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For the quarter ending 2026-03-31, WLFC has $3,506,185K in assets. $2,748,341K in debts. $24,554K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
78.39%
Unit: Thousand (K) dollars
Assets Breakdown
    • Equipment held for operating lea...
    • Restricted cash
    • Investments
    • Others
Liabilities Breakdown
    • Retained earnings
    • WESTVIIISeries ANotes
    • Line of credit facility outstand...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
24,554 16,441 12,885 37,267
Restricted cash
196,023 530,500 158,082 745,268
Equipment held for operating lease, less accumulated depreciation of 649,061 and 640,495 at march31, 2026 and december31, 2025, respectively
2,760,517 2,801,683 2,700,373 2,606,593
Maintenance rights
30,576 30,632 27,044 34,734
Equipment held for sale
14,764 20,509 23,329 13,191
Receivables, net of allowances of 1,120 and 868 at march31, 2026 and december31, 2025, respectively
38,886 35,717 42,289 37,644
Spare parts inventory
56,321 56,577 53,712 63,609
Investments
128,996 104,250 98,115 91,123
Property, equipment& furnishings, less accumulated depreciation of 29,421 and 27,869 at march31, 2026 and december31, 2025, respectively
75,767 73,835 67,393 62,653
Intangible assets, net
271 271 271 271
Notes receivable, net of allowances of 77 and 140 at march31, 2026 and december31, 2025, respectively
65,551 139,945 144,842 171,846
Investments in sales-type leases, net of allowances of 9 and 17 at march31, 2026 and december31, 2025, respectively
344 16,595 16,281 16,779
Due from affiliates
229 ---
Other assets
113,386 109,360 76,731 65,467
Total assets
3,506,185 3,936,315 3,421,347 3,946,445
Accounts payable and accrued expenses
72,636 105,706 79,648 86,720
Deferred income taxes
240,112 228,547 223,734 203,726
Line of credit facility outstanding amount-Secured Credit Facility Due April2021
421,000 650,000 497,000 -
WESTXISeries ANotes
333,561 337,400 --
WESTXISeries BNotes
54,869 55,500 --
WESTVIIISeries ANotes
509,988 514,720 519,492 -
WESTVIIISeries BNotes
70,075 70,725 71,381 -
WESTVIISeries ANotes
127,149 225,797 237,500 -
WESTVISeries ANotes
223,366 225,896 229,343 -
WESTVISeries BNotes
31,009 31,360 31,839 -
WESTVISeries CNotes
6,889 7,446 8,039 -
WESTVSeries ANotes
207,175 210,351 216,870 -
WESTVSeries BNotes
28,861 29,303 30,211 -
WESTVSeries CNotes
4,918 5,538 6,255 -
WESTIVSeries ANotes
--35,494 -
WESTIVSeries BNotes
--9,868 -
WESTIIISeries ANotes
83,483 142,640 146,047 -
WESTIIISeries BNotes
11,295 19,152 19,609 -
Willis Warehouse Facility LLC
-82,655 84,788 -
Notes Payable Due February2023
--20,573 -
Notes Payable Due November2032
--21,692 -
Notes Payable Due June2032
--17,637 -
Notes Payable Due March2033
--23,718 -
Notes Payable Due March2034
--20,902 -
Notes Payable Due April2034
--19,693 -
Other Fixed Rate Engine Notes Due June2032Through April2034
-123,685 --
Other Fixed Rate Engine Notes Due March2032And April2034
168,146 ---
Gross amount of debt
2,281,784 2,732,168 2,267,951 -
Less unamortized debt issuance costs and note discounts
-28,079 -31,830 -28,500 -
Debt obligations
2,253,705 2,700,338 2,239,451 2,800,643
Maintenance reserves
124,562 116,185 102,897 113,121
Security deposits
24,398 24,651 25,703 24,204
Unearned revenue
32,928 35,350 36,379 36,833
Total liabilities
2,748,341 3,210,777 2,707,812 3,265,247
Redeemable preferred stock (0.01 par value, 5,000 shares authorized 3,250 shares issued at march31, 2026 and december31, 2025, respectively)
63,470 63,401 63,331 63,261
Common stock (0.01 par value, 20,000 shares authorized 7,744 and 7,620 shares issued at march31, 2026 and december31, 2025, respectively)
77 76 76 76
Paid-in capital in excess of par
83,751 72,663 67,379 56,000
Retained earnings
611,333 590,785 583,094 562,121
Accumulated other comprehensive loss, net of income tax benefit of 224 and 395 at march31, 2026 and december31, 2025, respectively
-787 -1,387 -345 -260
Total shareholders equity
694,374 662,137 650,204 617,937
Total liabilities, redeemable preferred stock and equity
3,506,185 3,936,315 3,421,347 3,946,445
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Equipment held foroperating lease, less...$2,760,517K Restricted cash$196,023K Investments$128,996K Other assets$113,386K Property, equipment&furnishings, less...$75,767K Notes receivable, netof allowances of 77...$65,551K Spare parts inventory$56,321K Receivables, net ofallowances of 1,120 and 868...$38,886K Maintenance rights$30,576K Cash and cashequivalents$24,554K Equipment held for sale$14,764K Investments in sales-typeleases, net of...$344K Intangible assets, net$271K Due from affiliates$229K Total assets$3,506,185K Total liabilities,redeemable preferred stock...$3,506,185K Total liabilities$2,748,341K Total shareholdersequity$694,374K Redeemable preferred stock(0.01 par value, 5,000...$63,470K Accumulated othercomprehensive loss, net of...-$787K Debt obligations$2,253,705K Deferred income taxes$240,112K Maintenance reserves$124,562K Accounts payable andaccrued expenses$72,636K Unearned revenue$32,928K Security deposits$24,398K Retained earnings$611,333K Paid-in capital inexcess of par$83,751K Less unamortizeddebt issuance costs...-$28,079K Common stock (0.01 parvalue, 20,000 shares...$77K Gross amount of debt$2,281,784K WESTVIIISeries ANotes$509,988K Line of creditfacility outstanding...$421,000K WESTXISeries ANotes$333,561K WESTVISeries ANotes$223,366K WESTVSeries ANotes$207,175K Other Fixed RateEngine Notes Due...$168,146K WESTVIISeries ANotes$127,149K WESTIIISeries ANotes$83,483K WESTVIIISeries BNotes$70,075K WESTXISeries BNotes$54,869K WESTVISeries BNotes$31,009K WESTVSeries BNotes$28,861K WESTIIISeries BNotes$11,295K WESTVISeries CNotes$6,889K WESTVSeries CNotes$4,918K

WILLIS LEASE FINANCE CORP (WLFC)

WILLIS LEASE FINANCE CORP (WLFC)