Air Lease Corporation (AL) financial statements (2020 and earlier)

Company profile

Business Address 2000 AVENUE OF THE STARS
LOS ANGELES, CA 90067
State of Incorp. DE
Fiscal Year End December 31
SIC 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments317300292275157283270
Cash and cash equivalents317300292275157283270
Restricted cash and investments2123161617787
Total current assets:338323308291173290357
Noncurrent Assets
Property, plant and equipment 17,98515,10013,59812,0279,8328,234
Total noncurrent assets: 17,98515,10013,59812,0279,8328,234
Other undisclosed assets21,37117320687155652741
TOTAL ASSETS:21,70918,48215,61413,97612,35510,7759,333
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt749      
Deferred income tax liabilities749
Total noncurrent liabilities:749      
Other undisclosed liabilities15,33613,67511,48710,5939,3358,0036,809
Total liabilities:16,08613,67511,48710,5939,3358,0036,809
Stockholders' equity
Stockholders' equity attributable to parent, including:5,6244,8074,1273,3823,0202,7722,523
Preferred stock0      
Additional paid in capital2,7782,4742,2602,2382,2272,2152,210
Accumulated other comprehensive loss(1)      
Retained earnings2,8462,3321,8661,143792556313
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:5,6244,8074,1273,3823,0202,7722,523
TOTAL LIABILITIES AND EQUITY:21,70918,48215,61413,97612,35510,7759,333

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,0171,6801,5161,4191,2231,050859
Revenue, net1,4511,3391,175991837
Operating lease, lease income1,917
Operating leases, income statement, lease revenue1,631
Cost of revenue
(Cost of Goods and Services Sold)
 (582)(508)(453)(398)(337) 
Gross profit:2,0171,0981,008966825714859
Operating expenses(1,281)(1,040)(907)(839)(830)(656)(565)
Operating income (loss):73658101128(5)58293
Interest and debt expense(434)(343)(287)(286)(266)(221)(192)
Other undisclosed income from continuing operations before equity method investments, income taxes    664557192
Income (loss) from continuing operations before equity method investments, income taxes:302(285)(186)(159)393395293
Other undisclosed income from continuing operations before income taxes434925796739   
Income from continuing operations before income taxes:736640610580393395293
Income tax expense (benefit)(149)(129)147(205)(140)(139)(103)
Net income attributable to parent:587511756375253256190
Preferred stock dividends and other adjustments(12)      
Net income available to common stockholders, basic:575511756375253256190
Interest on convertible debt 666666
Net income available to common stockholders, diluted:575517762381259262196

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:587511756375253256190
Comprehensive income:587511756375253256190
Other undisclosed comprehensive loss, net of tax, attributable to parent(13)      
Comprehensive income, net of tax, attributable to parent:574511756375253256190

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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