Willis Lease Finance Corporation (WLFC) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Rental & Leasing Services
EV/EBITDA
↓
13.69
↓-17% vs avg
5yr avg: 16.57
30Y Low6.5·High22.5
P/FCF
N/A
—
5yr avg: 5.20
30Y Low2.6·High27.2
P/B Ratio
↑
2.31
↑+88% vs avg
5yr avg: 1.23
30Y Low0.4·High2.6
ROE
↑
17.8%
↓+70% vs avg
5yr avg: 10.5%
30Y Low1%·High27%
Debt/EBITDA
↓
8.23
↓-38% vs avg
5yr avg: 13.25
30Y Low5.0·High18.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WLFC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Willis Lease Finance Corporation trades at 15.5x earnings, 99% below its 5-year average of 2731.1x, sitting at the 75th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a discount of 40%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $952M | $1.4B | $317M | $372M | $239M | $187M | $357M | $209M | $155M | $172M |
| Enterprise Value | $4.5B | $3.6B | $3.7B | $2.1B | $2.2B | $2.0B | $1.8B | $1.6B | $1.5B | $1.2B | $1.1B |
| P/E Ratio → | 15.52 | 8.81 | 13.53 | 7.85 | 178.82 | 13446.43 | 29.01 | 5.61 | 4.84 | 2.58 | 12.48 |
| P/S Ratio | 2.69 | 1.41 | 2.48 | 0.76 | 1.19 | 0.87 | 0.65 | 0.87 | 0.60 | 0.57 | 0.83 |
| P/B Ratio | 2.31 | 1.31 | 2.57 | 0.72 | 0.92 | 0.64 | 0.45 | 0.89 | 0.73 | 0.60 | 0.88 |
| P/FCF | — | — | — | 5.20 | — | — | — | — | — | — | — |
| P/OCF | 6.41 | 3.36 | 4.97 | 1.38 | 2.57 | 2.64 | 2.00 | 1.55 | 1.11 | 1.15 | 1.70 |
P/E links to full P/E history page with 30-year chart
WLFC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Willis Lease Finance Corporation's enterprise value stands at 13.7x EBITDA, 17% below its 5-year average of 16.6x. This is roughly in line with the Industrials sector median of 13.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.40 | 6.44 | 5.05 | 7.07 | 7.35 | 6.25 | 3.92 | 4.41 | 4.49 | 5.12 |
| EV / EBITDA | 13.69 | 11.07 | 15.31 | 13.62 | 22.49 | 20.38 | 16.53 | 9.64 | 11.87 | 13.00 | 12.01 |
| EV / EBIT | 20.70 | 16.74 | 14.25 | 14.48 | 28.83 | 26.12 | 22.47 | 10.30 | 12.74 | 14.56 | 16.31 |
| EV / FCF | — | — | — | 34.66 | — | — | — | — | — | — | — |
WLFC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Willis Lease Finance Corporation earns an operating margin of 32.3%, significantly above the Industrials sector average of 4.7%. Operating margins have expanded from 15.3% to 32.3% over the past 3 years, signaling improving operational efficiency. ROE of 17.8% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 5.3% represents adequate returns on invested capital versus a sector median of 6.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.7% | 65.7% | 75.4% | 69.6% | 65.0% | 61.5% | 61.4% | 63.6% | 60.4% | 61.1% | 61.6% |
| Operating Margin | 32.3% | 32.3% | 25.4% | 15.3% | 3.2% | 3.0% | 5.1% | 19.6% | 15.1% | 10.5% | 10.7% |
| Net Profit Margin | 16.8% | 16.8% | 19.1% | 10.5% | 1.7% | 1.2% | 3.4% | 16.4% | 12.4% | 22.6% | 6.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.8% | 17.8% | 22.0% | 10.4% | 1.4% | 0.8% | 2.4% | 19.5% | 15.8% | 27.3% | 6.9% |
| ROA | 3.1% | 3.1% | 3.7% | 1.7% | 0.2% | 0.1% | 0.4% | 3.5% | 2.4% | 4.2% | 1.1% |
| ROIC | 5.3% | 5.3% | 4.3% | 2.2% | 0.3% | 0.3% | 0.6% | 3.7% | 2.7% | 1.8% | 1.5% |
| ROCE | 6.2% | 6.2% | 5.0% | 2.5% | 0.4% | 0.3% | 0.7% | 4.4% | 3.0% | 2.0% | 1.7% |
WLFC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Willis Lease Finance Corporation carries a Debt/EBITDA ratio of 8.2x, which is highly leveraged (166% above the sector average of 3.1x). Net debt stands at $2.7B ($2.7B total debt minus $16M cash). Interest coverage of just 1.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.74 | 3.74 | 4.12 | 4.11 | 4.56 | 4.76 | 4.10 | 3.14 | 4.66 | 4.19 | 4.59 |
| Debt / EBITDA | 8.23 | 8.23 | 9.45 | 11.62 | 18.83 | 18.11 | 15.54 | 7.53 | 10.34 | 11.44 | 10.18 |
| Net Debt / Equity | — | 3.72 | 4.11 | 4.09 | 4.53 | 4.72 | 3.91 | 3.12 | 4.62 | 4.16 | 4.54 |
| Net Debt / EBITDA | 8.18 | 8.18 | 9.41 | 11.57 | 18.70 | 17.97 | 14.82 | 7.49 | 10.25 | 11.37 | 10.07 |
| Debt / FCF | — | — | — | 29.46 | — | — | — | — | — | — | — |
