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AerCap vs Sunbelt Rentals: revenue, profit, margins and growth compared

AerCap brought in $8.5B of revenue in fiscal 2025, Sunbelt Rentals $11.2B in fiscal 2026. Revenue changed by +6.5% at AerCap and +3.4% at Sunbelt Rentals on the year before, so AerCap grew faster. AerCap kept 44.0% of its revenue as net profit, Sunbelt Rentals 11.9%.

Side by side, latest fiscal year

AERSUNB
Fiscal year endedFY2025 (December 31, 2025)FY2026 (April 30, 2026)
Revenue$8.5B$11.2B
Revenue growth+6.5%+3.4%
Net income$3.8B$1.3B
Net margin44.0%11.9%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$21.30$3.15
Cash$1.4B$29M
Debt$43.6B$7.6B
Price to earningsn/a23.8
Market value$26.7B$30.8B
Dividend yieldn/a1.47%
Rank by revenue in sector#133 of 778 · Consumer discretionary#113 of 778 · Consumer discretionary

Over the years

Revenue
AER FY2018: $4.8BAER FY2019: $4.9BAER FY2020: $4.5BAER FY2021: $5.2BAER FY2022: $7BAER FY2023: $7.6BAER FY2024: $8BAER FY2025: $8.5BSUNB FY2024: $10.9BSUNB FY2026: $10.8BSUNB FY2026: $11.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AER $8.5BSUNB $11.2B
Net income
AER FY2018: $1BAER FY2019: $1.1BAER FY2020: -$298.6MAER FY2021: $1BAER FY2022: -$726MAER FY2023: $3.1BAER FY2024: $2.1BAER FY2025: $3.8BSUNB FY2024: $1.6BSUNB FY2026: $1.6BSUNB FY2026: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AER $3.8BSUNB $1.3B
Net margin
AER FY2018: 21.2%AER FY2019: 23.2%AER FY2020: -6.6%AER FY2021: 19.2%AER FY2022: -10.4%AER FY2023: 41.4%AER FY2024: 26.2%AER FY2025: 44.0%SUNB FY2024: 14.5%SUNB FY2026: 14.4%SUNB FY2026: 11.9%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AER 44.0%SUNB 11.9%
Revenue growth
AER FY2019: +2.9%AER FY2020: -9.0%AER FY2021: +16.3%AER FY2022: +34.3%AER FY2023: +8.1%AER FY2024: +5.5%AER FY2025: +6.5%SUNB FY2026: -0.6%SUNB FY2026: +3.4%FY19FY20FY21FY22FY23FY24FY25FY26
AER +6.5%SUNB +3.4%

Fiscal years as each company reports them; the two may end in different months.

Questions about AerCap and Sunbelt Rentals

Which is bigger by revenue, AerCap or Sunbelt Rentals?

Sunbelt Rentals is bigger by revenue: $11.2B in fiscal 2026, against $8.5B for AerCap in fiscal 2025.

Which keeps more of its revenue as profit, AerCap or Sunbelt Rentals?

AerCap had a net margin of 44.0% in fiscal 2025; Sunbelt Rentals had 11.9% in fiscal 2026.

Which grew revenue faster, AerCap or Sunbelt Rentals?

In their latest fiscal years revenue changed by +6.5% at AerCap and +3.4% at Sunbelt Rentals.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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