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Air Lease Corp
NYSE:AL

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Air Lease Corp Logo
Air Lease Corp
NYSE:AL
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Price: 49.39 USD 1.54% Market Closed
Updated: Apr 18, 2024

ROA
Return on Assets

2%
Current
1%
Average
3%
Industry
Positive for the last year
2%
Positive average
1%
Better than average
Worse than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
2%
=
Net Income
572.9m
/
Total Assets
29.9B

ROA Across Competitors

ROA Comparison
Air Lease Corp Competitors

Country US
Market Cap 5.5B USD
ROA
2%
Country JP
Market Cap 14.3T JPY
ROA
4%
Country JP
Market Cap 10.7T JPY
ROA
6%
Country JP
Market Cap 9.6T JPY
ROA
5%
Country US
Market Cap 46.6B USD
ROA
23%
Country UK
Market Cap 34.8B GBP
ROA
11%
Country US
Market Cap 43B USD
ROA
10%
Country IN
Market Cap 3.4T INR
ROA
3%
Country US
Market Cap 38.8B USD
ROA
25%
Country UK
Market Cap 24.6B GBP
ROA
8%
Country JP
Market Cap 4.6T JPY
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for Air Lease Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
2%
=
Net Income
572.9m
/
Total Assets
29.9B
What is the ROA of Air Lease Corp?

Based on Air Lease Corp's most recent financial statements, the company has ROA of 2%.