Is the business good?
How good a business is WLFC?
Willis Lease Finance Corporation earns 3.1% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
3.1%
Return on invested capital · cost of capital 9.0% · 5.9 points below what the capital costs: growth destroys value
- Operating margin
- 16%
Operating margin · Rental & Leasing Services median 7.9% · 12 months to Q2 2026
- Cash conversion
- 2.75×
Cash conversion · 2.20× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +5.0%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 5.1% |
| FY2021 | 3.0% |
| FY2022 | 3.2% |
| FY2023 | 15% |
| FY2024 | 25% |
| FY2025 | 14% |
Details›
- Operating margin12 months to Q2 2026
- 16%
- Net margin12 months to Q2 2026
- 12%
- Free cash flow margin
- 33%
- Revenue, trailing twelve months
- $765M
- Free cash flow, trailing twelve months
- $252M
- Net income, trailing twelve months
- $92M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 3.1%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Rental & Leasing Services
Ranks #9 of 15 by Smart Score