Air Lease Financials
AL Stock | USD 50.64 0.84 1.69% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 1.9 | 2.6791 |
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Operating Income | 1.5 B | 1.4 B |
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Current Ratio | 0.1 | 0.1062 |
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Investors should never underestimate Air Lease's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Air Lease's cash flow, debt, and profitability to make informed and accurate decisions about investing in Air Lease.
Cash And Equivalents |
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Air | Select Account or Indicator |
Understanding current and past Air Lease Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Lease's financial statements are interrelated, with each one affecting the others. For example, an increase in Air Lease's assets may result in an increase in income on the income statement.
Air Lease Stock Summary
Air Lease competes with Alta Equipment, McGrath RentCorp, Herc Holdings, HE Equipment, and GATX. Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. The company was incorporated in 2010 and is headquartered in Los Angeles, California. Air Lease operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 129 people.Specialization | Industrials, Rental & Leasing Services |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US00912X3026 |
CUSIP | 00912X302 |
Location | California; U.S.A |
Business Address | 2000 Avenue of |
Sector | Trading Companies & Distributors |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.airleasecorp.com |
Phone | 310 553 0555 |
Currency | USD - US Dollar |
Air Lease Key Financial Ratios
Return On Equity | 0.0732 | ||||
Profit Margin | 0.20 % | ||||
Operating Margin | 0.50 % | ||||
Price To Sales | 2.06 X | ||||
Revenue | 2.68 B |
Air Lease Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.7B | 25.2B | 27.0B | 28.4B | 30.5B | 17.9B | |
Other Current Liab | (20M) | (1.9B) | (2.1B) | (2.6B) | (3.2B) | (3.0B) | |
Other Liab | 2.0B | 2.1B | 2.3B | 2.4B | 2.8B | 1.5B | |
Net Debt | 13.3B | 14.8B | 15.9B | 17.9B | 18.7B | 10.7B | |
Retained Earnings | 2.8B | 3.3B | 3.6B | 3.4B | 3.9B | 4.1B | |
Accounts Payable | 516.5M | 492.5M | 611.8M | 696.9M | 1.2B | 1.2B | |
Cash | 317.5M | 1.7B | 1.1B | 766.4M | 460.9M | 532.9M | |
Other Assets | 21.1B | 23.5B | 25.9B | 13.6M | 15.6M | 14.9M | |
Long Term Debt | 13.6B | 16.5B | 17.0B | 18.6B | 19.2B | 11.2B | |
Other Current Assets | 270.2M | 23.6M | 21.8M | 13.6M | 3.6M | 3.4M | |
Total Liab | 16.1B | 19.1B | 20.0B | 21.8B | 23.3B | 13.3B | |
Total Current Assets | 338.1M | 1.8B | 1.1B | 780.0M | 464.5M | 572.3M | |
Short Term Debt | 20M | 1.9B | 2.1B | 2.6B | 3.2B | 3.4B | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | |
Net Tangible Assets | 5.6B | 6.1B | 7.0B | 6.6B | 7.6B | 4.8B | |
Long Term Debt Total | 13.6B | 16.5B | 17.0B | 18.6B | 21.4B | 12.0B | |
Capital Surpluse | 2.8B | 2.8B | 3.4B | 3.3B | 3.7B | 2.8B | |
Cash And Equivalents | 317.5M | 1.7B | 1.1B | 766.4M | 881.4M | 749.8M |
Air Lease Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 36.7M | 43.0M | 50.6M | 53.3M | 54.1M | 34.5M | |
Total Revenue | 2.0B | 2.0B | 2.1B | 2.3B | 2.7B | 1.6B | |
Gross Profit | 916.8M | 803.0M | 743.4M | 858.4M | 961.3M | 670.7M | |
Cost Of Revenue | 1.1B | 1.2B | 1.3B | 1.5B | 1.7B | 893.4M | |
Operating Income | 772.4M | 689.7M | 591.6M | 686.0M | 1.4B | 1.5B | |
Ebit | 772.4M | 689.7M | 591.6M | 407.4M | 1.5B | 1.5B | |
Ebitda | 1.5B | 1.5B | 1.5B | 1.4B | 2.5B | 2.7B | |
Income Before Tax | 735.7M | 646.7M | 541.0M | (138.8M) | 753.6M | 485.4M | |
Net Income | 587.1M | 516.3M | 436.6M | (97.0M) | 614.6M | 387.9M | |
Income Tax Expense | 148.6M | 130.4M | 104.4M | (41.7M) | 139.0M | 97.4M | |
