Air Lease Corporation (AL) Income Statement Analysis

See more : Silver Spike Investment Corp. (SSIC) 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)

Industry: Rental & Leasing Services

Sector: Industrials

Website: https://www.airleasecorp.com

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 Announces Pricing of Offering of €600 Million of Senior Unsecured Medium-Term Notes

March 21, 2024businesswire.com

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on March 20, 2024 of its offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”). The sale of...

Air Lease Corporation Announces Lease Placement of Two New Airbus A321neo Aircraft with Transavia

March 20, 2024businesswire.com

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia. Confirmed to deliver in late 2025 and early 2026, these two new Airbus A321-200neos join seven A321-200neos ALC has leased...

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March 11, 2024businesswire.com

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the J.P....

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Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

March 1, 2024prnewswire.com

NEW YORK , March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading...