AL RSI Chart
Last 7 days
2.5%
Last 30 days
17.6%
Last 90 days
14.7%
Trailing 12 Months
20.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.4B | 2.5B | 2.6B | 2.7B |
2022 | 2.2B | 2.3B | 2.3B | 2.3B |
2021 | 2.0B | 1.9B | 2.0B | 2.1B |
2020 | 2.1B | 2.1B | 2.1B | 2.0B |
2019 | 1.8B | 1.8B | 1.9B | 2.0B |
2018 | 1.5B | 1.6B | 1.6B | 1.7B |
2017 | 1.4B | 1.5B | 1.5B | 1.5B |
2016 | 1.3B | 1.3B | 1.4B | 1.4B |
2015 | 1.1B | 1.1B | 1.2B | 1.2B |
2014 | 913.0M | 961.4M | 1.0B | 1.1B |
2013 | 715.2M | 764.9M | 805.9M | 858.7M |
2012 | 414.1M | 497.9M | 580.7M | 655.7M |
2011 | 128.0M | 197.6M | 267.1M | 336.7M |
2010 | 0 | 0 | 0 | 58.4M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | levy grant a | sold | -351,165 | 46.822 | -7,500 | evp |
Mar 15, 2024 | khatibi alex a | sold | -530,447 | 47.3656 | -11,199 | evp |
Mar 05, 2024 | khatibi alex a | sold | -482,740 | 43.1095 | -11,198 | evp |
Feb 26, 2024 | korde kishore | sold | -658,664 | 39.6953 | -16,593 | evp |
Feb 25, 2024 | levy grant a | acquired | - | - | 6,017 | evp |
Feb 25, 2024 | korde kishore | acquired | - | - | 5,489 | evp |
Feb 25, 2024 | beker david | acquired | - | - | 3,912 | evp, marketing |
Feb 25, 2024 | plueger john l | sold (taxes) | -645,356 | 39.97 | -16,146 | ceo and president |
Feb 25, 2024 | poerschke john d | sold (taxes) | -82,498 | 39.97 | -2,064 | evp |
Feb 25, 2024 | willis gregory b | sold (taxes) | -123,188 | 39.97 | -3,082 | evp and cfo |
Which funds bought or sold AL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -13.99 | -48,036 | 518,882 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.13 | 26,248,000 | 426,675,000 | 0.01% |
Mar 04, 2024 | TUCKER ASSET MANAGEMENT LLC | reduced | -80.00 | -465 | 126 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 71.72 | 7,921,920 | 17,495,500 | -% |
Feb 29, 2024 | Tortoise Investment Management, LLC | unchanged | - | 283 | 4,328 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -2.41 | 1,325 | 35,691 | -% |
Feb 27, 2024 | Beaird Harris Wealth Management, LLC | new | - | 378 | 378 | -% |
Feb 26, 2024 | Neo Ivy Capital Management | added | 32.35 | 17,000 | 57,000 | 0.13% |
Feb 20, 2024 | Quarry LP | added | 31.4 | 6,500 | 22,816 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | reduced | -23.21 | -1,056,000 | 4,720,000 | -% |
Unveiling Air Lease Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Air Lease Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 102.0B | 18.6B | 28.67 | 5.49 | ||||
CTAS | 69.5B | 9.2B | 48.55 | 7.56 | ||||
CPRT | 55.0B | 4.1B | 53.75 | 13.56 | ||||
EFX | 32.5B | 5.3B | 59.65 | 6.18 | ||||
BAH | 19.2B | 10.3B | 46.98 | 1.86 | ||||
ALLE | 11.7B | 3.7B | 21.74 | 3.22 | ||||
MID-CAP | ||||||||
RHI | 8.2B | 6.4B | 20.01 | 1.29 | ||||
AL | 5.6B | 2.7B | 9.17 | 2.1 | ||||
SRCL | 4.9B | 2.7B | -230.77 | 1.85 | ||||
ABM | 2.8B | 8.2B | 10.92 | 0.34 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 1.5B | 85.97 | 1.28 | ||||
ALTG | 422.9M | 1.9B | 47.51 | 0.23 | ||||
ARC | 116.8M | 281.2M | 14.18 | 0.42 | ||||
AQMS | 56.1M | 998.5K | -3.14 | 56.15 | ||||
AWX | 8.7M | 80.5M | -4.89 | 0.11 |
Air Lease Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 8.7% | 717 | 659 | 673 | 636 | 602 | 561 | 558 | 597 | 597 | 525 | 492 | 475 | 489 | 494 | 521 | 511 | 549 | 531 | 471 | 466 | 450 |
Operating Expenses | -8.9% | 450 | 494 | 509 | 478 | 421 | 423 | 413 | 1,198 | 409 | 390 | 377 | 371 | 351 | 340 | 337 | 340 | 342 | 337 | 311 | 291 | 278 |
S&GA Expenses | 16.4% | 50.00 | 43.00 | 46.00 | 48.00 | 46.00 | 40.00 | 39.00 | 33.00 | 41.00 | 31.00 | 27.00 | 27.00 | 21.00 | 20.00 | 27.00 | 28.00 | 31.00 | 35.00 | 28.00 | 30.00 | 26.00 |
