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AL

AL - Air Lease Corp Stock Price, Fair Value and News

45.40USD-0.72 (-1.56%)Market Closed

Market Summary

AL
USD45.40-0.72
Market Closed
-1.56%

AL Alerts

  • 1 major insider sales recently.

AL Stock Price

View Fullscreen

AL RSI Chart

AL Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

8.65

Price/Sales (Trailing)

1.89

EV/EBITDA

9.41

Price/Free Cashflow

3.69

AL Price/Sales (Trailing)

AL Profitability

EBT Margin

26.94%

Return on Equity

8.21%

Return on Assets

1.92%

Free Cashflow Yield

27.14%

AL Fundamentals

AL Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

4.27%

Rev. Growth (Qtr)

-7.43%

AL Earnings

Earnings (TTM)

593.8M

Earnings Growth (Yr)

-16.2%

Earnings Growth (Qtr)

-51.2%

Breaking Down AL Revenue

Last 7 days

-1.8%

Last 30 days

-5.6%

Last 90 days

-0.6%

Trailing 12 Months

9.2%

How does AL drawdown profile look like?

AL Financial Health

Debt/Equity

2.69

Debt/Cashflow

0.09

AL Investor Care

Dividend Yield

1.76%

Dividend/Share (TTM)

0.81

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

4.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.7B000
20232.4B2.5B2.6B2.7B
20222.2B2.3B2.3B2.3B
20212.0B1.9B2.0B2.1B
20202.1B2.1B2.1B2.0B
20191.8B1.8B1.9B2.0B
20181.5B1.6B1.6B1.7B
20171.4B1.5B1.5B1.5B
20161.3B1.3B1.4B1.4B
20151.1B1.1B1.2B1.2B
2014913.0M961.4M1.0B1.1B
2013715.2M764.9M805.9M858.7M
2012414.1M497.9M580.7M655.7M
2011128.0M197.6M267.1M336.7M
201000058.4M
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Tracking the Latest Insider Buys and Sells of Air Lease Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 15, 2024
willis gregory b
sold
-564,192
50.0614
-11,270
evp and cfo
May 03, 2024
clark yvette hollingsworth
acquired
-
-
2,528
-
May 03, 2024
milton robert a
acquired
-
-
2,528
-
May 03, 2024
krongard cheryl gordon
acquired
-
-
2,528
-
May 03, 2024
larsen marshall o
acquired
-
-
2,528
-
May 03, 2024
saines ian m
acquired
-
-
2,528
-
May 03, 2024
mccaw susan
acquired
-
-
2,528
-
May 03, 2024
hart matthew j
acquired
-
-
2,528
-
Mar 15, 2024
khatibi alex a
sold
-530,447
47.3656
-11,199
evp

1–10 of 50

Which funds bought or sold AL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
323
16,738
20,849
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
44,000
254,000
-%
May 30, 2024
CAMBRIDGE TRUST CO
unchanged
-
5,700
30,864
-%
May 28, 2024
Verity Asset Management, Inc.
added
23.69
241,104
707,351
0.40%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
new
-
1,302,000
1,302,000
0.01%
May 28, 2024
Boston Partners
added
239
12,031,200
15,826,700
0.02%
May 24, 2024
Cetera Investment Advisers
new
-
720,336
720,336
-%
May 21, 2024
LRI Investments, LLC
new
-
9,362
9,362
-%
May 16, 2024
Semmax Financial Advisors Inc.
new
-
1,174
1,174
-%
May 16, 2024
INNEALTA CAPITAL, LLC
new
-
208,075
208,075
0.09%

1–10 of 45

Are Funds Buying or Selling AL?

Are funds buying AL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AL
No. of Funds

Unveiling Air Lease Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
vanguard group inc
11.29%
12,578,106
SC 13G/A
Apr 05, 2024
blackrock inc.
12.4%
13,862,881
SC 13G/A
Mar 22, 2024
millennium management llc
0.2%
241,431
SC 13G
Feb 13, 2024
vanguard group inc
9.16%
10,173,457
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.2%
6,835,595
SC 13G/A
Jan 31, 2024
blackrock inc.
5.2%
5,718,508
SC 13G/A
Jan 08, 2024
jpmorgan chase & co
6.5%
7,256,316
SC 13G
Jan 05, 2024
udvar-hazy steven f
5.23%
5,811,047
SC 13G/A
Feb 13, 2023
capital international investors
4.4%
4,860,706
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.0%
6,652,299
SC 13G/A

Recent SEC filings of Air Lease Corp

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 16, 2024
EFFECT
EFFECT
May 15, 2024
144
Notice of Insider Sale Intent
May 09, 2024
8-K
Current Report
May 07, 2024
4
Insider Trading
May 07, 2024
8-K
Current Report
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading
May 07, 2024
4
Insider Trading

