Air Lease Corporation (AL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,547,720 | 2,498,960 | 1,388,970 | 1,963,110 | 1,919,760 |
| Revenue | US$ in thousands | 2,733,660 | 2,684,980 | 2,317,300 | 2,088,390 | 2,015,440 |
| Gross profit margin | 93.20% | 93.07% | 59.94% | 94.00% | 95.25% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,547,720K ÷ $2,733,660K
= 93.20%
The gross profit margin of Air Lease Corporation has displayed some fluctuations over the years. In December 31, 2020, the gross profit margin was high at 95.25%, indicating that the company efficiently managed its production costs relative to its sales revenue. However, there was a decrease in the gross profit margin to 94.00% by December 31, 2021.
A significant drop occurred by December 31, 2022, where the gross profit margin decreased sharply to 59.94%. This may suggest challenges in controlling production costs or pricing strategies impacting the profitability of the company. However, Air Lease Corporation managed to recover in the following years, with the gross profit margin increasing to 93.07% by December 31, 2023, and further improving to 93.20% by the end of December 31, 2024.
Overall, the company's ability to maintain high gross profit margins in most years indicates efficiency in managing production costs and achieving profitability, despite the fluctuations observed in the different periods.
Peer comparison
Dec 31, 2024