Air Lease Income Statement

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	2015 - 2019
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	2015 - 2019
Revenue	2,908	2,734	2,685	2,317	2,088	2,015	Upgrade
Revenue Growth (YoY)	6.25%	1.81%	15.87%	10.96%	3.62%	-0.07%	Upgrade
Cost of Revenue	1,209	1,144	1,069	965.96	882.56	780.69	Upgrade
Gross Profit	1,699	1,590	1,616	1,351	1,206	1,235	Upgrade
Selling, General & Admin	200.09	185.93	186.02	156.86	125.28	95.68	Upgrade
Operating Expenses	248.84	219.82	220.63	172.46	151.8	113.31	Upgrade
Operating Income	1,451	1,370	1,396	1,179	1,054	1,121	Upgrade
Interest Expense	-894.61	-836.82	-708.96	-546.18	-513.02	-474.76	Upgrade
EBT Excluding Unusual Items	555.99	533.26	686.61	632.71	541.02	646.68	Upgrade
Other Unusual Items	-9.23	-	-	-771.48	-	-	Upgrade
Pretax Income	1,283	533.26	753.63	-138.77	541.02	646.68	Upgrade
Income Tax Expense	262.8	105.55	139.01	-41.74	104.38	130.41	Upgrade
Net Income	1,020	427.7	614.62	-97.02	436.63	516.26	Upgrade
Preferred Dividends & Other Adjustments	53.62	55.63	41.7	41.7	28.47	15.38	Upgrade
Net Income to Common	966.76	372.07	572.92	-138.72	408.16	500.89	Upgrade
Net Income Growth	90.43%	-30.41%	-	-	-15.43%	-12.07%	Upgrade
Shares Outstanding (Basic)	112	111	111	112	114	114	Upgrade
Shares Outstanding (Diluted)	112	112	111	112	114	114	Upgrade
Shares Change (YoY)	0.42%	0.39%	-0.17%	-2.46%	0.38%	0.82%	Upgrade
EPS (Basic)	8.66	3.34	5.16	-1.24	3.58	4.41	Upgrade
EPS (Diluted)	8.62	3.33	5.14	-1.24	3.57	4.39	Upgrade
EPS Growth	96.53%	-35.21%	-	-	-18.68%	-13.75%	Upgrade
Free Cash Flow	-741.66	-1,359	-1,096	-2,022	-1,718	-1,437	Upgrade
Free Cash Flow Per Share	-6.61	-12.15	-9.84	-18.11	-15.01	-12.60	Upgrade
Dividend Per Share	0.880	0.850	0.810	0.755	0.690	0.620	Upgrade
Dividend Growth	4.76%	4.94%	7.29%	9.42%	11.29%	10.71%	Upgrade
Gross Margin	58.44%	58.16%	60.19%	58.32%	57.74%	61.26%	Upgrade
Operating Margin	49.88%	50.12%	51.98%	50.87%	50.47%	55.64%	Upgrade
Profit Margin	33.24%	13.61%	21.34%	-5.99%	19.54%	24.85%	Upgrade
Free Cash Flow Margin	-25.50%	-49.72%	-40.83%	-87.26%	-82.26%	-71.30%	Upgrade
EBIT	1,451	1,370	1,396	1,179	1,054	1,121	Upgrade
EBIT Margin	49.88%	50.12%	51.98%	50.87%	50.47%	55.64%	Upgrade
Effective Tax Rate	20.48%	19.79%	18.45%	-	19.29%	20.17%	Upgrade
Revenue as Reported	2,908	2,734	2,685	2,317	2,088	2,015	Upgrade

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q