Air Lease Corporation (AL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 93.07% | 70.09% | 69.03% | 67.82% | 33.29% | 58.76% | 58.47% | 57.77% | 94.00% | 95.72% | 96.21% | 96.27% | 96.27% | 96.38% | 95.76% | 95.60% | 95.43% | 95.19% | 136.52% | 178.38% |
| Operating profit margin | 21.14% | 11.25% | 10.72% | 10.75% | -55.84% | -46.89% | -47.41% | -49.67% | 19.91% | 38.23% | 40.35% | 43.26% | 45.79% | 47.34% | 47.74% | 47.70% | 48.87% | 46.24% | 89.01% | 132.32% |
| Pretax margin | 28.07% | 25.97% | 25.90% | 26.36% | -5.99% | -5.65% | -5.88% | -7.43% | 25.91% | 24.77% | 26.12% | 29.24% | 32.09% | 34.47% | 35.78% | 35.52% | 36.48% | 36.56% | 37.37% | 38.18% |
| 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% |
Air Lease Corporation's profitability ratios exhibit fluctuations over the analyzed periods. The gross profit margin has generally been high, indicating efficient cost management and pricing strategies. However, the operating profit margin shows more variability and was negative in some quarters, suggesting challenges in controlling operating expenses. The pretax and net profit margins have also varied, with some periods showing profitability while others experienced losses.
Overall, Air Lease Corporation's profitability indicators reflect a mix of strengths and weaknesses, highlighting the importance of closely monitoring and managing operational efficiency and cost controls to sustain and improve profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.86% | 0.97% | 0.89% | 0.86% | -4.56% | -3.84% | -3.90% | -4.08% | 1.54% | 2.80% | 3.05% | 3.40% | 3.66% | 4.16% | 4.39% | 4.34% | 4.54% | 4.10% | 7.99% | 12.17% |
| Return on assets (ROA) | 2.02% | 1.82% | 1.74% | 1.71% | -0.34% | -0.32% | -0.34% | -0.43% | 1.62% | 1.47% | 1.59% | 1.84% | 2.05% | 2.42% | 2.63% | 2.58% | 2.70% | 2.59% | 2.69% | 2.81% |
| Return on total capital | 20.43% | 19.27% | 18.59% | 17.82% | 6.13% | 6.09% | 5.99% | 5.48% | 15.04% | 15.18% | 15.52% | 16.57% | 18.47% | 19.77% | 20.74% | 20.69% | 20.80% | 20.36% | 20.27% | 20.05% |
| Return on equity (ROE) | 8.58% | 7.74% | 7.54% | 7.42% | -1.46% | -1.39% | -1.45% | -1.83% | 6.23% | 6.01% | 6.29% | 7.21% | 8.50% | 9.54% | 10.32% | 10.22% | 10.44% | 10.26% | 10.40% | 10.40% |
Air Lease Corporation's profitability ratios have shown variability over the past few quarters.
The Operating Return on Assets (Operating ROA) has improved significantly from negative values in the previous year to positive values in the recent quarters. This indicates that the company's operating income generated from its assets has increased, reflecting better operational efficiency.
Return on Assets (ROA) has also shown a similar improvement trend, moving from negative values to positive values. This metric reveals that the company's overall profitability in relation to its total assets has strengthened.
Return on Total Capital has seen a consistent upward trend, indicating that the company is generating higher returns in proportion to its total capital employed. This suggests efficient capital utilization and improved financial performance.
Return on Equity (ROE) has also demonstrated positive growth, indicating that the company is producing better returns for its shareholders. This metric reflects the profitability of the company from the perspective of its equity investors.
Overall, the profitability ratios of Air Lease Corporation have shown positive improvements, suggesting better operational efficiency, enhanced profitability, and increased value creation for both asset and equity holders.