Aercap Holdings N.V. (AER) vs Ryder System, Inc. (R)

Aercap Holdings N.V. and Ryder System, Inc. are both Rental & Leasing Services companies. Aercap Holdings N.V. is the larger, with a market value of $22.5B against $9.1B — 2.5× the size. Aercap Holdings N.V. trades at the lower P/E: 7.2× against 19.2×. Aercap Holdings N.V. grew revenue faster over the last twelve months: 12.2% against 1.12%. Aercap Holdings N.V. has the higher net margin (37.9% vs 3.87%) and the lower return on invested capital (3.84% vs 6.20%). Both pay a dividend; Ryder System, Inc. yields more (2.28% vs 0.01%). Across the 22 metrics below, Aercap Holdings N.V. leads on 15 and Ryder System, Inc. on 7.

Valuation

Metric AER R Rental & Leasing Services median
P/E 7.22 19.17 19.17
P/S 2.60 0.71 0.99
P/B 1.26 3.15 2.23
Price to free cash flow 3.59 7.76 8.31
EV/EBITDA 7.73 5.69 7.84
EV/Sales 7.17 1.27 2.53
Earnings yield 13.85% 5.22% 0.95%
Free cash flow yield 27.82% 12.89% 1.43%

Profitability

Metric AER R Rental & Leasing Services median
Gross margin 100.00% 19.82% 49.40%
Operating margin 61.91% 7.82% 8.49%
Net margin 37.85% 3.87% 1.01%
Free cash flow margin 72.28% 9.11% 1.87%
Return on equity 18.66% 16.66% 12.13%
Return on assets 4.69% 3.05% 0.24%
Return on invested capital 3.84% 6.20% 2.80%

Growth

Metric AER R Rental & Leasing Services median
Revenue growth (TTM) 12.24% 1.12% 3.21%
EPS growth (last fiscal year) 97.41% 7.96% —
Revenue growth, 5-year CAGR 13.64% 8.51% 12.97%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AER R Rental & Leasing Services median
Debt to equity 2.32 2.59 1.48
Current ratio 0.28 0.65 1.36
Net debt to EBITDA 4.74 2.56 4.32

Dividend

Metric AER R Rental & Leasing Services median
Dividend yield 0.01% 2.28% 1.59%
Payout ratio 0.00 0.22 0.00

Size

Metric AER R Rental & Leasing Services median
Market cap 22.46b 9.06b 2.42b

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