AL - NYSE
Air Lease Corporation
$65.00
+0.0000%Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
At a Glance
Live SnapshotAir Lease Corporation Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.5B | $3.5B | $5.0B | $7.1B | $10.2B | $14.5B | $20.7B | $29.4B | $41.9B | $59.7B |
| Maintenance CapEx | -$967.0M | -$1.4B | -$2.0B | -$2.8B | -$4.0B | -$5.7B | -$8.1B | -$11.5B | -$16.4B | -$23.4B |
| Owner Earnings | $1.5B | $2.1B | $3.1B | $4.3B | $6.2B | $8.8B | $12.6B | $17.9B | $25.5B | $36.4B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $1.4B | $1.8B | $2.4B | $3.2B | $4.2B | $5.6B | $7.3B | $9.7B | $12.8B | $16.8B |
Related Guides
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.