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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	365.35	289.49	257.67	189.58	152.25	161.52
Other Revenue	309.03	268.05	152.17	111.65	98.14	127.25
Revenue	674.38	557.54	409.83	301.23	250.39	288.77
Revenue Growth (YoY)	29.58%	36.04%	36.05%	20.30%	-13.29%	-29.42%
Cost of Revenue	81.87	47.32	36.37	20.83	14.93	16.76
Gross Profit	592.52	510.22	373.47	280.4	235.46	272.01
Selling, General & Admin	213.25	166.05	142.15	106.95	84.73	74.44
Operating Expenses	318.64	258.51	233.07	195.21	175.24	168.98
Operating Income	273.87	251.71	140.39	85.19	60.23	103.03
Interest Expense	-129.23	-104.76	-78.8	-66.74	-67.99	-63.02
Interest & Investment Income	15.04	11.68	8.72	7.58	12.94	-
Earnings From Equity Investments	10.62	8.25	2.91	-0.06	0.8	2.64
EBT Excluding Unusual Items	170.3	166.87	73.23	25.97	5.98	42.64
Gain (Loss) on Sale of Investments	-	-	-	3.12	10.87	-0.08
Gain (Loss) on Sale of Assets	42.95	-	-	-	-	-
Asset Writedown	-34.13	-11.23	-4.4	-21.85	-7.72	-20.54
Other Unusual Items	-5.96	-3	-1.7	2.56	-	-4.69
Pretax Income	173.16	152.65	67.13	9.79	9.14	17.34
Income Tax Expense	50.53	44.03	23.35	4.35	5.79	7.59
Net Income	122.63	108.61	43.78	5.44	3.35	9.75
Preferred Dividends & Other Adjustments	5.69	4.23	3.41	3.33	3.33	3.34
Net Income to Common	116.94	104.38	40.37	2.11	0.02	6.41
Net Income Growth	24.49%	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)	4.50%	4.98%	2.92%	-0.77%	3.56%	1.16%
EPS (Basic)	17.45	15.97	6.40	0.35	0.00	1.07
EPS (Diluted)	16.70	15.34	6.23	0.33	0.00	1.05
EPS Growth	17.99%	146.23%	1787.88%	11536.11%	-99.73%	-90.00%
Free Cash Flow	-164.12	-390.55	146.02	-79.36	-79.66	-292.7
Free Cash Flow Per Share	-23.44	-57.40	22.53	-12.60	-12.55	-47.77
Dividend Per Share	1.000	0.500	-	-	-	-
Gross Margin	87.86%	91.51%	91.13%	93.08%	94.04%	94.19%
Operating Margin	40.61%	45.15%	34.26%	28.28%	24.05%	35.68%
Profit Margin	17.34%	18.72%	9.85%	0.70%	0.01%	2.22%
Free Cash Flow Margin	-24.34%	-70.05%	35.63%	-26.35%	-31.81%	-101.36%
EBITDA	382.01	346.92	231.32	173.45	150.73	197.57
EBITDA Margin	56.65%	62.22%	56.44%	57.58%	60.20%	68.42%
D&A For EBITDA	108.14	95.21	90.93	88.26	90.5	94.54
EBIT	273.87	251.71	140.39	85.19	60.23	103.03
EBIT Margin	40.61%	45.15%	34.26%	28.28%	24.05%	35.68%
Effective Tax Rate	29.18%	28.85%	34.78%	44.46%	63.33%	43.77%
Revenue as Reported	689.42	569.22	418.56	311.93	274.2	288.69

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q