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Side-by-side financial comparison of AIR LEASE CORP (AL) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

AIR LEASE CORP is the larger business by last-quarter revenue ($140.8M vs $98.7M, roughly 1.4× GCL Global Holdings Ltd). AIR LEASE CORP runs the higher net margin — 128.5% vs -5.2%, a 133.6% gap on every dollar of revenue. AIR LEASE CORP produced more free cash flow last quarter ($342.1M vs $-5.2M).

Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

AL vs GCL — Head-to-Head

Bigger by revenue
AL
AL
1.4× larger
AL
$140.8M
$98.7M
GCL
Higher net margin
AL
AL
133.6% more per $
AL
128.5%
-5.2%
GCL
More free cash flow
AL
AL
$347.4M more FCF
AL
$342.1M
$-5.2M
GCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AL
AL
GCL
GCL
Revenue
$140.8M
$98.7M
Net Profit
$180.9M
$-5.1M
Gross Margin
11.0%
Operating Margin
-6.7%
Net Margin
128.5%
-5.2%
Revenue YoY
90.4%
Net Profit YoY
60.2%
EPS (diluted)
$1.49
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AL
AL
GCL
GCL
Q4 25
$140.8M
Q3 25
$44.5M
$98.7M
Q2 25
$53.0M
$142.1M
Q1 25
$92.9M
Q4 24
$74.0M
Q3 24
$65.0M
$36.1M
Q2 24
$57.8M
Q1 24
$49.0M
Net Profit
AL
AL
GCL
GCL
Q4 25
$180.9M
Q3 25
$146.5M
$-5.1M
Q2 25
$385.2M
$5.6M
Q1 25
$375.8M
Q4 24
$112.9M
Q3 24
$104.0M
$-1.9M
Q2 24
$102.9M
Q1 24
$107.9M
Gross Margin
AL
AL
GCL
GCL
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
16.2%
Q2 24
Q1 24
Operating Margin
AL
AL
GCL
GCL
Q4 25
Q3 25
-6.7%
Q2 25
2.3%
Q1 25
Q4 24
Q3 24
-5.6%
Q2 24
Q1 24
Net Margin
AL
AL
GCL
GCL
Q4 25
128.5%
Q3 25
329.2%
-5.2%
Q2 25
726.9%
3.9%
Q1 25
404.5%
Q4 24
152.7%
Q3 24
160.0%
-5.2%
Q2 24
178.2%
Q1 24
220.2%
EPS (diluted)
AL
AL
GCL
GCL
Q4 25
$1.49
Q3 25
$1.21
$-0.04
Q2 25
$3.33
$0.05
Q1 25
$3.26
Q4 24
$0.83
Q3 24
$0.82
Q2 24
$0.81
Q1 24
$0.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AL
AL
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$466.4M
$16.6M
Total DebtLower is stronger
$19.7B
$52.0M
Stockholders' EquityBook value
$8.5B
$33.1M
Total Assets
$32.9B
$159.9M
Debt / EquityLower = less leverage
2.33×
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AL
AL
GCL
GCL
Q4 25
$466.4M
Q3 25
$452.2M
$16.6M
Q2 25
$454.8M
$18.2M
Q1 25
$456.6M
Q4 24
$472.6M
Q3 24
$460.8M
$2.7M
Q2 24
$454.1M
Q1 24
$554.4M
Total Debt
AL
AL
GCL
GCL
Q4 25
$19.7B
Q3 25
$20.2B
$52.0M
Q2 25
$20.3B
$11.9M
Q1 25
$19.9B
Q4 24
$20.2B
Q3 24
$20.2B
Q2 24
$19.7B
Q1 24
$19.5B
Stockholders' Equity
AL
AL
GCL
GCL
Q4 25
$8.5B
Q3 25
$8.3B
$33.1M
Q2 25
$8.2B
$35.9M
Q1 25
$7.9B
Q4 24
$7.5B
Q3 24
$7.7B
$15.9M
Q2 24
$7.3B
Q1 24
$7.2B
Total Assets
AL
AL
GCL
GCL
Q4 25
$32.9B
Q3 25
$33.4B
$159.9M
Q2 25
$33.3B
$101.6M
Q1 25
$32.4B
Q4 24
$32.3B
Q3 24
$32.2B
$49.6M
Q2 24
$31.0B
Q1 24
$30.9B
Debt / Equity
AL
AL
GCL
GCL
Q4 25
2.33×
Q3 25
2.42×
1.57×
Q2 25
2.47×
0.33×
Q1 25
2.53×
Q4 24
2.68×
Q3 24
2.63×
Q2 24
2.69×
Q1 24
2.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AL
AL
GCL
GCL
Operating Cash FlowLast quarter
$414.1M
$-4.8M
Free Cash FlowOCF − Capex
$342.1M
$-5.2M
FCF MarginFCF / Revenue
242.9%
-5.3%
Capex IntensityCapex / Revenue
51.1%
0.4%
Cash ConversionOCF / Net Profit
2.29×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AL
AL
GCL
GCL
Q4 25
$414.1M
Q3 25
$458.6M
$-4.8M
Q2 25
$473.6M
$-10.3M
Q1 25
$388.3M
Q4 24
$430.0M
Q3 24
$461.9M
$6.1M
Q2 24
$413.8M
Q1 24
$371.3M
Free Cash Flow
AL
AL
GCL
GCL
Q4 25
$342.1M
Q3 25
$412.3M
$-5.2M
Q2 25
$427.1M
$-10.5M
Q1 25
$315.5M
Q4 24
$326.8M
Q3 24
$369.8M
Q2 24
$346.4M
Q1 24
$246.8M
FCF Margin
AL
AL
GCL
GCL
Q4 25
242.9%
Q3 25
926.6%
-5.3%
Q2 25
806.0%
-7.4%
Q1 25
339.5%
Q4 24
441.8%
Q3 24
569.1%
Q2 24
599.5%
Q1 24
503.8%
Capex Intensity
AL
AL
GCL
GCL
Q4 25
51.1%
Q3 25
104.1%
0.4%
Q2 25
87.8%
0.1%
Q1 25
78.4%
Q4 24
139.6%
Q3 24
141.7%
Q2 24
116.7%
Q1 24
254.3%
Cash Conversion
AL
AL
GCL
GCL
Q4 25
2.29×
Q3 25
3.13×
Q2 25
1.23×
-1.84×
Q1 25
1.03×
Q4 24
3.81×
Q3 24
4.44×
Q2 24
4.02×
Q1 24
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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