Air Lease Corporation (AL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 820.38M | 725.39M | 731.7M | 738.28M | 712.89M | 690.16M | 667.29M | 663.31M | 716.57M | 615.36M | 627.8M | 636.14M | 573.41M | 561.33M | 557.7M | 596.66M | 597.18M | 524.51M | 491.88M | 474.83M |
| Revenue Growth % | 15.08% | 5.1% | 9.65% | 11.3% | -0.51% | 12.16% | 6.29% | 4.27% | 24.97% | 9.63% | 12.57% | 6.62% | -3.98% | 7.02% | 13.38% | 25.66% | 22.1% | 6.26% | -5.65% | -7.15% |
| Cost of Goods Sold | 309.1M | 526.63M | 513.38M | 507.59M | 501.69M | 493.22M | 471.99M | 458.86M | 442.47M | 267.39M | 268.59M | 411.29M | 252.86M | 242.5M | 235.28M | 352.58M | 230.82M | 224.96M | 217.82M | 208.97M |
| COGS % of Revenue | 37.68% | 72.6% | 70.16% | 68.75% | 70.37% | 71.46% | 70.73% | 69.18% | 61.75% | 43.45% | 42.78% | 64.65% | 44.1% | 43.2% | 42.19% | 59.09% | 38.65% | 42.89% | 44.28% | 44.01% |
| Gross Profit | 511.28M | 198.77M | 218.32M | 230.69M | 211.2M | 196.94M | 195.3M | 204.46M | 274.1M | 347.97M | 359.22M | 224.85M | 320.55M | 318.83M | 322.41M | 244.08M | 366.36M | 299.55M | 274.06M | 265.86M |
| Gross Margin % | 62.32% | 27.4% | 29.84% | 31.25% | 29.63% | 28.54% | 29.27% | 30.82% | 38.25% | 56.55% | 57.22% | 35.35% | 55.9% | 56.8% | 57.81% | 40.91% | 61.35% | 57.11% | 55.72% | 55.99% |
| Gross Profit Growth % | 142.08% | 0.93% | 11.79% | 12.83% | -22.95% | -43.4% | -45.63% | -9.07% | -14.49% | 9.14% | 11.42% | -7.88% | -12.5% | 6.44% | 17.64% | -8.19% | 27.93% | 0.34% | -16.27% | -17.56% |
| Operating Expenses | 67.5M | 61.39M | 62.52M | 76.96M | 57.2M | 52.34M | 54.27M | 56.02M | 61.08M | 51.49M | 54.55M | 53.51M | 51.67M | 45.48M | 45.07M | 30.24M | 48.31M | 37.77M | 33.39M | 32.32M |
| OpEx % of Revenue | 8.23% | 8.46% | 8.55% | 10.42% | 8.02% | 7.58% | 8.13% | 8.45% | 8.52% | 8.37% | 8.69% | 8.41% | 9.01% | 8.1% | 8.08% | 5.07% | 8.09% | 7.2% | 6.79% | 6.81% |
| Selling, General & Admin | 67.5M | 61.39M | 62.52M | 76.96M | 57.2M | 52.34M | 54.27M | 56.02M | 61.08M | 51.49M | 54.55M | 53.51M | 51.67M | 0 | 45.07M | 30.24M | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 8.23% | 8.46% | 8.55% | 10.42% | 8.02% | 7.58% | 8.13% | 8.45% | 8.52% | 8.37% | 8.69% | 8.41% | 9.01% | - | 8.08% | 5.07% | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 443.78M | 137.38M | 155.8M | 153.72M | 154.01M | 144.6M | 141.03M | 148.44M | 213.02M | 296.48M | 304.67M | 171.34M | 268.88M | 273.35M | 277.34M | 213.84M | 318.04M | 261.77M | 240.67M | 233.54M |
