Back to top
more

Air Lease (AL)

(Real Time Quote from BATS)

$50.81 USD

50.81
164,176

-0.59 (-1.15%)

Updated Apr 25, 2024 12:18 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 13% (33 out of 251)

Industry: Transportation - Equipment and Leasing

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for AL

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Air Lease Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 464 780 1,108 1,758 338
Receivables 0 0 0 0 0
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 464 780 1,108 1,758 338
Net Property & Equipment 26,231 24,538 22,899 20,380 18,704
Investments & Advances 1,203 1,345 1,509 1,800 1,564
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 2,553 1,733 1,453 1,277 1,103
Total Assets 30,452 28,397 26,969 25,215 21,709
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 0 0 0 0 0
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,164 697 612 492 517
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 1,164 697 612 492 517
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,426 1,118 1,152 1,059 893
Convertible Debt 0 0 0 0 0
Long-Term Debt 19,183 18,641 17,022 16,518 13,579
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,520 1,294 1,174 1,073 1,097
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 23,292 21,750 19,960 19,143 16,086
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 3,287 3,256 3,399 2,793 2,778
Retained Earnings 3,870 3,387 3,610 3,278 2,846
Other Equity 2 2 -2 0 -1
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 7,160 6,646 7,009 6,072 5,624
Total Liabilities & Shareholder's Equity 30,452 28,397 26,969 25,215 21,709
Total Common Equity 7,160 6,646 7,008 6,072 5,623
Shares Outstanding 111.00 110.80 113.90 113.70 112.70
Book Value Per Share 64.50 59.98 61.53 53.41 49.90

Fiscal Year End for Air Lease Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 464 516 580 702
Receivables NA 0 0 0 0
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 464 516 580 702
Net Property & Equipment NA 26,231 25,595 25,516 25,750
Investments & Advances NA 1,203 1,173 1,105 1,220
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 2,553 2,388 2,556 1,692
Total Assets NA 30,452 29,672 29,758 29,363
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 0 0 0 0
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,164 1,401 1,428 681
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 1,164 1,401 1,428 681
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1,426 1,203 1,171 1,153
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 19,183 18,646 18,896 19,448
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,461 1,411 1,337
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 23,292 22,711 22,905 22,619
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 3,287 3,276 3,267 3,259
Retained Earnings NA 3,870 3,683 3,583 3,483
Other Equity NA 2 1 2 2
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 7,160 6,961 6,853 6,745
Total Liabilities & Shareholder's Equity NA 30,452 29,672 29,758 29,363
Total Common Equity 0 7,160 6,961 6,853 6,744
Shares Outstanding 111.30 111.00 111.00 111.00 111.00
Book Value Per Share 0.00 64.50 62.71 61.73 60.76