AerSale (ASLE) Financials

$5.90 -0.07 (-1.17%)

Closing price 04:00 PM Eastern

Extended Trading

$5.89 -0.01 (-0.17%)

As of 04:04 PM Eastern

Annual Income Statements for AerSale

This table shows AerSale's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	5.85	-5.56	44
Consolidated Net Income / (Loss)	5.85	-5.56	44
Net Income / (Loss) Continuing Operations	5.85	-5.56	44
Total Pre-Tax Income	7.84	-7.68	58
Total Operating Income	9.74	-11	55
Total Gross Profit	104	92	151
Total Revenue	345	335	409
Operating Revenue	345	335	409
Total Cost of Revenue	241	242	257
Operating Cost of Revenue	241	242	257
Total Operating Expenses	94	103	96
Selling, General & Admin Expense	94	103	96
Total Other Income / (Expense), net	-1.91	3.09	2.84
Interest & Investment Income	-5.70	0.16	1.09
Other Income / (Expense), net	3.80	2.94	1.74
Income Tax Expense	1.99	-2.12	14
Basic Earnings per Share	$0.11	($0.11)	$0.85
Weighted Average Basic Shares Outstanding	53.11M	51.29M	51.57M
Diluted Earnings per Share	$0.11	($0.15)	$0.83
Weighted Average Diluted Shares Outstanding	53.36M	51.46M	53.15M
Weighted Average Basic & Diluted Shares Outstanding	53.28M	51.99M	51.21M

This table shows AerSale's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	2.70	0.51	-3.64	6.28	-2.73	-0.15	-2.69	0.01	9.19	-9.01
Consolidated Net Income / (Loss)	2.70	0.51	-3.64	6.28	-2.73	-0.15	-2.69	0.01	9.19	-9.01
Net Income / (Loss) Continuing Operations	2.70	0.51	-3.64	6.28	-2.73	-0.15	-2.69	0.01	9.19	-9.01
Total Pre-Tax Income	4.51	0.59	-3.14	5.88	-0.64	-2.11	-5.05	0.11	13	-10
Total Operating Income	4.94	2.00	-1.85	4.66	-1.05	-1.93	-6.96	-0.83	9.13	-8.49
Total Gross Profit	30	24	22	29	24	23	20	24	34	15
Total Revenue	95	83	77	91	94	92	69	78	95	51
Operating Revenue	95	83	77	91	94	92	69	78	95	51
Total Cost of Revenue	65	59	55	62	70	69	49	54	61	36
Operating Cost of Revenue	65	59	55	62	70	69	49	54	61	36
Total Operating Expenses	25	22	24	24	25	25	27	25	25	24
Selling, General & Admin Expense	25	22	24	24	25	25	27	25	25	24
Total Other Income / (Expense), net	-0.42	-1.41	-1.29	1.21	0.41	-0.18	1.91	0.95	4.18	-1.59
Interest & Investment Income	-1.47	-1.77	-1.53	-0.94	-1.02	-0.25	0.38	1.05	1.08	0.39
Other Income / (Expense), net	1.05	0.36	0.24	2.15	1.43	0.07	1.53	-0.10	3.10	-1.98
Income Tax Expense	1.81	0.08	0.50	-0.40	2.09	-1.96	-2.36	0.11	4.11	-1.07
Basic Earnings per Share	$0.05	$0.01	($0.07)	$0.12	($0.06)	$0.00	($0.05)	$0.00	$0.18	($0.17)
Weighted Average Basic Shares Outstanding	53.11M	53.21M	53.03M	52.99M	51.29M	51.32M	51.23M	51.21M	51.57M	51.75M
Diluted Earnings per Share	$0.05	$0.01	($0.07)	$0.12	($0.07)	$0.00	($0.08)	$0.00	$0.21	($0.17)
Weighted Average Diluted Shares Outstanding	53.36M	53.39M	53.03M	53.25M	51.46M	51.32M	51.40M	52.96M	53.15M	51.75M
Weighted Average Basic & Diluted Shares Outstanding	53.28M	53.21M	53.21M	53.01M	51.99M	51.33M	51.33M	51.22M	51.21M	51.77M

