Air Lease Corp Class A AL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if AL is a good fit for your portfolio.
News
-
Air Lease Corporation Activity Update for the First Quarter of 2024
-
Air Lease Corporation Announces First Quarter 2024 Earnings Conference Call
-
Air Lease Corporation Announces Closing of Offering of €600 Million of Senior Unsecured Medium-Term Notes
-
Air Lease Corporation Announces Pricing of Offering of €600 Million of Senior Unsecured Medium-Term Notes
-
Air Lease Corporation Announces Lease Placement of Two New Airbus A321neo Aircraft with Transavia
-
Air Lease Corporation to Speak at J.P. Morgan Industrials Conference
-
Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
-
Air Lease Corporation Announces Lease Placement of Three New Boeing 787 Aircraft with Thai Airways International
Trading Information
- Previous Close Price
- $51.01
- Day Range
- $50.97–51.65
- 52-Week Range
- $33.33–51.77
- Bid/Ask
- $48.71 / $52.65
- Market Cap
- $5.72 Bil
- Volume/Avg
- 10 / 1.6 Mil
Key Statistics
- Price/Earnings (Normalized)
- 8.36
- Price/Sales
- 2.13
- Dividend Yield (Trailing)
- 1.60%
- Dividend Yield (Forward)
- 1.63%
- Total Yield
- 1.60%
Company Profile
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company earns from revenue originates from the renting of flight equipment. Geographically it operates in Asia Pacific, Europe, The Middle East and Africa, Central America, South America and Mexico and U.S. and Canada.
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Stock Style Box
- Small Value
- Total Number of Employees
- 163
- Website
- https://www.airleasecorp.com
Comparables
Valuation
|
Metric
|
AL
|
AQZ
|
CHR
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.36 | 8.70 | 5.90 |
Price/Book Value | 0.80 | 1.28 | 0.34 |
Price/Sales | 2.13 | 0.84 | 0.25 |
Price/Cash Flow | 3.40 | 16.42 | 1.15 |
Price/Earnings
AL
AQZ
CHR
Financial Strength
|
Metric
|
AL
|
AQZ
|
CHR
|
|---|---|---|---|
Quick Ratio | 0.35 | 0.88 | 0.40 |
Current Ratio | 0.36 | 2.00 | 0.79 |
Interest Coverage | 14.94 | 6.34 | 2.47 |
Quick Ratio
AL
AQZ
CHR
Profitability
|
Metric
|
AL
|
AQZ
|
CHR
|
|---|---|---|---|
Return on Assets (Normalized) | 1.36% | 7.16% | 2.33% |
Return on Equity (Normalized) | 5.86% | 16.11% | 7.87% |
Return on Invested Capital (Normalized) | 1.73% | 10.84% | 4.94% |
Return on Assets
AL
AQZ
CHR
Rental & Leasing Services Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
URI
| United Rentals Inc | Kzkqbcyv | Kdzh | $44.4 Bil | |
ASHTY
| Ashtead Group PLC ADR | — | Zlwtbq | $31.2 Bil | |
ASHTF
| Ashtead Group PLC | — | Zvhfj | $30.8 Bil | |
AER
| AerCap Holdings NV | — | Ntgmqx | $16.9 Bil | |
UHAL.B
| U-Haul Holding Co Ordinary Shares - Series N | — | Cqjxvh | $12.5 Bil | |
UHAL
| U-Haul Holding Co | — | Bdjqkp | $12.2 Bil | |
LZRFY
| Localiza Rent A Car SA ADR | — | Dpck | $10.2 Bil | |
FTAI
| FTAI Aviation Ltd | — | Sjzlrr | $7.3 Bil | |
WSC
| WillScot Mobile Mini Holdings Corp | — | Vtyzt | $7.2 Bil | |
HRI
| Herc Holdings Inc | Vlvdgmym | Qsnc | $4.4 Bil |