Air Lease Corporation (AL)
Air Lease Statistics
Share Statistics
Air Lease has 111.76M shares outstanding. The number of shares has increased by 0.35% in one year.
| Shares Outstanding | 111.76M |
| Shares Change (YoY) | 0.35% |
| Shares Change (QoQ) | 0.34% |
| Owned by Institutions (%) | 96.68% |
| Shares Floating | 103.85M |
| Failed to Deliver (FTD) Shares | 5 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 3.7M, so 3.31% of the outstanding shares have been sold short.
| Short Interest | 3.7M |
| Short % of Shares Out | 3.31% |
| Short % of Float | 4.75% |
| Short Ratio (days to cover) | 4.9 |
Valuation Ratios
The PE ratio is 14.42 and the forward PE ratio is 8.31. Air Lease's PEG ratio is -0.41.
| PE Ratio | 14.42 |
| Forward PE | 8.31 |
| PS Ratio | 1.96 |
| Forward PS | 1.4 |
| PB Ratio | 0.71 |
| P/FCF Ratio | -2.15 |
| PEG Ratio | -0.41 |
Enterprise Valuation
Air Lease has an Enterprise Value (EV) of 25.1B.
| EV / Sales | 9.18 |
| EV / EBITDA | 14.5 |
| EV / EBIT | 14.97 |
| EV / FCF | -10.05 |
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 |
| Debt / EBITDA | 11.67 |
| Debt / FCF | -8.09 |
| Interest Coverage | 10.73 |
Financial Efficiency
Return on Equity is 4.94% and Return on Invested Capital is 1.53%.
| Return on Equity | 4.94% |
| Return on Assets | 1.15% |
| Return on Invested Capital | 1.53% |
| Revenue Per Employee | $16.57M |
| Profits Per Employee | $2.25M |
| Employee Count | 165 |
| Asset Turnover | 0.08 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 105.55M |
| Effective Tax Rate | 19.79% |
Stock Price Statistics
The stock price has increased by -12.85% in the last 52 weeks. The beta is 1.35, so Air Lease's price volatility has been higher than the market average.
| Beta | 1.35 |
| 52-Week Price Change | -12.85% |
| 50-Day Moving Average | 46.16 |
| 200-Day Moving Average | 46.34 |
| Relative Strength Index (RSI) | 43.16 |
| Average Volume (20 Days) | 848.03K |
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 | 807.9M |
| Operating Income | 588.08M |
| Net Income | 372.07M |
| EBITDA | 1.73B |
| EBIT | 588.08M |
| 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 29.55%, with operating and profit margins of 21.51% and 13.61%.
| Gross Margin | 29.55% |
| Operating Margin | 21.51% |
| Pretax Margin | 19.51% |
| Profit Margin | 13.61% |
| EBITDA Margin | 63.35% |
| EBIT Margin | 21.51% |
| 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 | 6.93% |
| FCF Yield | -46.52% |
Analyst Forecast
The average price target for AL is $55, which is 29.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $55 |
| Price Target Difference | 29.5% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | 0.43 |
| Piotroski F-Score | 4 |