olivLaw · US equity research
Willis Lease Finance Corporation WLFC
Wholesale-Machinery, Equipment & Supplies · SIC 5080 · Vertical: Wholesale-Machinery, Equipment & Supplies (SIC 5080)
Willis Lease Finance Corporation (WLFC) is a lessor of commercial aircraft and engines that earns from lease rents, maintenance reserves and parts sales, and its third-party asset management has grown quickly. In the first half of 2026 the company accelerated growth in assets under management while quarterly revenue stayed nearly flat, which makes the trend worth watching in coming quarters. For context, total revenue in 2025 was 730.2 million USD.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Willis Lease Finance Corporation (WLFC) stock was 47.65 USD (+10.69% on the day), with market capitalisation 1.0 bn USD, P/E 3.1 on diluted EPS of 15.39 USD over the last 12 months, dividend yield 3.29%, beta 1.46, 52-week range 36.96–79.97 USD. Latest reported quarter (Q3 2026): revenue of 246.3 m USD (+34.3% YoY), net income of 11.7 m USD (−52.0% YoY), diluted EPS 0.47 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 62.5
- strong (55–70)
- Bollinger (20, 2)
- 35.16 – 45.15
- above the upper band · %B 1.25 · band width 24.9%
- SMA 50 / 200
- 47.70 / 60.13
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.96 / -2.38
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +11.2% | −1.1% | +12.3 pp | — |
| 3 months | −26.9% | −0.5% | −26.5 pp | — |
| 6 months | −40.2% | +4.4% | −44.6 pp | — |
| Year to date | +5.4% | +12.3% | −6.9 pp | — |
| 1 year | +20.5% | +13.5% | +7.0 pp | +15.2% |
| 3 years | +222.9% | +76.4% | +146.5 pp | −13.4% |
| 5 years | +249.9% | +63.7% | +186.2 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152.8 m | 157.7 m | 195.5 m | 183.4 m | 193.6 m | 194.3 m | 194.0 m | 246.3 m |
| Operating income | 29.4 m | 23.9 m | 28.3 m | 38.0 m | 14.1 m | 33.8 m | 34.0 m | 11.5 m |
| Depreciation & amortisation | 24.2 m | 25.0 m | 27.6 m | 28.7 m | 30.3 m | 30.2 m | 29.1 m | 31.4 m |
| Interest expense | 29.4 m | 32.1 m | 33.6 m | 34.2 m | 32.2 m | 32.6 m | 29.7 m | 32.2 m |
| Pre-tax income | 30.4 m | 25.3 m | 74.3 m | 43.2 m | 17.8 m | 36.8 m | 38.1 m | 18.8 m |
| Income tax | 9.3 m | 8.4 m | 13.9 m | 18.9 m | 5.7 m | 11.8 m | 7.8 m | 7.1 m |
| Net income | 21.1 m | 16.9 m | 60.4 m | 24.3 m | 12.2 m | 25.1 m | 30.2 m | 11.7 m |
| Diluted EPS | 3.02 ≈ | 2.21 | 2.81 | 1.08 | — | 3.26 | 1.31 | 0.47 |
| Operating cash flow | 68.0 m | 41.0 m | 104.2 m ≈ | 63.9 m ≈ | 74.2 m | 56.7 m | 77.5 m ≈ | 104.8 m ≈ |
| Capex | 12.9 m | 7.5 m | 9.6 m ≈ | 6.0 m ≈ | 7.9 m | 3.5 m | 2.7 m ≈ | 2.0 m ≈ |
| Dividends paid | 1.8 m | 1.8 m | 1.9 m ≈ | 1.9 m ≈ | 3.1 m | 3.1 m | 3.0 m ≈ | 3.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 65 percentile of its own 31-quarter history (min 0.9, median 2.4, max 416.9; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 348.3 m | 409.2 m | 288.7 m | 274.2 m | 311.9 m | 418.6 m | 569.2 m | 730.2 m |
| Revenue YoY | +26.7% | +17.5% | −29.4% | −5.0% | +13.8% | +34.2% | +36.0% | +28.3% |
| Net income | 43.2 m | 66.9 m | 9.7 m | 3.4 m | 5.4 m | 43.8 m | 108.6 m | 113.8 m |
| Net income YoY | −30.4% | +54.8% | −85.4% | −65.6% | +62.3% | +704.9% | +148.1% | +4.7% |
