Air Lease Corporation (AL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 427,704 | 614,622 | -97,024 | 436,632 | 516,264 |
| Total assets | US$ in thousands | 32,277,900 | 30,452,300 | 28,396,700 | 26,968,700 | 25,215,200 |
| ROA | 1.33% | 2.02% | -0.34% | 1.62% | 2.05% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $427,704K ÷ $32,277,900K
= 1.33%
Based on the provided data, Air Lease Corporation's return on assets (ROA) has exhibited fluctuations over the past five years.
In December 2020, the ROA was 2.05%, indicating that the company generated $0.0205 in net income for every dollar of assets it possessed. This suggests efficient utilization of assets to generate profits.
However, by December 2022, the ROA had declined to -0.34%, implying that the company incurred a net loss concerning its assets. This negative ROA could raise concerns about the company's operational efficiency and profitability during that period.
By December 2024, the ROA had improved to 1.33%, showcasing a partial recovery in the company's ability to generate returns from its assets, although it remained below the 2020 level.
Overall, the trend in ROA for Air Lease Corporation indicates variability in its asset management efficiency and profitability over the analyzed period, highlighting the importance for investors and stakeholders to closely monitor the company's performance in utilizing its assets effectively.
Peer comparison
Dec 31, 2024