Peers (Alternatives to Air Lease Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.7B
18.9B
-0.67% 11.63%
27.23
5.33
7.08% 13.46%
70.3B
9.4B
0.34% 43.29%
46.73
7.47
9.34% 15.98%
51.8B
4.2B
-1.30% 24.23%
37.35
12.45
10.92% 20.33%
30.1B
5.4B
-0.41% 4.70%
54
5.63
5.76% -4.95%
19.6B
10.7B
0.07% 43.58%
32.44
1.84
15.15% 122.86%
10.5B
3.6B
-4.55% 2.28%
19.4
2.9
4.33% 10.69%
MID-CAP
6.7B
6.2B
-10.55% -15.00%
18.94
1.09
-13.83% -42.32%
5.4B
2.6B
25.56% 27.90%
-277.78
2.05
-3.11% -123.81%
5.1B
2.7B
-5.63% 9.21%
8.65
1.89
15.08% 18.59%
3.2B
8.2B
11.87% 17.30%
12.9
0.39
3.28% 27.24%
2.0B
2.7B
3.53% 95.20%
19.58
0.73
104.63% 188.16%
SMALL-CAP
297.0M
1.9B
4.67% -45.47%
33.37
0.16
15.20% -4.30%
116.6M
283.1M
-2.54% -10.03%
13.33
0.41
-0.83% -20.92%
45.3M
212.0K
-16.67% -65.52%
-1.81
213.63
-40.62% -60.52%
9.2M
81.0M
0.86% 3.98%
-8.27
0.11
-5.10% -9.75%

Air Lease Corp News

Latest updates
Yahoo Canada Finance9 hours ago
Yahoo New Zealand News09 Jun 202401:16 am

Air Lease Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-7.4%663717659673636602561558597597525492475489494521511549531471466
Operating Expenses17.3%5284504945094784214234131,198409390377371351340337340342337311291
  S&GA Expenses-4.1%48.0050.0043.0046.0048.0046.0040.0039.0033.0041.0031.0027.0027.0021.0020.0027.0028.0031.0035.0028.0030.00
EBITDA Margin0.0%0.94*0.94*0.93*0.93*0.93*0.59*0.58*0.58*0.57*0.93*0.94*0.94*---------
Interest Expenses6.4%19518317518616514813613213013012712613012511811311811711410698.00
Income Taxes-39.4%27.0045.0033.0032.0030.0035.0027.0029.00-13237.0027.0021.0019.0027.0033.0036.0035.0041.0038.0032.0037.00
Earnings Before Taxes-49.2%135266165164158180138145-601188135115104138153184172206194161175
EBT Margin-4.0%0.27*0.28*0.26*0.26*0.26*-0.06*-0.06*-0.06*-0.07*0.26*0.25*0.26*---------
Net Income-51.2%108221132132129145110116-46815210793.0084.00107120148137161152124138
Net Income Margin-4.4%0.22*0.23*0.21*0.21*0.21*-0.04*-0.04*-0.04*-0.05*0.21*0.20*0.21*---------
Free Cashflow-32.3%247365322461295370213380202396251308---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.5%30,91230,45229,67229,75829,36328,39728,22427,64626,87526,96927,01525,75625,18925,21523,60522,99422,68221,70921,61020,48419,179
    Cash Equivalents20.3%5544615125777027801,1171,0341,5121,1081,8941,2331,3521,7581,262942753338336288298
Liabilities1.7%23,68123,29222,71122,90522,61921,75021,69621,20720,50519,96020,43119,25418,76119,14317,62717,12416,94616,08616,14815,18414,005
  Long Term Debt1.5%19,48019,18318,64618,89619,44818,64118,76918,33617,82517,02217,61716,54016,16716,51815,18014,63914,41513,57913,75212,85911,870
Shareholder's Equity1.0%7,2327,1606,9616,8536,7456,6466,5286,4406,3707,0096,5846,5026,4286,0725,9775,8705,7365,6242,7590.002,717
  Retained Earnings1.9%3,9443,8703,6833,5833,4833,3873,2743,1953,1093,6103,4893,4073,3403,2783,1893,0892,9622,8462,7022,5652,455
  Additional Paid-In Capital0.0%3,2863,2873,2763,2673,2593,2563,2503,2443,2593,3993,0963,0953,0882,7932,7882,7822,7762,7782,7592,7342,717
Shares Outstanding0.2%111111111111111112112111114114114114---------
Float----4,300---3,500---4,500---3,100---4,300-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-20.1%371465401532348424270434255447327368234373249234234421315395261
  Share Based Compensation-26.7%8.0011.009.009.006.006.006.007.00-2.528.007.007.005.003.007.004.004.006.005.006.004.00
Cashflow From Investing43.2%-630-1,109-253-142-1,273-688-695-1,399-620-944-749-851-549-1,176-447-230-672-283-1,223-1,442-894
Cashflow From Financing-41.0%350594-212-511846-71.93509488770-2881,083364-90.181,300519185854-1359561,037608
  Dividend Payments5.0%23.0022.0022.0022.0022.0021.0021.0021.0021.0018.0018.0018.0018.0017.0017.0017.0017.0015.0015.0014.0014.00
  Buy Backs-------0.0020.00130-6.00----------
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AL Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Rental of flight equipment$ 614,329$ 617,773
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Aircraft Sales, Trading And Other [Member]Aircraft Sales, Trading And Other [Member]
Aircraft sales, trading and other$ 48,981$ 18,369
Total revenues663,310636,142
Expenses  
Interest181,595151,613
Amortization of debt discounts and issuance costs13,10813,073
Interest expense194,703164,686
Depreciation of flight equipment277,260259,680
Selling, general and administrative47,74347,614
Stock-based compensation expense8,2755,896
Total expenses527,981477,876
Income before taxes135,329158,266
Income tax expense(27,463)(29,546)
Net income107,866128,720
Preferred stock dividends(10,425)(10,425)
Net income/(loss) attributable to common stockholders, basic97,441118,295
Net income/(loss) attributable to common stockholders, diluted97,441118,295
Other comprehensive income/(loss):  
Foreign currency translation adjustment18,444(830)
Change in fair value of hedged transactions(19,860)148
Total tax benefit on other comprehensive income/loss303146
Other comprehensive income/(loss), net of tax(1,113)(536)
Total comprehensive income attributable for common stockholders$ 96,328$ 117,759
Earnings per share of common stock:  
Basic (in dollars per share)$ 0.88$ 1.07
Diluted (in dollars per share)$ 0.87$ 1.06
Weighted-average shares of common stock outstanding  
Basic (in shares)111,174,593110,943,552
Diluted (in shares)111,529,770111,199,996
Dividends declared per share of common stock (in dollars per share)$ 0.21$ 0.20

