Air Lease Corporation (AL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 2.21B | 2.09B | 780.74M | 460.61M | 476.1M | 465.35M | 455.66M | 555.92M | 464.49M | 515.73M | 580.43M | 701.54M | 780.02M | 1.12B | 1.03B | 1.51B | 1.11B | 1.89B | 1.23B | 1.35B |
| Cash & Short-Term Investments | 466.41M | 452.21M | 454.8M | 456.62M | 472.55M | 460.79M | 455.66M | 555.92M | 460.87M | 512.08M | 576.73M | 690.41M | 766.42M | 1.1B | 1.03B | 1.51B | 1.09B | 1.89B | 1.23B | 1.33B |
| Cash Only | 466.41M | 452.21M | 454.8M | 456.62M | 472.55M | 460.79M | 455.66M | 555.92M | 460.87M | 512.08M | 576.73M | 690.41M | 766.42M | 1.1B | 1.03B | 1.51B | 1.09B | 1.89B | 1.23B | 1.33B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 824.34M | 857.43M | 321.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 94.3 | 74.78 | 40.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 916.77M | 779.36M | 4.2M | 3.99M | 3.55M | 4.57M | 0 | 0 | 3.62M | 3.65M | 3.71M | 11.13M | 13.6M | 15.12M | 0 | 0 | 21.79M | 0 | 0 | 24.19M |
| Total Non-Current Assets | 30.68B | 31.3B | 32.51B | 31.9B | 31.8B | 31.69B | 30.56B | 30.36B | 29.99B | 29.16B | 29.18B | 28.66B | 27.62B | 27.11B | 26.61B | 25.36B | 25.86B | 25.12B | 24.52B | 23.84B |
| Property, Plant & Equipment | 0 | 0 | 30.34B | 29.38B | 28.93B | 28.95B | 27.92B | 27.63B | 27.43B | 26.77B | 26.62B | 26.97B | 25.88B | 25.42B | 25.09B | 23.91B | 24.41B | 23.71B | 23.19B | 22.54B |
| Fixed Asset Turnover | - | - | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 548.91M | 87.4M | 164.05M | 75.6M | 71.6M | 71.4M | 79M | 78.3M | 69.4M | 65.9M | 65.6M | 65.1M | 64.7M | 64.1M | 73M | 71.2M | 73.2M | 82.2M | 68.9M | 52.7M |
| Other Non-Current Assets | 30.13B | 31.21B | 2.01B | 2.45B | 2.8B | 2.67B | 2.56B | 2.65B | 2.48B | 2.32B | 2.49B | 1.63B | 1.67B | 1.62B | 1.45B | 1.38B | 1.38B | 1.33B | 1.27B | 1.24B |
| Total Assets | 32.88B | 33.39B | 33.3B | 32.36B | 32.28B | 32.15B | 31.02B | 30.91B | 30.45B | 29.67B | 29.76B | 29.36B | 28.4B | 28.22B | 27.65B | 26.87B | 26.97B | 27.01B | 25.76B | 25.19B |
| Asset Turnover | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x |
| Asset Growth % | 1.88% | 3.83% | 7.34% | 4.69% | 6% | 8.36% | 4.24% | 5.28% | 7.24% | 5.13% | 7.64% | 9.26% | 5.29% | 4.48% | 7.34% | 6.69% | 6.95% | 14.45% | 12.01% | 11.05% |
| Total Current Liabilities | 2.37B | 2.56B | 2.04B | 2.18B | 1.41B | 1.2B | 2.61B | 2.89B | 1.31B | 1.54B | 1.57B | 834.68M | 844.55M | 754.25M | 632.49M | 547.75M | 750.57M | 551.36M | 550.08M | 583.78M |
| Accounts Payable | 204.34M | 210.76M | 214.8M | 1.17B | 1.27B | 1.07B | 0 | 0 | 1.16B | 1.4B | 1.43B | 681.1M | 696.9M | 604.33M | 0 | 0 | 611.76M | 0 | 0 | 451.09M |
| Days Payables Outstanding | 61.77 | 37.17 | 122.49 | 216.33 | 215.01 | 199.96 | - | - | 266.67 | 486.59 | 357.23 | 150.77 | 236.72 | 229.27 | - | - | 243.83 | - | - | 203.19 |
| Short-Term Debt | 1.36B | 1.51B | 936M | 888.5M | 0 | 0 | 1.7B | 1.73B | 0 | 0 | 0 | 0 | 0 | 0 | 3.96M | 3.47M | 0 | 8.83M | 17.64M | 0 |
| Deferred Revenue (Current) | 143.63M | 132.09M | 133.8M | 127.62M | 136.57M | 129.3M | 0 | 0 | 143.86M | 141.48M | 141.29M | 153.59M | 147.65M | 149.92M | 0 | 0 | 138.82M | 0 | 0 | 132.68M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 917M | 1.16B | 0 | 0 | 0 | 0 | 0 | 0 | 628.53M | 544.28M | 0 | 542.53M | 532.44M | -451.09M |
| Current Ratio | 0.93x | 0.82x | 0.38x | 0.21x | 0.34x | 0.39x | 0.17x | 0.19x | 0.36x | 0.33x | 0.37x | 0.84x | 0.92x | 1.48x | 1.63x | 2.76x | 1.48x | 3.43x | 2.24x | 2.32x |
