AL RSI Chart
Last 7 days
0.3%
Last 30 days
1.3%
Last 90 days
19.9%
Trailing 12 Months
26.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.7B | 0 | 0 | 0 |
2023 | 2.4B | 2.5B | 2.6B | 2.7B |
2022 | 2.2B | 2.3B | 2.3B | 2.3B |
2021 | 2.0B | 1.9B | 2.0B | 2.1B |
2020 | 2.1B | 2.1B | 2.1B | 2.0B |
2019 | 1.8B | 1.8B | 1.9B | 2.0B |
2018 | 1.5B | 1.6B | 1.6B | 1.7B |
2017 | 1.4B | 1.5B | 1.5B | 1.5B |
2016 | 1.3B | 1.3B | 1.4B | 1.4B |
2015 | 1.1B | 1.1B | 1.2B | 1.2B |
2014 | 913.0M | 961.4M | 1.0B | 1.1B |
2013 | 715.2M | 764.9M | 805.9M | 858.7M |
2012 | 414.1M | 497.9M | 580.7M | 655.7M |
2011 | 128.0M | 197.6M | 267.1M | 336.7M |
2010 | 0 | 0 | 0 | 58.4M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 03, 2024 | milton robert a | acquired | - | - | 2,528 | - |
May 03, 2024 | krongard cheryl gordon | acquired | - | - | 2,528 | - |
May 03, 2024 | larsen marshall o | acquired | - | - | 2,528 | - |
May 03, 2024 | saines ian m | acquired | - | - | 2,528 | - |
May 03, 2024 | mccaw susan | acquired | - | - | 2,528 | - |
May 03, 2024 | clark yvette hollingsworth | acquired | - | - | 2,528 | - |
May 03, 2024 | hart matthew j | acquired | - | - | 2,528 | - |
Mar 15, 2024 | levy grant a | sold | -351,165 | 46.822 | -7,500 | evp |
Mar 15, 2024 | khatibi alex a | sold | -530,447 | 47.3656 | -11,199 | evp |
Mar 05, 2024 | khatibi alex a | sold | -482,740 | 43.1095 | -11,198 | evp |
Which funds bought or sold AL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | added | 31.99 | 2,719,980 | 7,114,880 | 0.03% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.1 | 769,533 | 5,463,750 | 0.01% |
May 16, 2024 | INNEALTA CAPITAL, LLC | new | - | 208,075 | 208,075 | 0.09% |
May 16, 2024 | Semmax Financial Advisors Inc. | new | - | 1,174 | 1,174 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 440 | 13,847,600 | 16,306,300 | -% |
May 16, 2024 | Tidal Investments LLC | reduced | -5.76 | 49,085 | 363,887 | 0.01% |
May 15, 2024 | Transamerica Financial Advisors, Inc. | unchanged | - | - | 1,000 | -% |
May 15, 2024 | Dana Investment Advisors, Inc. | new | - | 4,339,220 | 4,339,220 | 0.14% |
May 15, 2024 | SHELTON CAPITAL MANAGEMENT | new | - | 234,103 | 234,103 | 0.01% |
May 15, 2024 | CAPTRUST FINANCIAL ADVISORS | reduced | -29.9 | -77,400 | 474,698 | -% |
Unveiling Air Lease Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Air Lease Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 103.3B | 18.9B | 27.92 | 5.46 | ||||
CTAS | 70.2B | 9.4B | 46.72 | 7.46 | ||||
CPRT | 52.4B | 4.1B | 38.65 | 12.91 | ||||
EFX | 30.8B | 5.4B | 55.13 | 5.75 | ||||
BAH | 19.8B | 10.3B | 48.27 | 1.91 | ||||
ALLE | 10.9B | 3.6B | 20.13 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.4B | 6.2B | 21.08 | 1.21 | ||||
AL | 5.5B | 2.7B | 9.4 | 2.02 | ||||
SRCL | 4.3B | 2.6B | -221.54 | 1.64 | ||||
ABM | 3.0B | 8.2B | 11.58 | 0.36 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.93 | 0.71 | ||||
ALTG | 285.4M | 1.9B | 32.07 | 0.15 | ||||
ARC | 118.7M | 283.1M | 13.57 | 0.42 | ||||
AQMS | 48.7M | 212.0K | -1.94 | 213.63 | ||||
AWX | 9.4M | 81.0M | -8.5 | 0.12 |
Air Lease Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -7.4% | 663 | 717 | 659 | 673 | 636 | 602 | 561 | 558 | 597 | 597 | 525 | 492 | 475 | 489 | 494 | 521 | 511 | 549 | 531 | 471 | 466 |
Operating Expenses | 17.3% | 528 | 450 | 494 | 509 | 478 | 421 | 423 | 413 | 1,198 | 409 | 390 | 377 | 371 | 351 | 340 | 337 | 340 | 342 | 337 | 311 | 291 |
S&GA Expenses | -4.1% | 48.00 | 50.00 | 43.00 | 46.00 | 48.00 | 46.00 | 40.00 | 39.00 | 33.00 | 41.00 | 31.00 | 27.00 | 27.00 | 21.00 | 20.00 | 27.00 | 28.00 | 31.00 | 35.00 | 28.00 | 30.00 |
