WLFC Q2 2023 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$109M+39.6% YoY

Gross Profit

$79M72.1% margin

Operating Income

$19M17.8% margin

Net Income

$14M12.7% margin

EPS (Diluted)

$2.02

QoQ Revenue Growth

+21.7%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

-$11M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$467M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$109M	$78M	+39.6%
Gross Profit	$79M	$49M	+59.0%
Operating Income	$19M	$9M	+105.0%
Net Income	$14M	$6M	+133.9%

Revenue Segments

Managed Services

$7M54%

Spare Parts And Equipment Sales

$5M37%

Other Revenue

$1M10%