See more : Plaza Holdings Co.,Ltd. (7502.T) 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 Announces Lease Placement of Three New Boeing 787 Aircraft with Thai Airways International
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International. These three Dreamliner aircraft are confirmed to deliver to the Thai carrier in 2025 from ALC's order book...
Air Lease Corporation Announces Pricing of Offering of C$400 Million of Senior Unsecured Medium-Term Notes
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”). The sale...
Air Lease (AL) Q4 Earnings & Revenues Beat Estimates
Air Lease (AL) surpasses Q4 estimates as fleet expands and lease revenues surge.
Air Lease Corporation (AL) Q4 2023 Earnings Call Transcript
Air Lease Corporation (AL) Q4 2023 Earnings Call Transcript
Compared to Estimates, Air Lease (AL) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Air Lease (AL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago...
Air Lease (AL) Surpasses Q4 Earnings and Revenue Estimates
Air Lease (AL) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.21 per share a year ago.
Air Lease Corporation Announces Fourth Quarter & Fiscal Year 2023 Results
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2023. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform...
What Analyst Projections for Key Metrics Reveal About Air Lease (AL) Q4 Earnings
Get a deeper insight into the potential performance of Air Lease (AL) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Air Lease Corporation: Book Value Warrants A Buy Rating
AL stock has gained 14.6% since November 2022, but it did not outperform the broader markets. Analyst expectations for Q4 2023 earnings project 12% revenue growth but flat earnings per share. The lack of supply of new jets and higher...
Analysts Estimate Air Lease (AL) to Report a Decline in Earnings: What to Look Out for
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.
Source: https://incomestatements.info
Category: Stock Reports