Willis Lease Q2 revenue up 29.4%, beats estimates

Overview

• Willis Lease Q2 revenue rises 29.4% to $195.5 mln, beating expectations

• Record pre-tax income of $74.3 mln achieved in Q2 2025

• Co's portfolio utilization increased to 88.3% at quarter end

Outlook

• Company cites aviation market strength as a driver for future leasing demand

Result Drivers

• LEASE RENT REVENUE - Lease rent revenue increased by 29.4% to $72.3 mln, driven by strong demand in the aviation marketplace

• MAINTENANCE RESERVE REVENUE - Short-term recurring maintenance reserve revenue rose by 9.5%, reflecting more engines on short-term lease conditions

• CONSULTANCY BUSINESS SALE - $43 mln gain from sale of aviation consultancy business to Willis Mitsui & Company Engine Support Limited joint venture

Key Details

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 $223.00, about 38% above its August 4 closing price of $138.23

• The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX47nZMf