Air Lease
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Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The last earnings update was 7 days ago. More info.
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AL Share Price and Events
7 Day Returns
1 Year Returns
AL Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Air Lease (AL) | 0.6% | 1.9% | 0.2% | -13.8% | 32.7% | -0.8% |
| US Trade Distributors | -5.2% | -5.4% | -3.3% | -8.8% | 30.2% | 8.5% |
| US Market | -3.9% | -3.6% | 1.8% | 1.4% | 35.8% | 40.8% |
1 Year Return vs Industry and Market
- AL underperformed the Trade Distributors industry which returned -8.8% over the past year.
- AL underperformed the Market in United States of America which returned 1.4% over the past year.
AL Value
Is Air Lease undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Air Lease. This is due to cash flow or dividend data being unavailable. The share price is $38.36.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Air Lease's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Air Lease's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $5.05 |
| NYSE:AL Share Price ** | NYSE (2019-05-15) in USD | $38.36 |
| United States of America Trade Distributors Industry PE Ratio | Median Figure of 41 Publicly-Listed Trade Distributors Companies | 15.52x |
| United States of America Market PE Ratio | Median Figure of 3,087 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Air Lease.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:AL Share Price ÷ EPS (both in USD) = 38.36 ÷ 5.05 |
7.59x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Air Lease is good value based on earnings compared to the US Trade Distributors industry average.
- Air Lease is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Air Lease's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.59x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
20%per year |
| United States of America Trade Distributors Industry PEG Ratio | Median Figure of 33 Publicly-Listed Trade Distributors Companies | 1.19x |
| United States of America Market PEG Ratio | Median Figure of 2,113 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 7.59x ÷ 20% |
0.38x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Air Lease is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Air Lease's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $46.56 |
| NYSE:AL Share Price * | NYSE (2019-05-15) in USD | $38.36 |
| United States of America Trade Distributors Industry PB Ratio | Median Figure of 53 Publicly-Listed Trade Distributors Companies | 1.67x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:AL Share Price ÷ Book Value per Share (both in USD) = 38.36 ÷ 46.56 |
0.82x |
* Primary Listing of Air Lease.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Air Lease is good value based on assets compared to the US Trade Distributors industry average.
Value checks
We assess Air Lease's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check) Air Lease has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
AL Future Performance
How is Air Lease expected to perform in the next 1 to 3 years based on estimates from 10 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Air Lease's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Air Lease's earnings growth is expected to exceed the United States of America market average.
- Air Lease's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:AL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 20% |
| NYSE:AL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 20.8% |
| United States of America Trade Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 15.5% |
| United States of America Trade Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 3,103 | 928 | 3 | |
| 2020-12-31 | 2,560 | 1,925 | 751 | 10 |
| 2019-12-31 | 2,080 | 1,477 | 623 | 9 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 1,765 | 1,269 | 538 |
| 2018-12-31 | 1,680 | 1,254 | 511 |
| 2018-09-30 | 1,628 | 1,178 | 844 |
| 2018-06-30 | 1,554 | 1,150 | 796 |
| 2018-03-31 | 1,537 | 1,087 | 782 |
| 2017-12-31 | 1,516 | 1,060 | 756 |
| 2017-09-30 | 1,488 | 1,010 | 382 |
| 2017-06-30 | 1,467 | 1,013 | 376 |
| 2017-03-31 | 1,436 | 1,012 | 367 |
| 2016-12-31 | 1,419 | 1,020 | 375 |
| 2016-09-30 | 1,375 | 1,015 | 359 |
| 2016-06-30 | 1,333 | 943 | 343 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
All data from Air Lease Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 8.20 | 8.32 | 7.99 | 3.00 |
| 2020-12-31 | 6.67 | 7.06 | 6.25 | 12.00 |
| 2019-12-31 | 5.54 | 5.75 | 5.18 | 12.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 5.05 |
| 2018-12-31 | 4.88 |
| 2018-09-30 | 8.13 |
| 2018-06-30 | 7.69 |
| 2018-03-31 | 7.56 |
| 2017-12-31 | 7.33 |
| 2017-09-30 | 3.71 |
| 2017-06-30 | 3.65 |
| 2017-03-31 | 3.57 |
| 2016-12-31 | 3.65 |
| 2016-09-30 | 3.49 |
| 2016-06-30 | 3.34 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Air Lease's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Air Lease has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
AL Past Performance
How has Air Lease performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Air Lease has delivered over 20% year on year earnings growth in the past 5 years.
- Air Lease's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Air Lease's 1-year earnings growth is negative, it can't be compared to the US Trade Distributors industry average.
Earnings and Revenue History
All data from Air Lease Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 1,764.54 | 538.28 | 121.93 | |
| 2018-12-31 | 1,679.70 | 510.84 | 114.85 | |
| 2018-09-30 | 1,628.19 | 843.54 | 115.37 | |
| 2018-06-30 | 1,554.26 | 796.15 | 108.77 | |
| 2018-03-31 | 1,537.40 | 781.87 | 111.57 | |
| 2017-12-31 | 1,516.38 | 756.15 | 111.13 | |
| 2017-09-30 | 1,488.40 | 382.04 | 107.78 | |
| 2017-06-30 | 1,466.73 | 376.13 | 107.63 | |
| 2017-03-31 | 1,435.91 | 367.00 | 103.64 | |
| 2016-12-31 | 1,419.06 | 374.93 | 99.93 | |
| 2016-09-30 | 1,375.27 | 358.84 | 97.73 | |
| 2016-06-30 | 1,333.29 | 342.60 | 97.23 | |
| 2016-03-31 | 1,287.85 | 326.92 | 94.38 | |
| 2015-12-31 | 1,222.84 | 253.39 | 93.98 | |
| 2015-09-30 | 1,182.09 | 242.62 | 96.02 | |
| 2015-06-30 | 1,130.90 | 228.01 | 95.59 | |
| 2015-03-31 | 1,082.52 | 213.93 | 98.13 | |
| 2014-12-31 | 1,050.49 | 256.00 | 98.47 | |
| 2014-09-30 | 1,007.45 | 244.71 | 97.57 | |
| 2014-06-30 | 961.42 | 230.86 | 95.28 | |
| 2014-03-31 | 912.96 | 211.81 | 94.39 | |
| 2013-12-31 | 858.68 | 190.41 | 92.83 | |
| 2013-09-30 | 811.88 | 171.37 | 89.07 | |
| 2013-06-30 | 768.83 | 159.81 | 87.78 | |
| 2013-03-31 | 716.01 | 144.99 | 87.34 | |
| 2012-12-31 | 655.75 | 131.92 | 88.14 | |
| 2012-09-30 | 573.27 | 116.87 | 85.56 | |
| 2012-06-30 | 490.89 | 98.13 | 85.43 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Air Lease has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Air Lease used its assets less efficiently than the US Trade Distributors industry average last year based on Return on Assets.
- Air Lease's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Air Lease's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Air Lease has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
AL Health
How is Air Lease's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Air Lease's finances.
The net worth of a company is the difference between its assets and liabilities.
