Air Lease Corp., being a leading aircraft leasing company, purchases commercial aircraft directly from the manufacturers & leases them to its airline customers across the globe. The company works with The Boeing Company and Airbus S.A.S. It also sells planes to other leasing companies, financial services and corporate airline entities. It also provides investors and owners with fleet management services and charges a management fee in return. Air Lease reduces the risks of lessee defaults and adverse economic conditions by diversifying its operating lease portfolio. Its operating performance depends on growth of its fleet, the terms of its leases, interest rates on its debt and the aggregate amount of its indebtedness alongside gains from aircraft sales, trading activities and management fees. The company's debt financing strategy is aimed at raising unsecured debt with minimal usage of export credit or any other secured financing variant. The company entered into a joint venture with Blackbird Capital I LLC.
Revenue (Most Recent Fiscal Year) | $2.73B |
Net Income (Most Recent Fiscal Year) | $427.70M |
PE Ratio (Current Year Earnings Estimate) | 10.88 |
PE Ratio (Trailing 12 Months) | 11.76 |
PEG Ratio (Long Term Growth Estimate) | 0.63 |
Price to Sales Ratio (Trailing 12 Months) | 2.32 |
Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 0.83 |
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 3.42 |
Pre-Tax Margin (Trailing 12 Months) | 30.96% |
Net Margin (Trailing 12 Months) | 24.77% |
Return on Equity (Trailing 12 Months) | 8.04% |
Return on Assets (Trailing 12 Months) | 1.91% |
Current Ratio (Most Recent Fiscal Quarter) | 0.39 |
Quick Ratio (Most Recent Fiscal Quarter) | 0.39 |
Debt to Common Equity (Most Recent Fiscal Quarter) | 2.53 |
Inventory Turnover (Trailing 12 Months) | -- |
Book Value per Share (Most Recent Fiscal Quarter) | $70.38 |
Earnings per Share (Most Recent Fiscal Quarter) | $1.36 |
Earnings per Share (Most Recent Fiscal Year) | $4.83 |
Diluted Earnings per Share (Trailing 12 Months) | $5.72 |
Exchange | NYSE |
Sector | Industrials |
Industry | Rental & Leasing Services |
Common Shares Outstanding | 111.76M |
Free Float | 104.34M |
Market Capitalization | $6.51B |
Average Volume (Last 20 Days) | 1.13M |
Beta (Past 60 Months) | 1.33 |
Percentage Held By Insiders (Latest Annual Proxy Report) | 6.64% |
Percentage Held By Institutions (Latest 13F Reports) | 94.59% |
Annual Dividend (Based on Last Quarter) | $0.88 |
Dividend Yield (Based on Last Quarter) | 1.51% |