What is Air Lease Corporation's earnings per share (EPS)?

Air Lease Corporation (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.

Air Lease Corporation (AL) Financials

AL NYSE

Trailing 12 months to June 30, 2026

Revenue $2.9B -0.4% YoY

Net Income $445.6M -54.4% YoY

EPS (Diluted) $9.29 FY2025 annual

Free Cash Flow $1.3B -8.4% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 10, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AL SEC filings page.

Air Lease Corporation (AL) reported $2.9B in revenue over the twelve months to Jun 30, 2026, down 0.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI AL FY2025 2026-10-24

Air Lease is a heavily financed asset owner: FY2025 improved reported profitability and investment discipline, but cash conversion weakened.

FY2025 net income rose 154.5% while operating cash flow rose only 3.4%, revealing that the earnings rebound produced far less incremental cash than accounting profit. Operating cash flow equaled 159.4% of net income, down from 392.1% in FY2024, making cash conversion the clearest gap beneath the headline recovery.

The company’s asset base dwarfed annual revenue: $32.9B of assets supported $3.0B of FY2025 revenue, so returns are better understood through financing structure than ordinary operating margins. Liabilities were 74.2% of assets and debt-to-equity was 2.3x, while FY2025 liabilities and long-term debt declined as equity expanded, indicating a modest shift toward a less debt-heavy balance sheet.

Capital spending fell 38.6% to $237.7M in FY2025, reducing the reinvestment draw on internally generated funds. That restraint helped free cash flow reach $1.5B while operating cash flow rose only 3.4%; the stronger free-cash-flow result therefore reflects both earnings and lighter investment, not simply broader cash generation.

Financial Health Signals

Financial Health Score (4 of 6 dimensions) 66/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Air Lease Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Air Lease Corporation's revenue grew 10.3% year-over-year to $3.0B, a solid pace of expansion. This earns a growth score of 53/100.

Leverage

Air Lease Corporation 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 27/100, reflecting increased financial risk.

Liquidity

n/a

Not available for Air Lease Corporation, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.

Cash Flow

Air Lease Corporation converts 49.6% of revenue into free cash flow ($1.5B). This strong cash generation earns a score of 98/100.

Returns

n/a

Not available for Air Lease Corporation, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.

Piotroski F-Score Partial

6/7

Air Lease Corporation passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.

Earnings Quality Cash-Backed

1.59x

For every $1 of reported earnings, Air Lease Corporation generates $1.59 in operating cash flow ($1.7B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$575.3M

YoY-21.4%

QoQ-22.2%

5Y CAGR+3.2%

10Y CAGR+5.1%

Air Lease Corporation generated $575.3M in revenue in Q2 2026. This represents a decrease of 21.4% from the same quarter a year earlier. Against the prior quarter it is down 22.2%.

Net Income

-$7.7M

YoY-102.0%

QoQ-106.1%

Air Lease Corporation reported a net loss of $7.7M in Q2 2026. This represents a decrease of 102.0% from the same quarter a year earlier. Against the prior quarter it is down 106.1%.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$118.5M

YoY-72.2%

QoQ-73.4%

5Y CAGR-17.4%

10Y CAGR-5.7%

Air Lease Corporation generated $118.5M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 72.2% from the same quarter a year earlier. Against the prior quarter it is down 73.4%.

Cash & Debt

$368.6M

YoY-19.0%

QoQ-33.5%

5Y CAGR-21.2%

10Y CAGR+7.9%

Air Lease Corporation held $368.6M in cash against $20.0B in long-term debt as of Q2 2026.

Shares Outstanding

200

QoQ0.0%

Air Lease Corporation had 200 shares outstanding in Q2 2026. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Net Margin

-1.3%

YoY-54.0pp

QoQ-18.4pp

5Y change-20.3pp

10Y change-27.6pp

Air Lease Corporation's net profit margin was -1.3% in Q2 2026, showing the share of revenue converted to profit. This is down 54.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 18.4 percentage points.