- Air Lease's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Air Lease's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Air Lease Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 5,173.82 | 11,869.67 | 285.72 |
| 2018-12-31 | 4,806.90 | 11,538.91 | 300.13 |
| 2018-09-30 | 4,478.92 | 11,094.34 | 228.50 |
| 2018-06-30 | 4,337.84 | 10,962.45 | 259.53 |
| 2018-03-31 | 4,226.62 | 9,887.50 | 252.49 |
| 2017-12-31 | 4,127.44 | 9,698.79 | 292.20 |
| 2017-09-30 | 3,655.58 | 9,237.32 | 226.02 |
| 2017-06-30 | 3,558.20 | 9,303.31 | 239.71 |
| 2017-03-31 | 3,459.23 | 9,102.69 | 155.76 |
| 2016-12-31 | 3,382.19 | 8,713.87 | 274.80 |
| 2016-09-30 | 3,288.29 | 8,554.73 | 226.82 |
| 2016-06-30 | 3,195.53 | 8,390.47 | 172.73 |
| 2016-03-31 | 3,104.40 | 8,017.50 | 162.81 |
| 2015-12-31 | 3,019.91 | 7,712.42 | 156.68 |
| 2015-09-30 | 2,939.45 | 7,498.24 | 119.72 |
| 2015-06-30 | 2,861.86 | 7,220.46 | 162.99 |
| 2015-03-31 | 2,785.18 | 6,954.80 | 210.16 |
| 2014-12-31 | 2,772.06 | 6,630.76 | 282.82 |
| 2014-09-30 | 2,695.09 | 6,646.64 | 210.67 |
| 2014-06-30 | 2,631.76 | 6,284.18 | 244.45 |
| 2014-03-31 | 2,583.51 | 5,943.10 | 256.08 |
| 2013-12-31 | 2,523.43 | 5,853.32 | 270.17 |
| 2013-09-30 | 2,460.81 | 5,466.28 | 221.68 |
| 2013-06-30 | 2,411.03 | 5,226.34 | 234.30 |
| 2013-03-31 | 2,375.12 | 4,861.20 | 217.62 |
| 2012-12-31 | 2,332.62 | 4,384.73 | 230.09 |
| 2012-09-30 | 2,285.67 | 4,296.08 | 439.68 |
| 2012-06-30 | 2,240.85 | 4,046.79 | 388.59 |
- Air Lease's level of debt (229.4%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (230.1% vs 229.4% today).
- Debt is not well covered by operating cash flow (10.7%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Air Lease's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Air Lease has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
AL Dividends
What is Air Lease's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Air Lease
shares you are expected to receive
$27
in your first year as a dividend.
Dividend Amount
- Air Lease's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
- Air Lease's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Upcoming dividend payment
Purchase Air Lease before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| United States of America Trade Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 2.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1997 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.42 | 3.00 |
| 2020-12-31 | 0.52 | 9.00 |
| 2019-12-31 | 0.48 | 9.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-05-09 | 0.520 | 1.356 |
| 2019-02-21 | 0.520 | 1.428 |
| 2018-11-08 | 0.520 | 1.451 |
| 2018-08-09 | 0.400 | 0.919 |
| 2018-02-22 | 0.400 | 0.923 |
| 2017-11-09 | 0.400 | 0.874 |
| 2017-08-03 | 0.300 | 0.721 |
| 2017-05-04 | 0.300 | 0.791 |
| 2017-02-23 | 0.300 | 0.787 |
| 2016-11-03 | 0.300 | 0.840 |
| 2016-05-05 | 0.200 | 0.698 |
| 2016-02-25 | 0.200 | 0.640 |
| 2015-11-05 | 0.200 | 0.681 |
| 2015-08-06 | 0.160 | 0.486 |
| 2015-05-07 | 0.160 | 0.446 |
| 2014-11-06 | 0.160 | 0.434 |
| 2014-08-07 | 0.120 | 0.340 |
| 2014-05-12 | 0.120 | 0.314 |
| 2014-05-08 | 0.120 | 0.316 |
| 2014-02-27 | 0.120 | 0.327 |
| 2013-08-09 | 0.100 | 0.335 |
| 2013-08-08 | 0.100 | 0.369 |
| 2013-02-28 | 0.100 | 0.356 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Air Lease has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Air Lease only paid a dividend in the past 6 years.
