FTAI Aviation (FTAIO) Financials

$25.46 -0.01 (-0.04%)

As of 02/14/2025

Annual Income Statements for FTAI Aviation

This table shows FTAI Aviation's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-12	-20	0.13	5.88	223	-105	-129	-220	212	-32
Consolidated Net Income / (Loss)	-29	-41	-23	-16	208	-104	-131	-212	244	8.68
Net Income / (Loss) Continuing Operations	-29	-41	-23	-20	134	-39	-43	-111	244	8.68
Total Pre-Tax Income	-28	-40	-21	-18	152	-43	-40	-105	184	14
Total Operating Income	-25	-32	-39	32	-53	-34	-84	84	340	238
Total Gross Profit	137	149	185	342	579	298	321	460	669	909
Total Revenue	137	149	185	342	579	298	336	708	1,171	1,735
Operating Revenue	137	149	185	342	579	298	336	708	1,171	1,735
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	14	248	502	826
Operating Cost of Revenue	-	-	-	-	-	0.00	14	248	502	826
Total Operating Expenses	162	181	224	310	631	332	405	376	329	671
Selling, General & Admin Expense	7.57	12	77	154	308	54	74	150	142	139
Depreciation Expense	45	60	86	134	169	141	148	153	170	218
Other Operating Expenses / (Income)	103	102	54	16	132	93	155	0.00	0.00	300
Impairment Charge	-	-	-	0.00	4.73	34	10	137	2.12	0.96
Restructuring Charge	5.68	6.32	7.31	6.97	18	9.87	18	13	15	32
Other Special Charges / (Income)	-	-	-	-	-	-	-	-77	0.00	-19
Total Other Income / (Expense), net	-2.93	-8.34	18	-49	205	-9.08	44	-189	-156	-224
Interest Expense	-0.58	1.44	1.77	56	-0.53	6.94	3.25	189	162	239
Interest & Investment Income	-6.96	-5.99	-1.60	-1.01	-2.38	-1.93	-1.40	-0.37	-1.61	-2.20
Other Income / (Expense), net	3.45	-0.91	22	7.89	207	-0.21	49	0.21	7.59	17
Income Tax Expense	0.59	0.27	1.95	2.45	18	-4.34	3.13	5.30	-60	5.49
Net Income / (Loss) Discontinued Operations	-	-	-0.74	4.40	73	-65	-88	-101	0.00	0.00
Preferred Stock Dividends Declared	-	-	0.00	0.00	1.84	18	25	27	32	41
Net Income / (Loss) Attributable to Noncontrolling Interest	-17	-21	-23	-22	-17	-17	-26	-19	0.00	0.00
Weighted Average Basic Shares Outstanding	67.04M	75.74M	75.77M	83.65M	85.99M	86.02M	89.92M	99.42M	99.91M	101.54M
Weighted Average Diluted Shares Outstanding	67.04M	75.74M	75.77M	83.66M	86.03M	86.02M	89.92M	99.42M	100.43M	101.54M
Weighted Average Basic & Diluted Shares Outstanding	65.70M	77.20M	82.78M	84.40M	84.99M	85.62M	99.19M	99.73M	100.25M	102.55M
Cash Dividends to Common per Share	$0.48	$1.32	$1.32	$0.33	$0.33	$1.32	$1.32	$1.26	$1.20	$1.20

This table shows FTAI Aviation's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-23	20	23	46	33	110	31	-228	78	87
Consolidated Net Income / (Loss)	-19	27	29	55	41	118	40	-220	86	102
Net Income / (Loss) Continuing Operations	-4.15	27	29	55	41	118	40	-220	86	102
Total Pre-Tax Income	0.04	25	31	57	45	51	45	-233	94	108
Total Operating Income	21	230	72	95	85	88	93	-163	149	158
Total Gross Profit	134	146	147	170	174	178	184	238	246	241
Total Revenue	230	274	293	274	291	313	327	444	466	499
Operating Revenue	230	274	293	274	291	313	327	444	466	499
Total Cost of Revenue	96	128	146	105	117	135	143	206	219	258
Operating Cost of Revenue	96	128	146	105	117	135	143	206	219	258
Total Operating Expenses	113	-84	75	75	90	90	91	400	97	83
Selling, General & Admin Expense	31	30	30	34	41	37	34	36	31	38
Depreciation Expense	35	37	41	39	44	46	50	57	57	55
Restructuring Charge	2.85	4.87	3.26	2.67	4.26	5.00	6.18	8.02	9.34	8.76
Total Other Income / (Expense), net	-21	-205	-41	-38	-40	-37	-48	-70	-55	-50
Interest Expense	20	-	39	38	40	44	48	69	58	64
Interest & Investment Income	-0.36	-0.24	-1.34	-0.38	0.05	0.06	-0.67	-0.69	-0.44	-0.40
Other Income / (Expense), net	-1.04	-80	0.01	0.41	0.46	6.71	0.63	-0.50	2.91	14
Income Tax Expense	4.19	-2.06	2.03	1.86	3.71	-67	5.57	-13	7.33	5.62
Preferred Stock Dividends Declared	6.79	6.79	6.79	8.34	8.33	8.34	8.34	8.34	8.34	16
Weighted Average Basic Shares Outstanding	99.38M	99.42M	99.73M	99.73M	99.93M	99.91M	100.25M	100.96M	102.38M	101.54M
Weighted Average Diluted Shares Outstanding	99.38M	99.42M	100.97M	100.46M	100.48M	100.43M	100.96M	100.96M	103.40M	101.54M
Weighted Average Basic & Diluted Shares Outstanding	99.66M	99.73M	99.73M	99.74M	100.24M	100.25M	100.25M	102.21M	102.55M	102.55M

