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AL

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

39.81USD-0.16 (-0.40%)Delayed as of 26 Feb 2024, 11:31 am ET
Watchlist

Market Summary

USD39.81-0.16
Delayedas of 26 Feb 2024, 11:31 am
-0.40%

AL Alerts

  • Big jump in Earnings (Y/Y)

AL Stock Price

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AL RSI Chart

AL Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

7.22

Price/Sales (Trailing)

1.65

EV/EBITDA

9.15

Price/Free Cashflow

3.08

AL Price/Sales (Trailing)

AL Profitability

EBT Margin

28.07%

Return on Equity

8.58%

Return on Assets

2.02%

Free Cashflow Yield

32.48%

AL Fundamentals

AL Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

19.11%

Rev. Growth (Qtr)

8.68%

AL Earnings

Earnings (TTM)

614.6M

Earnings Growth (Yr)

52.12%

Earnings Growth (Qtr)

66.89%

Breaking Down AL Revenue

52 Week Range

35.6845.18
(Low)(High)

Last 7 days

-2.3%

Last 30 days

3.0%

Last 90 days

5.9%

Trailing 12 Months

-5.4%

How does AL drawdown profile look like?

AL Financial Health

Debt/Equity

2.68

Debt/Cashflow

0.09

AL Investor Care

Dividend Yield

2.03%

Dividend/Share (TTM)

0.81

Shares Dilution (1Y)

0.10%

Diluted EPS (TTM)

5.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Air Lease Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 15, 2024
levy grant a
sold (taxes)
-173,210
43.13
-4,016
evp
Feb 15, 2024
forsyte carol hyland
acquired
-
-
13,344
evp, gc, corp secretary & cco
Feb 15, 2024
khatibi alex a
acquired
-
-
10,868
evp
Feb 15, 2024
poerschke john d
acquired
-
-
7,908
evp
Feb 15, 2024
willis gregory b
acquired
-
-
13,378
evp and cfo
Feb 15, 2024
levy grant a
acquired
-
-
11,067
evp
Feb 15, 2024
poerschke john d
sold (taxes)
-126,414
43.13
-2,931
evp
Feb 15, 2024
udvar-hazy steven f
acquired
-
-
41,522
executive chairman
Feb 15, 2024
willis gregory b
sold (taxes)
-209,353
43.13
-4,854
evp and cfo
Feb 15, 2024
plueger john l
sold (taxes)
-1,181,630
43.13
-27,397
ceo and president

1–10 of 50

Which funds bought or sold AL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
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
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
2.49
168,618
2,025,620
0.01%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
59.59
320,000
778,000
0.06%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
reduced
-12.29
-574,640
8,051,260
0.01%
Feb 15, 2024
JANE STREET GROUP, LLC
added
82.52
1,192,920
2,458,730
-%
Feb 15, 2024
Sunbelt Securities, Inc.
unchanged
-
5,353
88,745
0.01%
Feb 15, 2024
Tidal Investments LLC
added
9.72
45,198
314,802
0.01%
Feb 15, 2024
Legal & General Group Plc
added
7.54
555,258
4,398,210
-%
Feb 15, 2024
BARCLAYS PLC
reduced
-39.61
-734,000
1,320,000
-%

1–10 of 42

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
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
Feb 09, 2023
vanguard group inc
8.96%
9,937,750
SC 13G/A
Feb 03, 2023
blackrock inc.
5.5%
6,111,953
SC 13G
Jan 13, 2023
udvar-hazy steven f
5.15%
5,710,703
SC 13G

Recent SEC filings of Air Lease Corp

View All Filings
Date Filed Form Type Document
Feb 23, 2024
3
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 22, 2024
144
Notice of Insider Sale Intent
Feb 22, 2024
424B2
Prospectus Filed
Feb 21, 2024
424B5
Prospectus Filed
Feb 21, 2024
FWP
Prospectus Filed
Feb 21, 2024
144
Notice of Insider Sale Intent
Feb 21, 2024
144
Notice of Insider Sale Intent
Feb 20, 2024
4
Insider Trading

What is the Fair Value of AL?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Air Lease Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
105.1B
18.6B
7.21% 12.66%
29.54
5.66
7.76% 13.08%
64.2B
9.2B
3.65% 39.15%
44.83
6.98
9.76% 11.34%
49.4B
4.0B
2.92% 44.21%
37.27
12.35
11.51% 23.13%
32.8B
5.3B
5.87% 25.18%
60.14
6.23
2.79% -21.68%
19.3B
10.3B
13.19% 50.62%
47.19
1.87
13.90% -5.05%
11.3B
3.6B
10.55% 12.62%
20.91
3.13
15.88% 17.98%
MID-CAP
8.4B
6.4B
0.19% -4.52%
20.5
1.32
-11.68% -37.51%
4.7B
2.7B
2.52% -8.91%
-1.2K
1.74
-0.52% -150.00%
4.4B
2.7B
2.96% -5.37%
7.22
1.65
15.87% 733.47%
2.6B
8.1B
-3.54% -15.44%
10.16
0.32
3.71% 9.07%
SMALL-CAP
1.8B
1.5B
24.93% 82.64%
81.14
1.21
41.33% 169.51%
385.5M
1.8B
9.03% -28.96%
38.01
0.22
17.94% 144.71%
114.7M
281.1M
-12.58% -29.43%
10.2
0.41
-1.85% -2.83%
53.9M
998.5K
-6.56% -51.28%
-3.01
53.99
370.99% -10.61%
9.2M
84.5M
4.55% -17.56%
-4.75
0.11
9.61% -6671.93%

