Willis Lease Finance Corporation (WLFC)

Willis Lease Finance Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.36	9.11	7.07	12.15	14.33	42.54
Trading Asset Securities	6.56	10.99	16.48	34.8	8	-
Cash & Short-Term Investments	38.92	20.1	23.55	46.95	22.33	42.54
Cash Growth	70.54%	-14.67%	-49.83%	110.25%	-47.51%	533.04%
Accounts Receivable	58.78	59.9	67.24	53.39	39.62	28.27
Receivables	238.06	243.53	159.87	134.83	155.08	186.98
Inventory	67.32	72.15	40.95	38.58	50.96	59.43
Restricted Cash	116.74	123.39	160.96	76.87	81.31	36.39
Other Current Assets	19.13	16.67	6.61	10.28	15.45	13.35
Total Current Assets	480.16	475.84	391.94	307.5	325.13	338.69
Property, Plant & Equipment	54.34	54.65	45.81	46.73	37.39	35.54
Long-Term Investments	65.21	62.67	58.04	56.19	55.93	53.28
Goodwill	-	1	-	-	-	-
Other Intangible Assets	26.77	33.06	10.22	18.84	23.7	21.34
Other Long-Term Assets	2,648	2,670	2,146	2,146	2,021	1,916
Total Assets	3,275	3,297	2,652	2,575	2,463	2,365
Accounts Payable	46.34	70.14	45	32.68	20.95	23.1
Accrued Expenses	104.45	97.82	92.5	59.45	65.98	82.48
Current Portion of Long-Term Debt	0.99	70.69	-	-	0.7	-
Current Portion of Leases	4.31	3.15	-	-	-	-
Total Current Liabilities	156.09	241.79	137.49	92.13	87.63	105.59
Long-Term Debt	2,232	2,194	1,803	1,847	1,790	1,694
Long-Term Leases	5.22	2.7	7.94	10.37	5.21	3.87
Long-Term Unearned Revenue	37.67	37.91	43.53	17.86	10.46	11.64
Long-Term Deferred Tax Liabilities	191.3	185.05	147.78	132.52	124.33	116.84
Other Long-Term Liabilities	24.09	23.42	23.79	20.49	19.35	19.52
Total Liabilities	2,646	2,685	2,163	2,121	2,037	1,951
Common Stock	0.07	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	57.97	50.93	29.67	20.39	15.4	13.7
Retained Earnings	505.08	491.44	397.78	357.49	355.39	355.37
Comprehensive Income & Other	2.36	6.9	11.45	26.74	5.03	-5.12
Total Common Equity	565.49	549.34	438.96	404.69	375.89	364.02
Shareholders' Equity	628.68	612.46	488.93	454.58	425.69	413.74
Total Liabilities & Equity	3,275	3,297	2,652	2,575	2,463	2,365
Total Debt	2,242	2,270	1,811	1,858	1,796	1,698
Net Cash (Debt)	-2,203	-2,250	-1,787	-1,811	-1,774	-1,655
Net Cash Per Share	-319.80	-330.73	-275.77	-287.55	-279.52	-270.09
Filing Date Shares Outstanding	6.9	6.61	6.39	6.12	5.94	6
Total Common Shares Outstanding	7.37	7.17	6.85	6.62	6.53	6.57
Working Capital	324.07	234.05	254.44	215.37	237.5	233.1
Book Value Per Share	76.70	76.58	64.09	61.18	57.55	55.41
Tangible Book Value	538.72	515.28	428.74	385.85	352.19	342.67
Tangible Book Value Per Share	73.07	71.84	62.60	58.33	53.93	52.16

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q