WLFC Financials Willis Lease Finance Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 4, 2026, 11:12 UTC Overview →

Growth & profitability

Revenue has grown 32.1% per year over the past 5 years.
Net income has grown faster than revenue (63.5% vs 32.1% per year).
Free cash flow has grown 22.8% per year over the past 5 years.

Financial health

Total debt ($2.7B) exceeds cash ($16M); net debt is $2.7B.
Total debt has grown slower than revenue (9.8% vs 32.1% per year).
Operating income covered interest expense 0.8× in the latest year, up from 0.2× 5 years ago.
Total debt is 13× EBITDA.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 7.6% of earnings and 3.5% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$730M	$114M	0.0%	14.3%	17.2%	2.9%	$252M	$2.7B	$16M
2024	$569M	$109M	0.0%	25.4%	19.8%	3.3%	$269M	$2.3B	$9M
2023	$419M	$44M	0.0%	15.3%	10.0%	1.7%	$225M	$1.8B	$7M
2022	—	$5M	—	—	1.3%	0.2%	$138M	$1.8B	$12M
2021	—	$3M	—	—	0.9%	0.1%	$88M	$1.8B	$14M
2020	—	$10M	—	—	2.7%	0.4%	$90M	$1.7B	$43M
2019	—	$67M	—	—	19.1%	3.4%	$224M	$1.3B	$7M
2018	—	$43M	—	—	15.1%	2.2%	$185M	$1.3B	$12M
2017	—	$62M	—	—	24.0%	3.9%	$126M	$1.1B	$7M
2016	—	$14M	—	—	7.2%	1.1%	$91M	$900M	$10M
2015	—	$6M	—	—	3.1%	0.5%	$94M	$866M	$10M
2014	—	$7M	—	—	3.3%	0.6%	—	$841M	$13M
2013	—	$16M	—	—	7.4%	1.3%	—	$788M	$13M
2012	—	$2M	—	—	0.8%	0.1%	—	$697M	$5M
2011	—	$15M	—	—	6.1%	1.3%	$76M	$718M	$6M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$246M	$12M	0.0%	4.7%	1.6%	0.3%	$103M	$2.5B	$11M
Jun '26	$194M	$30M	0.0%	17.5%	4.3%	0.8%	$75M	$2.3B	$11M
Mar '26	$194M	$25M	0.0%	17.4%	3.6%	0.7%	$53M	$2.3B	$25M
Dec '25	$194M	$12M	0.0%	7.3%	1.8%	0.3%	$66M	$2.7B	$16M
Sep '25	$183M	$24M	0.0%	20.7%	3.7%	0.7%	$58M	$2.2B	$13M
Jun '25	$196M	$60M	0.0%	14.5%	9.8%	1.5%	$95M	$2.8B	$37M
Mar '25	$158M	$17M	0.0%	15.2%	3.0%	0.5%	$34M	$2.2B	$32M
Dec '24	$153M	$21M	0.0%	19.2%	3.8%	0.6%	$55M	$2.3B	$9M
Sep '24	$146M	$24M	0.0%	23.0%	4.7%	0.8%	$86M	$2.0B	$6M
Jun '24	$151M	$43M	0.0%	35.8%	8.6%	1.5%	$69M	$1.9B	$5M
Mar '24	$119M	$21M	0.0%	22.9%	4.5%	0.8%	$59M	$1.7B	$8M
Dec '23	$114M	$11M	0.0%	14.7%	2.5%	0.4%	$60M	$1.8B	$7M
Sep '23	$106M	$15M	0.0%	18.9%	3.4%	0.6%	$70M	$1.8B	$5M
Jun '23	$109M	$14M	0.0%	17.8%	3.3%	0.5%	$45M	$1.8B	$6M
Mar '23	$90M	$4M	0.0%	8.9%	1.1%	0.2%	$50M	$1.8B	$10M
Dec '22	$88M	$14M	0.0%	19.0%	3.5%	0.6%	$60M	$1.8B	$12M
Sep '22	$77M	$6M	0.0%	11.4%	1.6%	0.3%	$22M	$1.9B	$12M
Jun '22	$78M	$6M	0.0%	12.1%	1.6%	0.2%	$27M	$1.7B	$13M
Mar '22	$69M	-$21M	0.0%	-36.5%	-5.7%	-0.9%	$28M	$1.8B	$14M
Dec '21	$76M	$2M	0.0%	6.1%	0.5%	0.1%	$21M	$1.8B	$14M

Valuation over time

How the market has priced WLFC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 71.7× (Mar '23) to 8.0× (Nov '26).
The price-to-sales ratio has risen from 0.8× (Jan '24) to 1.2× (Nov '26).
The dividend yield has risen from 0.7% (Dec '24) to 1.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WLFC growing its revenue and profit?

Over the past 5 years, Willis Lease Finance Corp's revenue has grown 32.1% per year, and net income grown 63.5% per year. These are computed facts, not advice.

How much debt does WLFC have?

As of FY2025, Willis Lease Finance Corp reported $2.7B of total debt against $16M of cash; operating income covered interest expense 0.8×.

What is WLFC's profit margin?

In FY2025, gross margin was —, operating margin 14.3%, and net margin 15.6%.

What is WLFC's P/E ratio?

Willis Lease Finance Corp's P/E (TTM) is 11.51 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the WLFC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.0× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.