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Willis Lease Finance (WLFC) Revenue & Revenue Breakdown

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Willis Lease Finance Revenue Highlights

Latest Revenue (Y)

$407.97M

Latest Revenue (Q)

$146.22M

Main Segment (Y)

Managed Services

Willis Lease Finance Revenue by Period

Willis Lease Finance Revenue by Year

DateRevenueChange
2023-12-31$407.97M30.79%
2022-12-31$311.93M13.76%
2021-12-31$274.20M-5.02%
2020-12-31$288.69M-29.44%
2019-12-31$409.16M17.46%
2018-12-31$348.35M26.75%
2017-12-31$274.84M32.60%
2016-12-31$207.27M3.84%
2015-12-31$199.61M14.53%
2014-12-31$174.29M10.02%
2013-12-31$158.41M6.97%
2012-12-31$148.09M-5.47%
2011-12-31$156.65M5.63%
2010-12-31$148.30M-1.42%
2009-12-31$150.44M-

Willis Lease Finance generated $407.97M in revenue during NA 2023, up 30.79% compared to the previous quarter, and up 117.12% compared to the same period a year ago.

Willis Lease Finance Revenue by Quarter

DateRevenueChange
2024-09-30$146.22M6.97%
2024-06-30$136.69M27.02%
2024-03-31$107.61M-1.09%
2023-12-31$108.80M2.89%
2023-09-30$105.75M-2.98%
2023-06-30$109.00M21.74%
2023-03-31$89.53M1.58%
2022-12-31$88.14M14.64%
2022-09-30$76.89M-1.52%
2022-06-30$78.08M13.45%
2022-03-31$68.82M-9.23%
2021-12-31$75.81M7.10%
2021-09-30$70.79M6.50%
2021-06-30$66.47M8.75%
2021-03-31$61.13M-0.59%
2020-12-31$61.49M-12.92%
2020-09-30$70.61M-5.83%
2020-06-30$74.98M-8.12%
2020-03-31$81.61M-8.54%
2019-12-31$89.23M-25.87%
2019-09-30$120.37M25.65%
2019-06-30$95.80M-7.68%
2019-03-31$103.77M-12.20%
2018-12-31$118.19M51.58%
2018-09-30$77.97M4.94%
2018-06-30$74.30M16.29%
2018-03-31$63.89M1.11%
2017-12-31$63.19M-4.06%
2017-09-30$65.86M-2.92%
2017-06-30$67.84M-12.96%
2017-03-31$77.95M40.50%
2016-12-31$55.48M7.80%
2016-09-30$51.46M3.71%
2016-06-30$49.62M-1.86%
2016-03-31$50.56M-8.40%
2015-12-31$55.20M-4.44%
2015-09-30$57.76M33.63%
2015-06-30$43.22M0.96%
2015-03-31$42.81M-6.48%
2014-12-31$45.78M7.10%
2014-09-30$42.74M1.17%
2014-06-30$42.25M-1.74%
2014-03-31$43.00M-8.90%
2013-12-31$47.20M24.38%
2013-09-30$37.95M-0.00%
2013-06-30$37.95M7.50%
2013-03-31$35.30M-11.06%
2012-12-31$39.69M5.83%
2012-09-30$37.51M6.69%
2012-06-30$35.15M-1.64%
2012-03-31$35.74M-5.12%
2011-12-31$37.67M-4.59%
2011-09-30$39.48M2.04%
2011-06-30$38.69M-5.19%
2011-03-31$40.81M2.97%
2010-12-31$39.63M-1.39%
2010-09-30$40.19M22.62%
2010-06-30$32.78M-8.18%
2010-03-31$35.70M-8.06%
2009-12-31$38.83M-

Willis Lease Finance generated $146.22M in revenue during Q3 2024, up 6.97% compared to the previous quarter, and up 134.15% compared to the same period a year ago.

