FTAI Aviation (FTAI)
Market Price (12/27/2025): $173.6 | Market Cap: $17.8 BilSector: Industrials | Industry: Trading Companies & Distributors
FTAI Aviation (FTAI)
Market Price (12/27/2025): $173.6Market Cap: $17.8 BilSector: IndustrialsIndustry: Trading Companies & Distributors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 51% | Expensive valuation multiplesP/SPrice/Sales ratio is 7.6x |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 31% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -7.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -52% |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Aviation Engine Leasing, Aircraft Maintenance, Repair, Show more. | Short seller reportMuddy Waters Research report on 3/3/2025. |
| Key risksFTAI key risks include [1] allegations of financial misconduct and securities fraud lawsuits, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 51% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 31% |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Aviation Engine Leasing, Aircraft Maintenance, Repair, Show more. |
| Expensive valuation multiplesP/SPrice/Sales ratio is 7.6x |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -7.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -52% |
| Short seller reportMuddy Waters Research report on 3/3/2025. |
| Key risksFTAI key risks include [1] allegations of financial misconduct and securities fraud lawsuits, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
FTAI Aviation (FTAI) experienced a positive stock movement between August 31, 2025, and December 27, 2025, driven by several key factors.
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<b>1. Strong Third Quarter 2025 Financial Performance:</b> FTAI Aviation announced solid Q3 2025 results on October 27-28, 2025, reporting revenue of $667 million, which slightly surpassed analyst forecasts. The company's Adjusted EBITDA grew by 28% year-over-year to $297.4 million, exceeding analyst estimates. Notably, the Aerospace Products segment demonstrated remarkable growth, with Adjusted EBITDA increasing by 77% year-over-year. Despite an earnings per share (EPS) miss, the stock reacted positively, rising by 1.72% in after-hours trading.
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<b>2. Completion of Upsized Strategic Capital Initiative Fundraising:</b> On October 27, 2025, FTAI Aviation successfully completed fundraising for its inaugural Strategic Capital Initiative (SCI) vehicle, reaching an upsized hard cap of $2.0 billion in equity commitments, exceeding its original target of $1.5 billion. This initiative is projected to deploy over $6 billion of capital, including debt financing, for acquiring mid-life 737NG and A320ceo aircraft, signaling significant future growth potential.
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<b>3. Increased Quarterly Dividend:</b> The company's Board of Directors declared an increase in the cash dividend on ordinary shares to $0.35 per share for the quarter ended September 30, 2025, up from $0.30 per share in the previous quarter. This dividend, payable on November 19, 2025, demonstrates management's confidence in the company's strong free cash flow generation and commitment to shareholder returns.
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<b>4. Strategic Partnership with Palantir:</b> On November 17, 2025, FTAI Aviation announced a multi-year strategic partnership with Palantir, a leading AI software provider. This collaboration aims to leverage Palantir's artificial intelligence capabilities to transform aircraft engine maintenance, repair, and exchange, suggesting potential for enhanced operational efficiency and market leadership.
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<b>5. Positive Analyst Ratings and Price Target Increases:</b> During this period, several analyst firms maintained or upgraded their ratings and increased price targets for FTAI Aviation. For example, JMP Securities raised its price target to $205 from $180 on August 6, 2025, maintaining an "Outperform" rating, citing strong Q2 results and improved financial metrics. Subsequently, BTIG Research reiterated a "buy" rating and set a $230.00 target price on November 19, 2025, while Barclays raised its target price from $195.00 to $200.00 with an "overweight" rating on October 28, 2025. The consensus rating for FTAI Aviation remained a "Moderate Buy" with an average price target of approximately $203.63 to $227.10, indicating continued positive outlook from analysts.
