Willis Lease Finance Corp (WLFC) Files 10-K for the Fiscal Year Ended on December 31, 2017

Willis Lease Finance Corp (WLFC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Willis Lease Finance Corp is a provider of aviation services. It is focused on providing operating leases of commercial aircraft engines and other aircraft-related equipment to air carriers, manufacturers and overhaul/repair facilities. Willis Lease Finance Corp has a market cap of $185.320 million; its shares were traded at around $28.87 with a P/E ratio of 2.96 and P/S ratio of 0.67. Willis Lease Finance Corp had annual average EBITDA growth of 6.10% over the past ten years.

For the last quarter Willis Lease Finance Corp reported a revenue of $63.2 million, compared with the revenue of $55.48 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $274.8 million, an increase of 32.6% from last year. For the last five years Willis Lease Finance Corp had an average revenue growth rate of 12.2% a year.

The reported diluted earnings per share was $9.69 for the year, an increase of 372.7% from previous year. The Willis Lease Finance Corp had a decent operating margin of 10.5%, compared with the operating margin of 10.68% a year before. The 10-year historical median operating margin of Willis Lease Finance Corp is 8.33%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Willis Lease Finance Corp has the cash and cash equivalents of $7.05 million, compared with $10.1 million in the previous year. The long term debt was $1.1 billion, compared with $900.3 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Willis Lease Finance Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $28.87, Willis Lease Finance Corp is traded at 19.1% discount to its historical median P/S valuation band of $35.69. The P/S ratio of the stock is 0.67, while the historical median P/S ratio is 0.83. The stock gained 16.75% during the past 12 months.

For the complete 20-year historical financial data of WLFC, click here.