Air Lease Corporation

Air Lease Corporation

AL-PA
Air Lease CorporationUS flagNew York Stock Exchange
35.02
USD
-0.22
- -
5.91BMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
337
656
859
1,050
1,223
1,419
1,516
1,680
2,017
2,015
2,088
2,317
2,685
2,737
Operating Margin (%)
28.41
33.7
36.93
40.22
40.52
43.07
42.14
40.06
38.3
34.22
28.33
29.6
27.59
23.64
Depreciation Expense
112
216
280
337
398
453
508
582
703
781
883
966
1,069
1,122
Net Income, GAAP
53
132
190
256
253
375
756
511
587
516
437
-97
615
536
Effective Tax Rate (%)
35.74
35.33
35.11
35.15
35.52
35.38
- -
20.2
20.19
20.17
19.29
- -
18.45
18.78
Profit Margin (%)
15.81
20.12
22.17
24.37
20.72
26.42
49.87
30.41
29.11
25.62
20.91
-4.19
22.89
19.58
Working Capital
297
205
165
23
-134
-65
-106
-179
-322
1,122
358
-65
-844
-736
LT Debt
2,603
4,385
5,853
6,631
7,712
8,714
9,699
11,539
13,579
16,518
17,022
18,641
19,183
20,162
Total Equity
2,176
2,333
2,523
2,772
3,020
3,382
4,127
4,807
5,624
6,072
7,009
6,646
7,160
7,676
Return on Invested Capital (%)
1.66
2.33
2.52
2.86
2.98
3.25
- -
3.4
3.41
2.63
2.05
- -
2.34
1.97
Return on Capital (%)
3.01
3.62
3.45
3.72
3.22
3.98
- -
3.99
3.99
3.04
2.36
- -
2.92
2.49
Return on Common Equity (%)
- -
193.55
85.01
58.82
37.56
38.71
50.21
24.33
22.21
16.35
11.85
-3.96
15.79
12.63

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
- -
- -
LT Borrowings
19,480
19,679
20,162
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
556
456
465
Cash, Cash Equivalents & STI
554
454
461
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,298
1,046
1,201
Payables & Accruals
1,160
917
1,072
ST Debt
- -
- -
- -
Deferred Revenue
138
129
129

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.22%
8.59%
7.73%
Free Cash Flow
9.63%
8.89%
23.19%
Net Income, GAAP
-71.76%
-173.65%
-733.47%
Sales/Revenue/Turnover
12.29%
10.09%
15.87%
Total Cash Common Dividend
28.99%
16.97%
6.65%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
597
558
561
602
2,317
2023
636
673
659
717
2,685
2024
663
667
690
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
John L. Plueger
Full Time Employees
163
Sector
Industrials
Industry
Rental & Leasing Services
Address
2000 Avenue of the Stars Los Angeles CA United States of America 90067
IPO Date
Feb 27, 2019
Business
Air Lease Corporation (NYSE: AL; AL-PA) is a leading global aircraft leasing company that purchases new commercial aircraft directly from manufacturers including Boeing, Airbus, Embraer and ATR and leases them to airlines worldwide on long-term net operating leases, which require lessees to cover maintenance, insurance, taxes and other operating expenses; the company offers operating leases, fleet management services, aircraft sales and trading, maintenance repair and overhaul (MRO) services through its subsidiary Air Lease Technical Services, and customized financing solutions such as sale-leasebacks; its fleet, valued at approximately $29.1 billion as of late 2025, consists primarily of young fuel-efficient narrowbody and widebody jets leased to major carriers, low-cost carriers and regional airlines across the Asia Pacific, Europe, the Americas and other regions. Founded in 2010 by industry veteran Steven F. Udvar-Házy and headquartered in Los Angeles, California, Air Lease Corporation maintains a substantial forward order book of roughly 450 aircraft and reports strong lease placement rates, with 100% of deliveries placed through 2026 and 87% through 2027. In September 2025, the company entered into a definitive merger agreement with a consortium led by Sumitomo Corporation and SMBC Aviation Capital, alongside Apollo and Brookfield, under which it will be acquired in a $7.4 billion all-cash transaction at $65 per share and renamed Sumisho Air Lease Corporation, an Ireland-based entity with SMBC Aviation Capital servicing the portfolio, creating one of the world's largest aircraft lessors amid ongoing industry consolidation.