Return on Equity

-0.1%

YoY-4.8pp

QoQ-1.6pp

5Y change-1.6pp

10Y change-3.0pp

Air Lease Corporation's quarterly ROE was -0.1% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$15.8M

YoY-66.0%

QoQ-72.8%

5Y CAGR-23.5%

10Y CAGR-13.1%

Air Lease Corporation invested $15.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 66.0% from the same quarter a year earlier. Against the prior quarter it is down 72.8%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

AL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AL quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.9B	$3.0B+10.3%	$2.7B+1.8%	$2.7B+15.9%	$2.3B+11.0%	$2.1B+3.6%	$2.0B-0.1%	$2.0B+20.1%	$1.7B+10.8%	$1.5B+6.9%	$1.4B+16.0%	$1.2B+16.4%	$1.1B+22.3%	$858.7M+30.9%	$655.7M+94.7%	$336.7M
SG&A Expenses	$276.4M	$219.4M+18.0%	$185.9M0.0%	$186.0M+18.6%	$156.9M+25.2%	$125.3M+30.9%	$95.7M-22.6%	$123.7M+27.0%	$97.4M+6.6%	$91.3M+10.0%	$83.0M+7.8%	$77.0M-6.6%	$82.4M+15.7%	$71.2M+26.1%	$56.5M+26.7%	$44.6M
Interest Expense	$909.2M	$890.6M+6.4%	$836.8M+18.0%	$709.0M+29.8%	$546.2M+6.5%	$513.0M+8.1%	$474.8M+9.4%	$434.0M+26.6%	$342.7M+19.3%	$287.4M+0.4%	$286.2M+7.5%	$266.1M+20.7%	$220.6M+14.7%	$192.4M+30.5%	$147.4M+155.5%	$57.7M
Income Tax	$106.7M	$281.3M+166.5%	$105.6M-24.1%	$139.0Mn/m	-$41.7M-140.0%	$104.4M-20.0%	$130.4M-12.2%	$148.6M+14.9%	$129.3Mn/m	-$146.6M-171.4%	$205.3M+47.1%	$139.6M+0.6%	$138.8M+34.7%	$103.0M+43.0%	$72.1M+143.4%	$29.6M
Net Income	$445.6M	$1.1B+154.5%	$427.7M-30.4%	$614.6Mn/m	-$97.0M-122.2%	$436.6M-15.4%	$516.3M-12.1%	$587.1M+14.9%	$510.8M-32.4%	$756.2M+101.7%	$374.9M+48.0%	$253.4M-1.0%	$256.0M+34.4%	$190.4M+44.3%	$131.9M+147.8%	$53.2M
EPS (Basic)	N/A	$9.35+179.9%	$3.34-35.3%	$5.16	-$1.24	$3.58-18.8%	$4.41-14.2%	$5.14+5.3%	$4.88-33.4%	$7.33+100.8%	$3.65+47.8%	$2.47-1.6%	$2.51+33.5%	$1.88+43.5%	$1.31+122.0%	$0.59
EPS (Diluted)	—	$9.29+179.0%	$3.33-35.2%	$5.14	-$1.24	$3.57-18.7%	$4.39-13.8%	$5.09+10.7%	$4.60-32.6%	$6.82+98.3%	$3.44+47.0%	$2.34-1.7%	$2.38+32.2%	$1.80+40.6%	$1.28+116.9%	$0.59
Diluted Shares (Avg)	N/A	112M+0.4%	112M+0.4%	111M	112M	114M+0.4%	114M+0.8%	113M+0.6%	112M+0.6%	112M+0.8%	111M+0.2%	111M+0.4%	110M+1.1%	109M+1.2%	108M+19.1%	90M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$575.3M-21.4%	$739.2M+0.1%	$820.4M+15.1%	$725.4M+5.1%	$731.7M+9.7%	$738.3M+11.3%	$712.9M-0.5%	$690.2M+4.7%
SG&A Expenses	$105.9M+112.5%	$60.2M+1.4%	$58.5M+20.9%	$51.8M+16.6%	$49.9M+9.7%	$59.3M+24.3%	$48.3M-2.9%	$44.4M+3.9%
Interest Expense	$249.2M+12.1%	$214.3M-3.7%	$217.3M-1.8%	$228.4M+5.0%	$222.3M+9.3%	$222.6M+14.3%	$221.4M+21.0%	$217.5M+23.9%
Income Tax	-$1.3M-101.3%	$24.0M-75.0%	$45.5M+68.5%	$38.5M+46.7%	$101.4M+309.0%	$95.8M+249.0%	$27.0M-40.4%	$26.3M-19.4%
Net Income	-$7.7M-102.0%	$125.9M-66.5%	$180.9M+60.2%	$146.5M+40.9%	$385.2M+274.1%	$375.8M+248.4%	$112.9M-48.9%	$104.0M-21.5%
EPS (Basic)	N/A	$1.03	$1.52+83.1%	$1.21+47.6%	$3.35+313.6%	$3.27+271.6%	$0.83-56.3%	$0.82-25.5%
EPS (Diluted)	N/A	$1.02	$1.50+80.7%	$1.21+47.6%	$3.33+311.1%	$3.26+274.7%	$0.83-56.1%	$0.82-25.5%
Diluted Shares (Avg)	N/A	112M	N/A	112M+0.5%	112M+0.4%	112M+0.4%	N/A	112M+0.4%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

AL Balance Sheet

AL quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$32.9B+1.9%	$32.3B+6.0%	$30.5B+7.2%	$28.4B+5.3%	$27.0B+7.0%	$25.2B+16.1%	$21.7B+17.5%	$18.5B+18.4%	$15.6B+11.7%	$14.0B+13.1%	$12.4B+15.6%	$10.7B+14.6%	$9.3B+26.9%	$7.4B+42.4%	$5.2B
Cash & Equivalents	$466.4M-1.3%	$472.6M+2.5%	$460.9M-39.9%	$766.4M-29.5%	$1.1B-37.3%	$1.7B+446.2%	$317.5M+5.8%	$300.1M+2.7%	$292.2M+6.3%	$274.8M+75.4%	$156.7M-44.6%	$282.8M0.0%	$282.8M+22.9%	$230.1M-18.4%	$281.8M
Total Liabilities	$24.4B-1.4%	$24.7B+6.2%	$23.3B+7.1%	$21.8B+9.0%	$20.0B+4.3%	$19.1B+19.0%	$16.1B+17.6%	$13.7B+19.0%	$11.5B+8.4%	$10.6B+13.5%	$9.3B+17.9%	$7.9B+16.3%	$6.8B+35.6%	$5.0B+68.0%	$3.0B
Long-Term Debt	$19.7B-2.4%	$20.2B+5.4%	$19.2B+2.9%	$18.6B+9.5%	$17.0B+3.1%	$16.5B+21.6%	$13.6B+17.7%	$11.5B+19.0%	$9.7B+11.3%	$8.7B+13.0%	$7.7B+16.3%	$6.6B+13.3%	$5.9B+33.5%	$4.4B+68.5%	$2.6B
Total Equity	$8.5B+12.5%	$7.5B+5.2%	$7.2B+7.7%	$6.6B-5.2%	$7.0B+15.4%	$6.1B+8.0%	$5.6B+17.0%	$4.8B+16.5%	$4.1B+22.0%	$3.4B+12.0%	$3.0B+8.9%	$2.8B+9.9%	$2.5B+8.2%	$2.3B+7.2%	$2.2B
Retained Earnings	$5.1B+22.8%	$4.1B+7.2%	$3.9B+14.3%	$3.4B-6.2%	$3.6B+10.1%	$3.3B+15.2%	$2.8B+22.1%	$2.3B+24.9%	$1.9B+63.2%	$1.1B+44.4%	$791.5M+42.5%	$555.6M+77.6%	$312.9M+135.0%	$133.1M+11067.0%	$1.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$30.5B-8.4%	$33.2B+2.5%	$32.9B+1.9%	$33.4B+3.8%	$33.3B+7.3%	$32.4B+4.7%	$32.3B+6.0%	$32.2B+8.4%
Cash & Equivalents	$368.6M-19.0%	$554.1M+21.3%	$466.4M-1.3%	$452.2M-1.9%	$454.8M+0.1%	$456.6M-17.6%	$472.6M+2.5%	$460.8M-10.0%
Total Liabilities	$24.4B-2.7%	$24.6B+0.5%	$24.4B-1.4%	$25.0B+2.3%	$25.1B+5.7%	$24.5B+3.4%	$24.7B+6.2%	$24.5B+7.8%
Long-Term Debt	$20.0B-1.6%	$19.8B-0.4%	$19.7B-2.4%	$20.2B+0.2%	$20.3B+3.3%	$19.9B+2.1%	$20.2B+5.4%	$20.2B+8.1%
Total Equity	$6.1B-25.6%	$8.5B+8.7%	$8.5B+12.5%	$8.3B+8.7%	$8.2B+12.5%	$7.9B+8.8%	$7.5B+5.2%	$7.7B+10.3%
Retained Earnings	-$141.0M-102.9%	$5.2B+15.5%	$5.1B+22.8%	$4.9B+21.3%	$4.8B+20.6%	$4.5B+13.8%	$4.1B+7.2%	$4.1B+10.8%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.

