What is AerSale's latest dividend and current dividend yield?

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What factors drove the changes in AerSale's revenue and profit?

What were the key takeaways from AerSale's earnings call?

Did AerSale beat or miss consensus estimates last quarter?

What is AerSale's gross profit margin?

What is the market's earnings forecast for AerSale next quarter?

What is the revenue and EPS growth rate for AerSale year over year?

- **Revenue Growth**: Full-year adjusted EBITDA up 38.2% to $46.1 million, driven by component MRO and AerSafe sales.
- **Disciplined Feedstock Buying**: 2026 feedstock purchases expected to drop, with $364 million in deployable inventory.
- **MRO Expansion**: New facilities and capabilities poised to add $100+ million in annual revenue.
- **AerSafe Surge**: 2026 sales to peak ahead of FAA compliance, with engineering pipeline diversifying revenue.
- **Liquidity Strength**: $71.6 million in cash and revolver availability to support growth initiatives.

**【CEO Summary Section】**
- **Q4 2025 Financial Highlights**: Adjusted EBITDA increased 17.1% to $15.2 million, with revenue of $90.9 million. Excluding volatile flight equipment sales, revenue grew 9.8% due to component MRO, USM, leasing, and AerSafe sales. Full-year adjusted EBITDA rose 38.2% to $46.1 million.
- **Feedstock Discipline**: Acquired $99.6 million in feedstock for the year, with a Q4 win rate of 4.8%, reflecting cautious buying in a competitive market.
- **Strategic Initiatives**: Expanded MRO capacity (Goodyear, Roswell, Millington), new aerostructures facility, and FAA approval for 737 MAX/787 landing gear overhaul. AerSafe sales surged ahead of the 2026 FAA compliance deadline.
- **2026 Outlook**: Focus on recurring revenue from USM, leasing, and MRO expansions, with $364 million in deployable inventory.

**【CFO Financial Commentary】**
- **Revenue Breakdown**: Q4 Asset Management revenue ($56.9 million) declined due to fewer flight equipment sales, while TechOps revenue rose 10.7% to $34 million. Full-year TechOps gross margin improved to 25.6%.
- **Cost Efficiency**: SG&A expenses decreased 4.4% to $90 million, driven by lower payroll costs. Cash used in operations was $23 million, ending with $71.6 million in liquidity.
- **Liquidity and Growth**: $150 million of inventory ready for USM deployment and $118 million in whole assets for leasing, supporting 2026 revenue growth.

**【Q&A Highlights】**
- **Feedstock Strategy**: Anticipate lower 2026 purchases due to market competition, with $364 million in existing inventory to fuel growth.
- **GTF Impact**: Storage revenue may decline as GTF engines return, but opportunities exist in returning aircraft to service.
- **AerSafe Momentum**: 2026 sales peak ahead of the compliance deadline, with engineering pipeline diversifying revenue streams.
- **Liquidity Confidence**: Strong balance sheet supports strategic investments without overbuying feedstock.

AerSale Corporation (ASLE) Q4 2025 Earnings Call Transcript

- **Core growth despite headwinds**: Q3 revenue down 14% YoY due to no whole asset sales, but core business (USM + leasing) up 18.5% YoY
- **Margin expansion**: Adjusted EBITDA margin 13.3% vs 10.0% YoY, driven by cost cuts and higher-margin teardown work
- **MRO growth pipeline**: 2026 MRO revenue target $25 million (vs $50 million full capacity)
- **757 P2F momentum**: 1 aircraft leased Q3, 2 under LOI, 3 remaining to place
- **Engine demand surge**: Insatiable demand for narrow-body and wide-body engines, with 6-12 month lead times

**【CEO Summary Section】**
- Q3 2025 revenue: $71.2 million (down 14% YoY) due to absence of engine/aircraft sales, which contributed $22.6 million in Q3 2024.
- Core business growth: Excluding whole asset sales, revenue grew 18.5% YoY to $71.2 million, driven by:
  - USM (Used Serviceable Material) sales: +40.9% YoY
  - Leasing revenue: 15 engines and 1,757 freighter aircraft on lease
- Margin improvement: Adjusted EBITDA $9.5 million (13.3% of sales vs 10.0% YoY), despite no whole asset sales
- Inventory strength: $371.1 million feedstock, including 9 engines available for sale/lease
- 757 P2F program: 1 aircraft leased Q3, 2 under LOI, 3 remaining to place
- AerSafe: $22 million delivered YTD, backlog secured for 2025 targets
- MRO expansion: New facilities at Goodyear, Millington, and Roswell nearing full production

**【CFO Financial Commentary】**
- Q3 2025 financial highlights:
  - Revenue: $71.2 million (vs $82.7 million YoY)
  - Gross margin: 30.2% (vs 28.6% YoY)
  - SG&A: $18.6 million (down 14% YoY)
  - Operating income: $2.9 million (vs $2.0 million YoY)
  - Adjusted EBITDA: $9.5 million (vs $8.2 million YoY)
  - Liquidity: $58.9 million (cash $5.3 million + $53.6 million revolver)
- 2026 outlook:
  - MRO expansion to add $25 million revenue and $4-5 million EBITDA
  - Full year 2026 MRO capacity: $50 million revenue
  - Engine shop delays causing 6-12 month lead times

