Willis Lease Finance Corporation (WLFC) - Net Assets
Based on the latest financial reports, Willis Lease Finance Corporation (WLFC) has net assets worth $774.38 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.65 Billion) and total liabilities ($2.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WLFC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $774.38 Million |
| % of Total Assets | 21.2% |
| Annual Growth Rate | 18.13% |
| 5-Year Change | 93.02% |
| 10-Year Change | 269.68% |
| Growth Volatility | 69.24 |
Willis Lease Finance Corporation - Net Assets Trend (1995–2025)
This chart illustrates how Willis Lease Finance Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Willis Lease Finance Corporation.
Annual Net Assets for Willis Lease Finance Corporation (1995–2025)
The table below shows the annual net assets of Willis Lease Finance Corporation from 1995 to 2025. Also explore Willis Lease Finance Corporation net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $725.54 Million | +32.07% |
| 2024-12-31 | $549.34 Million | +25.14% |
| 2023-12-31 | $438.96 Million | +8.47% |
| 2022-12-31 | $404.69 Million | +7.66% |
| 2021-12-31 | $375.88 Million | -9.15% |
| 2020-12-31 | $413.74 Million | +18.10% |
| 2019-12-31 | $350.34 Million | +22.16% |
| 2018-12-31 | $286.79 Million | +10.77% |
| 2017-12-31 | $258.91 Million | +31.92% |
| 2016-12-31 | $196.26 Million | -6.69% |
| 2015-12-31 | $210.33 Million | -3.01% |
| 2014-12-31 | $216.86 Million | +2.00% |
| 2013-12-31 | $212.60 Million | +6.54% |
| 2012-12-31 | $199.55 Million | -15.68% |
| 2011-12-31 | $236.66 Million | +4.27% |
| 2010-12-31 | $226.97 Million | +2.80% |
| 2009-12-31 | $220.79 Million | +14.87% |
| 2008-12-31 | $192.21 Million | +10.05% |
| 2007-12-31 | $174.65 Million | +18.75% |
| 2006-12-31 | $147.08 Million | +21.08% |
| 2005-12-31 | $121.47 Million | +4.30% |
| 2004-12-31 | $116.47 Million | +5.82% |
| 2003-12-31 | $110.06 Million | +4.29% |
| 2002-12-31 | $105.53 Million | +3.89% |
| 2001-12-31 | $101.58 Million | +6.16% |
| 2000-12-31 | $95.69 Million | +37.68% |
| 1999-12-31 | $69.50 Million | +5.62% |
| 1998-12-31 | $65.80 Million | +20.51% |
| 1997-12-31 | $54.60 Million | +135.34% |
| 1996-12-31 | $23.20 Million | +373.47% |
| 1995-12-31 | $4.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Willis Lease Finance Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11046.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $590.78 Million | 81.43% |
| Common Stock | $76.00K | 0.01% |
| Other Comprehensive Income | $-1.39 Million | -0.19% |
| Other Components | $136.06 Million | 18.75% |
| Total Equity | $725.54 Million | 100.00% |
Willis Lease Finance Corporation Competitors by Market Cap
The table below lists competitors of Willis Lease Finance Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trinity Capital Inc
NASDAQ:TRIN
|
$1.17 Billion |
|
Beijing Capital Development Co Ltd
SHG:600376
|
$1.17 Billion |
|
Feng Hsin Steel Co Ltd
TW:2015
|
$1.17 Billion |
|
Data 3 Ltd
AU:DTL
|
$1.17 Billion |
|
Gentherm Inc
NASDAQ:THRM
|
$1.17 Billion |
|
Shanghai Jinqiao Export Processing Zone Development Co Ltd A
SHG:600639
|
$1.17 Billion |
|
Daou Tech
KO:023590
|
$1.17 Billion |
|
Zimplats Holdings Ltd
AU:ZIM
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Willis Lease Finance Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 549,338,000 to 725,538,000, a change of 176,200,000 (32.1%).
- Net income of 113,758,000 contributed positively to equity growth.
- Dividend payments of 14,430,000 reduced retained earnings.
- Share repurchases of 3,788,000 reduced equity.
- Other comprehensive income decreased equity by 8,286,000.
