EquipmentShare.com Inc. (EQPT) vs Willis Lease Finance Corporation (WLFC)

EquipmentShare.com Inc. and Willis Lease Finance Corporation are both Rental & Leasing Services companies. EquipmentShare.com Inc. is the larger, with a market value of $3.5B against $992.9M — 3.5× the size. Willis Lease Finance Corporation trades at the lower P/E: 12.9× against 15.4×. Willis Lease Finance Corporation has the higher net margin (8.86% vs 1.03%) and the lower return on invested capital (1.87% vs 23.5%). Across the 18 metrics below, EquipmentShare.com Inc. leads on 9 and Willis Lease Finance Corporation on 9.

Valuation

Metric EQPT WLFC Rental & Leasing Services median
P/E 15.37 12.89 20.11
P/S 0.68 1.19 1.11
P/B 2.88 1.34 2.44
Price to free cash flow n/m n/m 11.04
EV/EBITDA 3.36 9.49 8.70
EV/Sales 1.33 4.07 2.87
Earnings yield 6.51% 7.76% 3.40%
Free cash flow yield (48.66%) (27.16%) 0.63%

Profitability

Metric EQPT WLFC Rental & Leasing Services median
Gross margin 49.70% 75.41% 48.46%
Operating margin 33.57% 26.58% 8.37%
Net margin 1.03% 8.86% 1.97%
Free cash flow margin (32.95%) (31.54%) 2.91%
Return on equity 0.00% 10.61% 12.31%
Return on assets 1.49% 1.96% 0.88%
Return on invested capital 23.50% 1.87% 2.86%

Growth

Metric EQPT WLFC Rental & Leasing Services median
Revenue growth (TTM) — 20.14% 4.47%
EPS growth (last fiscal year) 102.08% 0.33% 1.04%
Revenue growth, 5-year CAGR — 20.39% 11.45%
Net income growth, 5-year CAGR — 75.97% 0.00%

Health

Metric EQPT WLFC Rental & Leasing Services median
Debt to equity 3.16 3.45 1.28
Current ratio 2.42 1.13 1.01
Net debt to EBITDA 4.59 5.98 4.19

Dividend

Metric EQPT WLFC Rental & Leasing Services median
Dividend yield — 1.15% 1.38%
Payout ratio — 0.16 0.24

Size

Metric EQPT WLFC Rental & Leasing Services median
Market cap 3.47b 992.93m 3.37b

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