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Aircastle vs United Rentals: revenue, profit, margins and growth compared

Aircastle brought in $975.1M of revenue in fiscal 2025, United Rentals $16.1B in fiscal 2025. Revenue changed by +18.8% at Aircastle and +4.9% at United Rentals on the year before, so Aircastle grew faster. Aircastle kept 19.9% of its revenue as net profit, United Rentals 15.5%.

Side by side, latest fiscal year

AYRURI
Fiscal year endedFY2025 (February 28, 2026)FY2025 (December 31, 2025)
Revenue$975.1M$16.1B
Revenue growth+18.8%+4.9%
Net income$194M$2.5B
Net margin19.9%15.5%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)n/a$38.61
Cash$179.9M$459M
Debt$5.3B$14.3B
Price to earningsn/a27.1
Market valuen/a$65.2B
Dividend yieldn/a0.68%
Rank by revenue in sector#466 of 778 · Consumer discretionary#76 of 778 · Consumer discretionary

Over the years

Revenue
AYR FY2018: $890.4MAYR FY2019: $917.9MAYR FY2020: $832.3MAYR FY2021: $769.8MAYR FY2022: $796MAYR FY2023: $855.4MAYR FY2024: $821MAYR FY2025: $975.1MURI FY2018: $8BURI FY2019: $9.4BURI FY2020: $8.5BURI FY2021: $9.7BURI FY2022: $11.6BURI FY2023: $14.3BURI FY2024: $15.3BURI FY2025: $16.1BFY18FY19FY20FY21FY22FY23FY24FY25
AYR $975.1MURI $16.1B
Net income
AYR FY2018: $247.9MAYR FY2019: $156.6MAYR FY2020: -$333.2MAYR FY2021: -$278.2MAYR FY2022: $62.8MAYR FY2023: $83.3MAYR FY2024: $123.6MAYR FY2025: $194MURI FY2018: $1.1BURI FY2019: $1.2BURI FY2020: $890MURI FY2021: $1.4BURI FY2022: $2.1BURI FY2023: $2.4BURI FY2024: $2.6BURI FY2025: $2.5BFY18FY19FY20FY21FY22FY23FY24FY25
AYR $194MURI $2.5B
Net margin
AYR FY2018: 27.8%AYR FY2019: 17.1%AYR FY2020: -40.0%AYR FY2021: -36.1%AYR FY2022: 7.9%AYR FY2023: 9.7%AYR FY2024: 15.1%AYR FY2025: 19.9%URI FY2018: 13.6%URI FY2019: 12.6%URI FY2020: 10.4%URI FY2021: 14.3%URI FY2022: 18.1%URI FY2023: 16.9%URI FY2024: 16.8%URI FY2025: 15.5%FY18FY19FY20FY21FY22FY23FY24FY25
AYR 19.9%URI 15.5%
Revenue growth
AYR FY2019: +3.1%AYR FY2021: -7.5%AYR FY2022: +3.4%AYR FY2023: +7.5%AYR FY2024: -4.0%AYR FY2025: +18.8%URI FY2019: +16.2%URI FY2020: -8.8%URI FY2021: +13.9%URI FY2022: +19.8%URI FY2023: +23.1%URI FY2024: +7.1%URI FY2025: +4.9%FY19FY20FY21FY22FY23FY24FY25
AYR +18.8%URI +4.9%
Free cash flow
URI FY2018: $2.7BURI FY2019: $2.8BURI FY2020: $2.5BURI FY2021: $491MURI FY2022: $743MURI FY2023: $840MURI FY2024: $416MFY18FY19FY20FY21FY22FY23FY24
AYRURI $416M

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

Questions about Aircastle and United Rentals

Which is bigger by revenue, Aircastle or United Rentals?

United Rentals is bigger by revenue: $16.1B in fiscal 2025, against $975.1M for Aircastle in fiscal 2025.

Which keeps more of its revenue as profit, Aircastle or United Rentals?

Aircastle had a net margin of 19.9% in fiscal 2025; United Rentals had 15.5% in fiscal 2025.

Which grew revenue faster, Aircastle or United Rentals?

In their latest fiscal years revenue changed by +18.8% at Aircastle and +4.9% at United 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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