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AER

AerCap Holdings N.V.
CIK 0001378789 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
38.5
composite · 4 signals · CLEAN

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Signals

P-07 · FY 2021-12-31 · TRIGGERED51.7

Pension underfunding

[FY2021 data, stale — no more recent pension disclosure in XBRL] DB plan 74% funded — -$49M deficit (0% of equity)
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2024-09-13) ↗
Evidence — inputs and thresholds
{
  "benefit_obligation": 188697000,
  "plan_assets": 140152000,
  "funded_ratio": 0.7427,
  "deficit": -48545000,
  "deficit_vs_equity": 0.0029,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1378789/000137878924000030/0001378789-24-000030-index.htm",
    "form": "20-F/A",
    "filed": "2024-09-13"
  }
}
P-01 · FY 2025-12-31 · CLEAN28.7

Earnings quality

Beneish M-Score -2.49 — no manipulation profile
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-02-12) ↗
Evidence — inputs and thresholds
{
  "m_score": -2.494,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1.075,
    "SGI": 1.065,
    "DEPI": 1,
    "SGAI": 1.048,
    "LVGI": 0.959,
    "TATA": -0.023
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "DEPI"
  ],
  "sloan_accruals": -0.023,
  "inputs": {
    "revenue_t": 8516668000,
    "revenue_t1": 7996644000,
    "total_assets_t": 71671790000,
    "net_income_t": 3750612000,
    "cfo_t": 5393124000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1378789/000162828026007513/0001628280-26-007513-index.htm",
    "form": "20-F",
    "filed": "2026-02-12"
  }
}
P-05 · FY 2025-12-31 · CLEAN45.0

Tax arbitrage

ETR 13.6% — within normal range of statutory
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-02-12) ↗
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.1357,
    "2024-12-31": 0.143,
    "2023-12-31": 0.0889
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.0743,
    "2024-12-31": 0.067,
    "2023-12-31": 0.1211
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1378789/000162828026007513/0001628280-26-007513-index.htm",
    "form": "20-F",
    "filed": "2026-02-12"
  }
}
P-12 · FY 2025-12-31 · CLEAN12.9

Restatement predictor

F-Score 0.39 — at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-02-12) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.387,
  "probability": 0.00143,
  "components": {
    "rsst": -0.023,
    "drec": null,
    "dinv": 0.0003,
    "soft": 0.1744,
    "dcs": 0.065,
    "droa": 0.023,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1378789/000162828026007513/0001628280-26-007513-index.htm",
    "form": "20-F",
    "filed": "2026-02-12"
  }
}