• Air Lease average return on tangible equity for 2023 was 7.41, a 454.55% decline from 2022.
• Air Lease average return on tangible equity for 2022 was -2.09, a 132.66% decline from 2021.
• Air Lease average return on tangible equity for 2021 was 6.4, a 33.95% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.