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Air Lease Corp Class A
$49.27
After Hours:
$49.27
(0.00%)0.00
Closed: May 17, 4:01:20 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$49.42
Day range
$49.13 - $49.85
Year range
$33.33 - $52.31
Market cap
5.49B USD
Avg Volume
935.33K
P/E ratio
9.95
Dividend yield
1.70%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD)Mar 2024Y/Y change
Revenue
663.31M4.27%
Operating expense
56.02M4.69%
Net income
107.87M-16.20%
Net profit margin
16.26-19.62%
Earnings per share
1.31-12.67%
EBITDA
Effective tax rate
20.29%
Total assets
Total liabilities
(USD)Mar 2024Y/Y change
Cash and short-term investments
554.37M-19.70%
Total assets
30.91B5.28%
Total liabilities
23.68B4.70%
Total equity
7.23B
Shares outstanding
111.37M
Price to book
0.76
Return on assets
2.69%
Return on capital
3.11%
Net change in cash
(USD)Mar 2024Y/Y change
Net income
107.87M-16.20%
Cash from operations
371.33M6.55%
Cash from investing
-630.32M50.50%
Cash from financing
350.43M-58.60%
Net change in cash
91.43M216.50%
Free cash flow
139.84M111.75%
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 August 2018, Air Lease owns 271 aircraft, 38.9% of which are Boeing 737-800s, and had 391 aircraft on order. Wikipedia
Founded
Feb 2010
Employees
163
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