AL: Air Lease Corp.
About
Air Lease Corp. engages in the provision of an aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.
Current Value
$48.211 Year Return
Current Value
$48.211 Year Return
Key Details
Market Cap
$5.37B
P/E Ratio
10.98
1Y Stock Return
25.70%
1Y Revenue Growth
4.28%
Dividend Yield
1.93%
Price to Book
0.7
Strategies that include AL
Stock's related to AL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AER | 70.64% | $19.38B | +43.87% | 0.78% |
| ACA | 63.33% | $5.12B | +42.71% | 0.19% |
| ITT | 62.64% | $12.47B | +41.97% | 0.81% |
| ABG | 62.08% | $4.91B | +21.76% | 0.00% |
| NPO | 58.30% | $3.64B | +36.09% | 0.69% |
| PRU | 58.18% | $44.36B | +32.25% | 5.15% |
| HEES | 58.16% | $2.05B | +23.47% | 1.96% |
| BECN | 57.25% | $6.76B | +34.86% | 0.00% |
| URI | 57.24% | $53.89B | +76.13% | 0.79% |
| OEC | 56.96% | $1.04B | -23.14% | 0.46% |
| FUN | 56.52% | $4.60B | -16.51% | 0.00% |
| MOG.A | 56.19% | $6.98B | +60.59% | 0.51% |
| BLDR | 56.09% | $20.58B | +34.84% | 0.00% |
| DAN | 56.07% | $1.14B | -38.75% | 5.12% |
| HUBG | 55.89% | $3.07B | +32.12% | 0.75% |
| ALG | 55.78% | $2.30B | +4.01% | 0.55% |
| PIPR | 55.33% | $5.96B | +121.67% | 0.73% |
| BCC | 55.12% | $5.31B | +32.92% | 0.59% |
| MYE | 55.03% | $406.50M | -36.97% | 5.19% |
| BCO | 54.92% | $4.00B | +19.00% | 1.04% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MRK | 0.16% | $244.21B | -5.55% | 3.18% |
| LITB | 0.30% | $35.48M | -75.45% | 0.00% |
| ABT | 0.44% | $203.16B | +14.93% | 1.88% |
| KHC | 0.50% | $36.98B | -10.45% | 5.23% |
| MMC | 0.53% | $108.41B | +10.89% | 1.37% |
| CME | 0.65% | $82.76B | +9.21% | 1.98% |
| LUMO | 0.69% | $37.45M | +41.97% | 0.00% |
| BNED | -0.80% | $277.22M | -91.94% | 0.00% |
| VIRT | -0.82% | $3.17B | +110.38% | 2.60% |
| CAPR | 0.83% | $839.37M | +532.19% | 0.00% |
| AVAL | -0.85% | $791.37M | -4.11% | 7.14% |
| QXO | -1.01% | $6.51B | -35.95% | 0.00% |
| OXBR | -1.03% | $19.05M | +178.18% | 0.00% |
| SYRS | 1.04% | $7.43M | -90.46% | 0.00% |
| ACGL | 1.08% | $36.00B | +16.84% | 0.00% |
| RLMD | 1.16% | $89.92M | +1.36% | 0.00% |
| SOC | 1.16% | $1.93B | +74.70% | 0.00% |
| MNR | -1.17% | $1.66B | -10.71% | 15.90% |
| NNVC | -1.22% | $19.66M | +25.69% | 0.00% |
| AMED | 1.34% | $2.95B | -3.95% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -29.85% | $21.46B | +15.84% | 1.11% |
| CYCN | -16.92% | $4.77M | -16.19% | 0.00% |
| PG | -14.11% | $402.15B | +14.14% | 2.33% |
| COR | -12.62% | $47.48B | +21.20% | 0.86% |
| CPB | -12.22% | $12.96B | +7.08% | 3.40% |
| MCK | -12.03% | $78.15B | +35.51% | 0.42% |
| GIS | -11.14% | $34.85B | -2.91% | 3.78% |
| RYAN | -10.85% | $8.81B | +55.63% | 0.62% |
| BCAN | -10.76% | $72.87M | -99.75% | 0.00% |
| NOC | -10.37% | $71.54B | +4.23% | 1.60% |
| PEP | -10.36% | $215.02B | -6.60% | 3.35% |
| STG | -10.18% | $35.67M | +7.92% | 0.00% |
| CHD | -8.32% | $27.18B | +19.50% | 1.03% |
| LMT | -8.05% | $126.40B | +18.99% | 2.36% |
| CL | -7.85% | $76.48B | +22.25% | 2.12% |
| UNH | -7.80% | $531.00B | +6.93% | 1.37% |
| COKE | -7.62% | $10.72B | +73.12% | 0.33% |
| HUM | -7.28% | $33.45B | -45.22% | 1.25% |
| HUSA | -6.63% | $16.69M | -11.56% | 0.00% |
| MNOV | -6.45% | $93.19M | +2.15% | 0.00% |
ETF's related to AL
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| FXR | 68.81% | $2.08B | 0.61% |
| FNX | 68.64% | $1.29B | 0.6% |
| JMEE | 68.25% | $1.51B | 0.24% |
| VB | 68.04% | $63.63B | 0.05% |
| VBR | 67.89% | $32.03B | 0.07% |
| TMSL | 67.89% | $288.12M | 0.55% |
| SMMD | 67.61% | $1.24B | 0.15% |
| IVOO | 67.41% | $2.38B | 0.1% |
| SMLF | 67.37% | $1.44B | 0.15% |
| EZM | 67.31% | $823.84M | 0.38% |
| SPMD | 67.30% | $12.03B | 0.03% |
| AVUV | 67.28% | $15.25B | 0.25% |
| DFAT | 67.28% | $11.16B | 0.28% |
| VXF | 67.19% | $21.54B | 0.06% |
| MDY | 67.11% | $24.14B | 0.24% |
| SCHM | 67.02% | $11.59B | 0.04% |
| ESML | 66.94% | $1.90B | 0.17% |
| IJH | 66.81% | $95.89B | 0.05% |
| NUSC | 66.77% | $1.27B | 0.31% |
| SDVY | 66.58% | $7.17B | 0.6% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| SHY | 0.16% | $22.43B | 0.15% |
| SHV | -0.19% | $18.13B | 0.15% |
| HDRO | -0.46% | $164.26M | 0.3% |
| BILZ | -0.60% | $563.02M | 0.14% |
| VNLA | 0.77% | $2.27B | 0.23% |
| IBTF | 0.78% | $2.05B | 0.07% |
| JUCY | 0.93% | $324.29M | 0.6% |
| IBTG | 0.96% | $1.48B | 0.07% |
| AGZ | -0.97% | $708.37M | 0.2% |
| DFSD | 1.01% | $3.63B | 0.16% |
| KCCA | -1.44% | $220.51M | 0.87% |
| CSHI | 1.55% | $482.85M | 0.38% |
| SCHO | -1.70% | $11.10B | 0.03% |
| JPST | 1.75% | $28.43B | 0.18% |
| IBTH | 1.79% | $1.08B | 0.07% |
| SPTS | -2.00% | $5.71B | 0.03% |
| MINT | -2.17% | $11.62B | 0.35% |
| IBDP | 2.21% | $2.11B | 0.1% |
| TBLL | 2.49% | $1.92B | 0.08% |
| TBIL | 2.62% | $4.38B | 0.15% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -53.08% | $388.04M | 1.43% |
| VIXY | -49.05% | $195.31M | 0.85% |
| TAIL | -41.77% | $67.98M | 0.59% |
| USDU | -16.29% | $201.97M | 0.5% |
| DFNM | -15.18% | $1.40B | 0.17% |
| XBIL | -13.27% | $637.70M | 0.15% |
| UUP | -13.14% | $309.25M | 0.77% |
| XONE | -12.45% | $548.88M | 0.03% |
| FTSM | -11.34% | $6.08B | 0.45% |
| ULST | -10.84% | $535.47M | 0.2% |
| XHLF | -10.42% | $874.27M | 0.03% |
| CGSM | -9.83% | $514.53M | 0.25% |
| CTA | -8.52% | $350.27M | 0.78% |
| EQLS | -7.24% | $76.08M | 1% |
| KMLM | -6.93% | $353.87M | 0.9% |
| CLOI | -6.91% | $715.40M | 0.4% |
| CORN | -6.88% | $61.12M | 0.2% |
| WEAT | -6.58% | $120.27M | 0.28% |
| CCOR | -6.21% | $109.04M | 1.18% |
| UTWO | -5.42% | $447.63M | 0.15% |
News
SeekingAlpha
Airbus SE's delivery target faces risk, but strong demand and a large backlog ensure stability. See why EADSY stock continues to be a solid buy.
SeekingAlpha
RVT primarily invests in the small-cap space and invests in companies that have strong fundamentals. Find out my recommendation for the fund.
Yahoo
Air Lease ( NYSE:AL ) Third Quarter 2024 Results Key Financial Results Revenue: US$690.2m (up 4.7% from 3Q 2023). Net...
Yahoo
AL's third-quarter 2024 results benefit from fleet growth and increased gains from aircraft sales.
Finnhub
Q3 2024 Earnings Conference Call ...
Yahoo
Q3 2024 Air Lease Corp Earnings Call
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.