This table details how cash moves in and out of FTAI Aviation's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	360	-270	-41	28	122	-81	279	-234	38	24
Net Cash From Operating Activities	24	31	68	134	151	63	-22	-21	129	-188
Net Cash From Continuing Operating Activities	24	31	68	134	151	63	-22	132	129	-188
Net Income / (Loss) Continuing Operations	-29	-41	-23	-16	208	-104	-131	-212	244	8.68
Consolidated Net Income / (Loss)	-29	-41	-23	-16	208	-104	-131	-212	244	8.68
Depreciation Expense	45	60	88	136	171	172	202	346	170	218
Amortization Expense	8.49	8.02	13	32	38	38	50	56	53	55
Non-Cash Adjustments To Reconcile Net Income	7.49	5.80	-13	-10	-258	29	-46	70	-189	-219
Changes in Operating Assets and Liabilities, net	-9.13	-2.49	4.58	-8.79	-8.48	-72	-97	-128	-148	-251
Net Cash From Investing Activities	-240	-211	-472	-704	-495	-509	-1,287	-411	-373	-469
Net Cash From Continuing Investing Activities	-240	-211	-472	-704	-495	-509	-1,288	-411	-373	-469
Purchase of Property, Plant & Equipment	-261	-258	-542	-728	-900	-586	-730	-783	-756	-1,157
Acquisitions	-2.45	-4.53	-10	-11	-29	-8.34	-627	-35	-30	-148
Purchase of Investments	-	-	-	-	-	-	-	0.00	0.00	-67
Sale of Property, Plant & Equipment	1.39	0.74	92	44	248	0.00	163	414	478	969
Sale and/or Maturity of Investments	3.73	0.43	30	2.09	1.56	-	0.00	0.00	4.88	4.93
Other Investing Activities, net	19	51	-42	-11	183	86	-94	-8.01	-71	-73
Net Cash From Financing Activities	576	-90	363	598	466	365	1,588	45	282	682
Net Cash From Continuing Financing Activities	576	-90	363	598	466	365	1,588	45	282	682
Repayment of Debt	-24	-164	-129	-222	-439	-880	-1,606	-1,163	-617	-1,690
Repurchase of Preferred Equity	-	-	-	-	-	-	-	0.00	0.00	-105
Repurchase of Common Equity	-3.00	0.00	0.00	-0.82	-	-	-	0.00	0.00	-0.53
Payment of Dividends	-82	-101	-100	-111	-115	-131	-143	-156	-152	-154
Issuance of Debt	0.20	152	567	751	789	1,341	2,894	814	952	2,582
Issuance of Preferred Equity	-	-	0.00	0.00	194	20	101	0.00	62	0.00
Issuance of Common Equity	392	11	0.04	148	0.00	0.00	323	1.19	0.02	0.00
Other Financing Activities, net	292	12	25	32	38	16	18	549	38	50
Cash Interest Paid	19	13	25	44	83	72	142	185	151	222
Cash Income Taxes Paid	0.51	0.65	1.73	0.72	1.07	0.00	0.40	3.28	1.39	5.66

This table details how cash moves in and out of FTAI Aviation's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-224	133	-12	-20	32	38	-26	104	-58	3.23
Net Cash From Operating Activities	27	0.64	39	29	50	12	-0.35	-187	41	-42
Net Cash From Continuing Operating Activities	27	154	39	29	50	12	-0.35	-187	41	-42
Net Income / (Loss) Continuing Operations	-19	27	29	55	41	118	40	-220	86	102
Consolidated Net Income / (Loss)	-19	27	29	55	41	118	40	-220	86	102
Depreciation Expense	41	190	41	39	44	46	50	57	57	55
Amortization Expense	10	8.70	9.86	13	18	13	12	12	16	16
Non-Cash Adjustments To Reconcile Net Income	4.22	-32	-39	-43	-52	-56	-58	68	-100	-129
Changes in Operating Assets and Liabilities, net	-9.19	-40	-2.74	-34	-1.55	-109	-44	-104	-18	-86
Net Cash From Investing Activities	38	-143	-12	-90	-89	-182	-169	-50	-223	-27
Net Cash From Continuing Investing Activities	38	-143	-12	-90	-89	-182	-169	-50	-223	-27
Purchase of Property, Plant & Equipment	-60	-283	-129	-199	-183	-245	-278	-160	-187	-531
Acquisitions	7.10	-31	-9.94	-1.26	0.67	-19	-26	-79	-202	159
Purchase of Investments	-	-	-	-	-	-	-	-	-44	-3.00
Sale of Property, Plant & Equipment	-145	409	154	120	93	112	128	205	209	426
Sale and/or Maturity of Investments	-	-	0.00	1.62	0.81	2.44	1.96	0.90	1.01	1.06
Other Investing Activities, net	236	-238	-27	-11	-0.49	-32	4.28	2.87	-1.16	-79
Net Cash From Financing Activities	-290	123	-38	41	71	208	144	342	124	72
Net Cash From Continuing Financing Activities	-290	123	-38	41	71	208	144	342	124	72
Repayment of Debt	-764	-160	-220	-111	-0.37	-285	-35	-1,262	-81	-312
Payment of Dividends	-40	-37	-37	-38	-38	-38	-38	-39	-39	-38
Issuance of Debt	-	310	145	180	105	522	210	1,629	230	513
Other Financing Activities, net	513	9.71	12	11	5.09	10	7.73	14	14	15

This table presents FTAI Aviation's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,645	1,547	1,956	2,639	3,237	3,388	4,864	2,430	2,965	4,038
Total Current Assets	511	205	133	224	292	253	363	297	671	1,226
Cash & Equivalents	382	68	59	100	227	122	138	34	91	115
Accounts Receivable	14	21	31	46	49	92	125	99	115	151
Inventories, net	-	-	-	-	-	-	100	164	317	551
Other Current Assets	-	-	-	-	-	-	-	-	149	409
Plant, Property, & Equipment, net	936	1,118	1,564	2,094	2,439	964	0.00	10	45	107
Total Noncurrent Assets	197	225	259	321	506	2,171	4,500	2,123	2,248	2,704
Long-Term Investments	-	-	43	41	181	147	23	22	23	19
Goodwill	117	117	117	116	123	123	-	0.00	4.63	61
Intangible Assets	44	39	40	38	28	19	31	42	51	42
Other Noncurrent Operating Assets	37	70	59	126	167	1,876	2,004	2,059	2,170	2,582
Total Liabilities & Shareholders' Equity	1,645	1,547	1,956	2,639	3,237	3,388	4,864	2,430	2,965	4,038
Total Liabilities	354	382	921	1,585	1,898	2,289	3,740	2,410	2,789	3,957
Total Current Liabilities	35	38	68	136	145	113	87	86	182	347
Accounts Payable	35	38	68	101	145	113	87	86	42	69
Accrued Expenses	-	-	-	-	-	-	-	-	71	97
Customer Deposits	-	-	-	-	-	-	-	-	57	81
Other Current Liabilities	-	-	-	-	-	-	-	-	12	101
Total Noncurrent Liabilities	319	343	853	1,449	1,753	2,175	3,653	2,324	2,607	3,609
Long-Term Debt	266	260	703	1,215	1,421	1,905	2,502	2,176	2,517	3,440
Other Noncurrent Operating Liabilities	53	84	149	234	332	271	171	148	90	169
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,291	1,166	1,035	1,054	1,339	1,099	1,124	19	176	81
Total Preferred & Common Equity	1,166	1,054	947	997	1,302	1,077	1,124	19	175	81
Preferred Stock	-	-	-	0.00	0.08	0.09	0.13	0.13	0.16	0.12
Total Common Equity	1,166	1,054	947	997	1,302	1,077	1,124	19	175	81
Common Stock	1,185	1,086	986	1,030	1,111	1,131	1,413	344	257	154
Retained Earnings	-19	-39	-39	-33	190	-28	-132	-326	-82	-73
Noncontrolling Interest	124	112	88	56	37	23	-0.19	0.52	0.53	0.00

