Air Lease Corporation
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- Market Cap.:
- $4.66 billion
- Book Value:
- Revenue TTM:
- $2.32 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.35 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
Shares of Air Lease Corporation opened at $37.34 at the start of the last trading session i.e. 2023-03-23.
The stocks traded within a range of $36.19 - $37.73, and closed at $36.61.
This is a -1.45% slip from the previous day's closing price.
A total volume of 554,552 shares were traded at the close of the day’s session.
In the last one week, shares of Air Lease Corporation have slipped by -3.28%.
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
- Trailing PE
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
- Capital Expenditure
- $256.91 million
- Dividend Payout Ratio
Air Lease Corporation ended 2023 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 2023 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 2023, 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 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Air Lease Corporation stock is currently trading at $36.61 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 $42.21 and 200-day moving average was $37.06 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.
Frequently Asked Questions About Air Lease Corporation
Similar Industry Stocks (Rental & Leasing Services)
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 fleet 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, 2022, it owned a fleet of 417 aircraft, including 306 narrowbody aircraft and 111 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.