| Operating Margin % | 54.09% | 18.94% | 21.29% | 20.82% | 21.6% | 20.95% | 21.14% | 22.38% | 29.73% | 48.18% | 48.53% | 26.93% | 46.89% | 48.7% | 49.73% | 35.84% | 53.26% | 49.91% | 48.93% | 49.18% |
| Operating Income Growth % | 188.16% | -5% | 10.47% | 3.56% | -27.7% | -51.23% | -53.71% | -13.37% | -20.78% | 8.46% | 9.85% | -19.87% | -15.46% | 4.42% | 15.24% | -8.44% | 20.85% | -3.64% | -18.93% | -19.4% |
| EBITDA | 752.88M | 448.5M | 460.08M | 452.74M | 448.39M | 434.74M | 423.01M | 425.7M | 486.13M | 563.87M | 573.26M | 431.02M | 521.74M | 515.85M | 512.63M | 449.14M | 548.86M | 486.74M | 458.49M | 442.5M |
| EBITDA Margin % | 91.77% | 61.83% | 62.88% | 61.32% | 62.9% | 62.99% | 63.39% | 64.18% | 67.84% | 91.63% | 91.31% | 67.76% | 90.99% | 91.9% | 91.92% | 75.28% | 91.91% | 92.8% | 93.21% | 93.19% |
| EBITDA Growth % | 67.91% | 3.17% | 8.76% | 6.35% | -7.76% | -22.9% | -26.21% | -1.23% | -6.83% | 9.31% | 11.83% | -4.04% | -4.94% | 5.98% | 11.81% | 1.5% | 17.81% | 4.29% | - | 99999900% |
| D&A (Non-Cash Add-back) | 309.1M | 311.13M | 304.29M | 299.02M | 294.39M | 290.13M | 281.98M | 277.26M | 273.11M | 267.39M | 268.59M | 259.68M | 252.86M | 242.5M | 235.28M | 235.31M | 230.82M | 224.96M | 217.82M | 208.97M |
| EBIT | 443.78M | 197.85M | 499.8M | 485.66M | 154.01M | 144.6M | 141.03M | 148.44M | 280.04M | 340.48M | 349.77M | 171.34M | 327.96M | 273.35M | 277.34M | -471.24M | 318.04M | 261.77M | 240.67M | 233.54M |
| Net Interest Income | -217.31M | -12.88M | -13.22M | -13.99M | -14.05M | -14.37M | -13.29M | -13.11M | -13.64M | -13.7M | -13.65M | -13.07M | -13.48M | -13.16M | -13.41M | -13.2M | -13.51M | -12.57M | -12.51M | -12.03M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 217.31M | 12.88M | 13.22M | 13.99M | 14.05M | 14.37M | 13.29M | 13.11M | 13.64M | 13.7M | 13.65M | 13.07M | 13.48M | 13.16M | 13.41M | 13.2M | 13.51M | 12.57M | 12.51M | 12.03M |
| Other Income/Expense | -217.31M | 47.59M | 330.79M | 317.94M | -14.05M | -14.37M | -13.29M | -13.11M | 53.38M | -131.46M | -140.72M | -13.07M | -88.71M | -135.51M | -132.41M | -815.55M | -129.66M | -127.23M | -126.11M | -130.01M |
| Pretax Income | 226.48M | 184.97M | 486.58M | 471.67M | 139.96M | 130.23M | 127.74M | 135.33M | 266.4M | 165.02M | 163.95M | 158.27M | 180.18M | 137.84M | 144.93M | -601.71M | 188.38M | 134.54M | 114.56M | 103.53M |
| Pretax Margin % | 27.61% | 25.5% | 66.5% | 63.89% | 19.63% | 18.87% | 19.14% | 20.4% | 37.18% | 26.82% | 26.11% | 24.88% | 31.42% | 24.56% | 25.99% | -100.85% | 31.55% | 25.65% | 23.29% | 21.8% |