- Other factors increased equity by 88,946,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $113.76 Million | +15.68% |
| Dividends Paid | $14.43 Million | -1.99% |
| Share Repurchases | $3.79 Million | -0.52% |
| Other Comprehensive Income | $-8.29 Million | -1.14% |
| Other Changes | $88.95 Million | +12.26% |
| Total Change | $- | 32.07% |
Book Value vs Market Value Analysis
This analysis compares Willis Lease Finance Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 321.20x to 4.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $0.17 | $55.14 | x |
| 1996-12-31 | $0.81 | $55.14 | x |
| 1997-12-31 | $1.07 | $55.14 | x |
| 1998-12-31 | $0.98 | $55.14 | x |
| 1999-12-31 | $1.04 | $55.14 | x |
| 2000-12-31 | $1.40 | $55.14 | x |
| 2001-12-31 | $11.42 | $55.14 | x |
| 2002-12-31 | $12.62 | $55.14 | x |
| 2003-12-31 | $12.40 | $55.14 | x |
| 2004-12-31 | $10.87 | $55.14 | x |
| 2005-12-31 | $1.42 | $55.14 | x |
| 2006-12-31 | $1.70 | $55.14 | x |
| 2007-12-31 | $2.22 | $55.14 | x |
| 2008-12-31 | $21.94 | $55.14 | x |
| 2009-12-31 | $2.73 | $55.14 | x |
| 2010-12-31 | $2.73 | $55.14 | x |
| 2011-12-31 | $2.96 | $55.14 | x |
| 2012-12-31 | $2.52 | $55.14 | x |
| 2013-12-31 | $25.65 | $55.14 | x |
| 2014-12-31 | $2.96 | $55.14 | x |
| 2015-12-31 | $2.93 | $55.14 | x |
| 2016-12-31 | $3.25 | $55.14 | x |
| 2017-12-31 | $41.63 | $55.14 | x |
| 2018-12-31 | $47.43 | $55.14 | x |
| 2019-12-31 | $57.83 | $55.14 | x |
| 2020-12-31 | $7.50 | $55.14 | x |
| 2021-12-31 | $59.23 | $55.14 | x |
| 2022-12-31 | $64.27 | $55.14 | x |
| 2023-12-31 | $7.53 | $55.14 | x |
| 2024-12-31 | $8.97 | $55.14 | x |
| 2025-12-31 | $11.48 | $55.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Willis Lease Finance Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.83%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 5.56x
- Recent ROE (15.68%) is above the historical average (10.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 66.67% | 14.10% | 0.25x | 19.04x | $2.72 Million |
| 1996 | 12.07% | 8.67% | 0.26x | 5.38x | $480.00K |
| 1997 | 13.37% | 14.46% | 0.25x | 3.63x | $1.84 Million |
| 1998 | 14.13% | 12.47% | 0.21x | 5.47x | $2.72 Million |
| 1999 | 4.75% | 3.96% | 0.20x | 5.93x | $-3.65 Million |
| 2000 | 8.17% | 15.94% | 0.11x | 4.76x | $-1.75 Million |
| 2001 | 6.84% | 10.50% | 0.12x | 5.24x | $-3.21 Million |
| 2002 | 3.41% | 6.44% | 0.10x | 5.15x | $-6.96 Million |
| 2003 | 3.80% | 6.98% | 0.11x | 5.09x | $-6.83 Million |
| 2004 | 3.31% | 6.23% | 0.11x | 5.03x | $-7.79 Million |
| 2005 | 3.44% | 5.92% | 0.11x | 5.40x | $-7.97 Million |
| 2006 | 4.93% | 8.54% | 0.12x | 5.02x | $-7.45 Million |
| 2007 | 10.11% | 14.49% | 0.14x | 4.97x | $198.80K |
| 2008 | 13.84% | 17.47% | 0.15x | 5.12x | $7.38 Million |
| 2009 | 10.13% | 14.87% | 0.14x | 4.97x | $287.70K |
| 2010 | 5.31% | 8.13% | 0.13x | 4.96x | $-10.65 Million |
| 2011 | 6.13% | 9.26% | 0.14x | 4.79x | $-9.16 Million |
| 2012 | 0.77% | 1.04% | 0.14x | 5.41x | $-18.42 Million |
| 2013 | 7.35% | 9.86% | 0.13x | 5.64x | $-5.63 Million |
| 2014 | 3.34% | 4.16% | 0.14x | 5.82x | $-14.44 Million |
| 2015 | 3.50% | 3.69% | 0.15x | 6.22x | $-13.68 Million |
| 2016 | 7.17% | 6.79% | 0.15x | 6.82x | $-5.56 Million |
| 2017 | 24.01% | 22.62% | 0.17x | 6.19x | $36.27 Million |
| 2018 | 15.07% | 12.41% | 0.18x | 6.75x | $14.55 Million |
| 2019 | 19.10% | 16.36% | 0.21x | 5.54x | $31.89 Million |
| 2020 | 2.36% | 3.38% | 0.12x | 5.92x | $-31.63 Million |
| 2021 | 0.89% | 1.22% | 0.11x | 6.55x | $-34.24 Million |
| 2022 | 1.34% | 1.74% | 0.12x | 6.36x | $-35.03 Million |
| 2023 | 9.97% | 10.46% | 0.16x | 6.04x | $-115.30K |
| 2024 | 19.77% | 19.08% | 0.17x | 6.00x | $53.68 Million |
| 2025 | 15.68% | 16.83% | 0.17x | 5.56x | $41.20 Million |
Industry Comparison
This section compares Willis Lease Finance Corporation's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,155,046,956
- Average return on equity (ROE) among peers: 4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Willis Lease Finance Corporation (WLFC) | $774.38 Million | 66.67% | 3.72x | $1.17 Billion |
| AerCap Holdings NV (AER) | $2.12 Billion | 7.71% | 3.07x | $22.35 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Air Lease Corporation (AL) | $1.22 Billion | 0.00% | 0.86x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.80 Million | 0.00% | 0.00x | $189.36 Million |
| TOUAX (ALTOU) | $184.69 Million | -7.00% | 2.92x | $26.51 Million |
| Avis Budget Group Inc (CAR) | $4.83 Billion | 12.46% | 2.00x | $4.13 Billion |
| Custom Truck One Source Inc (CTOS) | $917.20 Million | 5.53% | 2.67x | $2.06 Billion |
| FlexShopper Inc (FPAY) | $16.14 Million | 20.27% | 4.25x | $2.46K |
| FTAI Aviation Ltd. (FTAI) | $1.10 Billion | -8.05% | 2.08x | $19.47 Billion |
| GATX Corporation (GATX) | $1.15 Billion | 17.72% | 3.11x | $6.31 Billion |
About Willis Lease Finance Corporation
Willis Lease Finance Corporation, together with its subsidiaries, operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. It operates in two segments, Leasing and Related Operations, and Spare Parts Sales. The company engages in acquiring and leasing commercial aircraft, aircraft engines, and related aircraft equipment, as well as the purchase and resale of commer… Read more