See more : Fondul Proprietatea SA (FP.L) Income Statement Analysis – Financial Results
Complete financial analysis of Willis Lease Finance Corporation (WLFC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Willis Lease Finance Corporation, a leading company in the Rental & Leasing Services industry within the Industrials sector.
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Willis Lease Finance Corporation (WLFC)
About Willis Lease Finance Corporation
Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses. The Spare Parts Sales segment purchases and resells after-market engine parts, whole engines, engine modules, and portable aircraft components. The company also focuses on engine management and consulting business. It serves commercial aircraft operators, as well as maintenance, repair, and overhaul organizations. As of December 31, 2021, it had a total lease portfolio of 304 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, and with 76 lessees in 40 countries; and managed a total lease portfolio of 475 engines, aircraft, and related equipment for other parties. The company was founded in 1985 and is headquartered in Coconut Creek, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 407.97M | 311.93M | 274.20M | 288.69M | 409.16M | 348.35M | 274.84M | 207.27M | 199.61M | 174.29M | 158.41M | 148.09M | 156.65M | 148.30M | 150.44M | 152.29M | 121.90M | 84.97M | 70.55M | 61.94M | 59.87M | 55.88M | 66.15M | 49.01M | 83.40M | 74.60M | 50.50M | 32.30M | 22.70M |
| Cost of Revenue | 106.13M | 109.09M | 105.43M | 111.30M | 148.88M | 137.84M | 106.87M | 79.57M | 87.45M | 72.92M | 58.73M | 52.59M | 8.39M | 8.12M | 7.15M | 6.14M | 3.82M | 601.00K | 81.00K | 577.00K | 1.27M | 3.05M | 0.00 | 0.00 | 36.70M | 20.90M | 20.20M | 14.10M | 5.20M |
| Gross Profit | 301.84M | 202.83M | 168.77M | 177.39M | 260.28M | 210.51M | 167.97M | 127.70M | 112.16M | 101.37M | 99.69M | 95.50M | 148.26M | 140.18M | 143.29M | 146.15M | 118.08M | 84.37M | 70.47M | 61.36M | 58.60M | 52.83M | 66.15M | 49.01M | 46.70M | 53.70M | 30.30M | 18.20M | 17.50M |
| Gross Profit Ratio | 73.99% | 65.03% | 61.55% | 61.45% | 63.61% | 60.43% | 61.12% | 61.61% | 56.19% | 58.16% | 62.93% | 64.49% | 94.64% | 94.53% | 95.25% | 95.97% | 96.86% | 99.29% | 99.89% | 99.07% | 97.88% | 94.54% | 100.00% | 100.00% | 56.00% | 71.98% | 60.00% | 56.35% | 77.09% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.86M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 144.79M | 106.95M | 75.35M | 67.91M | 86.52M | 72.02M | 55.74M | 47.78M | 42.74M | 35.86M | 33.87M | 34.55M | 35.70M | 29.30M | 26.77M | 30.76M | 23.09M | 20.96M | 16.88M | 14.79M | 13.85M | 14.44M | 13.14M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 20.22M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 81.00K | 577.00K | 1.27M | 3.05M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 165.01M | 106.95M | 75.35M | 67.91M | 86.52M | 72.02M | 55.74M | 47.78M | 42.74M | 35.86M | 33.87M | 34.55M | 35.70M | 29.30M | 26.77M | 30.76M | 23.09M | 20.96M | 16.96M | 15.37M | 15.12M | 17.49M | 13.14M | 11.93M | 17.50M | 15.20M | 9.30M | 5.10M | 3.30M |
| Other Expenses | 0.00 | 0.00 | 9.38M | 6.53M | 8.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -12.86M | 0.00 | 51.59M | 48.70M | 43.22M | 37.44M | 31.14M | 25.56M | 25.29M | 23.20M | 21.69M | 15.38M | 17.45M | 12.42M | 13.70M | 8.30M | 4.20M | 3.20M | 4.70M |
| Operating Expenses | 165.01M | 106.95M | 84.73M | 74.44M | 94.65M | 83.16M | 65.47M | 54.77M | 52.15M | 48.20M | 46.73M | 41.56M | 87.29M | 78.01M | 69.98M | 68.20M | 54.23M | 46.52M | 42.25M | 38.57M | 36.81M | 32.87M | 30.58M | 24.34M | 31.20M | 23.50M | 13.50M | 8.30M | 8.00M |
