Willis Lease Finance Q1 revenue rises 23% on higher lease and maintenance income

Willis Lease Finance

05/05/2026 11:41

Overview

US aircraft engine lessor's Q1 revenue grew 23% yr/yr on higher lease and maintenance income

EPS for Q1 rose 48% yr/yr

Company declared a quarterly dividend of $0.40 per share

Outlook

Company did not provide specific financial guidance for the current or future periods

Result Drivers

LEASE PORTFOLIO GROWTH - Lease rent revenue rose due to a larger average portfolio and higher utilization rates

MAINTENANCE SERVICES DEMAND - Record maintenance services revenue driven by airlines using WLFC's maintenance capabilities to avoid expensive engine shop visits

ASSET SALES - Gain on sale of leased equipment rose sharply as company sold more engines from its portfolio

Company press release: ID:nGNX8gPFYP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$194.30 mln
$175 mln (1 Analyst)
Q1 EPS
Beat
$3.26
$3.02 (1 Analyst)
Q1 Pretax Profit
$36.80 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Willis Lease Finance Corp is $190.00, about 3% below its May 4 closing price of $195.87

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)