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

Willis Lease (WLFC) reported diluted earnings per share of $15.39 for fiscal year 2025. This represents a 0.3% 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.

Willis Lease Financials

WLFC

Trailing 12 months to June 30, 2026

Revenue $765.4M +17.3% YoY

Net Income $92.0M -25.1% YoY

EPS (Diluted) $15.39 FY2025 annual

Free Cash Flow $252.0M -6.3% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Willis Lease (WLFC) reported $765.4M in revenue over the twelve months to Jun 30, 2026, up 17.3% 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 WLFC FY2025 2026-08-29

Debt-funded fleet expansion is the dominant mechanic: assets and revenue scale rapidly while operating margins retreat from their FY2024 peak.

Over the latest two years, revenue increased while operating margin fell to 14.3%, indicating scale has not translated into proportionate operating profit. Operating cash flow exceeded net income in FY2025, but free cash flow remained below operating cash flow as capital expenditures increased; reported profitability converts to cash, though asset reinvestment absorbs part of it.

Total assets expanded to $3.9B and long-term debt to $2.7B in FY2025. Debt-to-equity remained at 4.1x, indicating expansion is being financed predominantly with borrowing and leaving returns sensitive to funding costs.

Interest expense rose to $132M while operating income was $104M, making financing costs a major counterweight to the operating result. This helps explain why net earnings are not fully explained by operating performance alone.

Financial Health Signals

Financial Health Score 43/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 Willis Lease'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

Willis Lease has an operating margin of 14.3%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is down from 25.4% the prior year.

Growth

Willis Lease's revenue surged 28.3% year-over-year to $730.2M, reflecting rapid business expansion. This strong growth earns a score of 90/100.

Leverage

Willis Lease has elevated debt relative to equity (D/E of 4.08), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 3/100, reflecting increased financial risk.

Liquidity

Not available for Willis Lease, and counted as zero in the overall score.

Cash Flow

Willis Lease converts 34.5% of revenue into free cash flow ($252.2M). This strong cash generation earns a score of 98/100.

Returns

Not available for Willis Lease, and counted as zero in the overall score.

Piotroski F-Score Partial

5/7

Willis Lease passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.48x

For every $1 of reported earnings, Willis Lease generates $2.48 in operating cash flow ($283.2M OCF vs $114.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

0.79x

Willis Lease earns $0.79 in operating income for every $1 of interest expense ($104.3M vs $132.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$730.2M

YoY+28.3%

5Y CAGR+20.4%

10Y CAGR+13.9%

Willis Lease generated $730.2M in revenue in fiscal year 2025. This represents an increase of 28.3% from the prior year.

EBITDA

$215.8M

YoY-8.9%

5Y CAGR+14.6%

10Y CAGR+10.3%

Willis Lease's EBITDA was $215.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.9% from the prior year.

Net Income

$114.0M

YoY+4.6%

5Y CAGR+63.5%

10Y CAGR+33.3%

Willis Lease reported $114.0M in net income in fiscal year 2025. This represents an increase of 4.6% from the prior year.

EPS (Diluted)

$15.39

YoY+0.3%

Willis Lease earned $15.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$252.2M

YoY-6.2%

5Y CAGR+22.8%

10Y CAGR+10.4%

Willis Lease generated $252.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.2% from the prior year.

Cash & Debt

$16.4M

YoY+80.5%

5Y CAGR-17.3%

10Y CAGR+5.4%

Willis Lease held $16.4M in cash against $2.7B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.15

YoY-23.3%

Willis Lease paid $1.15 per share in dividends in fiscal year 2025. This represents a decrease of 23.3% from the prior year.

Shares Outstanding

YoY+2.7%

Willis Lease had 7M shares outstanding in fiscal year 2025. This represents an increase of 2.7% from the prior year.

Margins & Returns

Operating Margin

14.3%

YoY-11.1pp

5Y CAGR+9.2pp

10Y CAGR+8.4pp

Willis Lease's operating margin was 14.3% in fiscal year 2025, reflecting core business profitability. This is down 11.1 percentage points from the prior year.