Income/ dividend checks
We assess Air Lease's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Air Lease afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Air Lease has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
AL Management
CEO
| COMPENSATION | $7,672,190 |
| AGE | 64 |
| TENURE AS CEO | 2.8 years |
CEO Bio
Mr. John L. Plueger has been Chief Executive Officer and President of Air Lease Corporation since July 2016 and March 2010 respectively and serves its Director since March 2010. Mr. Plueger served as Chief Operating Officer and then Acting Chief Executive Officer at Air Lease Corporation since March 2010 until June 2016. Mr. Plueger has more than 30 years of aviation industry and aircraft leasing experience, 23 of which were with International Lease Finance Corporation (“ILFC”) where he served as acting Chief Executive Officer from February 2010 to March 2010, as President and Chief Operating Officer from 2002 to February 2010 and on its board of directors from 2002 to 2010. Mr. Plueger’s professional experience also includes testifying before the U.S. House of Representatives as an aircraft leasing industry expert witness as well as responding to European Commission formal inquiries concerning aerospace industry related mergers and acquisitions. Mr. Plueger is a Certified Public Accountant and is an FAA Airline Transport Pilot with type ratings on multiple jet aircraft and single/multi engine and instrument instructor ratings. Mr. Plueger is the chairman of the board of directors of the Smithsonian National Air and Space Museum and a member of the Pepperdine University Board of Regents. He has been a Director of Spirit Aerosystems Holdings, Inc. since July 29, 2014. Mr. Plueger is an active jet pilot, holding a U.S. FAA Airline Transport Pilot license, with multiple jet type ratings and instructor ratings. Mr. Plueger's non-profit Board memberships include Pepperdine University and the Smithsonian National Air and Space Museum. Mr. Plueger holds a Bachelor of Arts degree from UCLA and is a Certified Director from the UCLA Anderson Graduate School of Management Corporate Director Certification Program. Mr. Plueger is a Certified Public Accountant, having received his training from Price Waterhouse early in his career.
CEO Compensation
- John's compensation has been consistent with company performance over the past year.
- John's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Air Lease management team in years:
- The average tenure for the Air Lease management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Steve Udvar-Házy
Executive Chairman of the Board
$8M
72
John Plueger
CEO, President & Director
$8M
64
2.8 yrs
Greg Willis
Executive VP & CFO
$2M
39
7.2 yrs
Grant Levy
Executive Vice President of Marketing & Commercial Affairs
$3M
55
Jie Chen
Executive VP & MD of Asia
$4M
54
8.8 yrs
Mary Liz DePalma
Assistant Vice President of Investor Relations
Carol Forsyte
Executive VP
55
6.7 yrs
Marc Baer
Executive Vice President of Marketing
$3M
53
9.1 yrs
Courtney McKeown
Vice President of Human Resources
Alex Khatibi
Executive Vice President
57
9.1 yrs
Board of Directors Tenure
Average tenure and age of the Air Lease board of directors in years:
- The tenure for the Air Lease board of directors is about average.
Board of Directors
John Plueger
CEO, President & Director
$8M
64
9.2 yrs
Matt Hart
Director
$245K
66
9 yrs
Steve Udvar-Házy
Executive Chairman of the Board
$8M
72
9.3 yrs
Robert Milton
Lead Independent Director
$295K
57
Ron Sugar
Director
$230K
69
9.1 yrs
Ian Saines
Director
$215K
55
8.9 yrs
Cheryl Krongard
Director
$210K
62
5.4 yrs
Marshall Larsen
Director
$210K
70
5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14. Dec 18 | Buy | Steven Udvar-Házy | Individual | 14. Dec 18 | 14. Dec 18 | 3,000 | $34.29 | $102,870 | ||
| 13. Dec 18 | Buy | Steven Udvar-Házy | Individual | 11. Dec 18 | 11. Dec 18 | 2,000 | $35.77 | $71,540 | ||
| 14. Sep 18 | Sell | Grant Levy | Individual | 13. Sep 18 | 13. Sep 18 | -15,000 | $45.13 | $-676,973 | ||
| 28. Aug 18 | Sell | John Poerschke | Individual | 27. Aug 18 | 27. Aug 18 | -6,000 | $46.90 | $-281,421 | ||
| 21. Aug 18 | Sell | Marc Baer | Individual | 21. Aug 18 | 21. Aug 18 | -10,000 | $46.22 | $-462,236 | ||
| 07. Jun 18 | Sell | Marc Baer | Individual | 07. Jun 18 | 07. Jun 18 | -5,000 | $45.52 | $-227,577 | ||
| 06. Jun 18 | Sell | John Poerschke | Individual | 04. Jun 18 | 04. Jun 18 | -12,144 | $44.98 | $-546,180 | ||
Management checks
We assess Air Lease's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Air Lease has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
AL News
Simply Wall St News
Did Air Lease's (NYSE:AL) Share Price Deserve to Gain 27%?
