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Air Lease Corp Class A
Previous close
$48.64
Day range
$48.61 - $49.70
Year range
$33.33 - $51.77
Market cap
5.43B USD
Avg Volume
2.14M
P/E ratio
9.48
Dividend yield
1.72%
Primary exchange
NYSE
Market news
.INX
0.22%
0.058%
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 716.57M | 19.11% |
Operating expense | 61.08M | 18.23% |
Net income | 221.05M | 52.12% |
Net profit margin | 30.85 | 27.74% |
Earnings per share | 1.92 | 35.21% |
EBITDA | — | — |
Effective tax rate | 17.02% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 460.87M | -39.87% |
Total assets | 30.45B | 7.24% |
Total liabilities | 23.29B | 7.09% |
Total equity | 7.16B | — |
Shares outstanding | 111.03M | — |
Price to book | 0.75 | — |
Return on assets | 3.18% | — |
Return on capital | 3.68% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 221.05M | 52.12% |
Cash from operations | 464.57M | 9.68% |
Cash from investing | -1.11B | -61.15% |
Cash from financing | 593.88M | 925.65% |
Net change in cash | -51.24M | 84.79% |
Free cash flow | -1.61B | -4,054.18% |
About
Air Lease Corporation is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.
At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.
Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.
As of August 2018, Air Lease owns 271 aircraft, 38.9% of which are Boeing 737-800s, and had 391 aircraft on order. Wikipedia
Founded
Feb 2010
Headquarters
Website
Employees
163