Net Margin

15.6%

YoY-3.5pp

5Y CAGR+12.2pp

10Y CAGR+12.3pp

Willis Lease's net profit margin was 15.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.5 percentage points from the prior year.

Return on Equity

17.2%

YoY-2.6pp

5Y CAGR+14.5pp

10Y CAGR+14.1pp

Willis Lease's ROE was 17.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

$3.8M

5Y CAGR+20.2%

10Y CAGR-13.7%

Willis Lease spent $3.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$31.1M

YoY+98.8%

5Y CAGR+59.9%

10Y CAGR+22.8%

Willis Lease invested $31.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 98.8% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

WLFC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WLFC quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$765.4M	$730.2M+28.3%	$569.2M+36.0%	$418.6M+34.2%	$311.9M+13.8%	$274.2M-5.0%	$288.7M-29.4%	$409.2M+17.5%	$348.3M+26.7%	$274.8M+32.6%	$207.3M+4.7%	$198.1M+13.8%	$174.1M+9.9%	$158.4M+7.0%	$148.1M-5.5%	$156.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$62.6M+2.7%	$61.0M+49.4%	$40.8M+207.3%	$13.3M	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	$346.5M+20.6%	$287.3M+22.8%	$234.0M+20.6%	$194.0M	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$208.7M	$194.7M+32.7%	$146.8M+26.8%	$115.7M+25.1%	$92.5M+22.8%	$75.3M+11.0%	$67.9M-21.5%	$86.5M+20.1%	$72.0M+29.2%	$55.7M+16.7%	$47.8M+11.8%	$42.7M+19.2%	$35.9M+5.9%	$33.9M-2.0%	$34.6M-3.2%	$35.7M
Operating Income	$119.9M	$104.3M-27.8%	$144.4M+124.8%	$64.2M+551.7%	$9.9M+18.2%	$8.3M-43.2%	$14.7M-81.7%	$80.3M+53.0%	$52.5M+81.9%	$28.9M+30.4%	$22.1M+90.8%	$11.6M+11.4%	$10.4M+33.9%	$7.8M+729.7%	$937K-95.9%	$22.6M
Interest Expense	$128.7M	$132.1M+26.1%	$104.8M+33.0%	$78.8M+18.1%	$66.7M-1.8%	$68.0M+7.9%	$63.0M-5.8%	$66.9M+4.2%	$64.2M+31.8%	$48.7M+18.4%	$41.1M+5.5%	$39.0M+5.3%	$37.1M-4.3%	$38.7M+22.0%	$31.7M-9.8%	$35.2M
Income Tax	$44.1M	$46.8M+6.4%	$44.0M+88.6%	$23.3M+436.3%	$4.4M-24.8%	$5.8M-23.7%	$7.6M-65.4%	$22.0M+68.4%	$13.0M+149.9%	-$26.1M-364.7%	$9.9M+56.4%	$6.3M+38.5%	$4.6M+205.4%	-$4.3M-472.6%	$1.2M-87.6%	$9.4M
Net Income	$92.0M	$114.0M+4.6%	$109.0M+147.7%	$44.0M+709.0%	$5.4M+62.3%	$3.4M-65.6%	$9.7M-85.4%	$66.9M+54.8%	$43.2M-30.4%	$62.2M+341.8%	$14.1M+117.8%	$6.5M-10.0%	$7.2M-54.1%	$15.6M+918.0%	$1.5M-89.4%	$14.5M
EPS (Diluted)	—	$15.39+0.3%	$15.34+146.2%	$6.23	$0.33	$0.00-100.0%	$1.05-90.0%	$10.50+59.1%	$6.60-31.9%	$9.69+372.7%	$2.05+153.1%	$0.81-8.0%	$0.88-53.4%	$1.89+539.5%	-$0.43-133.6%	$1.28