AL Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 554,373$ 460,870
Restricted cash1,5523,622
Flight equipment subject to operating leases32,273,88331,787,241
Less accumulated depreciation(5,729,380)(5,556,033)
Flight equipment subject to operating leases, net26,544,50326,231,208
Deposits on flight equipment purchases1,088,3631,203,068
Other assets2,723,6442,553,484
Total assets30,912,43530,452,252
Liabilities and Shareholders’ Equity  
Accrued interest and other payables1,160,1321,164,140
Debt financing, net of discounts and issuance costs19,479,96119,182,657
Security deposits and maintenance reserves on flight equipment leases1,594,0691,519,719
Rentals received in advance138,181143,861
Deferred tax liability1,308,2211,281,837
Total liabilities23,680,56423,292,214
Shareholders’ Equity  
Preferred Stock, $0.01 par value; 50,000,000 shares authorized; 10,600,000 (aggregate liquidation preference of $850,000) shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively106106
Paid-in capital3,286,1223,287,234
Retained earnings3,943,8673,869,813
Accumulated other comprehensive income6621,775
Total shareholders’ equity7,231,8717,160,038
Total liabilities and shareholders’ equity30,912,43530,452,252
Class A Common Stock  
Shareholders’ Equity  
Common stock1,1141,110
Class B Non‑Voting Common Stock  
Shareholders’ Equity  
Common stock$ 0$ 0
AL
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2022, it owned a fleet of 417 aircraft, including 306 narrowbody aircraft and 111 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
 CEO
 WEBSITEairleasecorp.com
 INDUSTRYInformation Technology Services
 EMPLOYEES151

Air Lease Corp Frequently Asked Questions


What is the ticker symbol for Air Lease Corp? What does AL stand for in stocks?

AL is the stock ticker symbol of Air Lease Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Air Lease Corp (AL)?

As of Wed Jun 12 2024, market cap of Air Lease Corp is 5.14 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AL stock?

You can check AL's fair value in chart for subscribers.

What is the fair value of AL stock?

You can check AL's fair value in chart for subscribers. The fair value of Air Lease Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Air Lease Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Air Lease Corp a good stock to buy?

The fair value guage provides a quick view whether AL is over valued or under valued. Whether Air Lease Corp is cheap or expensive depends on the assumptions which impact Air Lease Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AL.

What is Air Lease Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, AL's PE ratio (Price to Earnings) is 8.65 and Price to Sales (PS) ratio is 1.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Air Lease Corp's stock?

In the past 10 years, Air Lease Corp has provided 0.03 (multiply by 100 for percentage) rate of return.