AL
Price:
$42.48
Market Cap:
$4.73B
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.[Read more]
Industry
Rental & Leasing Services
IPO Date
2011-04-19
Stock Exchange
NYSE
Ticker
AL
According to Air Lease Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.17. This represents a change of -46.02% compared to the average of 0.32 of the last 4 quarters.
The mean historical Current Ratio of Air Lease Corporation over the last ten years is 0.99. The current 0.17 Current Ratio has changed 1.66% with respect to the historical average. Over the past ten years (40 quarters), AL's Current Ratio was at its highest in in the September 2021 quarter at 2.78. The Current Ratio was at its lowest in in the June 2024 quarter at 0.17.
Average
0.99
Median
0.78
Minimum
0.36
Maximum
2.77
Discovering the peaks and valleys of Air Lease Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 440.25%
Maximum Annual Current Ratio = 2.77
Minimum Annual Increase = -61.55%
Minimum Annual Current Ratio = 0.36
Year | Current Ratio | Change |
---|---|---|
2023 | 0.36 | -61.55% |
2022 | 0.92 | -37.45% |
2021 | 1.48 | -46.62% |
2020 | 2.77 | 440.25% |
2019 | 0.51 | -20.47% |
2018 | 0.64 | -13.53% |
2017 | 0.74 | -8.80% |
2016 | 0.82 | 44.94% |
2015 | 0.56 | -48.22% |
2014 | 1.09 | -41.34% |
The current Current Ratio of Air Lease Corporation (AL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.92
5-year avg
1.21
10-year avg
0.99
Air Lease Corporation’s Current Ratio is less than The Aaron's Company, Inc. (2.95), less than Alta Equipment Group Inc. (1.37), less than McGrath RentCorp (1.40), less than Herc Holdings Inc. (1.23), less than Triton International Limited (1.12), less than H&E Equipment Services, Inc. (1.49), less than GATX Corporation (3.02), less than PROG Holdings, Inc. (6.62), less than Custom Truck One Source, Inc. (1.30), greater than Textainer Group Holdings Limited (-0.00), less than Ryder System, Inc. (0.74), less than Triton International Limited (1.12),
Company | Current Ratio | Market cap |
---|---|---|
2.95 | $315.82M | |
1.37 | $201.53M | |
1.40 | $2.50B | |
1.23 | $3.75B | |
1.12 | $4.38B | |
1.49 | $1.58B | |
3.02 | $4.71B | |
6.62 | $1.90B | |
1.30 | $873.98M | |
-0.00 | $2.07B | |
0.74 | $5.72B | |
1.12 | $2.54B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Air Lease Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Air Lease Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Air Lease Corporation's Current Ratio?
How is the Current Ratio calculated for Air Lease Corporation (AL)?
What is the highest Current Ratio for Air Lease Corporation (AL)?
What is the 3-year average Current Ratio for Air Lease Corporation (AL)?
What is the 5-year average Current Ratio for Air Lease Corporation (AL)?
How does the current Current Ratio for Air Lease Corporation (AL) compare to its historical average?