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$194.0M-0.2%	$194.3M+0.4%	$193.6M+5.6%	$183.4M-6.2%	$195.5M+23.9%	$157.7M+3.2%	$152.8M+4.5%	$146.2M
SG&A Expenses	$55.6M-1.8%	$56.6M+19.4%	$47.4M-3.6%	$49.2M-2.5%	$50.4M+5.7%	$47.7M+12.4%	$42.5M+6.0%	$40.0M
Operating Income	$34.0M+0.6%	$33.8M+139.7%	$14.1M-62.9%	$38.0M+34.5%	$28.3M+18.2%	$23.9M-18.7%	$29.4M-12.8%	$33.7M
Interest Expense	$29.7M-9.0%	$32.6M+1.3%	$32.2M-5.7%	$34.2M+1.8%	$33.6M+4.6%	$32.1M+9.2%	$29.4M+5.7%	$27.8M
Income Tax	$7.8M-33.4%	$11.8M+108.0%	$5.7M-70.1%	$18.9M+35.7%	$13.9M+66.0%	$8.4M-10.1%	$9.3M-10.0%	$10.4M
Net Income	$30.2M+20.3%	$25.1M+101.8%	$12.4M-48.9%	$24.3M-59.7%	$60.4M+257.9%	$16.9M-21.4%	$21.4M-11.0%	$24.1M
EPS (Diluted)	$1.31	$3.26+117.3%	$1.50-53.8%	$3.25	$2.81	$2.21-20.2%	$2.77-17.8%	$3.37

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

WLFC Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WLFC quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$3.9B+19.4%	$3.3B+24.3%	$2.7B+3.0%	$2.6B+4.6%	$2.5B+4.1%	$2.4B+21.9%	$1.9B+0.3%	$1.9B+20.7%	$1.6B+19.8%	$1.3B+3.4%	$1.3B+3.9%	$1.2B+3.9%	$1.2B+11.2%	$1.1B-4.8%	$1.1B
Cash & Equivalents	$16.4M+80.5%	$9.1M+28.8%	$7.1M-41.8%	$12.1M-15.2%	$14.3M-66.3%	$42.5M+533.0%	$6.7M-42.5%	$11.7M+65.7%	$7.1M-30.0%	$10.1M+3.5%	$9.7M-27.9%	$13.5M+5.4%	$12.8M+138.0%	$5.4M-16.5%	$6.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$25.4M	N/A	$8.9M+171.7%	$3.3M	N/A	N/A
Accounts Receivable	$35.7M-6.7%	$38.3M-34.5%	$58.5M+24.6%	$47.0M+18.5%	$39.6M+40.2%	$28.3M+17.5%	$24.1M+3.4%	$23.3M+23.5%	$18.8M+14.3%	$16.5M+21.0%	$13.6M+52.9%	$8.9M-32.9%	$13.3M+2.9%	$12.9M+53.1%	$8.4M
Goodwill	$300K-70.0%	$1.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2B+19.6%	$2.7B+24.1%	$2.2B+2.0%	$2.1B+4.1%	$2.0B+4.4%	$2.0B+26.7%	$1.5B-3.6%	$1.6B+23.4%	$1.3B+15.4%	$1.1B+3.4%	$1.1B+3.9%	$1.0B+5.9%	$986.6M+12.2%	$879.6M-1.9%	$896.5M
Long-Term Debt	$2.7B+19.2%	$2.3B+25.6%	$1.8B-2.4%	$1.8B+3.2%	$1.8B+5.7%	$1.7B+35.4%	$1.3B-6.5%	$1.3B+23.2%	$1.1B+20.6%	$900.3M+3.9%	$866.1M+3.0%	$841.0M+6.8%	$787.6M+13.0%	$697.0M-2.9%	$718.1M
Total Equity	$662.1M+20.5%	$549.3M+25.1%	$439.0M+8.5%	$404.7M+7.7%	$375.9M+3.3%	$364.0M+3.9%	$350.3M+22.2%	$286.8M+10.8%	$258.9M+31.9%	$196.3M-6.2%	$209.2M-3.4%	$216.6M+2.0%	$212.5M+6.7%	$199.2M-15.7%	$236.3M
Retained Earnings	$590.8M+20.2%	$491.4M+23.5%	$397.8M+11.3%	$357.5M+0.6%	$355.4M0.0%	$355.4M+1.8%	$349.0M+21.8%	$286.6M+11.8%	$256.3M+31.6%	$194.7M+7.6%	$180.9M+3.6%	$174.7M+4.3%	$167.5M+10.3%	$151.8M-3.1%	$156.7M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$3.7B+4.2%	$3.5B-10.9%	$3.9B+15.1%	$3.4B-13.3%	$3.9B+20.5%	$3.3B-0.7%	$3.3B+8.3%	$3.0B
Cash & Equivalents	$10.7M-56.3%	$24.6M+49.3%	$16.4M+27.6%	$12.9M-65.4%	$37.3M+15.2%	$32.4M+255.2%	$9.1M+57.3%	$5.8M
Accounts Receivable	$41.4M+6.4%	$38.9M+8.9%	$35.7M-15.5%	$42.3M+12.3%	$37.6M-9.3%	$41.5M+8.4%	$38.3M+3.3%	$37.1M
Goodwill	N/A	N/A	$300K	N/A	N/A	N/A	$1.0M	N/A
Total Liabilities	$2.9B+4.8%	$2.7B-14.4%	$3.2B+18.6%	$2.7B-17.1%	$3.3B+23.4%	$2.6B-1.4%	$2.7B+9.0%	$2.5B
Long-Term Debt	$2.3B+3.0%	$2.3B-16.5%	$2.7B+20.6%	$2.2B-20.0%	$2.8B+25.5%	$2.2B-1.5%	$2.3B+13.8%	$2.0B
Total Equity	$708.6M+2.0%	$694.4M+4.9%	$662.1M+1.8%	$650.2M+5.2%	$617.9M+9.3%	$565.5M+2.9%	$549.3M+6.1%	$517.8M
Retained Earnings	$637.0M+4.2%	$611.3M+3.5%	$590.8M+1.3%	$583.1M+3.7%	$562.1M+11.3%	$505.1M+2.8%	$491.4M+3.8%	$473.6M

