Air Lease/AL
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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
Industrials
Trading on
NYSE
Industry
Trading Companies and Distributors
Headquarters
Los Angeles, United States
Employees
163
Website
www.airleasecorp.com
Air Lease Metrics
BasicAdvanced
$5.2B
Market cap
9.47
P/E ratio
$4.95
EPS
1.63
Beta
$0.82
Dividend rate
1.75%
Dividend yield
Price and volume
Market cap
$5.2B
Beta
1.63
Dividend rate
$0.82
Financial strength
Current ratio
0.479
Quick ratio
0.478
Long term debt to equity
269.363
Total debt to equity
269.363
Dividend payout ratio (TTM)
22.17%
Interest coverage (TTM)
1.90%
Management effectiveness
Return on assets (TTM)
2.91%
Return on equity (TTM)
8.50%
Valuation
Price to earnings (TTM)
9.47
Price to revenue (TTM)
1.92
Price to book
0.72
Price to tangible book (TTM)
0.72
Price to free cash flow (TTM)
-11.02
Dividend yield (TTM)
1.75%
Growth
Revenue change (TTM)
15.08%
Earnings per share change (TTM)
19.65%
3-year revenue growth
11.08%
3-year earnings per share growth
8.08%
3-year dividend per share growth
9.18%
What the Analysts think about Air Lease
Analyst Ratings
Majority rating from 7 analysts.
Air Lease Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$663M
-7.42%
Net income
$108M
-51.22%
Profit margin
16.25%
-47.31%
Air Lease Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.10
$1.10
$1.89
$0.87
-
Expected
$1.07
$1.03
$1.08
$0.94
$1.08
Surprise
2.71%
7.27%
75.65%
-7.45%
-
Air Lease News
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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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
Jul
8
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 $5.2B as of July 04, 2024.
What is the P/E ratio for Air Lease stock?
The price to earnings (P/E) ratio for Air Lease (AL) stock is 9.47 as of July 04, 2024.
Does Air Lease stock pay dividends?
Yes, the Air Lease (AL) stock pays dividends to shareholders. As of July 04, 2024, the dividend rate is $0.82 and the yield is 1.75%. Air Lease has a payout ratio of 22.17% 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 July 08, 2024.
What is the beta indicator for Air Lease?
Air Lease (AL) has a beta rating of 1.63. 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.
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