EBITDA Margin | -0.7% | 0.94* | 0.94* | 0.93* | 0.93* | 0.93* | 0.59* | 0.58* | 0.58* | 0.57* | 0.93* | 0.94* | 0.94* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 6.4% | 195 | 183 | 175 | 186 | 165 | 148 | 136 | 132 | 130 | 130 | 127 | 126 | 130 | 125 | 118 | 113 | 118 | 117 | 114 | 106 | 98.00 |
Income Taxes | -39.4% | 27.00 | 45.00 | 33.00 | 32.00 | 30.00 | 35.00 | 27.00 | 29.00 | -132 | 37.00 | 27.00 | 21.00 | 19.00 | 27.00 | 33.00 | 36.00 | 35.00 | 41.00 | 38.00 | 32.00 | 37.00 |
Earnings Before Taxes | -49.2% | 135 | 266 | 165 | 164 | 158 | 180 | 138 | 145 | -601 | 188 | 135 | 115 | 104 | 138 | 153 | 184 | 172 | 206 | 194 | 161 | 175 |
EBT Margin | -4.0% | 0.27* | 0.28* | 0.26* | 0.26* | 0.26* | -0.06* | -0.06* | -0.06* | -0.07* | 0.26* | 0.25* | 0.26* | - | - | - | - | - | - | - | - | - |
Net Income | -55.9% | 97.00 | 221 | 132 | 132 | 129 | 145 | 110 | 116 | -468 | 152 | 107 | 93.00 | 84.00 | 107 | 120 | 148 | 137 | 161 | 152 | 124 | 138 |
Net Income Margin | -6.0% | 0.22* | 0.23* | 0.21* | 0.21* | 0.21* | -0.04* | -0.04* | -0.04* | -0.05* | 0.21* | 0.20* | 0.21* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -32.3% | 247 | 365 | 322 | 461 | 295 | 370 | 213 | 380 | 202 | 396 | 251 | 308 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.5% | 30,912 | 30,452 | 29,672 | 29,758 | 29,363 | 28,397 | 28,224 | 27,646 | 26,875 | 26,969 | 27,015 | 25,756 | 25,189 | 25,215 | 23,605 | 22,994 | 22,682 | 21,709 | 21,610 | 20,484 | 19,179 |
Cash Equivalents | 20.6% | 556 | 461 | 512 | 577 | 690 | 766 | 1,117 | 1,034 | 1,512 | 1,108 | 1,894 | 1,233 | 1,352 | 1,758 | 1,262 | 942 | 753 | 338 | 336 | 288 | 298 |
Liabilities | 1.7% | 23,681 | 23,292 | 22,711 | 22,905 | 22,619 | 21,750 | 21,696 | 21,207 | 20,505 | 19,960 | 20,431 | 19,254 | 18,761 | 19,143 | 17,627 | 17,124 | 16,946 | 16,086 | 16,148 | 15,184 | 14,005 |
Long Term Debt | 1.5% | 19,480 | 19,183 | 18,646 | 18,896 | 19,448 | 18,641 | 18,769 | 18,336 | 17,825 | 17,022 | 17,617 | 16,540 | 16,167 | 16,518 | 15,180 | 14,639 | 14,415 | 13,579 | 13,752 | 12,859 | 11,870 |
Shareholder's Equity | 1.0% | 7,232 | 7,160 | 6,961 | 6,853 | 6,745 | 6,646 | 6,528 | 6,440 | 6,370 | 7,009 | 6,584 | 6,502 | 6,428 | 6,072 | 5,977 | 5,870 | 5,736 | 5,624 | 2,759 | 0.00 | 2,717 |
Retained Earnings | 1.9% | 3,944 | 3,870 | 3,683 | 3,583 | 3,483 | 3,387 | 3,274 | 3,195 | 3,109 | 3,610 | 3,489 | 3,407 | 3,340 | 3,278 | 3,189 | 3,089 | 2,962 | 2,846 | 2,702 | 2,565 | 2,455 |
Additional Paid-In Capital | 0.0% | 3,286 | 3,287 | 3,276 | 3,267 | 3,259 | 3,256 | 3,250 | 3,244 | 3,259 | 3,399 | 3,096 | 3,095 | 3,088 | 2,793 | 2,788 | 2,782 | 2,776 | 2,778 | 2,759 | 2,734 | 2,717 |
Shares Outstanding | 0.2% | 111 | 111 | 111 | 111 | 111 | 112 | 112 | 112 | 114 | 114 | 114 | 114 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 4,300 | - | - | - | 3,500 | - | - | - | 4,500 | - | - | - | 3,100 | - | - | - | 4,300 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -20.1% | 371 | 465 | 401 | 532 | 348 | 424 | 270 | 434 | 255 | 447 | 327 | 368 | 234 | 373 | 249 | 234 | 234 | 421 | 315 | 395 | 261 |
Share Based Compensation | -26.7% | 8.00 | 11.00 | 9.00 | 9.00 | 6.00 | 6.00 | 6.00 | 7.00 | -2.52 | 8.00 | 7.00 | 7.00 | 5.00 | 3.00 | 7.00 | 4.00 | 4.00 | 6.00 | 5.00 | 6.00 | 4.00 |
Cashflow From Investing | 43.2% | -630 | -1,109 | -253 | -142 | -1,273 | -688 | -695 | -1,399 | -620 | -944 | -749 | -851 | -549 | -1,176 | -447 | -230 | -672 | -283 | -1,223 | -1,442 | -894 |
Cashflow From Financing | -41.0% | 350 | 594 | -212 | -511 | 846 | -71.93 | 509 | 488 | 770 | -288 | 1,083 | 364 | -90.18 | 1,300 | 519 | 185 | 854 | -135 | 956 | 1,037 | 608 |
