air lease corp - AL
AL
Close Chg Chg %
47.92 1.87 3.90%
Closed Market
49.79
+1.87 (3.90%)
Volume: 736.03K
Last Updated:
Nov 21, 2024, 3:59 PM EDT
Company Overview: air lease corp - AL
AL Key Data
| Open $48.56 | Day Range 48.32 - 50.02 |
| 52 Week Range 37.67 - 52.31 | Market Cap $5.34B |
| Shares Outstanding 111.38M | Public Float 103.93M |
| Beta 1.60 | Rev. Per Employee N/A |
| P/E Ratio 10.91 | EPS $4.41 |
| Yield 175.29% | Dividend $0.22 |
| EX-DIVIDEND DATE Dec 12, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 710.93K |
AL Performance
| 1 Week | 2.74% | ||
| 1 Month | 11.68% | ||
| 3 Months | 8.10% | ||
| 1 Year | 30.09% | ||
| 5 Years | 8.59% |
AL Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
6
Full Ratings ➔
About air lease corp - AL
Air Lease Corp. engages in the provision of an aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.
AL At a Glance
Air Lease Corp.
2000 Avenue of the Stars
Los Angeles, California 90067
| Phone | 1-310-553-0555 | Revenue | 2.51B | |
| Industry | Finance/Rental/Leasing | Net Income | 614.62M | |
| Sector | Finance | 2023 Sales Growth | 11.521% | |
| Fiscal Year-end | 12 / 2024 | Employees | 163 | |
| View SEC Filings |
AL Valuation
| P/E Current | 10.908 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 8.126 |
| Price to Sales Ratio | 1.861 |
| Price to Book Ratio | 0.65 |
| Price to Cash Flow Ratio | 2.675 |
| Enterprise Value to EBITDA | 10.214 |
| Enterprise Value to Sales | 9.317 |
| Total Debt to Enterprise Value | 0.82 |
AL Efficiency
| Revenue/Employee | 15,403,539.877 |
| Income Per Employee | 3,770,687.117 |
| Receivables Turnover | N/A |
| Total Asset Turnover | 0.084 |
AL Liquidity
| Current Ratio | 0.106 |
| Quick Ratio | 0.106 |
| Cash Ratio | 0.106 |
AL Profitability
| Gross Margin | 57.433 |
| Operating Margin | 48.645 |
| Pretax Margin | 30.016 |
| Net Margin | 24.479 |
| Return on Assets | 2.056 |
| Return on Equity | 8.903 |
| Return on Total Capital | 2.333 |
| Return on Invested Capital | 2.684 |
AL Capital Structure
| Total Debt to Total Equity | 267.913 |
| Total Debt to Total Capital | 72.82 |
| Total Debt to Total Assets | 61.695 |
| Long-Term Debt to Equity | 223.104 |
| Long-Term Debt to Total Capital | 60.64 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Air Lease Corp - AL
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 2.02B | 2.09B | 2.25B | 2.51B | |
Sales Growth
| -0.07% | +3.62% | +7.81% | +11.52% | |
Cost of Goods Sold (COGS) incl D&A
| - | - | 965.96M | 1.07B | - |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 780.69M | 882.56M | 965.96M | 1.07B | |
Depreciation
| 780.69M | 882.56M | 965.96M | 1.07B | |
Amortization of Intangibles
| - | - | - | - | - |
COGS Growth
| - | - | - | +10.64% | - |
Gross Income
| - | - | 1.29B | 1.44B | - |
Gross Income Growth
| - | - | - | +12.18% | - |
Gross Profit Margin
| - | - | +57.10% | +57.43% | - |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 113.31M | 151.79M | 172.46M | 220.63M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 113.31M | 151.79M | 172.46M | 220.63M | |
SGA Growth
| -21.53% | +33.96% | +13.61% | +27.93% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | 753.58M | (84.92M) | - |
EBIT after Unusual Expense
| 1.12B | 1.05B | 359.41M | 1.31B | |
Non Operating Income/Expense
| - | - | 48.00M | 156.30M | - |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 474.76M | 513.02M | 546.18M | 708.96M | |
Interest Expense Growth
| +9.39% | +8.06% | +6.46% | +29.80% | |
Gross Interest Expense
| 527.92M | 562.09M | 585.83M | 752.06M | |
Interest Capitalized
| 53.16M | 49.07M | 39.66M | 43.09M | |
Pretax Income
| 646.68M | 541.02M | (138.76M) | 753.63M | |
Pretax Income Growth
| -12.10% | -16.34% | -125.65% | +643.10% | |
Pretax Margin
| +32.09% | +25.91% | -6.16% | +30.02% | |
Income Tax
| 130.41M | 104.38M | (41.74M) | 139.01M | |
Income Tax - Current - Domestic
| (38.63M) | 184.00K | 113.00K | 2.19M | |
Income Tax - Current - Foreign
| 2.57M | 6.75M | 1.75M | 3.46M | |
Income Tax - Deferred - Domestic
| 166.47M | 97.45M | (43.60M) | 309.96M | |
Income Tax - Deferred - Foreign
