See more : Prenetics Global Limited (PRENW) 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 (AL) Earnings Expected to Grow: Should You Buy?
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.
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Is Air Lease (AL) Outperforming Other Transportation Stocks This Year?
Here is how Air Lease (AL) and Costamare (CMRE) have performed compared to their sector so far this year.
Should Value Investors Buy Air Lease (AL) Stock?
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Here's Why Air Lease (AL) is a Strong Value Stock
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Air Lease Corporation Activity Update for the First Quarter of 2024
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024. As of March 31, 2024, ALC's fleet was comprised of 472 owned aircraft and...
Why Air Lease (AL) is Poised to Beat Earnings Estimates Again
Air Lease (AL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
UPS Boosts Shipment Delivery Between Asia-Pacific & Australia
Following the introduction of the new service by UPS, shipments picked up from customers in certain Asia-Pacific economies can be delivered to Australia the next business day.
Air Lease Corporation Announces First Quarter 2024 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2024. Investors can participate in the conference call...
Source: https://incomestatements.info
Category: Stock Reports