Friday 6 November 2026
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FTAI Infrastructure Inc.
FTAI Infrastructure Inc.’s revenue for fiscal 2025 (year ended December 2025) was $502.5 million, up 51.6% from fiscal 2024.
- Revenue
- +52.7%
- EPS
- −93.2%
- Free cash flow
- +49.3%
- Total debt
- −10.4%
Quarter to June 2026, against a year earlier
2.94
0.19
+6.91%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 229 | 69 | 120 | 262 | 320 | 331 | 503 | 659 | +14.0% | 730 | 890 | 1,175 | +32.7% | |
| Gross margin, % | — | — | — | (35.36) | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | +135.4 pt | ||||||
| EBT | — | — | — | 3 | (74) | (110) | (183) | (157) | (263) | (155) | (440) | n/m | ||||||
| EBT margin, % | — | — | — | 1.41 | (107.50) | (91.48) | (69.88) | (49.08) | (79.26) | (30.92) | (66.70) | (32.3) pt | ||||||
| Net income | — | — | — | 6 | (72) | (106) | (188) | (160) | (266) | (152) | (469) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 2.31 | 0.69 | 1.21 | 2.55 | 3.11 | 3.06 | 4.36 | 5.58 | +11.1% | |||||
| Earnings | — | — | — | 0.06 | (0.56) | (0.80) | (1.73) | (1.78) | (2.75) | (2.24) | (5.17) | n/m | ||||||
| Cash flow | — | — | — | (0.53) | (0.47) | (0.62) | (0.42) | 0.05 | (0.14) | (1.02) | (0.49) | +11.6% | ||||||
| Capex | — | — | — | 0.00 | (2.49) | (1.37) | (2.04) | (0.97) | (0.72) | (2.42) | (2.13) | n/m | ||||||
| Free cash flow | — | — | — | (0.53) | (2.96) | (1.99) | (2.46) | (0.91) | (0.86) | (3.44) | (2.62) | +36.5% | ||||||
| Book value | — | — | — | 0.00 | 0.00 | 14.71 | 5.11 | 4.01 | 0.69 | (1.27) | (4.39) | n/m | ||||||
| Shares, m | — | — | — | 99 | 99 | 99 | 103 | 103 | 108 | 115 | 116 | +2.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | 1.82 | 1.82 | 1.82 | 1.16 | 1.23 | 2.37 | 1.06 | 0.53 | 1.6 | ||||||
| P/B | — | — | — | 0.22 | 0.22 | 0.22 | 0.58 | 0.95 | 10.46 | 0.00 | 0.00 | 1.8 | ||||||
| EV/Sales | — | — | — | 4.76 | 4.76 | 4.76 | 5.31 | 5.16 | 6.72 | 7.92 | 4.46 | 5.6 | ||||||
| EV/FCF | — | — | — | (3.38) | (3.38) | (3.38) | (5.51) | (17.59) | (23.83) | (10.04) | (9.50) | (9.6) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (53) | (47) | (62) | (43) | 6 | (15) | (118) | (57) | +14.4% | |||||
| Capex | — | — | — | (323) | (248) | (136) | (210) | (100) | (78) | (278) | (252) | (2.4%) | ||||||
| Free cash flow | — | — | — | (53) | (294) | (198) | (253) | (94) | (93) | (396) | (309) | +40.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 3 | 284 | 118 | 35 | (31) | 74 | (966) | +89.9% | |||||
| Net debt | — | — | — | — | 284 | 420 | 1,088 | 1,253 | 1,441 | 3,448 | 2,591 | +64.8% | ||||||
| Shareholders’ equity | — | — | — | — | — | 1,462 | 525 | 413 | 75 | (146) | (519) | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | 0.00 | (6.54) | (7.20) | (7.56) | (12.39) | (6.41) | (11.80) | (6.4) pt | |||||
| ROIC | — | — | — | — | (12.15) | (2.38) | (2.23) | (1.66) | (4.10) | 0.15 | (0.66) | +12.3 pt | ||||||
| ROE | — | — | — | 0.00 | 0.00 | (6.56) | (17.84) | (39.19) | (120.68) | 732.52 | 408.90 | +732.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 690 | 700 | 670 | 420 | — | (15.3%) | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.00 | 0.38 | 0.46 | 0.49 | 1.20 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
FTAI Infrastructure Inc. vs peers in Conglomerates (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CRESY Cresud S.A.C.I.F. y A. | $640.5M | 4.9× | — | +22.29% (above 0%: growing) | −57.51% (below 0%: shrinking) | −87.57% (below 0%: shrinking) | 37.44% | 49.66% | Compare |
| MATW Matthews International Corporation | $618.0M | — (loss-making) | — (loss-making) | −29.58% (below 0%: shrinking) | n/m | +73.67% (above 0%: growing) | 35.85% | (5.37%) | Compare |
| TRC Tejon Ranch Co | $453.7M | 58.5× | 91.0× | +88.92% (above 0%: growing) | +100.00% (above 0%: growing) | +118.12% (above 0%: growing) | 0.00% | 10.49% | Compare |
| BOC Boston Omaha Corporation | $421.2M | — (loss-making) | — (loss-making) | +2.40% (above 0%: growing) | n/m | +135.51% (above 0%: growing) | 44.46% | (2.72%) | Compare |
| FIP FTAI Infrastructure Inc. | $347.5M | — (loss-making) | — (loss-making) | +52.73% (above 0%: growing) | n/m | +49.28% (above 0%: growing) | 100.00% | (24.97%) | |
| NNBR NN, Inc. | $250.3M | — (loss-making) | — (loss-making) | +26.20% (above 0%: growing) | n/m | −114.17% (below 0%: shrinking) | 13.94% | (2.53%) | Compare |
| RCMT RCM Technologies, Inc. | $226.3M | 13.8× | 15.4× | +20.02% (above 0%: growing) | +38.00% (above 0%: growing) | +228.92% (above 0%: growing) | 25.67% | 8.48% | Compare |
| BOOM DMC Global | $144.9M | — (loss-making) | 30.2× | +14.05% (above 0%: growing) | n/m | +2.19% (above 0%: growing) | 26.87% | 8.39% | Compare |
| TUSK Mammoth Energy Services, Inc. | $143.4M | 10.1× | 5.4× | +96.70% (above 0%: growing) | n/m | −152.84% (below 0%: shrinking) | 46.65% | (1.97%) | Compare |
| Median of peers | $335.7M | 11.9× | 22.8× | +21.16% | +38.00% | +37.93% | 31.36% | 3.21% |
Pay and ownership Proxy statement filed 20 April 2026
Ownership
Directors and executive officers, together
2.60%
GCM Grosvenor
14.70%
The Washington State Investment Board
11.90%
Wellington Management Group LLP
10.10%
BlackRock, Inc.
6.70%
Steven D. Lebowitz
5.80%
Frontier Capital Management Co., LLC
5.70%
The Vanguard Group
5.50%
AllianceBernstein L.P.
5.40%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement