FTAI Infrastructure Inc.

FIP Industrials Conglomerates

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%
Market cap
$347.5M
P/E
0.0×
Fwd P/E
−0.8×
Dividend yield
4.08%
F-score
3/9
Altman Z
0.04
Beneish M
−1.92
Dividend safety
8/100

Insider Decisions last twelve months

Bought, $m 0.05
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 8.06%

Capital & Financial Ratios $m

Size
Market Cap 347.45
Revenue ttm 659.21
Net income ttm (468.91)
Free cash flow ttm (309.25)
Net debt Q 2,591.14
Valuation
P/E 0.00
Forward P/E (0.75) (negative: loss-making)
Price / sales 0.53
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.28 (below 1: weak)
Debt / equity Q (5.33) (negative: negative equity)
Interest coverage Q (0.44)
Growth
Revenue growth Q +52.73% (above 0%: growing)
Operating income growth Q −586.43% (below 0%: shrinking)
EPS, this year −66.48% (below 0%: weak)
EPS, next year A +73.75% (at or above 15%: strong)
Revenue, next year A +45.33% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +48.30% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 2.96%
10-year low 10-year high
EV/Sales against its own 10 years 3.70%
10-year low 10-year high

Dividends

Yield
4.08%
Annual rate
0.12
Payout ratio
—
Growth, 2022–25
+58.7%/yr
  1. 0.03 ’22
  2. 0.12 ’23 +300
  3. 0.12 ’24 +0
  4. 0.12 ’25 +0
  5. 0.12 ’26e +0
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 87 147 326 173
Receivables 56 53 95 90
Inventory — — — —
Other 42 20 63 105
186 220 484 368
2023 2024 2025 Q'26
Payables 131 176 281 237
ST’ Debt — 49 65 477
Other 13 19 55 610
151 251 410 1,334

Compound Annual Growth %

10y 5y 3y
Sales — 48.94% 24.25%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 (1.32) (1.41) — — —
’25 0.89 (0.73) (1.38) (1.08) (2.26)
’24 (0.54) (0.52) (0.45) (1.24) (2.75)
’23 (0.40) (0.38) (0.55) (0.47) (1.79)
’22 (0.51) (0.30) (0.43) (0.59) (1.73)
’21 — (0.32) (0.35) — (0.80)
’20 — — — — (0.56)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 188 187 — — —
’25 96 122 141 144 503
’24 83 85 83 81 331
’23 76 82 81 81 320
’22 46 66 79 71 262
’21 — 15 37 — 120
’20 — — — — 69
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (69) 39 — — —
’25 (86) (5) (24) (3) (118)
’24 (4) (18) 14 (8) (15)
’23 (12) (5) 15 8 6
’22 (14) (41) 18 (5) (43)
’21 — (58) (12) 8 (62)
’20 — — — (47) (47)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (107) (43) — — —
’25 (152) (86) (90) (69) (396)
’24 (17) (33) (8) (35) (93)
’23 (52) (30) 2 (14) (94)
’22 (64) (101) (39) (48) (253)
’21 — (132) (36) (31) (198)
’20 — — — (294) (294)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 29 Conglomerates stocks →

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

FTAI Infrastructure Inc. (FIP) Latest News

7 Oct

5 Oct

30 Sep

Impact 3 · · StockStory

29 Sep

Impact 4 · · offshore-technology.com

12 Aug

Impact 4 · · The Motley Fool transcript

8 May

Impact 4 · · MarketBeat

1 May

Impact 5 · · power-technology.com

24 Mar

27 Feb

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
stockrow.com/FIP · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com