willis lease has earned an industry-wide reputation for service, innovation, technical support and in-depth knowledge of commercial aviation. our core business is leasing commercial aircraft engines to airlines, oems and mros — worldwide. along with short- and long-term leasing, we have developed and implemented strategic engine pooling programs which provide pool members with attractive benefits. we provide innovative leasing solutions to our customers. these leasing activities are integrated with engine and aircraft trading, engine lease pools supported by cutting-edge technology, as well as technical and asset management, provided through its subsidiary willis asset management limited, and various end-of-life solutions for aircraft, engines and aviation materials provided through its subsidiary, willis aeronautical services, inc. with one of the largest and most diverse portfolios of engines in the aviation industry, we can meet a wide range of customer technical and operating requi
Company profile
Ticker
WLFC
Exchange
Website
CEO
Charles Willis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Hillman Companies • Applied Industrial • Distribution Solutions • Hudson • YBCC • Urban-gro • AerSale • FACT • Ten-League International ...
SEC CIK
Corporate docs
Subsidiaries
Carbonshift LLC • Coconut Creek Aviation Assets LLC • Facility Engine Acquisition LLC • WEST Engine Acquisition LLC • WEST Engine Funding LLC • WEST III Engines (Ireland) Limited • WEST IV Engines (Ireland) Limited • WEST V Engines (Ireland) Limited • WEST VI Assets Corporation • WEST VI Engines (Ireland) Limited ...
IRS number
680070656
WLFC stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
8-K
Willis Lease Finance Corporation Welcomes Colm Barrington to its Board of Directors
5 Apr 24
PRE 14A
Preliminary proxy
4 Apr 24
S-8
Registration of securities for employees
15 Mar 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Record Results for Willis Lease Finance Corporation in 2023
12 Mar 24
8-K
Other Events
9 Feb 24
8-K
Willis Lease Finance Corporation Welcomes Brendan Curran to its Board of Directors
28 Dec 23
UPLOAD
Letter from SEC
20 Dec 23
Latest ownership filings
4
Scott B. Flaherty
23 Apr 24
144
Notice of proposed sale of securities
19 Apr 24
4
Scott B. Flaherty
18 Apr 24
144
Notice of proposed sale of securities
18 Apr 24
144
Notice of proposed sale of securities
17 Apr 24
144
Notice of proposed sale of securities
16 Apr 24
4
Scott B. Flaherty
9 Apr 24
144
Notice of proposed sale of securities
5 Apr 24
4
Scott B. Flaherty
5 Apr 24
144
Notice of proposed sale of securities
4 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 55.63 mm | 55.63 mm | 55.63 mm | 55.63 mm | 55.63 mm | 55.63 mm |
Cash burn (monthly) | (no burn) | 2.15 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 14.74 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 40.89 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 19.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
70.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 49 |
Opened positions | 7 |
Closed positions | 5 |
Increased positions | 20 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 57.09 bn |
Total shares | 4.97 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Willis Charles F Iv | 2.13 mm | $0.00 |
M3F | 623.97 k | $26.39 mm |
M3 Partners | 600.00 k | $0.00 |
Dimensional Fund Advisors | 494.97 k | $20.94 bn |
Renaissance Technologies | 253.10 k | $10.71 mm |
BLK Blackrock | 166.04 k | $7.02 bn |
RBF Capital | 107.61 k | $4.55 bn |
Vanguard | 103.77 k | $4.39 bn |
Bridgeway Capital Management | 67.96 k | $2.87 bn |
BAC Bank Of America | 64.55 k | $2.73 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50.01 | 100 | 5.00 k | 110,253 |
18 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50.345 | 100 | 5.03 k | 110,353 |
17 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50 | 200 | 10.00 k | 110,453 |
16 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50.43 | 2,200 | 110.95 k | 110,653 |
5 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50.08 | 400 | 20.03 k | 112,853 |
4 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50.18 | 200 | 10.04 k | 113,253 |
3 Apr 24 | Flaherty Scott B. | Common Stock | Sell | Dispose S | No | No | 50 | 100 | 5.00 k | 113,453 |
1 Apr 24 | Hole Brian Richard | Common Stock | Payment of exercise | Dispose F | No | No | 48.78 | 19,899 | 970.67 k | 114,022 |
1 Apr 24 | Hole Brian Richard | Common Stock | Grant | Acquire A | No | No | 48.78 | 28,500 | 1.39 mm | 133,921 |
1 Apr 24 | Hole Brian Richard | Common Stock | Grant | Acquire A | No | No | 48.78 | 15,200 | 741.46 k | 105,421 |