| Cost & Expenses | 271.14M | 216.04M | 190.16M | 185.75M | 243.53M | 221.00M | 172.34M | 134.35M | 139.60M | 121.11M | 105.46M | 94.15M | 95.69M | 86.12M | 77.13M | 68.20M | 54.23M | 46.52M | 42.25M | 38.57M | 36.81M | 32.87M | 30.58M | 24.34M | 67.90M | 44.40M | 33.70M | 22.40M | 13.20M |
| Interest Income | 0.00 | 7.58M | 55.05M | 63.02M | 66.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 80.00K | 167.00K | 212.00K | 280.00K | 1.89M | 3.80M | 3.08M | 1.54M | 0.00 | 244.00K | 0.00 | 0.00 | 902.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 78.80M | 66.74M | 67.99M | 63.02M | 66.89M | 64.22M | 48.72M | 41.14M | 39.01M | 37.06M | 38.72M | 31.75M | 35.20M | 40.95M | 36.01M | 38.64M | 37.94M | 31.61M | 24.51M | 0.00 | 17.41M | 0.00 | 0.00 | 24.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 90.93M | 88.26M | 90.50M | 94.54M | 86.24M | 76.81M | 66.02M | 66.28M | 69.59M | 65.44M | 58.73M | 52.59M | 51.25M | 48.70M | 44.09M | 37.44M | 35.43M | 29.73M | 28.34M | 23.45M | 21.69M | 19.45M | 18.06M | 14.62M | 13.70M | 8.30M | 4.20M | 3.20M | 4.70M |
| EBITDA | 233.44M | 164.80M | 167.63M | 176.90M | 242.72M | 197.31M | 150.13M | 131.40M | 121.21M | 114.35M | 107.26M | 80.61M | 98.99M | 109.33M | 112.49M | 118.08M | 96.81M | 88.69M | 64.91M | 23.37M | 23.06M | 23.01M | 35.57M | 39.29M | 35.60M | 22.84M | 16.80M | 12.50M | 14.20M |
| EBITDA Ratio | 57.22% | 30.72% | 30.94% | 36.57% | 42.58% | 37.65% | 39.90% | 36.06% | 30.65% | 33.73% | 35.65% | 37.67% | 72.57% | 75.66% | 78.85% | 81.57% | 83.63% | 79.87% | 79.97% | 75.60% | 74.74% | 68.70% | 73.09% | 63.88% | 23.02% | 50.80% | 41.98% | 42.72% | 54.63% |
| Operating Income | 136.83M | 7.57M | -5.66M | 11.05M | 80.30M | 52.47M | 28.85M | 22.13M | 12.97M | 10.51M | 7.77M | 937.00K | 22.59M | 18.57M | 31.45M | 41.20M | 67.67M | 38.45M | 28.29M | 23.37M | 23.06M | 23.01M | 35.57M | 24.67M | 15.50M | 30.20M | 16.80M | 9.90M | 9.50M |
| Operating Income Ratio | 33.54% | 2.43% | -2.07% | 3.83% | 19.63% | 15.06% | 10.50% | 10.68% | 6.50% | 6.03% | 4.91% | 0.63% | 14.42% | 12.52% | 20.90% | 27.05% | 55.51% | 45.25% | 40.11% | 37.74% | 38.52% | 41.18% | 53.77% | 50.33% | 18.59% | 40.48% | 33.27% | 30.65% | 41.85% |
| Total Other Income/Expenses | -69.70M | -75.40M | -51.09M | -85.69M | 8.58M | 3.80M | 7.16M | 1.81M | -42.77M | -41.23M | 3.53M | 1.76M | 1.30M | 1.11M | 942.00K | 797.00K | -39.93M | -28.21M | -22.76M | -18.02M | -17.17M | -18.68M | -23.55M | -15.73M | -2.15M | -719.00K | -3.80M | -4.50M | -4.10M |
| Income Before Tax | 67.13M | 9.79M | 9.14M | 17.34M | 88.88M | 56.27M | 36.01M | 23.95M | 14.14M | 11.84M | 11.30M | 2.70M | 23.89M | 19.68M | 32.39M | 42.00M | 27.73M | 10.24M | 5.54M | 5.36M | 5.89M | 4.33M | 12.02M | 8.94M | 4.30M | 15.80M | 8.80M | 4.80M | 5.40M |
| Income Before Tax Ratio | 16.45% | 3.14% | 3.33% | 6.01% | 21.72% | 16.15% | 13.10% | 11.55% | 7.09% | 6.79% | 7.13% | 1.82% | 15.25% | 13.27% | 21.53% | 27.58% | 22.75% | 12.05% | 7.85% | 8.65% | 9.84% | 7.76% | 18.17% | 18.24% | 5.16% | 21.18% | 17.43% | 14.86% | 23.79% |
| Income Tax Expense | 23.35M | 4.35M | 5.79M | 7.59M | 21.96M | 13.04M | -26.15M | 9.88M | 6.79M | 4.60M | -4.33M | 1.16M | 9.38M | 7.63M | 10.02M | 15.40M | 10.07M | 2.99M | 1.36M | 1.50M | 1.72M | 738.00K | 4.37M | 3.47M | 1.00M | 6.30M | 3.50M | 2.00M | 2.20M |
| Net Income | 40.37M | 5.44M | 3.35M | 9.75M | 66.92M | 43.23M | 62.16M | 14.07M | 7.36M | 7.25M | 15.63M | 1.54M | 14.51M | 12.05M | 22.37M | 26.60M | 17.66M | 7.25M | 4.18M | 3.86M | 4.18M | 3.60M | 6.94M | 7.81M | 3.30M | 9.30M | 7.30M | 2.80M | 3.20M |
