Air Lease Financials

AL Stock  USD 51.44  0.68  1.34%   
Based on the measurements of operating efficiency obtained from Air Lease's historical financial statements, Air Lease is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At this time, Air Lease's Cash And Short Term Investments are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 115.3 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 11.2 B. Key indicators impacting Air Lease's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.983.1272
Way Down
Slightly volatile
Operating Income1.5 B1.4 B
Sufficiently Up
Slightly volatile
Current Ratio0.340.3551
Sufficiently Down
Slightly volatile
The financial analysis of Air Lease is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Air Lease includes many different criteria found on its balance sheet. For example, investors should never minimize Air Lease's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Air Lease's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Air Lease.

Cash And Equivalents

749.84 Million

With this module, you can analyze Air financials for your investing period. You should be able to track the changes in Air Lease individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Air Lease Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Lease's financial statements are interrelated, with each one affecting the others. For example, an increase in Air Lease's assets may result in an increase in income on the income statement.
Evaluating Air Lease's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Air Lease's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Air Lease's relative financial performance

Chance Of Distress

Less than 31

 
100  
 
Zero
Below Average
Air Lease has less than 31 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Air Lease stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Air Lease's odds of distress score SHOULD NOT be confused with the real chance of Air Lease filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Air is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Air Lease's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Air Lease's official financial statements usually reflect Air Lease's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Air Lease. For example, before you start analyzing numbers published by Air accountants, it's critical to develop an understanding of what Air Lease's liquidity, profitability, and earnings quality are in the context of the Trading Companies & Distributors space in which it operates.
Please note, the presentation of Air Lease's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Air Lease's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Air Lease's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air Lease. Please utilize our Beneish M Score to check the likelihood of Air Lease's management manipulating its earnings.

Air Lease Company Summary

Air Lease competes with Ryder System, Triton International, Triton International, Triton International, and Triton International. Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. The company was incorporated in 2010 and is headquartered in Los Angeles, California. Air Lease operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 129 people.
Specialization
Industrials, Rental & Leasing Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001487712
ISINUS00912X3026
CUSIP00912X302
RegionNorth America
LocationCalifornia; U.S.A
Business Address2000 Avenue of
SectorTrading Companies & Distributors
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.airleasecorp.com
Phone310 553 0555
CurrencyUSD - US Dollar
You should never invest in Air Lease without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Air Stock, because this is throwing your money away. Analyzing the key information contained in Air Lease's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Air Lease Key Financial Ratios

Generally speaking, Air Lease's financial ratios allow both analysts and investors to convert raw data from Air Lease's financial statements into concise, actionable information that can be used to evaluate the performance of Air Lease over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Air Lease reports annually and quarterly.

Air Lease Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.7B25.2B27.0B28.4B30.5B17.9B
Other Current Liab(20M)(1.9B)(2.1B)(2.6B)(3.2B)(3.0B)
Other Liab2.0B2.1B2.3B2.4B2.8B1.5B
Net Debt13.3B14.8B15.9B17.9B18.7B10.7B
Retained Earnings2.8B3.3B3.6B3.4B3.9B4.1B
Accounts Payable516.5M492.5M611.8M696.9M1.2B1.2B
Cash317.5M1.7B1.1B766.4M460.9M532.9M
Other Assets21.1B23.5B25.9B13.6M15.6M14.9M
Long Term Debt13.6B16.5B17.0B18.6B19.2B11.2B
Other Current Assets270.2M23.6M21.8M13.6M608.7M639.2M
Total Liab16.1B19.1B20.0B21.8B23.3B13.3B
Total Current Assets338.1M1.8B1.1B780.0M464.5M572.3M
Short Term Debt20M1.9B2.1B2.6B3.2B3.4B
Common Stock1.1M1.1M1.1M1.1M1.1M1.1M
Net Tangible Assets5.6B6.1B7.0B6.6B7.6B4.8B
Long Term Debt Total13.6B16.5B17.0B18.6B21.4B12.0B
Capital Surpluse2.8B2.8B3.4B3.3B3.7B2.8B
Cash And Equivalents317.5M1.7B1.1B766.4M881.4M749.8M