Show moreStock Movement Drivers
Fundamental Drivers
The 5.9% change in FTAI stock from 9/26/2025 to 12/26/2025 was primarily driven by a 9.4% change in the company's Total Revenues ($ Mil).| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 164.52 | 174.19 | 5.88% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2142.93 | 2344.20 | 9.39% |
| Net Income Margin (%) | 21.31% | 20.82% | -2.33% |
| P/E Multiple | 36.94 | 36.62 | -0.89% |
| Shares Outstanding (Mil) | 102.56 | 102.57 | -0.01% |
| Cumulative Contribution | 5.88% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FTAI | 5.9% | |
| Market (SPY) | 4.3% | 44.4% |
| Sector (XLI) | 3.0% | 43.7% |
Fundamental Drivers
The 47.5% change in FTAI stock from 6/27/2025 to 12/26/2025 was primarily driven by a 456.5% change in the company's Net Income Margin (%).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 118.09 | 174.19 | 47.51% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1910.29 | 2344.20 | 22.71% |
| Net Income Margin (%) | 3.74% | 20.82% | 456.55% |
| P/E Multiple | 169.50 | 36.62 | -78.40% |
| Shares Outstanding (Mil) | 102.55 | 102.57 | -0.02% |
| Cumulative Contribution | 47.51% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FTAI | 47.5% | |
| Market (SPY) | 12.6% | 30.3% |
| Sector (XLI) | 7.5% | 26.9% |
Fundamental Drivers
The 35.5% change in FTAI stock from 12/26/2024 to 12/26/2025 was primarily driven by a 1210.8% change in the company's Net Income Margin (%).| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 128.57 | 174.19 | 35.48% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1548.82 | 2344.20 | 51.35% |
| Net Income Margin (%) | 1.59% | 20.82% | 1210.85% |
| P/E Multiple | 535.21 | 36.62 | -93.16% |
| Shares Outstanding (Mil) | 102.38 | 102.57 | -0.18% |
| Cumulative Contribution | 35.48% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FTAI | 35.5% | |
| Market (SPY) | 15.8% | 40.3% |
| Sector (XLI) | 18.3% | 36.1% |
Fundamental Drivers
The 977.5% change in FTAI stock from 12/27/2022 to 12/26/2025 was primarily driven by a 340.3% change in the company's Total Revenues ($ Mil).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 16.17 | 174.19 | 977.50% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 532.35 | 2344.20 | 340.35% |
| P/S Multiple | 3.02 | 7.62 | 152.55% |
| Shares Outstanding (Mil) | 99.38 | 102.57 | -3.21% |
| Cumulative Contribution | 976.38% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| FTAI | 280.3% | |
| Market (SPY) | 48.0% | 42.8% |
| Sector (XLI) | 41.3% | 40.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FTAI Return | 33% | 29% | -23% | 182% | 215% | 21% | 1320% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| FTAI Win Rate | 58% | 58% | 33% | 83% | 92% | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| FTAI Max Drawdown | -70% | -7% | -39% | 0% | -4% | -42% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | FTAI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -50.8% | -25.4% |
| % Gain to Breakeven | 103.2% | 34.1% |
| Time to Breakeven | 339 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -73.5% | -33.9% |
| % Gain to Breakeven | 277.4% | 51.3% |
| Time to Breakeven | 258 days | 148 days |
| 2018 Correction | ||
| % Loss | -35.5% | -19.8% |
| % Gain to Breakeven | 55.0% | 24.7% |
| Time to Breakeven | 416 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
FTAI Aviation's stock fell -50.8% during the 2022 Inflation Shock from a high on 6/22/2021. A -50.8% loss requires a 103.2% gain to breakeven.
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AI Analysis | Feedback
- Carvana for airplane engines.
- LKQ Corporation for aircraft engine parts.
- United Rentals for aircraft engines.
AI Analysis | Feedback
- Aircraft Operating Leases: Leasing commercial aircraft to airlines globally.
- Aircraft Engine Operating Leases: Leasing commercial jet engines to airlines, cargo operators, and maintenance facilities.
- Engine Maintenance, Repair, and Overhaul (MRO) Services: Providing comprehensive engine maintenance, repair, and overhaul services, primarily through facilities like The Module Factory.
- Aircraft Parts and Asset Sales: Selling aircraft components, engines, and other aviation assets derived from their managed portfolio.
