FTAI Infrastructure Inc. logo FIP - FTAI Infrastructure Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
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0
BUY 4
HOLD 0
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| PRICE TARGET: $11.67 DETAILS
HIGH: $13.00
LOW: $10.00
MEDIAN: $12.00
CONSENSUS: $11.67
UPSIDE: 158.76%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Revenue
Revenue 188.4 143.5 140.6 122.3 96.2 80.8 83.3 84.9 82.5 81.4 80.7 81.8 76.5 71.4 78.6 65.9 46.1 47.5 36.8 15.3 20.5
Cost of Revenue 120.4 126.5 113.6 112.1 94.6 0 85.1 84.2 88.1 0 91.8 86.2 0.3 81.3 81.7 69.6 59.2 32.3 53.0 32.8 30.5
Gross Profit 68.0 17.0 27.0 10.2 1.6 80.8 (1.8) 0.7 (5.6) 81.4 (11.1) (4.3) 76.2 (9.9) (3.2) (3.7) (13.1) 15.2 (16.3) (17.5) (9.9)
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 3.6 4.0 3.2 3.9 5.1 4.1 3.0 2.8 4.9 3.4 2.5 3.7 6.2 2.8 3.2 2.5 2.4 7.4 2.5 1.6 2.0
Other Expenses 61.6 0 0 0 0 81.1 0 0 0 80.9 0 0 85.3 0 0 0 0 0 0 0 0
Operating Expenses 65.2 4.0 3.2 3.9 5.1 85.2 3.0 2.8 4.9 84.3 2.5 3.7 91.5 2.8 3.2 2.5 2.4 7.4 2.5 1.6 2.0
Operating Income
Operating Income 2.8 13.0 23.8 6.3 (3.6) (4.4) (4.7) (2.1) (10.4) (2.9) (13.6) (8.0) (15.0) (12.7) (6.4) (6.2) (15.5) 7.8 (18.8) (19.1) (12.0)
Interest Expense 82.5 90.3 73.3 59.2 43.1 33.3 31.5 29.7 27.6 26.2 26.0 24.2 23.2 21.1 19.2 6.5 6.5 6.6 4.4 3.5 1.5
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 53.5 63.4 8.7 24.2 146.8 (70.8) 8.0 2.0 (0.4) 6.6 (3.9) 11.4 9.2 (17.3) (4.3) (12.2) (25.2) 7.8 (14.8) (17.6) (3.1)
EBIT 2.8 24.7 (26.1) (9.8) 121.8 (90.0) (11.5) (18.2) (20.9) (13.8) (24.0) (8.9) (10.9) (35.6) (22.5) (29.5) (42.2) (7.3) (31.9) (29.2) (13.2)
Income Before Tax (123.7) (65.6) (99.5) (69.0) 78.7 (123.3) (43.0) (47.9) (48.5) (40.0) (50.0) (33.0) (34.2) (56.7) (41.6) (36.0) (48.7) (26.2) (36.3) (32.8) (14.7)
Income Tax Expense 3.5 32.2 5.1 1.0 (41.5) 1.3 (0.1) 0.3 1.8 (0.1) 0.0 0.8 1.7 (0.6) 1.6 1.9 1.6 (0.9) (1.6) (0.7) (0.4)
Net Income (113.0) (86.8) (93.0) (58.9) 131.6 (114.3) (33.0) (36.7) (39.6) (31.6) (40.1) (23.6) (26.0) (46.5) (34.8) (29.5) (42.8) (17.8) (27.3) (25.4) (9.3)
Per Share Data
EPS (Basic) -1.32 -1.08 -1.38 -0.69 0.95 -1.24 -0.46 -0.52 -0.54 -0.47 -0.55 -0.38 -0.35 -0.56 -0.43 -0.39 -0.51 -0.18 -0.28 -0.26 -0.09
EPS (Diluted) -1.32 -1.08 -1.38 -0.69 0.89 -1.24 -0.46 -0.52 -0.54 -0.47 -0.55 -0.38 -0.35 -0.56 -0.42 -0.38 -0.51 -0.18 -0.28 -0.26 -0.09
Shares Outstanding 116.7 116.3 115.6 114.9 114.1 108.2 109.7 105.0 104.2 103.4 102.8 102.8 102.8 99.4 99.4 98.3 99.2 99.0 99.2 97.8 99.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 227.4 325.9 34.7 448.3 26.3 27.8 20.3 33.1 23.0 29.4 24.4 42.5 40.0 36.5 69.5 68.5 65.5 49.9 55.2 (15.7) 65.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 19.7 21.6 0 28.6 0 0 0 0 31.4 0
Net Receivables 97.4 95.4 65.6 70.9 66.6 53.4 55.2 52.2 53.9 56.0 64.7 56.4 71.8 60.8 78.1 88.6 36.5 50.3 85.8 0 36.5
Inventory 0 0 0 0 0.4 0.3 0 0 0 0.3 0 0.3 0.9 113.2 4.6 5.9 214.4 252.0 4.7 0 0
Other Current Assets 72.8 62.7 333.0 19.9 208.9 128.6 171.6 203.9 87.6 99.8 90.8 81.8 93.9 67.4 154.5 243.8 61.6 60.8 322.5 0 276.0
Total Current Assets 397.6 484.0 442.8 539.0 318.7 219.9 247.1 289.2 164.5 185.5 180.0 214.4 239.1 277.8 352.5 427.6 378.0 413.0 487.7 15.7 378.0
Non-Current Assets
Property, Plant & Equipment 4,761.9 4,715.3 3,360.5 3,299.5 3,291.9 1,758.9 1,693.8 1,710.2 1,715.3 1,736.2 1,766.8 1,791.7 1,790.0 1,779.7 1,747.1 1,704.6 1,654.0 1,625.2 1,599.0 0 1,618.3
Goodwill 365.7 365.7 401.2 401.2 403.0 275.4 275.4 275.4 275.4 275.4 275.4 260.3 260.3 260.3 263.1 262.8 258.0 257.1 239.9 0 258.0
Intangible Assets 42.2 43.2 44.2 45.2 46.7 46.2 47.2 48.8 50.7 52.6 54.5 56.4 58.3 60.2 62.1 64.0 65.9 67.7 72.1 0 65.9
Long-Term Investments 21.7 22.2 1,132.4 17.7 14.1 12.5 54.1 63.5 68.1 72.7 70.1 70.2 72.3 73.6 74.5 76.9 55.4 54.4 89.3 0 55.4
Other Non-Current Assets 99.4 118.3 70.6 104.3 67.5 61.6 119.9 65.3 73.2 57.3 38.4 44.5 27.1 26.8 26.1 24.3 26.5 24.9 20.3 (15.7) 62.2
Total Non-Current Assets 5,291.0 5,264.6 5,008.9 3,867.9 3,823.2 2,154.5 2,190.4 2,163.2 2,182.7 2,194.1 2,205.2 2,223.2 2,208.0 2,200.6 2,172.9 2,132.6 2,059.7 2,029.3 2,020.6 (15.7) 2,059.7
Total Assets 5,688.5 5,748.7 5,451.7 4,407.0 4,141.9 2,374.4 2,437.5 2,452.4 2,344.7 2,379.6 2,385.1 2,437.6 2,447.1 2,478.4 2,525.5 2,560.2 2,437.7 2,442.3 2,508.3 0 2,437.7
Current Liabilities
Account Payables 251.9 280.7 203.4 223.5 209.8 176.4 153.0 111.6 139.7 130.8 135.8 122.5 132.7 136.0 148.5 162.1 92.0 115.6 128.2 0 0
Short-Term Debt 36.5 1,620.1 1,514.8 90.0 91.3 48.6 7.3 7.2 77.7 0 6.9 24.0 0 0 0 0 2.9 2.9 25 0 2.9
Deferred Revenue 0 0 0 0 0 8.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 73.3 54.7 45.1 42.0 62.9 (0.7) 6.2 11.6 15.2 12.6 1.5 15.4 6.7 16.5 8.7 2.9 5.4 8.0 2.9 0 100.3
