AerCap Holdings' Higher EPS and Dividend Hike Raises Questions on Investment Narrative

AerCap Holdings reported Q4 2025 revenue of $2.24bn and net income of $632.8m, with a quarterly dividend of $0.40 per share. The stronger earnings per share performance reinforces the company's cash flow story, but investors must weigh this against high leverage, airline counterparty exposure, and the possibility of lower profit forecasts. The share price has been on the slide but might be undervalued, with fair value estimates ranging from $111 to $152 per share.