FTAI Aviation (FTAI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

FTAI Aviation

NasdaqGS•Industrials•Aerospace & Defense

$186.06+5.97(0.03%)Market closed

Market Cap

$20.01B

P/E

40.3x

P/S

6.4x

P/B

49.5x

FTAI Aviation Ltd. owns, acquires, and sells aviation equipment for the transportation of goods and people worldwide. It operates in two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns, leases, manages, and sells aircraft and aircraft engines. As of December 31, 2025, this segment owned and managed 290 aviation assets consisting of 47 commercial aircraft and 243 engines, including eight aircraft and seventeen engines in Russia. The Aerospace Products segment develops, manufactures, repairs/refurbishes, and sells aircraft engines and aftermarket components for the commercial aircraft engines. It also engages in the offshore energy business, which consists of vessels and equipment that support offshore oil and gas activities and production. FTAI Aviation Ltd. has a strategic collaboration with Aeronautical Engineers, Inc. The company was founded in 2011 and is headquartered in New York, New York.

How this company scores

AverageMetricSide Score: 50/100

Strongest: Growth (22/25); weakest: Cash & Earnings Quality (1/25).

Profitability17/25

Growth22/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality1/25

Strengths

Growing revenueStrong marginsHigh ROEImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 40.3x5y range 19.1x – 1494.5x

Currently near its 13-quarter median.

P/S · 6.4x5y range 0.0x – 8.8x

Currently near its 20-quarter median.

P/B · 49.5x5y range 0.0x – 401.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 32.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $20.01B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.11B
Q. Revenue: $953.09M
TTM EBITDA: $955.30M
TTM Op. Income: $745.03M
Q. Op. Income: $194.81M
TTM Net Income: $496.27M
Q. Net Income: $125.09M
EPS: $1.15
Shares Out.: $102.60M

$3.11B in TTM revenue grew 45.3% YoY, reaching $953.09M last quarter. TTM EBITDA of $955.30M and TTM operating income of $745.03M show growth is flowing through to the bottom line. TTM net income of $496.27M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 33.3%
EBITDA Margin: 25.4%
Op. Margin: 20.4%
Net Margin: 13.1%

Op. margin of 20.4% is down 10.7% YoY — costs are rising relative to revenue. Net margin at 13.1% and gross margin of 33.3% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 4 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 40.3x
P/S Ratio: 6.4x
P/B Ratio: 49.5x

At 40.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 6.4x and P/B of 49.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 56% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.49B
Cash: $337.19M
Long-Term Debt: $3.45B
Book Value: $403.99M
D/E Ratio: 8.5
Debt/EBITDA: 14.3

With $4.49B in assets and $3.45B in long-term debt, D/E is 8.5and book value is $403.99M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is down 59% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-105.23M
TTM Free Cash Flow: $-480.41M
FCF Margin: -15.4%
FCF / Net Income: -1.0

TTM FCF of $-480.41M on $-105.23M in operating cash flow. The FCF / Net Income ratio of -1.0x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.