Total Current Liabilities 361.7 1,955.6 1,770.7 362.8 371.1 250.8 173.7 137.6 239.8 150.6 162.4 182.1 154.7 159.6 171.8 174.9 103.2 129.5 169.0 0 103.2
Non-Current Liabilities
Long-Term Debt 3,787.7 2,234.2 2,213.6 3,001.6 2,663.6 1,539.2 1,535.7 1,554.1 1,266.5 1,340.9 1,318.5 1,276.6 1,274.1 1,230.2 1,191.9 729.4 728.6 718.6 693.0 0 66.9
Deferred Tax Liabilities 301.8 300.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 331.7 243.7 1,233.3 207.0 180.5 67.1 46.4 53.1 114.1 87.5 62.1 90.9 156.0 236.1 291.6 243.9 189.2 64.7 45.3 0 917.8
Total Non-Current Liabilities 4,506.7 2,849.1 3,508.3 3,268.3 2,904.3 1,667.2 1,643.7 1,668.3 1,442.2 1,490.9 1,441.9 1,429.7 1,492.8 1,529.4 1,545.9 1,039.5 984.7 850.8 806.2 0 984.7
Total Liabilities 4,868.5 4,804.7 5,279.0 3,631.0 3,275.4 1,918.0 1,817.4 1,805.9 1,681.9 1,641.5 1,604.3 1,611.8 1,647.5 1,689.0 1,717.7 1,214.4 1,087.9 980.3 975.2 0 1,087.9
Stockholders' Equity
Common Stock 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1,656.7 1,609.0 1,617.6 1,631.6 0 0
Retained Earnings (625.9) (513.0) (438.6) (333.1) (274.3) (405.8) (291.5) (258.5) (221.8) (182.2) (150.6) (110.5) (86.9) (60.8) (14.4) 0 0 0 0 0 0
Accumulated Other Comprehensive Income (87.3) (90.6) (56.3) (17.1) 0.9 (157.1) (124.6) (151.3) (199.6) (178.5) (179.2) (184.7) (247.3) (300.1) (342.1) (300.1) (252.4) (155.5) (105.2) 973.1 (252.4)
Total Stockholders' Equity 999.5 1,111.5 333.7 925.8 1,005.5 583.9 737.7 754.6 744.8 809.5 844.3 875.0 839.0 816.2 825.5 1,356.6 1,356.6 1,462.1 1,526.4 995.4 1,349.8
Total Liabilities & Equity 5,688.5 5,748.7 5,451.7 4,407.0 4,141.9 2,374.4 2,437.5 2,452.4 2,344.7 2,379.6 2,385.1 2,437.6 2,447.1 2,478.4 2,525.5 2,560.2 2,437.7 2,442.3 2,508.3 995.4 2,437.7
Debt Metrics
Total Debt 3,909.7 3,925.3 3,797.2 3,151.3 2,822.3 1,655.9 1,604.6 1,622.4 1,413.0 1,410.6 1,386.7 1,370.0 1,343.9 1,300.3 1,261.5 798.5 798.4 789.0 788.8 0 69.8
Net Debt 3,682.3 3,599.3 3,762.5 2,703.0 2,795.9 1,628.1 1,584.3 1,589.3 1,390.1 1,381.2 1,362.3 1,327.4 1,304.0 1,263.9 1,192.1 730.1 733.0 739.2 733.5 15.7 4.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Operating Activities
Net Income (127.2) (206.1) (94.1) (70.0) 109.7 (124.7) (33.0) (48.1) (39.6) (39.9) (50.0) (33.9) (35.9) (56.1) (43.2) (29.5) (50.3) (17.8) (27.3) (25.4) (14.3) (50.3)