That's what has happened with the Air Lease Corporation (NYSE:AL) share price. … Disappointingly, the share price is down 7.9% in the last year. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
Simply Wall St - – Full articleWhat Air Lease Corporation's (NYSE:AL) ROE Can Tell Us
Our data shows Air Lease has a return on equity of 11% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWill Air Lease Corporation's (NYSE:AL) Earnings Grow In The Next 12 Months?
In December 2018, Air Lease Corporation (NYSE:AL) released its earnings update. … analyst consensus outlook appear cautiously optimistic, … as a 23% increase in profits is expected in the upcoming year,
Simply Wall St - – Full articleWho Has Been Selling Air Lease Corporation (NYSE:AL) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So before you buy or sell Air Lease Corporation (NYSE:AL), you may well want to know whether insiders have been buying or selling. … Over the last year we saw more insider selling of Air Lease shares, than buying.
Simply Wall St - – Full articleHere's How P/E Ratios Can Help Us Understand Air Lease Corporation (NYSE:AL)
To keep it practical, we'll show how Air Lease Corporation's (NYSE:AL) P/E ratio could help you assess the value on offer. … Air Lease has a price to earnings ratio of 7.25, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWhat Should You Know About Air Lease Corporation's (NYSE:AL) Earnings Outlook?
Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … In December 2018, Air Lease Corporation (NYSE:AL) released its most recent earnings announcement, which
Simply Wall St - – Full articleHow Should Investors Feel About Air Lease Corporation's (NYSE:AL) CEO Pay?
John Plueger has been the CEO of Air Lease Corporation (NYSE:AL) since 2016. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does John Plueger's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleWhy Air Lease Corporation’s (NYSE:AL) Return On Capital Employed Might Be A Concern
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleIs Air Lease Corporation (NYSE:AL) An Attractive Dividend Stock?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Air Lease Corporation (NYSE:AL) has paid dividends to shareholders, and these days it yields 1.7%. … Let's dig deeper into whether Air Lease should have a place in your portfolio.
Simply Wall St - – Full articleNeed To Know: Air Lease Corporation (NYSE:AL) Insiders Have Been Selling Shares
So shareholders might well want to know whether insiders have been buying or selling shares in Air Lease Corporation (NYSE:AL). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Although we don't gain confidence from insider selling, we note that this large sale was at well above current price of US$33.28.
Simply Wall St - – Full articleAL Company Info
Description
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2018, the company owned a fleet of 275 aircraft, including 207 narrowbody jet aircraft and 68 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.
Details
| Name: | Air Lease Corporation |
| AL | |
| Exchange: | NYSE |
| Founded: | 2010 |
| $4,262,492,962 | |
| 111,118,169 | |
| Website: | http://www.airleasecorp.com |
| Address: |
Air Lease Corporation 2000 Avenue of the Stars, Suite 1000N, Los Angeles, California, 90067, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | AL | Class A Common Stock | New York Stock Exchange | US | USD | 19. Apr 2011 | |
| DB | AVLA | Class A Common Stock | Deutsche Boerse AG | DE | EUR | 19. Apr 2011 | |
| NYSE | AL.PRA | 6.150 NON CUM A | New York Stock Exchange | US | USD | 26. Feb 2019 |
Number of employees
Current staff
Industry
| Trading Companies and Distributors | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/16 02:16 |
| End of day share price update: | 2019/05/15 00:00 |
| Last estimates confirmation: | 2019/05/14 |
| Last earnings filing: | 2019/05/09 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
