COMPARE · Reviewed August 3, 2026
AER vs PRG
Verdict: Side-by-side breakdown using the Bull Rankings model. AER scored 60.1, PRG scored 57.9 — AER leads.
Compare another set
Different reporting periods. PRG's fundamentals are as of June 2026, but AER's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
AER
AerCap Holdings N.V.
60.1
$154.87 · $24.3B
fundamentals as of
Score gap
2.2
AER leads
PRG
PROG Holdings, Inc.
57.9
$45.81 · $1.8B
fundamentals as of
The model, pillar by pillar (0–100 each)
AER
stronger →← stronger
PRG
64
Qualityreturns · margins · balance sheet
65
46
Growthrevenue & earnings expansion
45
73
Valuevaluation vs sector peers
66
AER is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
AER
PRG
$3.6bB
FCF
$319mC
+6.5%C+
Rev
+0.4%C
2.33D
D/E
1.10C+
7.6xA
P/E
14.8xA-
0.80A-
PEG
0.93B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
AER
PRG
50% below
Price vs fair valuelower is cheaper
50% below
~-16%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-9%/yr
+117%
1-yr DCF upside
+76%
+101%
5-yr DCF upside
+101%
+81%
10-yr DCF upside
+140%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
AER
Why this score
- Buying back stock
- Raising its dividend
PRG
Why this score
- Raising its dividend
The companies
AERAerCap Holdings N.V.
Why now
Rental & Leasing Services · market cap $24.3b. Trading near 52-week high of $156.33 — momentum setup, limited technical margin of safety. PEG 0.80 — paying under fair value for the growth rate. 10 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $179.30 (implying +16% upside).
Moat
Net margin 44% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 20% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 96% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 2.33 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trading within 1% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction.
PRGPROG Holdings, Inc.
Why now
Rental & Leasing Services · market cap $1.8b. 4% off the 52-week high of $47.73. PEG 0.93 — paying under fair value for the growth rate. 7 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $53.43 (implying +17% upside).
Moat
ROE 18% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Beta 1.79 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.