Air Lease Corporation

Air Lease Corporationverified

AL

Price:

$49.47

Market Cap:

$5.51B

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.[Read more]

Industry

Rental & Leasing Services

IPO Date

2011-04-19

Stock Exchange

NYSE

Ticker

AL

The PE Ratio as of July 2024 (TTM) for Air Lease Corporation (AL) is 9.99

According to Air Lease Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 9.99. This represents a change of 12.61% compared to the average of 8.87 of the last 4 quarters.

Air Lease Corporation (AL) Historical PE Ratio (quarterly & annually)

How has AL PE Ratio performed in the past?

The mean historical PE Ratio of Air Lease Corporation over the last ten years is 4.35. The current 9.99 PE Ratio has changed 22.84% with respect to the historical average. Over the past ten years (40 quarters), AL's PE Ratio was at its highest in in the March 2015 quarter at 50.00. The PE Ratio was at its lowest in in the March 2022 quarter at -2.71.

Quarterly (TTM)
Annual

Average

4.35

Median

9.23

Minimum

-44.20

Maximum

13.69

Air Lease Corporation (AL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Air Lease Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 37.95%

Maximum Annual PE Ratio = 13.69

Minimum Annual Increase = -482.60%

Minimum Annual PE Ratio = -44.20

Quarterly (TTM)
Annual
YearPE RatioChange
20237.57-117.14%
2022-44.20-482.60%
202111.5518.11%
20209.788.01%
20199.0637.95%
20186.570.04%
20176.56-30.28%
20169.41-30.56%
201513.55-0.99%
201413.69-17.39%

Air Lease Corporation (AL) Average PE Ratio

How has AL PE Ratio performed in the past?

The current PE Ratio of Air Lease Corporation (AL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-8.36

5-year avg

-1.25

10-year avg

4.35

Air Lease Corporation (AL) PE Ratio vs. Peers

How is AL’s PE Ratio compared to its peers?

Air Lease Corporation’s PE Ratio is greater than The Aaron's Company, Inc. (-12.60), greater than Alta Equipment Group Inc. (-89.81), less than McGrath RentCorp (23.53), less than Herc Holdings Inc. (12.92), less than Triton International Limited (12.30), less than H&E Equipment Services, Inc. (11.38), less than GATX Corporation (21.19), less than PROG Holdings, Inc. (17.26), less than Custom Truck One Source, Inc. (55.04), less than Textainer Group Holdings Limited (10.02), less than Ryder System, Inc. (11.62), less than Triton International Limited (12.30),

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