WILLIS LEASE FINANCE CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $730.2M | $569.2M | $418.6M | $311.9M | $274.2M |
| Operating income | $104.3M | $144.4M | $64.2M | $9.9M | $8.3M |
| Interest expense | $132.1M | $104.8M | $78.8M | $66.7M | $68.0M |
| Pretax income | $160.6M | $152.6M | $67.1M | $9.8M | $9.1M |
| Income tax expense | $46.8M | $44.0M | $23.3M | $4.4M | $5.8M |
| Net income | $113.8M | $108.6M | $43.8M | $5.4M | $3.4M |
| Balance Sheet | |||||
| Cash and equivalents | $16.4M | $9.1M | $7.1M | $12.1M | $14.3M |
| Total assets | $3.9B | $3.3B | $2.7B | $2.6B | $2.5B |
| Total liabilities | $3.2B | $2.7B | $2.2B | $2.1B | $2.0B |
| Total debt | $2.7B | $2.3B | $1.8B | $1.9B | $1.8B |
| Stockholders' equity | $662.1M | $549.3M | $439.0M | $404.7M | $375.9M |
| Cash Flow Statement | |||||
| Cash from operations | $283.2M | $284.4M | $229.7M | $144.4M | $90.7M |
| Depreciation and amortization | $111.6M | $92.5M | $90.9M | $88.3M | $90.5M |
| Stock-based compensation | $44.6M | $29.2M | $14.8M | $13.6M | $16.6M |
| Capital expenditure | $31.1M | $15.6M | $5.1M | $6.6M | $2.2M |
| Free cash flow | $252.2M | $268.8M | $224.6M | $137.8M | $88.5M |
| Dividends paid | $8.7M | $10.7M | $0 | — | — |
| Share repurchases | $3.8M | $0 | $9.4M | $5.2M | $10.1M |
Shares outstanding 7.0M · Free float 14.0%
Annual filing data through FY ended December 31, 2025; float as of August 19, 2026.
Earnings
Other Coverage
August 26, 2026
Deals
Willis Lease Finance to Buy 12 Aircraft and 13 Engines
July 16, 2026
Small-Cap Signal
AI Infrastructure Pivot Trumps Legacy Cloud Resale
July 15, 2026
Deals
Willis Lease to Buy 12 Aircraft, 13 Engines in Asset Deal
June 30, 2026
Share Count Trends
Utilities Lead Quarterly Dilution as Materials Buybacks Gain