| Diluted EPS | 6.60 | 10.50 | 1.05 | 0.00 | 0.33 | 6.23 | 15.34 | 15.39 |
| Diluted EPS YoY | −31.9% | +59.1% | −90.0% | −100.0% | unavailable | +1,787.9% | +146.2% | +0.3% |
| net % | 12.4% | 16.4% | 3.4% | 1.2% | 1.7% | 10.5% | 19.1% | 15.6% |
| Free cash flow | 185.2 m | 224.0 m | 90.5 m | 88.5 m | 137.8 m | 224.6 m | 268.8 m | 252.2 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 16.4 m USD
- Financial debt
- 2.7 bn USD
- Net debt
- 2.7 bn USD
- Equity
- 662.1 m USD
- Total assets
- 3.9 bn USD
- Debt / equity
- 4.08x
- Current ratio
- unavailable
- ROE
- 18.8%
- ROA
- 3.1%
- FCF margin
- 34.5%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 288.7 m | 274.2 m | 311.9 m | 418.6 m | 569.2 m | 730.2 m | SEC (XBRL)· 30 Mar 2026verified |
| Operating income | 14.7 m | 8.3 m | 9.9 m | 64.2 m | 144.4 m | 104.3 m | SEC (XBRL)· 30 Mar 2026verified |
| Depreciation & amortisation | 94.5 m | 90.5 m | 88.3 m | 90.9 m | 92.5 m | 111.6 m | SEC (XBRL)· 30 Mar 2026verified |
| EBITDA | 109.2 m ≈ | 98.8 m ≈ | 98.1 m ≈ | 155.1 m ≈ | 236.9 m ≈ | 215.8 m ≈ | SEC (XBRL)· 30 Mar 2026derived |
| Interest expense | 63.0 m | 68.0 m | 66.7 m | 78.8 m | 104.8 m | 132.1 m | SEC (XBRL)· 30 Mar 2026verified |
| Pre-tax income | 17.3 m | 9.1 m | 9.8 m | 67.1 m | 152.6 m | 160.6 m | SEC (XBRL)· 30 Mar 2026verified |
| Income tax | 7.6 m | 5.8 m | 4.4 m | 23.3 m | 44.0 m | 46.8 m | SEC (XBRL)· 30 Mar 2026verified |
| Net income | 9.7 m | 3.4 m | 5.4 m | 43.8 m | 108.6 m | 113.8 m | SEC (XBRL)· 30 Mar 2026verified |
| Diluted EPS | 1.05 | 0.00 | 0.33 | 6.23 | 15.34 | 15.39 | SEC (XBRL)· 30 Mar 2026verified |
| Weighted average diluted shares | 6.1 m | 6.3 m | 6.3 m | 6.5 m | 6.8 m | 7.0 m | SEC (XBRL)· 30 Mar 2026verified |
| Dividend per share | — | — | — | — | 1.50 | 1.15 | SEC (XBRL)· 30 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 42.5 m | 14.3 m | 12.1 m | 7.1 m | 9.1 m | 16.4 m | SEC (XBRL)· 30 Mar 2026verified |
| Receivables | — | — | — | 58.5 m | 38.3 m | 35.7 m | SEC (XBRL)· 30 Mar 2026verified |
| Property, plant & equipment, net | 31.8 m | — | — | — | — | — | SEC (XBRL)· 15 Mar 2021verified |
| Goodwill | — | — | — | — | 1.0 m | 300.0 k | SEC (XBRL)· 30 Mar 2026verified |
| Intangibles (excl. goodwill) | 1.2 m | 1.2 m | 1.1 m | — | — | — | SEC (XBRL)· 05 May 2023verified |
| Total assets | 2.4 bn | 2.5 bn | 2.6 bn | 2.7 bn | 3.3 bn | 3.9 bn | SEC (XBRL)· 30 Mar 2026verified |
| Long-term debt | 1.7 bn | 1.8 bn | 1.8 bn | 1.8 bn | 2.3 bn | 2.7 bn | SEC (XBRL)· 30 Mar 2026verified |
| Total liabilities | 2.0 bn | 2.0 bn | 2.1 bn | 2.2 bn | 2.7 bn | 3.2 bn | SEC (XBRL)· 30 Mar 2026verified |
| Equity | 364.0 m † | 375.9 m † | 404.7 m † | 439.0 m † | 549.3 m † | 662.1 m | SEC (XBRL)· 04 Aug 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 93.4 m | 90.7 m | 144.4 m | 229.7 m | 284.4 m | 283.2 m | SEC (XBRL)· 30 Mar 2026verified |
| Capex | 3.0 m | 2.2 m | 6.6 m | 5.1 m | 15.6 m | 31.1 m | SEC (XBRL)· 30 Mar 2026verified |
| Free cash flow | 90.5 m ≈ | 88.5 m ≈ | 137.8 m ≈ | 224.6 m ≈ | 268.8 m ≈ | 252.2 m ≈ | SEC (XBRL)· 30 Mar 2026derived |
| Investing cash flow | -506.7 m | -148.0 m | -194.4 m | -92.8 m | -764.9 m | -256.4 m | SEC (XBRL)· 30 Mar 2026verified |
