Air Lease Corporation

NYSE AL

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Air Lease Corporation Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: -0.27

Air Lease Corporation Working Capital To Sales Ratio is -0.27 for the Trailing 12 Months (TTM) ending March 31, 2024, a -238.15% change year over year. The working capital to sales ratio measures the proportion of working capital to revenue. It is calculated by dividing the difference between current assets and current liabilities by revenue. This ratio provides insights into the efficiency of working capital utilization relative to revenue generation. A higher ratio suggests better utilization of working capital to generate sales revenue.
  • Air Lease Corporation Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.20, a -85.46% change year over year.
  • Air Lease Corporation Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.36, a -8.70% change year over year.
  • Air Lease Corporation Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 1.49, a 537.70% change year over year.
  • Air Lease Corporation Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was -0.34, a 13.44% 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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