This table details how cash moves in and out of AerSale's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-1.18	-141	17
Net Cash From Operating Activities	11	-174	-0.11
Net Cash From Continuing Operating Activities	11	-174	-0.11
Net Income / (Loss) Continuing Operations	5.85	-5.56	44
Consolidated Net Income / (Loss)	5.85	-5.56	44
Depreciation Expense	16	10	11
Amortization Expense	0.70	0.76	1.33
Non-Cash Adjustments To Reconcile Net Income	35	5.40	2.58
Changes in Operating Assets and Liabilities, net	-46	-185	-59
Net Cash From Investing Activities	-16	3.09	41
Net Cash From Continuing Investing Activities	-16	3.09	41
Purchase of Property, Plant & Equipment	-29	-11	-16
Sale of Property, Plant & Equipment	13	14	53
Other Investing Activities, net	0.00	0.00	4.20
Net Cash From Financing Activities	3.77	30	-24
Net Cash From Continuing Financing Activities	3.77	30	-24
Repayment of Debt	-192	-55	0.00
Issuance of Debt	195	91	0.00
Issuance of Common Equity	0.53	0.57	0.54
Other Financing Activities, net	-0.12	-7.02	-25
Cash Interest Paid	5.65	1.52	0.57
Cash Income Taxes Paid	-0.01	1.16	21

This table details how cash moves in and out of AerSale's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-5.09	5.50	1.65	-3.24	2.72	-31	-53	-59	-4.19	-46
Net Cash From Operating Activities	38	10	-15	-21	-6.10	-39	-67	-62	2.27	-44
Net Cash From Continuing Operating Activities	38	10	-15	-21	-8.73	-36	-67	-62	2.27	-44
Net Income / (Loss) Continuing Operations	2.70	0.51	-3.64	6.28	-2.73	-0.15	-2.69	0.01	9.19	-9.01
Consolidated Net Income / (Loss)	2.70	0.51	-3.64	6.28	-2.73	-0.15	-2.69	0.01	9.19	-9.01
Depreciation Expense	5.10	4.51	3.66	2.78	2.87	2.52	2.60	2.47	2.40	2.83
Amortization Expense	0.34	0.12	0.12	0.12	0.16	0.18	0.28	0.14	0.99	0.12
Non-Cash Adjustments To Reconcile Net Income	13	4.17	20	-2.48	4.43	6.90	2.72	-8.64	-3.72	3.24
Changes in Operating Assets and Liabilities, net	16	1.14	-35	-28	-13	-46	-70	-56	-6.59	-41
Net Cash From Investing Activities	-4.67	-2.46	-9.23	0.23	-3.59	-1.20	4.87	3.02	18	-2.28
Net Cash From Continuing Investing Activities	-4.67	-2.46	-9.23	0.23	-3.59	-1.20	4.87	3.02	18	-2.28
Purchase of Property, Plant & Equipment	-14	-2.46	-9.23	-3.57	-3.59	-2.95	-3.33	-1.48	-1.72	-3.68
Sale of Property, Plant & Equipment	9.10	-	-	3.80	-	1.75	8.20	4.50	16	1.40
Net Cash From Financing Activities	-38	-2.49	26	18	12	8.57	8.84	-0.07	-25	-
Net Cash From Continuing Financing Activities	-38	-2.49	26	18	12	8.57	8.84	-0.07	-25	-
Repayment of Debt	-100	-28	-20	-43	-38	-18	-	0.00	-	-
Issuance of Debt	62	25	46	62	57	26	8.56	0.00	-	-
Issuance of Common Equity	0.21	-	-	-	0.29	-	-	-	0.19	-
Cash Interest Paid	1.48	1.74	1.51	0.93	0.95	0.29	0.15	0.14	-0.28	0.43
Cash Income Taxes Paid	0.01	-0.09	0.07	0.00	-0.15	0.03	1.38	-0.10	6.85	5.07

This table presents AerSale's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	605	554	532
Total Current Assets	284	265	334
Cash & Equivalents	4.70	5.87	147
Accounts Receivable	35	31	28
Inventories, net	232	214	145
Prepaid Expenses	11	13	13
Current Deferred & Refundable Income Taxes	1.99	1.63	0.00
Plant, Property, & Equipment, net	36	28	13
Total Noncurrent Assets	284	261	185
Goodwill	20	20	20
Intangible Assets	21	22	24
Noncurrent Deferred & Refundable Income Taxes	10	12	11
Other Noncurrent Operating Assets	233	206	130
Other Noncurrent Nonoperating Assets	1.30	1.51	0.54
Total Liabilities & Shareholders' Equity	605	554	532
Total Liabilities	149	109	87
Total Current Liabilities	75	46	53
Short-Term Debt	0.61	1.28	0.00
Accounts Payable	34	30	21
Accrued Expenses	7.40	5.48	8.84
Customer Deposits	1.73	1.47	17
Current Deferred Revenue	1.78	3.00	1.36
Other Current Liabilities	29	4.59	4.43
Total Noncurrent Liabilities	74	63	34
Long-Term Debt	1.21	7.28	0.00
Other Noncurrent Operating Liabilities	73	56	34
Total Equity & Noncontrolling Interests	456	445	445
Total Preferred & Common Equity	456	445	445
Total Common Equity	456	445	445
Common Stock	316	312	306
Retained Earnings	139	133	139

This table presents AerSale's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	601	599	572	554	550	537	510
Total Current Assets	340	296	288	286	312	326	326
Cash & Equivalents	9.79	4.29	2.64	3.15	35	88	151
Accounts Receivable	34	37	30	30	32	36	39
Inventories, net	276	235	241	237	234	175	132
Prepaid Expenses	18	18	13	15	12	27	3.47
Current Deferred & Refundable Income Taxes	2.04	1.70	1.63	1.31	-	-	-
Plant, Property, & Equipment, net	73	64	54	55	48	47	12
Total Noncurrent Assets	189	239	230	213	189	133	172
Goodwill	20	20	20	20	20	20	20
Intangible Assets	21	21	21	23	23	24	25
Noncurrent Deferred & Refundable Income Taxes	12	12	13	14	13	11	13
Other Noncurrent Operating Assets	135	184	174	155	133	78	114
Other Noncurrent Nonoperating Assets	1.26	1.34	1.42	1.59	0.32	0.43	0.66
Total Liabilities & Shareholders' Equity	601	599	572	554	550	537	510
Total Liabilities	150	149	120	103	102	90	54
Total Current Liabilities	47	43	40	57	63	57	45
Short-Term Debt	0.19	0.09	1.03	0.63	-	-	-
Accounts Payable	35	29	26	39	26	35	22
Accrued Expenses	6.22	6.36	5.72	3.92	5.55	5.37	7.83
Customer Deposits	0.91	0.64	0.81	6.44	24	9.10	10
Current Deferred Revenue	0.85	2.29	2.01	2.39	3.07	2.70	3.52
Other Current Liabilities	4.06	4.24	4.40	4.58	4.59	-	-
Total Noncurrent Liabilities	103	106	79	46	39	5.22	9.09
Long-Term Debt	0.38	0.52	3.53	7.93	8.56	-	-
Other Noncurrent Operating Liabilities	102	105	76	38	30	5.22	7.79
Total Equity & Noncontrolling Interests	452	450	452	451	448	448	456
Total Preferred & Common Equity	452	450	452	451	448	448	456
Total Common Equity	452	450	452	451	448	448	456
Common Stock	315	314	312	315	312	309	326
Retained Earnings	136	136	140	136	136	139	130

This table displays calculated financial ratios and metrics derived from AerSale's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	3.16%	-18.12%	20.01%
EBITDA Growth	795.09%	-95.10%	2.12%
EBIT Growth	272.84%	-113.79%	4.83%
NOPAT Growth	196.49%	-118.07%	-2.62%
Net Income Growth	205.18%	-112.68%	21.45%
EPS Growth	173.33%	-118.07%	9.21%
Operating Cash Flow Growth	106.42%	-154,015.04%	-100.14%
Free Cash Flow Firm Growth	101.30%	-806.29%	-74.51%
Invested Capital Growth	1.18%	50.11%	7.04%
Revenue Q/Q Growth	0.09%	-0.21%	-5.03%
EBITDA Q/Q Growth	36.00%	-78.28%	-9.68%
EBIT Q/Q Growth	70.59%	-295.51%	-11.71%
NOPAT Q/Q Growth	1,146.17%	-1,151.55%	-18.73%
Net Income Q/Q Growth	1,303.12%	-187.44%	-4.34%
EPS Q/Q Growth	1,200.00%	-215.38%	2.47%
Operating Cash Flow Q/Q Growth	134.46%	-5.05%	-100.22%
Free Cash Flow Firm Q/Q Growth	-86.11%	-3.09%	-68.36%
Invested Capital Q/Q Growth	2.36%	-1.95%	-2.18%
Profitability Metrics	-	-	-
Gross Margin	30.12%	27.63%	37.06%
EBITDA Margin	8.78%	1.01%	16.91%
Operating Margin	2.82%	-3.22%	13.47%
EBIT Margin	3.92%	-2.34%	13.90%
Profit (Net Income) Margin	1.70%	-1.66%	10.74%
Tax Burden Percent	74.66%	72.44%	75.78%
Interest Burden Percent	57.88%	98.02%	101.92%
Effective Tax Rate	25.34%	0.00%	24.22%
Return on Invested Capital (ROIC)	1.62%	-2.03%	14.51%
ROIC Less NNEP Spread (ROIC-NNEP)	96.54%	-4.72%	12.97%
Return on Net Nonoperating Assets (RNNOA)	-0.32%	0.78%	-4.24%
Return on Equity (ROE)	1.30%	-1.25%	10.27%
Cash Return on Invested Capital (CROIC)	0.45%	-42.10%	7.71%
Operating Return on Assets (OROA)	2.34%	-1.44%	11.15%
Return on Assets (ROA)	1.01%	-1.02%	8.61%
Return on Common Equity (ROCE)	1.30%	-1.25%	10.27%
Return on Equity Simple (ROE_SIMPLE)	1.28%	-1.25%	9.86%
Net Operating Profit after Tax (NOPAT)	7.27	-7.54	42
NOPAT Margin	2.11%	-2.25%	10.21%
Net Nonoperating Expense Percent (NNEP)	-94.92%	2.70%	1.54%
Return On Investment Capital (ROIC_SIMPLE)	1.59%	-1.66%	9.37%
Cost of Revenue to Revenue	69.88%	72.37%	62.94%
SG&A Expenses to Revenue	27.30%	30.85%	23.58%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.30%	30.85%	23.58%
Earnings before Interest and Taxes (EBIT)	14	-7.83	57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	30	3.38	69
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.74	1.46	1.89
Price to Tangible Book Value (P/TBV)	0.81	1.62	2.09
Price to Revenue (P/Rev)	0.97	1.95	2.06
Price to Earnings (P/E)	57.29	0.00	19.15
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	1.75%	0.00%	5.22%
Enterprise Value to Invested Capital (EV/IC)	0.74	1.47	2.33
Enterprise Value to Revenue (EV/Rev)	0.96	1.96	1.70
Enterprise Value to EBITDA (EV/EBITDA)	10.97	193.35	10.02
Enterprise Value to EBIT (EV/EBIT)	24.55	0.00	12.20
Enterprise Value to NOPAT (EV/NOPAT)	45.68	0.00	16.60
Enterprise Value to Operating Cash Flow (EV/OCF)	29.72	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	163.74	0.00	31.26
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.02	0.00
Long-Term Debt to Equity	0.00	0.02	0.00
Financial Leverage	0.00	-0.16	-0.33
Leverage Ratio	1.29	1.22	1.19
Compound Leverage Factor	0.74	1.20	1.22
Debt to Total Capital	0.40%	1.89%	0.00%
Short-Term Debt to Total Capital	0.13%	0.28%	0.00%
Long-Term Debt to Total Capital	0.26%	1.61%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.60%	98.11%	100.00%
Debt to EBITDA	0.06	2.53	0.00
Net Debt to EBITDA	-0.10	0.79	0.00
Long-Term Debt to EBITDA	0.04	2.15	0.00
Debt to NOPAT	0.25	-1.14	0.00
Net Debt to NOPAT	-0.40	-0.36	0.00
Long-Term Debt to NOPAT	0.17	-0.97	0.00
Altman Z-Score	2.73	4.96	7.94
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	3.79	5.79	6.31
Quick Ratio	0.52	0.81	3.32
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	2.03	-156	22
Operating Cash Flow to CapEx	69.34%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.60	0.62	0.80
Accounts Receivable Turnover	10.47	11.24	14.18
Inventory Turnover	1.08	1.35	2.13
Fixed Asset Turnover	10.78	16.59	8.75
Accounts Payable Turnover	7.53	9.49	12.51
Days Sales Outstanding (DSO)	34.85	32.47	25.74
Days Inventory Outstanding (DIO)	336.92	270.34	171.12
