FTAI Infrastructure Incorporation (FIP) AI Stock Analysis

• Market Cap: $630.32M
• Dividend Yield: 1.9%
• Average Volume (3M): 1.87M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• 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: 6.05
• Enterprise Value/Revenue: 8.67
• Enterprise Value/Gross Profit: 31.91
• Enterprise Value/Ebitda: 35.02
• 1Y Price Target: $13.00
• Price Target Upside: 131.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $5.50 ▼(-2.14% Downside)

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

Sustained revenue growth near 15% TTM indicates the company is expanding underlying volumes and contracts across rail and energy assets. Durable top-line expansion supports scale, improves fixed-cost absorption over time, and underpins management's run-rate targets and reinvestment capacity.

Asset-backed, contract-based cash flows

The business model centers on infrastructure assets with lease and usage-based contracts that produce predictable, long-dated cash flows. This structural revenue mix reduces cyclicality relative to commodity exposure and supports steady cash generation and financing options over the medium term.

Transformative acquisitions and operational milestones

Recent acquisitive moves (Wheeling & Lake Erie) and operating milestones (Long Ridge gas production >100,000 MMBtu/day) materially scale operations and add near-term EBITDA. These durable capacity and asset gains should elevate recurring cash flow potential and create synergies once integrated.

Negative Factors

High Leverage

A debt-to-equity ratio above 3x signals heavy leverage for an asset-heavy operator. Elevated leverage increases refinancing and interest-rate sensitivity, constrains flexibility for capital projects or distributions, and raises the risk profile during any operational setbacks over the next several quarters.

Poor profitability and margins

Very large negative net margins and a negative EBITDA margin indicate persistent issues converting revenue into profit. Structural unprofitability limits retained earnings, impedes deleveraging, and reduces capacity to self-fund growth or withstand downturns absent sustained margin recovery.

Declining free cash flow

A nearly 50% drop in free cash flow growth weakens the firm's ability to service debt, fund capex, or execute strategic transactions without external financing. Persistent FCF decline undermines balance-sheet repair and increases reliance on capital markets for liquidity over the medium term.

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: Positive
• Last Price: 5.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIP, the sentiment is Positive. The current price of 5.62 is above the 20-day moving average (MA) of 4.91, above the 50-day MA of 4.76, and above the 200-day MA of 5.09, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 66.98 is Neutral, neither overbought nor oversold. The STOCH value of 92.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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%
MATW	55 Neutral	$864.89M	-35.87	-5.33%	3.87%	-16.60%	58.86%
TUSK	55 Neutral	$110.85M	-1.36	-24.62%	―	-21.67%	60.44%
TRC	53 Neutral	$439.72M	151.94	0.63%	―	15.71%	―
NNBR	50 Neutral	$73.79M	-1.19	-24.06%	―	-9.85%	-11.65%
FIP	48 Neutral	$630.32M	-2.32	-13.99%	1.90%	32.39%	-19.35%
CODI	45 Neutral	$405.52M	-0.98	-41.05%	20.53%	-15.85%	-59.42%