AI Analysis | Feedback
FTAI Aviation (symbol: FTAI) sells primarily to other companies within the aviation industry.
According to its latest annual report (10-K), no single customer accounted for 10% or more of FTAI Aviation's consolidated revenues for the years ended December 31, 2023, 2022, or 2021. Therefore, FTAI Aviation does not publicly disclose specific "major customers" by name that account for a significant portion of its revenue.
Instead, its customer base is diversified across a variety of companies. The primary categories of customers it serves include:
- Commercial airlines
- Cargo operators
- Aircraft lessors
- Maintenance, Repair and Overhaul (MRO) facilities
These customers operate globally and utilize FTAI Aviation's services for aircraft and engine sale-leasebacks, material solutions, and engine services.
AI Analysis | Feedback
- General Electric (NYSE: GE)
- RTX Corporation (NYSE: RTX)
- Rolls-Royce Holdings plc (OTCQX: RYCEY)
- Safran S.A. (Euronext Paris: SAF.PA)
AI Analysis | Feedback
Joseph Adams, Chairman & CEO
Joseph Adams is the Chairman of the Board and Chief Executive Officer of FTAI Aviation, a role he has held since May 2015, becoming Chairman in May 2016. He also serves as Chairman of the Board of FTAI Infrastructure Inc. Until May 2024, he was a member of the Management Committee of Fortress and a Managing Director at Fortress within the Private Equity Group. Mr. Adams' experience includes serving on the boards of directors for several companies, including Seacastle, Inc., SeaCube Container Leasing Ltd., Aircastle Limited, and RailAmerica Inc. Previously, he was a partner at Brera Capital Partners and worked in the transportation industry group at Donaldson, Lufkin & Jenrette. In 2002, he was the first Executive Director of the Air Transportation Stabilization Board. His career highlights a pattern of managing companies, including those that were portfolio companies of Fortress, a private equity firm.
Eun (Angela) Nam, Chief Financial Officer / Chief Accounting Officer
Eun (Angela) Nam is the Chief Financial and Accounting Officer of FTAI Aviation. From 2014 to May 2024, Ms. Nam served as a Senior Vice President at Fortress within the Private Equity Group, engaging in various mergers and acquisitions and capital markets transactions. She previously held the position of Interim Chief Accounting Officer of Drive Shack Inc., an entity then managed by Fortress, from March through September 2016. Prior to joining Fortress in 2014, Ms. Nam worked for over ten years in KPMG LLP's audit and risk advisory services. Her background demonstrates a clear pattern of managing companies either directly backed by or associated with private equity firms, specifically Fortress Investment Group.
David Moreno, Chief Operating Officer
David Moreno is the Chief Operating Officer of FTAI Aviation. From 2013 to 2021, Mr. Moreno held various roles within Fortress Investment Group in the Private Equity Group, where his focus was on aviation investments.
Stacy Kuperus, Chief Portfolio Officer
Stacy Kuperus serves as the Chief Portfolio Officer of FTAI Aviation. Since 2021, she has been responsible for executing business operations across FTAI Aviation's diverse portfolio of assets. Ms. Kuperus joined Fortress Investment Group in 2014 and held various roles within the aviation platform, contributing to the development of the operational and organizational structure supporting FTAI Aviation's portfolio growth.
Alan Andreini, Head of Investor Relations
Alan Andreini is the Head of Investor Relations for FTAI Aviation and is also responsible for investor relations with FTAI Infrastructure Inc. With over 30 years of experience in the corporate finance industry, Mr. Andreini has a background in leading and building both public and private companies, generating significant returns for investors and stakeholders. He is currently a Managing Director of Fortress Investment Group and has been responsible for investor relations for Fortress Transportation and Infrastructure LLC (now FTAI Aviation), including converting the fund into a permanent capital vehicle. His expertise lies in deal structuring, investment management (including hedge funds and private equity), trading, and e-commerce across mature companies and start-ups, demonstrating a pattern of managing companies backed by private equity.
