Air Lease Corporation (AL)
Total 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 |
| Total assets | US$ in thousands | 32,277,900 | 32,153,800 | 31,018,400 | 30,912,400 | 30,452,300 | 29,672,200 | 29,757,800 | 29,363,100 | 28,396,700 | 28,224,000 | 27,646,500 | 26,874,800 | 26,968,700 | 27,014,600 | 25,755,500 | 25,189,400 | 25,215,200 | 23,604,800 | 22,993,700 | 22,682,300 |
| Total asset turnover | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,733,657K ÷ $32,277,900K
= 0.08
Air Lease Corporation's total asset turnover has remained relatively stable over the past few years, hovering around 0.08 to 0.09. This ratio indicates how efficiently the company is generating sales revenue from its total assets. A total asset turnover of 0.08 to 0.09 suggests that, on average, the company is generating approximately 8 to 9 cents in sales for every dollar of assets it owns. A consistent total asset turnover ratio typically reflects effective asset utilization and operational efficiency. However, Air Lease Corporation may want to monitor this ratio closely to ensure optimal utilization of its assets in driving revenue growth and profitability.
Peer comparison
Dec 31, 2024