Air Lease Corporation

Company Profile

Air Lease Corporation had its IPO on 2011-04-19 under the ticker symbol AL.

The company operates in the Industrials sector and Rental & Leasing Services industry. Air Lease Corporation has a staff strength of 151 employees.

Stock update

Shares of Air Lease Corporation opened at $39.33 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $38.65 - $39.33, and closed at $38.9.

This is a -1.54% slip from the previous day's closing price.

A total volume of 722,188 shares were traded at the close of the day’s session.

In the last one week, shares of Air Lease Corporation have slipped by -5.14%.

Air Lease Corporation's Key Ratios

Air Lease Corporation has a market cap of $4.66 billion, indicating a price to book ratio of 0.6489 and a price to sales ratio of 1.809.

In the last 12-months Air Lease Corporation’s revenue was $2.32 billion with a gross profit of $1.35 billion and an EBITDA of $2.14 billion. The EBITDA ratio measures Air Lease Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Air Lease Corporation’s operating margin was 50.87% while its return on assets stood at 2.66% with a return of equity of -1.42%.

In Q4, Air Lease Corporation’s quarterly earnings growth was a negative -2.6% while revenue growth was a positive 0.7%.

Air Lease Corporation’s PE and PEG Ratio

Forward PE

6.9444

Trailing PE

0

PEG

0.91

Its diluted EPS in the last 12-months stands at $-1.24 per share while it has a forward price to earnings multiple of 6.9444 and a PEG multiple of 0.91. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Air Lease Corporation’s profitability.

Air Lease Corporation stock is trading at a EV to sales ratio of 9.4702 and a EV to EBITDA ratio of 25.274. Its price to sales ratio in the trailing 12-months stood at 1.809.

Air Lease Corporation stock pays annual dividends of $0.755 per share, indicating a yield of 1.84% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$28.40 billion

Total Liabilities

$2.14 billion

Operating Cash Flow

$-688609000.00

Capital Expenditure

$256.91 million

Dividend Payout Ratio

0%

Air Lease Corporation ended 2024 with $28.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $28.40 billion while shareholder equity stood at $6.65 billion.

Air Lease Corporation ended 2024 with $970.80 million in deferred long-term liabilities, $2.14 billion in other current liabilities, 1109000.00 in common stock, $3.39 billion in retained earnings and $0 in goodwill. Its cash balance stood at $766.42 million and cash and short-term investments were $766.42 million. The company’s total short-term debt was $1,441,583,000 while long-term debt stood at $18.64 billion.

Air Lease Corporation’s total current assets stands at $766.42 million while long-term investments were $64.70 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $696.90 million and inventory worth $0.

In 2024, Air Lease Corporation's operating cash flow was $-688609000.00 while its capital expenditure stood at $256.91 million.

Comparatively, Air Lease Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$38.9

52-Week High

$46.2962

52-Week Low

$29.4497

Analyst Target Price

$56.57

Air Lease Corporation stock is currently trading at $38.9 per share. It touched a 52-week high of $46.2962 and a 52-week low of $46.2962. Analysts tracking the stock have a 12-month average target price of $56.57.

Its 50-day moving average was $41.29 and 200-day moving average was $40.15 The short ratio stood at 3.94 indicating a short percent outstanding of 0%.

Around 654.2% of the company’s stock are held by insiders while 9056.8% are held by institutions.