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AerCap Holdings NV (AerCap Holdings NV) ROCE %

: 2.93% (As of Dec. 2023)
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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. AerCap Holdings NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.93%.


AerCap Holdings NV ROCE % Historical Data

The historical data trend for AerCap Holdings NV's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AerCap Holdings NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.32 2.46 1.73 2.42 3.00

AerCap Holdings NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.83 3.11 3.14 2.93

AerCap Holdings NV ROCE % Calculation

AerCap Holdings NV's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2067.078/( ( (69726.918 - 1359.738) + (71274.559 - 1620.135) )/ 2 )
=2067.078/( (68367.18+69654.424)/ 2 )
=2067.078/69010.802
=3.00 %

AerCap Holdings NV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=2045.644/( ( (71593.664 - 1526.381) + (71274.559 - 1620.135) )/ 2 )
=2045.644/( ( 70067.283 + 69654.424 )/ 2 )
=2045.644/69860.8535
=2.93 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AerCap Holdings NV  (NYSE:AER) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


AerCap Holdings NV ROCE % Related Terms

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AerCap Holdings NV (AerCap Holdings NV) Business Description

Traded in Other Exchanges
Address
65 St. Stephen's Green, AerCap House, Dublin, IRL, D02 YX20
AerCap Holdings NV is an aircraft leasing company. Its major activities include leasing, financing, sales, and management of commercial aircraft and engines. It also provides aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts. Its geographical segments include China, United States, and Other countries.
Executives
Michael George Walsh director 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Michael Gradon director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Aengus Kelly officer: Chief Executive Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Den Dikken Wouter Marinus officer: Chief Operating Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Peter Juhas officer: Chief Financial Officer 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Philip Gene Scruggs officer: Chief Comm. Off. and President AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Robert G Warden director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Marius Jonkhart director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Al Noaimi Salem Rashed Abdulla Ali director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Paul T Dacier director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Pieter Korteweg director C/O CERBERUS CAPITAL MANAGEMENT L.P., 299 PARK AVENUE - 22ND FLOOR, NEW YORK NY 10171
Robert H Benmosche director 180 MAIDEN LANE, NEW YORK NY 10038