| Financing cash flow | 428.5 m | 74.1 m | 43.3 m | -57.9 m | 445.0 m | 387.6 m | SEC (XBRL)· 30 Mar 2026verified |
| Dividends paid | — | — | — | 0 | 10.7 m | 8.7 m | SEC (XBRL)· 30 Mar 2026verified |
| Share repurchases | 1.5 m | 10.1 m | 5.2 m | 9.4 m | 0 | 3.8 m | SEC (XBRL)· 30 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 54 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 1.0 bn USD
Key indicators
Coverage and freshness
Score by group
- Valuation57
- Balance sheet0
- Quality55
- Growth100
- Returns54
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 89.39 – 1,324.22 USD.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)418.25 – 1,324.22 (Mid 659.11)WACC 5.7% · starting FCFF 386.9 m USD · terminal value share of EV 86%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: no growth between −30% and +40% justifies the price
- Peers: EV/EBITDAunavailable · not enough peers
- Peers: P/E89.39 – 120.15 (Mid 98.69)3 companies used · median multiple 26.4x · quartiles 23.9x – 32.1xAIT, HDSN, TLIH
- Dividend discount (DDM)outside the aggregate15.11 – 20.32 (Mid 17.33)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 54/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 2.2% | 1 (on a fixed band) | 11% |
| Net margin · Quality | 9.6% | 100 (vs peers) | 7% |
| FCF conversion · Quality | 375.3% | 100 (on a fixed band) | 7% |
| Revenue CAGR 3Y · Growth | 32.8% | 100 (on a fixed band) | 9% |
| EPS CAGR 3Y · Growth | 259.9% | 100 (on a fixed band) | 9% |
| Net debt / EBITDA · Balance sheet | 11.7x | 0 (on a fixed band) | 11% |
| Interest coverage · Balance sheet | 0.7x | 0 (on a fixed band) | 7% |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | 12.7x | 78 (on a fixed band) | 11% |
| EV/EBITDA · Valuation | 16.4x | 0 (on a fixed band) | 11% |
| FCF yield · Valuation | 29.4% | 100 (on a fixed band) | 9% |
| Shareholder yield (distributions) · Returns | 1.6% | 23 (on a fixed band) | 7% |
| Payout ratio (FCF) · Returns | 4.1% | 100 (on a fixed band) | 4% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet0/100 · 2/3 factors with a value
- Growth100/100 · 2/2 factors with a value
- Quality55/100 · 3/3 factors with a value
- Returns54/100 · 2/2 factors with a value
- Valuation57/100 · 3/3 factors with a value
Memo
WILLIS LEASE FINANCE CORP (WLFC). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 730.2 m USD in 2025; YoY growth 28.3%; net margin 9.6%; ROE 11.5%; net debt/EBITDA 11.7x.
The estimated value range is 253.82–722.19 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 378.90 USD, the price of 47.65 USD leaves a potential of 695.2% (value / price − 1) and a margin of safety of 87.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 54/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 9.6%
- FCF conversion: 375.3%
- Revenue CAGR 3Y: 32.8%
- EPS CAGR 3Y: 259.9%
- P/E (TTM): 12.7x
- FCF yield: 29.4%
- Payout ratio (FCF): 4.1%
- The price is below the estimated value range
What contradicts it
- ROIC: 2.2%
- Net debt / EBITDA: 11.7x
- Interest coverage: 0.7x
- EV/EBITDA: 16.4x
- Shareholder yield (distributions): 1.6%
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Current ratio.
