Earnings Summary

Air Lease Corporation’s revenue jumped 4.27% since last year same period to $663.31Mn in the Q1 2024. On a quarterly growth basis, Air Lease Corporation has generated -7.43% fall in its revenue since last 3-months.

Air Lease Corporation’s net profit fell -16.2% since last year same period to $107.87Mn in the Q1 2024. On a quarterly growth basis, Air Lease Corporation has generated -51.2% fall in its net profits since last 3-months.

Air Lease Corporation’s net profit margin fell -19.63% since last year same period to 16.26% in the Q1 2024. On a quarterly growth basis, Air Lease Corporation has generated -47.29% fall in its net profit margins since last 3-months.

Air Lease Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 9.62.

Air Lease Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a 20% jump from last quarter’s estimates.

Air Lease Corporation’s earning per share (EPS) estimates for the current year stand at 1.14.

Air Lease Corporation’s earning per share (EPS) fell -17.92% since last year same period to 0.87 in the Q1 2024. This indicates that the Air Lease Corporation has generated -17.92% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Air Lease Corporation’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Air Lease Corporation’s return on equity (ROE) stands at 0.09.

Air Lease Corporation declared 0.21 dividend per share during the earnings announcement for Q1 2024.