Air Lease Corporation (AL)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 427,704 | 535,834 | 564,313 | 593,768 | 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 |
| 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 |
| Net profit margin | 15.65% | 19.58% | 20.85% | 21.89% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $427,704K ÷ $2,733,657K
= 15.65%
The net profit margin of Air Lease Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. It started at a high of 28.42% in March 2020, gradually increased to 28.67% by June 2020, and then showed a slight decline to 27.48% in September 2020. Subsequently, the net profit margin continued to decrease to 25.62% by December 2020.
The trend of declining net profit margin persisted into 2021, reaching 23.41% in March and further dropping to 20.98% by June. The decline continued throughout 2021, hitting a low of 19.99% in September before slightly recovering to 20.91% by December.
However, a significant downturn was observed in the net profit margin for the first three quarters of 2022, with negative percentages recorded (-5.27%, -4.11%, -3.92%). This negative trend reversed in the last quarter of 2022, with the net profit margin improving to -4.19%.
The positive momentum continued into 2023, seeing an increase in the net profit margin to 21.24% in March, maintaining stability around the 20% range for the subsequent quarters of June, September, and December 2023.
In 2024, the net profit margin remained above 20% in the first quarter but started to decline thereafter, dropping to 15.65% by December 31. The trend indicates a fluctuating performance in net profit margin for Air Lease Corporation over the analyzed period.
Peer comparison
Dec 31, 2024