WLFC · Willis Lease Finance 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.

Price · WLFC

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$730.24M	$569.22M	$418.56M	$311.93M	$274.20M	$288.69M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$194.74M	$146.76M	$144.79M	$92.53M	$75.35M	$67.91M
Total Operating Expenses	$625.95M	$424.82M	$354.33M	$302.07M	$265.86M	$274.00M
D&A	$111.55M	$92.46M	$90.92M	$90.50M	$90.50M	$94.54M
Operating Income	$104.29M	$144.40M	$64.22M	$9.86M	$8.34M	$14.69M
Interest Expense	$132.06M	$104.76M	$78.80M	$66.74M	$67.98M	$63.02M
Income Tax	$46.85M	$44.03M	$23.35M	$4.35M	$5.79M	$7.59M
Net Income	$113.76M	$108.61M	$43.78M	$5.44M	$3.35M	$9.75M
EPS - Basic	$16.00	$15.97	$6.40	$0.35	$0.00	$1.07
EPS - Diluted	$15.39	$15.34	$6.23	$0.33	$0.00	$1.05

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$16.44M	$9.11M	$7.07M	$12.15M	$14.33M	$42.54M
Accounts Receivable	$58.48M	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$3.94B	$3.30B	$2.65B	$2.58B	$2.46B	$2.36B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	$2.70B	$2.26B	$1.80B	$1.85B	$1.79B	$1.69B
Total Liabilities	$3.21B	$2.68B	$2.16B	$2.12B	$2.04B	$1.95B
Stockholders' Equity	$662.14M	$549.34M	$438.96M	$404.69M	$375.88M	$364.01M
Retained Earnings	$590.78M	$491.44M	$397.78M	$357.49M	$355.39M	$355.37M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$283.24M	$284.41M	$229.74M	$144.42M	$90.66M	$93.44M
Investing Cash Flow	($256.40M)	($764.91M)	($92.78M)	($194.38M)	($148.00M)	($506.67M)
Financing Cash Flow	$387.60M	$444.98M	($57.94M)	$43.33M	$74.05M	$428.48M
CapEx	$31.08M	$15.63M	$5.14M	$6.63M	$2.17M	$2.98M
Free Cash Flow	$252.15M	$268.77M	$224.60M	$137.79M	$88.49M	$90.47M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	14.3%	25.4%	15.3%	3.2%	3.0%	5.1%
EBITDA margin	29.6%	41.6%	37.1%	32.2%	36.0%	37.8%
Net margin	15.6%	19.1%	10.5%	1.7%	1.2%	3.4%
Free cash flow margin	34.5%	47.2%	53.7%	44.2%	32.3%	31.3%
FCF / Net income	2.22	2.47	5.13	25.33	26.40	9.28
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	26.7%	25.8%	34.6%	29.7%	27.5%	23.5%
Effective tax rate	29.2%	28.8%	34.8%	44.5%	63.3%	43.8%
Return on assets	2.9%	3.3%	1.7%	0.2%	0.1%	0.4%
Return on equity	17.2%	19.8%	10.0%	1.3%	0.9%	2.7%
Return on invested capital	2.2%	3.7%	1.9%	0.2%	0.2%	0.4%
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	4.08	4.12	4.11	4.56	4.76	4.65
Debt / Assets	0.69	0.69	0.68	0.72	0.73	0.72
Debt / EBITDA	12.51	9.56	11.62	18.41	18.11	15.51
Interest coverage	0.8x	1.4x	0.8x	0.1x	0.1x	0.2x
Equity multiplier	5.94	6.00	6.04	6.36	6.55	6.50
Liabilities / Assets	0.82	0.81	0.82	0.82	0.83	0.83
Efficiency
Asset turnover	0.19	0.17	0.16	0.12	0.11	0.12
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	29d	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	8.8x	13.5x	7.8x	178.8x	-	29.0x
P / B	1.4x	2.6x	0.7x	0.9x	0.6x	0.5x
P / S	1.3x	2.5x	0.8x	1.2x	0.9x	0.6x
EV / EBITDA	16.8x	15.5x	13.6x	22.0x	20.4x	16.8x
Growth
Revenue growth (YoY)	28.3%	36.0%	34.2%	13.8%	-5.0%	-29.4%
Revenue CAGR (3y)	32.8%	27.6%	13.2%	-8.6%	-7.7%	1.7%
Revenue CAGR (5y)	20.4%	6.8%	3.7%	2.6%	5.8%	7.7%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-27.8%	124.8%	551.7%	18.2%	-43.2%	-81.7%
Net income growth (YoY)	4.7%	148.1%	704.9%	62.3%	-65.6%	-85.4%
EPS growth (YoY)	0.3%	146.2%	1787.9%	-	-	-90.0%
EPS CAGR (3y)	259.9%	-	81.0%	-68.4%	-	-52.3%
EPS CAGR (5y)	71.1%	7.9%	-1.1%	-49.1%	-	2.7%
FCF growth (YoY)	-6.2%	19.7%	63.0%	55.7%	-2.2%	-59.6%
FCF CAGR (5y)	22.8%	3.7%	3.9%	11.6%	-2.4%	-3.0%
Book value growth (YoY)	20.5%	25.1%	8.5%	7.7%	3.3%	3.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$750.61M total

Leasing And Related Operations Segment$692.67M · 92.3%

Spare Parts Sales Segment$57.94M · 7.7%

Geographic

$730.24M total

US$205.88M · 28.2%

Europe$183.68M · 25.2%

IN$137.77M · 18.9%

Asia Pacific$110.87M · 15.2%

CA$41.69M · 5.7%

South America$37.24M · 5.1%

Central America$7.68M · 1.1%

Africa$4.58M · 0.6%

Middle East$851.0K · 0.1%

Stability scores

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

Company	Revenue (last FY)	Net margin	ROE
AIT	$4.56B	8.6%	21.3%
ASLE	$335.29M	2.6%	2.0%
DSGR	$1.80B	0.5%	1.3%
HDSN	-	-	6.8%
UGRO	$17.40M	-127.0%	48.9%

Comparing WILLIS LEASE FINANCE CORP against the 5 most active filers in the same SIC group.

Dividends

$1.45/share trailing 12 months · +45.0% YoY

Ex-date	Per share
May 11, 2026	$0.4000
Feb 11, 2026	$0.4000
Nov 17, 2025	$0.4000
Aug 12, 2025	$0.2500
May 12, 2025	$0.2500
Feb 12, 2025	$0.2500
Nov 12, 2024	$0.2500
Aug 12, 2024	$0.2500
May 30, 2024	$1.0000