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Air Lease Corp
Previous close
$49.80
Day range
$49.53 - $50.80
Year range
$37.65 - $52.31
Market cap
5.64B USD
Avg Volume
670.65K
P/E ratio
11.54
Dividend yield
1.74%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 690.16M | 4.67% |
Operating expense | 52.34M | 1.65% |
Net income | 103.97M | -21.50% |
Net profit margin | 15.06 | -25.04% |
Earnings per share | 1.25 | -21.38% |
EBITDA | — | — |
Effective tax rate | 20.16% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 460.78M | -10.02% |
Total assets | 32.15B | 8.36% |
Total liabilities | 24.48B | 7.78% |
Total equity | 7.68B | — |
Shares outstanding | 111.38M | — |
Price to book | 0.72 | — |
Return on assets | 2.75% | — |
Return on capital | 3.17% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 103.97M | -21.50% |
Cash from operations | 461.91M | 15.07% |
Cash from investing | -1.27B | -402.15% |
Cash from financing | 819.16M | 484.72% |
Net change in cash | 9.69M | 114.98% |
Free cash flow | -890.98M | -1,008.84% |
About
Air Lease Corporation is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.
At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.
Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.
As of March 2024, Air Lease owns 472 aircraft: 354 narrowbody aircraft, and 118 widebody aircraft, in addition to 320 aircraft on order. Wikipedia
Founded
Feb 2010
Headquarters
Website
Employees
163