| Interest Coverage | 1.58 | 1.58 | 2.46 | 1.85 | 1.15 | 1.13 | 1.28 | 2.33 | 1.88 | 1.74 | 1.58 |
WLFC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Willis Lease Finance Corporation's current ratio of 3.09x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.74x to 3.09x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.09 | 3.09 | 3.85 | 3.74 | 4.26 | 8.27 | 2.12 | 1.20 | 3.20 | 3.87 | 4.45 |
| Quick Ratio | 2.82 | 2.82 | 3.22 | 3.32 | 3.62 | 6.91 | 1.37 | 0.92 | 2.19 | 3.33 | 3.37 |
| Cash Ratio | 0.08 | 0.08 | 0.08 | 0.07 | 0.20 | 0.38 | 1.01 | 0.05 | 0.24 | 0.23 | 0.43 |
| Asset Turnover | — | 0.17 | 0.17 | 0.16 | 0.12 | 0.11 | 0.12 | 0.21 | 0.18 | 0.17 | 0.15 |
| Inventory Turnover | 4.10 | 4.10 | 1.94 | 3.11 | 2.83 | 2.07 | 1.87 | 3.57 | 2.82 | 6.52 | 3.13 |
| Days Sales Outstanding | — | 19.29 | 142.30 | 131.77 | 150.24 | 206.43 | 35.74 | 21.46 | 24.38 | 25.03 | 29.03 |
WLFC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Willis Lease Finance Corporation returns 0.5% to shareholders annually — split between a 0.3% dividend yield and 0.2% buyback yield. The earnings yield of 6.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.3% | 0.6% | 0.8% | 1.0% | 0.9% | 1.4% | 1.7% | 0.9% | 1.6% | 0.8% | — |
| Payout Ratio | — | — | 9.9% | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.4% | 11.3% | 7.4% | 12.7% | 0.6% | 0.0% | 3.4% | 17.8% | 20.7% | 38.8% | 8.0% |
| FCF Yield | — | — | — | 19.2% | — | — | — | — | — | — | — |
| Buyback Yield | 0.2% | 0.4% | 0.6% | 1.8% | 2.4% | 6.3% | 1.4% | 1.4% | 8.3% | 3.0% | 17.7% |
| Total Shareholder Yield | 0.5% | 1.0% | 1.3% | 2.9% | 3.3% | 7.7% | 3.2% | 2.3% | 9.9% | 3.8% | 17.7% |
| Shares Outstanding | — | $7M | $7M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $7M |
Peer Comparison
Compare WLFC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 WLFCYou | $2B | 15.5 | 13.7 | — | 65.7% | 32.3% | 17.8% | 5.3% | 8.2 |
 AL | $7B | 7.0 | — | — | 59.4% | 50.5% | 13.6% | 4.2% | 7.2 |
 AER | $25B | 7.1 | 9.8 | — | 59.8% | 51.9% | 21.1% | 5.2% | 6.3 |
 FTAI | $29B | 62.0 | 32.5 | — | 31.1% | 30.7% | 241.2% | 16.8% | 3.5 |
 FLY | $6B | -7.2 | — | — | 15.6% | -154.3% | -141.3% | -26.2% | — |
 GATX | $7B | 25.6 | 16.9 | — | 48.0% | 29.9% | 12.1% | 3.6% | 9.4 |
 URI | $60B | 25.0 | 10.8 | 91.3 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
 GE | $320B | 37.5 | 32.8 | 44.0 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 RTX | $238B | 35.6 | 21.0 | 30.0 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
 HEI | $25B | 60.5 | 22.2 | 29.0 | 39.8% | 22.7% | 17.1% | 12.6% | 1.8 |
 DAL | $48B | 9.6 | 7.8 | 12.5 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
| Industrials Median | — | 25.9 | 13.7 | 21.0 | 33.0% | 4.7% | 8.2% | 6.4% | 3.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonWLFC — Frequently Asked Questions
Quick answers to the most common questions about buying WLFC stock.
What is Willis Lease Finance Corporation's P/E ratio?
Willis Lease Finance Corporation's current P/E ratio is 15.5x. The historical average is 18.0x. This places it at the 75th percentile of its historical range.
What is Willis Lease Finance Corporation's EV/EBITDA?
Willis Lease Finance Corporation's current EV/EBITDA is 13.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.6x.
What is Willis Lease Finance Corporation's ROE?
Willis Lease Finance Corporation's return on equity (ROE) is 17.8%. The historical average is 9.4%.
Is WLFC stock overvalued?
Based on historical data, Willis Lease Finance Corporation is trading at a P/E of 15.5x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Willis Lease Finance Corporation's dividend yield?
Willis Lease Finance Corporation's current dividend yield is 0.34%.
What are Willis Lease Finance Corporation's profit margins?
Willis Lease Finance Corporation has 65.7% gross margin and 32.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Willis Lease Finance Corporation have?
Willis Lease Finance Corporation's Debt/EBITDA ratio is 8.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.