MARKETS / US / AYR
US · SERVICES-EQUIPMENT RENTAL & LEASING, NEC · SMALL CAP

Aircastle Limited AYR

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY9 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$975.1M
▲ 18.8% vs FY2024
Dividend streak
9 yrs
Raised every year since 2017
EPS · FY25
Dividend / sh · FY25
Payout · FY25
32%
ROE · FY25
7.5%
Net margin · FY25
19.9%
Dividend coverage
1.7×
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Result
USD 975.1M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.250.50.7511.00.22009201220152018202120242025
0.250.50.7511.00.22016201920222025

20 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS Dividend
242009201220152018202120242025
242016201920222025

Earnings covered the dividend 1.7 times — the rest stayed in the company.

Profitability
7.5%
Return on equity, FY2025
ROE
4812167.5%2009201220152018202120242025
4812167.5%2016201920222025
Operating margin
Net margin19.9%
Return on assets2.2%

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

Returned to shareholders
USD 62.8M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 62.8M
Net buybacks
Share of profit32.4%
Consecutive raises9 years

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

Growth
+3.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+7.0%
+3.2%
+1.1%
+4.2%
Net income
+45.7%
+4.8%
+7.5%
EPS, diluted
+2.4%
+10.5%
+4.8%
Dividend / share
+7.6%
+8.3%
+11.8%
Returned to shareholders
+44.1%
+21.2%
−1.5%
+4.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
0.080.002009201220152018202120242025
0.080.002016201920222025
Change, 5 years−7.2%
Change, 10 years

The share count shrank 7% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 9.0B
total assets, end of FY2025
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.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
1.0
0.8
0.9
0.8
0.8
0.8
0.9
0.9
0.9
0.8
0.9
0.8
0.7
0.7
0.6
0.5
0.6
Operating income $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.2
0.1
0.1
0.1
−0.3
−0.3
0.2
0.2
0.1
0.2
0.1
0.1
0.0
0.0
0.1
0.1
0.1
EPS, diluted $
·
·
·
·
·
·
2.06
3.17
1.87
1.92
1.50
1.25
0.40
0.46
1.64
0.83
1.29
Dividend / sh $
·
·
·
·
·
·
1.22
1.14
1.06
0.98
0.90
0.82
0.69
0.61
0.50
0.40
0.40
Payout %
32
17
25
33
−2
−7
58
36
56
51
60
66
175
133
36
48
31
ROE %
7.5
5.3
4.2
3.4
−15.6
−17.6
7.7
12.7
7.9
8.4
7.0
6.0
1.9
2.3
9.0
4.9
·
Shares out B
·
·
·
·
·
0.00
0.08
0.08
0.08
0.08
0.08
0.08
0.08
0.07
0.07
0.08
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
27 of 27
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed