Background-Diminished serum arylesterase activity, catalyzed by the high-density lipoprotein-associated paraoxonase-1, is associated with heightened systemic oxidative stress and atherosclerosis risk. In the present study, we sought to determine the prognostic role of serum arylesterase activity in subjects with systolic heart failure, particularly in relation to established cardiac biomarkers. Methods and Results-We measured serum arylesterase activity in 760 subjects with impaired left ventricular systolic function (left ventricular ejection fraction Ͻ50%), and prospectively followed major adverse cardiac events (including death, nonfatal myocardial infarction, and stroke) for 3 years. In our study cohort (mean age, 64Ϯ11 years; 74% men; median left ventricular ejection fraction, 35%; median creatinine clearance, 96 mg/dL), mean serum arylesterase activity (98Ϯ25 mol/L/min/mL) was lower compared with that in healthy control subjects (mean, 115Ϯ26 mol/L/min/mL, PϽ0.01) but higher compared with advanced decompensated heart failure subjects (mean, 69Ϯ22 mol/L/min/mL, PϽ0.01).