AI Analysis | Feedback
The key risks to FTAI Aviation (FTAI) include:
- Allegations of Financial Misconduct and Securities Fraud Lawsuits: FTAI Aviation is facing multiple class-action lawsuits and accusations of financial manipulation stemming from a Muddy Waters Research report. These allegations include overstating the scale of its aftermarket aerospace business, misrepresenting whole engine sales as individual module sales, inflating EBITDA through over-depreciation in the leasing segment, and channel stuffing to boost sales figures. While FTAI's Audit Committee has stated these allegations are without merit, the ongoing lawsuits and accusations pose significant risks, including potential financial penalties, reputational damage, stock volatility, investor exodus, and regulatory investigations.
- High Debt Levels and Poor Debt Coverage: FTAI Aviation exhibits a very high net debt-to-equity ratio, which has significantly increased over the past five years. The company's operating cash flow is negative, indicating that its debt is not well covered, and its interest payments are also not sufficiently covered by its EBIT. This financial leverage represents a substantial risk to the business.
- Dependence on Partnerships and Customer Leverage: FTAI's business growth and smooth operation rely on various partnerships. Should any of these partnerships falter, it could disrupt the company's operations. Additionally, a significant portion of FTAI's customers are airplane lessors who are highly leveraged. Defaults by these customers could adversely impact FTAI Aviation.
AI Analysis | Feedback
The accelerated obsolescence and diminished long-term demand for older, less fuel-efficient aircraft engine types, which comprise a significant portion of FTAI Aviation's lease portfolio and MRO services, driven by increasing global environmental, social, and governance (ESG) pressures, stricter emissions regulations, and airline fleet renewal strategies focused on newer, more sustainable aircraft.
AI Analysis | Feedback
FTAI Aviation operates in several key markets, primarily focusing on aircraft and engine leasing, as well as maintenance, repair, and exchange (MRE) services for aircraft engines and aftermarket components. The addressable markets for their main products and services are as follows:
- Global Aircraft Leasing Market: This market was valued at approximately USD 183.13 billion in 2024 and is projected to reach about USD 397.21 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 8.05% from 2025 to 2034. Other estimates place the global aircraft leasing market at USD 192.45 billion in 2024, with a projected CAGR of 11.1%. The commercial aircraft leasing market alone was valued at USD 154.1 billion in 2023 and is expected to reach USD 315.9 billion by 2033, with a CAGR of 7.3%.
- Global Aircraft Engine Leasing Market: This market reached approximately USD 9.79 billion in 2022 and is expected to grow at a CAGR of 4.81% in the forecast period.
- Global Aircraft Engine MRO (Maintenance, Repair, and Overhaul) Market: The global aircraft engine MRO market was valued at USD 22.32 billion in 2024 and is anticipated to reach USD 33.80 billion by 2032, at a CAGR of 5.32%. Another report states the market was valued at USD 37.56 billion in 2022 and is projected to grow to USD 59.01 billion by 2030, exhibiting a CAGR of 4.69%. FTAI Aviation specifically targets a USD 22 billion addressable market in engine maintenance.
- Global Commercial Aircraft Aftermarket Parts Market: This market was valued at USD 44.3 billion in 2024 and is expected to reach USD 72.3 billion by 2033, with a CAGR of 5.3% during 2025-2033. Another source indicates the market size was USD 48.71 billion in 2024, projected to grow from USD 54.40 billion in 2025 to USD 93.52 billion by 2032, at a CAGR of 8.0%.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for FTAI Aviation (symbol: FTAI) over the next 2-3 years:- Expansion of Aerospace Products Segment and Production Capabilities: FTAI Aviation anticipates significant revenue growth from its Aerospace Products segment, driven by accelerated adoption and usage of its products, particularly CFM56 and V2500 engines. The company is actively expanding its module production and repair capabilities by ramping up production at existing facilities in Montreal, Miami, and Rome, and through new initiatives such as expanding component repair operations at a recent acquisition in California and launching a new joint venture in Connecticut. These expansions aim to meet increasing demand and achieve a target of over 40% margins in aerospace products.