Willis Lease Finance Revenue Breakdown

Willis Lease Finance Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Revenue$2.84M$1.48M$13.45M$9.66M$3.93M
Managed Services$29.25M$23.61M$11.43M$8.75M$10.84M
Spare Parts And Equipment Sales$20.36M$27.01M$17.42M$18.63M$74.65M
Asset Transition Fees--$6.26M--
Managed Services And Other Revenue-$25.09M$14.78M--

Willis Lease Finance's latest annual revenue breakdown by segment (product or service), as of Dec 23: Managed Services (55.76%), Spare Parts And Equipment Sales (38.82%), and Other Revenue (5.42%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Spare Parts And Equipment Sales$10.86M$6.19M$3.29M$7.40M$3.36M$4.55M$5.05M$6.62M$6.97M$6.79M$6.63M$4.19M$5.09M$3.57M$4.57M$3.78M$2.89M$2.85M$9.11M$18.15M
Managed Services And Other Revenue$1.82M$2.68M$2.35M$2.39M$6.69M$6.94M$5.40M$4.39M$3.51M$4.10M----------
Maintenance Services$5.95M$6.78M$5.23M-----------------
Managed Services---$9.38M$7.62M$6.71M$5.53M$7.78M$6.40M$4.79M$4.64M$3.10M$2.81M$3.25M$2.27M$2.25M$2.38M$1.63M$2.58M-
Other Revenue---$719.00K$615.00K$1.19M$320.00K$-5.39M$2.65M$1.93M$2.29M$2.92M$3.88M$3.69M$2.96M$9.62M$-38.00K$2.76M$1.52M-
Asset Transition Fees-----------$6.26M--------

Willis Lease Finance's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Spare Parts And Equipment Sales (58.32%), Maintenance Services (31.93%), and Managed Services And Other Revenue (9.75%).

Willis Lease Finance Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ALTGAlta Equipment Group$1.88B$448.80M
CTOSCustom Truck One Source$1.87B$447.22K
HEESH&E Equipment Services$1.47B$384.86M
GATXGATX$1.41B$405.40M
WLFCWillis Lease Finance$407.97M$146.22M

WLFC Revenue FAQ

What is Willis Lease Finance’s yearly revenue?

Willis Lease Finance's yearly revenue for 2023 was $407.97M, representing an increase of 30.79% compared to 2022. The company's yearly revenue for 2022 was $311.93M, representing an increase of 13.76% compared to 2021. WLFC's yearly revenue for 2021 was $274.2M, representing a decrease of -5.02% compared to 2020.

What is Willis Lease Finance’s quarterly revenue?

Willis Lease Finance's quarterly revenue for Q3 2024 was $146.22M, a 6.97% increase from the previous quarter (Q2 2024), and a 38.28% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $136.69M, a 27.02% increase from the previous quarter (Q1 2024), and a 25.41% increase year-over-year (Q2 2023). WLFC's quarterly revenue for Q1 2024 was $107.61M, a -1.09% decrease from the previous quarter (Q4 2023), and a 20.19% increase year-over-year (Q1 2023).

What is Willis Lease Finance’s revenue growth rate?

Willis Lease Finance's revenue growth rate for the last 3 years (2021-2023) was 48.79%, and for the last 5 years (2019-2023) was -0.29%.

What are Willis Lease Finance’s revenue streams?

Willis Lease Finance's revenue streams in c 23 are Other Revenue, Managed Services, and Spare Parts And Equipment Sales. Other Revenue generated $2.84M in revenue, accounting 5.42% of the company's total revenue, up 91.77% year-over-year. Managed Services generated $29.25M in revenue, accounting 55.76% of the company's total revenue, up 23.86% year-over-year. Spare Parts And Equipment Sales generated $20.36M in revenue, accounting 38.82% of the company's total revenue, down -24.62% year-over-year.

What is Willis Lease Finance’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Willis Lease Finance was Managed Services. This segment made a revenue of $29.25M, representing 55.76% of the company's total revenue.