Air Lease Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Air Lease's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense36.7M43.0M50.6M53.3M54.1M34.5M
Total Revenue2.0B2.0B2.1B2.3B2.7B1.6B
Gross Profit916.8M803.0M743.4M858.4M961.3M670.7M
Cost Of Revenue1.1B1.2B1.3B1.5B1.7B893.4M
Operating Income772.4M689.7M591.6M686.0M1.4B1.5B
Ebit772.4M689.7M591.6M686.0M740.7M588.5M
Ebitda1.5B1.5B1.5B1.7B1.8B1.2B
Income Before Tax735.7M646.7M541.0M(138.8M)753.6M485.4M
Net Income587.1M516.3M436.6M(97.0M)614.6M387.9M
Income Tax Expense148.6M130.4M104.4M(41.7M)139.0M97.4M
Non Recurring287.4M342.7M513.0M1.3B1.5B1.6B
Tax Provision148.6M130.4M104.4M(41.7M)139.0M71.8M
Interest Income434.0M474.8M513.0M546.2M628.1M433.2M
Net Interest Income(434.0M)(474.8M)(50.6M)(53.3M)(54.1M)(56.8M)

Air Lease Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Air Lease. It measures of how well Air is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Air Lease brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Air had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Air Lease has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Capital Expenditures4.8B2.7B3.2B3.6B4.5B3.4B
End Period Cash Flow338.1M1.8B1.1B780.0M464.5M541.3M
Change In Cash15.1M1.4B(649.5M)(328.3M)(315.5M)(299.7M)
Free Cash Flow(3.4B)(1.6B)(1.9B)(2.3B)(2.8B)(2.9B)
Depreciation702.8M780.7M882.6M966.0M1.1B616.6M
Other Non Cash Items(12.5M)60.4M51.1M759.5M(164.5M)(156.3M)
Dividends Paid70.0M83.6M101.5M125.0M(130.5M)(124.0M)
Net Income587.1M516.3M436.6M(97.0M)614.6M387.9M
Net Borrowings2.3B2.9B590.4M2.0B2.3B1.8B
Change To Netincome30.8M158.3M77.9M630.5M725.1M761.3M
Investments(3.8B)(2.5B)(3.1B)(3.4B)(2.8B)(2.9B)

Air Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Air Lease's current stock value. Our valuation model uses many indicators to compare Air Lease value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Lease competition to find correlations between indicators driving Air Lease's intrinsic value. More Info.
Air Lease is number one stock in target price category among related companies. It is number one stock in short ratio category among related companies fabricating about  0.04  of Short Ratio per Target Price. The ratio of Target Price to Short Ratio for Air Lease is roughly  28.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Air Lease by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Air Lease's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air Lease's earnings, one of the primary drivers of an investment's value.

Air Lease Systematic Risk

Air Lease's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Lease volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Air Lease correlated with the market. If Beta is less than 0 Air Lease generally moves in the opposite direction as compared to the market. If Air Lease Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Lease is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Lease is generally in the same direction as the market. If Beta > 1 Air Lease moves generally in the same direction as, but more than the movement of the benchmark.

About Air Lease Financials

What exactly are Air Lease Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Air Lease's income statement, its balance sheet, and the statement of cash flows. Potential Air Lease investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Air Lease investors may use each financial statement separately, they are all related. The changes in Air Lease's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Lease's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Air Lease Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Air Lease is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Air has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Air Lease's financials are consistent with your investment objective using the following steps:
  • Review Air Lease's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Air Lease's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Air Lease's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Air Lease's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Air Lease Thematic Clasifications

Air Lease is part of several thematic ideas from Air to Rentals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Air Lease Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air Lease's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Air Lease growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0115)

At this time, Air Lease's Price Earnings To Growth Ratio is quite stable compared to the past year.

Air Lease March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Air Lease help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Lease. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Lease based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Lease's daily price indicators and compare them against related drivers.
When determining whether Air Lease is a strong investment it is important to analyze Air Lease's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Lease's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Air Stock please use our How to buy in Air Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Air Lease's price analysis, check to measure Air Lease's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Lease is operating at the current time. Most of Air Lease's value examination focuses on studying past and present price action to predict the probability of Air Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Lease's price. Additionally, you may evaluate how the addition of Air Lease to your portfolios can decrease your overall portfolio volatility.
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Is Air Lease's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Lease. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Lease listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.556
Dividend Share
0.81
Earnings Share
5.14
Revenue Per Share
24.188
Quarterly Revenue Growth
0.191
The market value of Air Lease is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease's value that differs from its market value or its book value, called intrinsic value, which is Air Lease's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Lease's market value can be influenced by many factors that don't directly affect Air Lease's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.