Saturday 17 October 2026
Export FTAI’s income statement to Excel — free account
FTAI Aviation Ltd.
FTAI Industrials Aerospace & Defense
FTAI Aviation Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 44.5% from fiscal 2024. In the quarter to June 2026, revenue grew 40.9%, EPS fell 27.2% and free cash flow fell 349.6%, 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.
164.46
4.10
−2.43%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 204.17 | 6.42 | 0.00 | 0.00 | 0.00 | 21.28 | 0.00 | 42.24 |
Piotroski F-Score |
4 | 6 | 5 | 6 | 3 | 3 | 2 | 6 | 1 | 5 |
Altman Z-Score |
1.27 | 0.51 | 0.02 | 0.29 | (0.05) | (0.14) | (0.51) | 1.93 | 3.06 | 4.69 |
P/S ratio |
5.93 | 6.95 | 3.00 | 2.48 | 5.78 | 6.62 | 2.50 | 3.87 | 8.43 | 8.05 |
Altman Z″-Score (non-manufacturers) |
2.46 | (1.06) | (2.12) | (1.56) | (2.83) | (2.81) | (6.11) | 1.83 | 1.75 | 4.01 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.04 |
Beneish M-Score |
(2.69) | (2.84) | (2.12) | (2.07) | (0.98) | (1.09) | (2.47) | (1.80) | (6.42) | (0.80) |
P/Operating CF |
57.89 | 80.14 | 21.67 | 24.60 | 49.63 | (14.43) | 2,762.73 | 370.73 | (349.87) | (112.74) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 64 |
P/B ratio |
0.76 | 1.24 | 0.97 | 1.07 | 1.57 | 1.98 | 92.05 | 25.77 | 180.01 | 60.43 |
Price to Tangible BV |
0.87 | 1.46 | 1.14 | 1.21 | 1.80 | 2.03 | 0.00 | 37.58 | 0.00 | 91.79 |
EV/Sales |
5.04 | 6.45 | 2.64 | 4.26 | 11.74 | 15.69 | 5.50 | 5.74 | 10.35 | 9.31 |
EV/EBITDA |
13.57 | 11.99 | 4.51 | 9.76 | 13.29 | 16.31 | 10.04 | 11.95 | 36.44 | 22.86 |
EV/Operating CF |
24.23 | 17.43 | 6.76 | 16.32 | 55.44 | (238.93) | (188.63) | 52.08 | (95.51) | (75.10) |
EV/FCF |
(3.60) | (3.01) | (1.61) | (4.93) | (7.79) | (8.60) | (9.28) | (39.51) | (48.25) | 32.42 |
Quick Ratio |
0.52 | 0.16 | 0.13 | 0.19 | 0.13 | 0.10 | 0.07 | 1.13 | 0.77 | 1.28 |
Current Ratio |
0.52 | 0.16 | 0.13 | 0.19 | 0.13 | 0.10 | 0.07 | 3.69 | 3.53 | 5.28 |
Net Debt/EBITDA |
2.13 | 6.05 | 5.22 | 4.08 | 6.75 | 7.01 | 8.29 | (0.16) | 6.75 | 3.08 |
Debt/Assets |
16.22% | 35.54% | 44.19% | 39.33% | 57.17% | 49.36% | 89.56% | 0.00% | 85.20% | 78.85% |
Debt/Equity |
0.22 | 0.67 | 1.11 | 0.95 | 1.76 | 2.14 | 112.15 | 0.00 | 42.28 | 10.32 |
Asset Turnover |
0.09 | 0.11 | 0.15 | 0.20 | 0.09 | 0.08 | 0.19 | 0.43 | 0.50 | 0.60 |
Operating CF/Net income |
(1.54) | 511.17 | 22.73 | 0.68 | (0.60) | 0.17 | 0.09 | 0.61 | 5.86 | (0.65) |
Capex/Depreciation |
(3.51) | (4.58) | (4.13) | (3.10) | (2.44) | (2.35) | (1.60) | (1.34) | (0.67) | 3.67 |
Interest Coverage |
(0.69) | (0.03) | 0.56 | 0.45 | 0.61 | 0.46 | 0.04 | 2.10 | 0.99 | 2.99 |
| (1.63%) | 0.01% | 0.56% | 18.66% | (8.62%) | (11.60%) | (38.55%) | 217.47% | (24.97%) | 229.92% | |
| (1.26%) | 0.01% | 0.26% | 7.60% | (3.17%) | (3.13%) | (6.04%) | 7.86% | (0.92%) | 11.35% | |
ROIC |
(1.56%) | (1.48%) | (0.75%) | (1.39%) | (0.75%) | (1.54%) | 0.20% | 130.71% | (0.05%) | 8.86% |
Return on Tangible Assets |
(2.06%) | 0.01% | 0.62% | 19.16% | (12.58%) | 29.89% | 118.41% | 8.26% | (0.95%) | 14.13% |
Average Days of Receivables |
52.42 | 61.29 | 49.52 | 31.20 | 112.33 | 135.87 | 51.24 | 35.90 | 31.73 | 30.56 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
19.54% | 16.37% | 9.07% | 9.15% | 6.56% | 4.21% | 2.50% | 2.71% | 1.31% | 0.38% |
Intangible Assets out of Total Assets |
0.10 | 0.08 | 0.06 | 0.05 | 0.04 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 |
