WLFC Q3 2024 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q3 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$146M+38.3% YoY

Gross Profit

$107M73.4% margin

Operating Income

$34M23.0% margin

Net Income

$24M16.5% margin

EPS (Diluted)

$3.37

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$87M

Free Cash Flow

-$78M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.5B

Stockholders' Equity

$518M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$106M	+38.3%
Gross Profit	$107M	$75M	+43.0%
Operating Income	$34M	$20M	+68.5%
Net Income	$24M	$15M	+64.8%

Revenue Segments

Spare Parts And Equipment Sales

$11M58%

Maintenance Services

$6M32%

Managed Services And Other Revenue

$2M10%