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Air Lease Corp Class A AL

Morningstar Rating
$39.68 +0.89 (2.29%)
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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.

Price vs Fair Value

AL is trading at a 33% discount.
Price
$39.98
Fair Value
$28.29
Uncertainty
Very High
1-Star Price
$91.73
5-Star Price
$85.15
Economic Moat
Bkt
Capital Allocation
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News

Trading Information

Previous Close Price
$38.79
Day Range
$38.5839.68
52-Week Range
$33.3345.73
Bid/Ask
$39.29 / $40.19
Market Cap
$4.41 Bil
Volume/Avg
851,363 / 729,917

Key Statistics

Price/Earnings (Normalized)
7.60
Price/Sales
1.72
Dividend Yield
2.02%
Dividend Yield (Forward)
2.12%
Total Yield
2.02%

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's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.
Sector
Industrials
Industry
Rental & Leasing Services
Stock Style Box
Small Value
Total Number of Employees
151

Valuation

Metric
AL
Price/Earnings (Normalized)
7.60
Price/Book Value
0.63
Price/Sales
1.72
Price/Cash Flow
2.66
Price/Earnings
AL

Financial Strength

Metric
AL
Quick Ratio
0.33
Current Ratio
0.33
Interest Coverage
13.38
Quick Ratio
AL

Profitability

Metric
AL
Return on Assets (Normalized)
1.36%
Return on Equity (Normalized)
5.88%
Return on Invested Capital (Normalized)
1.72%
Return on Assets
AL

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