Air Lease Corporation (AL-PA)
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios.
Company Info
Highlights
$4.25B
-$1.33
$1.30B
$731.44M
$993.85M
$23.59 - $25.26
0.41
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
AL-PA
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
0.08%
9.75%
-1.63%
12.74%
15.66%
10.77%
Monthly Returns
The table below presents the monthly returns of AL-PA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.08% | 2.87% | 2.73% | -1.73% | 1.16% | 0.20% | 1.78% | -0.57% | 0.60% | 0.24% | 7.51% | ||
| 2023 | 2.37% | 1.47% | -15.88% | 5.95% | 4.79% | 0.67% | 3.92% | 2.97% | 0.42% | 0.50% | 2.83% | 1.97% | 10.60% |
| 2022 | 1.08% | -2.94% | 0.08% | -0.40% | -4.05% | 0.00% | 3.43% | -1.12% | -5.85% | -3.89% | 12.49% | 0.92% | -1.42% |
| 2021 | -0.95% | 0.75% | 1.75% | 2.52% | 0.94% | 3.29% | -1.16% | 0.71% | -0.04% | -0.15% | -2.11% | -0.46% | 5.07% |
| 2020 | 1.20% | -7.46% | -38.75% | 15.73% | 24.53% | -7.44% | 7.79% | 8.32% | -0.68% | -1.46% | 16.17% | -0.23% | 1.34% |
| 2019 | 0.40% | 0.59% | 3.02% | 2.80% | -0.19% | 1.55% | 3.26% | 0.47% | -1.45% | -1.33% | 4.36% | 14.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, AL-PA is among the top 11% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Air Lease Corporation (AL-PA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Air Lease Corporation provided a 4.63% dividend yield over the last twelve months, with an annual payout of $1.17 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.17 | $1.54 | $1.54 | $1.54 | $1.54 | $1.20 |
Dividend yield | 4.63% | 6.17% | 6.40% | 5.92% | 5.87% | 4.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Air Lease Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.38 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $1.55 | ||
| 2023 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $1.54 |
| 2022 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $1.54 |
| 2021 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $1.54 |
| 2020 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $1.54 |
| 2019 | $0.43 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $1.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Air Lease Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Air Lease Corporation was 63.44%, occurring on Mar 23, 2020. Recovery took 174 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.44% | Feb 10, 2020 | 30 | Mar 23, 2020 | 174 | Nov 27, 2020 | 204 |
| -19.97% | Jun 23, 2021 | 337 | Oct 21, 2022 | 259 | Nov 2, 2023 | 596 |
| -5.23% | Jan 6, 2021 | 5 | Jan 12, 2021 | 21 | Feb 11, 2021 | 26 |
| -5.17% | Apr 29, 2021 | 11 | May 13, 2021 | 13 | Jun 2, 2021 | 24 |
| -5.15% | Feb 12, 2021 | 8 | Feb 24, 2021 | 6 | Mar 4, 2021 | 14 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Air Lease Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Earnings Per Share
The chart presents the Earnings Per Share (EPS) performance of Air Lease Corporation, comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 18.9% positive surprise.
Valuation
The Valuation section provides an overview of how Air Lease Corporation is priced in the market compared to other companies in the Rental & Leasing Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for AL-PA relative to other companies in the Rental & Leasing Services industry. Currently, AL-PA has a P/S ratio of 1.6. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for AL-PA in comparison with other companies in the Rental & Leasing Services industry. Currently, AL-PA has a P/B value of 0.0. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |