AerSale Corporation (ASLE) Stock

AerSale Corporation (ASLE) is a Consumer Discretionary stock trading at $5.57 (as of 2026-08-21), with a market capitalization of $295.16M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

AerSale Corporation supports the commercial aviation aftermarket through asset management and technical aviation services. Its two segments handle transactions and disassembly of aircraft, engines, and airframes for parts, and provide maintenance, modification, component MRO, conversions, storage, and related services for airlines, leasing firms, OEMs, defense/government contractors, and MRO providers.

Understand AerSale Corporation: how it makes money

AerSale sells and leases aftermarket commercial aircraft and engine equipment, and it also performs maintenance, repair, and overhaul (MRO) technical work through its Asset Management Solutions and Technical Operations segments.

Earnings are driven by converting acquired aircraft and engine feedstock into monetizable output through Asset Management Solutions transactions (sale, lease, and disassembly into component parts) and then supporting revenue with Technical Operations (MRO and related technical services).

Revenue by segment (latest quarter)
Asset Mgmt	$0.0B
TechOps	$0.0B
Other	$0.0B

Business quality (Weak): Aftermarket aircraft asset management and technical operations, with negative operating margin in the latest quarter (operating margin -4.7), so performance depends heavily on feedstock acquisition and execution of technical and component monetization.

Valuation: At 30× earnings, ASLE trades 26% above the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

Two-segment operating model: Revenue opportunities come from both Asset Management Solutions (sale and lease of aircraft, engines, and airframes, plus disassembly for components) and Technical Operations (maintenance, repair, and overhaul services).
Feedstock pipeline is tracked: The company highlights feedstock activity such as bids, acquisitions under contract, and feedstock under management, which are core leading indicators for what can be monetized.

Bear case

Profitability pressure: Latest quarter operating margin was negative (operating margin -4.7), which increases sensitivity to execution and demand for aftermarket equipment and services.
Acquisition and monetization risk: Key operating outcomes rely on successfully winning and acquiring feedstock (feedstock win rate and feedstock under management), and weak outcomes there can limit future revenue conversion.

Valuation — source: SEC EDGAR (first-party)
Price	$5.57
Market Cap	$295.16M
EV / EBITDA	31.2
Price / Book	0.70
Price / Sales	1.04
FCF Yield	-43.9%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$335.29M
Net Margin	2.6%
Revenue Growth (YoY)	-2.8%
EPS Growth (YoY)	63.6%
FCF Growth (YoY)	912.9%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.03 (grey)
Piotroski F-Score	4/9 (moderate)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.7
Industry P/E (Wholesale)	24.0

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	M3F, Inc. ($24.78M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Wholesale
CEO	Nicolas Finazzo
Employees	636
Country	US
IPO Date	2019-02-28

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.