Air Lease Corporation logo

AL

Air Lease Corporation

$49.8

Earnings Summary

Revenue
$690.16Mn
Net Profits
$91.65Mn
Net Profit Margins
13.28%
PE Ratio
10.99

Highlights

Revenue:

Air Lease Corporation’s revenue jumped 4.67% since last year same period to $690.16Mn in the Q3 2024. On a quarterly growth basis, Air Lease Corporation has generated 12.52% jump in its revenue since last 3-months.

Net Profits:

Air Lease Corporation’s net profit fell -30.81% since last year same period to $91.65Mn in the Q3 2024. On a quarterly growth basis, Air Lease Corporation has generated -10.98% fall in its net profits since last 3-months.

Net Profit Margins:

Air Lease Corporation’s net profit margin fell -33.89% since last year same period to 13.28% in the Q3 2024. On a quarterly growth basis, Air Lease Corporation has generated -20.88% fall in its net profit margins since last 3-months.

PE Ratio:

Air Lease Corporation’s price-to-earnings ratio after this Q3 2024 earnings stands at 10.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Air Lease Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.96
EPS Estimate Current Year
0.96

Highlights

EPS Estimate Current Quarter:

Air Lease Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.96 - a 21.67% jump from last quarter’s estimates.

EPS Estimate Current Year:

Air Lease Corporation’s earning per share (EPS) estimates for the current year stand at 0.96.

Key Ratios

Key ratios of the Air Lease Corporation post its Q3 2024 earnings

Earning Per Share (EPS)
0.82
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0.21

Highlights

Earning Per Share (EPS):

Air Lease Corporation’s earning per share (EPS) fell -25.45% since last year same period to 0.82 in the Q3 2024. This indicates that the Air Lease Corporation has generated -25.45% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.07.

Dividend Per Share (DPS):

Air Lease Corporation declared 0.21 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-11-07
0.79
0.82
3.8%
2024-08-01
0.9
0.81
-10%
2024-05-06
0.94
0.87
-7.45%