Financials in USD. Standardized financial statements.
A compact view of how Air Lease Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.02B | $2.73B | $2.68B | $2.32B | $2.09B | $2.02B | $2.02B | $1.68B | $1.52B | $1.42B |
| Revenue Growth? | +10.3% | +1.8% | +15.9% | +11.0% | +3.6% | -0.1% | +20.1% | +10.8% | +6.9% | 0.0% |
| Cost of Revenue? | $1.22B | $1.93B | $1.72B | $1.46B | $1.34B | $1.21B | $1.10B | $892.01M | $766.27M | $707.94M |
| Gross Profit? | $1.79B | $807.90M | $961.29M | $858.42M | $743.43M | $803.01M | $916.77M | $787.69M | $750.11M | $711.11M |
| Gross Margin? | +59.4% | +29.6% | +35.8% | +37.0% | +35.6% | +39.8% | +45.5% | +46.9% | +49.5% | +50.1% |
| Operating Expenses? | $268.37M | $219.82M | $220.63M | $172.46M | $151.79M | $803.01M | $144.40M | $114.85M | $111.13M | $99.93M |
| Operating Income? | $1.52B | $588.08M | $740.66M | $685.97M | $591.64M | $0 | $772.38M | $672.84M | $638.98M | $611.18M |
| EBITDA? | $2.75B | $1.73B | $1.88B | $880.44M | $1.47B | $1.47B | $1.48B | $1.25B | $1.15B | $1.06B |
| Income Before Tax | $1.37B | $533.26M | $753.63M | -$138.76M | $541.02M | $646.68M | $735.68M | $640.14M | $609.53M | $580.24M |
| Income Tax Expense | $281.31M | $105.55M | $139.01M | -$41.74M | $104.38M | $130.41M | $148.56M | $129.30M | -$146.62M | $205.31M |
| Net Income? | $1.09B | $427.70M | $614.62M | -$97.02M | $436.63M | $516.26M | $587.12M | $510.83M | $756.15M | $374.93M |
| EPS? | $9.35 | $3.34 | $5.16 | $-1.24 | $3.58 | $4.41 | $5.14 | $4.60 | $7.33 | $3.65 |
| Diluted EPS? | $9.29 | $3.33 | $5.14 | $-1.24 | $3.57 | $4.39 | $5.09 | $4.55 | $6.82 | $3.44 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality