Air Lease Corporation (AL)
Total Valuation
Air Lease has a market cap or net worth of $4.66 billion. The enterprise value is $22.79 billion.
| Market Cap | 4.66B |
| Enterprise Value | 22.79B |
Important Dates
The next estimated earnings date is Thursday, February 15, 2024, after market close.
| Earnings Date | Feb 15, 2024 |
| Ex-Dividend Date | Dec 14, 2023 |
Share Statistics
Air Lease has 111.03 million shares outstanding. The number of shares has increased by 0.23% in one year.
| Shares Outstanding | 111.03M |
| Shares Change (YoY) | +0.23% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 6.65% |
| Owned by Institutions (%) | 90.81% |
| Float | 103.46M |
Valuation Ratios
The trailing PE ratio is 9.38 and the forward PE ratio is 8.63. Air Lease's PEG ratio is 0.91.
| PE Ratio | 9.38 |
| Forward PE | 8.63 |
| PS Ratio | 1.81 |
| Forward PS | 1.59 |
| PB Ratio | 0.67 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.91 |
Enterprise Valuation
| EV / Earnings | 45.83 |
| EV / Sales | 8.87 |
| EV / EBITDA | 9.54 |
| EV / EBIT | 16.99 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 2.68 |
| Debt / EBITDA | 7.80 |
| Debt / FCF | n/a |
| Interest Coverage | 1.99 |
Financial Efficiency
Return on equity (ROE) is 7.30% and return on invested capital (ROIC) is 4.23%.
| Return on Equity (ROE) | 7.30% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 4.23% |
| Revenue Per Employee | $17.02M |
| Profits Per Employee | $3.29M |
| Employee Count | 151 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Air Lease has paid $128.53 million in taxes.
| Income Tax | 128.53M |
| Effective Tax Rate | 20.54% |
Stock Price Statistics
The stock price has increased by +9.39% in the last 52 weeks. The beta is 1.73, so Air Lease's price volatility has been higher than the market average.
| Beta (1Y) | 1.73 |
| 52-Week Price Change | +9.39% |
| 50-Day Moving Average | 38.12 |
| 200-Day Moving Average | 39.41 |
| Relative Strength Index (RSI) | 65.45 |
| Average Volume (30 Days) | 813,827 |
Short Selling Information
The latest short interest is 1.60 million, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 1.60M |
| Short Previous Month | 1.12M |
| Short % of Shares Out | 1.44% |
| Short % of Float | 1.55% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, Air Lease had revenue of $2.57 billion and earned $497.18 million in profits. Earnings per share was $4.47.
| Revenue | 2.57B |
| Gross Profit | 2.57B |
| Operating Income | 1.34B |
| Pretax Income | 667.41M |
| Net Income | 497.18M |
| EBITDA | 2.39B |
| EBIT | 1.34B |
| Earnings Per Share (EPS) | $4.47 |
Balance Sheet
The company has $515.73 million in cash and $18.65 billion in debt, giving a net cash position of -$18.13 billion or -$163.29 per share.
| Cash & Cash Equivalents | 515.73M |
| Total Debt | 18.65B |
| Net Cash | -18.13B |
| Net Cash Per Share | -$163.29 |
| Equity / Book Value | 6.96B |
| Book Value Per Share | 62.70 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.71 billion and capital expenditures -$2.36 billion, giving a free cash flow of -$651.40 million.
| Operating Cash Flow | 1.71B |
| Capital Expenditures | -2.36B |
| Free Cash Flow | -651.40M |
| FCF Per Share | -$5.87 |
Margins
Gross margin is 100.00%, with operating and profit margins of 52.19% and 19.35%.
| Gross Margin | 100.00% |
| Operating Margin | 52.19% |
| Pretax Margin | 25.97% |
| Profit Margin | 19.35% |
| EBITDA Margin | 92.98% |
| EBIT Margin | 52.19% |
| FCF Margin | -25.35% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 2.00%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 2.00% |
| Earnings Yield | 10.68% |
| FCF Yield | -13.99% |
| Dividend Growth (YoY) | 7.28% |
| Payout Ratio | 18.79% |
| Buyback Yield | -0.23% |
| Shareholder Yield | 1.77% |
Analyst Forecast
The average price target for Air Lease is $52.67, which is 25.58% higher than the current price. The consensus rating is "Buy".
| Price Target | $52.67 |
| Price Target Difference | 25.58% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |