FTAI - FTAI Aviation Ltd.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$314.83
DETAILS
HIGH:
$400.00
LOW:
$225.00
MEDIAN:
$327.00
CONSENSUS:
$314.83
UPSIDE:
24.87%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 2,507.4 | 1,750.5 | 1,186.0 | 722.3 | 335.6 | 370.2 | 586.0 | 350.7 | 222.4 | 153.7 | 143.3 | 57.9 | 19.5 | 3.5 |
| Cost of Revenue | 1,728.1 | 1,172.6 | 790.7 | 499.6 | 208.8 | 285.7 | 464.2 | 279.1 | 185.2 | 131.4 | 120.9 | 43.2 | 7.1 | 2.2 |
| Gross Profit | 779.4 | 577.9 | 395.3 | 222.7 | 126.8 | 84.6 | 121.7 | 71.6 | 37.2 | 22.3 | 22.5 | 14.7 | 12.5 | 1.3 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 9.5 | 25.5 | 38.3 | 65.6 | 27.0 | 36.7 | 56.5 | 32.9 | 30.3 | 29.1 | 22.6 | 7.5 | 3.0 | 2.3 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 9.5 | 25.5 | 38.3 | 65.6 | 27.0 | 36.7 | 56.5 | 32.9 | 30.3 | 29.1 | 22.6 | 7.5 | 3.0 | 2.3 |
| Operating Income | ||||||||||||||
| Operating Income | 769.9 | 552.4 | 357.0 | 157.1 | 99.8 | 47.9 | 65.2 | 38.8 | 6.9 | (6.7) | (0.1) | 7.2 | 9.4 | (0.9) |
| Interest Expense | 247.8 | 221.7 | 161.6 | 169.2 | 155.0 | 98.2 | 95.6 | 56.8 | 38.8 | 19.0 | 19.3 | 5.9 | 2.8 | 0.0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.5 | 0.5 | 0.7 | 0.1 | 0.6 | 0.2 | 0.0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 1,080.2 | 469.6 | 530.7 | 230.7 | 263.0 | 163.4 | 423.9 | 181.7 | 110.4 | 44.3 | 43.6 | 25.7 | 32.0 | 3.6 |
| EBIT | 854.4 | 235.9 | 345.7 | 63.9 | 115.3 | (12.7) | 247.7 | 39.2 | 17.5 | (21.4) | (8.7) | 9.7 | 28.1 | 2.2 |
| Income Before Tax | 606.7 | 14.2 | 184.0 | (105.3) | (39.7) | (110.9) | 152.1 | (17.7) | (21.3) | (40.3) | (28.0) | 3.8 | 25.3 | 2.2 |
| Income Tax Expense | 105.6 | 5.5 | (59.8) | 5.3 | 3.1 | (5.9) | 17.8 | 2.4 | 2.0 | 0.3 | 0.6 | 0.9 | 0 | 0 |
| Net Income | 501.1 | 8.7 | 243.8 | (193.2) | (104.2) | (88.5) | 225.1 | 5.9 | 0.1 | (20.1) | (11.8) | 7.8 | 24.8 | 2.2 |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 4.66 | -0.32 | 2.12 | -1.11 | -1.45 | -1.22 | 1.56 | 0.07 | 0.00 | -0.26 | -0.18 | 0.15 | 0.46 | 0.04 |
| EPS (Diluted) | 4.60 | -0.32 | 2.11 | -1.11 | -1.45 | -1.22 | 1.56 | 0.07 | 0.00 | -0.26 | -0.18 | 0.15 | 0.46 | 0.04 |
| Shares Outstanding | 102.6 | 101.5 | 99.9 | 99.4 | 89.9 | 86.0 | 86.0 | 83.7 | 75.8 | 75.7 | 65.7 | 53.5 | 53.5 | 53.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 300.5 | 115.1 | 90.9 | 53.1 | 138.2 | 161.4 | 242.5 | 120.8 | 92.8 | 133.5 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 480.8 | 348.6 | 115.2 | 99.4 | 124.9 | 91.7 | 49.5 | 46.4 | 31.1 | 21.4 |
| Inventory | 1,193.8 | 551.2 | 316.6 | 163.7 | 100.3 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 57.7 | 123.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 2,112.5 | 1,226.0 | 522.7 | 316.2 | 363.4 | 253.1 | 292.0 | 167.3 | 123.9 | 154.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,672.2 | 2,481.2 | 2,084.0 | 1,933.0 | 1,905.3 | 2,668.9 | 2,484.9 | 2,112.9 | 1,585.6 | 1,127.4 |
| Goodwill | 94.2 | 61.1 | 4.6 | 0 | 0 | 122.7 | 122.6 | 116.6 | 116.6 | 116.6 |
| Intangible Assets | 19.9 | 42.2 | 50.6 | 42.0 | 31.0 | 18.8 | 27.7 | 38.5 | 40.0 | 39.0 |
| Long-Term Investments | 333.3 | 47.5 | 125.0 | 71.2 | 45.3 | 201.7 | 180.7 | 48.0 | 46.9 | 83.9 |
| Other Non-Current Assets | 109.7 | 137.1 | 117.4 | 67.2 | 2,517.5 | 122.7 | 128.9 | 156.2 | 42.8 | 25.6 |
| Total Non-Current Assets | 2,261.2 | 2,811.9 | 2,450.2 | 2,132.9 | 4,520.5 | 3,134.9 | 2,944.9 | 2,471.5 | 1,831.9 | 1,392.5 |
| Total Assets | 4,373.8 | 4,038.0 | 2,972.9 | 2,449.1 | 4,883.9 | 3,388.0 | 3,236.9 | 2,638.8 | 1,955.8 | 1,547.3 |
| Current Liabilities | ||||||||||
| Account Payables | 208.2 | 69.1 | 106.5 | 81.7 | 83.3 | 110.4 | 121.5 | 95.4 | 67.0 | 36.9 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 100.5 | 29.8 | 185.3 | 49.4 | 7.8 | 8.1 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 191.7 | 278.1 | 6.4 | 4.7 | 3.8 | 2.8 | 23.4 | 5.2 | 1.2 | 1.3 |
| Total Current Liabilities | 399.9 | 347.2 | 112.9 | 86.5 | 187.6 | 142.9 | 330.2 | 150.1 | 76.0 | 46.3 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,448.9 | 3,440.5 | 2,517.3 | 2,175.7 | 2,401.1 | 1,879.8 | 1,238.9 | 1,165.7 | 695.5 | 251.4 |
| Deferred Tax Liabilities | 0 | 0 | 8.2 | 22.8 | 20.1 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 190.8 | 168.9 | 158.6 | 144.7 | 1,151.1 | 208.7 | 295.3 | 269.2 | 149.2 | 83.9 |
| Total Non-Current Liabilities | 3,639.7 | 3,609.3 | 2,684.1 | 2,343.3 | 3,572.3 | 2,145.7 | 1,567.9 | 1,434.9 | 844.7 | 335.3 |
| Total Liabilities | 4,039.6 | 3,956.6 | 2,797.1 | 2,429.7 | 3,759.8 | 2,288.7 | 1,898.1 | 1,585.0 | 920.7 | 381.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 |
| Retained Earnings | 282.5 | (73.1) | (81.8) | (325.6) | (132.4) | (28.2) | 190.5 | (32.8) | (38.7) | (38.8) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | (156.4) | (26.2) | 0.4 | 0 | 0 | 7.1 |
| Total Stockholders' Equity | 334.2 | 81.4 | 175.3 | 18.9 | 1,124.3 | 1,076.7 | 1,301.9 | 997.4 | 947.1 | 1,053.8 |
| Total Liabilities & Equity | 4,373.8 | 4,038.0 | 2,972.9 | 2,449.1 | 4,883.9 | 3,388.0 | 3,236.9 | 2,638.8 | 1,955.8 | 1,547.3 |
| Debt Metrics | ||||||||||
| Total Debt | 3,448.9 | 3,440.5 | 2,517.3 | 2,175.7 | 2,501.6 | 1,966.8 | 1,457.9 | 1,215.1 | 703.3 | 259.5 |
| Net Debt | 3,148.4 | 3,325.4 | 2,426.4 | 2,122.7 | 2,363.4 | 1,805.3 | 1,215.4 | 1,094.3 | 610.5 | 126.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 501.1 | 8.7 | 243.8 | (212.0) | (130.7) | (103.7) | 207.8 | (15.7) | (23.2) | (40.6) |
| Depreciation & Amortization | 225.8 | 218.1 | 185.0 | 230.4 | 229.7 | 202.7 | 201.4 | 163.0 | 96.4 | 65.7 |
| Stock-Based Compensation | 21.7 | 6.0 | 1.6 | 2.6 | 4.0 | 2.3 | 8.4 | 0.9 | 1.3 | (3.7) |
| Change in Working Capital | (702.5) | (254.4) | (75.9) | (128.7) | (93.4) | (88.3) | (4.7) | (7.6) | 4.5 | (1.7) |
| Other Non-Cash Items | (430.8) | (164.4) | (161.9) | 84.9 | (29.6) | 55.9 | (276.3) | (7.6) | (10.8) | 11.6 |
| Operating Cash Flow | (310.7) | (188.0) | 129.0 | (20.7) | (22.0) | 63.1 | 151.0 | 133.7 | 68.5 | 30.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (752.4) | (1,156.6) | (776.9) | (813.7) | (767.6) | (594.8) | (900.7) | (749.5) | (564.2) | (276.5) |
| Acquisitions | 1,721.1 | (147.6) | (73.1) | (17.8) | (681.7) | (4.7) | 141.5 | (1.1) | (30.3) | (28.8) |
| Purchases of Investments | (331.3) | 0 | 0 | (7.3) | (54.7) | 4.7 | 0 | 37.7 | 81.9 | 50.8 |
| Sales/Maturities of Investments | 27.1 | 0 | 0 | 7.3 | 54.7 | (4.7) | 0 | (1.1) | 30.2 | (28.8) |
| Other Investing Activities | 58.8 | 993.0 | 476.6 | 420.2 | 162.4 | 90.3 | 264.0 | 10.5 | 42.2 | 70.1 |
| Investing Cash Flow | 723.3 | (469.5) | (373.3) | (411.3) | (1,287.0) | (509.1) | (495.2) | (703.5) | (440.2) | (213.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (0.5) | 909.5 | 346.7 | (330.5) | 1,340.9 | 488.8 | 383.7 | 532.2 | 442.0 | (53.8) |
| Stock Repurchased | (124.2) | 0 | 0 | 0 | 0 | (19.7) | 0 | 0 | 0 | 0 |
| Dividends Paid | (145.4) | (154.3) | (151.6) | (155.6) | (142.8) | (131.4) | (115.4) | (110.6) | (100.1) | (100.0) |
| Other Financing Activities | 42.9 | 32.0 | 25.5 | 531.1 | (34.8) | (12.1) | 3.6 | 28.0 | 21.2 | 63.8 |
| Financing Cash Flow | (227.2) | 681.8 | 282.2 | 44.9 | 1,587.6 | 364.9 | 465.9 | 597.9 | 363.1 | (131.5) |
| Cash Position | ||||||||||
| Net Change in Cash | 185.4 | 24.4 | 37.8 | (387.0) | 278.6 | (81.1) | 121.7 | 28.0 | (8.7) | (313.6) |
| Cash at Beginning | 115.1 | 90.9 | 53.1 | 440.1 | 161.4 | 242.5 | 120.8 | 92.8 | 68.1 | 381.7 |
| Cash at End | 300.5 | 115.3 | 90.9 | 53.1 | 440.1 | 161.4 | 242.5 | 120.8 | 59.4 | 68.1 |
| Free Cash Flow | (1,063.2) | (1,344.5) | (647.9) | (834.3) | (789.7) | (531.7) | (749.7) | (615.8) | (495.8) | (245.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 2,507.4 | 1,750.5 | 1,186.0 | 722.3 | 335.6 | 370.2 | 586.0 | 350.7 | 222.4 | 153.7 | 143.3 | 57.9 | 19.5 | 3.5 |
| Gross Profit | 779.4 | 577.9 | 395.3 | 222.7 | 126.8 | 84.6 | 121.7 | 71.6 | 37.2 | 22.3 | 22.5 | 14.7 | 12.5 | 1.3 |
| Operating Income | 769.9 | 552.4 | 357.0 | 157.1 | 99.8 | 47.9 | 65.2 | 38.8 | 6.9 | (6.7) | (0.1) | 7.2 | 9.4 | (0.9) |
| Net Income | 501.1 | 8.7 | 243.8 | (193.2) | (104.2) | (88.5) | 225.1 | 5.9 | 0.1 | (20.1) | (11.8) | 7.8 | 24.8 | 2.2 |
| EPS (Diluted) | 4.60 | -0.32 | 2.11 | -1.11 | -1.45 | -1.22 | 1.56 | 0.07 | 0.00 | -0.26 | -0.18 | 0.15 | 0.46 | 0.04 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 300.5 | 115.1 | 90.9 | 53.1 | 138.2 | 161.4 | 242.5 | 120.8 | 92.8 | 133.5 | ||||
| Total Assets | 4,373.8 | 4,038.0 | 2,972.9 | 2,449.1 | 4,883.9 | 3,388.0 | 3,236.9 | 2,638.8 | 1,955.8 | 1,547.3 | ||||
| Total Debt | 3,448.9 | 3,440.5 | 2,517.3 | 2,175.7 | 2,501.6 | 1,966.8 | 1,457.9 | 1,215.1 | 703.3 | 259.5 | ||||
| Stockholders' Equity | 334.2 | 81.4 | 175.3 | 18.9 | 1,124.3 | 1,076.7 | 1,301.9 | 997.4 | 947.1 | 1,053.8 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | (310.7) | (188.0) | 129.0 | (20.7) | (22.0) | 63.1 | 151.0 | 133.7 | 68.5 | 30.9 | ||||
| Capital Expenditure | (752.4) | (1,156.6) | (776.9) | (813.7) | (767.6) | (594.8) | (900.7) | (749.5) | (564.2) | (276.5) | ||||
| Free Cash Flow | (1,063.2) | (1,344.5) | (647.9) | (834.3) | (789.7) | (531.7) | (749.7) | (615.8) | (495.8) | (245.6) | ||||