FTAI Infrastructure Incorporation (FIP) AI Stock Analysis

• Market Cap: $475.64M
• Dividend Yield: 2.2%
• Average Volume (3M): 1.87M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.62
• Revenue Growth: 32.39%
• EPS Growth: -19.35%
• Country: US
• Employees: 670
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): -1.38
• Shares Outstanding: 116,294,464
• 10 Day Avg. Volume: 1,506,186
• 30 Day Avg. Volume: 1,872,350
• PEG Ratio: -0.07
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 2.37
• P/FCF Ratio: -8.01
• Enterprise Value/Market Cap: 8.01
• Enterprise Value/Revenue: 8.67
• Enterprise Value/Gross Profit: 31.91
• Enterprise Value/Ebitda: 35.02
• 1Y Price Target: $11.33
• Price Target Upside: 177.02% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $4.50 ▲(10.02% Upside)

FTAI Infrastructure Incorporation's overall stock score is primarily influenced by its financial performance challenges, including high leverage and negative profitability, which weigh heavily on the score. Technical analysis further reflects bearish trends. However, the positive sentiment from the earnings call, highlighting strategic growth and strong performance in key segments, provides a counterbalance, suggesting potential for future improvement.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and effective business strategies, positioning FIP for sustained expansion and market leadership.

Strategic Acquisitions

Strategic acquisitions like Wheeling & Lake Erie Railway enhance FIP's market position, offering potential for increased operational efficiency and revenue.

Gas Production Milestone

Achieving gas production milestones strengthens FIP's energy segment, providing a stable revenue stream and supporting long-term growth.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting FIP's ability to invest in growth opportunities and affecting long-term financial stability.

Profitability Challenges

Persistent profitability issues hinder FIP's ability to generate returns, impacting shareholder value and long-term financial health.

Decline in Free Cash Flow

A decline in free cash flow growth limits FIP's capacity to fund operations and strategic initiatives, posing a challenge to sustainable growth.

FTAI Infrastructure Incorporation Business Overview & Revenue Model

Company Description

FTAI Infrastructure Inc. focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation and energy industries. It operates a multi-modal crude oil and refined products terminal, and other related assets. The company also has a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; and a 1,660-acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities, including a power plant under construction. In addition, it operates five freight railroads and one switching facility. FTAI Infrastructure Inc. was incorporated in 2021 and is based in New York, New York. FTAI Infrastructure Inc. (NasdaqGS : FIP) operates independently of Fortress Transportation and Infrastructure Investors LLC as of August 1, 2022.

How the Company Makes Money

FTAI Infrastructure Incorporation generates revenue primarily through long-term contracts for infrastructure projects, asset management fees, and performance-based incentives. The company partners with government entities and private sector organizations to undertake large-scale projects, allowing it to secure steady income streams. Additionally, FIP benefits from investment returns on its equity stakes in various infrastructure assets, which contribute significantly to its earnings. The combination of these revenue streams, along with strategic alliances and joint ventures, bolsters the company's financial performance.

FTAI Infrastructure Incorporation Financial Statement Overview

Summary

FTAI Infrastructure Incorporation exhibits strong revenue growth but struggles with profitability and cash flow management. The high leverage poses financial risks, and the negative return on equity indicates challenges in generating returns for shareholders. While there are positive aspects, such as revenue growth, the company needs to address its profitability and leverage issues to improve its financial health.

Income Statement

FTAI Infrastructure Incorporation has shown a significant revenue growth rate of 14.97% in the TTM, indicating a positive trajectory. However, the company struggles with profitability, as evidenced by a negative net profit margin of -45.68% and a negative EBITDA margin of -21.04%. The gross profit margin is positive at 2.60%, but overall, the company faces challenges in converting revenue into profit.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 3.06, indicating significant leverage, which could pose financial risks. The return on equity is negative at -22.36%, reflecting poor profitability relative to shareholder equity. However, the equity ratio is 22.73%, suggesting a reasonable proportion of equity financing relative to total assets.

