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AerSale vs Ten-League International: revenue, profit, margins and growth compared

AerSale brought in $335.3M of revenue in fiscal 2025, Ten-League International $59.2M in fiscal 2025. Revenue changed by -2.8% at AerSale and +38.4% at Ten-League International on the year before, so Ten-League International grew faster. AerSale kept 2.6% of its revenue as net profit, Ten-League International 7.3%. Free cash flow was -$29.1M at AerSale and $7M at Ten-League International.

Side by side, latest fiscal year

ASLETLIH
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$335.3M$59.2M
Revenue growth-2.8%+38.4%
Net income$8.6M$4.3M
Net margin2.6%7.3%
Free cash flow-$29.1M$7M
Free cash flow margin-8.7%11.9%
Earnings per share (diluted)$0.18$0.15
Cash$4.4M$8.3M
Debt$1.3Mn/a
Price to earnings30.0n/a
Market value$257.7M$17M
Dividend yieldn/an/a
Rank by revenue in sector#617 of 955 · Consumer discretionary#760 of 955 · 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: $335.3MTLIH FY2024: $42.8MTLIH FY2025: $59.2MFY19FY20FY21FY22FY23FY24FY25
ASLE $335.3MTLIH $59.2M
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: $8.6MTLIH FY2024: $1.4MTLIH FY2025: $4.3MFY19FY20FY21FY22FY23FY24FY25
ASLE $8.6MTLIH $4.3M
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%TLIH FY2024: 3.2%TLIH FY2025: 7.3%FY19FY20FY21FY22FY23FY24FY25
ASLE 2.6%TLIH 7.3%
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%TLIH FY2025: +38.4%FY19FY20FY21FY22FY23FY24FY25
ASLE -2.8%TLIH +38.4%
Free cash flow
ASLE FY2019: $43.8MASLE FY2020: -$14.4MASLE FY2021: $77.6MASLE FY2022: -$8.6MASLE FY2023: -$185.5MASLE FY2024: -$2.9MASLE FY2025: -$29.1MTLIH FY2024: -$5.7MTLIH FY2025: $7MFY19FY20FY21FY22FY23FY24FY25
ASLE -$29.1MTLIH $7M

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

Questions about AerSale and Ten-League International

Which is bigger by revenue, AerSale or Ten-League International?

AerSale is bigger by revenue: $335.3M in fiscal 2025, against $59.2M for Ten-League International in fiscal 2025.

Which keeps more of its revenue as profit, AerSale or Ten-League International?

AerSale had a net margin of 2.6% in fiscal 2025; Ten-League International had 7.3% in fiscal 2025.

Which grew revenue faster, AerSale or Ten-League International?

In their latest fiscal years revenue changed by -2.8% at AerSale and +38.4% at Ten-League International.

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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