Air Lease Corporation is an aircraft leasing company. Co. is principally engaged in purchasing the technology commercial jet aircraft directly from aircraft manufacturers, such as Airbus S.A.S. (Airbus) and The Boeing Co. (Boeing) and leasing those aircraft to airlines throughout the world. In addition to its leasing activities, the Co. sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines and other investors. Co. also provide fleet management services to investors and owners of aircraft portfolios for a management fee. We show 53 historical shares outstanding datapoints in our AL shares outstanding history coverage, used to compute AL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AL market cap history over the course of time is important for investors
interested in comparing AL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AL versus a peer is one thing; comparing
AL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AL can fluctuate over the course of history.
With this page we aim to empower investors researching AL by allowing them to research the AL market cap history. |
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Video: The Importance of Market Cap
