FTAI Aviation Ltd. (FTAI)

FTAI Aviation Ltd. owns, acquires, and sells aviation equipment for the transportation of goods and people worldwide. It operates in two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns, leases, manages, and sells aircraft and aircraft engines. As of December 31, 2025, this segment owned and managed 290 aviation assets consisting of 47 commercial aircraft and 243 engines, including eight aircraft and seventeen engines in Russia. The Aerospace Products segment develops, manufactures, repairs/refurbishes, and sells aircraft engines and aftermarket components for the commercial aircraft engines. It also engages in the offshore energy business, which consists of vessels and equipment that support offshore oil and gas activities and production. FTAI Aviation Ltd. has a strategic collaboration with Aeronautical Engineers, Inc. The company was founded in 2011 and is headquartered in New York, New York.

Ticker
FTAI
Exchange
Nasdaq
Sector
Industrials
Industry
Aerospace & Defense
Market cap
$18.47B
52-week range
$146.48 - $323.51

Valuation

Share price
$180.27 (close of Nov 6, 2026)
P/E (TTM)
36.05x
Price to book
42.62x
Price to free cash flow
-31.37x
Enterprise value
$21.54B
Book value per share
$4.23

Price performance

PeriodChange
1 day+10.97%
5 days-3.74%
1 month+0.46%
3 months-18.51%
6 months-36.87%
Year to date-8.42%
1 year+11.11%
3 years+345.00%
5 years+693.44%
10 years+1,534.36%
All time+1,141.74%

Short interest

As of
Oct 15, 2026
Short % of float
9.67%
Shares short
6.20M
Days to cover
3.65
Change since prior report
+8.13%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
149.94%
Return on invested capital
19.79%*
Return on assets
11.46%
Return on capital employed
21.50%*
Gross margin
46.17%
Net margin
19.98%
EBITDA margin
43.08%
Revenue growth
44.53%

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash flow and balance sheet

Free cash flow yield (TTM)
-3.19%
Current ratio
3.82x
Net debt to EBITDA
2.78x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.51B
Cost of revenue
$1.35B
Gross profit
$1.16B
EBITDA
$1.08B
Net income
$501.06M
Earnings per share
$4.66
Interest expense
$247.75M
Shares outstanding
102.56M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.51B$1.16B$501.06M$4.66
2024-12-31$1.73B$909.02M$8.68M-$0.32
2023-12-31$1.17B$668.76M$243.82M$2.12
2022-12-31$708.41M$460.03M-$212.03M-$2.13
2021-12-31$335.58M$321.27M-$130.71M-$1.45
2020-12-31$297.93M--$105.04M-$1.22
2019-12-31$578.77M-$223.27M$2.60
2018-12-31$342.11M-$5.88M$0.07
2017-12-31$185.05M-$134.00K$0.00
2016-12-31$148.72M--$20.06M-$0.26

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3146.17%19.98%149.94%19.79%*
2024-12-3152.40%0.50%-6.54%*
2023-12-3157.12%20.82%138.62%12.83%*
2022-12-3164.94%-29.93%--
2021-12-3195.74%-38.95%-11.63%-
2020-12-31--35.26%-9.55%-
2019-12-31-38.58%16.68%-
2018-12-31-1.72%0.56%-
2017-12-31-0.07%0.01%-
2016-12-31--13.49%-1.72%-

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash and debt by year

Period endCashDebt
2025-12-31$300.48M$3.45B
2024-12-31$115.12M$3.44B
2023-12-31$90.76M$2.52B
2022-12-31$33.56M$2.18B
2021-12-31$138.21M$2.50B
2020-12-31$121.70M$1.90B
2019-12-31$226.51M$1.42B
2018-12-31$99.60M$1.22B
2017-12-31$59.40M$703.26M
2016-12-31$68.06M$259.51M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$338.46M$21.73M
2024-12-31-$197.18M$6.01M
2023-12-31$122.83M$1.64M
2022-12-31-$164.85M$2.62M
2021-12-31-$179.38M-
2020-12-31-$201.72M-
2019-12-31-$180.13M$1.51M
2018-12-31-$96.27M$717.00K
2017-12-31-$47.53M$613.00K
2016-12-31-$26.47M-$3.67M

Dividend history

Most recent payment
Aug 12, 2026
Paid in the last twelve months
$1.70
Payment dateDividend per share
2026-08-12$0.50
2026-05-13$0.45
2026-03-13$0.40
2025-11-10$0.35
2025-08-12$0.30
2025-05-16$0.30
2025-03-14$0.30
2024-11-14$0.30

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026$1.31
2026-07-29Jun 2026$1.32
2026-04-29Mar 2026$1.61
2026-02-25Dec 2025$1.22
2025-10-27Sep 2025$1.19
2025-07-29Jun 2025$1.33
2025-04-30Mar 2025$0.94
2025-02-26Dec 2024$0.83

Filings and sources

Company website
ftaiaviation.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

General Electric Co (GE) · RTX Corp (RTX) · Boeing Co (BA) · Lockheed Martin Corp (LMT) · General Dynamics Corp (GD) · Northrop Grumman Corp (NOC) · Howmet Aerospace Inc. (HWM) · TransDigm Group Inc (TDG)

All Industrials companies

Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades