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Side-by-side financial comparison of AerSale Corp (ASLE) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $90.9M, roughly 1.6× AerSale Corp). AerSale Corp runs the higher net margin — 5.9% vs 2.3%, a 3.7% gap on every dollar of revenue. On growth, Ranger Energy Services, Inc. posted the faster year-over-year revenue change (-0.6% vs -4.0%). Ranger Energy Services, Inc. produced more free cash flow last quarter ($17.1M vs $9.8M). Over the past eight quarters, Ranger Energy Services, Inc.'s revenue compounded faster (1.9% CAGR vs 0.2%).

AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

ASLE vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.6× larger
RNGR
$142.2M
$90.9M
ASLE
Growing faster (revenue YoY)
RNGR
RNGR
+3.4% gap
RNGR
-0.6%
-4.0%
ASLE
Higher net margin
ASLE
ASLE
3.7% more per $
ASLE
5.9%
2.3%
RNGR
More free cash flow
RNGR
RNGR
$7.3M more FCF
RNGR
$17.1M
$9.8M
ASLE
Faster 2-yr revenue CAGR
RNGR
RNGR
Annualised
RNGR
1.9%
0.2%
ASLE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASLE
ASLE
RNGR
RNGR
Revenue
$90.9M
$142.2M
Net Profit
$5.4M
$3.2M
Gross Margin
34.1%
Operating Margin
7.8%
2.3%
Net Margin
5.9%
2.3%
Revenue YoY
-4.0%
-0.6%
Net Profit YoY
99.7%
-44.8%
EPS (diluted)
$0.10
$0.14

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
ASLE
ASLE
RNGR
RNGR
Q4 25
$90.9M
$142.2M
Q3 25
$71.2M
$128.9M
Q2 25
$107.4M
$140.6M
Q1 25
$65.8M
$135.2M
Q4 24
$94.7M
$143.1M
Q3 24
$82.7M
$153.0M
Q2 24
$77.1M
$138.1M
Q1 24
$90.5M
$136.9M
Net Profit
ASLE
ASLE
RNGR
RNGR
Q4 25
$5.4M
$3.2M
Q3 25
$-120.0K
$1.2M
Q2 25
$8.6M
$7.3M
Q1 25
$-5.3M
$600.0K
Q4 24
$2.7M
$5.8M
Q3 24
$509.0K
$8.7M
Q2 24
$-3.6M
$4.7M
Q1 24
$6.3M
$-800.0K
Gross Margin
ASLE
ASLE
RNGR
RNGR
Q4 25
34.1%
Q3 25
30.2%
Q2 25
32.9%
Q1 25
27.3%
Q4 24
31.4%
Q3 24
28.6%
Q2 24
28.2%
Q1 24
31.8%
Operating Margin
ASLE
ASLE
RNGR
RNGR
Q4 25
7.8%
2.3%
Q3 25
4.0%
2.0%
Q2 25
11.7%
6.1%
Q1 25
-10.1%
0.7%
Q4 24
5.2%
6.2%
Q3 24
2.4%
8.4%
Q2 24
-2.4%
5.3%
Q1 24
5.2%
-0.4%
Net Margin
ASLE
ASLE
RNGR
RNGR
Q4 25
5.9%
2.3%
Q3 25
-0.2%
0.9%
Q2 25
8.0%
5.2%
Q1 25
-8.0%
0.4%
Q4 24
2.9%
4.1%
Q3 24
0.6%
5.7%
Q2 24
-4.7%
3.4%
Q1 24
6.9%
-0.6%
EPS (diluted)
ASLE
ASLE
RNGR
RNGR
Q4 25
$0.10
$0.14
Q3 25
$0.00
$0.05
Q2 25
$0.18
$0.32
Q1 25
$-0.10
$0.03
Q4 24
$0.05
$0.24
Q3 24
$0.01
$0.39
Q2 24
$-0.07
$0.21
Q1 24
$0.12
$-0.03