Days Payable Outstanding (DPO)	48.50	38.47	29.17
Cash Conversion Cycle (CCC)	323.27	264.34	167.70
Capital & Investment Metrics	-	-	-
Invested Capital	451	446	297
Invested Capital Turnover	0.77	0.90	1.42
Increase / (Decrease) in Invested Capital	5.25	149	20
Enterprise Value (EV)	332	654	693
Market Capitalization	335	652	840
Book Value per Share	$8.56	$8.67	$8.59
Tangible Book Value per Share	$7.80	$7.85	$7.75
Total Capital	457	454	445
Total Debt	1.81	8.56	0.00
Total Long-Term Debt	1.21	7.28	0.00
Net Debt	-2.88	2.69	-147
Capital Expenditures (CapEx)	16	-3.09	-37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	205	214	134
Debt-free Net Working Capital (DFNWC)	210	220	281
Net Working Capital (NWC)	209	219	281
Net Nonoperating Expense (NNE)	1.42	-1.98	-2.15
Net Nonoperating Obligations (NNO)	-4.18	1.18	-148
Total Depreciation and Amortization (D&A)	17	11	12
Debt-free, Cash-free Net Working Capital to Revenue	59.40%	64.11%	32.68%
Debt-free Net Working Capital to Revenue	60.76%	65.87%	68.71%
Net Working Capital to Revenue	60.59%	65.49%	68.71%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.11	($0.11)	$0.85
Adjusted Weighted Average Basic Shares Outstanding	53.11M	51.29M	51.21M
Adjusted Diluted Earnings per Share	$0.11	($0.15)	$0.83
Adjusted Weighted Average Diluted Shares Outstanding	53.36M	51.46M	51.21M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.28M	51.99M	51.21M
Normalized Net Operating Profit after Tax (NOPAT)	7.27	-7.54	42
Normalized NOPAT Margin	2.11%	-2.25%	10.21%
Pre Tax Income Margin	2.27%	-2.30%	14.17%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from AerSale's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.34%	-10.60%	11.22%	15.68%	-0.75%	81.34%	-50.34%	-36.26%	-18.54%	-30.42%
EBITDA Growth	234.86%	733.17%	185.10%	479.82%	-78.13%	111.13%	-107.07%	-93.31%	-32.19%	-350.03%
EBIT Growth	1,462.92%	226.82%	70.29%	829.23%	-96.87%	82.28%	-116.45%	-104.23%	-38.13%	-3,839.10%
NOPAT Growth	501.69%	228.18%	73.38%	13,614.48%	-111.66%	77.29%	-119.18%	-100.20%	-59.76%	-564.41%
Net Income Growth	198.90%	443.92%	-35.31%	125,440.00%	-129.72%	98.36%	-110.16%	-99.97%	-17.81%	-450.92%
EPS Growth	171.43%	0.00%	12.50%	0.00%	-133.33%	100.00%	-117.02%	-100.00%	10.53%	-325.00%
Operating Cash Flow Growth	715.48%	126.89%	77.04%	65.61%	-368.80%	10.86%	-3,520.12%	-245.05%	-95.69%	-345.58%
Free Cash Flow Firm Growth	98.47%	110.33%	85.24%	16.03%	-1,029.76%	-1,295.09%	-267.10%	-201.78%	-122.17%	108.82%
Invested Capital Growth	1.18%	-3.08%	5.43%	25.44%	50.11%	49.75%	60.67%	40.15%	7.04%	-5.80%
Revenue Q/Q Growth	14.58%	7.24%	-14.84%	-4.11%	2.10%	33.40%	-11.43%	-17.72%	86.54%	-63.47%
EBITDA Q/Q Growth	63.74%	222.64%	-77.72%	184.48%	307.40%	132.95%	-251.82%	-89.27%	307.24%	-120.93%
EBIT Q/Q Growth	154.18%	246.09%	-123.67%	1,678.33%	120.62%	65.78%	-480.94%	-107.64%	216.66%	-131.78%
NOPAT Q/Q Growth	70.74%	233.51%	-126.03%	777.07%	45.52%	72.27%	-13,112.46%	-100.58%	206.07%	-123.41%
Net Income Q/Q Growth	430.84%	114.00%	-157.94%	329.76%	-1,745.95%	94.49%	-53,860.00%	-99.95%	202.00%	-134.07%
EPS Q/Q Growth	400.00%	114.29%	-158.33%	271.43%	0.00%	100.00%	0.00%	-100.00%	223.53%	-136.17%
Operating Cash Flow Q/Q Growth	259.35%	168.15%	28.62%	-252.07%	84.30%	41.80%	-6.91%	-2,851.96%	105.21%	-2,263.67%
Free Cash Flow Firm Q/Q Growth	-114.53%	165.07%	72.09%	42.01%	1.88%	7.08%	-58.82%	-680.20%	-203.80%	-87.01%
Invested Capital Q/Q Growth	2.36%	-0.84%	-1.70%	1.41%	-1.95%	7.87%	16.95%	21.35%	-2.18%	15.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.40%	28.63%	28.17%	31.80%	25.86%	25.38%	29.05%	31.16%	35.97%	30.37%
EBITDA Margin	12.07%	8.44%	2.81%	10.73%	3.62%	0.91%	-3.67%	2.14%	16.41%	-14.77%
Operating Margin	5.21%	2.41%	-2.40%	5.15%	-1.11%	-2.09%	-10.04%	-1.06%	9.59%	-16.66%
EBIT Margin	6.32%	2.85%	-2.09%	7.52%	0.41%	-2.01%	-7.83%	-1.19%	12.85%	-20.55%
Profit (Net Income) Margin	2.85%	0.62%	-4.72%	6.93%	-2.89%	-0.16%	-3.88%	0.01%	9.66%	-17.67%
Tax Burden Percent	59.86%	86.71%	115.83%	106.82%	426.88%	7.02%	53.28%	4.42%	69.11%	89.37%
Interest Burden Percent	75.41%	24.93%	194.79%	86.27%	-167.10%	113.46%	92.98%	-12.10%	108.82%	96.25%
Effective Tax Rate	40.14%	13.29%	0.00%	-6.82%	0.00%	0.00%	0.00%	95.58%	30.89%	0.00%
Return on Invested Capital (ROIC)	2.40%	1.61%	-1.38%	4.69%	-0.70%	-1.29%	-6.03%	-0.06%	9.42%	-16.01%
ROIC Less NNEP Spread (ROIC-NNEP)	19.28%	38.30%	13.52%	1.69%	2.02%	-2.91%	-7.97%	-0.09%	7.35%	-13.16%
Return on Net Nonoperating Assets (RNNOA)	-0.06%	-0.28%	-0.47%	-0.16%	-0.33%	0.48%	1.97%	0.03%	-2.40%	3.36%
Return on Equity (ROE)	2.33%	1.33%	-1.85%	4.53%	-1.03%	-0.81%	-4.06%	-0.03%	7.02%	-12.65%
Cash Return on Invested Capital (CROIC)	0.45%	3.26%	-5.32%	-23.48%	-42.10%	-40.00%	-48.01%	-25.97%	7.71%	22.36%
Operating Return on Assets (OROA)	3.76%	1.70%	-1.29%	4.70%	0.25%	-1.27%	-4.31%	-0.84%	10.30%	-18.61%
Return on Assets (ROA)	1.70%	0.37%	-2.91%	4.34%	-1.78%	-0.10%	-2.13%	0.00%	7.75%	-16.01%
Return on Common Equity (ROCE)	2.33%	1.33%	-1.85%	4.53%	-1.03%	-0.81%	-4.06%	-0.03%	7.02%	-12.65%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.09%	-0.05%	0.16%	0.00%	1.41%	-0.56%	5.95%	0.00%	10.06%
Net Operating Profit after Tax (NOPAT)	2.96	1.73	-1.30	4.98	-0.74	-1.35	-4.87	-0.04	6.31	-5.95
NOPAT Margin	3.12%	2.09%	-1.68%	5.50%	-0.78%	-1.46%	-7.02%	-0.05%	6.63%	-11.66%
Net Nonoperating Expense Percent (NNEP)	-16.88%	-36.68%	-14.90%	3.00%	-2.72%	1.62%	1.94%	0.03%	2.07%	-2.85%
Return On Investment Capital (ROIC_SIMPLE)	0.65%	-	-	-	-0.16%	-	-	-	1.42%	-
Cost of Revenue to Revenue	68.60%	71.37%	71.83%	68.20%	74.14%	74.62%	70.95%	68.84%	64.03%	69.63%
SG&A Expenses to Revenue	26.19%	26.22%	30.57%	26.65%	26.97%	27.47%	39.09%	32.23%	26.38%	47.03%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	26.19%	26.22%	30.57%	26.65%	26.97%	27.47%	39.09%	32.23%	26.38%	47.03%
Earnings before Interest and Taxes (EBIT)	5.99	2.36	-1.61	6.81	0.38	-1.86	-5.43	-0.93	12	-10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	6.98	2.16	9.71	3.41	0.84	-2.54	1.68	16	-7.53
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.74	0.60	0.82	0.83	1.46	1.70	1.68	1.97	1.89	2.10
Price to Tangible Book Value (P/TBV)	0.81	0.65	0.90	0.91	1.62	1.88	1.86	2.18	2.09	2.33
Price to Revenue (P/Rev)	0.97	0.78	1.03	1.08	1.95	2.29	2.56	2.42	2.06	2.23
Price to Earnings (P/E)	57.29	644.36	0.00	526.51	0.00	120.54	0.00	33.11	19.15	20.92
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.75%	0.16%	0.00%	0.19%	0.00%	0.83%	0.00%	3.02%	5.22%	4.78%
Enterprise Value to Invested Capital (EV/IC)	0.74	0.59	0.82	0.83	1.47	1.70	1.72	2.20	2.33	2.66
Enterprise Value to Revenue (EV/Rev)	0.96	0.75	1.02	1.08	1.96	2.30	2.47	2.18	1.70	1.88
Enterprise Value to EBITDA (EV/EBITDA)	10.97	11.65	22.52	32.85	193.35	49.58	100.84	17.37	10.02	10.56
Enterprise Value to EBIT (EV/EBIT)	24.55	32.69	97.49	0.00	0.00	192.73	0.00	23.51	12.20	12.56
Enterprise Value to NOPAT (EV/NOPAT)	45.68	444.49	0.00	0.00	0.00	0.00	0.00	34.43	16.60	15.74
Enterprise Value to Operating Cash Flow (EV/OCF)	29.72	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.05
Enterprise Value to Free Cash Flow (EV/FCFF)	163.74	17.75	0.00	0.00	0.00	0.00	0.00	0.00	31.26	11.53
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.01	0.02	0.02	0.02	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.01	0.02	0.02	0.02	0.00	0.00	0.00
Financial Leverage	0.00	-0.01	-0.04	-0.10	-0.16	-0.16	-0.25	-0.30	-0.33	-0.26
Leverage Ratio	1.29	1.28	1.28	1.23	1.22	1.17	1.17	1.19	1.19	1.13
Compound Leverage Factor	0.97	0.32	2.49	1.06	-2.04	1.33	1.09	-0.14	1.30	1.09
Debt to Total Capital	0.40%	0.13%	0.14%	1.00%	1.89%	1.86%	1.87%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.13%	0.04%	0.02%	0.23%	0.28%	0.14%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.26%	0.08%	0.12%	0.77%	1.61%	1.72%	1.87%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.60%	99.87%	99.86%	99.00%	98.11%	98.14%	98.13%	100.00%	100.00%	100.00%
Debt to EBITDA	0.06	0.03	0.04	0.40	2.53	0.55	1.19	0.00	0.00	0.00
Net Debt to EBITDA	-0.10	-0.41	-0.23	0.17	0.79	0.35	-3.62	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.04	0.02	0.03	0.31	2.15	0.51	1.19	0.00	0.00	0.00
Debt to NOPAT	0.25	0.97	-5.20	-1.24	-1.14	-14.21	-1.71	0.00	0.00	0.00
Net Debt to NOPAT	-0.40	-15.79	31.02	-0.52	-0.36	-8.97	5.21	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.17	0.64	-4.41	-0.96	-0.97	-13.16	-1.71	0.00	0.00	0.00
Altman Z-Score	2.69	2.56	2.89	3.38	5.01	5.92	5.84	7.54	7.66	12.48
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.79	7.21	6.88	7.17	5.79	5.03	4.97	5.73	6.31	7.27
Quick Ratio	0.52	0.92	0.97	0.81	0.81	0.58	1.06	2.18	3.32	4.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.29	16	-24	-87	-150	-153	-164	-103	-13	13
Operating Cash Flow to CapEx	803.12%	425.33%	-166.13%	0.00%	-169.75%	-3,232.45%	0.00%	0.00%	0.00%	-1,915.03%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.60	0.60	0.62	0.63	0.62	0.63	0.55	0.70	0.80	0.91
Accounts Receivable Turnover	10.47	10.86	10.25	10.46	11.24	9.72	7.75	9.20	14.18	10.37
Inventory Turnover	1.08	0.96	1.09	1.20	1.35	1.27	1.21	1.73	2.13	2.43
Fixed Asset Turnover	10.78	5.38	6.30	6.89	16.59	9.98	10.04	13.11	8.75	0.00
Accounts Payable Turnover	7.53	6.67	9.23	8.14	9.49	7.64	8.27	8.49	12.51	14.02
Days Sales Outstanding (DSO)	34.85	33.60	35.60	34.91	32.47	37.53	47.09	39.69	25.74	35.20
Days Inventory Outstanding (DIO)	336.92	380.06	333.93	304.20	270.34	288.37	301.02	211.25	171.12	150.06
Days Payable Outstanding (DPO)	48.50	54.74	39.53	44.85	38.47	47.79	44.16	42.97	29.17	26.04
Cash Conversion Cycle (CCC)	323.27	358.92	330.00	294.26	264.34	278.12	303.95	207.97	167.70	159.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	451	441	445	452	446	455	422	361	297	304
Invested Capital Turnover	0.77	0.77	0.82	0.85	0.90	0.88	0.86	1.18	1.42	1.37
Increase / (Decrease) in Invested Capital	5.25	-14	23	92	149	151	159	103	20	-19
Enterprise Value (EV)	332	259	363	375	654	772	727	794	693	808
Market Capitalization	335	269	367	373	652	767	753	882	840	959
Book Value per Share	$8.56	$8.49	$8.49	$8.53	$8.67	$8.79	$8.75	$8.74	$8.59	$8.81
Tangible Book Value per Share	$7.80	$7.72	$7.71	$7.75	$7.85	$7.97	$7.91	$7.89	$7.75	$7.95
Total Capital	457	452	450	457	454	460	457	448	445	456
Total Debt	1.81	0.57	0.62	4.56	8.56	8.56	8.56	0.00	0.00	0.00
Total Long-Term Debt	1.21	0.38	0.52	3.53	7.28	7.93	8.56	0.00	0.00	0.00
Net Debt	-2.88	-9.22	-3.67	1.92	2.69	5.41	-26	-88	-147	-151
Capital Expenditures (CapEx)	4.67	2.46	9.23	-0.23	3.59	1.20	-4.87	-3.02	-14	2.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	205	283	249	247	214	227	215	182	134	129
Debt-free Net Working Capital (DFNWC)	210	293	253	249	220	230	249	270	281	281
Net Working Capital (NWC)	209	293	253	248	219	229	249	270	281	281
Net Nonoperating Expense (NNE)	0.25	1.22	2.34	-1.30	2.00	-1.20	-2.18	-0.04	-2.89	3.07
Net Nonoperating Obligations (NNO)	-4.18	-10	-5.01	0.50	1.18	3.82	-26	-87	-148	-152
Total Depreciation and Amortization (D&A)	5.45	4.63	3.78	2.90	3.03	2.70	2.88	2.61	3.38	2.95
Debt-free, Cash-free Net Working Capital to Revenue	59.40%	82.10%	70.13%	71.09%	64.11%	67.62%	73.13%	49.95%	32.68%	30.09%
Debt-free Net Working Capital to Revenue	60.76%	84.94%	71.33%	71.85%	65.87%	68.57%	84.92%	74.04%	68.71%	65.28%
Net Working Capital to Revenue	60.59%	84.88%	71.31%	71.55%	65.49%	68.38%	84.92%	74.04%	68.71%	65.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.05	$0.01	($0.07)	$0.12	($0.06)	$0.00	($0.05)	$0.00	$0.18	($0.17)
Adjusted Weighted Average Basic Shares Outstanding	53.11M	53.21M	53.03M	52.99M	51.29M	51.32M	51.23M	51.22M	51.57M	51.77M
Adjusted Diluted Earnings per Share	$0.05	$0.01	($0.07)	$0.12	($0.07)	$0.00	($0.08)	$0.00	$0.21	($0.17)
Adjusted Weighted Average Diluted Shares Outstanding	53.36M	53.39M	53.03M	53.25M	51.46M	51.32M	51.40M	51.22M	53.15M	51.77M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.28M	53.21M	53.21M	53.01M	51.99M	51.33M	51.33M	51.22M	51.21M	51.77M
Normalized Net Operating Profit after Tax (NOPAT)	2.96	1.73	-1.30	3.26	-0.74	-1.35	-4.87	-0.58	6.31	-5.95
Normalized NOPAT Margin	3.12%	2.09%	-1.68%	3.61%	-0.78%	-1.46%	-7.02%	-0.75%	6.63%	-11.66%
Pre Tax Income Margin	4.76%	0.71%	-4.07%	6.49%	-0.68%	-2.28%	-7.28%	0.14%	13.98%	-19.77%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About AerSale's Financials

