Air Lease Corporation (AL)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,733,657 | 2,737,330 | 2,706,530 | 2,712,146 | 2,684,978 | 2,570,020 | 2,471,990 | 2,356,782 | 2,317,301 | 2,312,867 | 2,276,042 | 2,210,223 | 2,088,389 | 1,980,315 | 1,949,407 | 1,978,879 | 2,015,439 | 2,074,893 | 2,112,194 | 2,062,240 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 25,595,300 | 26,621,000 | 26,969,800 | 25,883,400 | 25,421,900 | 25,086,400 | 23,911,200 | 24,407,900 | 23,708,300 | 21,531,300 | 1,767,490 | 1,800,120 | 1,634,150 | 1,790,940 | 1,576,510 |
| Fixed asset turnover | — | — | — | — | — | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 1.12 | 1.12 | 1.27 | 1.18 | 1.31 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,733,657K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company utilizes its fixed assets to generate revenue. In the case of Air Lease Corporation, the fixed asset turnover has fluctuated over the periods provided.
For the data available, the fixed asset turnover ranged from a high of 1.31 on March 31, 2020, to a low of 0.08 on September 30, 2021. The ratio generally decreased in the subsequent periods, with multiple quarters showing a fixed asset turnover of 0.09. The lack of data beyond December 31, 2023, indicates potential discontinuation or unavailability.
A decline in fixed asset turnover may suggest that Air Lease Corporation is becoming less efficient in generating revenue relative to its investment in fixed assets. It would be important for the company to assess the reasons behind this trend and take steps to improve the utilization of its fixed assets to drive higher revenue generation in the future.
Peer comparison
Dec 31, 2024