Versus the vertical median
Wholesale-Machinery, Equipment & Supplies (SIC 5080) · same industry (4-digit SIC) · compared with 5 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AITApplied Industrial Technologies, Inc. | 10.9 bn | 26.4 | 22.5% | 8.4% | +8.8% | +15% / +86% |
| DSGRDistribution Solutions Group, Inc. | 1.6 bn | 180.0 | 1.4% | 0.4% | +9.8% | +26% / +38% |
| WLFCWillis Lease Finance Corp | 1.0 bn | 12.7 | 11.5% | 9.6% | +28.3% | +21% / +223% |
| ASLEAerSale Corporation | 237.2 m | — | -0.9% | -1.2% | −2.8% | −23% / −64% |
| HDSNHudson Technologies Inc | 185.6 m | 21.4 | 3.6% | 3.5% | +4.0% | −35% / −64% |
| TLIHTen-League International Holdings Limited | 167.1 m | 37.9 | 49.6% | 7.3% | +38.4% | +59% / unavailable |
1- and 3-year price returns: for WLFC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 31.14 Total return -34% · Per year -34% | 54.80 Total return 16% · Per year 16% | 82.20 Total return 74% · Per year 74% |
| 3 years | 36.93 Total return -20% · Per year -7% | 72.47 Total return 55% · Per year 16% | 118.36 Total return 152% · Per year 36% |
| 5 years | 43.81 Total return -4% · Per year -1% | 95.84 Total return 107% · Per year 16% | 170.44 Total return 266% · Per year 30% |
- Exit P/E± 18.12
- Net margin± 12.68
- Annual revenue growth± 9.46
- Annual dilution± 1.07
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results), 10-Q (03 Nov 2026).
In brief
Willis Lease Finance Corporation (WLFC) is a lessor of commercial aircraft and engines that earns from lease rents, maintenance reserves and parts sales, and its third-party asset management has grown quickly. In the first half of 2026 the company accelerated growth in assets under management while quarterly revenue stayed nearly flat, which makes the trend worth watching in coming quarters. For context, total revenue in 2025 was 730.2 million USD 1.
SWOT
Strengths
- A diversified portfolio of engines and aircraft with many customers across multiple countries, which reduces dependence on any single customer.
- Vertical integration through the parts subsidiary and maintenance services, which can capture value across the asset life cycle.
- Ability to attract partnerships with funds and institutional investors, extending asset management without growing the balance sheet alone.
Weaknesses
- Dependence on the financial condition of aviation customers, which can delay payments or require restructuring.
- Quarterly lease rent and maintenance revenue stayed largely flat in 2026, pointing to sensitivity to utilisation cycles.
- Significant write-downs of some assets have led to carrying-value adjustments in recent years.
Opportunities
- Expected growth of the global fleet and of leased engine share could widen the addressable market.
- Growing third-party asset management could bring fee income that is less capital-intensive.
- Acquisitions of new portfolios, such as the one announced in 2026, could strengthen market position if completed.
Threats
- Environmental rules and emissions schemes could reduce the value of older engines.
- A drop in air travel demand from economic or geopolitical shocks could weigh on customer payments.
- Trade tariffs and interest rate volatility could raise financing costs and affect acquisitions.
Risks
- Counterparty riskhigh
Customers may face financial difficulties, which could lead to non-payment, rescheduling or asset repossession.
- Residual value of assetshigh
A decline in engine values, especially after host aircraft are retired, could reduce gains on sale.
- Regulation and compliancemedium
Changes to noise, emissions and export rules could limit the use or sale of engines.
- Financing and interest ratesmedium
A high-rate environment could raise the cost of financing new acquisitions and refinancing.
- Cybersecuritylow
Cyberattacks could disrupt operations and expose sensitive customer data.
Investment thesis
What would need to be true (bull case)
- Growth of the global fleet and of leasing could support long-term demand for the company's portfolio.
- Third-party asset management has grown quickly, which could diversify income without proportionally growing the balance sheet.
- Integration with parts and maintenance services could help the company extract value from assets over their full life.
What would break the thesis
- Quarterly revenue stayed nearly flat in the second quarter of 2026, which could signal slower underlying growth.
- Revenue concentration in a few large customers could amplify the impact of financial trouble at any one of them.
- The announced acquisition depends on unmet closing conditions and price adjustments, which could change the outcome.
What to watch
- Completion of the WNG portfolio acquisition and its effect on the balance sheetQ3 2026
- Trend in lease rent and maintenance revenue as portfolio utilisation evolvesQ3 2026
- Growth of assets under management and performance of fund partnerships2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results), 10-Q (03 Nov 2026).
The business
Total revenue rose 28.3% in 2025 to 730.2 million USD, supported by higher lease rent and parts sales revenue 1. In the third quarter of 2026 the company announced the acquisition of a portfolio of aircraft and engines for a base price of about 379.3 million USD, whose completion depends on closing conditions not yet met 2.
Asset management has become a strategic pillar: as of 30 June 2026, assets under management, including on-balance-sheet and fund assets, reached 4.4 billion USD, and partnerships with institutional investors began operating in 2026 3. This direction diversifies income beyond simply owning assets.
Market context
The engine leasing market depends on the number of aircraft in fleets and on the share of engines leased rather than owned by operators. Boeing projects 3.1% annual growth in the global commercial jet fleet, to 49,640 aircraft by 2044 1. Airlines increasingly treat spare engines as capital assets, which can support leasing penetration 1.
Trends
- Growth of the global fleettailwind
If the commercial fleet grows as manufacturers expect, demand for spare engines could support long-term leasing revenue 1.
- Leasing penetrationtailwind
Operators that treat spare engines as capital assets might prefer leasing over purchase, which could support the company's portfolio 1.
- Environmental regulationheadwind
Emissions rules and schemes such as ETS and CORSIA could favour newer, more efficient aircraft, making it harder to re-lease older engines 1.
- Tariffs and macroeconomic conditionsmixed
Uncertainty over interest rates, inflation and tariffs could affect customers and asset values, although the company does not currently see a material tariff impact 2.
Competitive position
The company operates in a global market for engine and aircraft leasing, competing with other specialised lessors and with investment funds in aviation assets. The sources reviewed do not detail competitors' relative positions, so the comparison stays limited to what the company's own documents describe.
WLFC's stated advantage lies in vertical integration across parts, maintenance and asset management, which could support margins against competitors that only lease 13.
- Other independent aircraft engine lessors
Specialised engine lessors competing with WLFC for aviation customers, as described in the company's market overview.
- Aviation asset investment funds
Institutional investors that finance aircraft and engine portfolios, sometimes in partnership with lessors and sometimes as a competing channel for capital and assets.
- Maintenance, repair and overhaul providers
Providers that may own or lease their own engines and compete in some services WLFC offers through its repair subsidiaries.
- Engine parts suppliers
Companies selling used serviceable material in the same niche as WLFC's parts segment, where competition can be relevant.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Willis Lease Finance (WLFC) Bets on Malaysia for Next Phase of Global ExpansionYahoo Finance — News · 20 Sept 2026 · EN
- Willis Lease Finance (WLFC) Expands Fleet with New Aircraft and Engine AcquisitionYahoo Finance — News · 19 Sept 2026 · EN
- Willis Lease Finance (WLFC) Grows Fast While Its Bottom Line ShrinksYahoo Finance — News · 13 Sept 2026 · EN
The latest news item in our archive is from 20 Sept 2026; the newest SEC filing is from 03 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Quarterly report03 Nov 2026
- Current report03 Nov 2026Results of operations · Financial statements and exhibits
- Current report30 Oct 2026Other events · Financial statements and exhibits
- Current report26 Oct 2026Regulation FD disclosure · Financial statements and exhibits
- Current report30 Sept 2026Amendments to articles or bylaws · Financial statements and exhibits
- Current report22 Sept 2026Item 3.02 · Financial statements and exhibits
- Current report08 Sept 2026Regulation FD disclosure · Financial statements and exhibits
- Current report25 Aug 2026Acquisition or disposition of assets · Regulation FD disclosure · Financial statements and exhibits
- Current report06 Aug 2026Material agreement
- Quarterly report04 Aug 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Willis Lease Finance Corporation · 10 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Willis Lease Finance Corporation · 04 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Willis Lease Finance Corporation · 04 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.