NYSE$AL

Air Lease Corporation · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Air Lease Corporation reported Q1 2025, revenue of $738.3M, net income of $375.8M, diluted EPS of $3.26.

For Q1 2025, Air Lease Corporation reported revenue of $738.3M, net income of $375.8M, diluted EPS was $3.26. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $738.3M.
  • Net income $375.8M.
  • Diluted EPS $3.26.

Headline financials

Total Revenue

$738M

Previous: $663M+11.3%
EPS (adj)

$3.26

Previous: $0.87+274.7%
Net book value fleet

$28.6B

Previous: $28.2B+1.4%
Weighted avg fleet age

4.7

Previous: 4.6+2.2%
Weighted avg lease term

7.2

Previous: 7.2+0.0%
Owned fleet

487

Previous: 489-0.4%
Managed fleet

57

Previous: 60-5.0%
Aircraft on order

260

Previous: 269-3.3%
Current fleet rentals

$18.9B

Previous: $18.3B+3.3%
Committed fleet rentals

$10.3B

Previous: $11.2B-8.0%
Total committed rentals

$29.2B

Previous: $29.5B-1.0%
Pre-tax margin

63.9%

Previous: 20.4%+213.2%
Adjusted pre-tax margin

23.0%

Previous: 22.1%+4.1%
Pre-tax ROE

12.2%

Previous: 11.2%+8.9%
Adjusted pre-tax ROE

9.0%

Previous: 11.6%-22.4%
Composite interest rate

4.3%

Previous: 4.1%+2.9%
Fixed-rate interest rate

3.9%

Previous: 3.7%+4.3%
Debt at fixed rate

77.6%

Previous: 79.0%-1.7%
Capital Expenditures

-$72.9M

Previous: -$125M+41.5%
Net Income

$376M

Previous: $108M+248.4%
Operating Income

$472M

Previous: $135M+248.5%

Revenue & EPS history

ALC · Revenue · Quarterly

$738M

Q1 2025+11.3%vs Q1 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

ALC · $561M total across 1 segment · Q4 2022

  • Rental of flight equipment
    $561M

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.3%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+1.2%

Avg return

30 days after

62%

39 / 63 earnings

Positive

+15.5%

Q1 2020

Best reaction

-17.2%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025+0.1%+0.2%-0.1%
Q3 2025-0.3%-0.1%+0.1%
Q2 2025-0.4%+0.7%+15.4%
Q1 2025+8.1%+10.0%+17.0%
Q4 2024+6.7%+10.3%-0.7%
Q3 2024-0.5%+2.2%+5.7%
Q2 2024-17.2%-14.6%-6.8%
Q1 2024-7.0%-4.5%-8.7%
Q4 2023-2.9%-4.1%+11.4%
Q3 2023-1.2%+1.4%+5.7%
Q2 2023-0.9%+0.9%-1.4%
Q1 2023-3.4%-5.9%-5.5%
Q4 2022-4.2%-6.2%-18.5%
Q3 2022+1.3%+2.9%+12.7%
Q2 2022+2.1%+0.8%-3.5%
Q1 2022-6.6%-11.7%-8.8%
Q4 2021+2.5%+2.1%-4.0%
Q3 2021+10.1%+11.6%-8.1%
Q2 2021+1.0%+1.0%-3.6%
Q1 2021-9.1%-7.6%-3.9%
Q4 2020+4.0%+2.0%+3.8%
Q3 2020+10.6%+15.4%+34.5%
Q2 2020+5.1%+10.7%+13.3%
Q1 2020+15.5%+1.7%+49.3%
Q4 2019-4.0%-3.4%-47.5%
Q3 2019-1.1%-1.6%+1.3%
Q2 2019+3.6%+0.7%+8.2%
Q1 2019+1.5%+0.5%+0.5%
Q4 2018-0.2%-0.5%-14.7%
Q3 2018-0.2%-3.7%-10.2%
Q2 2018+1.7%+1.8%-0.4%
Q1 2018-0.6%+0.6%+1.8%
Q4 2017+1.5%-3.1%-8.5%
Q3 2017+1.3%-3.2%+2.8%
Q2 2017+8.3%+8.1%+3.0%
Q1 2017-4.5%-7.5%-0.8%
Q4 2016-4.7%-2.6%-5.6%
Q3 2016+4.7%+4.8%+16.3%
Q2 2016+1.5%-0.4%+4.8%
Q1 2016+6.3%
Q4 2015+2.5%
Q3 2015+5.1%
Q2 2015+3.4%
Q1 2015+0.1%
Q4 2014-1.3%
Q3 2014+1.1%
Q2 2014+4.9%
Q1 2014+3.6%
Q4 2013+5.2%
Q3 2013+3.4%
Q2 2013-1.5%
Q1 2013+2.0%
Q4 2012+5.9%
Q3 2012+2.8%
Q2 2012-0.6%
Q1 2012-6.2%
Q1 2011-6.2%
Q4 2011+1.8%
Q3 2011+2.6%
Q3 2010+2.6%
Q2 2010+7.1%
Q2 2011+7.1%
Q4 2010+7.1%
Q1 2010

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