Air Lease Corporation (AL)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 614,622 | 538,881 | 516,812 | 500,688 | -97,025 | -90,554 | -93,598 | -116,453 | 436,632 | 395,944 | 409,002 | 463,205 | 516,264 | 570,106 | 605,498 | 586,178 | 587,121 | 560,585 | 551,372 | 538,278 |
| Revenue (ttm) | US$ in thousands | 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 | 2,016,904 | 1,918,329 | 1,838,125 | 1,764,544 |
| Net profit margin | 22.89% | 20.97% | 20.91% | 21.24% | -4.19% | -3.92% | -4.11% | -5.27% | 20.91% | 19.99% | 20.98% | 23.41% | 25.62% | 27.48% | 28.67% | 28.42% | 29.11% | 29.22% | 30.00% | 30.51% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $614,622K ÷ $2,684,978K
= 22.89%
The net profit margin of Air Lease Corporation has shown fluctuations over the reported periods. It reached its highest point in the first quarter of 2021 at 30.51% and its lowest point in the first quarter of 2022 at -5.27%. Recently, as of December 31, 2023, the net profit margin stands at 22.89%.
Overall, the company has demonstrated the ability to generate profits relative to its revenue, with periods of strong performance indicated by higher margins. However, there have also been instances of lower or negative net profit margins, suggesting potential challenges or variability in the company's profitability. It would be recommended to further analyze the underlying factors contributing to these fluctuations to assess the overall financial health and sustainability of Air Lease Corporation.
Peer comparison
Dec 31, 2023