AER vs CAR: AerCap Holdings NV and Avis Budget compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- AerCap Holdings NV is the larger company, worth $22.3B, about 5.9 times Avis Budget.
- AerCap Holdings NV grew revenue faster over the last year (+6.5% vs +4.1%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | AER | CAR |
|---|---|---|
| Market cap | $22.3B | $3.8B |
| Share price | $144.72 | $105.98 |
| Revenue (last fiscal year) | $8.5B | $11.7B |
| Free cash flow (last fiscal year) | — | — |
| Revenue growth, last year | +6.5% | +4.1% |
| Revenue growth per year, last 5 fiscal years | +382.4% | +5.8% |
| Operating margin | — | -5.0% |
| Net margin | 44.0% | -5.7% |
| Return on equity | 20.9% | — |
| P/E (trailing) | 6.79x | — |
| Price / free cash flow | — | — |
| EV / EBITDA | 9.73x | 410.2x |
| FCF growth the price implies | — | — |
| Dividend yield | 1.1% | — |
| Debt / equity | 3.10x | — |
| Fundamental grade | B | F |
| Superinvestors holding it | 0 | 2 |
| Insider purchases, last 12 months | 0 | 1 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
AerCap Holdings NV
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $16M | — | — |
| 2022 | $7.0B | — | — |
| 2023 | $7.6B | — | — |
| 2024 | $8.0B | — | — |
| 2025 | $8.5B | — | — |
Avis Budget
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $9.3B | — | 18.3% |
| 2022 | $12.0B | — | 30.3% |
| 2023 | $12.0B | — | 15.9% |
| 2024 | $11.8B | — | -22.3% |
| 2025 | $11.7B | — | -8.0% |
Where the revenue comes from
AerCap Holdings NV
No segment breakdown reported.
Avis Budget · by segments, 2025
Americas$8.9B76%
International$2.8B24%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open AER in InvestinglyQuestions
Which is bigger, AerCap Holdings NV or Avis Budget?
AerCap Holdings NV (AER), at $22.3B against $3.8B.
Which grows faster, AER or CAR?
AerCap Holdings NV: revenue grew +6.5% over the last year, against +4.1%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.