Air Lease Corporation | Mid-cap | Industrials
$56.82
-0.47%
| Air Lease Stock Comparison:
Air Lease vs United RentalsAir Lease vs Aercap Holdings N.VAir Lease vs Ryder SystemAir Lease vs GATXAir Lease vs WillScot Mobile MiniAir Lease vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.7B
Gross Profit 807.9M 29.55%
Operating Income 588.1M 21.51%
Net Income 427.7M 15.65%

Balance Sheet Metrics

Total Assets 32.3B
Total Liabilities 24.7B
Shareholders Equity 7.5B
Debt to Equity 3.29

Cash Flow Metrics

Operating Cash Flow 1.9B
Free Cash Flow -2.9B

Revenue & Profitability Trend

Air Lease Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 2.7B 2.7B 2.3B 2.1B 2.0B
Cost of Goods Sold 1.9B 1.7B 1.5B 1.3B 1.2B
Gross Profit 807.9M 961.3M 858.4M 743.4M 803.0M
Operating Expenses 219.8M 220.6M 172.5M 151.8M 113.3M
Operating Income 588.1M 740.7M 686.0M 591.6M 689.7M
Pre-tax Income 533.3M 753.6M -138.8M 541.0M 646.7M
Income Tax 105.6M 139.0M -41.7M 104.4M 130.4M
Net Income 427.7M 614.6M -97.0M 436.6M 516.3M
EPS (Diluted) - $5.14 -$1.24 $3.57 $4.39

Income Statement Trend

Air Lease Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 476.1M 464.5M 780.0M 1.1B 1.8B
Non-Current Assets 31.8B 30.0B 27.6B 25.9B 23.5B
Total Assets 32.3B 30.5B 28.4B 27.0B 25.2B
Liabilities
Current Liabilities 1.4B 1.3B 844.6M 750.6M 635.4M
Non-Current Liabilities 23.3B 22.0B 20.9B 19.2B 18.5B
Total Liabilities 24.7B 23.3B 21.8B 20.0B 19.1B
Equity
Total Shareholders Equity 7.5B 7.2B 6.6B 7.0B 6.1B

Balance Sheet Composition

Air Lease Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 427.7M 614.6M -97.0M 436.6M 516.3M
Operating Cash Flow 1.9B 2.0B 723.8M 1.4B 1.1B
Investing Activities
Capital Expenditures -3.0B -2.8B -3.4B -3.1B -2.5B
Investing Cash Flow -3.0B -2.8B -3.4B -3.1B -2.5B
Financing Activities
Dividends Paid -141.2M -130.5M -125.0M -101.5M -83.6M
Financing Cash Flow 1.4B 716.0M 1.7B 1.1B 2.9B
Free Cash Flow -2.9B -2.8B -2.3B -1.9B -1.6B

Cash Flow Trend

Air Lease Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.87
Forward P/E 12.36
Price to Book 0.80
Price to Sales 2.25
PEG Ratio 12.36

Profitability Ratios

Profit Margin 24.77%
Operating Margin 49.07%
Return on Equity 9.22%
Return on Assets 2.77%

Financial Health

Current Ratio 0.40
Debt to Equity 252.90
Beta 1.38

Per Share Data

EPS (TTM) $5.72
Book Value per Share $70.38
Revenue per Share $25.21

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
al 6.3B 9.87 0.80 9.22% 24.77% 252.90
United Rentals 48.0B 19.13 5.46 30.17% 16.38% 159.21
Aercap Holdings N.V 20.9B 10.23 1.18 12.52% 26.53% 269.26
Ryder System 6.4B 13.42 2.12 16.55% 3.96% 293.87
GATX 5.5B 19.64 2.17 11.84% 17.73% 350.34
WillScot Mobile Mini 5.0B 344.88 5.00 1.28% 0.63% 383.88

Financial data is updated regularly. All figures are in the company's reporting currency.