This table presents FTAI Aviation's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,018	2,441	2,526	2,634	3,176	3,449	3,739
Total Current Assets	281	388	411	436	548	697	769
Cash & Equivalents	16	41	21	53	65	169	112
Accounts Receivable	83	114	-	108	137	154	166
Inventories, net	160	193	232	275	345	373	491
Plant, Property, & Equipment, net	0.00	11	12	13	44	33	104
Total Noncurrent Assets	1,737	2,042	2,103	2,185	2,584	2,719	2,866
Long-Term Investments	-	-	-	40	22	20	19
Goodwill	-	-	-	-	4.63	4.63	32
Intangible Assets	29	46	45	41	47	42	38
Other Noncurrent Operating Assets	1,708	1,997	2,058	2,103	2,510	2,653	2,777
Total Liabilities & Shareholders' Equity	2,018	2,441	2,526	2,634	3,176	3,449	3,739
Total Liabilities	225	2,367	2,434	2,539	2,998	3,380	3,620
Total Current Liabilities	54	105	80	109	139	129	197
Accounts Payable	27	105	80	109	139	129	197
Total Noncurrent Liabilities	171	2,262	2,355	2,430	2,859	3,251	3,424
Long-Term Debt	-	2,102	2,173	2,279	2,694	3,078	3,218
Other Noncurrent Operating Liabilities	171	160	181	151	165	173	205
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,793	74	91	95	178	70	119
Total Preferred & Common Equity	1,793	74	91	95	177	70	119
Preferred Stock	-	0.16	0.16	0.16	0.16	0.16	0.16
Total Common Equity	1,793	74	91	95	177	69	118
Common Stock	1,088	370	332	295	219	331	294
Retained Earnings	706	-296	-241	-200	-42	-262	-176
Noncontrolling Interest	-	0.52	0.53	0.53	0.53	0.00	0.00

