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Industrials - Rental & Leasing Services - NYSE - US
$ 48.47
-1.08 %
$ 5.4 B
Market Cap
11.04
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one AL stock under the base case scenario is HIDDEN Compared to the current market price of 48.5 USD, Air Lease Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AL

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FINANCIALS
2.68 B REVENUE
15.87%
1.43 B OPERATING INCOME
108.49%
615 M NET INCOME
733.47%
1.75 B OPERATING CASH FLOW
26.39%
-2.78 B INVESTING CASH FLOW
18.38%
716 M FINANCING CASH FLOW
-57.73%
690 M REVENUE
12.52%
356 M OPERATING INCOME
28.32%
104 M NET INCOME
1.00%
462 M OPERATING CASH FLOW
11.62%
-1.27 B INVESTING CASH FLOW
-63.74%
819 M FINANCING CASH FLOW
212.19%
Balance Sheet Decomposition Air Lease Corporation
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Current Assets 464 M
Cash & Short-Term Investments 461 M
Receivables 0
Other Current Assets 3.62 M
Non-Current Assets 30 B
Long-Term Investments 78.2 M
PP&E 27.4 B
Other Non-Current Assets 2.48 B
Current Liabilities 4.37 B
Accounts Payable 1.16 B
Short-Term Debt 3.21 B
Other Current Liabilities 0
Non-Current Liabilities 18.9 B
Long-Term Debt 16 B
Other Non-Current Liabilities 2.95 B
EFFICIENCY
Earnings Waterfall Air Lease Corporation
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Revenue 2.68 B
Cost Of Revenue 1.72 B
Gross Profit 961 M
Operating Expenses 221 M
Operating Income 1.43 B
Other Expenses 816 M
Net Income 615 M
RATIOS
35.80% GROSS MARGIN
35.80%
53.27% OPERATING MARGIN
53.27%
22.89% NET MARGIN
22.89%
8.58% ROE
8.58%
2.02% ROA
2.02%
4.43% ROIC
4.43%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Air Lease Corporation
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Net Income 615 M
Depreciation & Amortization 1.07 B
Capital Expenditures -4.53 B
Stock-Based Compensation 34.6 M
Change in Working Capital 60 M
Others -118 M
Free Cash Flow -2.78 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Air Lease Corporation
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Wall Street analysts predict an average 1-year price target for AL of $54.5 , with forecasts ranging from a low of $54 to a high of $55 .
AL Lowest Price Target Wall Street Target
54 USD 11.41%
AL Average Price Target Wall Street Target
54.5 USD 12.44%
AL Highest Price Target Wall Street Target
55 USD 13.47%
4. DIVIDEND ANALYSIS
0.01% DIVIDEND YIELD
0.22 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Air Lease Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
5.86 M USD 6
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
May 15, 2024
Sell 564 K USD
Willis Gregory B
EVP AND CFO
- 11270
50.0614 USD
8 months ago
Mar 15, 2024
Sell 530 K USD
Khatibi Alex A
EVP
- 11199
47.3656 USD
8 months ago
Mar 15, 2024
Sell 351 K USD
Levy Grant A
EVP
- 7500
46.822 USD
8 months ago
Mar 05, 2024
Sell 483 K USD
Khatibi Alex A
EVP
- 11198
43.1095 USD
8 months ago
Feb 26, 2024
Sell 659 K USD
Korde Kishore
EVP
- 16593
39.6953 USD
8 months ago
Feb 21, 2024
Sell 769 K USD
Plueger John L
CEO AND PRESIDENT
- 19095
40.265 USD
8 months ago
Feb 22, 2024
Sell 873 K USD
Plueger John L
CEO AND PRESIDENT
- 21796
40.0391 USD
8 months ago
Feb 23, 2024
Sell 1.14 M USD
Plueger John L
CEO AND PRESIDENT
- 28515
40.0628 USD
8 months ago
Feb 21, 2024
Sell 370 K USD
Forsyte Carol Hyland
EVP, GC, CORP SECRETARY & CCO
- 9207
40.2353 USD
8 months ago
Feb 22, 2024
Sell 122 K USD
Forsyte Carol Hyland
EVP, GC, CORP SECRETARY & CCO
- 3046
40.0215 USD
1 year ago
Jun 06, 2023
Sell 1 M USD
Khatibi Alex A
EVP
- 25000
40 USD
1 year ago
May 31, 2023
Bought 98.7 K USD
Clark Yvette Hollingsworth
