Air Lease Corporation (AL)
Stock Price:
$30.89 USD
-1.21 (-3.77%)
Updated Oct 26, 2020 10:22 AM EDT - Market open
Key Info
| Market Cap |
3.51B |
| Revenue (ttm) |
2.11B |
| Net Income (ttm) |
605.50M |
| Shares Out |
113.78M |
| EPS (ttm) |
5.18 |
| PE Ratio |
5.96 |
| Forward PE |
5.85 |
| Dividend |
$0.60 |
| Dividend Yield |
1.94% |
Stock Quote
| Trading Day |
Oct 26, 2020 |
| Last Price |
$30.89 |
| Previous Close |
$32.10 |
| Change ($) |
-1.21 |
| Change (%) |
-3.77% |
| Day's Open |
31.51 |
| Day's Range |
30.57 - 31.86 |
| Day's Volume |
70,038 |
| 52-Week Range |
8.41 - 49.96 |
More Stats
| Market Cap |
3.51B |
| Enterprise Value |
17.21B |
| Earnings Date (est) |
Nov 9, 2020 |
| Ex-Dividend Date |
Sep 10, 2020 |
| Shares Outstanding |
113.78M |
| Float |
105.80M |
| EPS (basic) |
5.22 |
| EPS (diluted) |
5.18 |
| FCF / Share |
-10.60 |
| Dividend |
$0.60 |
| Dividend Yield |
1.94% |
| Earnings Yield |
16.77% |
| FCF Yield |
n/a |
| Payout Ratio |
11.10% |
| Shares Short |
8.20M |
| Short Ratio |
8.57 |
| Short % of Float |
7.75% |
| Beta |
2.00 |
| PE Ratio |
5.96 |
| Forward PE |
5.85 |
| P/FCF Ratio |
n/a |
| PS Ratio |
1.66 |
| PB Ratio |
0.62 |
| Revenue |
2.11B |
| Operating Income |
1.22B |
| Net Income |
605.50M |
| Free Cash Flow |
-1.20B |
| Net Cash |
-13.70B |
| Net Cash / Share |
-120.38 |
| Gross Margin |
62.21% |
| Operating Margin |
57.64% |
| Profit Margin |
27.90% |
| FCF Margin |
-57.05% |
| ROA |
3.50% |
| ROE |
10.84% |
| ROIC |
3.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (9)
| Buy |
9 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$39.62*
(28.26% upside)
Low
36.0
Current: $30.89
High
51.0
Target: 39.62
*Average 12-month price target from 8 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Revenue | 2,017 | 1,680 | 1,516 | 1,419 | 1,223 | 1,050 | 859 | 656 | 337 |
| Revenue Growth | 20.08% | 10.77% | 6.86% | 16.05% | 16.41% | 22.34% | 30.95% | 94.73% | - |
| Gross Profit | 2,017 | 1,680 | 1,516 | 1,419 | 1,223 | 1,050 | 859 | 656 | 337 |
| Operating Income | 1,170 | 983 | 897 | 866 | 659 | 615 | 486 | 351 | 141 |
| Net Income | 587 | 511 | 756 | 375 | 253 | 256 | 190 | 132 | 53.23 |
| Shares Outstanding | 112 | 105 | 103 | 103 | 103 | 102 | 102 | 101 | 89.59 |
| Earnings Per Share | 5.09 | 4.60 | 6.82 | 3.44 | 2.34 | 2.38 | 1.80 | 1.28 | 0.59 |
| EPS Growth | 10.65% | -32.55% | 98.26% | 47.01% | -1.68% | 32.22% | 40.63% | 116.95% | - |
| Dividend Per Share | 0.54 | 0.43 | 0.33 | 0.23 | 0.17 | 0.13 | 0.11 | - | - |
| Dividend Growth | 25.58% | 32.31% | 44.44% | 32.35% | 30.77% | 23.81% | - | - | - |
| Operating Cash Flow | 1,392 | 1,254 | 1,060 | 1,020 | 840 | 769 | 654 | 491 | 267 |
| Capital Expenditures | -3,844 | -3,385 | -2,144 | -2,006 | -2,153 | -1,806 | -2,186 | -2,345 | -2,977 |
| Free Cash Flow | -2,452 | -2,131 | -1,084 | -985 | -1,313 | -1,037 | -1,532 | -1,854 | -2,710 |
| Cash & Equivalents | 338 | 323 | 308 | 291 | 173 | 290 | 357 | 336 | 378 |
| Total Debt | 13,579 | 11,539 | 9,699 | 8,714 | 7,712 | 6,631 | 5,853 | 4,385 | 2,603 |
| Net Cash / Debt | -13,241 | -11,216 | -9,391 | -8,423 | -7,539 | -6,340 | -5,496 | -4,048 | -2,225 |
| Assets | 21,709 | 18,482 | 15,614 | 13,976 | 12,355 | 10,691 | 9,333 | 7,354 | 5,165 |
| Liabilities | 16,086 | 13,675 | 11,487 | 10,593 | 9,335 | 7,919 | 6,809 | 5,021 | 2,988 |
| Book Value | 5,624 | 4,807 | 4,127 | 3,382 | 3,020 | 2,772 | 2,523 | 2,333 | 2,176 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Air Lease Corporation |
| Country |
United States |
| Employees |
117 |
| CEO |
John L. Plueger |
Stock Information
| Ticker Symbol |
AL |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Industrials |
| Industry |
Rental & Leasing Services |
| Unique Identifier |
NYSE: AL |
| IPO Date |
April 19, 2011 |
Description
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.