XNYSAL
Market cap5.26bUSD
Jan 08, Last price
47.26USD
1D
-1.40%
1Q
10.45%
Jan 2017
37.66%
IPO
68.19%
Name
Air Lease Corp
Chart & Performance
Profile
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,684,977 15.87% | 2,317,302 10.96% | |||||||
Cost of revenue | 1,944,312 | 1,631,337 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 740,665 | 685,965 | |||||||
NOPBT Margin | 27.59% | 29.60% | |||||||
Operating Taxes | 139,012 | (41,741) | |||||||
Tax Rate | 18.77% | ||||||||
NOPAT | 601,653 | 727,706 | |||||||
Net income | 614,622 -733.47% | (97,024) -122.22% | |||||||
Dividends | (130,492) | (124,953) | |||||||
Dividend yield | 2.79% | 2.91% | |||||||
Proceeds from repurchase of equity | (3,354) | (158,903) | |||||||
BB yield | 0.07% | 3.71% | |||||||
Debt | |||||||||
Debt current | 3,208,528 | 2,623,262 | |||||||
Long-term debt | 15,974,129 | 18,641,000 | |||||||
Deferred revenue | 147,654 | ||||||||
Other long-term liabilities | 1,663,580 | 1,146,338 | |||||||
Net debt | 18,643,587 | 20,433,144 | |||||||
Cash flow | |||||||||
Cash from operating activities | 1,746,880 | 1,382,150 | |||||||
CAPEX | (4,527,911) | (3,639,628) | |||||||
Cash from investing activities | (2,778,383) | (3,404,204) | |||||||
Cash from financing activities | 715,978 | 1,693,779 | |||||||
FCF | 1,542,691 | (1,134,963) | |||||||
Balance | |||||||||
Cash | 460,870 | 766,418 | |||||||
Long term investments | 78,200 | 64,700 | |||||||
Excess cash | 404,821 | 715,253 | |||||||
Stockholders' equity | 3,872,804 | 3,390,390 | |||||||
Invested Capital | 27,601,454 | 28,489,364 | |||||||
ROIC | 2.15% | 2.66% | |||||||
ROCE | 2.53% | 2.27% | |||||||
EV | |||||||||
Common stock shares outstanding | 111,439 | 111,627 | |||||||
Price | 41.94 9.16% | 38.42 -13.14% | |||||||
Market cap | 4,673,734 8.98% | 4,288,690 -15.28% | |||||||
EV | 23,317,427 | 24,721,940 | |||||||
EBITDA | 1,809,437 | 1,651,920 | |||||||
EV/EBITDA | 12.89 | 14.97 | |||||||
Interest | 54,053 | 53,254 | |||||||
Interest/NOPBT | 7.30% | 7.76% |