Director
+ 2600
37.9604 USD
1 year ago
Feb 22, 2023
Sell 605 K USD
Willis Gregory B
EVP AND CFO
- 14139
42.7935 USD
1 year ago
Dec 14, 2022
Sell 393 K USD
Levy Grant A
director: EVP
- 10000
39.2737 USD
2 years ago
May 12, 2022
Bought 34 K USD
UDVAR-HAZY STEVEN F
EXECUTIVE CHAIRMAN
+ 1000
33.9834 USD
2 years ago
May 11, 2022
Bought 107 K USD
UDVAR-HAZY STEVEN F
director: EXECUTIVE CHAIRMAN
+ 3000
35.6 USD
2 years ago
May 12, 2022
Bought 33.7 K USD
UDVAR-HAZY STEVEN F
EXECUTIVE CHAIRMAN
+ 1000
33.7464 USD
2 years ago
Feb 23, 2022
Bought 303 K USD
Clark Yvette Hollingsworth
Director
+ 6700
45.2433 USD
2 years ago
Nov 24, 2021
Sell 615 K USD
Khatibi Alex A
director: EVP
- 13600
45.2474 USD
3 years ago
Nov 17, 2021
Sell 711 K USD
Khatibi Alex A
EVP
- 15625
45.5045 USD
3 years ago
Aug 31, 2021
Bought 79.6 K USD
UDVAR-HAZY STEVEN F
EXECUTIVE CHAIRMAN
+ 2000
39.78 USD
3 years ago
Mar 12, 2021
Sell 1.53 M USD
Korde Kishore
EVP
- 29387
51.9615 USD
3 years ago
Mar 11, 2021
Sell 514 K USD
Levy Grant A
EVP
- 10000
51.4006 USD
3 years ago
Mar 08, 2021
Sell 1.47 M USD
Chen Jie
EVP & MANAGING DIRECTOR, ASIA
- 30000
49 USD
3 years ago
Mar 01, 2021
Sell 828 K USD
Chen Jie
EVP & MANAGING DIRECTOR, ASIA
- 17485
47.357 USD
3 years ago
Mar 01, 2021
Sell 119 K USD
Chen Jie
EVP & MANAGING DIRECTOR, ASIA
- 2515
47.1436 USD
3 years ago
Mar 01, 2021
Sell 3.63 M USD
Plueger John L
CEO AND PRESIDENT
- 79323
45.7841 USD
3 years ago
Feb 25, 2021
Sell 496 K USD
Willis Gregory B
EVP AND CFO
- 10525
47.1295 USD
3 years ago
Feb 25, 2021
Sell 496 K USD
Willis Gregory B
director: EVP AND CFO
- 10525
47.1295 USD
3 years ago
Dec 11, 2020
Sell 425 K USD
Levy Grant A
EVP
- 10000
42.5293 USD
3 years ago
Dec 15, 2020
Sell 1.01 M USD
Khatibi Alex A
EVP
- 24000
41.9341 USD
3 years ago
Dec 15, 2020
Sell 1.05 M USD
Chen Jie
EVP & Managing Director, Asia
- 25000
41.9567 USD
3 years ago
Dec 11, 2020
Sell 425 K USD
Levy Grant A
EVP
- 10000
42.5293 USD
3 years ago
Dec 11, 2020
Sell 845 K USD
Chen Jie
EVP & Managing Director, Asia
- 20000
42.2602 USD
3 years ago
Dec 04, 2020
Sell 1.06 M USD
Chen Jie
EVP & Managing Director, Asia
- 25000
42.2624 USD
3 years ago
Nov 19, 2020
Sell 3.08 M USD
Plueger John L
CEO and President
- 80000
38.4659 USD
4 years ago
Nov 18, 2020
Sell 237 K USD
Willis Gregory B
EVP and CFO
- 5900
40.1758 USD
4 years ago
Jun 03, 2020
Sell 1.82 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 56000
32.5564 USD
4 years ago
May 26, 2020
Sell 1.16 M USD
Chen Jie
EVP & Managing Director, Asia
- 40000
29 USD
4 years ago
May 12, 2020
Bought 122 K USD
LARSEN MARSHALL O
Director
+ 5000
24.356 USD
6 years ago
Nov 01, 2018
Bought 5.11 K USD
LARSEN MARSHALL O
Director
+ 131
39.02 USD
6 years ago
Oct 15, 2018
Bought 10.5 K USD
LARSEN MARSHALL O
Director
+ 250
42.1 USD
4 years ago
Mar 09, 2020
Bought 97.8 K USD
KRONGARD CHERYL GORDON
Director
+ 3000
32.615 USD
4 years ago
Mar 05, 2020
Bought 98.5 K USD
McCaw Susan
Director
+ 2775
35.497 USD
4 years ago
Feb 26, 2020
Bought 94.1 K USD
KRONGARD CHERYL GORDON
Director
+ 2500
37.6356 USD
4 years ago
Feb 25, 2020
Bought 99.9 K USD
McCaw Susan
Director
+ 2570
38.8599 USD
4 years ago
Dec 06, 2019
Sell 464 K USD
Levy Grant A
EVP
- 10000
46.4496 USD
4 years ago
Nov 26, 2019
Sell 327 K USD
Baer Marc H
EVP
- 7000
46.7731 USD
4 years ago
Nov 22, 2019
Sell 460 K USD
Khatibi Alex A
EVP
- 10000
46.0079 USD
5 years ago
Nov 19, 2019
Sell 815 K USD
Levy Grant A
EVP
- 18000
45.2997 USD
5 years ago
Nov 15, 2019
Sell 3.99 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 87888
45.3572 USD
5 years ago
Nov 14, 2019
Sell 5.61 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 124308
45.1173 USD