- Strategic Capital Initiatives (SCI) and Asset-Light Leasing Model: FTAI Aviation is transitioning to an asset-light growth model, heavily leveraging its Strategic Capital Initiatives (SCI). The company has finalized equity commitments for SCI, upsizing its total equity capital to $2 billion and allocating over $6 billion in capital for deployment by mid-2026. This expanded partnership and fund are expected to drive continued aviation leasing growth through aggressive expansion and new partnerships, including the acquisition of MRO facilities and launching joint operations.
- Increased Market Share in Engine Aftermarket: FTAI Aviation is focused on capturing a larger share of the CFM56 and V2500 engine aftermarket. The company has already reported significant growth in market share, approximately doubling it year-over-year to 9%, with a long-term goal of reaching 25%. This growth is supported by the strong global demand for pre-built engines and modules and the appeal of FTAI's Maintenance, Repair, Exchange (MRE) business model as a cost-effective and flexible alternative for airlines.
- New Acquisitions and Joint Ventures to Enhance MRO Capabilities: The company is strategically acquiring and forming joint ventures to bolster its Maintenance, Repair, and Overhaul (MRO) capabilities and improve operational efficiencies. Recent examples include the acquisition of ATOPS for $15 million, which adds facilities in Miami and Portugal, and the launch of Prime Engine Accessories, a joint venture for an MRE repair facility. These initiatives aim to reduce costs per shop visit and enhance competitiveness, contributing to significant market share growth in Aerospace Products.
AI Analysis | Feedback
Share Repurchases
- FTAI Aviation has reported $0.00 in share buybacks over the last several years.
- Management indicated in August 2025 that significant share repurchases are planned for the near future, with any incremental cash and liquidity becoming available for buybacks.
Share Issuance
- In May 2024, FTAI Aviation announced a public offering of 2,090,561 ordinary shares by FIG LLC and an employee of FIG LLC.
- The company completed a Follow-on Equity Offering amounting to $171.426 million.
Inbound Investments
- FTAI Aviation completed fundraising for its inaugural Strategic Capital Initiative (SCI) vehicle in October 2025, reaching an upsized hard cap of $2.0 billion in equity commitments from a diverse group of global investors.
- The SCI vehicle, which is managed by FTAI Aviation, aims to deploy over $6 billion of capital, including debt financing, for acquiring on-lease 737NG and A320ceo aircraft.
- The company retains a 20% limited partnership interest in the SCI partnerships and benefits from exclusive engine maintenance, repair, and exchange (MRE) services for the aircraft owned by the fund.
Outbound Investments
- In May 2024, FTAI Aviation agreed to acquire Lockheed Martin Canada's commercial engine repair division (LMCES) for $170 million, enhancing its maintenance, repair, and exchange (MRE) business.
- The company acquired full ownership of Miami-based CFM56 engine specialist QuickTurn Engine Center at the end of 2023.
- In June 2025, FTAI Aviation acquired a 50% ownership stake in IAG Engine Center Europe S.r.l. (rebranded as Quick Turn Engine Center Europe) to expand its engine maintenance capacity by 450 modules per year.
Capital Expenditures
- Annual capital expenditures were $586 million in 2020, $567 million in 2021, $368 million in 2022, $278 million in 2023, and $187 million in 2024, indicating a declining trend.
- Maintenance capital expenditures are targeted around $125 million for the current year (Q3 2025) and are expected to remain at similar levels moving forward.
- FTAI Aviation intends to pursue capacity expansion primarily through accretive, relatively low-capex mergers and acquisitions and opportunistic facility builds, rather than large capital projects.