This table displays calculated financial ratios and metrics derived from FTAI Aviation's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	135.75%	8.90%	24.43%	84.87%	69.18%	-48.52%	12.64%	111.10%	65.28%	48.17%
EBITDA Growth	91.44%	10.00%	136.11%	149.47%	74.73%	-51.73%	23.26%	124.80%	17.13%	-7.21%
EBIT Growth	-771.25%	-51.81%	47.77%	331.13%	287.77%	-122.42%	-1.62%	339.78%	312.86%	-26.51%
NOPAT Growth	-126.56%	-27.38%	-21.44%	181.90%	-309.02%	48.40%	-143.65%	200.36%	666.28%	-67.62%
Net Income Growth	-1,081.19%	-41.80%	42.76%	32.43%	1,423.13%	-149.90%	-26.05%	-62.22%	214.99%	-96.44%
EPS Growth	-220.00%	-44.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	174.57%	31.35%	121.65%	95.19%	12.97%	-58.22%	-134.93%	6.29%	724.40%	-245.72%
Free Cash Flow Firm Growth	106.49%	-261.79%	-188.50%	-21.78%	35.55%	-29.09%	265.63%	-112.32%	112.56%	-6,833.71%
Invested Capital Growth	-7.95%	9.52%	28.06%	30.14%	12.01%	15.38%	-25.73%	6.84%	20.58%	31.32%
Revenue Q/Q Growth	8.23%	6.10%	-6.81%	26.33%	11.82%	-34.11%	22.00%	41.20%	3.39%	12.01%
EBITDA Q/Q Growth	-8.98%	52.99%	-1.75%	29.36%	15.56%	-22.43%	5.33%	132.39%	28.56%	90.88%
EBIT Q/Q Growth	-69.99%	20.43%	-329.93%	222.67%	41.17%	-310.89%	-225.60%	169.03%	48.70%	1,536.05%
NOPAT Q/Q Growth	-38.07%	18.37%	-149.73%	508.87%	-204.93%	76.68%	-891.55%	135.69%	98.15%	3,464.76%
Net Income Q/Q Growth	-52.07%	7.79%	-3.24%	27.32%	698.31%	-175.62%	-54.42%	38.47%	60.13%	-64.70%
EPS Q/Q Growth	0.00%	27.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	1.83%	150.84%	1.20%	30.48%	7.89%	-27.23%	-113.24%	88.21%	9.86%	-40.33%
Free Cash Flow Firm Q/Q Growth	0.00%	-60.07%	-30.81%	12.21%	36.71%	-28.85%	168.33%	-104.61%	103.29%	28.01%
Invested Capital Q/Q Growth	2.05%	6.58%	10.33%	5.76%	-6.01%	0.57%	-44.65%	21.88%	13.07%	5.68%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	95.74%	64.94%	57.12%	52.40%
EBITDA Margin	23.52%	23.76%	45.09%	60.84%	62.84%	58.92%	64.48%	68.66%	48.66%	30.47%
Operating Margin	-18.39%	-21.51%	-20.99%	9.30%	-9.11%	-11.52%	-24.91%	11.84%	29.01%	13.71%
EBIT Margin	-15.87%	-22.12%	-9.28%	11.61%	26.60%	-11.59%	-10.45%	11.87%	29.66%	14.71%
Profit (Net Income) Margin	-20.96%	-27.30%	-12.56%	-4.59%	35.90%	-34.80%	-38.95%	-29.93%	20.82%	0.50%
Tax Burden Percent	102.09%	100.66%	113.10%	88.94%	136.58%	238.95%	328.94%	201.33%	132.50%	61.27%
Interest Burden Percent	129.43%	122.60%	119.61%	-44.47%	98.80%	125.71%	113.28%	-125.20%	52.99%	5.55%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	11.71%	0.00%	0.00%	0.00%	-32.50%	38.73%
Return on Invested Capital (ROIC)	-1.47%	-1.87%	-1.91%	1.21%	-2.10%	-0.95%	-2.49%	2.84%	19.07%	4.88%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.29%	57.12%	-0.70%	-3.54%	22.95%	-7.10%	-8.32%	-15.22%	9.96%	0.08%
Return on Net Nonoperating Assets (RNNOA)	-1.38%	-1.44%	-0.21%	-2.71%	19.47%	-7.55%	-9.27%	-39.92%	230.63%	1.87%
Return on Equity (ROE)	-2.86%	-3.31%	-2.11%	-1.50%	17.37%	-8.51%	-11.76%	-37.08%	249.70%	6.75%
Cash Return on Invested Capital (CROIC)	6.80%	-10.96%	-26.52%	-24.99%	-13.43%	-15.24%	27.03%	-3.78%	0.42%	-22.19%
Operating Return on Assets (OROA)	-1.42%	-2.06%	-0.98%	1.73%	5.24%	-1.04%	-0.85%	2.31%	12.88%	7.29%
Return on Assets (ROA)	-1.88%	-2.54%	-1.33%	-0.68%	7.07%	-3.13%	-3.17%	-5.81%	9.04%	0.25%
Return on Common Equity (ROCE)	-2.54%	-2.99%	-1.92%	-1.40%	16.69%	-8.30%	-11.64%	-37.07%	248.15%	6.73%
Return on Equity Simple (ROE_SIMPLE)	-2.45%	-3.85%	-2.45%	-1.57%	15.96%	-9.63%	-11.62%	-1,115.29%	139.05%	10.67%
Net Operating Profit after Tax (NOPAT)	-18	-22	-27	22	-47	-24	-59	59	450	146
NOPAT Margin	-12.87%	-15.06%	-14.69%	6.51%	-8.04%	-8.06%	-17.44%	8.29%	38.44%	8.40%
Net Nonoperating Expense Percent (NNEP)	5.81%	-58.99%	-1.21%	4.75%	-25.05%	6.14%	5.83%	18.06%	9.12%	4.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	2.68%	16.71%	4.14%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.26%	35.06%	42.88%	47.60%
SG&A Expenses to Revenue	5.54%	8.28%	41.60%	44.93%	53.30%	18.20%	21.98%	21.17%	12.12%	7.99%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	118.39%	121.51%	120.99%	90.70%	109.11%	111.52%	120.65%	53.09%	28.11%	38.69%
Earnings before Interest and Taxes (EBIT)	-22	-33	-17	40	154	-35	-35	84	347	255
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	32	35	83	208	364	176	216	486	570	529
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.39	0.57	1.03	0.89	0.96	1.57	2.24	85.79	26.19	181.80
Price to Tangible Book Value (P/TBV)	0.45	0.67	1.23	1.05	1.09	1.80	2.31	0.00	38.24	0.00
Price to Revenue (P/Rev)	3.29	4.03	5.25	2.59	2.17	5.66	7.52	2.29	3.92	8.51
Price to Earnings (P/E)	0.00	0.00	7,256.07	150.88	5.62	0.00	0.00	0.00	21.64	0.00
Dividend Yield	8.08%	16.69%	10.29%	12.44%	8.93%	6.71%	5.19%	9.14%	2.62%	0.83%
Earnings Yield	0.00%	0.00%	0.01%	0.66%	17.79%	0.00%	0.00%	0.00%	4.62%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.37	0.64	1.02	0.96	0.98	1.23	2.43	1.75	2.71	5.34
Enterprise Value to Revenue (EV/Rev)	3.12	5.36	8.80	5.84	3.96	11.09	14.50	5.28	5.97	10.42
Enterprise Value to EBITDA (EV/EBITDA)	13.27	22.55	19.51	9.60	6.30	18.83	22.48	7.69	12.27	34.19
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	50.31	14.87	0.00	0.00	44.47	20.14	70.84
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	89.70	0.00	0.00	0.00	63.68	15.54	124.05
Enterprise Value to Operating Cash Flow (EV/OCF)	18.12	25.79	23.77	14.94	15.16	52.37	0.00	0.00	54.21	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	5.26	0.00	0.00	0.00	0.00	0.00	7.66	0.00	711.02	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.22	0.68	1.15	1.06	1.73	2.23	112.14	14.31	42.28
Long-Term Debt to Equity	0.21	0.22	0.68	1.15	1.06	1.73	2.23	112.14	14.31	42.28
Financial Leverage	0.19	-0.03	0.30	0.77	0.85	1.06	1.11	2.62	23.17	22.20
Leverage Ratio	1.52	1.30	1.59	2.20	2.46	2.72	3.71	6.38	27.62	27.22
Compound Leverage Factor	1.97	1.59	1.90	-0.98	2.43	3.42	4.20	-7.99	14.64	1.51
Debt to Total Capital	17.10%	18.21%	40.46%	53.56%	51.49%	63.41%	69.00%	99.12%	93.47%	97.69%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	17.10%	18.21%	40.46%	53.56%	51.49%	63.41%	69.00%	99.12%	93.47%	97.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.00%
Noncontrolling Interests to Total Capital	7.99%	7.85%	5.06%	2.49%	1.34%	0.75%	-0.01%	0.02%	0.02%	0.00%
Common Equity to Total Capital	74.91%	73.94%	54.48%	43.96%	47.17%	35.84%	31.01%	0.86%	6.50%	2.31%
Debt to EBITDA	8.29	7.34	8.43	5.84	3.91	10.85	11.56	4.47	4.42	6.51
Net Debt to EBITDA	-4.60	2.43	6.81	5.06	2.74	9.10	10.82	4.36	4.22	6.25
Long-Term Debt to EBITDA	8.29	7.34	8.43	5.84	3.91	10.85	11.56	4.47	4.42	6.51
Debt to NOPAT	-15.14	-11.59	-25.86	54.56	-30.53	-79.30	-42.75	37.04	5.59	23.61
Net Debt to NOPAT	8.41	-3.84	-20.89	47.32	-21.44	-66.48	-39.99	36.10	5.34	22.69
Long-Term Debt to NOPAT	-15.14	-11.59	-25.86	54.56	-30.53	-79.30	-42.75	37.04	5.59	23.61
Altman Z-Score	1.13	1.06	0.71	0.54	0.87	0.53	0.48	0.73	1.93	3.11
Noncontrolling Interest Sharing Ratio	11.15%	9.62%	9.08%	6.91%	3.90%	2.45%	1.01%	0.03%	0.62%	0.31%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	14.60	5.35	1.95	1.65	2.02	2.24	4.18	3.43	3.69	3.53
Quick Ratio	13.98	3.64	1.46	1.07	1.91	1.89	3.02	1.54	1.13	0.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	81	-131	-378	-461	-297	-383	635	-78	9.83	-662
Operating Cash Flow to CapEx	9.06%	12.01%	15.21%	19.56%	23.19%	10.76%	-3.89%	-5.61%	46.39%	-100.36%
Free Cash Flow to Firm to Interest Expense	0.00	-90.92	-214.08	-8.18	0.00	-55.23	195.18	-0.41	0.06	-2.77
Operating Cash Flow to Interest Expense	0.00	21.42	38.74	2.37	0.00	9.09	-6.77	-0.11	0.80	-0.79
Operating Cash Flow Less CapEx to Interest Expense	0.00	-156.87	-215.91	-9.76	0.00	-75.38	-180.88	-2.06	-0.92	-1.57
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.09	0.11	0.15	0.20	0.09	0.08	0.19	0.43	0.50
Accounts Receivable Turnover	11.36	8.30	7.06	8.83	12.07	4.22	3.10	6.31	10.91	13.05
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.88	2.09	1.90
Fixed Asset Turnover	0.16	0.14	0.14	0.19	0.26	0.18	0.00	0.00	42.43	22.73
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.14	2.86	7.84	14.92
Days Sales Outstanding (DSO)	32.14	43.96	51.71	41.34	30.23	86.47	117.80	57.80	33.45	27.98
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	193.96	174.57	191.76
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	2,553.83	127.47	46.54	24.46
Cash Conversion Cycle (CCC)	32.14	43.96	51.71	41.34	30.23	86.47	-2,436.02	124.29	161.48	195.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,143	1,252	1,603	2,086	2,337	2,696	2,003	2,140	2,580	3,388
Invested Capital Turnover	0.11	0.12	0.13	0.19	0.26	0.12	0.14	0.34	0.50	0.58
Increase / (Decrease) in Invested Capital	-99	109	351	483	251	359	-694	137	440	808
Enterprise Value (EV)	426	797	1,628	1,998	2,290	3,305	4,864	3,740	6,992	18,078
Market Capitalization	450	599	972	888	1,255	1,685	2,524	1,620	4,588	14,771
Book Value per Share	$15.40	$13.91	$12.50	$12.05	$15.33	$12.58	$11.34	$0.19	$1.75	$0.79
Tangible Book Value per Share	$13.28	$11.86	$10.43	$10.18	$13.56	$10.92	$11.02	($0.23)	$1.20	($0.21)
Total Capital	1,557	1,425	1,738	2,269	2,760	3,004	3,626	2,195	2,693	3,522
Total Debt	266	260	703	1,215	1,421	1,905	2,502	2,176	2,517	3,440
Total Long-Term Debt	266	260	703	1,215	1,421	1,905	2,502	2,176	2,517	3,440
Net Debt	-148	86	568	1,054	998	1,597	2,340	2,120	2,404	3,306
Capital Expenditures (CapEx)	260	257	450	684	651	586	567	368	278	187
Debt-free, Cash-free Net Working Capital (DFCFNWC)	62	-7.16	-28	-33	-95	-21	138	177	399	764
Debt-free Net Working Capital (DFNWC)	476	166	65	88	147	140	276	210	490	879
Net Working Capital (NWC)	476	166	65	88	147	140	276	210	490	879
Net Nonoperating Expense (NNE)	11	18	-3.95	38	-254	80	72	271	206	137
Net Nonoperating Obligations (NNO)	-148	86	568	1,032	998	1,597	878	2,120	2,404	3,306
Total Depreciation and Amortization (D&A)	54	68	101	168	210	210	251	402	223	273
Debt-free, Cash-free Net Working Capital to Revenue	45.39%	-4.82%	-15.08%	-9.64%	-16.48%	-7.21%	41.18%	24.94%	34.06%	44.02%
Debt-free Net Working Capital to Revenue	348.53%	111.83%	35.07%	25.68%	25.42%	46.96%	82.36%	29.68%	41.81%	50.65%
Net Working Capital to Revenue	348.53%	111.83%	35.07%	25.68%	25.42%	46.96%	82.36%	29.68%	41.81%	50.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.15)	($0.22)	$0.00	$0.06	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	79.75M	90.10M	90.13M	99.51M	102.29M	102.32M	106.97M	99.42M	99.91M	101.54M
Adjusted Diluted Earnings per Share	($0.15)	($0.22)	$0.00	$0.06	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	79.75M	90.10M	90.13M	99.53M	102.34M	102.32M	106.97M	99.42M	100.43M	101.54M
Adjusted Basic & Diluted Earnings per Share	($0.15)	($0.22)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	90.09M	90.12M	98.47M	100.40M	101.11M	101.86M	117.99M	99.73M	100.25M	102.55M
Normalized Net Operating Profit after Tax (NOPAT)	-14	-18	-22	27	-27	6.67	-39	110	250	155
Normalized NOPAT Margin	-9.96%	-12.08%	-11.93%	7.94%	-4.63%	2.24%	-11.52%	15.53%	21.34%	8.91%
Pre Tax Income Margin	-20.54%	-27.12%	-11.10%	-5.16%	26.29%	-14.57%	-11.84%	-14.87%	15.72%	0.82%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-22.80	-9.72	0.70	0.00	-4.97	-10.78	0.44	2.15	1.07
NOPAT to Interest Expense	0.00	-15.52	-15.38	0.40	0.00	-3.46	-17.98	0.31	2.78	0.61
EBIT Less CapEx to Interest Expense	0.00	-201.09	-264.37	-11.43	0.00	-89.44	-184.88	-1.50	0.43	0.28
NOPAT Less CapEx to Interest Expense	0.00	-193.81	-270.03	-11.74	0.00	-87.92	-192.09	-1.64	1.06	-0.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-284.94%	-248.85%	-431.64%	-704.18%	55.53%	-126.76%	-109.23%	-73.41%	62.20%	1,777.70%
Augmented Payout Ratio	-295.41%	-248.85%	-431.64%	-709.40%	55.53%	-126.76%	-109.23%	-73.41%	62.20%	1,783.85%