5 years ago
Nov 13, 2019
Sell 9.9 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 220371
44.9274 USD
5 years ago
Nov 12, 2019
Sell 7.65 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 167433
45.7008 USD
5 years ago
Nov 12, 2019
Sell 488 K USD
Forsyte Carol Hyland
EVP, GC, Corp Secretary & CCO
- 10691
45.635 USD
5 years ago
Nov 12, 2019
Sell 686 K USD
Willis Gregory B
EVP and CFO
- 15000
45.7362 USD
5 years ago
Sep 12, 2019
Sell 447 K USD
Levy Grant A
EVP
- 10000
44.7033 USD
5 years ago
Sep 12, 2019
Sell 447 K USD
Levy Grant A
EVP
- 10000
44.7033 USD
5 years ago
Sep 11, 2019
Sell 222 K USD
Baer Marc H
EVP
- 5000
44.3403 USD
5 years ago
Sep 10, 2019
Sell 2.15 M USD
Chen Jie
EVP & Managing Director, Asia
- 50000
43 USD
5 years ago
Sep 09, 2019
Sell 856 K USD
Korde Kishore
EVP, Marketing
- 20000
42.8041 USD
5 years ago
Sep 05, 2019
Sell 2.24 M USD
Levy Grant A
EVP
- 53000
42.3093 USD
5 years ago
Aug 30, 2019
Sell 420 K USD
Korde Kishore
EVP, Marketing
- 10106
41.5123 USD
5 years ago
Aug 28, 2019
Sell 1.28 M USD
Khatibi Alex A
EVP
- 32125
40 USD
5 years ago
Aug 29, 2019
Sell 4.43 M USD
Khatibi Alex A
EVP
- 107875
41.0742 USD
5 years ago
Aug 20, 2019
Sell 390 K USD
Baer Marc H
EVP
- 10000
39 USD
5 years ago
Aug 16, 2019
Sell 8.1 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 209773
38.59 USD
5 years ago
Aug 19, 2019
Sell 2.02 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 51675
39.0394 USD
5 years ago
Aug 20, 2019
Sell 223 K USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 5763
38.6348 USD
5 years ago
Aug 13, 2019
Sell 8 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 204662
39.1 USD
5 years ago
Aug 15, 2019
Sell 5.65 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 148923
37.9421 USD
5 years ago
Aug 13, 2019
Sell 1.81 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 45329
39.9337 USD
5 years ago
Aug 14, 2019
Sell 4.13 M USD
UDVAR-HAZY STEVEN F
Executive Chairman
- 108875
37.9114 USD
5 years ago
May 24, 2019
Sell 4.78 M USD
Baer Marc H
EVP
- 130000
36.8042 USD
5 years ago
May 17, 2019
Sell 5.28 M USD
Plueger John L
CEO and President
- 139946
37.7474 USD
5 years ago
May 15, 2019
Sell 1.96 M USD
Plueger John L
CEO and President
- 50671
38.5879 USD
5 years ago
May 15, 2019
Sell 1.96 M USD
Plueger John L
CEO and President
- 50671
38.5879 USD
5 years ago
Dec 14, 2018
Bought 103 K USD
UDVAR-HAZY STEVEN F
Executive Chairman
+ 3000
34.29 USD
5 years ago
Dec 11, 2018
Bought 71.5 K USD
UDVAR-HAZY STEVEN F
Executive Chairman
+ 2000
35.77 USD
6 years ago
Sep 13, 2018
Sell 677 K USD
Levy Grant A
EVP
- 15000
45.1315 USD
6 years ago
Aug 27, 2018
Sell 281 K USD
Poerschke John D
EVP
- 6000
46.9035 USD
6 years ago
Aug 27, 2018
Sell 281 K USD
Poerschke John D
EVP
- 6000
46.9035 USD
6 years ago
Aug 21, 2018
Sell 462 K USD
Baer Marc H
EVP
- 10000
46.2236 USD
7. News
Air Lease Q3 Earnings Surpass Estimates, Revenues Increase Y/Y AL's third-quarter 2024 results benefit from fleet growth and increased gains from aircraft sales. zacks.com - 1 week ago
Air Lease Corporation (AL) Q3 2024 Earnings Conference Call Transcript Air Lease Corporation (AL) Q3 2024 Earnings Conference Call Transcript seekingalpha.com - 1 week ago
Air Lease (AL) Surpasses Q3 Earnings and Revenue Estimates Air Lease (AL) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.10 per share a year ago. zacks.com - 1 week ago
Air Lease to Report Q3 Earnings: Here's What to Expect Air Lease's third-quarter results are expected to be boosted by upbeat flight equipment rental revenues. zacks.com - 1 week ago
