WILLIS LEASE FINANCE CORP Income Statement
WLFC / Industrials|15 years of annual SEC 10-K data (FY2010-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
WILLIS LEASE FINANCE CORP reported $569M in revenue and $109M in net income for FY2024. Revenue has grown at a 21.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.52 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $569.2M | $311.9M | $274.2M | $288.7M | $409.2M | $409.2M | $207.3M | $274.8M | $207.3M | $198.1M | $174.1M | $158.4M | $148.1M | $156.7M | $35.7M |
| Cost of Revenue | - | - | - | - | - | $62.6M | $13.3M | $40.8M | $13.3M | - | - | - | - | - | - |
| SG&A Expense | $146.8M | $92.5M | $75.3M | $67.9M | $86.5M | $86.5M | $47.8M | $55.7M | $47.8M | $42.7M | $35.9M | $33.9M | $34.6M | $35.7M | $29.3M |
| Operating Income | $144.4M | $9.9M | $8.3M | $14.7M | $80.3M | $80.3M | $22.1M | $28.9M | $22.1M | $11.6M | $10.4M | $7.8M | $937.0K | $22.6M | $18.6M |
| Interest Expense | $104.8M | $66.7M | $68.0M | $63.0M | $66.9M | $66.9M | $41.1M | $48.7M | $41.1M | $39.0M | $37.1M | $38.7M | $31.7M | $35.2M | $40.9M |
| Income Tax | $44.0M | $4.4M | $5.8M | $7.6M | $22.0M | $22.0M | $9.9M | -$26.1M | $9.9M | $6.3M | $4.6M | -$4.3M | $1.2M | $9.4M | $7.6M |
| Net Income | $108.6M | $5.4M | $3.4M | $9.7M | $66.9M | $66.9M | $14.1M | $62.2M | $14.1M | $6.5M | $7.2M | $15.6M | $1.5M | $14.5M | $3.0M |
| EPS (Basic) | $6.40 | $0.35 | $0.00 | $1.07 | $10.90 | $6.75 | $2.10 | $0.83 | $0.91 | $1.95 | -$0.45 | $1.35 | $0.26 | $2.30 | $0.26 |
| EPS (Diluted) | $6.23 | $0.33 | $0.00 | $1.05 | $10.50 | $6.60 | $2.05 | $0.81 | $0.88 | $1.89 | -$0.43 | $1.28 | $0.24 | $2.14 | $0.24 |
| Shares Outstanding | 6.5M | 6.3M | 6.3M | 6.1M | 6.0M | 6.2M | 6.4M | 6.4K | 7.5M | 8.3M | 8.4M | 8.7M | 9.1M | 9.2M | 9.3M |
| Operating Margin | 25.4% | 3.2% | 3.0% | 5.1% | 19.6% | 19.6% | 10.7% | 10.5% | 10.7% | 5.9% | 6.0% | 4.9% | 0.6% | 14.4% | 52.0% |
| Profit Margin | 19.1% | 1.7% | 1.2% | 3.4% | 16.4% | 16.4% | 6.8% | 22.6% | 6.8% | 3.3% | 4.1% | 9.9% | 1.0% | 9.3% | 8.5% |