Willis Lease Finance Corp. (WLFC)
NASDAQ:WLFC
Earnings Data
Report Date
May 12, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
3.02Last Year’s EPS
2.21Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial story: record revenues, record EBT, strong adjusted EBITDA growth, improved utilization, larger portfolio, expanded fee-generating businesses and the launch of Willis Aviation Capital with major partnerships. These highlights outweigh a set of manageable headwinds — increased impairments, higher G&A and finance costs, lumpy maintenance reserve timing, low margins in certain services while they scale, and some operational risks (grounded GTFs and LEAP issues). Management emphasized cash generation, portfolio value upside, returning capital to shareholders and strategic fund initiatives that should diversify and expand earnings over time.Company Guidance
Record Quarterly and Annual Revenues
Q4 revenue of $193.6 million, up 27% year-over-year; full-year revenue of $730.2 million, up ~28.3% from 2024.
Record Earnings Before Tax and Strong Adjusted EBITDA
Record EBT of $160.6 million for 2025; adjusted EBITDA of $459.1 million, up 16.6% from $393.7 million in 2024, highlighting strong cash-generation.
Improved Portfolio Utilization and Size
Average lease portfolio utilization 85% in 2025 (up from 83% in 2024); total portfolio size approximately $3.0 billion at year-end 2025.
Maintenance Reserve and Spare Parts Growth
Maintenance reserve revenues of $232.0 million, up $18.1 million (+8.4%) versus 2024; spare parts and equipment sales to third parties rose to $95.5 million from $27.1 million (increase of $68.4 million), with spare parts sales up ~44.4%.
Healthy Gains on Equipment Sales and Portfolio Trading
Gain on sale of lease equipment of $54.0 million related to $269.7 million of gross equipment sales, representing an effective ~20% margin on those sales; management emphasizes active trading to recycle the portfolio.
Growth in Fee and JV-Related Revenue
Other revenue (primarily management fees) increased 89% to $17.2 million; earnings from joint ventures were $13.4 million, up 62% from $8.2 million in 2024.
Strong Operating Cash Flow and Lower Stated Leverage
Cash flow from operations of $283.2 million, in line with 2024; leverage (debt net of cash/restricted cash to equity inclusive of preferred) ticked down to 2.97x from 3.48x year-over-year, providing flexibility for opportunistic purchases.
Capital Return and Dividend Increase
Returned $8.7 million to shareholders via common dividends in 2025 and declared recurring quarterly dividend of $0.40 per share, signaling commitment to shareholder returns.
Launch of Willis Aviation Capital and Large Strategic Partnerships
Announced Willis Aviation Capital to manage discretionary funds and third-party assets; established a $600 million fund with Liberty Mutual and a $1B+ fund partnership with Blackstone Credit & Insurance to expand on- and off-balance-sheet asset opportunities and fee income.
MRO and Services Progress
WERC U.S. achieved first core module performance restoration with strong EGT margin (~51.7 degrees at high thrust); WASL U.K. fully certified for C checks on 737NG and up to 6 wide checks on A320 CEO and performed 12 maintenance checks in 2025 — supporting services growth and intercompany synergies.
WLFC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WLFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2026 | $177.89 | $173.26 | -2.60% |
Nov 04, 2025 | $125.50 | $118.01 | -5.96% |
Aug 05, 2025 | $137.31 | $148.04 | +7.82% |
May 06, 2025 | $154.92 | $133.00 | -14.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Willis Lease Finance Corp. (WLFC) report earnings?
Willis Lease Finance Corp. (WLFC) is schdueled to report earning on May 12, 2026, TBA (Confirmed).
What is Willis Lease Finance Corp. (WLFC) earnings time?
Willis Lease Finance Corp. (WLFC) earnings time is at May 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
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What is WLFC EPS forecast?
WLFC EPS forecast for the fiscal quarter 2026 (Q1) is 3.02.