AON

Aon

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Financial Services

industry

Insurance Brokers

Exchange

NYSE

County of HQ

United States

Next Earnings Date

04/24/26

Business Summary

Air Lease generates cash by acquiring aircraft and leasing them to airlines under long-term contracts, monetizing the spread between lease yields and its cost of capital. The model depends on disciplined aircraft selection, residual value management, and continuous portfolio rotation to maintain asset liquidity. Its moat is scale, airline relationships, and capital markets access, allowing it to place aircraft globally and refinance efficiently. When executed well, predictable lease payments drive recurring revenue, while asset sales and fleet optimization enhance returns on invested capital.

VALUATION

P/E

18.4

Market Cap ($M USD)

$66,969

Forward P/E

14.6

PEG

1.1

PRICE TO SALES

4

PRICE TO BOOK

7.2

EV / EBITDA

12.3

5-Year Average P/E

DIVIDEND

Yield

1.00%

Annual Payout

$2.98

Payout Ratio

17.00%

Consecutive Years of Dividend Growth

10+

5-Year Dividend Growth Rate

10.10%

Financial Health & Profitability

Earnings Per Share

$17.11

Next Year EPS Growth Estimate

$21.42

Next Year Revenue Growth Estimate

6.30%

Return on Equity (ROE)

39.50%

Operating Margin

27.40%

Debt-to-Equity

1.7

Piotroski F-Score

7

Altman Z-Score

-

Return on Invested Capital (ROIC)

17.50%%

Current Ratio

1.1

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 7x earnings and 7.6x forward earnings, the market is pricing AL Air Lease as a no-growth, balance-sheet-risked cyclical despite an 8 Piotroski F-Score and continued profitability. The 0.9 Price/Book suggests the equity trades below accounting value, but the 0.5 Altman Z-Score is a severe distress signal that cannot be ignored, especially paired with a 0.3 current ratio. A 1.1 forward PEG implies growth is fairly priced rather than deeply discounted, yet the low multiple signals skepticism about durability rather than expansion. This is a statistically cheap stock with material balance sheet risk embedded in the valuation.

AI Exposure / Tech Reliance

As a Rental & Leasing Services company within Industrials, AL Air Lease operates in a capital-heavy asset model that can benefit from AI-driven fleet optimization, predictive maintenance, and data-driven pricing. Modern analytics can improve aircraft utilization and residual value forecasting, directly supporting its 12.30% operating margin. However, its competitive positioning will depend more on financing access and asset management discipline than pure technology adoption.

The Bull Case

A value or GARP investor is drawn here because the numbers scream operational discipline despite market skepticism. An 8 Piotroski F-Score indicates strong fundamental health relative to peers, while a 12.30% operating margin in a capital-intensive leasing model reflects efficient cost structure and pricing power. Return on Equity of 8.60% combined with a 3.80% ROIC shows the business is profitable, even if not exceptional, and trading at 0.9x book gives downside asset backing. Add in a 2.3% TTM yield with a 1.40% dividend per share and institutional ownership at 61.25%, and you have a widely held, income-generating asset play priced at just 7x earnings—classic deep value with operational credibility.

The Bear Case

The red flags are serious. A 22.80% Debt/Equity ratio combined with a 0.3 current ratio and a catastrophic 0.5 Altman Z-Score point to structural balance sheet fragility in a rising-rate or credit-tightening environment. EPS is $10 today but estimated at $9.35 next year, indicating earnings contraction, and the 1.1 PEG suggests growth is not accelerating enough to justify leverage risk. With 6.60% of the float sold short and Sales Growth Next Year listed at $8.53, the market appears to be questioning the sustainability and visibility of forward performance.

Market Sentiment & Smart Money

Short Interest %

1.00%

Analyst Consensus

2

Average Analyst Price Target

$395.00

Institutional Ownership %

88.80%

1-Year Beta

0.21

Insider Buying % (6 Mo)

2.80%%

Distance to 52-Week High

80.60%%

Distance to 52-Week Low

102.60%%