Air Lease (AL) Reports Next Week: Wall Street Expects Earnings Growth Air Lease (AL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Air Lease Corporation Activity Update for the Third Quarter of 2024 LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024. As of September 30, 2024, ALC's fleet was comprised of 485 owned aircraft and 64 managed aircraft, with 287 new aircraft on order from Airbus and Boeing set to deliver through 2029. Aircraft Investments - Delivered 20 new aircraft from ALC's orderbook including three Airbus A220s, six Airbus A321neos. businesswire.com - 1 month ago
Here's Why Investors Should Retain Air Lease Stock for Now Air Lease benefits from the uptick in air travel demand. The shareholder-friendly initiative is praiseworthy. zacks.com - 1 month ago
Air Lease Corporation Announces Third Quarter 2024 Earnings Conference Call LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on November 7, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the third quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 660-6652 domestic or 1 (646) 960-0554 international. The passcode for the call is 5952437. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.ai. businesswire.com - 1 month ago
Air Lease Corporation Announces Delivery of First of Six New Airbus A220-300 Aircraft to TAAG Angola Airlines LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraft to deliver on long-term lease to TAAG and is the first of six new A220-300s confirmed to deliver to the airline from ALC's orderbook with Airbus. “We are pleased to announce ALC's first of six new A220-300 aircraft delivered to TAAG Angola Airlines,” said Steven F. Udvar-Házy, Executive Chairman. businesswire.com - 1 month ago
Air Lease Corporation Announces Pricing of $300 Million Offering of Preferred Stock LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing today of its public offering of 300,000 shares (the “Shares”) of 6.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”), with a liquidation preference of $1,000.00 per share. The sale of the Shares is expected to close on September 24, 2024, subject to satisfaction of customary closing conditions. The Company will pay dividends on the Shares wh. businesswire.com - 1 month ago
Here's Why Investors Should Give Air Lease Stock a Miss Now Air Lease's surge in operating expenses does not bode well for the company. Elevated interest expenses and weak liquidity are hurting the company's bottom line. zacks.com - 2 months ago
Is the Options Market Predicting a Spike in Air Lease (AL) Stock? Investors need to pay close attention to Air Lease (AL) stock based on the movements in the options market lately. zacks.com - 2 months ago
8. Profile Summary

Air Lease Corporation AL

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COUNTRY US
INDUSTRY Rental & Leasing Services
MARKET CAP $ 5.4 B
Dividend Yield 0.01%
Description 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.
Contact 2000 Avenue of the Stars, Los Angeles, CA, 90067 https://www.airleasecorp.com
IPO Date April 19, 2011
Employees 163
Officers Ms. Sara Evans Senior Vice President of Commercial Contracts & Insurance Mr. John D. Poerschke Executive Vice President of Aircraft Procurement & Specification Mr. Kishore Korde Executive Vice President of Marketing Mr. Gregory B. Willis II, CPA Executive Vice President & Chief Financial Officer Mr. Alex A. Khatibi Executive Vice President Ms. Shirley Lu Senior Vice President, Head of Management Business & Maturing Aircraft Strategy Mr. Jason Arnold Vice President of Investor Relations Ms. Courtney McKeown Senior Vice President of Human Resources Mr. Steven F. Udvar-Hazy Executive Chairman of the Board Mr. Eric Hoogenkamp Senior Vice President of Technical Asset Management