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Willis Lease Finance WLFC Accretion of deferred costs and note discounts

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Other financials

Income statement

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Revenue$194.3M+23.2%
Operating income$33.8M+41.4%
Net income$25.1M+48.7%
EPS (diluted)$3.26+47.5%

Balance sheet

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Cash & equivalents$220.6M+47.9%
Total debt$2.4B-3.6%
Total equity$694.4M+22.8%
Total assets$3.5B+7.1%

Cash flow

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Operating cash flow$56.7M+38.2%
CapEx$3.5M-52.7%
Free cash flow$53.1M+58.5%

Valuation

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Market cap$1.72B+1.9%
Enterprise value$3.91B-4.0%
P/E14.1×-2.0×
P/S2.3×-0.5×

Profitability

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Gross margin84.7%
Operating margin14.9%-8.3pp
Net margin15.9%-1.3pp
FCF margin35.4%-4.5pp

Returns & leverage

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Return on equity19.4%-1.0pp
Debt / equity3.5×-1.0×

Where this comes from

Reported directly by Willis Lease Finance in its filing.

Tagged under the XBRL concept wlfc:AccretionOfDeferredCostsAndDiscountsNotes.

The official record: Willis Lease Finance’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Willis Lease Finance's accretion of deferred costs and note discounts?
Willis Lease Finance (WLFC) reported accretion of deferred costs and note discounts of $3.12M in Q1 2026.
How has Willis Lease Finance's accretion of deferred costs and note discounts changed year-over-year?
Willis Lease Finance's accretion of deferred costs and note discounts increased by 24.7% year-over-year, from $2.5M to $3.12M.
What is the long-term trend for Willis Lease Finance's accretion of deferred costs and note discounts?
Over 2 years (2023 to 2025), Willis Lease Finance's accretion of deferred costs and note discounts has grown at a 32.5% compound annual growth rate (CAGR), from $6.15M to $10.79M.
What does accretion of deferred costs and note discounts mean?
Captures the non-cash amortization of deferred financing costs and the accretion of discounts associated with notes receivable or debt instruments. This adjustment is necessary to reconcile net income to operating cash flow by accounting for the gradual recognition of financial expenses or income over the life of the instrument.