ASLE · Aersale Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $335.29M | $345.07M | $334.50M | $408.54M | $340.44M | $208.94M |
| Cost of Revenue | $229.51M | $241.13M | $242.08M | $257.15M | $221.04M | $156.15M |
| Gross Profit | $105.77M | $103.94M | $92.42M | $151.39M | $119.39M | $52.79M |
| R&D | - | - | - | - | - | - |
| SG&A | $89.98M | $94.19M | $103.19M | $96.35M | $77.50M | $55.63M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $19.33M | $16.05M | $10.46M | $10.98M | $13.00M | $24.22M |
| Operating Income | $15.79M | $9.74M | ($10.77M) | $55.05M | $56.66M | $11.28M |
| Interest Expense | $7.69M | $4.85M | $4.0K | - | - | - |
| Income Tax | $1.95M | $1.99M | ($2.12M) | $14.02M | $11.66M | $1.65M |
| Net Income | $8.57M | $5.85M | ($5.56M) | $43.86M | $36.12M | $8.48M |
| EPS - Basic | $0.18 | $0.11 | ($0.11) | $0.85 | $0.84 | $8.09 |
| EPS - Diluted | $0.18 | $0.11 | ($0.15) | $0.83 | $0.76 | $7.61 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.38M | $4.70M | $5.87M | $147.19M | $130.19M | $29.32M |
| Accounts Receivable | $42.65M | $34.65M | $31.24M | $28.27M | $42.57M | $51.87M |
| Inventory | $205.38M | $224.83M | $329.17M | $183.53M | $159.29M | $94.96M |
| Accounts Payable | $29.64M | $34.18M | $29.90M | $21.13M | $19.97M | $17.03M |
| Current Assets | $268.99M | $284.03M | $264.77M | $333.56M | $271.53M | $178.96M |
| Total Assets | $640.47M | $604.72M | $553.94M | $531.58M | $487.49M | $389.13M |
| Current Liabilities | $72.43M | $74.97M | $45.71M | $52.84M | $67.91M | $31.68M |
| Long-term Debt | $111.34M | $40.44M | $36.28M | $0 | $0 | $3.35M |
| Total Liabilities | $216.04M | $149.10M | $108.92M | $86.60M | $78.61M | $50.00M |
| Stockholders' Equity | $424.43M | $455.62M | $445.01M | $444.98M | $277.77M | $293.99M |
| Retained Earnings | $147.70M | $139.12M | $133.27M | $138.83M | $94.97M | $59.25M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($22.97M) | $11.18M | ($174.15M) | ($113.0K) | $79.08M | ($12.23M) |
| Investing Cash Flow | ($3.86M) | ($16.13M) | $3.09M | $41.37M | $13.20M | ($21.14M) |
| Financing Cash Flow | $26.51M | $3.77M | $29.74M | ($24.26M) | $8.59M | $45.18M |
| CapEx | $6.08M | $14.05M | $11.36M | $8.46M | $2.14M | - |
| Free Cash Flow | ($29.05M) | ($2.87M) | ($185.51M) | ($8.57M) | $76.94M | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.5% | 30.1% | 27.6% | 37.1% | 35.1% | 25.3% |
| Operating margin | 4.7% | 2.8% | -3.2% | 13.5% | 16.6% | 5.4% |
| EBITDA margin | 10.5% | 7.5% | -0.1% | 16.2% | 20.5% | 17.0% |
| Net margin | 2.6% | 1.7% | -1.7% | 10.7% | 10.6% | 4.1% |
| Free cash flow margin | -8.7% | -0.8% | -55.5% | -2.1% | 22.6% | - |
| FCF / Net income | -3.39 | -0.49 | 33.35 | -0.20 | 2.13 | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 26.8% | 27.3% | 30.8% | 23.6% | 22.8% | 26.6% |
| Effective tax rate | 18.5% | 25.3% | - | 24.2% | 24.4% | 16.3% |
