Air Lease Corporation (AL)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 7,532,630 | 7,675,700 | 7,307,250 | 7,231,870 | 7,160,040 | 6,961,050 | 6,852,650 | 6,744,590 | 6,646,360 | 6,528,430 | 6,439,630 | 6,369,580 | 7,008,570 | 6,583,780 | 6,501,720 | 6,428,210 | 6,072,340 | 5,977,320 | 5,869,800 | 5,736,370 |
| ROE | 5.68% | 6.98% | 7.72% | 8.21% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $427,704K ÷ $7,532,630K
= 5.68%
The return on equity (ROE) of Air Lease Corporation has exhibited fluctuations over the periods analyzed. The ROE stood at around 10% in the first half of 2020, indicating reasonable profitability in relation to shareholders' equity during that time. However, there was a gradual decline in ROE throughout 2020 and into the first half of 2021, reaching its lowest point at -1.83% in March 2022 and June 2022.
From March 2023 onwards, the ROE began to recover, showing an upward trend and surpassing the levels seen in the previous periods. The ROE reached 8.58% by December 2023, indicating improved profitability relative to shareholder investment. However, there was a slight decrease in ROE by the end of 2024, falling to 5.68%.
It is important to note that negative ROE figures in certain periods indicate that the company's net income was insufficient to cover shareholders' equity, which can raise concerns about the company's financial health and operational efficiency during those specific quarters. Overall, the trend in ROE for Air Lease Corporation showcases periods of both profitability and challenges in generating returns on shareholders' equity.
Peer comparison
Dec 31, 2024