Willis Lease Finance Corporation (WLFC) — Financial statements
Income statement, balance sheet, and cash flow for Willis Lease Finance Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 676↑18.7% | 569↑36.0% | 419↑34.2% | 312↑13.8% | 274 | |
| Cost of Revenue | 232↑65.8% | 140↑9.8% | 127↑16.7% | 109↑3.5% | 105 | |
| Gross Profit | 444↑3.4% | 429↑47.4% | 291↑43.6% | 203↑20.2% | 169 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 195↑32.7% | 147↑26.8% | 116↑25.1% | 93↑22.8% | 75 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 195↑32.7% | 147↑26.8% | 116↑25.1% | 93↑22.8% | 75 | |
| Other Expenses | 31↓77.3% | 138↑24.2% | 111↑10.8% | 100↑18.1% | 85 | |
| Operating Expenses | 226↓20.7% | 285↑25.5% | 227↑17.7% | 193↑20.3% | 160 | |
| Total Costs & Expenses | 458↑7.8% | 425↑19.9% | 354↑17.3% | 302↑13.6% | 266 | |
| Operating Results | ||||||
| Operating Income | 218↑51.0% | 144↑124.8% | 64↑551.7% | 10↑18.2% | 8 | |
| Depreciation & Amortization | 112↑17.2% | 95↑4.7% | 91↑3.0% | 88↓2.5% | 91 | |
| EBITDA | 330↓6.5% | 353↑48.9% | 237↑43.7% | 165↓1.7% | 168 | |
| EBIT | 218↓15.3% | 257↑76.4% | 146↑90.7% | 77↓0.8% | 77 | |
| Interest & Other Income | ||||||
| Net Interest Income | -138↓31.6% | -105↓33.0% | -79↓18.1% | -67↑1.8% | -68 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 138↑31.6% | 105↑33.0% | 79↑18.1% | 67↓1.8% | 68 | |
| Non-Operating Income | 0.00↑100.0% | -113↓38.3% | -82↓22.5% | -67↑3.1% | -69 | |
| Other Income / Expenses | -57↓795.6% | 8↑183.6% | 3↑4790.3% | -0.06↓107.7% | 0.80 | |
| Income Before Tax | 161↑5.2% | 153↑127.4% | 67↑585.5% | 10↑7.1% | 9 | |
| Income Tax Expense | 47↑6.4% | 44↑88.6% | 23↑436.3% | 4↓24.8% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 114↑4.7% | 109↑148.1% | 44↑704.9% | 5↑62.3% | 3 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 114↑4.7% | 109↑148.1% | 44↑704.9% | 5↑62.3% | 3 | |
| Bottom-Line Net Income | 108↑3.5% | 104↑158.5% | 40↑1817.9% | 2↑11594.4% | 0.02 | |
| EPS (Basic) | 16.00↑0.2% | 15.97↑149.5% | 6.40↑1728.6% | 0.35↑11969.0% | 0.00 | |
| EPS (Diluted) | 15.39↑0.3% | 15.34↑146.2% | 6.23↑1787.9% | 0.33↑11685.7% | 0.00 | |
| Weighted Average Shares | 7↑3.3% | 7↑3.7% | 6↑3.9% | 6↓0.7% | 6 | |
| Weighted Average Diluted Shares | 7↑3.2% | 7↑5.0% | 6↑2.9% | 6↓0.8% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.