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Air Lease (Air Lease) Enterprise Value

: $24,092 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air Lease's Enterprise Value is $24,092 Mil. Air Lease's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $808 Mil. Therefore, Air Lease's EV-to-EBIT ratio for today is 29.83.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air Lease's Enterprise Value is $24,092 Mil. Air Lease's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,876 Mil. Therefore, Air Lease's EV-to-EBITDA ratio for today is 12.84.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air Lease's Enterprise Value is $24,092 Mil. Air Lease's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,685 Mil. Therefore, Air Lease's EV-to-Revenue ratio for today is 8.97.


Air Lease Enterprise Value Historical Data

The historical data trend for Air Lease's Enterprise Value 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,647.87 19,841.63 20,977.73 22,135.22 23,378.37

Air Lease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,135.22 23,127.96 22,965.65 22,509.44 23,378.37

Competitive Comparison

For the Rental & Leasing Services subindustry, Air Lease's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution

For the Business Services industry and Industrials sector, Air Lease's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Air Lease's Enterprise Value falls into.



Air Lease Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Air Lease's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Air Lease's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


Air Lease  (NYSE:AL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Air Lease's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24091.986/807.687
=29.83

Air Lease's current Enterprise Value is $24,092 Mil.
Air Lease's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $808 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Air Lease's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=24091.986/1876.459
=12.84

Air Lease's current Enterprise Value is $24,092 Mil.
Air Lease's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,876 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Air Lease's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=24091.986/2684.978
=8.97

Air Lease's current Enterprise Value is $24,092 Mil.
Air Lease's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,685 Mil.

* 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.


Air Lease Enterprise Value Related Terms

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Air Lease (Air Lease) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067
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