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities.

WLFC Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WLFC quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$272.2M	$283.2M-0.4%	$284.4M+23.8%	$229.7M+59.1%	$144.4M+59.3%	$90.7M-3.0%	$93.4M-59.4%	$230.3M+22.1%	$188.7M+37.6%	$137.1M+49.7%	$91.6M-6.4%	$97.8M+55.8%	$62.8M-21.8%	$80.3M+19.3%	$67.3M-12.2%	$76.7M
Capital Expenditures	$20.3M	$31.1M+98.8%	$15.6M+204.1%	$5.1M-22.5%	$6.6M+206.2%	$2.2M-27.3%	$3.0M-53.0%	$6.3M+81.5%	$3.5M-67.7%	$10.8M+972.4%	$1.0M-74.8%	$4.0M-71.2%	$13.8M+2953.2%	$453K-62.8%	$1.2M+34.8%	$904K
Free Cash Flow	$252.0M	$252.2M-6.2%	$268.8M+19.7%	$224.6M+63.0%	$137.8M+55.7%	$88.5M-2.2%	$90.5M-59.6%	$224.0M+20.9%	$185.2M+46.6%	$126.3M+39.5%	$90.6M-3.4%	$93.8M+91.7%	$48.9M-38.7%	$79.8M+20.8%	$66.1M-12.8%	$75.8M
Investing Cash Flow	-$332.4M	-$256.4M+66.5%	-$764.9M-724.4%	-$92.8M+52.3%	-$194.4M-31.3%	-$148.0M+70.8%	-$506.7M-243.6%	-$147.4M+61.2%	-$380.5M-16.9%	-$325.6M-164.2%	-$123.2M+11.7%	-$139.5M	N/A	N/A	N/A	-$45.2M
Financing Cash Flow	-$550.2M	$387.6M-12.9%	$445.0M+867.9%	-$57.9M-233.7%	$43.3M-41.5%	$74.1M-82.7%	$428.5M+523.6%	-$101.2M-144.7%	$226.4M+11.3%	$203.4M+857.4%	$21.2M+7.7%	$19.7M	N/A	N/A	N/A	-$27.3M
Dividends Paid	$11.1M	$8.7M-18.7%	$10.7M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$3.8M	$0-100.0%	$9.4M+79.8%	$5.2M-48.0%	$10.1M+567.9%	$1.5M-57.7%	$3.6M-77.9%	$16.1M+355.0%	$3.5M-87.8%	$29.0M+75.5%	$16.5M+208.3%	$5.4M-9.6%	$5.9M-53.5%	$12.7M+125.0%	$5.7M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$77.5M+36.8%	$56.7M-23.6%	$74.2M+16.1%	$63.9M-38.7%	$104.2M+154.0%	$41.0M-39.7%	$68.0M-21.7%	$86.8M
Capital Expenditures	$2.7M-22.4%	$3.5M-55.3%	$7.9M+30.9%	$6.0M-37.3%	$9.6M+28.9%	$7.5M-41.9%	$12.9M+1131.2%	$1.0M
Free Cash Flow	$74.8M+40.7%	$53.1M-19.8%	$66.2M+14.5%	$57.8M-38.8%	$94.5M+181.9%	$33.5M-39.1%	$55.1M-35.8%	$85.7M
Investing Cash Flow	-$158.1M-297.9%	$79.9M+153.9%	-$148.2M-39.9%	-$106.0M-564.8%	-$15.9M-216.4%	$13.7M+104.4%	-$309.9M-72.2%	-$180.0M
Financing Cash Flow	$32.3M+107.0%	-$462.9M-202.9%	$450.0M+179.0%	-$569.5M-204.5%	$545.2M+1530.6%	-$38.1M-114.1%	$269.4M+434.7%	$50.4M
Dividends Paid	$3.0M-2.2%	$3.1M+1.8%	$3.1M+60.0%	$1.9M-0.3%	$1.9M+4.6%	$1.8M+2.1%	$1.8M+0.4%	$1.8M