When does AerSale's financial year end?

According to the most recent income statement we have on file, AerSale's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has AerSale's net income changed over the last 2 years?

AerSale's net income appears to be on a downward trend, with a most recent value of $5.85 million in 2024, falling from $43.86 million in 2022. The previous period was -$5.56 million in 2023. See where experts think AerSale is headed by visiting AerSale's forecast page.

What is AerSale's operating income?

AerSale's total operating income in 2024 was $9.74 million, based on the following breakdown:

Total Gross Profit: $103.94 million
Total Operating Expenses: $94.19 million

How has AerSale revenue changed over the last 2 years?

Over the last 2 years, AerSale's total revenue changed from $408.54 million in 2022 to $345.07 million in 2024, a change of -15.5%.

How much debt does AerSale have?

AerSale's total liabilities were at $149.10 million at the end of 2024, a 36.9% increase from 2023, and a 72.2% increase since 2022.

How much cash does AerSale have?

In the past 2 years, AerSale's cash and equivalents has ranged from $4.70 million in 2024 to $147.19 million in 2022, and is currently $4.70 million as of their latest financial filing in 2024.

How has AerSale's book value per share changed over the last 2 years?

Over the last 2 years, AerSale's book value per share changed from 8.59 in 2022 to 8.56 in 2024, a change of -0.4%.

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This page (NASDAQ:ASLE) was last updated on 5/30/2025 by MarketBeat.com Staff

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AerSale (ASLE) Financials

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AerSale (ASLE) Financials

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Quarterly Cash Flow Statements for AerSale

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Quarterly Metrics And Ratios for AerSale

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