AL
45.77
-0.58 (-1.25%)
Air Lease Corporation (NYSE, USD)
Industrials >
Rental & Leasing Services
Market cap
5.22B
Ent value
23.78B
Price/Sales
2.59
Price/Book
0.79
Div yield
1.40%
Div growth
29.11%
Growth years
9
FCF payout
-6.51%
Trailing P/E
10.12
Forward P/E
9.28
PEG
0.56
EPS growth
16.40%
1 year return
0.26%
3 year return
7.57%
5 year return
5.10%
10 year return
6.99%
Last updated: 2022-01-12
STOCK INFORMATION
Stock chart
Loading...
Stock price data
| Open | 46.23 |
| Daily high | 46.78 |
| Daily low | 45.65 |
| Daily Volume | 784K |
| All-time high | 52.01 |
| 1y analyst estimate | 55.38 |
| Beta | 2.05 |
| EPS (TTM) | 4.53 |
| Dividend per share | 0.64 |
| Ex-div date | 9 Sep 2021 |
| Next earnings date | 8 Nov 2021 |
Downside potential
Loading...
Downside potential data
| AL | S&P500 | |
| Current price drop from All-time high | -12.00% | -1.67% |
| Highest price drop | -78.53% | -56.47% |
| Date of highest drop | 18 Mar 2020 | 9 Mar 2009 |
| Avg drop from high | -18.47% | -11.37% |
| Avg time to new high | 53 days | 12 days |
| Max time to new high | 797 days | 1805 days |
DIVIDENDS
Dividend yield - 5y
Loading...
Dividend yield data
| Dividend per share | 0.64 |
| Dividend yield | 1.40% |
| Payout frequency | Quarterly |
| Maximum yield | 5.55% |
| Average yield | 1.34% |
| Minimum yield | 0.70% |
| Discount to avg yield | 3.96% |
| Upside potential | 4.13% |
| Yield as % of max yield | 25.19% |
Yield distribution (inverse percentile) - 5y
Loading...
Yield distribution data
| Dividend yield | 1.40% |
| Current yield distribution | 38.97% |
| Yield at 100% (Min) | 0.70% |
| Yield at 90% | 0.80% |
| Yield at 80% | 0.90% |
| Yield at 50% (Median) | 1.34% |
| Yield at 20% | 1.56% |
| Yield at 10% | 2.00% |
| Yield at 0% (Max) | 5.55% |
Dividend per share
Loading...
Dividend per share data
| Years of growth | 9 years |
| CCC status | Dividend Challenger |
| Dividend per share | 0.64 |
| Payout frequency | Quarterly |
| Ex-div date | 9 Sep 2021 |
| EPS (TTM) | 4.53 |
| EPS (1y forward) | 4.93 |
| EPS growth (5y) | 16.40% |
| EPS growth (5y forward) | 17.94% |
Dividend growth
Loading...
Please create a free account or log in to access this chart
Dividend growth data
| AL | S&P500 | |
| DGR MR | 6.67% | 7.68% |
| DGR TTM | 6.67% | -2.66% |
| DGR 3 years | 23.35% | 5.82% |
| DGR 5 years | 29.11% | 6.23% |
| DGR 10 years | - | 9.64% |
| DGR 15 years | - | 6.71% |
| Time since last change announced | 435 days |
| EPS growth (5y) | 16.40% |
| EPS growth (5y forward) | 17.94% |
Payout ratio
Loading...
Please create a free account or log in to access this chart
Payout ratio data
| EPS coverage | FCF coverage | |
| TTM | 16.19% | -6.51% |
| Average | - | - |
| Forward | 12.98% | - |
VALUATION
Valuation Ratios
Loading...
Valuation Ratios data
| Trailing P/E | 10.12 |
| Price to OCF | 4.79 |
| Price to FCF | - |
| Price to EBITDA | 3.63 |
| EV to EBITDA | 16.53 |
Valuation (Sales/Book Value)
Loading...
