AL
Air Lease Corporation
NYSE: AL · INDUSTRIALS · RENTAL & LEASING SERVICES
$65.00
+0.00% today
Updated 2026-04-09
Market cap
$7.28B
P/E ratio
7.00
P/S ratio
2.42x
EPS (TTM)
$9.29
Dividend yield
1.35%
52W range
$40 – $65
Volume
2.3M
Air Lease Corporation (AL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.08M | $332.72M | $645.85M | $858.67M | $1.05B | $1.22B | $1.42B | $1.52B | $1.68B | $2.02B | $2.02B | $2.09B | $2.32B | $2.68B | $2.73B | $3.02B |
| Revenue growth (YoY) | — | +483.0% | +94.1% | +33.0% | +22.3% | +16.4% | +16.0% | +6.9% | +10.8% | +20.1% | -0.1% | +3.6% | +11.0% | +15.9% | +1.8% | +10.3% |
| Cost of revenue | $48.28M | $157.17M | $346.64M | $448.78M | $529.48M | $633.40M | $707.94M | $766.27M | $892.01M | $1.10B | $1.21B | $1.34B | $1.46B | $1.72B | $1.93B | $1.22B |
| Gross profit | $8.80M | $175.55M | $299.21M | $409.89M | $521.02M | $589.44M | $711.11M | $750.11M | $787.69M | $916.77M | $803.01M | $743.43M | $858.42M | $961.29M | $807.90M | $1.79B |
| Gross margin | 15.4% | 52.8% | 46.3% | 47.7% | 49.6% | 48.2% | 50.1% | 49.5% | 46.9% | 45.5% | 39.8% | 35.6% | 37.0% | 35.8% | 29.6% | 59.4% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | $39.34M | $31.69M | $21.61M | $16.05M | $17.02M | $16.94M | $19.80M | $17.48M | $20.75M | $17.63M | $26.52M | $15.60M | $34.62M | $33.89M | $268.37M |
| Operating income | — | $91.65M | $211.07M | $317.07M | $422.55M | $495.46M | $611.18M | $638.98M | $672.84M | $772.38M | $689.70M | $591.64M | $685.97M | $740.66M | $588.08M | $1.52B |
| Operating margin | 0.0% | 27.5% | 32.7% | 36.9% | 40.2% | 40.5% | 43.1% | 42.1% | 40.1% | 38.3% | 34.2% | 28.3% | 29.6% | 27.6% | 21.5% | 50.5% |
| EBITDA | — | $249.49M | $437.19M | $597.11M | $759.21M | $893.22M | $1.06B | $1.15B | $1.25B | $1.48B | $1.47B | $1.47B | $880.44M | $1.88B | $1.73B | $2.75B |
| EBITDA margin | 0.0% | 75.0% | 67.7% | 69.5% | 72.3% | 73.0% | 75.0% | 75.7% | 74.7% | 73.1% | 73.0% | 70.6% | 38.0% | 69.9% | 63.4% | 91.1% |
| EBIT | — | $137.18M | $220.97M | $317.07M | $422.55M | $495.46M | $611.18M | $638.98M | $672.84M | $772.38M | $689.70M | $591.64M | $-85.51M | $807.69M | $588.08M | $1.52B |
| Interest expense | $0.00 | $9.48M | $147.41M | $23.63M | $27.77M | $30.51M | $30.94M | $29.45M | $32.71M | $36.69M | $43.02M | $50.62M | $53.25M | $54.05M | $54.82M | $890.56M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | — | $53.23M | $131.92M | $190.41M | $256.00M | $253.39M | $374.93M | $756.15M | $510.83M | $587.12M | $516.26M | $436.63M | $-97.02M | $614.62M | $427.70M | $1.09B |
| Net income growth (YoY) | — | — | +147.8% | +44.3% | +34.4% | -1.0% | +48.0% | +101.7% | -32.4% | +14.9% | -12.1% | -15.4% | -122.2% | +733.5% | -30.4% | +154.5% |
| Profit margin | 0.0% | 16.0% | 20.4% | 22.2% | 24.4% | 20.7% | 26.4% | 49.9% | 30.4% | 29.1% | 25.6% | 20.9% | -4.2% | 22.9% | 15.6% | 36.1% |