AL Cash Flow Statement

AL quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.5B	$1.7B+3.4%	$1.7B-4.0%	$1.7B+26.4%	$1.4B+0.4%	$1.4B+26.3%	$1.1B-21.7%	$1.4B+11.0%	$1.3B+18.3%	$1.1B+3.9%	$1.0B+21.5%	$839.8M+9.2%	$769.0M+17.5%	$654.2M+33.2%	$491.0M+83.8%	$267.2M
Depreciation & Amortization	N/A	$1.2B+7.0%	$1.1B+7.0%	$1.1B+10.6%	$966.0M+9.4%	$882.6M+13.0%	$780.7M+11.1%	$702.8M+20.8%	$582.0M+14.5%	$508.4M+12.3%	$452.7M+13.8%	$397.8M+18.1%	$336.7M+20.2%	$280.0M+29.5%	$216.2M+92.5%	$112.3M
Stock-Based Compensation	N/A	$48.9M+44.4%	$33.9M-2.1%	$34.6M+121.8%	$15.6M-41.2%	$26.5M+50.4%	$17.6M-15.0%	$20.7M+18.7%	$17.5M-11.7%	$19.8M+16.9%	$16.9M-0.5%	$17.0M+6.1%	$16.0M-25.8%	$21.6M-31.8%	$31.7M-19.5%	$39.3M
Capital Expenditures	$192.4M	$237.7M-38.6%	$387.3M+26.8%	$305.3M+40.9%	$216.6M-5.7%	$229.7M+42.6%	$161.0M-44.7%	$291.3M+1.3%	$287.5M+62.0%	$177.4M-16.0%	$211.4M-3.8%	$219.7M-8.2%	$239.5M	N/A	N/A	N/A
Free Cash Flow	$1.3B	$1.5B+16.1%	$1.3B-10.5%	$1.4B+23.7%	$1.2B+1.6%	$1.1B+23.5%	$929.2M-15.6%	$1.1B+13.9%	$966.6M+9.6%	$882.3M+9.1%	$808.7M+30.4%	$620.1M+17.1%	$529.6M	N/A	N/A	N/A
Investing Cash Flow	-$10.3B	-$1.3Bn/m	-$3.0Bn/m	-$2.8Bn/m	-$3.4Bn/m	-$3.1Bn/m	-$2.5Bn/m	-$3.8Bn/m	-$3.4Bn/m	-$2.1Bn/m	-$2.0Bn/m	-$2.2B	N/A	N/A	N/A	N/A
Financing Cash Flow	$8.8B	-$419.7M-130.6%	$1.4B+91.5%	$716.0M-57.7%	$1.7B+58.5%	$1.1B-62.6%	$2.9B+15.8%	$2.5B+15.0%	$2.1B+94.7%	$1.1B-0.1%	$1.1B-7.1%	$1.2B	N/A	N/A	N/A	N/A
Dividends Paid	$73.8M	$98.3M+5.1%	$93.5M+5.3%	$88.8M+6.7%	$83.3M+14.0%	$73.0M+7.1%	$68.2M+17.5%	$58.0M+39.6%	$41.6M+34.4%	$30.9M+50.5%	$20.6M+25.3%	$16.4M+34.0%	$12.2M+60.9%	$7.6M	N/A	N/A
Share Buybacks	N/A	N/A	$0n/m	$0-100.0%	$150.0M+2495.2%	$5.8Mn/m	$0n/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$134.4M-71.6%	$503.3M+29.6%	$414.1M-3.7%	$458.6M-0.7%	$473.6M+14.5%	$388.3M+4.6%	$430.0M-7.4%	$461.9M+15.1%
Depreciation & Amortization	$195.9M-35.6%	$309.8M+3.6%	$309.1M+5.0%	$311.1M+7.2%	$304.3M+7.9%	$299.0M+7.8%	$294.4M+7.8%	$290.1M+8.5%
Stock-Based Compensation	$0-100.0%	$5.1M-71.1%	N/A	$9.6M+21.3%	$12.7M+43.4%	$17.6M+112.9%	N/A	$7.9M-9.2%
Capital Expenditures	$15.8M-66.0%	$58.3M-20.0%	$71.9M-30.3%	$46.3M-49.7%	$46.5M-30.9%	$72.9M-41.5%	$103.2M+3.2%	$92.1M+15.4%
Free Cash Flow	$118.5M-72.2%	$445.0M+41.1%	$342.1M+4.7%	$412.3M+11.5%	$427.1M+23.3%	$315.5M+27.8%	$326.8M-10.4%	$369.8M+15.0%
Investing Cash Flow	-$9.4Bn/m	-$572.2Mn/m	$85.4Mn/m	-$434.1Mn/m	-$870.2Mn/m	-$102.2Mn/m	-$358.1Mn/m	-$1.3Bn/m
Financing Cash Flow	$9.2B+2227.8%	$153.5Mn/m	-$485.3Mn/m	-$27.7M-103.4%	$394.9M+50.5%	-$301.6M-186.1%	-$61.1M-110.3%	$819.2Mn/m
Dividends Paid	$0-100.0%	$24.6M+0.3%	$24.6M+5.1%	$24.6M+5.1%	$24.6M+5.1%	$24.5M+5.1%	$23.4M+5.3%	$23.4M+5.3%