Depreciation & Amortization 50.7 38.7 34.8 34.0 25.0 19.2 20.7 20.2 23.9 20.4 20.1 20.3 20.1 18.3 18.1 17.3 17.0 15.1 17.1 11.7 10.1 17.0
Stock-Based Compensation 11.0 7.4 1.5 0.9 1.3 1.9 2.6 1.8 2.3 3.4 4.3 0.6 0.9 1.1 1.4 0 0.7 0 0 0 1.1 0.7
Change in Working Capital (61.0) 29.3 (17.9) 15.0 (68.3) 0.8 24.7 (18.1) 6.8 9.5 23.2 3.1 1.9 9.1 25.5 (36.6) (6.8) 13.1 (0.4) (13.1) (23.1) 16.9
Other Non-Cash Items 55.5 97.7 46.0 14.3 (111.5) 94.0 (0.5) 26.6 1.4 14.5 17.1 4.4 (0.7) 23.4 14.4 5.7 23.7 (1.4) 0.2 3.5 (7.0) 0
Operating Cash Flow (69.4) (2.8) (24.4) (5.2) (85.7) (8.1) 14.2 (17.6) (3.9) 7.7 14.7 (4.8) (12.1) (5.0) 17.7 (41.2) (14.1) 8.1 (12.0) (24.2) (33.6) (14.1)
Investing Activities
Capital Expenditure (46.5) (66.0) 148.9 (82.4) (66.5) (27.9) (26.3) (15.4) (13.3) (22.0) (13.0) (25.8) (39.9) (44.9) (58.3) (62.2) (51.7) (43.4) (23.5) (42.2) (31.8) (51.7)
Acquisitions 8.9 (1,085.3) 0 2.1 226.6 (1.6) 0 0.1 0.0 (1.0) (2.8) (1.2) (6.6) (1.5) (1.7) (1.0) (1.6) 4.8 (627.4) 0 (2.0) 0
Purchases of Investments (7.2) 5.6 0 (5.6) 0 0.1 (14) (1.0) (5.6) 15 (29.0) (1.5) (20.5) (27.5) (15) (1.1) 0 (0.7) (54.5) 2.0 (0.7) 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 20.5 0 0 0 0 0 (0.3) 0.3 0 0
Other Investing Activities 0 951.5 (1,175.2) 0 (62.3) 0.9 3.3 (17.5) 0 (0.1) 0.2 1.0 (20.4) 1.5 1.4 (5) 2.1 (10) 0 0.7 0 0.5
Investing Cash Flow (44.8) (45.8) (1,175.2) (85.9) 164.3 (28.5) (37.0) (33.8) (18.8) (8.1) (44.7) (27.5) (66.8) (72.4) (73.7) (69.3) (51.3) (49.3) (705.7) (39.2) (34.4) (51.3)
Financing Activities
Net Debt Issuance 27.3 (1,003.5) 634.3 341.0 28.2 48.7 (5.6) 207.7 0 19.2 20.4 25 41.6 36.6 472.9 (0.3) 9.4 13.0 413.3 3.2 21.6 0
Stock Repurchased 0 0 (447.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (3.5) (3.5) (3.5) (3.4) (3.4) (8.4) (13.1) (6.3) 0 (4.9) (3.1) (3.1) (3.1) (4.8) (0.1) 0 0 0 0 0 0 0
Other Financing Activities (8.2) 1,028.2 (60.5) (21.5) (27.3) (1.2) (0.4) (27.8) (0.5) (4.4) (6.9) (0.6) (0.7) (1.4) (466.6) 0.3 34.0 (706.7) 694.3 0.6 30.4 43.4
Financing Cash Flow 15.6 20.6 1,105.3 316.0 (2.5) 39.2 (19.1) 173.6 (0.5) 9.9 10.4 21.4 37.8 30.4 6.2 77.1 43.4 4.4 986.1 94.3 52.0 43.4
Cash Position
Net Change in Cash (98.5) (28.0) (94.3) 224.9 76.1 2.7 (41.8) 122.2 (23.2) 9.6 (19.6) (10.9) (41.2) (47.0) (49.8) (33.5) (22.0) 301.9 0 0 (16.0) (22.0)
