Air Lease Corporation (AL)
Return on assets (ROA)
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 |
Total assets | US$ in thousands | 32,277,900 | 32,153,800 | 31,018,400 | 30,912,400 | 30,452,300 | 29,672,200 | 29,757,800 | 29,363,100 | 28,396,700 | 28,224,000 | 27,646,500 | 26,874,800 | 26,968,700 | 27,014,600 | 25,755,500 | 25,189,400 | 25,215,200 | 23,604,800 | 22,993,700 | 22,682,300 |
ROA | 1.33% | 1.67% | 1.82% | 1.92% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $427,704K ÷ $32,277,900K
= 1.33%
Air Lease Corporation's return on assets (ROA) has exhibited fluctuations over the observed period, starting at 2.58% on March 31, 2020, showing a gradual decline to 1.47% on September 30, 2021. However, there was a recovery in the following quarters, with ROA increasing to 2.02% by December 31, 2023. The ratio saw a slight decrease to 1.33% on December 31, 2024. Overall, Air Lease Corporation's ROA has shown variability, indicating changes in the efficiency of the company in generating profits from its assets over time.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Air Lease Corporation
AL
1.33%
United Rentals Inc
URI
9.14%
Upbound Group Inc.
UPBD
4.66%