FTAI
Company Description
FTAI Aviation Ltd. is a company dedicated to the ownership and acquisition of critical equipment for the aviation and offshore energy industries, thereby supporting the worldwide movement of goods and people. The company operates through two primary divisions. The Aviation Leasing segment is responsible for managing, leasing, and selling aviation assets, which include commercial aircraft and their engines, to customers. By the end of 2023, specifically December 31st, this division's managed portfolio encompassed 363 aviation assets in total, consisting of 96 commercial aircraft and 267 engines. Notably, this count included 8 aircraft and 17 engines located in Russia. The Aerospace Products segment focuses on the entire lifecycle of aircraft engines and their aftermarket components, covering their development, production, maintenance, and sales. FTAI Aviation Ltd. was established in 2011 and maintains its corporate headquarters in New York, New York.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.51B | 1.75B | 1.19B | 722.32M | 335.58M | 370.24M | 585.96M | 350.70M | 222.38M | 153.70M | 143.34M | 57.93M |
| Net Income | 501.06M | 8.68M | 243.82M | (193.21M) | (104.23M) | (88.50M) | 225.11M | 5.88M | 134,000 | (20.06M) | (11.83M) | 7.78M |
| EPS | 4.66 | -0.32 | 2.12 | -1.11 | -1.45 | -1.22 | 1.56 | 0.07 | 0.00 | -0.26 | -0.18 | 0.15 |
| Free Cash Flow | (1.06B) | (1.34B) | (647.91M) | (834.31M) | (789.67M) | (531.67M) | (749.70M) | (615.80M) | (495.75M) | (245.57M) | (240.04M) | (500.85M) |
| FCF / Share | -10.37 | -13.24 | -6.49 | -8.39 | -8.78 | -6.18 | -8.72 | -7.36 | -6.54 | -3.24 | -3.65 | -9.36 |
| Operating CF | (310.75M) | (187.96M) | 128.98M | (20.66M) | (22.04M) | 63.11M | 151.04M | 133.70M | 68.50M | 30.90M | 23.53M | (31.55M) |
| Total Assets | 4.37B | 4.04B | 2.97B | 2.45B | 4.88B | 3.39B | 3.24B | 2.64B | 1.96B | 1.55B | 1.64B | 1.40B |
| Total Debt | 3.45B | 3.44B | 2.52B | 2.18B | 2.50B | 1.97B | 1.46B | 1.22B | 703.26M | 259.51M | 266.22M | 592.87M |
| Cash & Equiv | 300.48M | 115.12M | 90.91M | 53.06M | 138.21M | 161.42M | 242.52M | 120.84M | 92.81M | 133.50M | 403.31M | 43.21M |
| Book Value | 334.17M | 81.37M | 175.35M | 18.88M | 1.12B | 1.08B | 1.30B | 997.40M | 947.07M | 1.05B | 1.17B | 614.43M |
| Return on Equity | 1.50 | 0.11 | 1.39 | -10.23 | -0.09 | -0.08 | 0.17 | 0.01 | 0.00 | -0.02 | -0.01 | 0.01 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 953.09M | 830.70M | 662.03M | 667.06M | 676.24M | 502.08M | 502.93M | 469.51M | 447.38M | 330.67M | 316.54M | 294.82M |
| Net Income | 125.09M | 137.90M | 115.56M | 117.72M | 165.40M | 102.39M | 102.45M | 86.48M | (219.87M) | 39.62M | 118.36M | 41.31M |
| EPS | 1.15 | 1.31 | 1.09 | 1.11 | 1.58 | 0.88 | 0.85 | 0.76 | -2.18 | 0.31 | 1.10 | 0.33 |
| Free Cash Flow | (122.60M) | (166.72M) | (873.87M) | (87.88M) | (261.97M) | (297.54M) | (573.03M) | 480.13M | (347.64M) | (278.65M) | (243.37M) | (133.91M) |
| FCF / Share | -1.20 | -1.63 | -8.52 | -0.86 | -2.55 | -2.90 | -5.64 | 4.69 | -3.44 | -2.78 | -2.43 | -1.34 |
| Operating CF | (105.23M) | (160.08M) | (179.08M) | 4.62M | (110.32M) | (25.97M) | (41.80M) | 41.48M | (187.29M) | (345,000) | 12.22M | 49.52M |
| Total Assets | 4.49B | 4.53B | 4.37B | 4.24B | 4.10B | 4.27B | 4.04B | 3.74B | 3.45B | 3.18B | 2.97B | 2.63B |
| Total Debt | 3.45B | 3.45B | 3.45B | 3.45B | 3.44B | 3.64B | 3.44B | 3.22B | 3.08B | 2.69B | 2.52B | 2.28B |
| Cash & Equiv | 337.19M | 412.24M | 300.48M | 509.94M | 301.91M | 112.13M | 115.12M | 112.04M | 169.63M | 65.37M | 90.91M | 52.88M |
| Book Value | 403.99M | 431.68M | 334.17M | 252.46M | 164.94M | 28.33M | 81.37M | 118.53M | 69.57M | 177.07M | 175.35M | 94.53M |
| Return on Equity | 0.31 | 0.32 | 0.35 | 0.47 | 1.00 | 3.61 | 1.26 | 0.73 | -3.16 | 0.22 | 0.67 | 0.44 |
