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AerSale (AerSale) ROE % : -2.44% (As of Dec. 2023)


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What is AerSale ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AerSale's annualized net income for the quarter that ended in Dec. 2023 was $-10.9 Mil. AerSale's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $448.1 Mil. Therefore, AerSale's annualized ROE % for the quarter that ended in Dec. 2023 was -2.44%.

The historical rank and industry rank for AerSale's ROE % or its related term are showing as below:

ASLE' s ROE % Range Over the Past 10 Years
Min: -1.25   Med: 5.27   Max: 10.27
Current: -1.24

During the past 6 years, AerSale's highest ROE % was 10.27%. The lowest was -1.25%. And the median was 5.27%.

ASLE's ROE % is ranked worse than
85.99% of 949 companies
in the Transportation industry
Industry Median: 8.46 vs ASLE: -1.24

AerSale ROE % Historical Data

The historical data trend for AerSale's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AerSale ROE % Chart

AerSale Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 5.27 2.51 9.50 10.27 -1.25

AerSale Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.16 - -2.40 -0.13 -2.44

Competitive Comparison of AerSale's ROE %

For the Airports & Air Services subindustry, AerSale's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AerSale's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AerSale's ROE % distribution charts can be found below:

* The bar in red indicates where AerSale's ROE % falls into.



AerSale ROE % Calculation

AerSale's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-5.563/( (444.98+445.015)/ 2 )
=-5.563/444.9975
=-1.25 %

AerSale's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-10.928/( (451.262+445.015)/ 2 )
=-10.928/448.1385
=-2.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


AerSale  (NAS:ASLE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-10.928/448.1385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.928 / 377.688)*(377.688 / 553.92)*(553.92 / 448.1385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.89 %*0.6818*1.236
=ROA %*Equity Multiplier
=-1.97 %*1.236
=-2.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-10.928/448.1385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-10.928 / -2.56) * (-2.56 / -4.204) * (-4.204 / 377.688) * (377.688 / 553.92) * (553.92 / 448.1385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 4.2688 * 0.6089 * -1.11 % * 0.6818 * 1.236
=-2.44 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


AerSale ROE % Related Terms

Thank you for viewing the detailed overview of AerSale's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


AerSale (AerSale) Business Description

Traded in Other Exchanges
N/A
Address
255 Alhambra Circle, Suite 435, Coral Gables, FL, USA, 33134
AerSale Corp is an integrated, diversified global leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.
Executives
Michael Kirton director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Frederick Craig Wright officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Benjamin Thomas Tschirhart officer: See Remarks 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
Nicholas Finazzo director, officer: See Remarks C/O AERSALE CORPORATION, 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
James Fry officer: See Remarks YRC WORLDWIDE, INC., 10990 ROE AVENUE, OVERLAND PARK KS 66211
Basil Barimo officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Martin Garmendia officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Andrew C Levy director 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Judith Ann Fedder director 1843 CHEROKEE ROSE CIRCLE, MT PLEASANT SC 29466
Charles P Mcdonald officer: See Remarks HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Gei Capital Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Associates Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Claude Robert Kehler director C/O MONOCLE ACQUISITION CORPORATION, 750 LEXINGTON AVENUE, SUITE 1501, NEW YORK NY 10022