Latest Trefis Analyses
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Select ideas related to FTAI. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
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| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.7% | 18.7% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 4.7% | 4.7% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 6.9% | 6.9% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.6% | 2.6% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 6.0% | 6.0% | -0.4% |
Research & Analysis
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Peer Comparisons for FTAI Aviation
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 126.17 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 20.1% |
| Op Mgn 3Y Avg | 20.3% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 158.8 |
| P/S | 4.9 |
| P/EBIT | 22.0 |
| P/E | 36.3 |
| P/CFO | 16.2 |
| Total Yield | 4.2% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Aviation Leasing | 682 | 503 | 337 | ||
| Aerospace Products | 455 | 179 | |||
| Corporate and other | 34 | 27 | 16 | ||
| Jefferson Terminal | 204 | ||||
| Ports and Terminals | 22 | ||||
| Total | 1,171 | 708 | 579 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Aviation Leasing | 292 | 57 | 259 | ||
| Aerospace Products | 180 | 71 | |||
| Corporate and other | -260 | -265 | -145 | ||
| Jefferson Terminal | -44 | ||||
| Ports and Terminals | 80 | ||||
| Total | 212 | -138 | 150 |
Price Behavior
| Market Price | $174.19 | |
| Market Cap ($ Bil) | 17.9 | |
| First Trading Date | 05/15/2015 | |
| Distance from 52W High | -6.5% | |
| 50 Days | 200 Days | |
| DMA Price | $169.20 | $138.56 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 3.0% | 25.7% |
| 3M | 1YR | |
| Volatility | 48.9% | 82.5% |
| Downside Capture | 168.78 | 103.89 |
| Upside Capture | 162.63 | 118.95 |
| Correlation (SPY) | 42.9% | 40.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.82 | 1.58 | 1.70 | 1.43 | 1.68 | 1.57 |
| Up Beta | 1.97 | 2.82 | 2.28 | 2.42 | 1.73 | 1.57 |
| Down Beta | 4.36 | 1.47 | 1.44 | 1.89 | 2.44 | 2.05 |
| Up Capture | 63% | 132% | 184% | 139% | 102% | 645% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 10 | 20 | 33 | 64 | 127 | 411 |
| Down Capture | 183% | 130% | 154% | 62% | 108% | 100% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 21 | 29 | 61 | 120 | 336 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of FTAI With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| FTAI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 31.8% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 82.1% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.70 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 36.1% | 40.0% | 9.2% | 19.5% | 21.4% | 14.3% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of FTAI With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| FTAI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 61.2% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 52.7% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 1.11 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 43.0% | 44.3% | 11.2% | 12.6% | 31.3% | 16.5% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of FTAI With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| FTAI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 45.0% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 49.3% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.95 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 45.4% | 43.4% | 5.3% | 22.1% | 36.7% | 12.0% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2025 | -4.7% | -4.7% | 7.8% |
| 2/26/2025 | -7.6% | -19.4% | -18.1% |
| 10/30/2024 | -7.5% | 2.6% | 16.4% |
| 7/24/2024 | -3.6% | 2.0% | 9.8% |
| 2/22/2024 | 6.3% | 3.3% | 20.6% |
| 10/25/2023 | 7.0% | 17.0% | 26.4% |
| 7/26/2023 | -4.3% | -2.7% | 6.2% |
| 2/24/2023 | 0.3% | 0.3% | -4.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 10 | 11 |
| # Negative | 11 | 8 | 7 |
| Median Positive | 3.0% | 2.9% | 14.4% |
| Median Negative | -4.3% | -5.3% | -9.9% |
| Max Positive | 7.0% | 17.0% | 28.0% |
| Max Negative | -7.6% | -19.4% | -51.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10292025 | 10-Q 9/30/2025 |
| 6302025 | 7312025 | 10-Q 6/30/2025 |
| 3312025 | 5052025 | 10-Q 3/31/2025 |
| 12312024 | 3032025 | 10-K 12/31/2024 |
| 9302024 | 11122024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 4262024 | 10-Q 3/31/2024 |
| 12312023 | 2262024 | 10-K 12/31/2023 |
| 9302023 | 10262023 | 10-Q 9/30/2023 |
| 6302023 | 7272023 | 10-Q 6/30/2023 |
| 3312023 | 4272023 | 10-Q 3/31/2023 |
| 12312022 | 2272023 | 10-K 12/31/2022 |
| 9302022 | 10312022 | 10-Q 9/30/2022 |
| 6302022 | 7292022 | 10-Q 6/30/2022 |
| 3312022 | 4292022 | 10-Q 3/31/2022 |
| 12312021 | 2282022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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