**【Q&A Key Highlights】**
1. MRO Expansion:
   - 2026 MRO revenue target: $25 million (vs $50 million full capacity)
   - Millington facility signed LOI for regional carrier fleet program
2. 757 P2F Progress:
   - 1 aircraft leased Q3, 2 under LOI, 3 remaining
   - No direct competitors for 757 freighter performance
3. Engine Demand:
   - Insatiable demand for narrow-body (737NG, A320) and wide-body (PW4000, CF6-80) engines
   - Preference for long-term leases over cash sales
4. Facility Transitions:
   - Roswell fully transitioned to teardown/decommissioning
   - Goodyear near full capacity with short-term A320neo work
   - Millington to start with regional carrier program

AerSale Corporation (ASLE) Q3 2025 Earnings Call Transcript

- **Revenue Growth**: Q2 revenue up 39% YoY to $107.4M, driven by flight equipment sales and expanding lease pool
- **Profitability Expansion**: Adjusted EBITDA jumps to $18.3M (vs. $3.2M), with 25% USM sales growth
- **Strategic Momentum**: 
  - $12.9M AerSafe backlog approaching 2026 compliance deadline
  - 6 remaining 757 freighters with renewed customer interest
  - AerAware STC approved, testing with 3+ airlines
- **Financial Strength**: $68.8M liquidity, 32.9% gross margin, $19.8M free cash flow
- **Risk Management**: Disciplined narrow-body engine acquisitions, no balance sheet impairments

**【CEO Summary Section】**
- Q2 2025 revenue reached $107.4 million, up 39% YoY, driven by $33.4 million in flight equipment sales and $74 million in recurring USM/leasing revenue.
- Adjusted EBITDA improved to $18.3 million (vs. $3.2M prior year), with 25% growth in USM sales and 79% expansion in lease pool revenue.
- Key initiatives: 
  - 6 remaining 757 freighter conversions with 1 leased and multiple in discussions
  - $12.9M AerSafe backlog approaching 2026 FAA compliance deadline
  - AerAware STC approved by Transport Canada, with ADS-B In integration in testing
- Acquired $27.1M in feedstock Q2, bringing YTD total to $70.5M, focused on wide-body engines and airframes.
- MRO expansion: new aerostructures facility nearing completion, with 7/8 bays occupied at Goodyear

**【CFO Financial Commentary】**
- Gross margin improved to 32.9% (vs. 28.2% prior year) due to operational efficiency and higher-margin USM sales
- SG&A expenses reduced 3.4% YoY to $22.8M, reflecting cost control initiatives
- Operating income of $12.5M vs. $1.9M prior year, with net income of $8.6M (vs. -$3.6M)
- Liquidity of $68.8M ($5.7M cash + $63.1M revolver) supports growth initiatives
- Free cash flow of $19.8M from operations and asset sales

**【Q&A Highlights】**
- **Asset Strategy**: Focused on wide-body engines (e.g., CF6, Pratt 4000s) with disciplined narrow-body engine acquisitions
- **MRO Progress**: 75% capacity utilization at Goodyear, new aerostructures shop to add $10M+ annual revenue
- **AerAware Timeline**: Unlikely to deliver in 2025, but testing with 3+ airlines progressing
- **Balance Sheet Health**: No impairment risks; strong demand for 757 freighters and cargo equipment

AerSale Corporation (ASLE) Q2 2025 Earnings Call Transcript

- **Core growth resilient**: Excluding whole assets, revenue +23.4% YoY driven by USM and lease expansion.
- **Feedstock acquisition strength**: $43.4M in Q1, 10.4% win rate in tight market.
- **Engine demand surge**: All engine types in high demand, constrained by shop delays.
- **Liquidity stable**: $48.9M available, balanced use of cash and credit facility.
- **2025 outlook**: Whole asset sales could match 2024 levels; EBITDA growth to outpace revenue.

**【CEO Opening Remarks】**
- Q1 2025 revenue: $65.8M (down 27% YoY) due to lower whole asset sales ($1.8M vs. $38.6M). Core business (excluding whole assets) grew 23.4% YoY to $64.0M.
- Key highlights:
  - Asset Management segment: +81.7% YoY (excluding whole assets) driven by USM sales and lease pool expansion.
  - Acquired $43.4M of feedstock, winning 10.4% of deals in a tight market.
  - 757 P2F conversion program: 6 aircraft remaining, strong customer pipeline.
  - Component MRO expansions nearing completion (next 30-60 days).
  - AerSafe backlog: $11M, on track for 2025 targets.

**【CFO Financial Review】**
- Adjusted EBITDA: $3.2M (down 64% YoY) due to lower whole asset sales.
- Cash flow: -$45.2M in Q1 (vs. -$21.5M YoY) from feedstock investments.
- Liquidity: $48.9M (cash + $44.2M credit facility capacity).
- Key metrics:
  - Gross margin: 27.3% (vs. 31.8% YoY).
  - SGA expenses: $24.6M (up 2% YoY).
  - Adjusted net loss: $2.7M (vs. $5.5M YoY profit).

**【Q&A Key Takeaways】**
- Whole asset sales outlook: 21 engines in pipeline, but timing uncertain. 2025 sales could match 2024 levels if market remains strong.
- Market demand: 'Never seen such high engine demand across all types' – constrained by shop turnaround times.
- Lease vs. trade strategy: Balancing risk-adjusted returns; ~10 engines/month available for deployment.
- Cash management: Using credit facility to fund feedstock without increasing leverage.

AerSale (ASLE)-7 May 25-2025 Q1 Earnings call transcript

- **Revenue Resilience**: Q4 2024 revenue flat year-over-year but 35.5% growth in recurring segments, with adjusted EBITDA up 118%.
- **Profitability Boost**: 2024 adjusted EBITDA of $33.4M (+172% YoY) driven by cost control and asset optimization.
- **Growth Drivers**: 2025 focus on lease pool expansion, 757 freighter monetization, MRO capacity, and AerSafe compliance demand.
- **Innovation Momentum**: AerAware adding safety features; AerSafe backlog growing ahead of 2026 FAA deadline.
- **Financial Strength**: $4.7M cash, $138M undrawn revolver, and $10.4M annualized efficiency savings.

**【CEO Opening Remarks】**
- Q4 2024 revenue: $94.7 million (flat vs. Q4 2023), with 35.5% growth excluding volatile whole asset sales.
- Full year 2024 revenue: $345.1 million (+3.2% YoY), driven by 18.7% growth in recurring segments (USM, leasing, MRO).
- Adjusted EBITDA: $13.1 million in Q4 (+118% YoY), $33.4 million for full year (+172% YoY).
- Strategic initiatives: feedstock acquisitions ($61.7M in 2024), lease pool expansion (17 engines/1 757 freighter), and MRO capacity expansion.
- 2025 outlook: top-line growth from lease pool expansion, 757 monetization, MRO demand, and AerSafe compliance deadlines.

**【CFO Financial Review】**
- Q4 2024 metrics:
  - Gross margin: 31.4% (vs. 25.9% Q4 2023)
  - SG&A: $24.8 million (-2.8% YoY)
  - Net income: $2.7 million (vs. -$2.7 million Q4 2023)
  - Adjusted EBITDA: $13.1 million (vs. $6 million Q4 2023)
- Cash flow: $11.2 million free cash flow for 2024, supported by $4.7M cash and $138M undrawn revolver.
- 2025 expectations: incremental revenue from new facilities, efficiency savings ($10.4M annualized), and lower base in Q1.

**【Q&A Highlights】**
1. **AerAware Progress**: 
   - Added features like runway length calculator, tail strike avoidance, and ADS-B In traffic display.
   - Testing ongoing; no orders yet but safety benefits align with recent industry focus.
2. **AerSafe Backlog**: 
   - Current $14M backlog (vs. $11M last year), expected to peak ahead of November 2026 FAA deadline.
   - Airlines scheduling installations during maintenance to avoid operational disruption.
3. **MRO Growth**: 
   - 2024 revenue: $129.6 million (+8.6% YoY)
   - 2025 plan: rightsize Goodyear facility, expand Millington cautiously, and leverage new tech ops capacity.
4. **Feedstock Market**: 
   - Tight supply due to OEM production delays, but AerSale winning 17.2% of bids in Q4 (vs. 10% long-term average).
   - Disciplined approach: focus on high-value, complex assets with multi-use value extraction.

Actual	0.23	0.38	0.22	0.31	0.41	0.47	-0.03	0.23	0.07	-0.03	0.03	-0.02	0.11	-0.05	0.04	0.09	-0.05	0.2	0.04	0.16
Forecast	-0.05	0.07	0.2	0.16	0.1	0.18	0.045	0.19	0.1475	0.1175	0.2075	0.45	0.0425	0.0975	0.0533	0.07	0.0667	0.03	0.175	0.195
Surprise	+560.00%	+442.86%	+10.00%	+93.75%	+310.00%	+161.11%	-166.67%	+21.05%	-52.54%	-125.53%	-85.54%	-104.44%	+158.82%	-151.28%	-24.95%	+28.57%	-174.96%	+566.67%	-77.14%	-17.95%

ASLE

ASLE fundamentals

ASLE Q4 2025 Earnings

Earnings Call

You can ask Aime

ASLE

ASLE fundamentals

ASLE Q4 2025 Earnings

Earnings Call

ASLE Earnings Call Summary for Q4/20254:30 PM on Mar 5, 2026

ASLE Earnings Call Summary for Q3/20254:30 PM on Nov 6, 2025

ASLE Earnings Call Summary for Q2/20254:30 PM on Aug 6, 2025

ASLE Earnings Call Summary for Q1/20254:30 PM on May 7, 2025

ASLE Earnings Call Summary for Q4/20244:30 PM on Mar 6, 2025

You can ask Aime