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

WLFC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

WLFC quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	84.7%+2.2pp	82.5%-2.7pp	85.1%-8.4pp	93.6%	N/A	N/A	N/A	N/A	N/A
Operating Margin	14.3%-11.1pp	25.4%+10.0pp	15.3%+12.2pp	3.2%+0.1pp	3.0%-2.1pp	5.1%-14.5pp	19.6%+4.6pp	15.1%+4.6pp	10.5%-0.2pp	10.7%+4.8pp	5.9%-0.1pp	6.0%+1.1pp	4.9%+4.3pp	0.6%-13.8pp	14.4%
Net Margin	15.6%-3.5pp	19.1%+8.6pp	10.5%+8.8pp	1.7%+0.5pp	1.2%-2.2pp	3.4%-13.0pp	16.4%+3.9pp	12.4%-10.2pp	22.6%+15.8pp	6.8%+3.5pp	3.3%-0.9pp	4.1%-5.7pp	9.9%+8.8pp	1.0%-8.2pp	9.3%
Return on Equity	17.2%-2.6pp	19.8%+9.8pp	10.0%+8.7pp	1.3%+0.5pp	0.9%-1.8pp	2.7%-16.4pp	19.1%+4.0pp	15.1%-8.9pp	24.0%+16.8pp	7.2%+4.1pp	3.1%-0.2pp	3.3%-4.0pp	7.3%+6.6pp	0.8%-5.4pp	6.1%
Return on Assets	2.9%-0.4pp	3.3%+1.6pp	1.7%+1.5pp	0.2%+0.1pp	0.1%-0.3pp	0.4%-3.0pp	3.5%+1.2pp	2.2%-1.7pp	3.9%+2.8pp	1.1%+0.6pp	0.5%-0.1pp	0.6%-0.7pp	1.3%+1.2pp	0.1%-1.1pp	1.3%
Debt-to-Equity	4.080.0x	4.120.0x	4.11-0.5x	4.56-0.2x	4.76+0.1x	4.65+1.1x	3.57-1.1x	4.66+0.5x	4.19-0.4x	4.59+0.4x	4.14+0.3x	3.88+0.2x	3.71+0.2x	3.50+0.5x	3.04
FCF Margin	34.5%-12.7pp	47.2%-6.4pp	53.7%+9.5pp	44.2%+11.9pp	32.3%+0.9pp	31.3%-23.4pp	54.7%+1.6pp	53.2%+7.2pp	46.0%+2.3pp	43.7%-3.7pp	47.4%+19.3pp	28.1%-22.3pp	50.4%+5.8pp	44.6%-3.7pp	48.4%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Margin	17.5%+0.1pp	17.4%+10.1pp	7.3%-13.5pp	20.7%+6.3pp	14.5%-0.7pp	15.2%-4.1pp	19.2%-3.8pp	23.1%
Net Margin	15.6%+2.6pp	12.9%+6.5pp	6.4%-6.8pp	13.3%-17.6pp	30.9%+20.2pp	10.7%-3.4pp	14.0%-2.4pp	16.5%
Return on Equity	4.3%+0.6pp	3.6%+1.7pp	1.9%-1.9pp	3.7%-6.0pp	9.8%+6.8pp	3.0%-0.9pp	3.9%-0.8pp	4.7%
Return on Assets	0.8%+0.1pp	0.7%+0.4pp	0.3%-0.4pp	0.7%-0.8pp	1.5%+1.0pp	0.5%-0.1pp	0.7%-0.1pp	0.8%
Debt-to-Equity	3.280.0x	3.25-0.8x	4.08+0.6x	3.44-1.1x	4.53+0.6x	3.95-0.2x	4.12+0.3x	3.84
FCF Margin	38.5%+11.2pp	27.3%-6.9pp	34.2%+2.7pp	31.5%-16.8pp	48.4%+27.1pp	21.3%-14.8pp	36.0%-22.6pp	58.6%

