OverviewSuggest Edit

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.
TypePublic
Founded1985
HQCoconut Creek, US
Websitewillislease.com

Latest Updates

Employees (est.) (Dec 2018)175(+13%)
Revenue (FY, 2019)$409.2 M(+18%)
Share Price (May 2020)$21.1 (-8%)

Key People/Management at Willis Lease Finance

Charles F. Willis

Charles F. Willis

Chief Executive Officer & Chairman
Brian R. Hole

Brian R. Hole

President
Hans Jörg Hunziker

Hans Jörg Hunziker

Director
Austin C. Willis

Austin C. Willis

Director
Scott B. Flaherty

Scott B. Flaherty

Senior Vice President & Chief Financial Officer
Dean M. Poulakidas

Dean M. Poulakidas

Senior Vice President & General Counsel
Show more

Willis Lease Finance Office Locations

Willis Lease Finance has offices in Coconut Creek, Boynton Beach, Larkspur, San Diego and in 5 other locations
Coconut Creek, US (HQ)
4700 Lyons Technology Pkwy
Boynton Beach, US
2035 High Ridge Rd
Larkspur, US
60 E Sir Francis Drake Blvd #209
San Diego, US
13400 Sabre Springs Pkwy #170
Blagnac, FR
17 Avenue Didier Daurat
Dublin, IE
Connaught House, 1 Burlington Rd
Show all (10)

Willis Lease Finance Financials and Metrics

Willis Lease Finance Revenue

Willis Lease Finance's revenue was reported to be $409.16 m in FY, 2019
USD

Revenue (Q1, 2020)

81.6m

Net income (Q1, 2020)

4.3m

EBIT (Q1, 2020)

8.3m

Market capitalization (29-May-2020)

127.0m

Closing stock price (29-May-2020)

21.1

Cash (31-Mar-2020)

81.4m

EV

1.7b
Willis Lease Finance's current market capitalization is $127 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

156.7m148.1m158.4m174.3m199.6m207.3m274.8m348.3m409.2m

Revenue growth, %

10%15%(72%)

Cost of goods sold

61.0m62.6m

Gross profit

287.3m346.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

38.7m39.5m35.7m35.2m37.5m35.3m38.0m38.0m43.0m42.3m42.7m42.8m43.2m57.8m50.6m49.6m51.5m77.9m67.8m65.9m63.9m74.3m78.0m103.8m95.8m120.4m81.6m

Cost of goods sold

4.8m5.9m5.8m14.4m12.6m20.2m

Gross profit

59.1m68.4m72.1m89.4m83.2m100.2m

Gross profit Margin, %

93%92%93%86%87%83%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

6.4m5.4m12.8m13.5m9.7m10.1m7.1m11.7m6.7m

Accounts Receivable

8.4m12.9m13.3m8.9m14.1m18.8m23.3m24.1m

Inventories

3.3m41.8m

PP&E

6.9m6.0m5.0m18.0m20.2m26.1m27.7m31.5m
USDY, 2020

EV/EBIT

200.8 x

EV/CFO

59.2 x

Financial Leverage

6.6 x
Show all financial metrics

Willis Lease Finance Online and Social Media Presence

Embed Graph

Willis Lease Finance News and Updates

Willis Lease Finance Corporation Reports Annual Pre-tax Profit of $88.9 million

COCONUT CREEK, Fla., March 11, 2020 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported annual total revenues of $409.2 million and pre-tax profit of $88.9 million for the year ended December 31, 2019. The Company’s 2019 pre-tax results were driven by continued leasi…

Willis Lease Finance Corporation Reports Record Quarterly Pre-tax Profit of $31.1 million

COCONUT CREEK, Fla., Nov. 04, 2019 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported record quarterly pre-tax profit and total revenues of $31.1 million and $120.4 million, respectively. The Company’s third quarter 2019 pre-tax results were driven by strong leasing…

Willis Lease Finance Corporation Continued Solid Performance Posting a Quarterly Pre-tax Profit of $21.8 Million

COCONUT CREEK, Fla., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported pre-tax profit of $21.8 million and total revenues of $95.8 million in the second quarter of 2019. The Company’s second quarter 2019 pre-tax results were driven by continued revenu…

Willis Lease Finance Corporation Reports Record Quarterly Pre-tax Profit of $27.8 million

COCONUT CREEK, Fla., May 06, 2019 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported pre-tax profit of $27.8 million and total revenues of $103.8 million in the first quarter of 2019. The Company’s first quarter 2019 pre-tax results were driven by continued revenue …

Willis Lease Finance Corporation Reports Record Annual Pre-tax Profit of $56.3 Million

COCONUT CREEK, Fla., March 13, 2019 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today reported a record annual pre-tax profit of $56.3 million, from $36.0 million in 2017, including record total revenues of $348.3 million. The Company’s 2018 pretax results were driven by co…

Willis Lease Finance Closes Ten Aircraft Sale and Leaseback with easyJet Airline

COCONUT CREEK, Fla., Jan. 08, 2019 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today announced the closing of a sale and leaseback transaction on ten Airbus A319 aircraft with easyJet Airline. The aircraft are powered by CFM56-5B engines. The deal combines elements from acr…
Show more

Willis Lease Finance Frequently Asked Questions

  • When was Willis Lease Finance founded?

    Willis Lease Finance was founded in 1985.

  • Who are Willis Lease Finance key executives?

    Willis Lease Finance's key executives are Charles F. Willis, Brian R. Hole and Hans Jörg Hunziker.

  • How many employees does Willis Lease Finance have?

    Willis Lease Finance has 175 employees.

  • What is Willis Lease Finance revenue?

    Latest Willis Lease Finance annual revenue is $409.2 m.

  • What is Willis Lease Finance revenue per employee?

    Latest Willis Lease Finance revenue per employee is $2.3 m.

  • Who are Willis Lease Finance competitors?

    Competitors of Willis Lease Finance include Era Group, Aircastle and Amerco.

  • Where is Willis Lease Finance headquarters?

    Willis Lease Finance headquarters is located at 4700 Lyons Technology Pkwy, Coconut Creek.

  • Where are Willis Lease Finance offices?

    Willis Lease Finance has offices in Coconut Creek, Boynton Beach, Larkspur, San Diego and in 5 other locations.

  • How many offices does Willis Lease Finance have?

    Willis Lease Finance has 10 offices.