Air Lease Corporation

NYSE AL

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Air Lease Corporation Gross Profit 5 year CAGR for the quarter ending March 31, 2024: -1.22%

Air Lease Corporation Gross Profit 5 year CAGR is -1.22% for the quarter ending March 31, 2024, a -124.31% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Air Lease Corporation Gross Profit for the quarter ending March 31, 2023 was USD 224.85 M, a -7.88% change year over year.
  • Air Lease Corporation Gross Profit for the quarter ending March 31, 2022 was USD 244.08 M, a 65.05% change year over year.
  • Air Lease Corporation Gross Profit for the quarter ending March 31, 2021 was USD 147.88 M, a -31.20% change year over year.
  • Air Lease Corporation Gross Profit for the quarter ending March 31, 2020 was USD 214.95 M, a -1.11% change year over year.
NYSE: AL

Air Lease Corporation

CEO Mr. Steven F. Udvar-Hazy
IPO Date April 19, 2011
Location United States
Headquarters 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067
Employees 163
Sector Industrials
Industry Rental & leasing services
Description

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2023, it owned a fleet of 463 aircraft, including 345 narrowbody aircraft and 118 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.

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StockViz Staff

September 19, 2024

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