EBITDA Margin | 1.4% | 0.94* | 0.93* | 0.93* | 0.93* | 0.59* | 0.58* | 0.58* | 0.57* | 0.93* | 0.94* | 0.94* | 0.94* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 4.3% | 183 | 175 | 186 | 165 | 148 | 136 | 132 | 130 | 130 | 127 | 126 | 130 | 125 | 118 | 113 | 118 | 117 | 114 | 106 | 98.00 | 94.00 |
Income Taxes | 39.2% | 45.00 | 33.00 | 32.00 | 30.00 | 35.00 | 27.00 | 29.00 | -132 | 37.00 | 27.00 | 21.00 | 19.00 | 27.00 | 33.00 | 36.00 | 35.00 | 41.00 | 38.00 | 32.00 | 37.00 | 34.00 |
Earnings Before Taxes | 61.4% | 266 | 165 | 164 | 158 | 180 | 138 | 145 | -601 | 188 | 135 | 115 | 104 | 138 | 153 | 184 | 172 | 206 | 194 | 161 | 175 | 172 |
EBT Margin | 8.1% | 0.28* | 0.26* | 0.26* | 0.26* | -0.06* | -0.06* | -0.06* | -0.07* | 0.26* | 0.25* | 0.26* | 0.29* | - | - | - | - | - | - | - | - | - |
Net Income | 66.9% | 221 | 132 | 132 | 129 | 145 | 110 | 116 | -468 | 152 | 107 | 93.00 | 84.00 | 107 | 120 | 148 | 137 | 161 | 152 | 124 | 138 | 138 |
Net Income Margin | 9.2% | 0.23* | 0.21* | 0.21* | 0.21* | -0.04* | -0.04* | -0.04* | -0.05* | 0.21* | 0.20* | 0.21* | 0.23* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 13.4% | 365 | 322 | 461 | 295 | 370 | 213 | 380 | 202 | 396 | 251 | 308 | 192 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.6% | 30,452 | 29,672 | 29,758 | 29,363 | 28,397 | 28,224 | 27,646 | 26,875 | 26,969 | 27,015 | 25,756 | 25,189 | 25,215 | 23,605 | 22,994 | 22,682 | 21,709 | 21,610 | 20,484 | 19,179 | 18,482 |
Cash Equivalents | -10.0% | 461 | 512 | 577 | 690 | 766 | 1,117 | 1,034 | 1,512 | 1,108 | 1,894 | 1,233 | 1,352 | 1,758 | 1,262 | 942 | 753 | 338 | 336 | 288 | 298 | 323 |
Liabilities | 2.6% | 23,292 | 22,711 | 22,905 | 22,619 | 21,750 | 21,696 | 21,207 | 20,505 | 19,960 | 20,431 | 19,254 | 18,761 | 19,143 | 17,627 | 17,124 | 16,946 | 16,086 | 16,148 | 15,184 | 14,005 | 13,675 |
Long Term Debt | 2.9% | 19,183 | 18,646 | 18,896 | 19,448 | 18,641 | 18,769 | 18,336 | 17,825 | 17,022 | 17,617 | 16,540 | 16,167 | 16,518 | 15,180 | 14,639 | 14,415 | 13,579 | 13,752 | 12,859 | 11,870 | 11,539 |
Shareholder's Equity | 2.9% | 7,160 | 6,961 | 6,853 | 6,745 | 6,646 | 6,528 | 6,440 | 6,370 | 7,009 | 6,584 | 6,502 | 6,428 | 6,072 | 5,977 | 5,870 | 5,736 | 5,624 | 2,702 | 2,565 | 2,455 | 4,807 |
Retained Earnings | 5.1% | 3,870 | 3,683 | 3,583 | 3,483 | 3,387 | 3,274 | 3,195 | 3,109 | 3,610 | 3,489 | 3,407 | 3,340 | 3,278 | 3,189 | 3,089 | 2,962 | 2,846 | 2,702 | 2,565 | 2,455 | 2,332 |
Additional Paid-In Capital | 0.3% | 3,287 | 3,276 | 3,267 | 3,259 | 3,256 | 3,250 | 3,244 | 3,259 | 3,399 | 3,096 | 3,095 | 3,088 | 2,793 | 2,788 | 2,782 | 2,776 | 2,778 | 2,759 | 2,734 | 2,717 | 2,474 |
Shares Outstanding | 0.0% | 111 | 111 | 111 | 111 | 112 | 112 | 111 | 114 | 114 | 114 | 114 | 114 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 4,300 | - | - | - | 3,500 | - | - | - | 4,500 | - | - | - | 3,100 | - | - | - | 4,300 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 15.7% | 465 | 401 | 532 | 348 | 424 | 270 | 434 | 255 | 447 | 327 | 368 | 234 | 373 | 249 | 234 | 234 | 421 | 315 | 395 | 261 | 384 |
Share Based Compensation | 29.4% | 11.00 | 9.00 | 9.00 | 6.00 | 6.00 | 6.00 | 7.00 | -2.52 | 8.00 | 7.00 | 7.00 | 5.00 | 3.00 | 7.00 | 4.00 | 4.00 | 6.00 | 5.00 | 6.00 | 4.00 | 4.00 |
Cashflow From Investing | -338.3% | -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 | -997 |
Cashflow From Financing | 378.9% | 594 | -212 | -511 | 846 | -71.93 | 509 | 488 | 770 | -288 | 1,083 | 364 | -90.18 | 1,300 | 519 | 185 | 854 | -135 | 956 | 1,037 | 608 | 687 |
Dividend Payments | 0% | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 21.00 | 21.00 | 21.00 | 18.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 15.00 | 15.00 | 14.00 | 14.00 | 10.00 |