| Income Tax | 45.54M | 38.51M | 101.41M | 95.84M | 27.03M | 26.26M | 24.8M | 27.46M | 45.35M | 32.57M | 31.55M | 29.55M | 34.87M | 27.46M | 28.66M | -132.72M | 36.6M | 27.21M | 21.14M | 19.44M |
| Effective Tax Rate % | 20.11% | 20.82% | 20.84% | 20.32% | 19.32% | 20.16% | 19.41% | 20.29% | 17.02% | 19.74% | 19.24% | 18.67% | 19.35% | 19.92% | 19.77% | 22.06% | 19.43% | 20.22% | 18.45% | 18.77% |
| Net Income | 180.93M | 146.46M | 385.17M | 375.83M | 112.92M | 103.97M | 102.95M | 107.87M | 221.05M | 132.45M | 132.4M | 128.72M | 145.31M | 110.38M | 116.28M | -468.99M | 151.78M | 107.34M | 93.42M | 84.09M |
| Net Margin % | 22.05% | 20.19% | 52.64% | 50.91% | 15.84% | 15.06% | 15.43% | 16.26% | 30.85% | 21.52% | 21.09% | 20.23% | 25.34% | 19.66% | 20.85% | -78.6% | 25.42% | 20.46% | 18.99% | 17.71% |
| Net Income Growth % | 60.23% | 40.86% | 274.14% | 248.42% | -48.92% | -21.5% | -22.25% | -16.2% | 52.12% | 19.99% | 13.87% | 127.45% | -4.26% | 2.84% | 24.46% | -657.71% | 36.63% | -10.85% | -36.72% | -38.69% |
| Net Income (Continuing) | 180.93M | 146.46M | 385.17M | 375.83M | 112.92M | 103.97M | 102.95M | 107.87M | 221.05M | 132.45M | 132.4M | 128.72M | 145.31M | 110.38M | 116.28M | -468.99M | 151.78M | 107.34M | 93.42M | 84.09M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.51 | 1.21 | 3.33 | 3.26 | 0.83 | 0.82 | 0.81 | 0.87 | 1.89 | 1.10 | 1.10 | 1.06 | 1.21 | 0.90 | 0.95 | -4.12 | 1.24 | 0.87 | 0.75 | 0.70 |
| EPS Growth % | 81.93% | 47.56% | 311.11% | 274.71% | -56.08% | -25.45% | -26.36% | -17.92% | 56.2% | 22.22% | 15.79% | 125.73% | -2.42% | 3.45% | 26.67% | -688.57% | 31.91% | -14.71% | -40.48% | -40.17% |
| EPS (Basic) | 1.52 | 1.21 | 3.35 | 3.27 | 0.83 | 0.82 | 0.81 | 0.88 | 1.90 | 1.10 | 1.10 | 1.07 | 1.22 | 0.90 | 0.95 | -4.12 | 1.25 | 0.88 | 0.75 | 0.70 |
| Diluted Shares Outstanding | 112.4M | 112.34M | 112.23M | 112.03M | 111.9M | 111.8M | 111.74M | 111.53M | 111.41M | 111.35M | 111.24M | 111.2M | 111.16M | 111.09M | 111.04M | 113.89M | 114.33M | 114.38M | 114.38M | 114.24M |
| Basic Shares Outstanding | 111.77M | 111.77M | 111.76M | 111.55M | 111.38M | 111.38M | 111.37M | 111.17M | 111.03M | 111.03M | 111.02M | 110.94M | 110.89M | 110.89M | 110.87M | 113.88M | 113.99M | 114.12M | 114.13M | 113.96M |
| Dividend Payout Ratio | 13.59% | 16.79% | 6.38% | 6.52% | 20.71% | 22.5% | 22.72% | 21.62% | 10.05% | 16.76% | 16.77% | 17.23% | 14.12% | 18.59% | 18.18% | - | 12.03% | 17.01% | 19.54% | 21.66% |