Not reported in any period shown, so not listed: Share Buybacks.

AL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AL quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	36.1%+20.4pp	15.7%-7.2pp	22.9%+27.1pp	-4.2%-25.1pp	20.9%-4.7pp	25.6%-3.5pp	29.1%-1.3pp	30.4%-19.5pp	49.9%+23.4pp	26.4%+5.7pp	20.7%-3.7pp	24.4%+2.2pp	22.2%+2.1pp	20.1%+4.3pp	15.8%
Return on Equity	12.8%+7.2pp	5.7%-2.9pp	8.6%+10.0pp	-1.5%-7.7pp	6.2%-2.3pp	8.5%-1.9pp	10.4%-0.2pp	10.6%-7.7pp	18.3%+7.2pp	11.1%+2.7pp	8.4%-0.8pp	9.2%+1.7pp	7.5%+1.9pp	5.7%+3.2pp	2.5%
Return on Assets	3.3%+2.0pp	1.3%-0.7pp	2.0%+2.4pp	-0.3%-2.0pp	1.6%-0.4pp	2.1%-0.6pp	2.7%-0.1pp	2.8%-2.1pp	4.8%+2.2pp	2.7%+0.6pp	2.1%-0.3pp	2.4%+0.3pp	2.0%+0.3pp	1.8%+0.8pp	1.0%
Debt-to-Equity	2.33-0.4x	2.680.0x	2.68-0.1x	2.80+0.4x	2.43-0.3x	2.72+0.3x	2.410.0x	2.40+0.1x	2.35-0.2x	2.580.0x	2.55+0.2x	2.39+0.1x	2.32+0.4x	1.88+0.7x	1.20
Liabilities-to-Equity	2.88-0.4x	3.290.0x	3.250.0x	3.27+0.4x	2.85-0.3x	3.15+0.3x	2.860.0x	2.84+0.1x	2.78-0.3x	3.130.0x	3.09+0.2x	2.86+0.2x	2.70+0.5x	2.15+0.8x	1.37
Asset Turnover	0.090.0x	0.080.0x	0.090.0x	0.080.0x	0.080.0x	0.080.0x	0.090.0x	0.090.0x	0.100.0x	0.100.0x	0.100.0x	0.100.0x	0.090.0x	0.090.0x	0.07
FCF Margin	49.6%+2.5pp	47.2%-6.5pp	53.7%+3.4pp	50.3%-4.6pp	54.9%+8.8pp	46.1%-8.5pp	54.6%-2.9pp	57.6%-0.6pp	58.2%+1.2pp	57.0%+6.3pp	50.7%+0.3pp	50.4%	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	-1.3%-54.0pp	17.0%-33.9pp	22.1%+6.2pp	20.2%+5.1pp	52.6%+37.2pp	50.9%+34.7pp	15.8%-15.0pp	15.1%-5.0pp
Return on Equity	-0.1%-4.8pp	1.5%-3.3pp	2.1%+0.6pp	1.8%+0.4pp	4.7%+3.3pp	4.8%+3.3pp	1.5%-1.6pp	1.4%-0.5pp
Return on Assets	0.0%-1.2pp	0.4%-0.8pp	0.5%+0.2pp	0.4%+0.1pp	1.2%+0.8pp	1.2%+0.8pp	0.4%-0.4pp	0.3%-0.1pp
Debt-to-Equity	3.27+0.8x	2.32-0.2x	2.33-0.4x	2.42-0.2x	2.47-0.2x	2.53-0.2x	2.680.0x	2.63-0.1x
Liabilities-to-Equity	3.99+0.9x	2.88-0.2x	2.88-0.4x	3.00-0.2x	3.05-0.2x	3.11-0.2x	3.290.0x	3.19-0.1x
Asset Turnover	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x
FCF Margin	20.6%-37.8pp	60.2%+17.5pp	41.7%-4.1pp	56.8%+3.2pp	58.4%+6.5pp	42.7%+5.5pp	45.8%-5.0pp	53.6%+4.8pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Air Lease Corporation AL	FY2025	$3.0B	$1.1B	36.1%	N/A	66/100
GATX Corporation GATX	FY2025	$1.7B	$333.3M	19.1%	$6.3B	44/100
Ryder System, Inc. R	FY2025	$12.7B	$499.0M	3.9%	$10.8B	40/100
Avis Budget Group, Inc. CAR	FY2025	$11.7B	-$889.0M	-7.6%	$3.8B	21/100
Herc Holdings Inc. HRI	FY2025	$4.4B	$1.0M	0.0%	$5.5B	58/100
WillScot Holdings Corporation WSC	FY2025	$2.3B	-$53.0M	-2.3%	$3.3B	42/100

