Air Lease Corporation
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines in the Asia Pacific, Europe, the Middle East, Africa, Mexico, Central America, South America, the United States, and Canada. The company also sells aircraft to third parties, including other leasing companies, financial services companies, airlines, and other investors. I… Read more
Air Lease Corporation (AL) - Net Assets
Latest net assets as of December 2025: $8.47 Billion USD
Based on the latest financial reports, Air Lease Corporation (AL) has net assets worth $8.47 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.88 Billion) and total liabilities ($24.41 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.47 Billion |
| % of Total Assets | 25.77% |
| Annual Growth Rate | 13.76% |
| 5-Year Change | 20.89% |
| 10-Year Change | 150.51% |
| Growth Volatility | 17.84 |
Air Lease Corporation - Net Assets Trend (2010–2025)
This chart illustrates how Air Lease Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Air Lease Corporation (2010–2025)
The table below shows the annual net assets of Air Lease Corporation from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.47 Billion | +12.48% |
| 2024-12-31 | $7.53 Billion | +5.20% |
| 2023-12-31 | $7.16 Billion | +7.73% |
| 2022-12-31 | $6.65 Billion | -5.17% |
| 2021-12-31 | $7.01 Billion | +15.42% |
| 2020-12-31 | $6.07 Billion | +7.98% |
| 2019-12-31 | $5.62 Billion | +16.99% |
| 2018-12-31 | $4.81 Billion | +16.46% |
| 2017-12-31 | $4.13 Billion | +22.03% |
| 2016-12-31 | $3.38 Billion | +12.00% |
| 2015-12-31 | $3.02 Billion | +8.94% |
| 2014-12-31 | $2.77 Billion | +9.85% |
| 2013-12-31 | $2.52 Billion | +8.18% |
| 2012-12-31 | $2.33 Billion | +7.18% |
| 2011-12-31 | $2.18 Billion | +77.67% |
| 2010-12-31 | $1.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Air Lease 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 514496900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.09 Billion | 60.11% |
| Common Stock | $1.12 Million | 0.01% |
| Other Comprehensive Income | $-4.72 Million | -0.06% |
| Other Components | $3.38 Billion | 39.93% |
| Total Equity | $8.47 Billion | 100.00% |
Air Lease Corporation Competitors by Market Cap
The table below lists competitors of Air Lease Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shannon Semiconductor Technology Co Ltd
SHE:300475
|
$6.79 Billion |
|
Rakuten Group Inc
PINK:RKUNF
|
$6.80 Billion |
|
American Airlines Group
NASDAQ:AAL
|
$6.80 Billion |
|
Hangzhou Chang Chuan Technology Co Ltd
SHE:300604
|
$6.80 Billion |
|
PSP Swiss Property AG
PINK:PSPSF
|
$6.77 Billion |
|
Commercial Metals Company
NYSE:CMC
|
$6.77 Billion |
|
Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673
|
$6.77 Billion |
|
Sasol Ltd
NYSE:SSL
|
$6.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Air Lease Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,532,626,000 to 8,472,756,000, a change of 940,130,000 (12.5%).
- Net income of 1,088,387,000 contributed positively to equity growth.
- Dividend payments of 142,592,000 reduced retained earnings.
- Other comprehensive income decreased equity by 24,289,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Billion | +12.85% |
| Dividends Paid | $142.59 Million | -1.68% |
| Other Comprehensive Income | $-24.29 Million | -0.29% |
| Other Changes | $18.62 Million | +0.22% |
| Total Change | $- | 12.48% |
Book Value vs Market Value Analysis
This analysis compares Air Lease 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: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.11x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $30.62 | $64.61 | x |
| 2011-12-31 | $24.07 | $64.61 | x |
| 2012-12-31 | $21.67 | $64.61 | x |
| 2013-12-31 | $23.16 | $64.61 | x |
| 2014-12-31 | $25.16 | $64.61 | x |
| 2015-12-31 | $27.30 | $64.61 | x |
| 2016-12-31 | $30.53 | $64.61 | x |
| 2017-12-31 | $36.97 | $64.61 | x |
| 2018-12-31 | $42.78 | $64.61 | x |
| 2019-12-31 | $49.73 | $64.61 | x |
| 2020-12-31 | $53.26 | $64.61 | x |
| 2021-12-31 | $61.24 | $64.61 | x |
| 2022-12-31 | $59.54 | $64.61 | x |
| 2023-12-31 | $64.25 | $64.61 | x |
| 2024-12-31 | $67.33 | $64.61 | x |
| 2025-12-31 | $75.43 | $64.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Air Lease 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): 12.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.09%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 3.88x
- Recent ROE (12.85%) is above the historical average (8.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.45% | 16.00% | 0.06x | 2.37x | $-164.40 Million |
| 2012 | 5.66% | 20.43% | 0.09x | 3.15x | $-101.34 Million |
| 2013 | 7.55% | 22.17% | 0.09x | 3.70x | $-61.93 Million |
| 2014 | 9.23% | 24.37% | 0.10x | 3.89x | $-21.21 Million |
| 2015 | 8.39% | 20.72% | 0.10x | 4.09x | $-48.60 Million |
| 2016 | 11.09% | 26.42% | 0.10x | 4.13x | $36.71 Million |
| 2017 | 18.32% | 49.87% | 0.10x | 3.78x | $343.41 Million |
| 2018 | 10.63% | 30.41% | 0.09x | 3.84x | $30.14 Million |
| 2019 | 10.44% | 29.11% | 0.09x | 3.86x | $24.77 Million |
| 2020 | 8.50% | 25.62% | 0.08x | 4.15x | $-90.97 Million |
| 2021 | 6.23% | 20.91% | 0.08x | 3.85x | $-264.22 Million |
| 2022 | -1.46% | -4.19% | 0.08x | 4.27x | $-761.66 Million |
| 2023 | 8.58% | 22.89% | 0.09x | 4.25x | $-101.38 Million |
| 2024 | 5.68% | 15.65% | 0.08x | 4.29x | $-325.56 Million |
| 2025 | 12.85% | 36.09% | 0.09x | 3.88x | $241.11 Million |
Industry Comparison
This section compares Air Lease 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: $768,221,076
- Average return on equity (ROE) among peers: -25.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Air Lease Corporation (AL) | $8.47 Billion | 2.45% | 2.88x | $6.79 Billion |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.14 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $99.36 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |