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FTAI Infrastructure Incorporation
(NASDAQ:FIP)
FTAI Infrastructure Incorporation (FIP) vs. SPDR S&P 500 ETF (SPY)
FTAI Infrastructure Incorporation Business Overview & Revenue Model
FTAI Infrastructure Incorporation Earnings Call Summary
FTAI Infrastructure Incorporation Financial Statement Overview
| 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 | 376.80M | 331.50M | -26.66M | -29.90M | -47.98M | -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 | 353.92M | 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 | 4.37B | 1.92B | 1.64B | 1.69B | 980.25M | 403.61M |
| Stockholders Equity | 1.24B | 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
FTAI Infrastructure Incorporation Risk Analysis
FTAI Infrastructure Incorporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | $602.41M | -2.14 | -13.99% | 1.69% | 32.39% | -19.35% | |
53 Neutral | $451.42M | ― | ― | 15.60% | 6.77% | 9.95% | |
48 Neutral | $711.27M | ― | -12.81% | 4.30% | -11.13% | -351.71% | |
48 Neutral | $102.17M | ― | -24.62% | ― | -21.67% | 60.44% | |
47 Neutral | $419.01M | -794.90 | -0.11% | ― | 14.79% | -141.14% | |
46 Neutral | $90.35M | ― | -24.06% | ― | -9.85% | -11.65% |
FTAI Infrastructure Incorporation Corporate Events
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 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.
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 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.
FTAI Infrastructure’s recent earnings call painted a highly optimistic picture for the company’s future, marked by significant growth milestones. The call highlighted a major acquisition and a substantial increase in EBITDA, although it also acknowledged potential hurdles such as regulatory challenges and integration risks.
FTAI Infrastructure Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for the delay is the need for additional time to complete procedures related to the company’s quarter-end financial reporting process. The company expects to file the report within the five-day extension period allowed under Rule 12b-25. FTAI Infrastructure does not anticipate any significant changes to the financial information previously disclosed in its Form 8-K filed on August 7, 2025. The company is committed to ongoing compliance efforts, and the notification was signed by Kenneth J. Nicholson, the Chief Executive Officer and President.
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 Inc. is a company that invests in critical infrastructure across the rail, ports and terminals, and power and gas sectors, aiming to generate stable cash flows and potential earnings growth. In its second-quarter 2025 earnings report, FTAI Infrastructure announced a net loss attributable to stockholders of $79.8 million, with a basic and diluted loss per share of $0.73. Despite the loss, the company reported an adjusted EBITDA of $45.9 million, highlighting the performance of its four core segments. The company declared a dividend of $0.03 per share of common stock.
On August 6, 2025, FTAI Infrastructure Inc. announced its agreement to acquire The Wheeling Corporation, which owns the Wheeling & Lake Erie Railway Company, for $1.05 billion. This acquisition is expected to enhance FTAI’s freight rail platform by combining Wheeling with its existing Transtar operations, potentially driving substantial growth in revenue and EBITDA. The transaction is subject to customary closing conditions and regulatory approvals, with the expectation to close in the third quarter of 2025.
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.