Cash Flow

The cash flow statement highlights a concerning decline in free cash flow growth of -47.46% in the TTM. The operating cash flow to net income ratio is negative, indicating operational challenges. However, the free cash flow to net income ratio is positive at 1.23, suggesting some ability to generate cash relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	439.77M	331.50M	320.47M	261.97M	120.22M	68.56M
Gross Profit	119.47M	331.50M	-26.66M	-29.90M	120.22M	-45.02M
EBITDA	108.84M	-61.23M	23.32M	-59.06M	-39.94M	-31.83M
Net Income	-134.64M	-223.65M	-121.34M	-153.58M	-79.87M	-55.20M
Balance Sheet
Total Assets	5.45B	2.37B	2.38B	2.48B	2.44B	1.40B
Cash, Cash Equivalents and Short-Term Investments	34.72M	27.79M	29.37M	36.49M	49.87M	15.71M
Total Debt	3.80B	1.66B	1.41B	1.30B	789.03M	339.38M
Total Liabilities	5.28B	1.92B	1.64B	1.69B	980.25M	403.61M
Stockholders Equity	333.70M	583.87M	809.52M	816.21M	1.46B	973.05M
Cash Flow
Free Cash Flow	-151.19M	-98.10M	-95.23M	-259.83M	-202.61M	-294.38M
Operating Cash Flow	-123.31M	-15.28M	5.51M	-42.69M	-61.72M	-46.86M
Investing Cash Flow	-1.13B	-118.14M	-147.12M	-267.27M	-828.72M	-252.22M
Financing Cash Flow	1.46B	193.23M	79.45M	157.74M	1.14B	337.63M

FTAI Infrastructure Incorporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIP, the sentiment is Negative. The current price of 4.09 is below the 20-day moving average (MA) of 4.62, below the 50-day MA of 4.90, and below the 200-day MA of 5.16, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 36.59 is Neutral, neither overbought nor oversold. The STOCH value of 23.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FIP.

FTAI Infrastructure Incorporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CODI	57 Neutral	$519.88M	―	―	14.47%	6.77%	9.95%
MATW	54 Neutral	$767.43M	-31.16	-5.33%	4.06%	-16.60%	58.86%
TUSK	50 Neutral	$86.75M	―	-24.62%	―	-21.67%	60.44%
FIP	48 Neutral	$475.64M	-1.69	-13.99%	2.20%	32.39%	-19.35%
TRC	48 Neutral	$419.01M	-794.90	0.63%	―	15.71%	―
NNBR	45 Neutral	$62.74M	―	-24.06%	―	-9.85%	-11.65%

FTAI Infrastructure Incorporation Corporate Events

FTAI Infrastructure’s Earnings Call Highlights Growth

FTAI Infrastructure Incorporation’s recent earnings call conveyed a positive sentiment, underscoring the company’s robust financial performance and strategic acquisitions. Despite minor setbacks from external factors like the government shutdown and temporary volume declines, the company showcased a strong growth trajectory, particularly in its Rail and Long Ridge segments.

FTAI Infrastructure Faces Compliance Challenges with Wheeling Acquisition

FTAI Infrastructure Incorporation faces a significant business risk due to Wheeling’s status as a private company not subject to the Sarbanes-Oxley Act of 2002. This exemption means Wheeling is not required to maintain the stringent internal controls over financial reporting mandated for public companies, potentially affecting the reliability of its financial statements. As FTAI seeks to integrate Wheeling, it must implement Sarbanes-Oxley compliance, which will demand substantial time and financial resources. Failure to achieve compliance could lead to regulatory sanctions, further straining the company’s resources and adversely impacting its financial standing.

FTAI Infrastructure Faces Financial Uncertainty Amid Pending Wheeling Acquisition Approval

FTAI Infrastructure Incorporation faces significant business risk due to the pending approval of the Wheeling Acquisition by the Surface Transportation Board (STB). Without final approval, the company would be unable to control Wheeling and would need to divest its interests, potentially incurring substantial losses and expenses. Additionally, if approval is not secured by August 25, 2026, RR Holdings may be obligated to redeem certain financial instruments, which could strain its financial resources and adversely affect the company’s financial condition.

FTAI Infrastructure Completes Acquisition of Wheeling Corporation

On August 25, 2025, FTAI Infrastructure Inc.’s subsidiary, FIP RR Holdings LLC, completed the acquisition of The Wheeling Corporation from WLE Management Partners, L.P. for approximately $1.05 billion. This acquisition, facilitated by a $1.25 billion secured bridge loan, involves a voting trust agreement pending regulatory approval and includes the issuance of Series A Preferred Units and Warrants to finance the deal. The transaction aims to strengthen FTAI’s position in the railway sector, with significant financial arrangements and strategic moves designed to optimize its asset management and operational capabilities.

The most recent analyst rating on (FIP) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on FTAI Infrastructure Incorporation stock, see the FIP Stock Forecast page.

FTAI Infrastructure Faces Integration Challenges with Wheeling Acquisition: Potential Impacts on Financial Health

FTAI Infrastructure Incorporation faces significant risks in integrating Wheeling, an independent company, into its operations following the acquisition. The complexity of this process may hinder the realization of expected synergies, cost savings, and operational efficiencies, potentially affecting the company’s stock value and credit ratings. Challenges include managing a larger rail platform, integrating systems, retaining key employees, and dealing with pre-existing contracts. These factors, many beyond the company’s control, could lead to increased costs, revenue decreases, and management distractions, impacting FTAI’s financial health.