Air Lease (FRA:AVLA) ROCE % : 2.05% (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Air Lease ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Air Lease's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.05%.

Air Lease ROCE % Historical Data

The historical data trend for Air Lease's ROCE % 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 ROCE % Chart

Air Lease Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

2.90

2.41

-0.33

2.81

2.00

Air Lease Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															3.87	2.02	1.90	1.87	2.05

Air Lease ROCE % Calculation

Air Lease's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	561.616	/	( ( (27924.715 - 1199.437)	+	(30825.391 - 1346.12) )	/ 2 )
	=	561.616	/	( (26725.278	+	29479.271)	/ 2 )
	=	561.616	/	28102.2745
	=	2.00 %

Air Lease's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	588.304	/	( ( (28970.6 - 1082.404)	+	(30825.391 - 1346.12) )	/ 2 )
	=	588.304	/	( ( 27888.196	+	29479.271 )	/ 2 )
	=	588.304	/	28683.7335
	=	2.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Air Lease (FRA:AVLA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Air Lease ROCE % Related Terms

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

Air Lease Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Air Lease Corp (FRA:AVLA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AL:USA

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. It is engaged in purchasing commercial jet aircrafts 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 majority of its revenue from the Asia-Pacific region and the rest from Europe, Middle East and Africa, Central America, South America, Mexico, the United States, and Canada.

Air Lease Headlines

No Headlines