Willis Lease Finance

Willis Lease Finance Corp. engages in the provision of commercial aircraft and aircraft engines services. It operates through the following business segments: Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment leases aircraft, engines, and provides related services to a diversified group of commercial aircraft operators and maintenance, repair, and overhaul organizations. The Spare Parts Sales segment involves the purchase and resale of aftermarket engine parts, whole engines, engine modules and portable aircraft components. The company was founded by Charles F. Willis, IV in 1985 and is headquartered in Coconut Creek, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Willis Lease Finance reports stellar Q2 earnings and strategic investments

Willis Lease Finance Corporation's Q2 2024 earnings call highlighted exceptional financial performance, strategic investments, and strong operational metrics.
The company's focus on revenue growth, maintenance services, and prudent financial management underscore its commitment to sustainable growth.
While facing challenges related to market dynamics and operational risks, WLFC remains well-positioned to capitalize on opportunities for expansion and value creation.
Investors can be optimistic about WLFC's future prospects given its solid financial foundation, strategic initiatives, and commitment to shareholder value.

Willis Lease Finance reports robust Q3 earnings amidst industry challenges

Willis Lease Finance delivered strong financial results in Q3 driven by high demand for engines and strategic portfolio growth. Despite challenges like the Boeing strike, the company's focus on innovative programs and financial initiatives showcases resilience. With opportunities in the market and a solid performance foundation, Willis Lease Finance is well-positioned for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Willis Lease Finance Corp. engages in the provision of aviation services and operating leases of commercial aircraft, aircraft engines, and other aircraft-related equipment to air carriers, manufacturers, and overhaul/repair facilities. It also engages in the selective purchase and resale of commercial aircraft engines. It operates through the Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment acquires and leases commercial aircraft and aircraft engines, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses. The Spare Parts Sales segment includes the purchase and resale of after-market engine parts, whole engines, engine modules, and portable aircraft components. The company was founded by Charles F. Willis, IV in 1985 and is headquartered in Coconut Creek, FL.

COCONUT CREEK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announces it has successfully delivered its fourth ATR 72-500 aircraft to Transportes Aéreos Guatemaltecos (TAG Airlines) (“TAG”) as part of its lease agreements with the airline for four ATR 72-500 aircraft. The aircraft were overhauled and refurbished and fitted with new Pratt & Whitney Canada PW127M engines.

Willis Lease Finance Corporation Completes Delivery of 4th ATR 72-500 Aircraft under its ConstantThrust® Engine Maintenance Program

COCONUT CREEK, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record annual total revenues of $418.6 million and pre-tax income of $67.1 million. For the year ended December 31, 2023, aggregate, core lease rent and maintenance reserve revenues were at an all-time record of $346.8 million, up 41.0% as compared to $246.0 million in 2022. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace.

Record Results for Willis Lease Finance Corporation in 2023

Borough Council Approved Willis' Reserved Matters Planning Application for its Carbonshift PtL SAF Refinery Project Borough Council Approved Willis' Reserved Matters Planning Application for its Carbonshift PtL SAF Refinery Project

Willis Sustainable Fuels (UK) Limited Approved for Construction of Sustainable Aviation Fuel (“SAF”) Refinery at Teesworks, UK

Curran brings a wealth of aerospace industry experience in corporate scaling and integration strategies across the engine and airframe segments Curran brings a wealth of aerospace industry experience in corporate scaling and integration strategies across the engine and airframe segments

Willis Lease Finance Corporation Welcomes Brendan Curran to its Board of Directors

Funding to Support Planned Development of New Power-to-Liquid (PtL) Sustainable Aviation Fuel (SAF) Refinery at Teesworks in Northeastern England Funding to Support Planned Development of New Power-to-Liquid (PtL) Sustainable Aviation Fuel (SAF) Refinery at Teesworks in Northeastern England

Willis Sustainable Fuels (UK) Limited, Awarded £4.721M Grant in UK's Advanced Fuels Fund (AFF) Competition

Willis Lease Finance Corporation has shown higher returns than the general market, with a 3.2% appreciation in stock. The company's exposure to aircraft engines, which have high residual value, makes it an appealing investment. The stock has significant upside based on EV/EBITDA valuation.

