For the year ending 2025-12-31, WLFC had $414,439K increase in cash & cash equivalents over the period. $252,153K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 113,758 |
| Depreciation and amortization expense | 111,553 |
| Gain on sale of leased equipment | 54,025 |
| Stock-based compensation expense | 44,566 |
| Gain on sale of business | 42,950 |
| Write-down of equipment | 32,947 |
| Income from joint ventures | 13,365 |
| Accretion of deferred costs and note discounts | 10,789 |
| Payments received on sales-type leases | 6,215 |
| Loss on debt extinguishment | -3,081 |
| Loss on derivative instruments | 2,980 |
| Amortization of contract-based intangible asset | 1,497 |
| Allowances and provisions | -544 |
| Gain on sale of financial assets | 378 |
| Loss on disposal of property, equipment and furnishings | -45 |
| Gain on insurance proceeds | 0 |
| Deferred income taxes | -45,875 |
| Receivables | -1,480 |
| Inventory | -13,341 |
| Other assets | 27,595 |
| Distributions received from joint ventures | 3,766 |
| Accounts payable and accrued expenses | 8,465 |
| Maintenance reserves | 26,146 |
| Security deposits | -602 |
| Unearned revenue | -5,014 |
| Net cash provided by operating activities | 283,235 |
| Purchase of equipment held for operating lease and for sale | 524,579 |
| Proceeds from sale of equipment (net of selling expenses) | 269,662 |
| Purchase of property, equipment and furnishings | 31,082 |
| Proceeds from sale of business | 21,938 |
| Payments received on notes receivable | 16,910 |
| Contributions to joint ventures | 9,246 |
| Issuance of notes receivable | 0 |
| Insurance proceeds received on property, equipment and furnishings | 0 |
| Net cash used in investing activities | -256,397 |
| Proceeds from issuance of debt obligations | 1,660,951 |
| Principal payments on debt obligations | 1,221,509 |
| Cancellation of restricted stock units in satisfaction of withholding tax | 19,289 |
| Debt issuance costs | 14,584 |
| Common stock cash dividends paid | 8,720 |
| Preferred stock dividends | 5,710 |
| Repurchase of common stock | 3,788 |
| Proceeds from shares issued under stock compensation plans | 250 |
| Proceeds from issuance of preferred stock | 0 |
| Net cash provided by financing activities | 387,601 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 414,439 |
| Cash, cash equivalents and restricted cash at beginning of period | 132,502 |
| Cash, cash equivalents and restricted cash at end of period | 546,941 |
WILLIS LEASE FINANCE CORP (WLFC)
WILLIS LEASE FINANCE CORP (WLFC)