| Quick Ratio | 0.93x | 0.82x | 0.38x | 0.21x | 0.34x | 0.39x | 0.17x | 0.19x | 0.36x | 0.33x | 0.37x | 0.84x | 0.92x | 1.48x | 1.63x | 2.76x | 1.48x | 3.43x | 2.24x | 2.32x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 22.04B | 22.49B | 23.03B | 22.31B | 23.34B | 23.28B | 21.1B | 20.79B | 21.98B | 21.17B | 21.34B | 21.78B | 20.91B | 20.94B | 20.57B | 19.96B | 19.21B | 19.88B | 18.7B | 18.18B |
| Long-Term Debt | 18.37B | 18.69B | 19.38B | 19B | 20.21B | 20.16B | 17.98B | 17.75B | 19.18B | 18.65B | 18.9B | 19.45B | 18.64B | 18.77B | 18.33B | 17.82B | 17.02B | 17.61B | 16.52B | 16.17B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.43B | 1.55B | 1.51B | 1.41B | 1.32B | 1.36B | 1.33B | 1.31B | 1.28B | 1.06B | 1.03B | 999.38M | 970.8M | 936.53M | 908.65M | 880.38M | 1.01B | 980.77M | 954.99M | 934.64M |
| Other Non-Current Liabilities | 2.25B | 2.25B | 2.14B | 1.9B | 1.81B | 1.76B | 1.65B | 1.59B | 1.52B | 1.46B | 1.41B | 1.34B | 1.29B | 1.24B | 1.19B | 1.12B | 1.17B | 1.15B | 1.09B | 943.16M |
| Total Liabilities | 24.41B | 25.05B | 25.07B | 24.5B | 24.75B | 24.48B | 23.71B | 23.68B | 23.29B | 22.71B | 22.91B | 22.62B | 21.75B | 21.7B | 21.21B | 20.51B | 19.96B | 20.43B | 19.25B | 18.76B |
| Total Debt | 19.73B | 20.19B | 20.32B | 19.89B | 20.21B | 20.16B | 19.68B | 19.48B | 19.18B | 18.65B | 18.9B | 19.45B | 18.64B | 18.77B | 18.34B | 17.82B | 17.02B | 17.62B | 16.54B | 16.17B |
| Net Debt | 19.26B | 19.74B | 19.87B | 19.43B | 19.74B | 19.7B | 19.22B | 18.92B | 18.72B | 18.13B | 18.32B | 18.76B | 17.87B | 17.67B | 17.3B | 16.31B | 15.94B | 15.72B | 15.31B | 14.84B |
| Debt / Equity | 2.33x | 2.42x | 2.47x | 2.53x | 2.68x | 2.63x | 2.69x | 2.69x | 2.68x | 2.68x | 2.76x | 2.88x | 2.80x | 2.87x | 2.85x | 2.80x | 2.43x | 2.68x | 2.54x | 2.51x |
| Debt / EBITDA | 26.21x | 45.03x | 44.17x | 43.93x | 45.07x | 46.38x | 46.52x | 45.76x | 39.46x | 33.07x | 32.96x | 45.12x | 35.73x | 36.38x | 35.77x | 39.69x | 31.01x | 36.19x | 36.08x | 36.53x |
| Net Debt / EBITDA | 25.59x | 44.02x | 43.18x | 42.93x | 44.02x | 45.32x | 45.44x | 44.45x | 38.51x | 32.16x | 31.96x | 43.52x | 34.26x | 34.25x | 33.75x | 36.32x | 29.03x | 32.30x | 33.39x | 33.53x |
| Interest Coverage | 2.04x | 15.36x | 37.81x | 34.70x | 10.96x | 10.06x | 10.61x | 11.32x | 20.53x | 24.86x | 25.63x | 13.11x | 24.33x | 20.77x | 20.68x | -35.71x | 23.54x | 20.82x | 19.23x | 19.42x |
| Total Equity | 8.47B | 8.34B | 8.22B | 7.87B | 7.53B | 7.68B | 7.31B | 7.23B | 7.16B | 6.96B | 6.85B | 6.74B | 6.65B | 6.53B | 6.44B | 6.37B | 7.01B | 6.58B | 6.5B | 6.43B |
| Equity Growth % | 12.48% | 8.67% | 12.55% | 8.76% | 5.2% | 10.27% | 6.63% | 7.22% | 7.73% | 6.63% | 6.41% | 5.89% | -5.17% | -0.84% | -0.95% | -0.91% | 15.42% | 10.15% | 10.77% | 12.06% |
| Book Value per Share | 75.38 | 74.25 | 73.28 | 70.21 | 67.31 | 68.65 | 65.39 | 64.84 | 64.27 | 62.52 | 61.60 | 60.65 | 59.79 | 58.77 | 57.99 | 55.93 | 61.30 | 57.56 | 56.84 | 56.27 |
| Total Shareholders' Equity | 8.47B | 8.34B | 8.22B | 7.87B | 7.53B | 7.68B | 7.31B | 7.23B | 7.16B | 6.96B | 6.85B | 6.74B | 6.65B | 6.53B | 6.44B | 6.37B | 7.01B | 6.58B | 6.5B | 6.43B |
| Common Stock | 1.12M | 1.12M | 1.12M | 1.12M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.14M | 1.14M | 1.14M | 1.14M |
| Retained Earnings | 5.09B | 4.95B | 4.84B | 4.49B | 4.15B | 4.08B | 4.01B | 3.94B | 3.87B | 3.68B | 3.58B | 3.48B | 3.39B | 3.27B | 3.19B | 3.11B | 3.61B | 3.49B | 3.41B | 3.34B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -4.72M | 40K | 3.53M | 6.62M | 19.57M | -3.11M | 151K | 662K | 1.77M | 1.39M | 1.52M | 1.82M | 2.35M | 2.94M | -535K | -70K | -1.81M | -1.74M | -1.15M | -922K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |