AerCap vs Watsco
AerCap reported revenue of $8.5 billion in fiscal 2025, 1.2 times Watsco's $7.2 billion in fiscal 2025. AerCap's revenue grew 6.5% in its latest year, and Watsco's fell 5.0%.
Side by side
| AerCap | Watsco | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $8.5B | $7.2B |
| Revenue growth | 6.5% | −5.0% |
| Revenue growth a year, last 5 years | 13.6% | 7.4% |
| Gross margin | — | 28.1% |
| Operating margin | — | 9.9% |
| Net margin | 44.0% | 6.9% |
| Free cash flow | — | $535M |
| Free cash flow margin | — | 7.4% |
| Return on capital | 8.5% | 20.1% |
| Net debt to EBITDA | 4.9x | −0.3x |
| Dividends and buybacks | $192M | $474M |
| Change in diluted share count | −9.4% | 1.0% |
| Last close | $147.88 | $305.33 |
| P/E at the last close | — | 26.3× |
| Insider trades, last 12 months | sold $21.1 million | — |
| Piotroski F-score | — | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AerCapWatsco
Operating margin
Percent of revenue
AerCapWatsco
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AerCapWatsco