Saturday 17 October 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. In the quarter to June 2026, revenue grew 52.7%, EPS fell 93.2%, free cash flow grew 49.3% and total debt fell 10.4%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five; insiders bought in the last twelve months.
2.42
0.14
−5.47%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 2.22 | 2.35 | 3.42 | 3.10 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | 4.25 | 4.43 | 10.46 | 8.53 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 690 | 700 | 670 | 420 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.00 | 0.38 | 0.46 | 0.49 | 1.20 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 229 | 69 | 120 | 262 | 320 | 331 | 503 | ||||
| Gross margin, % | — | — | — | (35.36) | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | — | — | — | 3 | (74) | (110) | (183) | (157) | (263) | (155) | |||||
| EBT margin, % | — | — | — | 1.41 | (107.50) | (91.48) | (69.88) | (49.08) | (79.26) | (30.92) | |||||
| Net income | — | — | — | 6 | (72) | (106) | (188) | (160) | (266) | (152) | |||||
| Depreciation | — | — | — | 33 | 33 | 57 | 77 | 93 | 94 | 167 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 2.31 | 0.69 | 1.21 | 2.55 | 3.11 | 3.06 | 4.36 | ||||
| Earnings | — | — | — | 0.06 | (0.72) | (1.07) | (1.73) | (1.78) | (2.75) | (2.24) | |||||
| Cash flow | — | — | — | (0.53) | (0.47) | (0.62) | (0.42) | 0.05 | (0.14) | (1.02) | |||||
| Capex | — | — | — | 0.00 | (2.49) | (1.37) | (2.04) | (0.97) | (0.72) | (2.42) | |||||
| Free cash flow | — | — | — | (0.53) | (2.96) | (1.99) | (2.46) | (0.91) | (0.86) | (3.44) | |||||
| Book value | — | — | — | 0.00 | 0.00 | 14.71 | 5.11 | 4.01 | 0.69 | (1.27) | |||||
| Shares, m | — | — | — | 99 | 99 | 99 | 103 | 103 | 108 | 115 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 1.82 | 1.82 | 1.82 | 1.16 | 1.23 | 2.37 | 1.06 | |||||
| P/B | — | — | — | 0.22 | 0.22 | 0.22 | 0.58 | 0.95 | 10.46 | 0.00 | |||||
| EV/Sales | — | — | — | 4.76 | 4.76 | 4.76 | 5.31 | 5.16 | 6.72 | 7.92 | |||||
| EV/FCF | — | — | — | (3.38) | (3.38) | (3.38) | (5.51) | (17.59) | (23.83) | (10.04) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (53) | (47) | (62) | (43) | 6 | (15) | (118) | ||||
| Capex | — | — | — | (323) | (248) | (136) | (210) | (100) | (78) | (278) | |||||
| Free cash flow | — | — | — | (53) | (294) | (198) | (253) | (94) | (93) | (396) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 3 | 284 | 118 | 35 | (31) | 74 | ||||
| Total debt | — | — | — | — | 339 | 722 | 1,237 | 1,341 | 1,588 | 3,774 | |||||
| Net debt | — | — | — | — | 284 | 420 | 1,088 | 1,253 | 1,441 | 3,448 | |||||
| Shareholders’ equity | — | — | — | — | — | 1,462 | 525 | 413 | 75 | (146) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | 0.00 | (6.54) | (7.20) | (7.56) | (12.39) | (6.41) | ||||
| ROIC | — | — | — | — | (12.15) | (2.38) | (2.23) | (1.66) | (4.10) | 0.15 | |||||
| ROE | — | — | — | 0.00 | 0.00 | (6.56) | (17.84) | (39.19) | (120.68) | 732.52 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| MATW Matthews International Corporation | $601.8M | — (loss-making) | 27.7× | −29.58% (below 0%: shrinking) | n/m | +73.67% (above 0%: growing) | 35.85% | (5.37%) | Compare |
| TRC Tejon Ranch Co | $447.5M | 72.3× | 175× | +71.65% (above 0%: growing) | n/m | +64.09% (above 0%: growing) | 22.35% | 2.44% | Compare |
| TMS Live Oak Acquisition Corp. V | $402.5M | — (loss-making) | — | — | n/m | −1,236.38% (below 0%: shrinking) | 41.31% | 2.01% | Compare |
| BOC Boston Omaha Corporation | $383.5M | — (loss-making) | — (loss-making) | +2.40% (above 0%: growing) | n/m | +158.12% (above 0%: growing) | 44.46% | (2.72%) | Compare |
| NNBR NN, Inc. | $327.2M | — (loss-making) | — (loss-making) | +19.29% (above 0%: growing) | n/m | +466.92% (above 0%: growing) | 16.99% | 0.78% | Compare |
| FIP FTAI Infrastructure Inc. | $302.6M | — (loss-making) | — (loss-making) | +52.73% (above 0%: growing) | n/m | +49.28% (above 0%: growing) | 100.00% | (24.97%) | |
| RCMT RCM Technologies, Inc. | $271.7M | 16.2× | 10.5× | +20.02% (above 0%: growing) | +38.00% (above 0%: growing) | +228.92% (above 0%: growing) | 25.67% | 8.48% | Compare |
| MAMK MaxsMaking Inc. | $216.1M | — | — | — | — | — | — | — | Compare |
| TUSK Mammoth Energy Services, Inc. | $130.4M | 135× | 5.4× | +110.91% (above 0%: growing) | n/m | −13.10% (below 0%: shrinking) | 26.30% | 10.09% | Compare |
| Median of peers | $355.3M | 72.3× | 19.1× | +19.66% | — | +73.67% | 26.30% | 2.01% |
FTAI Infrastructure Inc. (FIP) key facts
- Strength: FTAI Infrastructure Inc.’s revenue for fiscal 2025 (year ended December 2025) was $502.5 million, up 51.6% from fiscal 2024.
- FTAI Infrastructure Inc. (FIP) is a Conglomerates company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, FIP traded at $2.42, a market capitalization of $302.6 million.
- FTAI Infrastructure Inc. pays an annual dividend of $0.12 per share, a yield of 4.96%.
- Return on equity was 732.5% and debt-to-equity -5.33.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.04 (distress zone) for fiscal 2025.