AL vs. AER

Last updated Apr 1, 2026

Compare and contrast key facts about Air Lease Corporation (AL) and AerCap Holdings N.V. (AER).

Performance

AL vs. AER - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Air Lease Corporation (AL) and AerCap Holdings N.V. (AER). The values are adjusted to include any dividend payments, if applicable.

AL vs. AER - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AL Air Lease Corporation	1.45%	35.30%	17.06%	11.40%	-11.42%	1.09%	-3.97%	59.43%	-36.52%	41.21%
AER AerCap Holdings N.V.	-4.32%	51.66%	29.81%	27.43%	-10.85%	43.53%	-25.85%	55.23%	-24.73%	26.44%

Fundamentals

Market Cap AL : $7.30B AER : $22.89B
EPS AL : $9.59 AER : $21.70
PE Ratio AL : 6.77 AER : 6.32
PEG Ratio AL : 0.16 AER : 0.16
PS Ratio AL : 2.42 AER : 2.95
PB Ratio AL : 0.86 AER : 1.25
Total Revenue (TTM) AL : $3.02B AER : $8.02B
Gross Profit (TTM) AL : $647.78M AER : $4.21B
EBITDA (TTM) AL : $2.10B AER : $6.02B

Returns By Period

In the year-to-date period, AL achieves a 1.45% return, which is significantly higher than AER's -4.32% return. Over the past 10 years, AL has underperformed AER with an annualized return of 9.02%, while AER has yielded a comparatively higher 13.67% annualized return.

AL

• 1D: 0.28%
• 1M: 0.50%
• YTD: 1.45%
• 6M: 2.73%
• 1Y: 36.33%
• 3Y*: 20.23%
• 5Y*: 7.41%
• 10Y*: 9.02%

AER

• 1D: 3.94%
• 1M: -8.20%
• YTD: -4.32%
• 6M: 13.90%
• 1Y: 35.54%
• 3Y*: 35.53%
• 5Y*: 18.64%
• 10Y*: 13.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AL vs. AER — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AL

AL Risk / Return Rank: 84
AL Sharpe Ratio Rank: 84
AL Sortino Ratio Rank: 81
AL Omega Ratio Rank: 94
AL Calmar Ratio Rank: 77
AL Martin Ratio Rank: 87

AER

AER Risk / Return Rank: 80
AER Sharpe Ratio Rank: 82
AER Sortino Ratio Rank: 75
AER Omega Ratio Rank: 79
AER Calmar Ratio Rank: 82
AER Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AL vs. AER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Air Lease Corporation (AL) and AerCap Holdings N.V. (AER). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AL	AER	Difference
Sharpe ratio Return per unit of total volatility	1.46	1.33	+0.13
Sortino ratio Return per unit of downside risk	2.10	1.81	+0.29
Omega ratio Gain probability vs. loss probability	1.48	1.27	+0.21
Calmar ratio Return relative to maximum drawdown	1.92	2.41	-0.48
Martin ratio Return relative to average drawdown	8.62	7.49	+1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AL vs. AER - Sharpe Ratio Comparison

The current AL Sharpe Ratio is 1.46, which is comparable to the AER Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of AL and AER, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AL	AER	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.33	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.58	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.33	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.20	-0.02

Correlation

The correlation between AL and AER is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AL vs. AER - Dividend Comparison

AL's dividend yield for the trailing twelve months is around 1.36%, more than AER's 0.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AL Air Lease Corporation	1.36%	1.37%	1.76%	1.93%	1.97%	1.50%	1.37%	1.14%	1.42%	0.68%	0.66%	0.51%
AER AerCap Holdings N.V.	0.88%	0.75%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AL vs. AER - Drawdown Comparison

The maximum AL drawdown since its inception was -78.22%, smaller than the maximum AER drawdown of -94.38%. Use the drawdown chart below to compare losses from any high point for AL and AER.

Drawdown Indicators

	AL	AER	Difference
Max Drawdown Largest peak-to-trough decline	-78.22%	-94.38%	+16.16%
Max Drawdown (1Y) Largest decline over 1 year	-19.02%	-14.77%	-4.25%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-45.14%	+6.69%
Max Drawdown (10Y) Largest decline over 10 years	-78.22%	-75.86%	-2.36%
Current Drawdown Current decline from peak	0.00%	-11.16%	+11.16%
Average Drawdown Average peak-to-trough decline	-16.77%	-28.57%	+11.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.24%	4.75%	-0.51%

Volatility

AL vs. AER - Volatility Comparison

The current volatility for Air Lease Corporation (AL) is 0.71%, while AerCap Holdings N.V. (AER) has a volatility of 12.30%. This indicates that AL experiences smaller price fluctuations and is considered to be less risky than AER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AL	AER	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.71%	12.30%	-11.59%
Volatility (6M) Calculated over the trailing 6-month period	1.40%	18.90%	-17.50%
Volatility (1Y) Calculated over the trailing 1-year period	24.98%	26.85%	-1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.72%	32.28%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.30%	41.94%	+2.36%

Financials

AL vs. AER - Profitability Comparison

The chart below illustrates the profitability comparison between Air Lease Corporation and AerCap Holdings N.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Air Lease Corporation reported a gross profit of 0.00 and revenue of 820.38M. Therefore, the gross margin over that period was 0.0%.

AER - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AerCap Holdings N.V. reported a gross profit of 1.13B and revenue of 2.17B. Therefore, the gross margin over that period was 52.3%.

AL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Air Lease Corporation reported an operating income of 0.00 and revenue of 820.38M, resulting in an operating margin of 0.0%.

AER - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AerCap Holdings N.V. reported an operating income of 946.83M and revenue of 2.17B, resulting in an operating margin of 43.7%.

AL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Air Lease Corporation reported a net income of 169.85M and revenue of 820.38M, resulting in a net margin of 20.7%.

AER - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AerCap Holdings N.V. reported a net income of 632.81M and revenue of 2.17B, resulting in a net margin of 29.2%.