earnings
confidence high
sentiment positive
materiality 0.70
Willis Lease reports record Q1 revenue $157.7M, pre-tax income $25.3M, utilization up to 86.4%
WILLIS LEASE FINANCE CORP
2025-Q1 EPS reported
$2.21
revenue$157,732,000
- Record Q1 revenue $157.7M, up 32.5% YoY; pre-tax income $25.3M.
- Lease rent revenue $67.7M (+28.1%); maintenance reserve revenue $54.9M (+25.0%).
- Portfolio utilization improved to 86.4% from 76.7% at year-end 2024.
- Spare parts sales surged to $18.2M vs $3.3M YoY, including a $7.0M discrete sale.
- Declared Q2 dividend $0.25/share, payable May 22, 2025 to holders of record May 12.