WLFC Q2 2024 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$151M+38.6% YoY

Gross Profit

$118M78.0% margin

Operating Income

$54M35.8% margin

Net Income

$43M28.2% margin

EPS (Diluted)

$6.21

QoQ Revenue Growth

+26.9%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

-$190M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.4B

Stockholders' Equity

$492M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$109M	+38.6%
Gross Profit	$118M	$79M	+49.9%
Operating Income	$54M	$19M	+178.2%
Net Income	$43M	$14M	+208.2%

Revenue Segments

Maintenance Services

$7M43%

Spare Parts And Equipment Sales

$6M40%

Managed Services And Other Revenue

$3M17%