Willis Lease Finance Corporation is a leasing company specializing in commercial aircraft engines. The Company operates through two business segments, such as Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves acquiring and leasing commercial aircraft, aircraft engines and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment. The Spare Parts Sales segment involves the purchase and resale of after-market engine and airframe parts, whole engines, engine modules and portable aircraft components, and leasing of engines destined for disassembly and sale of parts. The Company's business activities also include equipment leasing and spare parts sales.
Type
Public
HQ
Novato, US
Founded
1985
Size (employees)
147 (est)+42%
Willis Lease Finance Corporation was founded in 1985 and is headquartered in Novato, US
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Willis Lease Finance Corporation Office Locations

Willis Lease Finance Corporation has offices in San Diego and Novato
Novato, US (HQ)
773 San Marin Drive, Suite 2215
San Diego, US
6495 Marindustry Place
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Willis Lease Finance Corporation Financials and Metrics

Willis Lease Finance Corporation Financials

Willis Lease Finance Corporation's revenue was reported to be $274.84 m in FY, 2017
USD

Revenue (FY, 2017)

274.8 m

Net income (FY, 2017)

62.2 m

Market capitalization (23-Apr-2018)

213.9 m

Cash (31-Dec-2017)

7.1 m
Willis Lease Finance Corporation's current market capitalization is $213.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

158.4 m174.3 m199.6 m55.5 m274.8 m

Revenue growth, %

10%15%(72%)

General and administrative expense

55.7 m

Operating expense total

246 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

43.2 m57.8 m50.6 m49.6 m51.5 m77.9 m67.8 m

General and administrative expense

9.1 m11.7 m11.8 m10.7 m12.3 m13.2 m13.1 m

Operating expense total

44.3 m53.6 m44.1 m43.9 m45.6 m65.4 m58.8 m

Interest expense

9.9 m9.8 m10 m10.4 m10.2 m11.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

12.8 m13.5 m9.7 m10.1 m7.1 m

Accounts Receivable

Inventories

3.3 m

Total Assets

1.2 b1.3 b1.3 b1.3 b1.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

4 m15.6 m12.4 m10.8 m15.6 m16.2 m9.2 m12.7 m21.1 m10.7 m11.9 m11.3 m

Inventories

3.3 m14 m

Total Assets

1.1 b1.2 b1.2 b1.2 b1.3 b1.3 b1.3 b1.3 b1.3 b1.3 b1.3 b1.4 b

Accounts Payable

12.9 m18.9 m19.6 m20.9 m12.6 m19.7 m18.9 m23.1 m19.2 m15.7 m22.2 m24.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

15.6 m7.2 m7.4 m14.1 m62.2 m

Depreciation and Amortization

58.7 m65.4 m69.6 m66.3 m66 m

Inventories

Accounts Payable

(23 k)(1.9 m)1.7 m2.3 m1.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

9.1 m4.3 m6.5 m7.5 m2.3 m1.8 m4.4 m3.8 m7.4 m11.4 m8.2 m6 m

Depreciation and Amortization

43.6 m15.7 m31.4 m48.2 m17.7 m35.4 m52.5 m16.6 m32.6 m49.2 m16.6 m16 m

Inventories

(350 k)(11.2 m)

Accounts Payable

(1.2 m)1.7 m2.6 m5.3 m(917 k)(3.5 m)(7.7 m)(282 k)(2.3 m)(1.7 m)3.8 m8.1 m
USDY, 2017

Revenue/Employee

2.2 m

Financial Leverage

6.2 x
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