Valuation (Sales/Book Value) data
| Price to Sales | 2.59 |
| Price to Book | 0.79 |
| EV to Sales | 11.80 |
FINANCIALS
Per share
Loading...
Per share data
| Current share count | 114.14M |
| EPS (TTM) | 4.53 |
| FCF per share (TTM) | -11.27 |
Income statement
Loading...
Income statement data
| Revenue (TTM) | 2.02B |
| Gross profit (TTM) | 1.44B |
| Operating income (TTM) | 996.09M |
| Net income (TTM) | 516.26M |
| EPS (TTM) | 4.53 |
| EPS (1y forward) | 4.93 |
Margins
Loading...
Margins data
| Gross margin (TTM) | 71.32% |
| Operating margin (TTM) | 49.42% |
| Profit margin (TTM) | 25.62% |
Balance Sheet
Loading...
Please create a free account or log in to access this chart
Balance Sheet data
| Cash | 1.87B |
| Net receivables | 0.00 |
| Total current assets | 1.89B |
| Goodwill | 0.00 |
| Intangible assets | 0.00 |
| Property, plant and equipment | 0.00 |
| Total assets | 27.01B |
| Accounts payable | 542.53M |
| Short/Current long term debt | 17.62B |
| Total current liabilities | 17.62B |
| Total liabilities | 20.43B |
| Shareholder's equity | 6.58B |
| Net tangible assets | 6.58B |
Cash flow
Loading...
Please create a free account or log in to access this chart
Cash flow data
| Operating cash flow (TTM) | 1.09B |
| Capital expenditures (TTM) | 2.37B |
| Free cash flow (TTM) | -1.28B |
| Dividends paid (TTM) | 83.56M |
Financial returns
Loading...
Please create a free account or log in to access this chart
Financial returns data
| Return on Equity | 8.50% |
| Return on Assets | 2.05% |
| Return on Invested Capital | 2.17% |
| Cash Return on Invested Capital | -5.39% |
COMPANY DETAILS
Marketcap
5.22B
Marketcap category
Mid-cap
Description
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2020, the company owned a fleet of 332 aircraft, including 236 narrowbody aircraft and 96 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.
Employees
120
Website
SEC filings
CEO
John Plueger
Country
USA
City
Los Angeles
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
Strong liquidity and shareholder-friendly measures boost Air Lease's (AL) shares.
January 13, 2022
Significant aircraft investments made during the fourth quarter of 2021 bode well for Air Lease (AL). Steady growth in the company's fleet is an added positive.
January 11, 2022
Air Lease Corp (NYSE: AL) provided an update on aircraft investments, sales, and new significant financing for Q4 of 2021. As of December 31, 2021, the company's fleet comprised 382 owned aircraft and...
January 10, 2022
COWN, VCTR, and AL made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 10, 2022
January 10, 2022
LOS ANGELES, January 10, 2022--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and new significant financing occurring in the fourth quarter of 2021.
January 10, 2022
LOS ANGELES, January 06, 2022--Air Lease Corporation (NYSE: AL) (the "Company") announced the pricing on January 5, 2022 of its public offering of $750.0 million aggregate principal amount of 2.20% se...
January 6, 2022
LOS ANGELES, January 04, 2022--Air Lease Corporation (NYSE: AL) will host a conference call on February 17, 2022 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quart...
January 4, 2022
Investment company Sit Mid Cap Growth Fund (Current Portfolio) buys Darling Ingredients Inc, CommScope Holding Co Inc, Encompass Health Corp, Zynga Inc, Globant SA, sells Service Corp International, T...
December 25, 2021
LOS ANGELES, December 16, 2021--Air Lease Corporation (NYSE: AL) has signed comprehensive restructuring agreements with Vietnam Airlines covering the leasing of 18 aircraft, including 12 Airbus A321ne...
December 16, 2021
Investment company Royce Fund (Current Portfolio) buys Haemonetics Corp, Avid Technology Inc, FormFactor Inc, Upland Software Inc, Air Lease Corp, sells Manhattan Associates Inc, Marcus & Millichap In...
December 16, 2021
Next page