This table displays calculated financial ratios and metrics derived from FTAI Aviation's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	145.23%	305.87%	219.24%	144.81%	26.36%	14.02%	11.61%	61.69%	60.01%	59.50%
EBITDA Growth	18.59%	384.85%	313.30%	18.73%	105.48%	-56.01%	26.45%	-164.68%	52.98%	58.66%
EBIT Growth	-57.78%	368.36%	153.90%	101.10%	320.27%	-36.97%	29.87%	-270.80%	78.73%	82.43%
NOPAT Growth	-5,900.25%	499.84%	164.15%	653.50%	103.70%	-18.10%	20.89%	-223.76%	77.07%	-26.48%
Net Income Growth	-140.67%	125.34%	112.80%	460.99%	318.22%	341.63%	34.78%	-501.57%	109.36%	-13.44%
EPS Growth	0.00%	117.24%	0.00%	0.00%	0.00%	450.00%	40.91%	-591.30%	130.30%	0.00%
Operating Cash Flow Growth	-86.07%	100.42%	1,912.32%	156.53%	81.61%	1,802.80%	-100.89%	-756.15%	-16.24%	-442.20%
Free Cash Flow Firm Growth	73.26%	-82.25%	276.27%	287.23%	-86.27%	-310.74%	-135.86%	-151.71%	-75.30%	-178.54%
Invested Capital Growth	-51.48%	6.84%	-43.72%	-41.87%	29.98%	20.58%	32.90%	34.23%	40.49%	31.32%
Revenue Q/Q Growth	105.57%	19.07%	6.72%	-6.28%	6.11%	7.43%	4.46%	35.78%	5.00%	7.09%
EBITDA Q/Q Growth	-42.15%	388.75%	354.97%	19.34%	0.12%	4.63%	383.77%	-161.04%	336.81%	8.51%
EBIT Q/Q Growth	-57.33%	640.54%	476.18%	32.53%	-10.82%	11.07%	448.10%	-274.30%	193.31%	13.37%
NOPAT Q/Q Growth	-12,557.46%	111.84%	478.72%	36.45%	-15.49%	162.50%	204.45%	-239.69%	220.91%	8.99%
Net Income Q/Q Growth	-293.94%	241.59%	9.69%	86.25%	-24.56%	186.54%	-66.52%	-654.92%	139.33%	18.46%
EPS Q/Q Growth	0.00%	0.00%	10.00%	109.09%	-28.26%	233.33%	-71.82%	-829.03%	133.63%	0.00%
Operating Cash Flow Q/Q Growth	154.01%	-97.65%	5,927.57%	-26.24%	73.50%	-75.33%	-102.82%	-54,187.25%	122.15%	-200.77%
Free Cash Flow Firm Q/Q Growth	73.15%	146.55%	1,194.75%	-0.93%	-126.71%	47.34%	-17.27%	-42.85%	9.43%	16.32%
Invested Capital Q/Q Growth	-53.69%	21.88%	-2.09%	5.18%	3.55%	13.07%	7.92%	6.24%	8.38%	5.68%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.35%	53.24%	50.24%	61.90%	59.91%	56.76%	56.29%	53.59%	52.88%	48.33%
EBITDA Margin	31.01%	127.28%	41.96%	53.43%	50.42%	49.10%	47.55%	-21.37%	48.20%	48.84%
Operating Margin	9.25%	83.84%	24.61%	34.66%	29.09%	28.09%	28.45%	-36.65%	32.05%	31.72%
EBIT Margin	8.80%	54.70%	24.61%	34.81%	29.25%	30.24%	28.64%	-36.77%	32.67%	34.59%
Profit (Net Income) Margin	-8.22%	9.77%	10.04%	19.96%	14.19%	37.85%	12.13%	-49.57%	18.57%	20.54%
Tax Burden Percent	-45,069.05%	108.31%	93.55%	96.72%	91.77%	232.20%	87.67%	94.40%	92.19%	94.80%
Interest Burden Percent	0.21%	16.49%	43.61%	59.28%	52.86%	53.90%	48.30%	142.80%	61.64%	62.64%
Effective Tax Rate	9,973.81%	-8.31%	6.45%	3.28%	8.23%	-132.20%	12.33%	0.00%	7.81%	5.20%
Return on Invested Capital (ROIC)	-170.48%	31.06%	7.20%	11.99%	14.98%	32.37%	12.32%	-13.66%	16.68%	17.48%
ROIC Less NNEP Spread (ROIC-NNEP)	4.97%	16.24%	5.67%	10.56%	11.59%	28.58%	10.51%	-17.90%	14.74%	15.82%
Return on Net Nonoperating Assets (RNNOA)	3.94%	42.58%	33.85%	70.53%	13.19%	662.17%	193.14%	-556.46%	363.90%	351.12%
Return on Equity (ROE)	-166.55%	73.64%	41.05%	82.51%	28.17%	694.54%	205.46%	-570.13%	380.58%	368.60%
Cash Return on Invested Capital (CROIC)	63.19%	-3.78%	57.88%	58.39%	-14.82%	0.42%	-17.78%	-30.82%	-33.53%	-22.19%
Operating Return on Assets (OROA)	1.32%	10.63%	6.22%	10.07%	14.24%	13.13%	12.29%	-16.91%	15.88%	17.14%
Return on Assets (ROA)	-1.23%	1.90%	2.54%	5.77%	6.91%	16.43%	5.20%	-22.80%	9.02%	10.18%
Return on Common Equity (ROCE)	-166.18%	73.62%	41.36%	83.47%	28.16%	690.22%	204.47%	-567.67%	379.35%	367.44%
Return on Equity Simple (ROE_SIMPLE)	-19.22%	0.00%	63.73%	101.19%	160.80%	0.00%	143.47%	-29.58%	20.75%	0.00%
Net Operating Profit after Tax (NOPAT)	-2,103	249	67	92	78	204	81	-114	138	150
NOPAT Margin	-912.91%	90.81%	23.02%	33.52%	26.70%	65.23%	24.94%	-25.66%	29.54%	30.07%
Net Nonoperating Expense Percent (NNEP)	-175.45%	14.83%	1.53%	1.43%	3.39%	3.79%	1.81%	4.24%	1.94%	1.67%
Return On Investment Capital (ROIC_SIMPLE)	-	11.35%	-	-	-	7.57%	-	-	-	4.26%
Cost of Revenue to Revenue	41.65%	46.76%	49.76%	38.10%	40.09%	43.24%	43.71%	46.41%	47.12%	51.67%
SG&A Expenses to Revenue	13.35%	10.93%	10.11%	12.23%	14.25%	11.92%	10.38%	8.03%	6.63%	7.65%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	49.10%	-30.60%	25.62%	27.24%	30.81%	28.67%	27.84%	90.25%	20.83%	16.62%
Earnings before Interest and Taxes (EBIT)	20	150	72	95	85	95	94	-163	152	173
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	71	349	123	147	147	154	155	-95	225	244
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.92	85.79	36.68	33.92	36.80	26.19	38.13	149.10	114.76	181.80
Price to Tangible Book Value (P/TBV)	0.93	0.00	96.78	66.79	65.56	38.24	53.67	457.08	278.14	0.00
Price to Revenue (P/Rev)	3.27	2.29	2.97	2.87	3.07	3.92	5.60	7.53	8.77	8.51
Price to Earnings (P/E)	0.00	0.00	86.51	46.53	28.51	21.64	30.57	0.00	0.00	0.00
Dividend Yield	8.37%	9.14%	5.57%	4.96%	4.30%	2.62%	1.78%	1.16%	0.90%	0.83%
Earnings Yield	0.00%	0.00%	1.16%	2.15%	3.51%	4.62%	3.27%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.91	1.75	2.25	2.36	2.48	2.71	3.36	4.48	5.20	5.34
Enterprise Value to Revenue (EV/Rev)	3.20	5.28	5.19	4.84	5.00	5.97	7.76	9.63	10.76	10.42
Enterprise Value to EBITDA (EV/EBITDA)	7.66	7.69	13.70	14.11	12.78	12.27	21.23	66.45	60.19	34.19
Enterprise Value to EBIT (EV/EBIT)	0.00	44.47	39.14	30.79	24.26	20.14	45.15	0.00	1,068.79	70.84
Enterprise Value to NOPAT (EV/NOPAT)	0.00	63.68	84.04	31.89	24.94	15.54	36.61	0.00	4,078.05	124.05
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	292.97	54.57	48.26	54.21	103.99	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.94	0.00	2.80	2.97	0.00	711.02	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	112.14	28.34	23.80	23.98	14.31	15.17	44.24	27.15	42.28
Long-Term Debt to Equity	0.00	112.14	28.34	23.80	23.98	14.31	15.17	44.24	27.15	42.28
Financial Leverage	0.79	2.62	5.97	6.68	1.14	23.17	18.38	31.08	24.69	22.20
