Air Lease (Air Lease) Debt-to-Equity : 2.68 (As of Dec. 2023)

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What is Air Lease Debt-to-Equity?

Air Lease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Air Lease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19,183 Mil. Air Lease's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,160 Mil. Air Lease's debt to equity for the quarter that ended in Dec. 2023 was 2.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Air Lease's Debt-to-Equity or its related term are showing as below:

AL' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.35 Med: 2.49 Max: 2.81
Current: 2.68

During the past 13 years, the highest Debt-to-Equity Ratio of Air Lease was 2.81. The lowest was 2.35. And the median was 2.49.

AL's Debt-to-Equity is ranked worse than
91.08% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs AL: 2.68

Air Lease Debt-to-Equity Historical Data

The historical data trend for Air Lease's Debt-to-Equity 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.

Air Lease Debt-to-Equity Chart

Air Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.42

2.72

2.43

2.81

2.68

Air Lease Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.81	2.88	2.76	2.68	2.68

Competitive Comparison of Air Lease's Debt-to-Equity

For the Rental & Leasing Services subindustry, Air Lease's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Air Lease's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Air Lease's Debt-to-Equity falls into.

Air Lease Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Air Lease's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	19182.657)	/	7160.038
	=	2.68

Air Lease's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	19182.657)	/	7160.038
	=	2.68

Air Lease (NYSE:AL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Air Lease Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Air Lease's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Air Lease (Air Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Air Lease Corp (NYSE:AL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALpA.PFD:USA AVLA:Germany

Address

2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067

Website

https://www.airleasecorp.com

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.

Executives

Alex A Khatibi	officer: EVP	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Yvette Hollingsworth Clark	director	C/O 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Gregory B Willis	officer: SVP FINANCE AND CFO	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 600N, LOS ANGELES CA 90067
Grant A Levy	officer: EVP, GENL. COUNSEL & SECRETARY	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Steven F Udvar-hazy	director, officer: Chairman and CEO	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Kishore Korde	officer: EVP, Marketing	2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Jie Chen	officer: EVP & MANAGING DIRECTOR, ASIA	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John L Plueger	director, officer: PRESIDENT AND COO	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Marshall O Larsen	director	870 WINTER STREET, WALTHAM MA 02451
Cheryl Gordon Krongard	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Susan Mccaw	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Marc H Baer	other: EVP	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Carol Hyland Forsyte	officer: EVP, GC, Corp Secretary & CCO	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
John D Poerschke	officer: SVP	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Ian M Saines	director	C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067