Air Lease (FRA:AVLA) Piotroski F-Score: 7 (As of Jun. 24, 2026) — 40% Above Median


FRA:AVLA Air Lease Corp FRA:AVLA
64 GF Score
Price €55.50
GF Value €45.29
! 11 Warning Signs
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What is Air Lease Piotroski F-Score?

Air Lease FRA:AVLA 64 Piotroski F-Score is 7 as of Jun. 24, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates FRA:AVLA with a GF Score™ of 64/100 and a GF Value™ of €45.29. The stock has 11 warning signs investors should review. Among 1,063 Business Services companies, Air Lease ranks better than 88.52% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Air Lease has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Air Lease's Piotroski F-Score or its related term are showing as below:

FRA:AVLA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Air Lease was 8. The lowest was 3. And the median was 5.

Air Lease  (FRA:AVLA) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Air Lease Piotroski F-Score Related Terms


Air Lease Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Air Lease's Piotroski F-Score 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.

Air Lease Piotroski F-Score Chart

Air Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 5.00 7.00

Air Lease Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-Score 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 Premium Member Only Premium Member Only 5.00 5.00 6.00 5.00 7.00

FRA:AVLA vs R, UHAL, GATX: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Air Lease's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Air Lease's Piotroski F-Score falls into.


FRA:AVLA
64GF Score
Air Lease Corp FRA:AVLA
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 347.645 + 333.94 + 124.781 + 154.516 = €961 Mil.
Cash Flow from Operations was 359.22 + 410.621 + 390.724 + 353.621 = €1,514 Mil.
Revenue was 682.911 + 634.38 + 618.035 + 700.604 = €2,636 Mil.
Gross Profit was 213.387 + 189.284 + 169.349 + 261.906 = €834 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(30825.391 + 29934.847 + 28867.12 + 28445.231 + 28082.674) / 5 = €29231.0526 Mil.
Total Assets at the begining of this year (Dec24) was €30,825 Mil.
Long-Term Debt & Capital Lease Obligation was €15,687 Mil.
Total Current Assets was €653 Mil.
Total Current Liabilities was €2,021 Mil.
Net Income was 99.237 + 95.637 + 93.678 + 107.84 = €396 Mil.

Revenue was 610.245 + 619.911 + 621.838 + 680.815 = €2,533 Mil.
Gross Profit was 188.099 + 181.436 + 177.443 + 201.699 = €749 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(27924.715 + 28439.44 + 28816.072 + 28970.6 + 30825.391) / 5 = €28995.2436 Mil.
Total Assets at the begining of last year (Dec23) was €27,925 Mil.
Long-Term Debt & Capital Lease Obligation was €19,301 Mil.
Total Current Assets was €784 Mil.
Total Current Liabilities was €1,181 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Air Lease's current Net Income (TTM) was 961. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Air Lease's current Cash Flow from Operations (TTM) was 1,514. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=960.882/30825.391
=0.03117177

ROA (Last Year)=Net Income/Total Assets (Dec23)
=396.392/27924.715
=0.01419502

Air Lease's return on assets of this year was 0.03117177. Air Lease's return on assets of last year was 0.01419502. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Air Lease's current Net Income (TTM) was 961. Air Lease's current Cash Flow from Operations (TTM) was 1,514. ==> 1,514 > 961 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=15686.895/29231.0526
=0.53665173

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=19300.536/28995.2436
=0.6656449

Air Lease's gearing of this year was 0.53665173. Air Lease's gearing of last year was 0.6656449. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=653.451/2020.781
=0.32336557

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=784.336/1180.673
=0.66431264

Air Lease's current ratio of this year was 0.32336557. Air Lease's current ratio of last year was 0.66431264. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Air Lease's number of shares in issue this year was 112.498. Air Lease's number of shares in issue last year was 112.072. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=833.926/2635.93
=0.3163688

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=748.677/2532.809
=0.29559157

Air Lease's gross margin of this year was 0.3163688. Air Lease's gross margin of last year was 0.29559157. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2635.93/30825.391
=0.08551165

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2532.809/27924.715
=0.09070134

Air Lease's asset turnover of this year was 0.08551165. Air Lease's asset turnover of last year was 0.09070134. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Air Lease has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Air Lease (FRA:AVLA) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Air Lease and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Air Lease's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Air Lease ranks #122 out of 1063 companies in the Business Services industry, placing it in the top 11.5%.
Is Air Lease's Piotroski F-Score too high?
Air Lease's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Air Lease's value of 7 is 40% above this industry median. Based on the distribution chart, Air Lease ranks #122 out of 1063 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Air Lease has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Air Lease's Piotroski F-Score compare to R and UHAL?
According to the Business Services industry distribution chart, Air Lease ranks #122 out of 1063 companies for Piotroski F-Score. This places Air Lease in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Air Lease's value of 7 is 40% above this benchmark. Historically, Air Lease's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Air Lease has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Lease's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Air Lease and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Lease's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Lease stock overvalued right now?
Air Lease (FRA:AVLA) has a current Piotroski F-Score of 7. The stock's GF Value™ is €45.29, compared to a current price of €55.50 — trading 22.5% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Business Services industry median of 5.00. Air Lease's overall GF Score™ is 64/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Air Lease (FRA:AVLA), the current Piotroski F-Score is 7 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air Lease (FRA:AVLA) Overvalued in 2026?

Based on GuruFocus' analysis, Air Lease stock appears to be overvalued. The current stock price of €55.50 is trading 22.5% above its estimated GF Value™ of €45.29.

Key valuation signals for FRA:AVLA:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €45.29 vs. price of €55.50 (22.5% above fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 40% above the Business Services median (#122 of 1063)

No single metric tells the full story. See the FRA:AVLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Lease Business Description

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. It is engaged in the modern, fuel-efficient new technology commercial jet aircraft directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world to generate attractive returns on equity. The company also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors, and offers fleet management services to investors and owners of aircraft portfolios for a management fee. Geographically, it derives a maximum of its revenue from the Europe and the rest from Asia Pacific, Middle East and Africa, Central America, South America, Mexico, the United States, and Canada.
64GF Score

Get the complete analysis for FRA:AVLA

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.50
Price
€45.29
GF Value