FTAI Infrastructure Incorporation (FIP) AI Stock Analysis

• Market Cap: $702.34M
• Dividend Yield: 1.86%
• Average Volume (3M): 1.36M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: 5.70%
• EPS Growth: 36.39%
• Country: US
• Employees: 670
• Sector: Industrials
• Sector Strength: 88
• Industry: Conglomerates
• EPS (TTM): 0.89
• Shares Outstanding: 114,761,440
• 10 Day Avg. Volume: 1,330,830
• 30 Day Avg. Volume: 1,361,229
• PEG Ratio: -0.02
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.13
• Enterprise Value/Market Cap: 2.22
• Enterprise Value/Revenue: 1.16
• Enterprise Value/Gross Profit: 15.31
• Enterprise Value/Ebitda: 34.52
• 1Y Price Target: $11.00
• Price Target Upside: 79.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 58 Neutral
• Price Target: $6.50 ▲(6.21%Upside)

FIP shows potential with solid technical momentum and positive corporate events. However, significant challenges in financial performance and valuation due to profitability issues and high debt levels weigh on the overall score.

Positive Factors

Equity Value

Transtar's potential valuation suggests a substantial increase in FIP's equity value, given the asset's debt-free status and projected earnings.

Growth Potential

Management has visibility into significant growth potential with an annual adjusted EBITDA target of $220M, driven by a strong pipeline of new business opportunities.

Revenue and EBITDA

Solid 3Q24 results with increased revenue and EBITDA highlight steady performance across key assets at FTAI Infrastructure.

Negative Factors

Asset Maturity

Several underlying assets are expected to become more mature, which might slow down the pace of new growth initiatives.

Operational Challenges

The quarter included record revenue and throughput volumes, but roughly two-thirds of quarterly volume coming from refined products and the balance from crude oil could pose challenges.

Strategic Focus

Management highlighted that it is increasing focus on the strategic front, which indicates potential challenges in maintaining current operational momentum.

FTAI Infrastructure Incorporation Business Overview & Revenue Model

Company Description

FTAI Infrastructure Incorporation (FIP) is a company operating within the infrastructure sector, focusing on the development, acquisition, and management of transportation and energy-related assets. The company aims to enhance and optimize infrastructure investments to provide sustainable and efficient services. FIP primarily engages in the sectors of aviation, rail, and energy, offering a diverse portfolio of infrastructure solutions designed to meet the evolving demands of modern industries.

How the Company Makes Money

FTAI Infrastructure Incorporation generates revenue through a multi-faceted business model that includes leasing and managing transportation and energy infrastructure assets. The company earns income by leasing aviation equipment, such as aircraft and engines, to airlines and other operators. Additionally, FIP invests in rail infrastructure, providing critical transportation links and charging fees for usage. In the energy sector, the company is involved in the development and management of energy-related infrastructure, generating revenue by supplying energy and related services. Strategic partnerships and joint ventures with key industry players further enhance FIP's revenue streams, allowing for shared investments and the optimization of infrastructure assets.

FTAI Infrastructure Incorporation Financial Statement Overview

Summary

FTAI Infrastructure Incorporation shows revenue growth but struggles with profitability. A strong balance sheet with low debt-to-equity ratio is overshadowed by negative cash flows and net income.

Income Statement

FTAI Infrastructure Incorporation has shown some revenue growth with a TTM revenue of $345.1 million, up from $331.5 million in the previous annual period. However, the company continues to face profitability challenges. The TTM net income is negative at -$52.5 million, indicating ongoing losses. The EBIT margin is negative due to the loss on EBIT, and although EBITDA has improved, it remains a concern. Overall, revenue growth is a positive sign, but profitability remains a significant issue.

Balance Sheet

The company's balance sheet reveals a total debt of $67.4 million against a stockholders' equity of $866.4 million, resulting in a relatively low and improving debt-to-equity ratio. The equity ratio is healthy, indicating a strong equity base compared to total assets. However, the return on equity is negatively impacted by the company's losses. The improved cash position is a positive sign, enhancing financial stability.

Cash Flow

Cash flow analysis indicates that the company is experiencing difficulties with negative operating cash flow of -$107.2 million in the TTM period and a negative free cash flow of -$176.4 million. Free cash flow growth has not been favorable, which presents challenges in financing operations and investments. The operating cash flow to net income ratio is unfavorable due to losses, highlighting the need for better cash management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
345.12M	331.50M	320.47M	261.97M	120.22M	68.56M
	Gross Profit
101.72M	331.50M	-26.66M	53.81M	-47.98M	-45.02M
	EBIT
-14.83M	-21.70M	-39.49M	-40.80M	-56.71M	-56.55M
	EBITDA
85.92M	-61.23M	23.32M	-59.06M	-39.94M	-31.83M
	Net Income Common Stockholders
-52.47M	-223.65M	-121.34M	-153.58M	-79.87M	-55.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
223.41M	27.79M	29.37M	36.49M	67.07M	15.71M
	Total Assets
4.14B	2.37B	2.38B	2.48B	2.44B	1.40B
	Total Debt
67.36M	1.66B	1.41B	1.30B	789.03M	339.38M
	Net Debt
-156.05M	1.63B	1.38B	1.26B	739.16M	323.67M
	Total Liabilities
3.28B	1.92B	1.64B	1.69B	980.25M	403.61M
	Stockholders Equity
866.44M	583.87M	809.52M	816.21M	1.46B	973.05M
Cash Flow		Free Cash Flow
-176.37M	-98.10M	-95.23M	-259.83M	-202.61M	-294.38M
	Operating Cash Flow
-107.18M	-15.28M	5.51M	-42.69M	-61.72M	-46.86M
	Investing Cash Flow
65.01M	-118.14M	-147.12M	-267.27M	-828.72M	-252.22M
	Financing Cash Flow
200.91M	193.23M	79.45M	157.74M	1.14B	337.63M

