Willis Lease Finance Earnings Call Transcripts
Fiscal Year 2026
-
Q2 2026 saw strong financial results with $194M in revenue, $38.1M EBT, and $120.7M adjusted EBITDA. Assets under management grew 21% year-over-year, and leverage was reduced to 2.78x. Demand for modern engines and asset management products remains robust.
-
Record Q1 2026 results with lease rent revenues up 14.2% and Adjusted EBITDA rising 19.9% year-over-year. Strong demand, expanded asset management, and increased liquidity position the business for continued growth despite industry headwinds.
Fiscal Year 2025
-
Record revenue and earnings growth driven by strong demand for engine leasing and services, with robust portfolio utilization and expansion into asset management funds. Continued dividend increases and strategic capital deployment support long-term growth.
-
Revenue grew 25.4% year-over-year to $183.4 million, with record leasing and maintenance reserve revenues and strong portfolio utilization. Net income was $22.9 million, and the dividend was increased to $0.40 per share, reflecting confidence in continued growth.
-
Record quarterly revenue and net income driven by strong leasing and parts demand, with high portfolio utilization and robust cash flow. Major ABS financing, joint venture expansion, and ongoing dividend payments highlight financial strength and growth outlook.
-
Record Q1 2025 revenue and strong portfolio utilization drove robust earnings, with significant growth in core leasing and spare parts sales. Management remains confident despite macroeconomic and tariff uncertainties, supported by strategic investments and a solid capital position.
Fiscal Year 2024
-
Record 2024 results featured all-time high revenues, 21% ROE, and strong portfolio growth, driven by innovation in leasing and asset management. Asset values rose, leverage increased slightly, and dividends continued, with a robust outlook for future technology assets.
-
Q3 saw record pre-tax earnings and strong revenue growth, driven by robust engine demand and supply chain constraints. Portfolio and lease rates expanded, leverage improved, and new capital was raised to support future growth.
-
Record Q2 2024 results with EBT of $57.9M, up 205% year-over-year, driven by strong leasing and services amid aviation engine supply chain constraints. Initiated regular dividends and closed a $500M warehouse facility to support growth.