Air Lease Corporation (AL) — Financial statements
Income statement, balance sheet, and cash flow for Air Lease Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,016↑10.3% | 2,734↑1.8% | 2,685↑15.9% | 2,317↑11.0% | 2,088 | |
| Cost of Revenue | 1,224↓36.5% | 1,926↑11.7% | 1,724↑18.2% | 1,459↑8.5% | 1,345 | |
| Gross Profit | 1,792↑121.8% | 808↓16.0% | 961↑12.0% | 858↑15.5% | 743 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 34↓2.1% | 35↑121.8% | 16↓41.2% | 27 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 186↓0.0% | 186↑18.6% | 157↑25.2% | 125 | |
| SG&A Expenses | 268↑22.1% | 220↓0.4% | 221↑27.9% | 172↑13.6% | 152 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 268↑22.1% | 220↓0.4% | 221↑27.9% | 172↑13.6% | 152 | |
| Total Costs & Expenses | 1,492↓30.5% | 2,146↑10.4% | 1,944↑19.2% | 1,631↑9.0% | 1,497 | |
| Operating Results | ||||||
| Operating Income | 1,524↑159.1% | 588↓20.6% | 741↑8.0% | 686↑15.9% | 592 | |
| Depreciation & Amortization | 1,224↑7.0% | 1,144↑7.0% | 1,069↑10.6% | 966↑9.4% | 883 | |
| EBITDA | 2,747↑58.6% | 1,732↓7.7% | 1,876↑113.1% | 880↓40.3% | 1,474 | |
| EBIT | 1,524↑159.1% | 588↓27.2% | 808↑1044.5% | -86↓114.5% | 592 | |
| Interest & Other Income | ||||||
| Net Interest Income | -891↓1524.4% | -55↓1.4% | -54↓1.5% | -53↓5.2% | -51 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 891↑1524.4% | 55↑1.4% | 54↑1.5% | 53↑5.2% | 51 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -67↓108.7% | 771 | 0.00 | |
| Other Income / Expenses | -154↓181.2% | -55↓522.7% | 13↑101.6% | -825↓1529.3% | -51 | |
| Income Before Tax | 1,370↑156.9% | 533↓29.2% | 754↑643.1% | -139↓125.6% | 541 | |
| Income Tax Expense | 281↑166.5% | 106↓24.1% | 139↑433.0% | -42↓140.0% | 104 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,088↑154.5% | 428↓30.4% | 615↑733.5% | -97↓122.2% | 437 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,088↑154.5% | 428↓30.4% | 615↑733.5% | -97↓122.2% | 437 | |
| Bottom-Line Net Income | 1,044↑180.6% | 372↓35.1% | 573↑513.0% | -139↓134.0% | 408 | |
| EPS (Basic) | 9.35↑179.9% | 3.34↓35.3% | 5.16↑516.1% | -1.24↓134.6% | 3.58 | |
| EPS (Diluted) | 9.29↑179.0% | 3.33↓35.2% | 5.14↑514.5% | -1.24↓134.7% | 3.57 | |
| Weighted Average Shares | 112↑0.3% | 111↑0.3% | 111↓0.6% | 112↓2.1% | 114 | |
| Weighted Average Diluted Shares | 112↑0.4% | 112↑0.4% | 111↓0.2% | 112↓2.5% | 114 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.