Air Lease Corporation (AL)
NYSE: AL · IEX Real-Time Price · USD
47.78
-0.28 (-0.58%)
Jul 12, 2024, 4:00 PM EDT - Market closed

Air Lease Statistics

Total Valuation

Air Lease has a market cap or net worth of $5.32 billion. The enterprise value is $24.25 billion.

Market Cap 5.32B
Enterprise Value 24.25B

Important Dates

The next confirmed earnings date is Thursday, August 1, 2024, after market close.

Earnings Date Aug 1, 2024
Ex-Dividend Date Jun 4, 2024

Share Statistics

Air Lease has 111.37 million shares outstanding. The number of shares has increased by 0.30% in one year.

Shares Outstanding 111.37M
Shares Change (YoY) +0.30%
Shares Change (QoQ) -0.07%
Owned by Insiders (%) 6.52%
Owned by Institutions (%) 102.09%
Float 103.70M

Valuation Ratios

The trailing PE ratio is 9.63 and the forward PE ratio is 10.22. Air Lease's PEG ratio is 0.91.

PE Ratio 9.63
Forward PE 10.22
PS Ratio 1.96
Forward PS 1.79
PB Ratio 0.74
P/FCF Ratio n/a
PEG Ratio 0.91
Financial Ratio History

Enterprise Valuation

EV / Earnings 43.92
EV / Sales 8.94
EV / EBITDA 9.49
EV / EBIT 16.50
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 2.69
Debt / EBITDA 7.62
Debt / FCF n/a
Interest Coverage 1.99

Financial Efficiency

Return on equity (ROE) is 7.80% and return on invested capital (ROIC) is 4.47%.

Return on Equity (ROE) 7.80%
Return on Assets (ROA) 1.80%
Return on Capital (ROIC) 4.47%
Revenue Per Employee $16.64M
Profits Per Employee $3.39M
Employee Count 163
Asset Turnover 0.09
Inventory Turnover n/a

Taxes

In the past 12 months, Air Lease has paid $136.93 million in taxes.

Income Tax 136.93M
Effective Tax Rate 19.87%

Stock Price Statistics

The stock price has increased by +10.40% in the last 52 weeks. The beta is 1.60, so Air Lease's price volatility has been higher than the market average.

Beta (5Y) 1.60
52-Week Price Change +10.40%
50-Day Moving Average 47.75
200-Day Moving Average 43.19
Relative Strength Index (RSI) 52.95
Average Volume (20 Days) 819,475

Short Selling Information

The latest short interest is 3.30 million, so 2.97% of the outstanding shares have been sold short.

Short Interest 3.30M
Short Previous Month 3.79M
Short % of Shares Out 2.97%
Short % of Float 3.18%
Short Ratio (days to cover) 4.51

Income Statement

In the last 12 months, Air Lease had revenue of $2.71 billion and earned $552.07 million in profits. Earnings per share was $4.96.

Revenue 2.71B
Gross Profit 2.71B
Operating Income 1.47B
Pretax Income 730.70M
Net Income 552.07M
EBITDA 2.56B
EBIT 1.47B
Earnings Per Share (EPS) $4.96
Full Income Statement

Balance Sheet

The company has $555.93 million in cash and $19.48 billion in debt, giving a net cash position of -$18.92 billion or -$169.92 per share.

Cash & Cash Equivalents 555.93M
Total Debt 19.48B
Net Cash -18.92B
Net Cash Per Share -$169.92
Equity (Book Value) 7.23B
Book Value Per Share 64.94
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.77 billion and capital expenditures -$2.20 billion, giving a free cash flow of -$430.33 million.

Operating Cash Flow 1.77B
Capital Expenditures -2.20B
Free Cash Flow -430.33M
FCF Per Share -$3.87
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 54.19% and 20.36%.

Gross Margin 100.00%
Operating Margin 54.19%
Pretax Margin 26.94%
Profit Margin 20.36%
EBITDA Margin 94.24%
EBIT Margin 54.19%
FCF Margin -15.87%

Dividends & Yields

This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 1.76%.

Dividend Per Share $0.84
Dividend Yield 1.76%
Dividend Growth (YoY) 5.73%
Years of Dividend Growth 11
Payout Ratio 16.94%
Buyback Yield -0.30%
Shareholder Yield 1.46%
Earnings Yield 10.38%
FCF Yield -8.09%
Dividend Details

Analyst Forecast

The average price target for Air Lease is $54.00, which is 13.02% higher than the current price. The consensus rating is "Buy".

Price Target $54.00
Price Target Difference 13.02%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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