Market open
Air Lease/AL
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Air Lease
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company earns from revenue originates from the renting of flight equipment. Geographically it operates in Asia Pacific, Europe, The Middle East and Africa, Central America, South America and Mexico and U.S. and Canada.
Ticker
AL
Sector
Trading on
NYSE
Industry
Trading Companies & Distributors
Headquarters
Employees
163
Website
Air Lease Metrics
BasicAdvanced
$4.8B
Market cap
9.29
P/E ratio
$4.66
EPS
1.60
Beta
$0.63
Dividend rate
1.94%
Dividend yield
Price and volume
Market cap
$4.8B
Beta
1.6
52-week high
$52.31
52-week low
$33.33
Average daily volume
718K
Dividend rate
$0.63
Financial strength
Current ratio
0.55
Quick ratio
0.315
Long term debt to equity
246.092
Total debt to equity
269.309
Dividend payout ratio (TTM)
23.90%
Interest coverage (TTM)
1.83%
Management effectiveness
Return on assets (TTM)
2.85%
Return on equity (TTM)
7.97%
Valuation
Price to earnings (TTM)
9.287
Price to revenue (TTM)
1.777
Price to book
0.66
Price to tangible book (TTM)
0.66
Price to free cash flow (TTM)
-3.919
Dividend yield (TTM)
1.46%
Forward dividend yield
1.94%
Growth
Revenue change (TTM)
9.49%
Earnings per share change (TTM)
8.93%
3-year revenue growth (CAGR)
11.56%
3-year earnings per share growth (CAGR)
10.95%
3-year dividend per share growth (CAGR)
9.05%
What the Analysts think about Air Lease
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Air Lease stock.
Air Lease Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Air Lease Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Air Lease News
AllArticlesVideos
Air Lease Corporation Activity Update for the Third Quarter of 2024
Business Wire·5 hours ago
Air Lease Corporation Announces Third Quarter 2024 Earnings Conference Call
Business Wire·1 week ago
Air Lease Corporation Announces Delivery of First of Six New Airbus A220-300 Aircraft to TAAG Angola Airlines
Business Wire·2 weeks ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Market open
Upcoming events
Oct
9
Air Lease
Dividend·Payment
$0.21
Per share
FAQs
What’s the current market cap for Air Lease stock?
Air Lease (AL) has a market cap of $4.8B as of October 08, 2024.
What is the P/E ratio for Air Lease stock?
The price to earnings (P/E) ratio for Air Lease (AL) stock is 9.29 as of October 08, 2024.
Does Air Lease stock pay dividends?
Yes, the Air Lease (AL) stock pays dividends to shareholders. As of October 08, 2024, the dividend rate is $0.63 and the yield is 1.94%. Air Lease has a payout ratio of 23.9% on a trailing twelve-month basis.
When is the next Air Lease dividend payment date?
The next Air Lease (AL) dividend payment is scheduled for October 09, 2024.
What is the beta indicator for Air Lease?
Air Lease (AL) has a beta rating of 1.6. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.