Where Air Lease Corporation Ranks

Frequently Asked Questions

What is Air Lease Corporation's annual revenue?

Air Lease Corporation (AL) reported $3.0B in total revenue for fiscal year 2025. This represents a 10.3% 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 Corporation's revenue growing?

Air Lease Corporation (AL) revenue grew by 10.3% year-over-year, from $2.7B to $3.0B in fiscal year 2025.

Is Air Lease Corporation profitable?

Yes, Air Lease Corporation (AL) reported a net income of $445.6M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $1.1B, with a net profit margin of 36.1%.

How much debt does Air Lease Corporation have?

As of fiscal year 2025, Air Lease Corporation (AL) had $466.4M in cash and equivalents against $19.7B in long-term debt.

What is Air Lease Corporation's net profit margin?

Air Lease Corporation (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 Corporation pay dividends?

Yes, Air Lease Corporation (AL) paid $0.88 per share in dividends during fiscal year 2025.

What is Air Lease Corporation's return on equity (ROE)?

Air Lease Corporation (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 Corporation's free cash flow?

Air Lease Corporation (AL) generated $1.5B in free cash flow during fiscal year 2025. This represents a 16.1% 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 Corporation's operating cash flow?

Air Lease Corporation (AL) generated $1.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Air Lease Corporation's total assets?

Air Lease Corporation (AL) had $32.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Air Lease Corporation's capital expenditures?

Air Lease Corporation (AL) invested $237.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Air Lease Corporation have outstanding?

Air Lease Corporation (AL) had 112M shares outstanding as of fiscal year 2025.

What is Air Lease Corporation's debt-to-equity ratio?

Air Lease Corporation (AL) had a debt-to-equity ratio of 2.33 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Air Lease Corporation's liabilities-to-equity ratio?

Air Lease Corporation (AL) had a liabilities-to-equity ratio of 2.88 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Air Lease Corporation's return on assets (ROA)?

Air Lease Corporation (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 Corporation's Piotroski F-Score?

Air Lease Corporation (AL) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Air Lease Corporation's earnings high quality?

Air Lease Corporation (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 Corporation?

Air Lease Corporation (AL) scores 66 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Air Lease Corporation it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.