AL · As filed with the SEC
Sumisho Air Lease income statement, by fiscal year
The statement as Sumisho Air Lease presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME/(LOSS) · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenues and other income | ||||||||
| Rental of flight equipment | — | — | — | — | — | — | — | 1,631,200,000 |
| Rental of flight equipment revenue | 2,684,519 | 2,487,955 | 2,477,607 | 2,214,508 | 2,003,337 | 1,946,620 | 1,916,869 | — |
| Lease rentals | 2,615,364 | — | — | — | — | — | — | — |
| Maintenance rentals and other receipts | 69,155 | — | — | — | — | — | — | — |
| Gain on aircraft sales and trading and other income | 331,230 | 245,702 | 207,370 | 102,794 | 85,052 | 68,819 | 100,035 | 48,502 |
| Total revenues and other income | 3,015,749 | 2,733,657 | 2,684,977 | 2,317,302 | 2,088,389 | 2,015,439 | 2,016,904 | 1,679,702 |
| Expenses | ||||||||
| Interest | 837,761 | 781,996 | 654,910 | 492,924 | 462,396 | 431,733 | 397,320 | — |
| Amortization of debt discounts and issuance costs | 52,799 | 54,823 | 54,053 | 53,254 | 50,620 | 43,025 | 36,691 | 32,706 |
| Interest expense | — | — | — | — | — | 474,758,000 | 434,011,000 | 310,026,000 |
| Interest expense | — | — | 708,963 | 546,178 | 513,016 | — | — | 342,732 |
| Interest expense | 890,560 | 836,819 | — | — | — | — | — | — |
| Depreciation of flight equipment | 1,223,532 | 1,143,761 | 1,068,772 | 965,955 | 882,562 | 780,691 | 702,810 | 581,985 |
| Write-off of Russian fleet, net of recoveries | — | — | — | 771,476 | — | — | — | — |
| Write-off of Russian fleet, net of (recoveries) | — | 0 | (67,022) | — | — | — | — | — |
| Recoveries of Russian fleet write-off | (736,409) | — | — | — | — | — | — | — |
| Selling, general, and administrative | 219,443 | 185,933 | 186,015 | 156,855 | 125,279 | 95,684 | 123,653 | 97,369 |
| Stock-based compensation expense | 48,930 | 33,887 | 34,615 | 15,603 | 26,516 | 17,628 | 20,745 | 17,478 |
| Total expenses | 1,646,056 | 2,200,400 | 1,931,343 | 2,456,067 | 1,547,373 | 1,368,761 | 1,281,219 | 1,039,564 |
| Income before taxes | 1,369,693 | 533,257 | 753,634 | (138,765) | 541,016 | 646,678 | 735,685 | 640,138 |
| Income tax expense | (281,306) | (105,553) | (139,012) | 41,741 | (104,384) | (130,414) | (148,564) | (129,303) |
| Net income | 1,088,387 | 427,704 | 614,622 | (97,024) | 436,632 | 516,264 | 587,121 | 510,835 |
| Preferred stock dividends | (44,325) | (55,631) | (41,700) | (41,700) | (28,473) | (15,375) | (11,958) | — |
| Net income attributable to common stockholders, basic | 1,044,062 | 372,073 | 572,922 | (138,724) | 408,159 | 500,889 | 575,163 | — |
| Change in foreign currency translation adjustment | — | — | — | — | — | (6,828,000) | (7,191,000) | — |
| Change from current period hedged transaction | — | — | — | — | — | 8,992,000 | 5,441,000 | — |
| Net income attributable to common stockholders, diluted | 1,044,062 | 372,073 | 572,922 | (138,724) | 408,159 | — | — | — |
| Other comprehensive income/(loss): | ||||||||
| Foreign currency translation adjustment | (113,896) | 82,952 | (20,197) | 21,943 | (2,419) | — | — | — |
| Change in fair value of hedged transactions | 82,996 | (59,850) | 19,460 | (16,647) | (294) | — | — | — |
| Total tax benefit/(expense) on other comprehensive income/loss | 6,611 | (5,304) | 157 | (1,133) | 580 | (442) | 353 | — |
| Other comprehensive income/(loss), net of tax | (24,289) | 17,798 | (580) | 4,163 | (2,133) | 1,722 | (1,397) | — |
| Total comprehensive income attributable for common stockholders | 1,019,773 | 389,871 | 572,342 | (134,561) | 406,026 | 502,611 | 573,766 | — |
| Earnings per share of common stock: | ||||||||
| Basic (in dollars per share) | 9.35 | 3.34 | 5.16 | (1.24) | 3.58 | 4.41 | 5.14 | 4.88 |
| Diluted (in dollars per share) | 9.29 | 3.33 | 5.14 | (1.24) | 3.57 | 4.39 | 5.09 | 4.60 |
| Weighted-average shares of common stock outstanding | ||||||||
| Basic (in shares) | 111,712,160 | 111,325,481 | 111,005,088 | 111,626,508 | 114,050,578 | 113,684,782 | 111,895,433 | 104,716,301 |
| Diluted (in shares) | 112,330,337 | 111,869,386 | 111,438,589 | 111,626,508 | 114,446,093 | 114,014,021 | 113,086,323 | 112,363,331 |
| Dividends declared per share of common stock | — | — | — | — | — | 0.61 | 0.54 | 0.43 |
| Dividends declared per share of common stock (in dollars per share) | — | 0.85 | 0.81 | 0.76 | 0.67 | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.