Leverage Ratio	2.24	6.38	8.62	9.49	2.46	27.62	22.31	37.14	29.84	27.22
Compound Leverage Factor	0.00	1.05	3.76	5.63	1.30	14.89	10.78	53.03	18.39	17.05
Debt to Total Capital	0.00%	99.12%	96.59%	95.97%	96.00%	93.47%	93.81%	97.79%	96.45%	97.69%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	99.12%	96.59%	95.97%	96.00%	93.47%	93.81%	97.79%	96.45%	97.69%
Preferred Equity to Total Capital	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	0.86%	3.38%	4.01%	3.98%	6.50%	6.16%	2.21%	3.55%	2.31%
Debt to EBITDA	0.00	4.47	6.10	5.91	5.14	4.42	6.11	15.45	11.62	6.51
Net Debt to EBITDA	0.00	4.36	5.86	5.74	4.93	4.22	5.92	14.50	11.15	6.25
Long-Term Debt to EBITDA	0.00	4.47	6.10	5.91	5.14	4.42	6.11	15.45	11.62	6.51
Debt to NOPAT	0.00	37.04	37.41	13.35	10.04	5.59	10.54	-74.84	787.27	23.61
Net Debt to NOPAT	0.00	36.10	35.96	12.97	9.63	5.34	10.20	-70.23	755.14	22.69
Long-Term Debt to NOPAT	0.00	37.04	37.41	13.35	10.04	5.59	10.54	-74.84	787.27	23.61
Altman Z-Score	5.28	0.81	1.12	1.33	1.40	1.65	1.96	2.17	2.92	3.05
Noncontrolling Interest Sharing Ratio	0.22%	0.03%	-0.77%	-1.16%	0.03%	0.62%	0.48%	0.43%	0.32%	0.31%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.19	3.43	3.69	5.15	4.01	3.69	3.94	5.41	3.91	3.53
Quick Ratio	2.23	1.54	1.85	2.24	1.48	1.13	1.46	2.51	1.41	0.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-241	112	1,695	1,679	-449	-236	-608	-868	-786	-658
Operating Cash Flow to CapEx	13.29%	0.00%	0.00%	36.02%	54.89%	9.17%	-0.23%	0.00%	0.00%	-39.86%
Free Cash Flow to Firm to Interest Expense	-12.12	0.00	43.13	43.61	-11.16	-5.41	-12.74	-12.56	-13.57	-10.27
Operating Cash Flow to Interest Expense	1.37	0.00	0.98	0.74	1.23	0.28	-0.01	-2.71	0.72	-0.65
Operating Cash Flow Less CapEx to Interest Expense	-8.96	0.00	1.61	-1.32	-1.01	-2.77	-3.15	-2.06	1.11	-2.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.15	0.19	0.25	0.29	0.49	0.43	0.43	0.46	0.49	0.50
Accounts Receivable Turnover	3.48	6.31	0.00	0.00	11.88	10.91	9.60	0.00	11.30	13.05
Inventory Turnover	0.00	1.88	0.00	0.00	2.28	2.09	1.86	1.98	1.84	1.90
Fixed Asset Turnover	0.00	0.00	1.14	1.30	0.00	42.43	43.38	60.80	26.46	22.73
Accounts Payable Turnover	1.07	2.86	2.60	2.85	7.31	7.84	4.09	5.76	4.61	14.92
Days Sales Outstanding (DSO)	104.97	57.80	0.00	0.00	30.73	33.45	38.01	0.00	32.31	27.98
Days Inventory Outstanding (DIO)	0.00	193.96	0.00	0.00	160.27	174.57	196.75	183.94	198.70	191.76
Days Payable Outstanding (DPO)	339.92	127.47	140.40	128.09	49.96	46.54	89.31	63.35	79.20	24.46
Cash Conversion Cycle (CCC)	-234.96	124.29	-140.40	-128.09	141.04	161.48	145.46	120.59	151.81	195.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,755	2,140	2,095	2,203	2,282	2,580	2,784	2,958	3,206	3,388
Invested Capital Turnover	0.19	0.34	0.31	0.36	0.56	0.50	0.49	0.53	0.56	0.58
Increase / (Decrease) in Invested Capital	-1,862	137	-1,627	-1,587	526	440	689	754	924	808
Enterprise Value (EV)	1,603	3,740	4,722	5,192	5,666	6,992	9,353	13,237	16,671	18,078
Market Capitalization	1,641	1,620	2,700	3,079	3,478	4,588	6,746	10,348	13,584	14,771
Book Value per Share	$18.04	$0.19	$0.74	$0.91	$0.95	$1.75	$1.76	$0.69	$1.16	$0.79
Tangible Book Value per Share	$17.75	($0.23)	$0.28	$0.46	$0.53	$1.20	$1.25	$0.23	$0.48	($0.21)
Total Capital	1,793	2,195	2,176	2,264	2,374	2,693	2,871	3,147	3,337	3,522
Total Debt	0.00	2,176	2,102	2,173	2,279	2,517	2,694	3,078	3,218	3,440
Total Long-Term Debt	0.00	2,176	2,102	2,173	2,279	2,517	2,694	3,078	3,218	3,440
Net Debt	-38	2,120	2,021	2,112	2,187	2,404	2,606	2,888	3,087	3,306
Capital Expenditures (CapEx)	205	-126	-25	79	90	133	150	-45	-23	105
Debt-free, Cash-free Net Working Capital (DFCFNWC)	189	177	201	270	274	399	344	399	461	764
Debt-free Net Working Capital (DFNWC)	227	210	282	331	327	490	409	568	573	879
Net Working Capital (NWC)	227	210	282	331	327	490	409	568	573	879
Net Nonoperating Expense (NNE)	-2,084	222	38	37	36	86	42	106	51	48
Net Nonoperating Obligations (NNO)	-38	2,120	2,021	2,112	2,187	2,404	2,606	2,888	3,087	3,306
Total Depreciation and Amortization (D&A)	51	199	51	51	62	59	62	68	72	71
Debt-free, Cash-free Net Working Capital to Revenue	37.64%	24.94%	22.13%	25.18%	24.20%	34.06%	28.52%	29.01%	29.74%	44.02%
Debt-free Net Working Capital to Revenue	45.19%	29.68%	31.06%	30.86%	28.87%	41.81%	33.93%	41.34%	36.97%	50.65%
Net Working Capital to Revenue	45.19%	29.68%	31.06%	30.86%	28.87%	41.81%	33.93%	41.34%	36.97%	50.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.20	$0.00	$0.00	$0.00	$1.10	$0.31	($2.26)	$0.76	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	99.42M	99.73M	99.73M	99.93M	99.91M	100.25M	100.96M	102.38M	101.54M
Adjusted Diluted Earnings per Share	$0.00	$0.20	$0.00	$0.00	$0.00	$1.10	$0.31	($2.26)	$0.76	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	99.42M	100.97M	100.46M	100.48M	100.43M	100.96M	100.96M	103.40M	101.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.20	$0.00	$0.00	$0.00	$1.10	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	99.73M	99.73M	99.74M	100.24M	100.25M	100.25M	102.21M	102.55M	102.55M
Normalized Net Operating Profit after Tax (NOPAT)	20	171	72	95	82	66	88	-108	146	158
Normalized NOPAT Margin	8.70%	62.24%	24.46%	34.46%	28.04%	20.99%	26.86%	-24.39%	31.39%	31.73%
Pre Tax Income Margin	0.02%	9.02%	10.73%	20.63%	15.46%	16.30%	13.83%	-52.50%	20.14%	21.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.02	0.00	1.83	2.48	2.12	2.17	1.96	-2.36	2.63	2.69
NOPAT to Interest Expense	-105.89	0.00	1.72	2.39	1.93	4.67	1.71	-1.65	2.38	2.34
EBIT Less CapEx to Interest Expense	-9.31	0.00	2.46	0.42	-0.13	-0.89	-1.18	-1.71	3.02	1.06
NOPAT Less CapEx to Interest Expense	-116.22	0.00	2.34	0.33	-0.31	1.62	-1.43	-1.00	2.77	0.70
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-33.88%	-73.41%	324.94%	164.36%	98.46%	62.20%	60.36%	-748.37%	629.28%	1,777.70%
Augmented Payout Ratio	-33.88%	-73.41%	324.94%	164.36%	98.46%	62.20%	60.36%	-748.37%	629.28%	1,783.85%