| Net Income Ratio | 9.90% | 1.74% | 1.22% | 3.38% | 16.36% | 12.41% | 22.62% | 6.79% | 3.69% | 4.16% | 9.86% | 1.04% | 9.26% | 8.13% | 14.87% | 17.47% | 14.49% | 8.54% | 5.92% | 6.23% | 6.98% | 6.44% | 10.50% | 15.94% | 3.96% | 12.47% | 14.46% | 8.67% | 14.10% |
| EPS | 6.40 | 0.90 | 0.55 | 1.63 | 10.90 | 7.31 | 9.93 | 2.10 | 0.94 | 0.92 | 1.95 | -0.45 | 1.35 | 1.03 | 2.30 | 2.85 | 1.79 | 1.63 | 0.40 | 0.37 | 0.83 | 0.43 | 0.79 | 1.04 | 0.44 | 1.27 | 1.33 | 0.75 | 1.03 |
| EPS Diluted | 6.23 | 0.86 | 0.53 | 1.59 | 10.50 | 7.15 | 9.69 | 2.05 | 0.92 | 0.89 | 1.89 | -0.45 | 1.28 | 0.96 | 2.14 | 2.68 | 1.66 | 1.56 | 0.38 | 0.36 | 0.82 | 0.43 | 0.78 | 1.03 | 0.44 | 1.24 | 1.29 | 0.74 | 1.03 |
| Weighted Avg Shares Out | 6.31M | 6.07M | 6.11M | 5.96M | 5.84M | 5.92M | 6.07M | 6.57M | 7.81M | 7.92M | 8.03M | 8.49M | 8.42M | 8.68M | 8.36M | 8.24M | 8.12M | 9.17M | 9.08M | 10.42M | 8.84M | 8.36M | 8.77M | 7.51M | 7.38M | 7.27M | 5.49M | 3.20M | 3.11M |
| Weighted Avg Shares Out (Dil) | 6.48M | 6.30M | 6.35M | 6.13M | 6.06M | 6.05M | 6.22M | 6.71M | 7.98M | 8.14M | 8.29M | 8.79M | 8.88M | 9.25M | 8.98M | 8.76M | 8.74M | 9.61M | 9.52M | 10.71M | 8.88M | 8.36M | 8.89M | 7.61M | 7.45M | 7.46M | 5.66M | 3.20M | 3.11M |
Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermott
Key Milestone in Development of Advanced Sustainable Aviation Fuel (SAF) Facility in the UK Key Milestone in Development of Advanced Sustainable Aviation Fuel (SAF) Facility in the UK
Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice President
COCONUT CREEK, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of...
Willis Lease Finance Q3 Earnings Soar Y/Y on Leasing Growth
WLFC posts a strong Q3 fueled by leasing and maintenance gains. Expansion and strategic capital management support growth momentum, partly offset by higher interest expenses.
CORRECTION – Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock
COCONUT CREEK, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline by Willis Lease Finance Corporation, the $48.5 million of short-term maintenance revenues earned was reported as the total year-to-date amount earned during the...
Announcement of New Revolving Credit Facility
COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported that on October 31, 2024, the Company entered into a new, $1.0 billion, five-year, revolving credit facility (the “Credit...
Willis Lease Finance Corporation (WLFC) Q3 2024 Earnings Call Transcript
Willis Lease Finance Corporation (NASDAQ:WLFC ) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Austin Willis - Chief Executive Officer Scott Flaherty - Chief Financial Officer Brian Hole - President Conference Call Participants Frank Galanti...
Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock
COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported third quarter total revenues of $146.2 million and quarterly pre-tax income of $34.5 million. The Company also announced its...
Willis Lease Finance Corporation Announces Timing of Third Quarter 2024 Earnings and Conference Call
COCONUT CREEK, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) plans to announce its financial results for the third quarter 2024 before the opening of Nasdaq on Monday, November 4, 2024.
Willis Lease Finance's Liquidation Value Is >$200
A brief update on Willis Lease Finance Corporation. Here's what has happened. What might happen next.
Announcement of Series A Preferred Stock Purchase Agreement
COCONUT CREEK, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported that on September 27, 2024, WLFC entered into a Series A Preferred Stock Purchase Agreement with the Development Bank of Japan Inc.,...
Source: https://incomestatements.info
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