FTAI Infrastructure Incorporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 6.12 is above the 20-day moving average (MA) of 5.78, above the 50-day MA of 4.74, and below the 200-day MA of 6.90, indicating a neutral trend. The MACD of 0.43 indicates Negative momentum. The RSI at 64.08 is Neutral, neither overbought nor oversold. The STOCH value of 55.95 is Neutral, 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 *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
SPLP	63 Neutral	$766.02M	3.71	24.14%	―	5.83%	72.33%
FIP	58 Neutral	$702.34M	―	-6.42%	1.86%	5.70%	36.39%
TUSK	52 Neutral	$141.01M	―	-55.95%	―	-12.33%	-738.00%
MATW	52 Neutral	$714.44M	―	-17.17%	4.34%	-9.04%	-339.31%
NNBR	47 Neutral	$110.48M	―	-17.87%	―	-7.16%	28.78%
TRC	47 Neutral	$441.12M	205.90	0.46%	―	7.04%	268.20%

FTAI Infrastructure Incorporation Corporate Events

FTAI Infrastructure Completes $300M Bond Offering

On May 28, 2025, DRP Urban Renewal 4, LLC, a subsidiary of FTAI Infrastructure Inc., completed a $300 million bond offering for the Repauno Port & Rail Terminal Project. The bonds, issued by the New Jersey Economic Development Authority, are secured by a trust estate and collateral, with repayment sourced from DRP 4’s payments to the EDA. This financial move is part of a broader strategy involving a Collateral Agency Agreement, a Lease Agreement, and a Senior Secured Credit Agreement, which collectively secure the bonds and outline financial and operational covenants. These agreements position FTAI Infrastructure to enhance its market presence and operational capacity in the infrastructure sector.

The most recent analyst rating on (FIP) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on FTAI Infrastructure Incorporation stock, see the FIP Stock Forecast page.

FTAI Infrastructure Elects Directors and Ratifies Auditor

At the 2025 Annual Meeting of Shareholders held on May 29, 2025, FTAI Infrastructure Inc. shareholders elected two Class III directors to serve until the 2028 Annual Meeting. Additionally, the shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The election and ratification decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its future financial oversight and leadership continuity.

The most recent analyst rating on (FIP) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on FTAI Infrastructure Incorporation stock, see the FIP Stock Forecast page.

FTAI Infrastructure Prices $300M Bond Offering

On May 15, 2025, FTAI Infrastructure Inc.’s subsidiary, DRP Urban Renewal 4, LLC, along with the New Jersey Economic Development Authority, priced a private offering of $300 million in Series 2025 Bonds for the Repauno Port & Rail Terminal Project. The bonds, maturing in 2035 and 2045, will bear fixed interest rates of 6.375% and 6.625%, respectively. The offering is limited to qualified institutional buyers and accredited investors, with the closing expected on May 28, 2025. Concurrently, Repauno plans to enter into a Senior Secured Credit Agreement for a $106 million term loan to refinance existing obligations and for general corporate purposes. This loan will have an initial maturity of 18 months, extendable by another 18 months, and will be secured by the same collateral as the Series 2025 Bonds.

The most recent analyst rating on (FIP) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on FTAI Infrastructure Incorporation stock, see the FIP Stock Forecast page.

FTAI Infrastructure Plans $300M Bond Offering

On April 30, 2025, FTAI Infrastructure Inc.’s subsidiary, Delaware River Partners LLC, in collaboration with the New Jersey Economic Development Authority, plans to offer Series 2025 Bonds worth approximately $300 million. The proceeds will finance the expansion and renovation of the Repauno Port & Rail Terminal, aiming to boost its capacity and operational efficiency. This initiative is expected to enhance Repauno’s revenue and EBITDA targets, although actual results may vary due to various risks and uncertainties.

FTAI Infrastructure Announces $400M Financing Package

On April 15, 2025, Delaware River Partners LLC, a subsidiary of FTAI Infrastructure Inc., announced plans to market a $400 million financing package, comprising tax-exempt bonds and a term loan. The funds will support the Phase 2 expansion, debt repayment, reserve accounts, and transaction fees. Repauno aims to achieve annual revenues of up to $130 million and Adjusted EBITDA of up to $100 million post-expansion, though these targets are subject to various uncertainties and assumptions, including throughput and operating expenses.