Willis Lease Finance Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.89	9.11	7.07	12.15	14.33	42.54
Trading Asset Securities	2.23	10.99	16.48	34.8	8	-
Cash & Short-Term Investments	15.11	20.1	23.55	46.95	22.33	42.54
Cash Growth	5.76%	-14.67%	-49.83%	110.25%	-47.51%	533.04%
Accounts Receivable	58.57	59.9	67.24	53.39	39.62	28.27
Receivables	203.41	243.53	159.87	134.83	155.08	186.98
Inventory	53.71	72.15	40.95	38.58	50.96	59.43
Restricted Cash	158.08	123.39	160.96	76.87	81.31	36.39
Other Current Assets	23.33	16.67	6.61	10.28	15.45	13.35
Total Current Assets	453.65	475.84	391.94	307.5	325.13	338.69
Property, Plant & Equipment	67.39	54.65	45.81	46.73	37.39	35.54
Long-Term Investments	98.12	62.67	58.04	56.19	55.93	53.28
Goodwill	-	1	-	-	-	-
Other Intangible Assets	27.32	33.06	10.22	18.84	23.7	21.34
Other Long-Term Assets	2,775	2,670	2,146	2,146	2,021	1,916
Total Assets	3,421	3,297	2,652	2,575	2,463	2,365
Accounts Payable	61.65	70.14	45	32.68	20.95	23.1
Accrued Expenses	102.9	97.82	92.5	59.45	65.98	82.48
Current Portion of Long-Term Debt	68.28	70.69	-	-	0.7	-
Current Portion of Leases	3.77	3.15	-	-	-	-
Total Current Liabilities	236.6	241.79	137.49	92.13	87.63	105.59
Long-Term Debt	2,172	2,194	1,803	1,847	1,790	1,694
Long-Term Leases	13.89	2.7	7.94	10.37	5.21	3.87
Long-Term Unearned Revenue	36.38	37.91	43.53	17.86	10.46	11.64
Long-Term Deferred Tax Liabilities	223.73	185.05	147.78	132.52	124.33	116.84
Other Long-Term Liabilities	25.7	23.42	23.79	20.49	19.35	19.52
Total Liabilities	2,708	2,685	2,163	2,121	2,037	1,951
Common Stock	0.08	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	67.38	50.93	29.67	20.39	15.4	13.7
Retained Earnings	583.09	491.44	397.78	357.49	355.39	355.37
Comprehensive Income & Other	-0.35	6.9	11.45	26.74	5.03	-5.12
Total Common Equity	650.2	549.34	438.96	404.69	375.89	364.02
Shareholders' Equity	713.54	612.46	488.93	454.58	425.69	413.74
Total Liabilities & Equity	3,421	3,297	2,652	2,575	2,463	2,365
Total Debt	2,257	2,270	1,811	1,858	1,796	1,698
Net Cash (Debt)	-2,242	-2,250	-1,787	-1,811	-1,774	-1,655
Net Cash Per Share	-320.31	-330.73	-275.77	-287.55	-279.52	-270.09
Filing Date Shares Outstanding	6.81	6.61	6.39	6.12	5.94	6
Total Common Shares Outstanding	7.65	7.17	6.85	6.62	6.53	6.57
Working Capital	217.05	234.05	254.44	215.37	237.5	233.1
Book Value Per Share	85.04	76.58	64.09	61.18	57.55	55.41
Tangible Book Value	622.89	515.28	428.74	385.85	352.19	342.67
Tangible Book Value Per Share	81.47	71.84	62.60	58.33	53.93	52.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.