Willis Lease Finance (WLFC) Revenue & Revenue Breakdown


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Willis Lease Finance Revenue Highlights


Latest Revenue (Y)

$407.97M

Latest Revenue (Q)

$151.12M

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-1.22%
2008-12-31$152.29M24.94%
2007-12-31$121.90M43.45%
2006-12-31$84.97M20.45%
2005-12-31$70.55M13.90%
2004-12-31$61.94M3.46%
2003-12-31$59.87M7.14%
2002-12-31$55.88M-15.53%
2001-12-31$66.15M34.97%
2000-12-31$49.01M-41.23%
1999-12-31$83.40M11.80%
1998-12-31$74.60M47.72%
1997-12-31$50.50M56.35%
1996-12-31$32.30M42.29%
1995-12-31$22.70M-

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
2024-06-30$151.12M40.43%
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-11.03%
2009-09-30$43.64M30.70%
2009-06-30$33.39M-3.44%
2009-03-31$34.58M-6.33%
2008-12-31$36.92M-19.56%
2008-09-30$45.89M23.24%
2008-06-30$37.24M15.50%
2008-03-31$32.24M-5.17%
2007-12-31$34.00M-

Willis Lease Finance generated $151.12M in revenue during Q2 2024, up 40.43% compared to the previous quarter, and up 168.78% 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
Spare Parts And Equipment Sales$20.36M$27.01M$17.42M$18.63M$74.65M
Managed Services$29.25M$23.61M$11.43M$8.75M$10.84M
Managed Services And Other Revenue-$25.09M$14.78M--
Asset Transition Fees--$6.26M--

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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Maintenance Services$6.78M$5.23M------------------
Spare Parts And Equipment Sales$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$24.41M
Managed Services And Other Revenue$2.68M$2.35M$2.39M$6.69M$6.94M$5.40M$4.39M$3.51M$4.10M-----------
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$2.49M$2.58M$2.18M
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$1.02M$1.52M$924.00K
Asset Transition Fees----------$6.26M---------

Willis Lease Finance's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Maintenance Services (43.34%), Spare Parts And Equipment Sales (39.54%), and Managed Services And Other Revenue (17.12%).

Willis Lease Finance Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AANAaron's Company$2.69B$625.96M
ALTGAlta Equipment Group$1.88B$441.60M
CTOSCustom Truck One Source$1.87B$423.01K
HEESH&E Equipment Services$1.47B$376.28M
GATXGATX$1.41B$386.70M
WLFCWillis Lease Finance$407.97M$151.12M

WLFC Revenue FAQ


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.

Willis Lease Finance's quarterly revenue for Q2 2024 was $151.12M, a 40.43% increase from the previous quarter (Q1 2024), and a 38.65% increase year-over-year (Q2 2023). The company'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). WLFC's quarterly revenue for Q4 2023 was $108.8M, a 2.89% increase from the previous quarter (Q3 2023), and a 23.43% increase year-over-year (Q4 2022).

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%.

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

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.