WLFC Q4 2023 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q4 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$114M+29.7% YoY

Gross Profit

$86M75.1% margin

Operating Income

$17M14.7% margin

Net Income

$11M9.6% margin

EPS (Diluted)

$1.53

QoQ Revenue Growth

+8.1%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$39M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.2B

Stockholders' Equity

$439M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$88M	+29.7%
Gross Profit	$86M	$61M	+41.7%
Operating Income	$17M	$17M	+0.3%
Net Income	$11M	$14M	-23.6%

Revenue Segments

Managed Services

$9M54%

Spare Parts And Equipment Sales

$7M42%

Other Revenue

$719,0004%