Air Lease Corp Financials
This page shows Air Lease Corp (AL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Air Lease Corp's revenue declined 99.9% year-over-year, from $2.7B to $3.0M. This contraction results in a growth score of 0/100.
Air Lease Corp has elevated debt relative to equity (D/E of 2.33), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.
Air Lease Corp converts 49.6% of revenue into free cash flow ($1.5M). This strong cash generation earns a score of 100/100.
Air Lease Corp's ROE of 12.8% shows moderate profitability relative to equity, earning a score of 51/100. This is up from 5.7% the prior year.
Air Lease Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Air Lease Corp generates $1.59 in operating cash flow ($1.7M OCF vs $1.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Air Lease Corp generated $3.0M in revenue in fiscal year 2025. This represents a decrease of 99.9% from the prior year.
Air Lease Corp generated $1.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 99.9% from the prior year.
Air Lease Corp reported $1.1M in net income in fiscal year 2025. This represents a decrease of 99.7% from the prior year.
Air Lease Corp earned $9.29 per diluted share (EPS) in fiscal year 2025. This represents an increase of 179.0% from the prior year.
Air Lease Corp held $466K in cash against $19.7M in long-term debt as of fiscal year 2025.
Air Lease Corp paid $0.81 per share in dividends in fiscal year 2025. This represents a decrease of 4.7% from the prior year.
Air Lease Corp had 112M shares outstanding in fiscal year 2025. This represents an increase of 0.6% from the prior year.
Air Lease Corp's net profit margin was 36.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 20.4 percentage points from the prior year.
Air Lease Corp's ROE was 12.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 7.2 percentage points from the prior year.
Air Lease Corp invested $238K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.9% from the prior year.
AL Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $820.4M+13.1% | $725.4M-0.9% | $731.7M-0.9% | $738.3M+3.6% | $712.9M+3.3% | $690.2M+3.4% | $667.3M+0.6% | $663.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $58.5M+12.9% | $51.8M+3.9% | $49.9M-16.0% | $59.3M+22.8% | $48.3M+8.8% | $44.4M-2.2% | $45.4M-4.8% | $47.7M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $217.3M-4.8% | $228.4M+2.7% | $222.3M-0.1% | $222.6M+0.5% | $221.4M+1.8% | $217.5M+7.0% | $203.3M+4.4% | $194.7M |
| Income Tax | $45.5M+18.3% | $38.5M-62.0% | $101.4M+5.8% | $95.8M+254.5% | $27.0M+2.9% | $26.3M+5.9% | $24.8M-9.7% | $27.5M |
| Net Income | $180.9M+23.5% | $146.5M-62.0% | $385.2M+2.5% | $375.8M+232.8% | $112.9M+8.6% | $104.0M+1.0% | $102.9M-4.6% | $107.9M |
| EPS (Diluted) | $1.49+23.1% | $1.21-63.7% | $3.33+2.1% | $3.26+292.8% | $0.83+1.2% | $0.82+1.2% | $0.81-6.9% | $0.87 |
AL Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $32.9B-1.5% | $33.4B+0.3% | $33.3B+2.9% | $32.4B+0.3% | $32.3B+0.4% | $32.2B+3.7% | $31.0B+0.3% | $30.9B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $466.4M+3.1% | $452.2M-0.6% | $454.8M-0.4% | $456.6M-3.4% | $472.6M+2.6% | $460.8M+1.5% | $454.1M-18.1% | $554.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $24.4B-2.5% | $25.0B-0.1% | $25.1B+2.3% | $24.5B-1.0% | $24.7B+1.1% | $24.5B+3.2% | $23.7B+0.1% | $23.7B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $19.7B-2.3% | $20.2B-0.6% | $20.3B+2.2% | $19.9B-1.6% | $20.2B+0.2% | $20.2B+2.5% | $19.7B+1.0% | $19.5B |
| Total Equity | $8.5B+1.6% | $8.3B+1.4% | $8.2B+4.6% | $7.9B+4.4% | $7.5B-1.9% | $7.7B+5.0% | $7.3B+1.0% | $7.2B |
| Retained Earnings | $5.1B+2.9% | $4.9B+2.3% | $4.8B+7.8% | $4.5B+8.2% | $4.1B+1.7% | $4.1B+1.7% | $4.0B+1.7% | $3.9B |
AL Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $414.1M-9.7% | $458.6M-3.2% | $473.6M+22.0% | $388.3M-9.7% | $430.0M-6.9% | $461.9M+11.6% | $413.8M+11.4% | $371.3M |
| Capital Expenditures | $71.9M+55.3% | $46.3M-0.5% | $46.5M-36.1% | $72.9M-29.4% | $103.2M+12.1% | $92.1M+36.6% | $67.4M-45.9% | $124.5M |
| Free Cash Flow | $342.1M-17.0% | $412.3M-3.5% | $427.1M+35.4% | $315.5M-3.5% | $326.8M-11.6% | $369.8M+6.8% | $346.4M+40.4% | $246.8M |
| Investing Cash Flow | $85.4M+119.7% | -$434.1M+50.1% | -$870.2M-751.4% | -$102.2M+71.5% | -$358.1M+71.8% | -$1.3B-63.7% | -$776.5M-23.2% | -$630.3M |
| Financing Cash Flow | -$485.3M-1649.7% | -$27.7M-107.0% | $394.9M+230.9% | -$301.6M-393.9% | -$61.1M-107.5% | $819.2M+212.2% | $262.4M-25.1% | $350.4M |
| Dividends Paid | $24.6M0.0% | $24.6M0.0% | $24.6M+0.3% | $24.5M+4.8% | $23.4M0.0% | $23.4M0.0% | $23.4M+0.3% | $23.3M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AL Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 22.1%+1.9pp | 20.2%-32.5pp | 52.6%+1.7pp | 50.9%+35.1pp | 15.8%+0.8pp | 15.1%-0.4pp | 15.4%-0.8pp | 16.3% |
| Return on Equity | 2.1%+0.4pp | 1.8%-2.9pp | 4.7%-0.1pp | 4.8%+3.3pp | 1.5%+0.1pp | 1.4%-0.1pp | 1.4%-0.1pp | 1.5% |
| Return on Assets | 0.5%+0.1pp | 0.4%-0.7pp | 1.2%0.0pp | 1.2%+0.8pp | 0.4%+0.0pp | 0.3%0.0pp | 0.3%-0.0pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 2.33-0.1 | 2.42-0.0 | 2.47-0.1 | 2.53-0.2 | 2.68+0.1 | 2.63-0.1 | 2.690.0 | 2.69 |
| FCF Margin | 41.7%-15.1pp | 56.8%-1.5pp | 58.4%+15.6pp | 42.7%-3.1pp | 45.8%-7.7pp | 53.6%+1.7pp | 51.9%+14.7pp | 37.2% |
Similar Companies
Frequently Asked Questions
What is Air Lease Corp's annual revenue?
Air Lease Corp (AL) reported $3.0M in total revenue for fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Air Lease Corp's revenue growing?
Air Lease Corp (AL) revenue declined by 99.9% year-over-year, from $2.7B to $3.0M in fiscal year 2025.
Is Air Lease Corp profitable?
Yes, Air Lease Corp (AL) reported a net income of $1.1M in fiscal year 2025, with a net profit margin of 36.1%.
What is Air Lease Corp's earnings per share (EPS)?
Air Lease Corp (AL) reported diluted earnings per share of $9.29 for fiscal year 2025. This represents a 179.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Air Lease Corp have?
As of fiscal year 2025, Air Lease Corp (AL) had $466K in cash and equivalents against $19.7M in long-term debt.
What is Air Lease Corp's net profit margin?
Air Lease Corp (AL) had a net profit margin of 36.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Air Lease Corp pay dividends?
Yes, Air Lease Corp (AL) paid $0.81 per share in dividends during fiscal year 2025.
What is Air Lease Corp's return on equity (ROE)?
Air Lease Corp (AL) has a return on equity of 12.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Air Lease Corp's free cash flow?
Air Lease Corp (AL) generated $1.5M in free cash flow during fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Air Lease Corp's operating cash flow?
Air Lease Corp (AL) generated $1.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Air Lease Corp's total assets?
Air Lease Corp (AL) had $32.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Air Lease Corp's capital expenditures?
Air Lease Corp (AL) invested $238K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does Air Lease Corp have outstanding?
Air Lease Corp (AL) had 112M shares outstanding as of fiscal year 2025.
What is Air Lease Corp's debt-to-equity ratio?
Air Lease Corp (AL) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Air Lease Corp's return on assets (ROA)?
Air Lease Corp (AL) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Air Lease Corp's Piotroski F-Score?
Air Lease Corp (AL) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Air Lease Corp's earnings high quality?
Air Lease Corp (AL) has an earnings quality ratio of 1.59x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Air Lease Corp?
Air Lease Corp (AL) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.