Cash at Beginning 325.9 353.9 448.3 223.4 147.3 144.6 186.5 64.3 87.5 77.9 97.5 108.4 149.6 196.6 246.4 279.9 301.9 0 0 0 55.4 301.9
Cash at End 227.4 325.9 353.9 448.3 223.4 147.3 144.6 186.5 64.3 87.5 77.9 97.5 108.4 149.6 196.6 246.4 279.9 301.9 0 0 39.4 279.9
Free Cash Flow (115.9) (68.8) 124.5 (87.6) (152.2) (35.9) (12.1) (33.0) (17.1) (14.3) 1.7 (30.6) (52.0) (49.9) (40.6) (103.4) (65.9) (35.3) (35.5) (66.4) (65.4) (65.9)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Income Statement
Revenue 188.4 143.5 140.6 122.3 96.2 80.8 83.3 84.9 82.5 81.4 80.7 81.8 76.5 71.4 78.6 65.9 46.1 47.5 36.8 15.3 20.5
Gross Profit 68.0 17.0 27.0 10.2 1.6 80.8 (1.8) 0.7 (5.6) 81.4 (11.1) (4.3) 76.2 (9.9) (3.2) (3.7) (13.1) 15.2 (16.3) (17.5) (9.9)
Operating Income 2.8 13.0 23.8 6.3 (3.6) (4.4) (4.7) (2.1) (10.4) (2.9) (13.6) (8.0) (15.0) (12.7) (6.4) (6.2) (15.5) 7.8 (18.8) (19.1) (12.0)
Net Income (113.0) (86.8) (93.0) (58.9) 131.6 (114.3) (33.0) (36.7) (39.6) (31.6) (40.1) (23.6) (26.0) (46.5) (34.8) (29.5) (42.8) (17.8) (27.3) (25.4) (9.3)
EPS (Diluted) -1.32 -1.08 -1.38 -0.69 0.89 -1.24 -0.46 -0.52 -0.54 -0.47 -0.55 -0.38 -0.35 -0.56 -0.42 -0.38 -0.51 -0.18 -0.28 -0.26 -0.09
Balance Sheet
Cash & Equivalents 227.4 325.9 34.7 448.3 26.3 27.8 20.3 33.1 23.0 29.4 24.4 42.5 40.0 36.5 69.5 68.5 65.5 49.9 55.2 (15.7) 65.5
Total Assets 5,688.5 5,748.7 5,451.7 4,407.0 4,141.9 2,374.4 2,437.5 2,452.4 2,344.7 2,379.6 2,385.1 2,437.6 2,447.1 2,478.4 2,525.5 2,560.2 2,437.7 2,442.3 2,508.3 0 2,437.7
Total Debt 3,909.7 3,925.3 3,797.2 3,151.3 2,822.3 1,655.9 1,604.6 1,622.4 1,413.0 1,410.6 1,386.7 1,370.0 1,343.9 1,300.3 1,261.5 798.5 798.4 789.0 788.8 0 69.8
Stockholders' Equity 999.5 1,111.5 333.7 925.8 1,005.5 583.9 737.7 754.6 744.8 809.5 844.3 875.0 839.0 816.2 825.5 1,356.6 1,356.6 1,462.1 1,526.4 995.4 1,349.8
Cash Flow
Operating Cash Flow (69.4) (2.8) (24.4) (5.2) (85.7) (8.1) 14.2 (17.6) (3.9) 7.7 14.7 (4.8) (12.1) (5.0) 17.7 (41.2) (14.1) 8.1 (12.0) (24.2) (33.6) (14.1)
Capital Expenditure (46.5) (66.0) 148.9 (82.4) (66.5) (27.9) (26.3) (15.4) (13.3) (22.0) (13.0) (25.8) (39.9) (44.9) (58.3) (62.2) (51.7) (43.4) (23.5) (42.2) (31.8) (51.7)
Free Cash Flow (115.9) (68.8) 124.5 (87.6) (152.2) (35.9) (12.1) (33.0) (17.1) (14.3) 1.7 (30.6) (52.0) (49.9) (40.6) (103.4) (65.9) (35.3) (35.5) (66.4) (65.4) (65.9)