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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air Lease's Enterprise Value is $24,290 Mil. Air Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $748 Mil. Therefore, Air Lease's EV-to-EBIT for today is 32.46.
The historical rank and industry rank for Air Lease's EV-to-EBIT or its related term are showing as below:
During the past 13 years, the highest EV-to-EBIT of Air Lease was 39.61. The lowest was -284.80. And the median was 23.99.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Air Lease's Enterprise Value for the quarter that ended in Jun. 2024 was $24,519 Mil. Air Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $748 Mil. Air Lease's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.05%.
The historical data trend for Air Lease's EV-to-EBIT 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.
Air Lease Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 24.14 | 28.77 | 35.46 | -258.86 | 28.94 |
Air Lease Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 33.11 | 31.21 | 28.94 | 31.42 | 32.77 |
For the Rental & Leasing Services subindustry, Air Lease's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Business Services industry and Industrials sector, Air Lease's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Air Lease's EV-to-EBIT falls into.
Air Lease's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 24290.467 | / | 748.221 | |
= | 32.46 |
Air Lease's current Enterprise Value is $24,290 Mil.
Air Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $748 Mil.
* 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.
Air Lease (NYSE:AL) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.
Air Lease's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Jun. 2024 ) | = | EBIT | / | Enterprise Value (Q: Jun. 2024 ) |
= | 748.221 | / | 24518.79481 | |
= | 3.05 % |
Air Lease's Enterprise Value for the quarter that ended in Jun. 2024 was $24,519 Mil.
Air Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $748 Mil.
* 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.
Thank you for viewing the detailed overview of Air Lease's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory B Willis | officer: SVP FINANCE AND CFO | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 600N, LOS ANGELES CA 90067 |
Alex A Khatibi | officer: EVP | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Grant A Levy | officer: EVP, GENL. COUNSEL & SECRETARY | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Kishore Korde | officer: EVP, Marketing | 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
John L Plueger | director, officer: PRESIDENT AND COO | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Carol Hyland Forsyte | officer: EVP, GC, Corp Secretary & CCO | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Yvette Hollingsworth Clark | director | C/O 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Steven F Udvar-hazy | director, officer: Chairman and CEO | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Jie Chen | officer: EVP & MANAGING DIRECTOR, ASIA | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Marshall O Larsen | director | 870 WINTER STREET, WALTHAM MA 02451 |
Cheryl Gordon Krongard | director | LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202 |
Susan Mccaw | director | LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404 |
Marc H Baer | other: EVP | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
John D Poerschke | officer: SVP | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
Ian M Saines | director | C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067 |
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