70 owned assets for $1.1 billion in Q3 2026, generating $353 million of net gains on sale — a 45% unlevered gain-on-sale margin.
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Buybacks and Dividend Continue
Repurchased 5.3 million shares for approximately $783 million in Q3 2026, over $2.2 billion year to date, and declared a $0.40 per share quarterly dividend payable December 3, 2026 to holders of record November 11, 2026.
Analysis · AER · Trade & Services
Management lifted full-year 2026 adjusted EPS guidance to roughly $20.70, before any fourth-quarter gains on sale, on the back of a record adjusted third quarter. GAAP net income of $949 million ($6.17 per diluted share) came in below last year's $1.22 billion, but the comparison is distorted: the 2025 quarter included $475 million of Ukraine Conflict insurance recoveries that did not repeat. The operating engine remains intact, with basic lease rents of $1.70 billion, $353 million of gains on $1.1 billion of asset sales at a 45% unlevered margin, and a 22% adjusted return on equity. Capital returns were aggressive as well: 5.3 million shares repurchased for about $783 million in the quarter and over $2.2 billion year to date, alongside the usual $0.40 quarterly dividend.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.5% of the 1494 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, AER was trading at $157.16 on NYSE in the Trade & Services sector, with a market capitalization of approximately $24.3B. The 52-week trading range was $119.91 to $158.81. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.