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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›WLFC›Financials
Annual statements · SEC XBRL · FY2015 – FY2024

WILLIS LEASE FINANCE CORP (WLFC) financials

Income statement

WILLIS LEASE FINANCE CORP (WLFC) income statement, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue$198M$207M$275M$348M$409M$289M$274M$312M$419M$569M
Revenue growth—4.7%32.6%26.7%17.5%-29.4%-5.0%13.8%34.2%36.0%
Operating income$11.6M$22.1M$28.9M$52.5M$80.3M$14.7M$8.34M$9.86M$64.2M$144M
Operating margin5.9%10.7%10.5%15.1%19.6%5.1%3.0%3.2%15.3%25.4%
Net income$6.46M$14.1M$62.2M$43.2M$66.9M$9.75M$3.35M$5.44M$43.8M$109M
Net margin3.3%6.8%22.6%12.4%16.4%3.4%1.2%1.7%10.5%19.1%
EPS (diluted)$0.81$2.05$9.69$6.60$10.50$1.05$0.00$0.33$6.23$15.34

Cash flow

WILLIS LEASE FINANCE CORP (WLFC) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow$97.8M$91.6M$137M$189M$230M$93.4M$90.7M$144M$230M$284M
Capital expenditures$3.99M$1.01M$10.8M$3.49M$6.33M$2.98M$2.17M$6.63M$5.14M$15.6M
Free cash flow$93.8M$90.6M$126M$185M$224M$90.5M$88.5M$138M$225M$269M
Share buybacks$16.5M$29.0M$3.55M$16.1M$3.57M$1.51M$10.1M$5.25M$9.43M$11.6M
Dividends paid————————$0.00$10.7M

Balance sheet

WILLIS LEASE FINANCE CORP (WLFC) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash & equivalents$9.73M$10.1M$7.05M$11.7M$6.72M$42.5M$14.3M$12.1M$7.07M$9.11M
Total assets$1.29B$1.34B$1.60B$1.93B$1.94B$2.36B$2.46B$2.58B$2.65B$3.30B
Total liabilities$1.09B$1.12B$1.30B$1.60B$1.54B$1.95B$2.04B$2.12B$2.16B$2.68B
Long-term debt$866M$900M$1.09B$1.34B$1.25B$1.69B$1.79B$1.85B$1.80B$2.26B
Shareholders' equity$209M$196M$259M$287M$350M$364M$376M$405M$439M$549M
Retained earnings$181M$195M$256M$287M$349M$355M$355M$357M$398M$491M
Shares (wtd avg diluted)7.99M6.71M6.22M6.05M6.06M6.13M6.35M6.30M6.48M6.80M

Every figure is extracted from WILLIS LEASE FINANCE CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is WILLIS LEASE FINANCE CORP's annual revenue?
WILLIS LEASE FINANCE CORP (WLFC) reported $569M of revenue for fiscal year 2024 — up 36.0% from $419M in FY2023, per its annual report filed with the SEC.
Is WILLIS LEASE FINANCE CORP profitable?
Yes — WLFC earned $109M of net income in FY2024, a 19.1% net margin, per SEC filings.
What is WILLIS LEASE FINANCE CORP's free cash flow?
$269M in FY2024 (operating cash flow $284M minus $15.6M of capital expenditures), from the SEC cash-flow statement.
Does WLFC pay a dividend?
Yes — WILLIS LEASE FINANCE CORP paid $10.7M in cash dividends during FY2024, per its SEC cash-flow statement.
Full WLFC analysis — verdict, score & filings →Is WLFC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.