Willis Lease Finance Corporation (WLFC)

USD 196.51

(-7.96%)

Market Cap (In USD)

1.29 Billion

Revenue (In USD)

407.97 Million

Net Income (In USD)

40.37 Million

Avg. Volume

26.57 Thousand

Currency
USD
Country
Industrials
Open
-
Prev. Close
-
Day Range
-
Year Range
45.32-235.43
PE
-
EPS
-
Beta Value
1.06
ISIN
US9706461053
CUSIP
970646105
CIK
1018164
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Industrials
Industry
Rental & Leasing Services
CEO
Mr. Austin Chandler Willis
Employee Count
-
Website
https://www.willislease.com
Ipo Date
1996-09-18
Details
Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses. The Spare Parts Sales segment purchases and resells after-market engine parts, whole engines, engine modules, and portable aircraft components. The company also focuses on engine management and consulting business. It serves commercial aircraft operators, as well as maintenance, repair, and overhaul organizations. As of December 31, 2021, it had a total lease portfolio of 304 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, and with 76 lessees in 40 countries; and managed a total lease portfolio of 475 engines, aircraft, and related equipment for other parties. The company was founded in 1985 and is headquartered in Coconut Creek, Florida.