Balance Sheet & Financial Strength

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

Metric
ASLE
ASLE
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$4.4M
$10.3M
Total DebtLower is stronger
$1.3M
Stockholders' EquityBook value
$424.4M
$300.1M
Total Assets
$640.5M
$419.3M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASLE
ASLE
RNGR
RNGR
Q4 25
$4.4M
$10.3M
Q3 25
$5.3M
$45.2M
Q2 25
$5.7M
$48.9M
Q1 25
$4.7M
$40.3M
Q4 24
$4.7M
$40.9M
Q3 24
$9.8M
$14.8M
Q2 24
$4.3M
$8.7M
Q1 24
$2.6M
$11.1M
Total Debt
ASLE
ASLE
RNGR
RNGR
Q4 25
$1.3M
Q3 25
$1.5M
Q2 25
$907.0K
Q1 25
$1.1M
Q4 24
$1.2M
$0
Q3 24
$376.0K
$0
Q2 24
$522.0K
$0
Q1 24
$3.5M
$0
Stockholders' Equity
ASLE
ASLE
RNGR
RNGR
Q4 25
$424.4M
$300.1M
Q3 25
$417.1M
$270.0M
Q2 25
$415.9M
$276.9M
Q1 25
$406.5M
$272.6M
Q4 24
$455.6M
$273.8M
Q3 24
$451.5M
$267.6M
Q2 24
$449.8M
$260.5M
Q1 24
$452.0M
$261.7M
Total Assets
ASLE
ASLE
RNGR
RNGR
Q4 25
$640.5M
$419.3M
Q3 25
$646.3M
$372.8M
Q2 25
$646.7M
$381.7M
Q1 25
$646.1M
$376.5M
Q4 24
$604.7M
$381.6M
Q3 24
$601.5M
$373.9M
Q2 24
$598.7M
$359.6M
Q1 24
$571.7M
$355.5M
Debt / Equity
ASLE
ASLE
RNGR
RNGR
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
0.00×
Q3 24
0.00×
0.00×
Q2 24
0.00×
0.00×
Q1 24
0.01×
0.00×

Cash Flow & Capital Efficiency

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

Metric
ASLE
ASLE
RNGR
RNGR
Operating Cash FlowLast quarter
$11.4M
$24.1M
Free Cash FlowOCF − Capex
$9.8M
$17.1M
FCF MarginFCF / Revenue
10.8%
12.0%
Capex IntensityCapex / Revenue
1.7%
4.9%
Cash ConversionOCF / Net Profit
2.11×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$-29.1M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASLE
ASLE
RNGR
RNGR
Q4 25
$11.4M
$24.1M
Q3 25
$-8.9M
$13.6M
Q2 25
$19.8M
$20.7M
Q1 25
$-45.2M
$10.6M
Q4 24
$37.5M
$32.7M
Q3 24
$10.4M
$17.7M
Q2 24
$-15.3M
$22.1M
Q1 24
$-21.5M
$12.0M
Free Cash Flow
ASLE
ASLE
RNGR
RNGR
Q4 25
$9.8M
$17.1M
Q3 25
$-9.8M
$8.0M
Q2 25
$18.6M
$14.4M
Q1 25
$-47.6M
$3.4M
Q4 24
$32.3M
$27.3M
Q3 24
$8.9M
$10.8M
Q2 24
$-18.9M
$6.8M
Q1 24
$-25.0M
$5.5M
FCF Margin
ASLE
ASLE
RNGR
RNGR
Q4 25
10.8%
12.0%
Q3 25
-13.8%
6.2%
Q2 25
17.3%
10.2%
Q1 25
-72.4%
2.5%
Q4 24
34.0%
19.1%
Q3 24
10.7%
7.1%
Q2 24
-24.6%
4.9%
Q1 24
-27.7%
4.0%
Capex Intensity
ASLE
ASLE
RNGR
RNGR
Q4 25
1.7%
4.9%
Q3 25
1.3%
4.3%
Q2 25
1.1%
4.5%
Q1 25
3.7%
5.3%
Q4 24
5.6%
3.8%
Q3 24
1.9%
4.5%
Q2 24
4.7%
11.1%
Q1 24
3.9%
4.7%
Cash Conversion
ASLE
ASLE
RNGR
RNGR
Q4 25
2.11×
7.53×
Q3 25
11.33×
Q2 25
2.31×
2.84×
Q1 25
17.67×
Q4 24
13.89×
5.64×
Q3 24
20.52×
2.03×
Q2 24
4.70×
Q1 24
-3.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASLE
ASLE

Products$57.8M64%
Maintenance$23.2M26%
Leasing Arrangements$9.9M11%

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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