Skip to content
MARKETS / AYR
SERVICES-EQUIPMENT RENTAL & LEASING, NEC · SMALL CAP

Aircastle Ltd. AYR

17 fiscal years on record · USD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
$975.1M
▲ 18.8% YoY
$194.0M
▲ 57.0% YoY
In brief

What this company does

Aircastle acquires, leases, and sells commercial jet aircraft to airlines worldwide. As of February 28, 2026, it owned and managed 282 aircraft leased to 76 lessees located in 45 countries. Its aircraft are managed by a team based in the United States, Ireland and Singapore. As of February 28, 2026, it had 119 employees. It manages and reports on its results of operations based on one operating segment: leasing, financing, selling and managing commercial flight equipment. Since its formation in 2004, it has acquired 691 aircraft for $23.0 billion as of February 28, 2026.

Written from the business description in AIRCASTLE LIMITED's annual report to the U.S. Securities and Exchange Commission, filed 21 April 2026. Every sentence was checked against that document before publication.

Growth
USD 975.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 975.1 · Net income 194.0
400M800M-200M200920112013201520172019202120232025
Compound annual growth
+7.0%
+3.2%
+1.1%
+4.2%
+45.7%
+4.8%
+2.4%
+10.5%
+4.8%
+7.6%
+8.3%
+11.8%
+44.1%
+21.2%
−1.5%
+4.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
20 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 19.9%
10%20%-20%-40%200920112013201520172019202120232025
ROE
FY2025 · ROE 7.5%
5%10%-5%-10%-15%200920112013201520172019202120232025

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders
USD 62.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2012 · FCF -265.9
40M80M-200M-400M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 62.8 · Net buybacks —
100M200MDividendsNet buybacks200920112013201520172019202120232025

USD 62.8M in dividends — 32% of the year's profit went back to shareholders.

Total assetsUSD 9.0B
EquityUSD 2.7B
CashUSD 179.9M
Gross debtUSD 5.3B
Net debtUSD 5.1B

Net debt stands at 190% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.00.80.90.80.80.80.90.90.90.80.90.80.70.70.60.50.6
Operating income $B·················
EBITDA $B·················
Income tax $B0.00.00.00.0−0.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.20.10.10.1−0.3−0.30.20.20.10.20.10.10.00.00.10.10.1
Free cash flow $B·············−0.3−0.4−0.10.1
EPS, diluted $······2.063.171.871.921.501.250.400.461.640.831.29
Dividend / sh $······1.221.141.060.980.900.820.690.610.500.400.40
Payout %32172533−2−7583656516066175133364831
ROE %7.55.34.23.4−15.6−17.67.712.77.98.47.06.01.92.39.04.9·
Shares out B·····0.000.080.080.080.080.080.080.080.070.070.08·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 44 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 28 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Equipment Rental & Leasing, NEC
Listed onnot stated in the filings
Incorporated inoutside the United States — SEC code D0
Fiscal year endsFebruary 28
Data on record since2009

Share this section

Download image