Global Industrial vs Willis Lease Finance
Global Industrial is the larger business, with $1.38bn of revenue in fiscal 2025 against $730m for Willis Lease Finance (1.9 times as much). Willis Lease Finance grew faster (28.3% against 4.8%). Willis Lease Finance kept more of each dollar of sales as profit: a net margin of 15.6% against 5.2%.
| Latest fiscal year | Global IndustrialGIC, 2025 | Willis Lease FinanceWLFC, 2025 |
|---|---|---|
| Revenue | $1.38bn | $730m |
| Revenue growth | 4.8% | 28.3% |
| Net income | $72.1m | $114m |
| Operating margin | — | 14.3% |
| Net margin | 5.2% | 15.6% |
| Return on equity | 24.3% | 18.8% |
| Free cash flow | $74.7m | $252m |
| Cash | $67.5m | $16.4m |
| Total debt | $0 | $2.73bn |
| Debt to equity | — | 412.6% |
| Dividend per share | $1.04 | $1.15 |
| Dividend yield | 2.5% | 1.1% |
| Share buybacks | $9.1m | $3.8m |
| Employees | 1,980 | 475 |
| Market value | $1.68bn | $938m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 54 (Moderate) | 37 (Weak) |
| Insider trades, 12 months | 4 buys, 20 sales | 1 buys, 92 sales |