| - | - | - | (176.60M) | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 516.26M | 436.63M | (97.02M) | 614.62M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 516.26M | 436.63M | (97.02M) | 614.62M | |
Net Income Growth
| -12.07% | -15.42% | -122.22% | +733.47% | |
Net Margin Growth
| +25.62% | +20.91% | -4.31% | +24.48% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 516.26M | 436.63M | (97.02M) | 614.62M | |
Preferred Dividends
| 15.38M | 28.47M | 41.70M | 41.70M | |
Net Income Available to Common
| 500.89M | 408.16M | (138.72M) | 572.92M | |
EPS (Basic)
| 4.406 | 3.5788 | -1.2428 | 5.1612 | |
EPS (Basic) Growth
| -14.28% | -18.77% | -134.73% | +515.29% | |
Basic Shares Outstanding
| 113.68M | 114.05M | 111.63M | 111.01M | |
EPS (Diluted)
| 4.3932 | 3.5664 | -1.2428 | 5.1612 | |
EPS (Diluted) Growth
| -13.62% | -18.82% | -134.85% | +515.29% | |
Diluted Shares Outstanding
| 114.01M | 114.45M | 111.63M | 111.44M | |
EBITDA
| 1.90B | 1.94B | 2.08B | 2.29B | |
EBITDA Growth
| +1.58% | +1.81% | +7.35% | +10.16% | |
EBITDA Margin
| +94.38% | +92.73% | +92.34% | +91.21% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 53.20 | |
| Number of Ratings | 6 | Current Quarters Estimate | 0.781 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 3.287 | |
| Last Quarter’s Earnings | 0.82 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 5.14 | Next Fiscal Year Estimate | 4.518 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 6 | 3 | 6 | 6 |
| Mean Estimate | 0.78 | 0.98 | 3.29 | 4.52 |
| High Estimates | 0.87 | 1.03 | 3.38 | 4.98 |
| Low Estimate | 0.72 | 0.95 | 3.23 | 4.22 |
| Coefficient of Variance | 6.83 | 4.73 | 1.62 | 6.90 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 4 | 3 | 4 |
| OVERWEIGHT | 1 | 1 | 1 |
| HOLD | 1 | 1 | 1 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Air Lease Corp - AL
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Air Lease Corp - AL
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| May 8, 2024 | Matthew J. Hart Director | 57,516 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Yvette Hollingsworth Clark Director | 22,446 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Ian M. Saines Director | 51,069 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Susan R. McCaw Director | 27,690 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Robert Aaron Milton Director | 47,529 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Marshall O. Larsen Director | 48,807 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 8, 2024 | Cheryl Gordon Krongard Director | 55,617 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 20, 2024 | Alex A. Khatibi EVP | 76,300 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $47.37 per share | 3,614,331.00 |
| Mar 20, 2024 | Grant A. Levy EVP | 150,815 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $46.82 per share | 7,061,158.30 |
| Feb 28, 2024 | John L. Plueger CEO AND PRESIDENT; Director | 792,696 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.97 per share | 31,684,059.12 |
| Feb 28, 2024 | John L. Plueger CEO AND PRESIDENT; Director | 821,425 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Steven F. Udvar-Házy EXECUTIVE CHAIRMAN; Director | 1,479,769 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | David Beker EVP, MARKETING | 10,152 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.97 per share | 405,775.44 |
| Feb 28, 2024 | David Beker EVP, MARKETING | 14,064 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Steven F. Udvar-Házy EXECUTIVE CHAIRMAN; Director | 1,377,468 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.97 per share | 55,057,395.96 |
| Feb 28, 2024 | Alex A. Khatibi EVP | 98,697 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Grant A. Levy EVP | 158,315 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | John D. Poerschke EVP | 84,940 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.97 per share | 3,395,051.80 |
| Feb 28, 2024 | John D. Poerschke EVP | 89,225 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Carol Hyland Forsyte EVP, GC, CORP SECRETARY & CCO | 68,990 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.97 per share | 2,757,530.30 |