Air Lease Corporation (AL)

Air Lease Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,734	2,685	2,317	2,088	2,015
Revenue Growth (YoY)	1.81%	15.87%	10.96%	3.62%	-0.07%
Cost of Revenue	1,144	1,069	965.96	882.56	780.69
Gross Profit	1,590	1,616	1,351	1,206	1,235
Selling, General & Admin	185.93	186.02	156.86	125.28	95.68
Operating Expenses	219.82	220.63	172.46	151.8	113.31
Operating Income	1,370	1,396	1,179	1,054	1,121
Interest Expense	-836.82	-708.96	-546.18	-513.02	-474.76
EBT Excluding Unusual Items	533.26	686.61	632.71	541.02	646.68
Other Unusual Items	-	-	-771.48	-	-
Pretax Income	533.26	753.63	-138.77	541.02	646.68
Income Tax Expense	105.55	139.01	-41.74	104.38	130.41
Net Income	427.7	614.62	-97.02	436.63	516.26
Preferred Dividends & Other Adjustments	55.63	41.7	41.7	28.47	15.38
Net Income to Common	372.07	572.92	-138.72	408.16	500.89
Net Income Growth	-30.41%	-	-	-15.43%	-12.07%
Shares Outstanding (Basic)	111	111	112	114	114
Shares Outstanding (Diluted)	112	111	112	114	114
Shares Change (YoY)	0.39%	-0.17%	-2.46%	0.38%	0.82%
EPS (Basic)	3.34	5.16	-1.24	3.58	4.41
EPS (Diluted)	3.33	5.14	-1.24	3.57	4.39
EPS Growth	-35.21%	-	-	-18.68%	-13.75%
Free Cash Flow	-1,359	-1,096	-2,022	-1,718	-1,437
Free Cash Flow Per Share	-12.15	-9.84	-18.11	-15.01	-12.60
Dividend Per Share	0.850	0.810	0.755	0.690	0.620
Dividend Growth	4.94%	7.29%	9.42%	11.29%	10.71%
Gross Margin	58.16%	60.19%	58.32%	57.74%	61.26%
Operating Margin	50.12%	51.98%	50.87%	50.47%	55.64%
Profit Margin	13.61%	21.34%	-5.99%	19.54%	24.85%
Free Cash Flow Margin	-49.72%	-40.83%	-87.26%	-82.26%	-71.30%
EBIT	1,370	1,396	1,179	1,054	1,121
EBIT Margin	50.12%	51.98%	50.87%	50.47%	55.64%
Effective Tax Rate	19.79%	18.45%	-	19.29%	20.17%
Revenue as Reported	2,734	2,685	2,317	2,088	2,015

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q