Frequently Asked Questions About FTAI Aviation's Financials

When does FTAI Aviation's financial year end?

According to the most recent income statement we have on file, FTAI Aviation's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has FTAI Aviation's net income changed over the last 9 years?

FTAI Aviation's net income appears to be on a downward trend, with a most recent value of $8.68 million in 2024, falling from -$28.63 million in 2015. The previous period was $243.82 million in 2023.

What is FTAI Aviation's operating income?

FTAI Aviation's total operating income in 2024 was $237.83 million, based on the following breakdown:

Total Gross Profit: $909.02 million
Total Operating Expenses: $671.19 million

How has FTAI Aviation revenue changed over the last 9 years?

Over the last 9 years, FTAI Aviation's total revenue changed from $136.57 million in 2015 to $1.73 billion in 2024, a change of 1,170.4%.

How much debt does FTAI Aviation have?

FTAI Aviation's total liabilities were at $3.96 billion at the end of 2024, a 41.9% increase from 2023, and a 1,017.3% increase since 2015.

How much cash does FTAI Aviation have?

In the past 9 years, FTAI Aviation's cash and equivalents has ranged from $33.57 million in 2022 to $381.70 million in 2015, and is currently $115.12 million as of their latest financial filing in 2024.

How has FTAI Aviation's book value per share changed over the last 9 years?

Over the last 9 years, FTAI Aviation's book value per share changed from 15.40 in 2015 to 0.79 in 2024, a change of -94.9%.

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This page (NASDAQ:FTAIO) was last updated on 4/26/2025 by MarketBeat.com Staff

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FTAI Aviation (FTAIO) Financials

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FTAI Aviation (FTAIO) Financials

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