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Willis Lease Finance WLFC Spare Parts Sales — Write-down of equipment

Other segment segments

Leasing and  Related Operations
$1.15M-45.5%

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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$1.68B+1.9%
Enterprise value$3.87B-4.0%
P/E13.8×-2.0×
P/S2.2×-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 us-gaap:ProductionRelatedImpairmentsOrCharges.

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 spare parts sales — write-down of equipment?
Willis Lease Finance (WLFC) reported spare parts sales — write-down of equipment of $0 in Q1 2026.
What does spare parts sales — write-down of equipment mean?
The reduction in the carrying value of inventory or equipment when its market value falls below its book value. This metric indicates potential obsolescence or impairment of spare parts and assets held for sale.