Willis Lease Finance Corporation (WLFC)

Willis Lease Finance Cash Flow 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
Net Income	122.63	108.61	43.78	5.44	3.35	9.75
Depreciation & Amortization	108.14	95.21	90.93	88.26	90.5	94.54
Other Amortization	10.58	10.29	6.15	5.32	5.02	5.14
Loss (Gain) From Sale of Assets	-102.97	-45.06	-10.57	-3.2	-5.93	-3.4
Asset Writedown & Restructuring Costs	34.13	11.23	4.4	21.85	7.72	20.54
Loss (Gain) From Sale of Investments	-0.38	-	-	-3.12	-10.87	-
Loss (Gain) on Equity Investments	-10.62	-8.25	-2.91	0.06	-0.8	-2.64
Stock-Based Compensation	45.84	29.25	14.8	13.55	16.58	11.38
Other Operating Activities	59.92	68.3	24.05	0.93	4.03	11.73
Change in Accounts Receivable	-6.96	21.1	-17.38	-3.17	-11.19	-4.22
Change in Inventory	20.94	-31.19	-1.71	14.29	7.92	7.03
Change in Accounts Payable	-3.31	20.7	17.15	0.94	0.06	-18.44
Change in Unearned Revenue	-4.74	-4.69	22.33	4.15	-1.18	-3.35
Change in Other Net Operating Assets	3.84	8.9	38.71	-0.87	-14.54	-34.6
Operating Cash Flow	277.04	284.41	229.74	144.42	90.66	93.44
Operating Cash Flow Growth	-0.06%	23.80%	59.07%	59.31%	-2.98%	-59.43%
Capital Expenditures	-441.16	-674.96	-83.72	-223.79	-170.32	-386.15
Investment in Securities	-3.53	-	-	-	-	-
Other Investing Activities	4.6	-89.95	-9.06	29.41	22.32	-120.52
Investing Cash Flow	-418.15	-764.91	-92.78	-194.38	-148	-506.67
Long-Term Debt Issued	-	1,306	625.73	284	513.7	973.2
Long-Term Debt Repaid	-	-840.04	-665.48	-228.84	-416.97	-530.78
Net Debt Issued (Repaid)	253.22	465.67	-39.75	55.16	96.73	442.42
Issuance of Common Stock	0.25	0.26	0.27	0.34	0.19	0.43
Repurchase of Common Stock	-19.74	-8.24	-5.79	-8.9	-15.06	-2.67
Preferred Dividends Paid	-4.41	-3.46	-3.24	-3.27	-3.25	-3.26
Common Dividends Paid	-7.46	-10.72	-	-	-	-
Dividends Paid	-11.87	-14.18	-3.24	-3.27	-3.25	-3.26
Other Financing Activities	-14.91	-11.58	-9.43	-	-4.56	-8.44
Financing Cash Flow	206.95	444.98	-57.94	43.33	74.05	428.48
Net Cash Flow	65.84	-35.53	79.01	-6.63	16.72	15.26
Free Cash Flow	-164.12	-390.55	146.02	-79.36	-79.66	-292.7
Free Cash Flow Margin	-24.34%	-70.05%	35.63%	-26.35%	-31.81%	-101.36%
Free Cash Flow Per Share	-23.44	-57.40	22.53	-12.60	-12.55	-47.77
Cash Income Tax Paid	4.73	7.09	0.51	2.24	1.41	0.51
Levered Free Cash Flow	-265.21	-505.26	4.2	-57.68	-88.38	-417.7
Unlevered Free Cash Flow	-184.45	-439.79	53.44	-15.96	-45.89	-378.31
Change in Working Capital	9.78	14.83	59.11	15.34	-18.93	-53.59

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

SEC Filings: 10-K · 10-Q