vs

Side-by-side financial comparison of AerCap Holdings N.V. (AER) and Academy Sports & Outdoors, Inc. (ASO). Click either name above to swap in a different company.

AerCap Holdings N.V. is the larger business by last-quarter revenue ($1.9B vs $1.4B, roughly 1.4× Academy Sports & Outdoors, Inc.). AerCap Holdings N.V. runs the higher net margin — 66.7% vs 5.2%, a 61.6% gap on every dollar of revenue. On growth, Academy Sports & Outdoors, Inc. posted the faster year-over-year revenue change (3.0% vs -3.6%).

AerCap Holdings N.V. is an Irish-American aviation leasing company headquartered in Dublin, Ireland, with offices around the world. AerCap is listed on the NYSE with the ticker 'AER'. It became the largest aviation leasing company in the world following the acquisition of ILFC in 2014, and GECAS from GE in 2021, for over $30 billion.

Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.

AER vs ASO — Head-to-Head

Bigger by revenue
AER
AER
1.4× larger
AER
$1.9B
$1.4B
ASO
Growing faster (revenue YoY)
ASO
ASO
+6.7% gap
ASO
3.0%
-3.6%
AER
Higher net margin
AER
AER
61.6% more per $
AER
66.7%
5.2%
ASO

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
AER
AER
ASO
ASO
Revenue
$1.9B
$1.4B
Net Profit
$1.3B
$71.6M
Gross Margin
35.7%
Operating Margin
73.1%
7.3%
Net Margin
66.7%
5.2%
Revenue YoY
-3.6%
3.0%
Net Profit YoY
181.0%
8.8%
EPS (diluted)
$7.09
$1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AER
AER
ASO
ASO
Q4 25
$1.4B
Q3 25
$1.6B
Q2 25
$1.9B
$1.4B
Q1 25
$1.7B
Q4 24
$1.3B
Q3 24
$1.5B
Q2 24
$2.0B
$1.4B
Q1 24
$1.8B
Net Profit
AER
AER
ASO
ASO
Q4 25
$71.6M
Q3 25
$125.4M
Q2 25
$1.3B
$46.1M
Q1 25
$133.6M
Q4 24
$65.8M
Q3 24
$142.6M
Q2 24
$448.2M
$76.5M
Q1 24
$168.2M
Gross Margin
AER
AER
ASO
ASO
Q4 25
35.7%
Q3 25
36.0%
Q2 25
34.0%
Q1 25
32.2%
Q4 24
34.0%
Q3 24
36.1%
Q2 24
33.4%
Q1 24
33.3%
Operating Margin
AER
AER
ASO
ASO
Q4 25
7.3%
Q3 25
10.8%
Q2 25
73.1%
5.1%
Q1 25
9.2%
Q4 24
6.8%
Q3 24
12.3%
Q2 24
25.1%
7.5%
Q1 24
11.4%
Net Margin
AER
AER
ASO
ASO
Q4 25
5.2%
Q3 25
7.8%
Q2 25
66.7%
3.4%
Q1 25
8.0%
Q4 24
4.9%
Q3 24
9.2%
Q2 24
22.9%
5.6%
Q1 24
9.4%
EPS (diluted)
AER
AER
ASO
ASO
Q4 25
$1.05
Q3 25
$1.85
Q2 25
$7.09
$0.68
Q1 25
$1.85
Q4 24
$0.92
Q3 24
$1.95
Q2 24
$2.28
$1.01
Q1 24
$2.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AER
AER
ASO
ASO
Cash + ST InvestmentsLiquidity on hand
$2.7B
$289.5M
Total DebtLower is stronger
$46.1B
Stockholders' EquityBook value
$17.9B
$2.1B
Total Assets
$73.6B
$5.4B
Debt / EquityLower = less leverage
2.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AER
AER
ASO
ASO
Q4 25
$289.5M
Q3 25
$300.9M
Q2 25
$2.7B
$285.1M
Q1 25
$288.9M
Q4 24
$296.0M
Q3 24
$324.6M
Q2 24
$1.4B
$378.1M
Q1 24
$347.9M
Total Debt
AER
AER
ASO
ASO
Q4 25
Q3 25
Q2 25
$46.1B
Q1 25
Q4 24
Q3 24
Q2 24
$45.7B
Q1 24
Stockholders' Equity
AER
AER
ASO
ASO
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$17.9B
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$17.0B
$1.9B
Q1 24
$2.0B
Total Assets
AER
AER
ASO
ASO
Q4 25
$5.4B
Q3 25
$5.3B
Q2 25
$73.6B
$5.2B
Q1 25
$4.9B
Q4 24
$5.1B
Q3 24
$4.9B
Q2 24
$71.1B
$4.9B
Q1 24
$4.7B
Debt / Equity
AER
AER
ASO
ASO
Q4 25
Q3 25
Q2 25
2.57×
Q1 25
Q4 24
Q3 24
Q2 24
2.69×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AER
AER
ASO
ASO
Operating Cash FlowLast quarter
$49.0M
Free Cash FlowOCF − Capex
$-13.6M
FCF MarginFCF / Revenue
-1.0%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
0.68×
TTM Free Cash FlowTrailing 4 quarters
$191.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AER
AER
ASO
ASO
Q4 25
$49.0M
Q3 25
$78.6M
Q2 25
$157.5M
Q1 25
$140.2M
Q4 24
$96.9M
Q3 24
$91.3M
Q2 24
$199.7M
Q1 24
$234.7M
Free Cash Flow
AER
AER
ASO
ASO
Q4 25
$-13.6M
Q3 25
$21.8M
Q2 25
$106.6M
Q1 25
$76.4M
Q4 24
$34.4M
Q3 24
$50.1M
Q2 24
$167.4M
Q1 24
$178.9M
FCF Margin
AER
AER
ASO
ASO
Q4 25
-1.0%
Q3 25
1.4%
Q2 25
7.9%
Q1 25
4.6%
Q4 24
2.6%
Q3 24
3.2%
Q2 24
12.3%
Q1 24
10.0%
Capex Intensity
AER
AER
ASO
ASO
Q4 25
4.5%
Q3 25
3.5%
Q2 25
3.8%
Q1 25
3.8%
Q4 24
4.6%
Q3 24
2.7%
Q2 24
2.4%
Q1 24
3.1%
Cash Conversion
AER
AER
ASO
ASO
Q4 25
0.68×
Q3 25
0.63×
Q2 25
3.42×
Q1 25
1.05×
Q4 24
1.47×
Q3 24
0.64×
Q2 24
2.61×
Q1 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AER
AER

Segment breakdown not available.

ASO
ASO

Outdoors$445.1M32%
Apparel$349.8M25%
Footwear$292.4M21%
Sports And Recreation$288.7M21%
Other$7.6M1%

Related Comparisons