Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Aircastle LTD files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
812
852
890
918
832
770
796
855
821
975
Selling, general and administrative
61.9
73.6
76
77
88.4
66.3
76.9
82.1
86.4
89.5
Operating expenses
659
703
630
723
1,122
1,103
723
757
735
826
Interest expense
257
245
238
260
236
216
211
246
261
289
Other non-operating income
3.53
-2.48
1.64
-19.4
-35.4
43.5
13.5
5.57
56.5
71.1
Pre-tax income
157
146
262
175
-325
-289
86
104
142
220
Income tax
12.3
6.04
5.64
22.7
10.2
-8
25.5
23.3
21.9
28.9
Net income
151
148
248
157
-333
-278
62.8
83.3
124
194
EPS, basic
1.92
1.88
3.18
2.09
EPS, diluted
1.92
1.87
3.17
2.06
Shares, basic (weighted)
78.2
78.2
77.4
74.5
Shares, diluted (weighted)
78.2
78.4
77.7
75.4
Dividend per share
0.98
1.06
1.14
1.22
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
456
212
153
141
578
168
232
130
279
180
Lease right-of-use assets
0
9.33
8.06
7.18
16.9
16.1
14.7
13.3
Total assets
7,245
7,199
7,871
8,202
7,698
7,093
7,267
7,680
8,510
8,990
Total liabilities
5,410
5,292
5,863
6,149
5,967
5,264
5,395
5,546
5,985
6,322
Total debt
4,506
4,314
4,761
5,062
5,135
4,520
4,595
4,698
4,955
5,252
Paid-in capital
1,521
1,528
1,469
1,447
1,486
1,879
1,879
2,079
2,379
2,379
Retained earnings
316
380
539
605
245
-49.1
-7.32
55
147
289
Other comprehensive income
-3.55
-1.35
-0.18
0
0
Shareholders' equity
1,834
1,908
2,009
2,053
1,731
1,830
1,871
2,134
2,525
2,668
Total equity
1,834
1,908
2,009
2,053
1,731
1,830
1,871
2,134
2,525
2,668
Total liabilities and equity
7,245
7,199
7,871
8,202
7,698
7,093
7,267
7,680
8,510
8,990
Shares outstanding
78.6
78.7
75.5
75.1
0.01
0.01
0.01
0.02
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
151
148
248
157
-333
-278
62.8
83.3
124
194
Depreciation and amortization
305
299
311
356
348
338
333
348
356
384
Stock-based compensation
7.9
13.1
11.5
15.8
28
0
0
Deferred income tax
6.16
-8.95
-0.5
20.2
6.51
-9.39
13.7
20.1
17.6
21.2
Change in receivables
0.83
-6.73
-12.3
-13.2
-57.3
16.9
17.3
-0.44
-6.98
-8.21
Change in payables
-4.01
13.9
10.5
-5.48
-13.7
-5.72
4.28
-15.9
7.48
25.5
Cash from operations
468
491
523
536
175
373
438
370
464
483
Sales and maturities of investments
0
0
10.1
Cash from investing
-646
-517
-975
-784
21.5
-587
-538
-879
-970
-898
Debt issued
1,054
675
1,414
2,117
1,933
20
494
2,030
1,702
1,915
Debt repaid
-589
-879
-969
-1,818
-1,698
-647
-420
-1,918
-1,452
-1,625
Stock issued
0
0
200
300
0
Dividends paid
-77.1
-83.4
-88.7
-91.3
-24
-5.66
-21
-21
-21
-62.8
Cash from financing
478
-249
386
235
213
-196
161
407
655
315
Net change in cash
300
-275
-66
-12.4
409
-410
61.2
-102
149
-99.2
Interest paid
225
228
214
246
241
201
193
241
233
248
Income taxes paid
16.7
4.58
6.25
-0.66
1.47
0.24
9.51
5.14
4.17
1.36
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to May 31, 2026; growth uses fiscal years. No valuation: we have no share price for this company.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
21.0%
Pre-tax income / revenue.
Net margin
18.8%
Net income / revenue.
Operating cash flow margin
47.6%
Cash from operations / revenue.
Effective tax rate
11.9%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
6.8%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.9%
Net income / average total assets.
SG&A / revenue
9.5%
Selling, general and administrative expense / revenue.
D&A / revenue
40.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
18.8%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
7.0%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
3.2%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y
57.0%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
45.7%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
4.1%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
3.3%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
22.5%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
5.6%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
12.5%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
9.0%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
5.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
7.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
3.2%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
2.07x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
58.9%
Total debt / total assets.
Liabilities / assets
71.5%
Total liabilities / total assets.
Net debt
$4.96B
Total debt - cash - short-term investments. Negative means more cash than debt.
Dividends paid / net income, when net income is positive.
What was Aircastle LTD's revenue in fiscal 2025?
Aircastle LTD reported revenue of $975.1M for fiscal 2025, 18.8% higher than the year before.
Was Aircastle LTD profitable in fiscal 2025?
Yes. Net income was $194.0M, a net margin of 19.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.