Buy Backs | - | - | - | - | - | - | 0.00 | 20.00 | 130 | - | 6.00 | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues | |||
Rental of flight equipment | $ 2,477,607 | $ 2,214,508 | $ 2,003,337 |
Aircraft sales, trading, and other | $ 207,370 | $ 102,794 | $ 85,052 |
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 [Member] |
Total revenues | $ 2,684,977 | $ 2,317,302 | $ 2,088,389 |
Expenses | |||
Interest | 654,910 | 492,924 | 462,396 |
Amortization of debt discounts and issuance costs | 54,053 | 53,254 | 50,620 |
Interest expense | 708,963 | 546,178 | 513,016 |
Depreciation of flight equipment | 1,068,772 | 965,955 | 882,562 |
Write-off of Russian fleet, net of (recoveries) | (67,022) | 771,476 | 0 |
Selling, general, and administrative | 186,015 | 156,855 | 125,279 |
Stock-based compensation expense | 34,615 | 15,603 | 26,516 |
Total expenses | 1,931,343 | 2,456,067 | 1,547,373 |
Income/(Loss) before taxes | 753,634 | (138,765) | 541,016 |
Income tax (expense)/benefit | (139,012) | 41,741 | (104,384) |
Net income/(loss) | 614,622 | (97,024) | 436,632 |
Preferred stock dividends | (41,700) | (41,700) | (28,473) |
Net income/(loss) attributable to common stockholders, basic | 572,922 | (138,724) | 408,159 |
Net income/(loss) attributable to common stockholders, diluted | 572,922 | (138,724) | 408,159 |
Other Comprehensive Income/(Loss): | |||
Foreign currency translation adjustment | (20,197) | 21,943 | (2,419) |
Change in fair value of hedged transactions | 19,460 | (16,647) | (294) |
Total tax benefit/(expense) on other comprehensive income/loss | 157 | (1,133) | 580 |
Other comprehensive (loss)/income, net of tax | (580) | 4,163 | (2,133) |
Total comprehensive income/(loss) attributable for common stockholders | $ 572,342 | $ (134,561) | $ 406,026 |
Earnings per share of common stock: | |||
Basic (in dollars per share) | $ 5.16 | $ (1.24) | $ 3.58 |
Diluted (in dollars per share) | $ 5.14 | $ (1.24) | $ 3.57 |
Weighted-average shares of common stock outstanding | |||
Basic (in shares) | 111,005,088 | 111,626,508 | 114,050,578 |
Diluted (in shares) | 111,438,589 | 111,626,508 | 114,446,093 |
Dividends declared per share of common stock (in dollars per share) | $ 0.81 | $ 0.755 | $ 0.665 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 460,870 | $ 766,418 |
Restricted cash | 3,622 | 13,599 |
Flight equipment subject to operating leases | 31,787,241 | 29,466,888 |
Less accumulated depreciation | (5,556,033) | (4,928,503) |
Flight equipment subject to operating leases, net | 26,231,208 | 24,538,385 |
Deposits on flight equipment purchases | 1,203,068 | 1,344,973 |
Other assets | 2,553,484 | 1,733,330 |
Total assets | 30,452,252 | 28,396,705 |
Liabilities and Shareholders’ Equity | ||
Accrued interest and other payables | 1,164,140 | 696,899 |
Debt financing, net of discounts and issuance costs | 19,182,657 | 18,641,063 |
Security deposits and maintenance reserves on flight equipment leases | 1,519,719 | 1,293,929 |
Rentals received in advance | 143,861 | 147,654 |
Deferred tax liability | 1,281,837 | 970,797 |
Total liabilities | 23,292,214 | 21,750,342 |
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 December 31, 2023 and December 31, 2022, respectively | 106 | 106 |
Paid-in capital | 3,287,234 | 3,255,973 |
Retained earnings | 3,869,813 | 3,386,820 |
Accumulated other comprehensive income | 1,775 | 2,355 |
Total shareholders’ equity | 7,160,038 | 6,646,363 |
Total liabilities and shareholders’ equity | 30,452,252 | 28,396,705 |
Class A Common Stock | ||
Shareholders’ Equity | ||
Common stock | 1,110 | 1,109 |
Class B Non‑Voting Common Stock | ||
Shareholders’ Equity | ||
Common stock | $ 0 | $ 0 |