Willis Lease Finance (Willis Lease Finance) COGS-to-Revenue : 0.26 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Willis Lease Finance COGS-to-Revenue?

Willis Lease Finance's Cost of Goods Sold for the three months ended in Mar. 2024 was $30.8 Mil. Its Revenue for the three months ended in Mar. 2024 was $119.1 Mil.

Willis Lease Finance's COGS to Revenue for the three months ended in Mar. 2024 was 0.26.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Willis Lease Finance's Gross Margin % for the three months ended in Mar. 2024 was 74.17%.

Willis Lease Finance COGS-to-Revenue Historical Data

The historical data trend for Willis Lease Finance's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Willis Lease Finance COGS-to-Revenue Chart

Willis Lease Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.36

0.39

0.38

0.35

0.25

Willis Lease Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.35	0.23	0.24	0.25	0.26

Willis Lease Finance COGS-to-Revenue Calculation

Willis Lease Finance's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	106.132	/	418.555
	=	0.25

Willis Lease Finance's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	30.765	/	119.083
	=	0.26

Willis Lease Finance (NAS:WLFC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Willis Lease Finance's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	30.765 / 119.083
	=	74.17 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Willis Lease Finance COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Willis Lease Finance's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Willis Lease Finance (Willis Lease Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Willis Lease Finance Corp (NAS:WLFC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073

Website

https://www.willislease.com

Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.

Executives

Willis Charles F Iv	director, 10 percent owner, officer: Executive Chairman	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Scott B. Flaherty	officer: SVP, CFO	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Brian Richard Hole	officer: President	4700 LYONS TECHNOLOGY, SUITE 2215, COCONUT CREEK FL 33073
Hans Jorg Hunziker	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Austin Chandler Willis	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Rae Ann Mckeating	director	PO BOX 593, MCCALL ID 83638
Robert J. Keady	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Robert T Morris	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Dean Michael Poulakidas	officer: SVP, Gen. Counsel, Secretary	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Anthony R. Spaulding	officer: SVP, Technical Services	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Donald A Nunemaker	officer: EVP, General Mgr. Leasing	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Bradley Stewart Forsyth	officer: SVP, CFO	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Ernest J. Furtado	officer: Interim CFO	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Coon W William Jr	director	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Judith M Webber	officer: SVP, Technical Services	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998