Share Based Compensation of Revenue |
(2.47%) | 0.73% | 0.26% | 1.45% | 0.78% | 1.20% | 0.37% | 0.14% | 0.35% | 0.87% |
Graham Net Nets |
(0.26) | (0.62) | (1.38) | (1.12) | (1.18) | (1.57) | (1.27) | (0.47) | (0.19) | (0.10) |
Graham Number |
0.00 | 0.00 | 4.12 | 30.18 | 0.00 | 0.00 | 0.00 | 9.18 | 0.00 | 18.48 |
Earnings Yield |
(2.32%) | 0.00% | 0.49% | 15.58% | (6.04%) | (5.84%) | (12.39%) | 4.70% | (0.24%) | 2.37% |
Free Cash Flow Yield |
(23.60%) | (30.78%) | (54.80%) | (34.81%) | (26.07%) | (27.58%) | (23.68%) | (3.75%) | (2.54%) | 3.57% |
Revenue per Share |
1.96 | 2.44 | 4.09 | 6.73 | 3.46 | 3.73 | 7.13 | 11.72 | 17.09 | 24.45 |
Operating CF per Share |
0.41 | 0.90 | 1.60 | 1.76 | 0.73 | (0.25) | (0.21) | 1.29 | (1.85) | (3.03) |
Capex per Share |
(3.16) | (6.08) | (8.31) | (7.57) | (5.96) | (6.57) | (4.02) | (2.99) | (1.81) | 10.00 |
Free Cash Flow per Share |
(2.75) | (5.18) | (6.71) | (5.81) | (5.22) | (6.81) | (4.23) | (1.70) | (3.66) | 6.97 |
Cash per Share |
1.76 | 1.22 | 1.44 | 2.82 | 1.88 | 1.54 | 0.53 | 0.91 | 1.13 | 2.93 |
Shareholders Equity per Share |
15.39 | 13.66 | 12.60 | 15.57 | 12.78 | 12.50 | 0.20 | 1.76 | 0.80 | 3.26 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
15.39 | 13.66 | 12.60 | 15.57 | 12.78 | 12.50 | 0.20 | 1.76 | 0.80 | 3.26 |
Free Cash Flow |
(208.26) | (392.27) | (561.56) | (499.64) | (449.16) | (612.60) | (420.08) | (170.02) | (372.07) | 715.21 |
Working Capital |
(142.90) | (647.61) | (1,148.52) | (1,273.80) | (1,764.84) | (2,325.49) | (2,109.67) | 489.59 | 878.77 | 1,712.65 |
Capital Expenditures |
(239.16) | (460.77) | (695.26) | (650.68) | (512.26) | (590.55) | (399.43) | (299.01) | (184.11) | 1,025.95 |
Net Current Asset Value |
(226.78) | (796.85) | (1,417.74) | (1,606.08) | (2,035.55) | (3,476.62) | (2,257.67) | (2,117.37) | (2,730.57) | (1,927.06) |
EV/EBIT |
0.00 | 0.00 | 28.41 | 57.52 | 65.85 | 73.75 | 582.19 | 19.78 | 81.92 | 31.48 |
Capex to Sales |
1.61 | 2.49 | 2.03 | 1.12 | 1.72 | 1.76 | 0.56 | 0.26 | 0.11 | (0.41) |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 265.00 | 25.44 | 0.00 | 40.91 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.06 | 0.06 | 0.08 | 0.09 | 0.08 | 0.13 | 0.13 | 0.11 | 0.11 | 0.17 |
Cash ROIC |
(13.43%) | (21.52%) | (23.99%) | (17.50%) | (14.05%) | (16.72%) | (18.68%) | (63.77%) | (10.23%) | 17.51% |
Accounts Receivable Turnover |
8.30 | 7.06 | 8.83 | 12.07 | 4.22 | 3.10 | 6.31 | 10.91 | 13.05 | 13.90 |
Accounts Payable Turnover |
1.81 | 1.17 | 1.64 | 2.38 | 2.21 | 0.14 | 2.86 | 7.84 | 14.92 | 9.73 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.88 | 2.09 | 1.90 | 1.55 |
Average Days of Payables |
210.93 | 398.96 | 265.48 | 181.33 | 144.62 | 2,220.28 | 127.04 | 30.23 | 30.55 | 56.31 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,551.02 | 241.00 | 230.16 | 243.58 | 322.83 |
Average Receivables |
17.91 | 26.22 | 38.75 | 47.94 | 70.58 | 108.31 | 112.18 | 107.30 | 132.99 | 180.37 |
Average Payables |
36.62 | 53.23 | 84.45 | 122.76 | 129.02 | 100.11 | 86.74 | 64.02 | 55.35 | 138.67 |
Average Inventory |
— | — | — | — | — | — | 132.00 | 240.32 | 433.90 | 872.46 |
Average Assets |
1,596.06 | 1,751.56 | 2,297.29 | 2,937.85 | 3,312.45 | 4,125.92 | 3,646.72 | 2,697.13 | 3,501.32 | 4,205.86 |
Average Common Equity |
1,228.18 | 1,100.38 | 1,044.43 | 1,196.28 | 1,219.00 | 1,111.60 | 571.62 | 97.50 | 128.49 | 207.68 |
Columns are period end dates