| Return on assets | 1.3% | 1.0% | -1.0% | 8.3% | 7.4% | 2.2% |
| Return on equity | 2.0% | 1.3% | -1.3% | 9.9% | 13.0% | 2.9% |
| Return on invested capital | 2.4% | 1.5% | -1.8% | 9.4% | 15.4% | 3.2% |
| Liquidity | ||||||
| Current ratio | 3.71 | 3.79 | 5.79 | 6.31 | 4.00 | 5.65 |
| Quick ratio | 0.88 | 0.79 | -1.41 | 2.84 | 1.65 | 2.65 |
| Cash ratio | 0.06 | 0.06 | 0.13 | 2.79 | 1.92 | 0.93 |
| Leverage | ||||||
| Debt / Equity | 0.26 | 0.09 | 0.08 | 0.00 | 0.00 | 0.01 |
| Debt / Assets | 0.17 | 0.07 | 0.07 | 0.00 | 0.00 | 0.01 |
| Debt / EBITDA | 3.17 | 1.57 | - | 0.00 | 0.00 | 0.09 |
| Interest coverage | 2.1x | 2.0x | -2692.5x | - | - | - |
| Equity multiplier | 1.51 | 1.33 | 1.24 | 1.19 | 1.75 | 1.32 |
| Liabilities / Assets | 0.34 | 0.25 | 0.20 | 0.16 | 0.16 | 0.13 |
| Efficiency | ||||||
| Asset turnover | 0.52 | 0.57 | 0.60 | 0.77 | 0.70 | 0.54 |
| Inventory turnover | 1.12 | 1.07 | 0.74 | 1.40 | 1.39 | 1.64 |
| Days sales outstanding | 46d | 37d | 34d | 25d | 46d | 91d |
| Days inventory outstanding | 327d | 340d | 496d | 261d | 263d | 222d |
| Days payable outstanding | 47d | 52d | 45d | 30d | 33d | 40d |
| Cash conversion cycle | 326d | 325d | 485d | 256d | 276d | 273d |
| Valuation | ||||||
| P / E | 39.5x | 57.3x | - | 19.5x | 23.3x | 1.8x |
| P / B | 0.8x | 0.7x | 1.5x | 1.9x | 3.0x | 0.1x |
| P / S | 1.0x | 1.0x | 2.0x | 2.1x | 2.5x | 0.1x |
| EV / EBITDA | 12.9x | 14.4x | - | 10.8x | 10.2x | -0.3x |
| Growth | ||||||
| Revenue growth (YoY) | -2.8% | 3.2% | -18.1% | 20.0% | 62.9% | - |
| Revenue CAGR (3y) | -6.4% | 0.5% | 17.0% | - | - | - |
| Revenue CAGR (5y) | 9.9% | - | - | - | - | - |
| Gross profit growth (YoY) | 1.8% | 12.5% | -39.0% | 26.8% | 126.2% | - |
| Operating income growth (YoY) | 62.0% | - | - | -2.9% | 402.2% | - |
| Net income growth (YoY) | 46.6% | - | - | 21.4% | 325.8% | 780.4% |
| EPS growth (YoY) | 63.6% | - | - | 9.2% | -90.0% | - |
| EPS CAGR (3y) | -39.9% | -47.5% | - | - | - | - |
| EPS CAGR (5y) | -52.7% | - | - | - | - | - |
| FCF growth (YoY) | -912.9% | 98.5% | -2063.4% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -6.8% | 2.4% | 0.0% | 60.2% | -5.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$335.29M totalAsset Management Solutions$211.58M · 63.1%
Tech Ops$123.70M · 36.9%
Product / service
$829.51M totalProduct$206.47M · 24.9%
Engine$175.63M · 21.2%
Used Serviceable Material$120.08M · 14.5%
Maintenance$93.74M · 11.3%
Service$93.74M · 11.3%
Whole Asset Sales$56.43M · 6.8%
Aircraft$35.96M · 4.3%
Leasing Arrangements$35.07M · 4.2%
Engineered Solutions$12.39M · 1.5%
Geographic
$335.29M totalUS$180.92M · 54.0%
Non Us$154.37M · 46.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.84
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Machinery, Equipment & Supplies
Comparing AerSale Corp against the 5 most active filers in the same SIC group.