See more : Digital Value S.p.A. (DGV.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Air Lease Corporation (AL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Air Lease Corporation, a leading company in the Rental & Leasing Services industry within the Industrials sector.
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Air Lease Corporation (AL)
About Air Lease Corporation
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.68B | 2.32B | 2.09B | 2.02B | 2.02B | 1.68B | 1.52B | 1.42B | 1.22B | 1.05B | 858.68M | 645.85M | 332.72M |
| Cost of Revenue | 1.72B | 1.46B | 1.34B | 1.21B | 1.10B | 892.01M | 766.27M | 707.94M | 633.40M | 529.48M | 448.78M | 346.64M | 157.17M |
| Gross Profit | 961.30M | 858.42M | 743.43M | 803.02M | 916.77M | 787.69M | 750.11M | 711.11M | 589.44M | 521.02M | 409.90M | 299.22M | 175.55M |
| Gross Profit Ratio | 35.80% | 37.04% | 35.60% | 39.84% | 45.45% | 46.89% | 49.47% | 50.11% | 48.20% | 49.60% | 47.74% | 46.33% | 52.76% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 34.62M | 15.60M | 26.52M | 17.63M | 20.75M | 17.48M | 19.80M | 16.94M | 17.02M | 16.05M | 21.61M | 31.69M | 39.34M |
| Selling & Marketing | 186.02M | 156.86M | 125.28M | 95.68M | 123.65M | 97.37M | 91.32M | 82.99M | 76.96M | 82.42M | 71.21M | 56.45M | 44.56M |
| SG&A | 220.63M | 172.46M | 151.80M | 113.31M | 144.40M | 114.85M | 111.13M | 99.93M | 93.98M | 98.47M | 92.83M | 88.14M | 83.90M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 220.63M | 172.46M | 151.80M | 113.31M | 144.40M | 114.85M | 111.13M | 99.93M | 93.98M | 98.47M | 92.83M | 88.14M | 83.90M |
| Cost & Expenses | 1.25B | 1.63B | 1.50B | 1.33B | 1.24B | 1.01B | 877.40M | 807.88M | 727.38M | 627.95M | 541.61M | 434.78M | 241.07M |
| Interest Income | 0.00 | 546.18M | 513.02M | 474.76M | 434.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.89M | 4.02M |
| Interest Expense | 54.05M | 53.25M | 50.62M | 43.03M | 36.69M | 32.71M | 29.45M | 30.94M | 30.51M | 27.77M | 23.63M | 16.99M | 9.48M |
| Depreciation & Amortization | 1.07B | 965.96M | 882.56M | 780.69M | 702.81M | 581.99M | 508.35M | 452.68M | 397.76M | 336.66M | 280.04M | 216.22M | 112.31M |
| EBITDA | 1.88B | 1.37B | 1.47B | 1.47B | 1.48B | 1.25B | 1.15B | 1.06B | 893.22M | 759.21M | 597.11M | 437.19M | 249.49M |
| EBITDA Ratio | 69.89% | 71.29% | 70.59% | 72.96% | 73.14% | 74.71% | 75.66% | 74.97% | 73.04% | 72.27% | 69.54% | 67.69% | 62.51% |
| Operating Income | 1.43B | 685.97M | 591.64M | 689.70M | 772.38M | 672.84M | 638.98M | 611.18M | 495.46M | 422.55M | 317.07M | 211.07M | 91.65M |
| Operating Income Ratio | 53.27% | 29.60% | 28.33% | 34.22% | 38.30% | 40.06% | 42.14% | 43.07% | 40.52% | 40.22% | 36.93% | 32.68% | 27.55% |
| Total Other Income/Expenses | -676.56M | -824.73M | -539.53M | -492.39M | -36.69M | -32.71M | -29.45M | -30.94M | -102.51M | -27.77M | -23.63M | -16.99M | -12.83M |
| Income Before Tax | 753.63M | -138.77M | 541.02M | 646.68M | 735.69M | 640.14M | 609.53M | 580.24M | 392.95M | 394.78M | 293.44M | 203.97M | 82.84M |
| Income Before Tax Ratio | 28.07% | -5.99% | 25.91% | 32.09% | 36.48% | 38.11% | 40.20% | 40.89% | 32.13% | 37.58% | 34.17% | 31.58% | 24.90% |
| Income Tax Expense | 139.01M | -41.74M | 104.38M | 130.41M | 148.56M | 129.30M | -146.62M | 205.31M | 139.56M | 138.78M | 103.03M | 72.05M | 29.61M |
| Net Income | 614.62M | -97.02M | 436.63M | 516.26M | 587.12M | 510.84M | 756.15M | 374.93M | 253.39M | 256.00M | 190.41M | 131.92M | 53.23M |
| Net Income Ratio | 22.89% | -4.19% | 20.91% | 25.62% | 29.11% | 30.41% | 49.87% | 26.42% | 20.72% | 24.37% | 22.17% | 20.43% | 16.00% |
| EPS | 5.16 | -0.87 | 3.58 | 4.41 | 5.14 | 4.60 | 7.33 | 3.65 | 2.47 | 2.51 | 1.88 | 1.31 | 0.59 |
| EPS Diluted | 5.14 | -0.87 | 3.57 | 4.39 | 5.09 | 4.55 | 6.82 | 3.44 | 2.34 | 2.38 | 1.80 | 1.28 | 0.59 |
| Weighted Avg Shares Out | 111.01M | 111.63M | 114.05M | 113.68M | 111.90M | 111.01M | 103.19M | 102.80M | 102.59M | 102.14M | 101.53M | 100.99M | 89.59M |
| Weighted Avg Shares Out (Dil) | 111.44M | 111.63M | 114.45M | 114.01M | 113.09M | 112.36M | 111.66M | 110.80M | 110.63M | 110.19M | 108.96M | 107.66M | 90.42M |
Air Lease Corporation (AL) Q2 2024 Earnings Call Transcript
Air Lease Corporation (NYSE:AL ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Jason Arnold - Head of IR Steven Hazy - Executive Chairman John Plueger - CEO and President Gregory Willis - EVP and...
Air Lease (AL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Air Lease (AL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Air Lease (AL) Lags Q2 Earnings and Revenue Estimates
Air Lease (AL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.10 per share a year ago.
Sila Realty Trust, Inc. Completes $28.25 Million Acquisition of Fort Smith Inpatient Rehabilitation Facility
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. Completes $28.25 Million Acquisition of Fort Smith Inpatient Rehabilitation Facility.
Air Lease (AL) Reports Next Week: Wall Street Expects Earnings Growth
Air Lease (AL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Air Lease Corporation Announces Delivery of First of 19 New Airbus Aircraft to Condor, Germany
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo to Condor. This aircraft is the first of 19 new Airbus aircraft confirmed to deliver to the airline from ALC's orderbook with Airbus through...
Air Lease (AL) Reports Rosy Second-Quarter Activity Update
Air Lease (AL) rides on its robust fleet size, contributing to an encouraging activity update for the second quarter of 2024.
Are Investors Undervaluing Air Lease (AL) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Best Momentum Stocks to Buy for July 9th
CVNA, AL and TRDA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 9, 2024.
New Strong Buy Stocks for July 9th
CVNA, TRDA, BMBL, APEI and AL have been added to the Zacks Rank #1 (Strong Buy) List on July 9, 2024.
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Category: Stock Reports