FTAI Infrastructure Inc. engages in acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. It operates through four segments: Railroad, Ports and Terminals, Power and Gas, and Sustainability and Energy Transition. The company operates a multi-modal crude oil and refined products terminal, and other related assets; and Jefferson Terminal and Repauno that develops or acquires industrial properties in strategic locations that store and handle for third parties various energy products, including crude oil, refined products, and clean fuels. It also has a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; and a 1,660-acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities, including a power plant. In addition, the company owns and operates eight freight railroads and one switching company that provides rail service to certain manufacturing and production facilities. Further, it focuses on waste plastic to renewable fuel, hydrogen-fueled power plant, and carbon capture businesses. FTAI Infrastructure Inc. was incorporated in 2021 and is headquartered in New York, New York.
Ticker
FIP
Exchange
Nasdaq
Sector
Industrials
Industry
Conglomerates
Market cap
$410.09M
52-week range
$2.23 - $6.69
Valuation
Share price
$3.47 (close of Nov 6, 2026)
P/E (TTM)
-0.68x
Price to book
-0.55x
Price to free cash flow
-1.41x
Enterprise value
$3.29B
Book value per share
$-6.30
Price performance
Period
Change
1 day
+18.03%
5 days
+21.33%
1 month
+29.96%
3 months
-14.32%
6 months
-37.36%
Year to date
-24.73%
1 year
-32.62%
3 years
+8.44%
All time
+15.67%
Short interest
As of
Oct 15, 2026
Short % of float
26.81%
Shares short
19.30M
Days to cover
13.02
Change since prior report
+3.72%
Source
FINRA consolidated short interest
Profitability and growth
Return on invested capital
2.85%*
Return on assets
-2.65%
Return on capital employed
2.07%*
Net margin
-30.26%
EBITDA margin
48.36%
Revenue growth
51.59%
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash flow and balance sheet
Free cash flow yield (TTM)
-71.05%
Current ratio
0.22x
Net debt to EBITDA
29.46x
Latest reported year
Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$502.52M
EBITDA
$243.03M
Net income
-$152.05M
Earnings per share
$-2.24
Interest expense
$265.91M
Shares outstanding
115.21M
Income statement by year
Period end
Revenue
Net income
EPS
2025-12-31
$502.52M
-$152.05M
-$2.24
2024-12-31
$331.50M
-$266.06M
-$2.72
2023-12-31
$320.47M
-$159.75M
-$1.78
2022-12-31
$261.97M
-$187.52M
-$1.73
2021-12-31
$120.22M
-$106.34M
-$0.80
2020-12-31
$68.56M
-$71.72M
-$0.56
Margins and returns by year
Period end
Net margin
Return on equity
Return on capital
2025-12-31
-30.26%
-
2.85%*
2024-12-31
-80.26%
-131.29%
-7.57%*
2023-12-31
-49.85%
-38.69%
-3.16%*
2022-12-31
-71.58%
-35.73%
-7.11%*
2021-12-31
-88.46%
-7.27%
-4.01%*
2020-12-31
-104.61%
-7.21%
-
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.