AER vs. MAIR: AerCap vs. Madison Air Stock Comparison
How do AerCap (AER) and Madison Air (MAIR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AerCap (AER) and Madison Air (MAIR) both fall under the Capital Goods industry group, but AER is classified in Trading Companies & Distributors while MAIR is classified in Building Products.
AerCap (AER) has been public since November 21, 2006 with a meaningfully longer listed history, while Madison Air (MAIR) only listed on April 16, 2026 — long-window metrics on the MAIR side should be interpreted with caution.
| Profile Item | AER | MAIR |
|---|---|---|
| Name | AerCap Holdings N.V. | Madison Air Solutions Corporation Class A Common Stock |
| Country/Region | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Building Products |
| GICS Sub-Industry | Trading Companies & Distributors | Building Products |
| Market Capitalization | 25.76 billion USD | 11.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 21, 2006 | April 16, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AER | MAIR |
|---|---|---|
| Total Return (1Y) | 32.17% | -- |
| Total Return (3Y, Annualized) | 39.43% | -- |
| Total Return (5Y, Annualized) | 21.06% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AER | MAIR |
|---|---|---|
| Volatility (1Y, Annualized) | 26.10% | 57.10% |
| Beta (5Y) | 0.95 | 1.60 |
| Max Drawdown (5Y) | -44.81% | -51.16% |
| Avg. Volume (3M) | 1.13M | 2.60M |
Risk-Adjusted Performance
Risk-Return Positioning
Both AER and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | AER | MAIR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.07 | -- |
| Sortino Ratio (1Y) | 1.59 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: AerCap (AER) earns 17.00% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.
AER
Capital Goods industry group
17.00%
- Max
- 40.55%
- Q3
- 19.29%
- AER
- 17.00%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MAIR
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- MAIR
- --
Net Margin (TTM)
AerCap (AER) at 34.47% converts revenue to bottom-line profit above its industry’s benchmark range, while Madison Air (MAIR) at 3.73% keeps roughly the typical share for its industry.
AER
Capital Goods industry group
34.47%
- AER
- 34.47%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MAIR
Capital Goods industry group
3.73%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MAIR
- 3.73%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
AerCap (AER) at 62.55% shows unusually strong operating efficiency — above its industry’s operating margin range — and Madison Air (MAIR) at 19.76% also operates in the top quartile.
AER
Capital Goods industry group
62.55%
- AER
- 62.55%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MAIR
Capital Goods industry group
19.76%
- Max
- 36.60%
- MAIR
- 19.76%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AER | MAIR |
|---|---|---|
| ROE (TTM) | 17.00% | -- |
| ROA (TTM) | 4.52% | -- |
| Net Margin (TTM) | 34.47% | 3.73% |
| Operating Margin (TTM) | 62.55% | 19.76% |
| Gross Margin (TTM) | 63.02% | 39.06% |
Growth
Revenue Growth
Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while AerCap (AER) at 6.50% is closer to the peer norm — faster top-line expansion for MAIR.
EPS Growth
AerCap (AER) at 97.41% sits in the top EPS growth quartile, while Madison Air (MAIR) at -2.32% is closer to the peer norm — faster per-share earnings growth for AER.
Growth Metrics
| Metric | AER | MAIR |
|---|---|---|
| Revenue Growth (YoY) | 6.50% | 34.07% |
| Revenue Growth (3Y CAGR) | 6.69% | -- |
| EPS Growth (YoY) | 97.41% | -2.32% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both AerCap (AER) at 1.45 and Madison Air (MAIR) at 1.82 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AER
Capital Goods industry group
1.45
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- AER
- 1.45
- Q1
- 1.43
- Min
- 0.36
MAIR
Capital Goods industry group
1.82
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- MAIR
- 1.82
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Madison Air (MAIR) at 0.87 carries an industry-typical debt-to-equity mix, while AerCap (AER) at 2.33 uses more debt funding than most peers.
AER
Capital Goods industry group
2.33
- AER
- 2.33
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
MAIR
Capital Goods industry group
0.87
- Max
- 2.33
- Q3
- 1.12
- MAIR
- 0.87
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AER | MAIR |
|---|---|---|
| Current Ratio (MRQ) | 1.45 | 1.82 |
| Debt / Equity (MRQ) | 2.33 | 0.87 |
| Net Debt / EBITDA | 7.77 | 3.37 |
Dividends
Dividend Yield (TTM)
Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile AerCap (AER) reports a yield of 0.96%, ranking against industry peers normally.
AER
Capital Goods industry group
0.96%
- Max
- 2.66%
- Q3
- 1.14%
- AER
- 0.96%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile AerCap (AER) reports a payout of 7.52%, ranking against industry peers normally.
AER
Capital Goods industry group
7.52%
- Max
- 67.39%
- Q3
- 28.02%
- AER
- 7.52%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AER | MAIR |
|---|---|---|
| Dividend Yield (TTM) | 0.96% | 0.00% |
| Dividend Payout Ratio (TTM) | 7.52% | 0.00% |
Valuation
P/E Ratio (TTM)
AerCap (AER) at 8.67 sits in the cheaper P/E ratio quartile, while Madison Air (MAIR) at 164.57 trades above its peer range — a wide earnings-valuation gap relative to industry peers.
AER
Capital Goods industry group
8.67
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- AER
- 8.67
- Min
- 3.03
MAIR
Capital Goods industry group
164.57
- MAIR
- 164.57
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both AerCap (AER) at 2.84 and Madison Air (MAIR) at 3.09 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AER
Capital Goods industry group
2.84
- Max
- 7.54
- Q3
- 3.76
- AER
- 2.84
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MAIR
Capital Goods industry group
3.09
- Max
- 7.54
- Q3
- 3.76
- MAIR
- 3.09
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
AerCap (AER) at 1.36 sits in the lower P/B ratio quartile against book while Madison Air (MAIR) at 3.17 is valued near its industry’s middle — AER is cheaper on assets, though weigh it against ROE and asset quality.
AER
Capital Goods industry group
1.36
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- AER
- 1.36
- Min
- -1.08
MAIR
Capital Goods industry group
3.17
- Max
- 9.66
- Q3
- 5.00
- MAIR
- 3.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AER | MAIR |
|---|---|---|
| P/E Ratio (TTM) | 8.67 | 164.57 |
| P/S Ratio (TTM) | 2.84 | 3.09 |
| P/B Ratio (MRQ) | 1.36 | 3.17 |
| Free Cash Flow Yield (TTM) | -6.60% | -- |