FTAI Aviation Ltd.FTAI

NasdaqIndustrialsServices-Miscellaneous Equipment Rental & Leasing

Price (close)

$174.53

Market cap

$17.9B

P/E

36.1x

Revenue (TTM)

$3.1B

Net income

$496.3M

Dividend yield

0.97%

1-year total return

3.3%

Net margin

15.9%

Revenue growth

45.3%

Debt / equity

8.55x

What FTAI Aviation Ltd. does.

FTAI Aviation Ltd. (Nasdaq: FTAI) is a Cayman Islands exempted company. Except as otherwise specified, “we”, “us”, “our”, “FTAI”, “FTAI Aviation” or “the Company” refer to us and our consolidated subsidiaries.

We are a leading independent engine maintenance platform focused on the CFM56-5B, CFM56-7B and V2500 aircraft engines which power the 737NG and A320ceo aircraft. We repair and rebuild engines in our maintenance facilities and with our joint venture partners, and sell or lease the engines to airlines and asset owners around the world. Our primary business model is to sell or lease engines via exchange through our proprietary Maintenance, Repair and Exchange (“MRE”) model which is reported under our Aerospace Products segment.

We also own and manage a portfolio of on- and off-lease aircraft and engines through our Aviation Leasing segment. While historically these investment activities have been primarily held on balance sheet, at the end of 2024, we launched our Strategic Capital Initiative, which consists of an asset management business that manages third-party capital to invest in on-lease aircraft and engines. We expect our primary investment activities to be through our Strategic Capital Initiative going forward.

Revenue and profit, by fiscal year.

Fiscal year	2020	2021	2022	2023	2024	2025
Revenue	$297.9M	$335.6M	$708.4M	$1.2B	$1.7B	$2.5B
Net income	-$105.0M	-$130.7M	-$212.0M	$243.8M	$8.7M	$501.1M
Free cash flow	-$201.7M	-$179.4M	-$164.9M	$122.8M	-$197.2M	-$338.5M

More on FTAI.

Figures from FTAI Aviation Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.