Willis Lease Finance: Attractive Business With Huge Potential

COCONUT CREEK, Fla., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported third quarter total revenues of $105.7 million and pre-tax earnings of $20.3 million. For the three months ended September 30, 2023, aggregate lease rent and maintenance reserve revenues were $91.3 million and spare parts and equipment sales were $3.4 million. The Company reported increased total revenues in the third quarter when compared to the prior year period, primarily due to an increase in the Company's core lease rent and short-term maintenance revenues.

Willis Lease Finance Corporation Reports Third Quarter Pre-tax Income of $20.3 million

Willis Lease Finance Corporation is a good business that is likely to continue growing. The company's book value is significantly understated due to the recording of assets at cost and the acquisition of cheap assets during COVID-19. WLFC is well-positioned to benefit from the upcoming spike in MRO visits and the scarcity of spare engines, creating a high demand for their services.

Willis Lease Finance Corporation: Significantly Undervalued Assets And Strong Industry Tailwinds

COCONUT CREEK, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust VII (“WEST”), has priced $410.0 million in aggregate principal amount of fixed rate notes (the “Notes”). The Notes will be secured by, among other things, WEST's direct and indirect interests in a portfolio of 51 aircraft engines and four airframes. The planned closing date is October 31, 2023.

Willis Lease Announces Pricing of $410.0 Million in Fixed Rate Notes

Partners with Tees Valley Combined Authority to Launch First PtL SAF Refinery in Northeastern England Partners with Tees Valley Combined Authority to Launch First PtL SAF Refinery in Northeastern England

Willis Lease Finance Corporation Announces Teesworks as Site for Innovative New, Power-to-Liquid (PtL) Sustainable Aviation Fuel (SAF) Project

Willis Lease Finance Corporation is a lessor and servicer of commercial aircraft and aircraft engines, with a focus on engine leasing. The company's revenues have been growing, driven by lease rent and maintenance revenues. Willis Lease Finance stock is currently fully valued based on its earnings and EV/EBITDA multiple, but there is upside potential.

Willis Lease Finance: Engines To Grow The Business

COCONUT CREEK, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported second quarter total revenues of $109.0 million and pre-tax earnings of $19.0 million. For the three months ended June 30, 2023, aggregate lease rent and maintenance reserve revenues were $89.8 million and spare parts and equipment sales were $4.6 million. The Company reported increased total revenues in the second quarter when compared to the prior year period, primarily due to an increase in the Company's core lease rent and short-term maintenance revenues driven by continued global recovery in travel.

Willis Lease Finance Corporation Reports Second Quarter Pre-tax Income of $19.0 million

COCONUT CREEK, Fla., July 17, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and provider of global aviation service operations for more than 45 years, today announced an innovative project to develop and produce Power-to-Liquid (“PtL”) Sustainable Aviation Fuel (“SAF”).

Willis Lease Finance Corporation Undertakes New, Innovative “Power-to-Liquid” (PtL) Sustainable Aviation Fuel (SAF) Project

COCONUT CREEK, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported first quarter total revenues of $89.5 million and pre-tax earnings of $6.8 million. For the three months ended March 31, 2023, aggregate lease rent and maintenance reserve revenues were $76.7 million and spare parts and equipment sales were $5.1 million. The Company reported increased total revenues in the first quarter when compared to the prior year period, primarily due to an increase in the Company's core lease rent and short-term maintenance revenues.

Willis Lease Finance Corporation Reports First Quarter Pre-tax Income of $6.8 million

COCONUT CREEK, Fla., March 09, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported annual total revenues of $311.9 million and pre-tax income of $9.8 million. For the year ended December 31, 2022, aggregate lease rent and maintenance reserve revenues were $246.0 million and spare parts and equipment sales were $27.0 million. The Company reported increased total revenues in the fourth quarter when compared to the prior year period, primarily due to an increase in the Company's core lease rent and short-term maintenance revenues.