Dividend Payments | 5.0% | 23.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 21.00 | 21.00 | 21.00 | 18.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 15.00 | 15.00 | 14.00 | 14.00 |
Buy Backs | - | - | - | - | - | - | - | 0.00 | 20.00 | 130 | - | 6.00 | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Rental of flight equipment | $ 614,329 | $ 617,773 |
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] | Aircraft Sales, Trading And Other [Member] | Aircraft Sales, Trading And Other [Member] |
Aircraft sales, trading and other | $ 48,981 | $ 18,369 |
Total revenues | 663,310 | 636,142 |
Expenses | ||
Interest | 181,595 | 151,613 |
Amortization of debt discounts and issuance costs | 13,108 | 13,073 |
Interest expense | 194,703 | 164,686 |
Depreciation of flight equipment | 277,260 | 259,680 |
Selling, general and administrative | 47,743 | 47,614 |
Stock-based compensation expense | 8,275 | 5,896 |
Total expenses | 527,981 | 477,876 |
Income before taxes | 135,329 | 158,266 |
Income tax expense | (27,463) | (29,546) |
Net income | 107,866 | 128,720 |
Preferred stock dividends | (10,425) | (10,425) |
Net income/(loss) attributable to common stockholders, basic | 97,441 | 118,295 |
Net income/(loss) attributable to common stockholders, diluted | 97,441 | 118,295 |
Other comprehensive income/(loss): | ||
Foreign currency translation adjustment | 18,444 | (830) |
Change in fair value of hedged transactions | (19,860) | 148 |
Total tax benefit on other comprehensive income/loss | 303 | 146 |
Other comprehensive income/(loss), net of tax | (1,113) | (536) |
Total comprehensive income attributable for common stockholders | $ 96,328 | $ 117,759 |
Earnings per share of common stock: | ||
Basic (in dollars per share) | $ 0.88 | $ 1.07 |
Diluted (in dollars per share) | $ 0.87 | $ 1.06 |
Weighted-average shares of common stock outstanding | ||
Basic (in shares) | 111,174,593 | 110,943,552 |
Diluted (in shares) | 111,529,770 | 111,199,996 |
Dividends declared per share of common stock (in dollars per share) | $ 0.21 | $ 0.20 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 554,373 | $ 460,870 |
Restricted cash | 1,552 | 3,622 |
Flight equipment subject to operating leases | 32,273,883 | 31,787,241 |
Less accumulated depreciation | (5,729,380) | (5,556,033) |
Flight equipment subject to operating leases, net | 26,544,503 | 26,231,208 |
Deposits on flight equipment purchases | 1,088,363 | 1,203,068 |
Other assets | 2,723,644 | 2,553,484 |
Total assets | 30,912,435 | 30,452,252 |
Liabilities and Shareholders’ Equity | ||
Accrued interest and other payables | 1,160,132 | 1,164,140 |
Debt financing, net of discounts and issuance costs | 19,479,961 | 19,182,657 |
Security deposits and maintenance reserves on flight equipment leases | 1,594,069 | 1,519,719 |
Rentals received in advance | 138,181 | 143,861 |
Deferred tax liability | 1,308,221 | 1,281,837 |
Total liabilities | 23,680,564 | 23,292,214 |
Shareholders’ Equity | ||
Preferred Stock, $0.01 par value; 50,000,000 shares authorized; 10,600,000 (aggregate liquidation preference of $850,000) shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 106 | 106 |
Paid-in capital | 3,286,122 | 3,287,234 |
Retained earnings | 3,943,867 | 3,869,813 |
Accumulated other comprehensive income | 662 | 1,775 |
Total shareholders’ equity | 7,231,871 | 7,160,038 |
Total liabilities and shareholders’ equity | 30,912,435 | 30,452,252 |
Class A Common Stock | ||
Shareholders’ Equity | ||
Common stock | 1,114 | 1,110 |
Class B Non‑Voting Common Stock | ||
Shareholders’ Equity | ||
Common stock | $ 0 | $ 0 |