Willis Lease Finance Corporation (WLFC)

Willis Lease Finance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	361.48	289.49	257.67	189.58	152.25	161.52
Other Revenue	275.68	268.05	152.17	111.65	98.14	127.25
Revenue	637.16	557.54	409.83	301.23	250.39	288.77
Revenue Growth (YoY)	32.40%	36.04%	36.05%	20.30%	-13.29%	-29.42%
Cost of Revenue	85.31	47.32	36.37	20.83	14.93	16.76
Gross Profit	551.85	510.22	373.47	280.4	235.46	272.01
Selling, General & Admin	200.9	166.05	142.15	106.95	84.73	74.44
Operating Expenses	301.28	258.51	233.07	195.21	175.24	168.98
Operating Income	250.58	251.71	140.39	85.19	60.23	103.03
Interest Expense	-122.86	-104.76	-78.8	-66.74	-67.99	-63.02
Interest & Investment Income	14.71	11.68	8.72	7.58	12.94	-
Earnings From Equity Investments	6.18	8.25	2.91	-0.06	0.8	2.64
EBT Excluding Unusual Items	148.61	166.87	73.23	25.97	5.98	42.64
Gain (Loss) on Sale of Investments	0.38	-	-	3.12	10.87	-0.08
Gain (Loss) on Sale of Assets	42.95	-	-	-	-	-
Asset Writedown	-24.53	-11.23	-4.4	-21.85	-7.72	-20.54
Other Unusual Items	-3	-3	-1.7	2.56	-	-4.69
Pretax Income	164.4	152.65	67.13	9.79	9.14	17.34
Income Tax Expense	42	44.03	23.35	4.35	5.79	7.59
Net Income	122.4	108.61	43.78	5.44	3.35	9.75
Preferred Dividends & Other Adjustments	5.22	4.23	3.41	3.33	3.33	3.34
Net Income to Common	117.19	104.38	40.37	2.11	0.02	6.41
Net Income Growth	37.49%	148.08%	704.95%	62.26%	-65.61%	-85.43%
Shares Outstanding (Basic)	7	7	6	6	6	6
Shares Outstanding (Diluted)	7	7	6	6	6	6
Shares Change (YoY)	5.42%	4.98%	2.92%	-0.77%	3.56%	1.16%
EPS (Basic)	17.63	15.97	6.40	0.35	0.00	1.07
EPS (Diluted)	16.84	15.34	6.23	0.33	0.00	1.05
EPS Growth	30.03%	146.23%	1787.88%	11536.11%	-99.73%	-90.00%
Free Cash Flow	-151.81	-390.55	146.02	-79.36	-79.66	-292.7
Free Cash Flow Per Share	-21.82	-57.40	22.53	-12.60	-12.55	-47.77
Dividend Per Share	1.000	0.500	-	-	-	-
Gross Margin	86.61%	91.51%	91.13%	93.08%	94.04%	94.19%
Operating Margin	39.33%	45.15%	34.26%	28.28%	24.05%	35.68%
Profit Margin	18.39%	18.72%	9.85%	0.70%	0.01%	2.22%
Free Cash Flow Margin	-23.83%	-70.05%	35.63%	-26.35%	-31.81%	-101.36%
EBITDA	353.71	346.92	231.32	173.45	150.73	197.57
EBITDA Margin	55.51%	62.22%	56.44%	57.58%	60.20%	68.42%
D&A For EBITDA	103.13	95.21	90.93	88.26	90.5	94.54
EBIT	250.58	251.71	140.39	85.19	60.23	103.03
EBIT Margin	39.33%	45.15%	34.26%	28.28%	24.05%	35.68%
Effective Tax Rate	25.55%	28.85%	34.78%	44.46%	63.33%	43.77%
Revenue as Reported	652.25	569.22	418.56	311.93	274.2	288.69

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q