Air Lease Corporation (AL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 347,324 | 567,619 | -1,067,100 | 415,737 | 550,994 |
| Total assets | US$ in thousands | 32,277,900 | 30,452,300 | 28,396,700 | 26,968,700 | 25,215,200 |
| Operating ROA | 1.08% | 1.86% | -3.76% | 1.54% | 2.19% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $347,324K ÷ $32,277,900K
= 1.08%
The operating return on assets (operating ROA) of Air Lease Corporation has shown some fluctuations over the past few years. In December 2020, the operating ROA was at 2.19%, indicating that the company generated $2.19 in operating income for every $100 of assets.
However, by December 2021, the operating ROA decreased to 1.54%, reflecting a decline in the company's ability to generate operating income relative to its assets. The trend continued in December 2022, with a significant decrease to -3.76%, indicating that the company experienced operating losses relative to its asset base during that period.
The company's performance improved in December 2023, as the operating ROA rebounded to 1.86%, showing a recovery in generating operating income compared to the previous year. By December 2024, the operating ROA further improved to 1.08%, although still below the levels seen in 2020.
Overall, the operating ROA of Air Lease Corporation has been variable, with ups and downs in performance over the years. It is essential for the company to carefully manage its assets and operations to improve and sustain its operating return on assets in the future.
Peer comparison
Dec 31, 2024