WLFCHIGH SIGNALOPPORTUNITY10-K

WLFC delivered exceptional growth with net income surging 148% to $108.6M while revenue increased 36% to $569.2M, demonstrating strong operational leverage in their aircraft leasing business.

The dramatic improvement in profitability relative to revenue growth indicates WLFC is successfully scaling their operations and benefiting from higher-margin business or improved operational efficiency. The substantial increase in capital expenditures (+204%) alongside debt growth suggests aggressive expansion in their aircraft leasing portfolio, positioning for continued growth.

Comparing 2026-03-10 vs 2025-03-11View on EDGAR →
FINANCIAL ANALYSIS

WLFC showed exceptional financial performance with net income nearly doubling (+148%) while revenue grew a solid 36%, demonstrating strong operational leverage. The company significantly expanded its asset base with total assets growing 24% to $3.3B, funded through increased debt (+26% to $2.3B) and retained earnings that boosted stockholders' equity 25%. Capital expenditures tripled to $15.6M, signaling aggressive fleet expansion that should drive future revenue growth.

FINANCIAL STATEMENT CHANGES
Capital Expenditure
Cash Flow
+204.1%
$5.1M→$15.6M

Capital expenditure jumped 204.1% — major investment cycle underway; assess returns on deployment.

Net Income
P&L
+148.1%
$43.8M→$108.6M

Net income grew 148.1% — bottom-line growth signals improving overall business health.

Operating Income
P&L
+124.8%
$64.2M→$144.4M

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Revenue
P&L
+36%
$418.6M→$569.2M

Strong top-line growth of 36% — accelerating demand or successful expansion into new markets.

Interest Expense
P&L
+33%
$78.8M→$104.8M

Interest expense surged 33% — significant debt increase or rising rates materially impacting earnings.

Cash & Equivalents
Balance Sheet
+28.8%
$7.1M→$9.1M

Cash grew 28.8% — improving liquidity position supports investment and shareholder returns.

Total Debt
Balance Sheet
+25.6%
$1.8B→$2.3B

Debt rose 25.6% — additional borrowing for investment or operations; monitor coverage ratios.

Stockholders Equity
Balance Sheet
+25.1%
$439.0M→$549.3M

Equity base grew 25.1% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Total Assets
Balance Sheet
+24.3%
$2.7B→$3.3B

Asset base grew 24.3% — expansion through organic growth, acquisitions, or capital deployment.

Total Liabilities
Balance Sheet
+24.1%
$2.2B→$2.7B

Liabilities increased 24.1% — monitor debt-to-equity ratio and interest coverage.

LANGUAGE CHANGES
NEW — 2026-03-10
PRIOR — 2025-03-11
ADDED
Please click on the OK button below to proceed to the selected site.
Secure .gov websites use HTTPS A lock ( Lock A locked padlock ) or https:// means you ve safely connected to the .gov website.
Share sensitive information only on official, secure websites.
Founded to help our country respond to the Great Depression, we re the agency that protects investors from misconduct, promotes fairness efficiency in the securities markets, and facilitates capital formation for those looking to hire, innovate, and grow.
About the SEC Quick Links We work together to make a positive impact on America s economy, our capital markets, and people s lives.
+7 more — sign up free →
REMOVED
See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.
7262(b)) by the registered public accounting firm that prepared or issued its audit report.
Management s Discussion and Analysis of Financial Condition and Results of Operations 26 Item 7A.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 35 Item 9A.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 36 Item 13.
+7 more — sign up free →
MORE OPPORTUNITY SIGNALS
IRIXHIGHIRIX demonstrated a dramatic operational turnaround with revenue surging 283% wh...
2026-04-02
CSAIHIGHCSAI underwent a dramatic financial transformation with revenue growing 271% to ...
2026-03-31
PLMKWHIGHPLMKW has entered into a definitive business combination agreement with Controll...
2026-03-31
LXEOHIGHLXEO achieved significant clinical milestones with positive interim data and reg...
2026-03-30
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →