
AerSale Corporation
NASDAQ•ASLE
CEO: Mr. Nicolas Finazzo
Sector: Industrials
Industry: Airlines, Airports & Air Services
Listing Date: 2019-02-28
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
Contact Information
Market Cap
$316.14M
P/E (TTM)
43.0
11.9
Dividend Yield
--
52W High
$9.12
52W Low
$5.56
52W Range
Rank43Top 38.2%
4.2
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Average • 4.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2024
Financial Dashboard
Q3 2025 Data
Revenue
$71.19M-13.90%
4-Quarter Trend
EPS
$0.03+196.88%
4-Quarter Trend
FCF
-$10.56M-232.16%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
TechOps Gross Profit Surge TechOps gross profit increased 84.6% to $8.1M for the quarter, driven by focus on higher margin MRO work.
Nine Month Gross Profit Stable Nine-month gross profit reached $74.8M, showing 0.8% growth despite total revenue declining 2.4% to $244.3M.
Total Assets Increased Total assets grew to $646.3M as of September 30, 2025, up from $604.7M at year-end 2024.
Stock Repurchase Funded Financing provided $40.3M cash, including funding the $45.0M common stock repurchase executed in Q1 2025.
Risk Factors
Quarterly Revenue Significantly Down Quarterly revenue dropped 13.9% to $71.2M, primarily due to a 22.2% revenue decrease in Asset Management.
Quarterly Net Loss Recorded Reported net loss of $(120K) for the quarter, reversing prior year's net income of $509K.
Increased Debt Utilization Noted Outstanding balance on Revolving Credit Agreement increased substantially to $123.8M as of September 30, 2025.
Geopolitical Supply Chain Risks Geopolitical instability and trade policies create uncertainty regarding materials sourcing and potential delivery delays.
Outlook
Liquidity Sufficient Twelve Months Equity base and existing debt availability deemed sufficient to maintain operations through the next twelve months.
TechOps Margin Expansion Focus TechOps margin increased to 25.3% due to efficiency initiatives and focus on higher margin MRO services.
Debt Covenants Compliance Maintained Company remains in compliance with financial and nonfinancial covenants for both Revolving Credit and CIBC loans.
Future Growth Funding Strategy Future growth relies on internally generated capital, operations cash flow, and existing debt facility availability.
Peer Comparison
Revenue (TTM)
$2.55B
$1.64B
$835.92M
Gross Margin (Latest Quarter)
39.0%
31.3%
ASLE30.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ORN | $414.17M | 43.3 | 6.2% | 10.2% |
| WNC | $374.37M | 1.5 | 74.6% | 33.9% |
| TITN | $367.18M | -5.9 | -10.1% | 56.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-9.1%
Growth Under Pressure
4Q Net Income CAGR
-20.7%
Declining Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 7, 2025|Revenue: $71.19M-13.9%|EPS: $0.03+196.9%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $107.38M+39.3%|EPS: $0.18-362.4%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $65.78M-27.4%|EPS: $-0.10-183.3%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 11, 2025|Revenue: $345.07M+3.2%|EPS: $0.11+173.3%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 8, 2024|Revenue: $82.68M-10.6%|EPS: $0.01-431.0%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 7, 2024|Revenue: $77.10M+11.2%|EPS: $-0.07+30.7%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $90.54M+15.7%|EPS: $0.12+119900.0%BeatForm 10-K/A - FY 2023
Period End: Dec 31, 2023|Filed: Mar 27, 2024|Revenue: $334.50M-18.1%|EPS: $-0.15-117.6%Miss