Air Lease Corp News

Latest updates
AmericanBankingNEWS4 hours ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.7%717659673636602561558597597525492475489494521511549531471466450
Operating Expenses-8.9%4504945094784214234131,198409390377371351340337340342337311291278
  S&GA Expenses16.4%50.0043.0046.0048.0046.0040.0039.0033.0041.0031.0027.0027.0021.0020.0027.0028.0031.0035.0028.0030.0026.00
EBITDA Margin1.4%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 Expenses4.3%18317518616514813613213013012712613012511811311811711410698.0094.00
Income Taxes39.2%45.0033.0032.0030.0035.0027.0029.00-13237.0027.0021.0019.0027.0033.0036.0035.0041.0038.0032.0037.0034.00
Earnings Before Taxes61.4%266165164158180138145-601188135115104138153184172206194161175172
EBT Margin8.1%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 Income66.9%221132132129145110116-46815210793.0084.00107120148137161152124138138
Net Income Margin9.2%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 Cashflow13.4%365322461295370213380202396251308192---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.6%30,45229,67229,75829,36328,39728,22427,64626,87526,96927,01525,75625,18925,21523,60522,99422,68221,70921,61020,48419,17918,482
    Cash Equivalents-9.3%4645125776907661,1171,0341,5121,1081,8941,2331,3521,7581,262942753338336288298323
Liabilities2.6%23,29222,71122,90522,61921,75021,69621,20720,50519,96020,43119,25418,76119,14317,62717,12416,94616,08616,14815,18414,00513,675
  Long Term Debt2.9%19,18318,64618,89619,44818,64118,76918,33617,82517,02217,61716,54016,16716,51815,18014,63914,41513,57913,75212,85911,87011,539
Shareholder's Equity2.9%7,1606,9616,8536,7456,6466,5286,4406,3707,0096,5846,5026,4286,0725,9775,8705,7365,6242,7592,7342,7174,807
  Retained Earnings5.1%3,8703,6833,5833,4833,3873,2743,1953,1093,6103,4893,4073,3403,2783,1893,0892,9622,8462,7022,5652,4552,332
  Additional Paid-In Capital0.3%3,2873,2763,2673,2593,2563,2503,2443,2593,3993,0963,0953,0882,7932,7882,7822,7762,7782,7592,7342,7172,474
Shares Outstanding-100.0%-111111111112112111114114114114114---------
Float-------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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations15.7%465401532348424270434255447327368234373249234234421315395261384
  Share Based Compensation29.4%11.009.009.006.006.006.007.00-2.528.007.007.005.003.007.004.004.006.005.006.004.004.00
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 Financing378.9%594-212-511846-71.93509488770-2881,083364-90.181,300519185854-1359561,037608687
  Dividend Payments0%22.0022.0022.0022.0021.0021.0021.0021.0018.0018.0018.0018.0017.0017.0017.0017.0015.0015.0014.0014.0010.00
  Buy Backs------0.0020.00130-6.00-----------

AL Income Statement

2023-12-31
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   
Interest654,910492,924462,396
Amortization of debt discounts and issuance costs54,05353,25450,620
Interest expense708,963546,178513,016
Depreciation of flight equipment1,068,772965,955882,562
Write-off of Russian fleet, net of (recoveries)(67,022)771,4760
Selling, general, and administrative186,015156,855125,279
Stock-based compensation expense34,61515,60326,516
Total expenses1,931,3432,456,0671,547,373
Income/(Loss) before taxes753,634(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, basic572,922(138,724)408,159
Net income/(loss) attributable to common stockholders, diluted572,922(138,724)408,159
Other Comprehensive Income/(Loss):   
Foreign currency translation adjustment(20,197)21,943(2,419)
Change in fair value of hedged transactions19,460(16,647)(294)
Total tax benefit/(expense) on other comprehensive income/loss157(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)111,005,088111,626,508114,050,578
Diluted (in shares)111,438,589111,626,508114,446,093
Dividends declared per share of common stock (in dollars per share)$ 0.81$ 0.755$ 0.665

AL Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 460,870$ 766,418
Restricted cash3,62213,599
Flight equipment subject to operating leases31,787,24129,466,888
Less accumulated depreciation(5,556,033)(4,928,503)
Flight equipment subject to operating leases, net26,231,20824,538,385
Deposits on flight equipment purchases1,203,0681,344,973
Other assets2,553,4841,733,330
Total assets30,452,25228,396,705
Liabilities and Shareholders’ Equity  
Accrued interest and other payables1,164,140696,899
Debt financing, net of discounts and issuance costs19,182,65718,641,063
Security deposits and maintenance reserves on flight equipment leases1,519,7191,293,929
Rentals received in advance143,861147,654
Deferred tax liability1,281,837970,797
Total liabilities23,292,21421,750,342
Shareholders’ Equity  
Preferred Stock, $0.01 par value; 50,000,000 shares authorized; 10,600,000 (aggregate liquidation preference of $850,000) shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively106106
Paid-in capital3,287,2343,255,973
Retained earnings3,869,8133,386,820
Accumulated other comprehensive income1,7752,355
Total shareholders’ equity7,160,0386,646,363
Total liabilities and shareholders’ equity30,452,25228,396,705
Class A Common Stock  
Shareholders’ Equity  
Common stock1,1101,109
Class B Non‑Voting Common Stock  
Shareholders’ Equity  
Common stock$ 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
 WEBSITEwww.airleasecorp.com
 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 Fri Feb 23 2024, market cap of Air Lease Corp is 4.44 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 Fri Feb 23 2024, AL's PE ratio (Price to Earnings) is 7.22 and Price to Sales (PS) ratio is 1.65. 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 0.031 (multiply by 100 for percentage) rate of return.