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 41 d ago 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
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
Sep '21	$71M	$3M	0.0%	8.6%	0.8%	0.1%	$25M	$1.8B	$15M

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 214.8× (Mar '23) to 10.3× (Sep '26).
The price-to-sales ratio has fallen from 2.5× (Jan '24) to 1.6× (Sep '26).
The dividend yield has risen from 0.2% (Dec '24) to 0.7% (Sep '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?

As of Sep '26, Willis Lease Finance Corp traded at a price-to-earnings ratio of about 10.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.