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

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Where Willis Lease Ranks

Frequently Asked Questions

What is Willis Lease's annual revenue?

Willis Lease (WLFC) reported $730.2M in total revenue for fiscal year 2025. This represents a 28.3% 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 Willis Lease's revenue growing?

Willis Lease (WLFC) revenue grew by 28.3% year-over-year, from $569.2M to $730.2M in fiscal year 2025.

Is Willis Lease profitable?

Yes, Willis Lease (WLFC) reported a net income of $114.0M in fiscal year 2025, with a net profit margin of 15.6%.

What is Willis Lease's EBITDA?

Willis Lease (WLFC) had EBITDA of $215.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Willis Lease have?

As of fiscal year 2025, Willis Lease (WLFC) had $16.4M in cash and equivalents against $2.7B in long-term debt.

What is Willis Lease's operating margin?

Willis Lease (WLFC) had an operating margin of 14.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Willis Lease's net profit margin?

Willis Lease (WLFC) had a net profit margin of 15.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Willis Lease pay dividends?

Yes, Willis Lease (WLFC) paid $1.15 per share in dividends during fiscal year 2025.

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

Willis Lease (WLFC) has a return on equity of 17.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Willis Lease's free cash flow?

Willis Lease (WLFC) generated $252.2M in free cash flow during fiscal year 2025. This represents a -6.2% 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 Willis Lease's operating cash flow?

Willis Lease (WLFC) generated $283.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Willis Lease's total assets?

Willis Lease (WLFC) had $3.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Willis Lease's capital expenditures?

Willis Lease (WLFC) invested $31.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Willis Lease buy back shares?

Yes, Willis Lease (WLFC) spent $3.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Willis Lease have outstanding?

Willis Lease (WLFC) had 7M shares outstanding as of fiscal year 2025.

What is Willis Lease's debt-to-equity ratio?

Willis Lease (WLFC) had a debt-to-equity ratio of 4.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

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

Willis Lease (WLFC) had a return on assets of 2.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Willis Lease's Piotroski F-Score?

Willis Lease (WLFC) has a Piotroski F-Score of 5 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 Willis Lease's earnings high quality?

Willis Lease (WLFC) has an earnings quality ratio of 2.48x, 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.

Can Willis Lease cover its interest payments?

Willis Lease (WLFC) has an interest coverage ratio of 0.79x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Willis Lease?

Willis Lease (WLFC) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite 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. 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.