Non Recurring | 287.4M | 342.7M | 513.0M | 1.3B | 1.5B | 1.6B | |
Tax Provision | 148.6M | 130.4M | 104.4M | (41.7M) | 139.0M | 71.8M | |
Interest Income | 434.0M | 474.8M | 513.0M | 546.2M | 628.1M | 433.2M | |
Net Interest Income | (434.0M) | (474.8M) | (50.6M) | (53.3M) | (54.1M) | (56.8M) |
Air Lease Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Capital Expenditures | 4.8B | 2.7B | 3.2B | 3.6B | 4.5B | 3.4B | |
End Period Cash Flow | 338.1M | 1.8B | 1.1B | 780.0M | 464.5M | 541.3M | |
Change In Cash | 15.1M | 1.4B | (649.5M) | (328.3M) | (315.5M) | (299.7M) | |
Free Cash Flow | (3.4B) | (1.6B) | (1.9B) | (2.3B) | (2.8B) | (2.9B) | |
Depreciation | 702.8M | 780.7M | 882.6M | 966.0M | 1.1B | 616.6M | |
Other Non Cash Items | (12.5M) | 60.4M | 51.1M | 759.5M | (164.5M) | (156.3M) | |
Dividends Paid | 70.0M | 83.6M | 101.5M | 125.0M | 130.5M | 137.0M | |
Net Income | 587.1M | 516.3M | 436.6M | (97.0M) | 614.6M | 387.9M | |
Net Borrowings | 2.3B | 2.9B | 590.4M | 2.0B | 2.3B | 1.8B | |
Change To Netincome | 30.8M | 158.3M | 77.9M | 630.5M | 725.1M | 761.3M | |
Investments | (3.8B) | (2.5B) | (3.1B) | (3.4B) | (2.8B) | (2.9B) |
Air Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air Lease's current stock value. Our valuation model uses many indicators to compare Air Lease value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Lease competition to find correlations between indicators driving Air Lease's intrinsic value. More Info.Air Lease is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Air Lease is roughly 2.60 . At this time, Air Lease's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Air Lease by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Air Lease Systematic Risk
Air Lease's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Lease volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Air Lease correlated with the market. If Beta is less than 0 Air Lease generally moves in the opposite direction as compared to the market. If Air Lease Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Lease is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Lease is generally in the same direction as the market. If Beta > 1 Air Lease moves generally in the same direction as, but more than the movement of the benchmark.
Air Lease Thematic Clasifications
Air Lease is part of several thematic ideas from Rentals to Air. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Air Lease Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air Lease's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Air Lease growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Air Lease November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Air Lease help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Lease. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Lease based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Lease's daily price indicators and compare them against related drivers.
Downside Deviation | 1.48 | |||
Information Ratio | 0.0419 | |||
Maximum Drawdown | 7.58 | |||
Value At Risk | (2.41) | |||
Potential Upside | 2.92 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Air Stock please use our How to buy in Air Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Lease. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Lease listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.84 | Earnings Share 4.39 | Revenue Per Share 24.608 | Quarterly Revenue Growth 0.047 |
The market value of Air Lease is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease's value that differs from its market value or its book value, called intrinsic value, which is Air Lease's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Lease's market value can be influenced by many factors that don't directly affect Air Lease's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.