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AerSale vs Distribution Solutions: revenue, profit, margins and growth compared

AerSale brought in $335.3M of revenue in fiscal 2025, Distribution Solutions $2B in fiscal 2025. Revenue changed by -2.8% at AerSale and +9.8% at Distribution Solutions on the year before, so Distribution Solutions grew faster. AerSale kept 2.6% of its revenue as net profit, Distribution Solutions 0.4%. Free cash flow was -$29.1M at AerSale and $62.8M at Distribution Solutions.

Side by side, latest fiscal year

ASLEDSGR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$335.3M$2B
Revenue growth-2.8%+9.8%
Net income$8.6M$8.3M
Net margin2.6%0.4%
Free cash flow-$29.1M$62.8M
Free cash flow margin-8.7%3.2%
Earnings per share (diluted)$0.18$0.18
Cash$4.4M$61.8M
Debt$1.3M$664.2M
Price to earnings30.0194.2
Market value$257.7M$1.6B
Dividend yieldn/an/a
Rank by revenue in sector#606 of 778 · Consumer discretionary#355 of 778 · Consumer discretionary

Over the years

Revenue
ASLE FY2019: $290.7MASLE FY2019: $304.2MASLE FY2020: $208.9MASLE FY2021: $340.4MASLE FY2022: $408.5MASLE FY2023: $334.5MASLE FY2024: $345.1MASLE FY2025: $335.3MDSGR FY2018: $349.6MDSGR FY2019: $370.8MDSGR FY2020: $351.6MDSGR FY2021: $520.3MDSGR FY2022: $1.2BDSGR FY2023: $1.6BDSGR FY2024: $1.8BDSGR FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25
ASLE $335.3MDSGR $2B
Net income
ASLE FY2019: $8.9MASLE FY2019: $15.5MASLE FY2020: $8.1MASLE FY2021: $36.1MASLE FY2022: $43.9MASLE FY2023: -$5.6MASLE FY2024: $5.9MASLE FY2025: $8.6MDSGR FY2018: $6.2MDSGR FY2019: $7.2MDSGR FY2020: $15.1MDSGR FY2021: -$5.1MDSGR FY2022: $7.4MDSGR FY2023: -$9MDSGR FY2024: -$7.3MDSGR FY2025: $8.3MFY18FY19FY20FY21FY22FY23FY24FY25
ASLE $8.6MDSGR $8.3M
Net margin
ASLE FY2019: 3.0%ASLE FY2019: 5.1%ASLE FY2020: 3.9%ASLE FY2021: 10.6%ASLE FY2022: 10.7%ASLE FY2023: -1.7%ASLE FY2024: 1.7%ASLE FY2025: 2.6%DSGR FY2018: 1.8%DSGR FY2019: 1.9%DSGR FY2020: 4.3%DSGR FY2021: -1.0%DSGR FY2022: 0.6%DSGR FY2023: -0.6%DSGR FY2024: -0.4%DSGR FY2025: 0.4%FY18FY19FY20FY21FY22FY23FY24FY25
ASLE 2.6%DSGR 0.4%
Revenue growth
ASLE FY2019: +4.6%ASLE FY2020: -31.3%ASLE FY2021: +62.9%ASLE FY2022: +20.0%ASLE FY2023: -18.1%ASLE FY2024: +3.2%ASLE FY2025: -2.8%DSGR FY2019: +6.0%DSGR FY2020: -5.2%DSGR FY2021: +48.0%DSGR FY2022: +121.3%DSGR FY2023: +36.4%DSGR FY2024: +14.9%DSGR FY2025: +9.8%FY19FY20FY21FY22FY23FY24FY25
ASLE -2.8%DSGR +9.8%
Free cash flow
ASLE FY2019: $43.8MASLE FY2020: -$14.4MASLE FY2021: $77.6MASLE FY2022: -$8.6MASLE FY2023: -$185.5MASLE FY2024: -$2.9MASLE FY2025: -$29.1MDSGR FY2018: $17.8MDSGR FY2019: $7.2MDSGR FY2020: $30.8MDSGR FY2021: $7.3MDSGR FY2022: -$19.3MDSGR FY2023: $86.9MDSGR FY2024: $42.8MDSGR FY2025: $62.8MFY18FY19FY20FY21FY22FY23FY24FY25
ASLE -$29.1MDSGR $62.8M

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

Questions about AerSale and Distribution Solutions

Which is bigger by revenue, AerSale or Distribution Solutions?

Distribution Solutions is bigger by revenue: $2B in fiscal 2025, against $335.3M for AerSale in fiscal 2025.

Which keeps more of its revenue as profit, AerSale or Distribution Solutions?

AerSale had a net margin of 2.6% in fiscal 2025; Distribution Solutions had 0.4% in fiscal 2025.

Which grew revenue faster, AerSale or Distribution Solutions?

In their latest fiscal years revenue changed by -2.8% at AerSale and +9.8% at Distribution Solutions.

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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