Willis Lease Finance Corporation Reports Annual Pre-tax Income of $9.8 million

COCONUT CREEK, Fla., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announced today that its United Kingdom subsidiary, Willis Aviation Services Limited (“WASL”), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72, and Embraer 135/145 aircraft. These latest approvals complement WLFC's existing UK CAA and EASA line maintenance approval capabilities at its facility at Teesside International Airport in the UK and expand upon WLFC's successful vertical integration through engine and aircraft MRO services. WASL's offerings also include aircraft disassembly, short- and long-term aircraft storage and preservation, line maintenance, return to service, as well as ground and cargo handling services.

Willis Lease Finance Corporation Announces Aircraft Base Maintenance Approvals

Agenus

Apollo Global Management

MaxCyte

Novo Nordisk

Trip.com

Tuniu Corp

Although a new year tends to bring feelings of optimism, when it comes to the current market dynamics, it's time to consider hot stocks to book profits in before 2023 arrives. At first, circumstances appeared favorable, with CNN reporting on Dec. 13 that inflation cooled more than expected.

7 Hot Stocks to Book Profits In Before 2023

NEW YORK , Nov. 21, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Willis Lease Finance Corporation (NASDAQ: WLFC). If you are a shareholder of Willis Lease Finance Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/willis-lease-finance-corporation/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Willis Lease Finance Corporation for Potential Breaches of Fiduciary Duty By Its Board of Directors

COCONUT CREEK, Fla., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported third quarter total revenues of $76.9 million and pre-tax earnings of $8.4 million. For the three months ended September 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.0 million and spare parts and equipment sales were $7.0 million. The Company reported increased total revenues in the third quarter when compared to the prior year period, primarily due to an increase in lease rent revenue.

Willis Lease Finance Corporation Reports Third Quarter Pre-tax Income of $8.4 million

COCONUT CREEK, Fla., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) is excited to announce that it is joining the 2022 Green Berets at Golden Bear charity golf tournament as its Title Sponsor. The tournament has already raised over $125,000 in sponsorships and donations, with net proceeds exclusively benefitting the Green Beret Foundation (“GBF”).

Willis Lease Finance Corporation Named Title Sponsor for Green Beret Foundation Charity Event

COCONUT CREEK, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) has announced it will unite its multiple WLFC businesses under new branding that will more clearly demonstrate the extent of its combined offerings.

Willis Lease Finance Corporation Rebrands Following Significant Growth

COCONUT CREEK, Fla., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Air India has signed definitive sale and lease back agreements with Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) for 34 CFM56-5B engines installed on its Airbus A320 family fleet.

Air India and Willis Lease Finance Corporation Ink Historic ConstantThrust® Engine Sale & Leasebacks

COCONUT CREEK, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) (“Willis Lease”) announced that its wholly owned subsidiary, Willis Asset Management Limited (“Willis Asset”), has been selected by Peach Aviation Limited as its dedicated aircraft CAMO provider in support of A320 aircraft redeliveries taking place at various Maintenance, Repair & Overhauls (“MROs”) in Asia and Europe. With longstanding technical asset management experience, Willis Asset is committed to providing efficient, customized and cost-effective solutions supporting airlines, lessors, MROs and financiers around the globe.

Willis Lease Finance Corporation's Subsidiary Named Dedicated Aircraft CAMO Provider by Peach Aviation Limited

COCONUT CREEK, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported second quarter total revenues of $78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.9 million and spare parts and equipment sales were $6.8 million. The Company reported increased total revenues in the second quarter when compared to the prior year period, primarily due to an increase in lease rent revenue and short-term maintenance revenue.

Willis Lease Finance Corporation Reports Second Quarter Pre-tax Income of $11.0 million

Willis Lease Finance Corporation is a market leader with a broad collection of engines and international operations. WLFC stock is trading at half of its 2019 price due to the disruption caused by COVID-19.

News for Willis Lease Finance Stock (WLFC)