Air Lease Corporation (AL)
Air Lease Statistics
Share Statistics
Air Lease has 111.38M shares outstanding. The number of shares has increased by 0.32% in one year.
| Shares Outstanding | 111.38M |
| Shares Change (YoY) | 0.32% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 96.68% |
| Shares Floating | 103.55M |
| Failed to Deliver (FTD) Shares | 1.64K |
| FTD / Avg. Volume | 0.24% |
Short Selling Information
The latest short interest is 2.98M, so 2.67% of the outstanding shares have been sold short.
| Short Interest | 2.98M |
| Short % of Shares Out | 2.67% |
| Short % of Float | 2.86% |
| Short Ratio (days to cover) | 4.31 |
Valuation Ratios
The PE ratio is 14.42 and the forward PE ratio is 7.67. Air Lease's PEG ratio is -0.41.
| PE Ratio | 14.42 |
| Forward PE | 7.67 |
| PS Ratio | 1.96 |
| Forward PS | 1.6 |
| PB Ratio | 0.71 |
| P/FCF Ratio | -2.15 |
| PEG Ratio | -0.41 |
Enterprise Valuation
Air Lease Corporation has an Enterprise Value (EV) of 23.38B.
| EV / Earnings | 62.83 |
| EV / Sales | 8.55 |
| EV / EBITDA | 13.5 |
| EV / EBIT | 9.18 |
| EV / FCF | -9.36 |
Financial Position
The company has a current ratio of 0.34, with a Debt / Equity ratio of 2.68.
| Current Ratio | 0.34 |
| Quick Ratio | 0.34 |
| Debt / Equity | 2.68 |
| Total Debt / Capitalization | 72.85 |
| Cash Flow / Debt | 0.08 |
| Interest Coverage | 46.47 |
Financial Efficiency
Return on equity (ROE) is 0.05% and return on capital (ROIC) is 7.37%.
| Return on Equity (ROE) | 0.05% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 7.37% |
| Revenue Per Employee | $16,567,618.18 |
| Profits Per Employee | $2,254,987.88 |
| Employee Count | 165 |
| Asset Turnover | 0.08 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 105.55M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by -4.61% in the last 52 weeks. The beta is 1.62, so Air Lease's price volatility has been higher than the market average.
| Beta | 1.62 |
| 52-Week Price Change | -4.61% |
| 50-Day Moving Average | 46.86 |
| 200-Day Moving Average | 46.53 |
| Relative Strength Index (RSI) | 59.89 |
| Average Volume (20 Days) | 692.29K |
Income Statement
In the last 12 months, Air Lease had revenue of 2.73B and earned 372.07M in profits. Earnings per share was 3.34.
| Revenue | 2.73B |
| Gross Profit | 2.73B |
| Operating Income | 2.55B |
| Net Income | 372.07M |
| EBITDA | 1.73B |
| EBIT | 2.55B |
| Earnings Per Share (EPS) | 3.34 |
Balance Sheet
The company has 472.55M in cash and 20.21B in debt, giving a net cash position of -19.74B.
| Cash & Cash Equivalents | 472.55M |
| Total Debt | 20.21B |
| Net Cash | -19.74B |
| Retained Earnings | 4.15B |
| Total Assets | 32.28B |
| Working Capital | -933.45M |
Cash Flow
In the last 12 months, operating cash flow was 1.68B and capital expenditures -4.17B, giving a free cash flow of -2.5B.
| Operating Cash Flow | 1.68B |
| Capital Expenditures | -4.17B |
| Free Cash Flow | -2.5B |
| FCF Per Share | -22.43 |
Margins
Gross margin is 100%, with operating and profit margins of 93.2% and 13.61%.
| Gross Margin | 100% |
| Operating Margin | 93.2% |
| Pretax Margin | 19.51% |
| Profit Margin | 13.61% |
| EBITDA Margin | 63.35% |
| EBIT Margin | 93.2% |
| FCF Margin | -91.33% |
Dividends & Yields
AL pays an annual dividend of $0.86, which amounts to a dividend yield of 1.85%.
| Dividend Per Share | $0.86 |
| Dividend Yield | 1.85% |
| Dividend Growth (YoY) | 4.76% |
| Payout Ratio | 25.83% |
| Earnings Yield | 6.81% |
| FCF Yield | -45.68% |
Analyst Forecast
The average price target for AL is $55, which is 12.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $55 |
| Price Target Difference | 12.1% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | 0.45 |
| Piotroski F-Score | 5 |