FTAI Aviation (FTAI) AI Stock Analysis

• Market Cap: $31.17B
• Dividend Yield: 0.73%
• Average Volume (3M): 1.51M
• Price to Earnings (P/E): 69.5
• Beta (1Y): 1.01
• Revenue Growth: 50.37%
• EPS Growth: N/A
• Country: US
• Employees: 580
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): 1.08
• Shares Outstanding: 102,572,920
• 10 Day Avg. Volume: 1,124,257
• 30 Day Avg. Volume: 1,511,803
• PEG Ratio: -14.64
• Price to Book (P/B): 179.75
• Price to Sales (P/S): 8.36
• P/FCF Ratio: -10.88
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 13.04
• Enterprise Value/Gross Profit: 41.52
• Enterprise Value/Ebitda: 28.87
• 1Y Price Target: $314.33
• Price Target Upside: 4.07% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 7.01
• Revenue Forecast (FY): $3.25B

• Rating: 61 Neutral
• Price Target: $298.00 ▼(-1.33% Downside)
• Action: Downgraded Date: 01/29/26
• Date: Action: Downgraded 01/29/26

The score is driven primarily by mixed fundamentals: strong recent profitability and growth but constrained by high leverage and negative TTM operating/free cash flow. Technicals are supportive with a strong uptrend, though overbought signals add risk. Valuation is a meaningful headwind due to a high P/E and low yield, while the latest earnings call provided upbeat guidance and strategic progress that supports the outlook.

Positive Factors

Aerospace Products margin expansion

Sustained aftermarket demand and higher module production (207 refurbished CFM56 modules this quarter, 750 target in 2025) underpin durable, high-margin cash generation. This diversifies revenue away from cyclical leasing and strengthens long-term EBITDA resilience and operational scale.

Strategic Capital Initiative upsized

Securing $2 billion of equity and a >$6 billion deployment plan materially expands funding capacity for fleet growth without relying solely on debt. The capital raise and co-investment structure provide scalable deployment optionality and aligned incentives, supporting durable expansion of lease assets.

Healthy reported margins and revenue growth

Consistently strong gross and net margins alongside positive revenue growth indicate the business can extract pricing and operational efficiency across leasing and MRO. Durable margin profiles support reinvestment capacity and buffer earnings through aviation cycles when combined with diversified services.

Negative Factors

High leverage

Very high leverage materially raises refinancing and interest-rate sensitivity risks for an asset-heavy aviation lessor. In a downturn, debt burdens constrain liquidity, limit strategic flexibility for aircraft purchases or MRO investment, and increase the chance of distress or equity dilution over the medium term.

Weak cash flow quality

Negative operating and free cash flows despite reported earnings imply reliance on asset sales, financings, or non-recurring items to fund operations. This weakens the firm's ability to sustainably service debt, fund dividends, and self-finance fleet growth without recurring external capital injections.

Leasing segment volatility

Leasing earnings are sensitive to portfolio transactions, geopolitical exposures, and one-off settlements, which create unpredictable EBITDA swings. This variability complicates forecasting core lease cash flows and increases reliance on aerospace-product profits or external capital to smooth earnings.

FTAI Aviation Business Overview & Revenue Model

Company Description

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers. As of December 31, 2023, this segment owned and managed 363 aviation assets consisting of 96 commercial aircraft and 267 engines, including eight aircraft and seventeen engines that were located in Russia. The Aerospace Products segment develops, manufactures, repairs, and sells aircraft engines and aftermarket components for aircraft engines. The company was founded in 2011 and is headquartered in New York, New York.

How the Company Makes Money

FTAI generates revenue primarily through its aircraft leasing operations, where it leases commercial aircraft to airlines and other operators, earning income from lease payments. Additionally, the company capitalizes on its maintenance, repair, and overhaul (MRO) services, which provide essential support and maintenance for a variety of aircraft, thus contributing to its revenue streams. Key partnerships with airlines and operators enhance FTAI's market position and provide a steady flow of contracts and agreements. Furthermore, the sale of aircraft parts and components plays a significant role in the company's financial performance, as it caters to the ongoing needs of the aviation sector. Overall, FTAI's diversified revenue model, combined with strategic partnerships and strong market demand, contributes to its earnings.

FTAI Aviation Financial Statement Overview

Summary

Income statement strength (revenue growth and healthy TTM margins) is offset by elevated balance-sheet leverage and weak cash-flow quality, including negative operating and free cash flow in the TTM.

Income Statement

FTAI Aviation shows strong revenue growth with a TTM increase of 9.17%. The company maintains healthy margins, with a gross profit margin of 40.93% and a net profit margin of 20.13% in the TTM. However, the net profit margin has fluctuated significantly over the years, indicating potential volatility in profitability.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio, peaking at 115.25 in 2022, which poses a financial risk. Although the return on equity improved to 3.58% in the TTM, the overall equity ratio remains low, suggesting limited financial stability.

Cash Flow

FTAI's cash flow situation is concerning, with negative operating and free cash flows in the TTM. The free cash flow to net income ratio is high at 2.79, indicating reliance on non-operational sources for cash. Despite some growth in free cash flow, the overall cash flow health is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.35B	1.75B	1.19B	722.32M	335.58M	370.24M
Gross Profit	738.86M	577.88M	395.31M	222.72M	126.80M	84.58M
EBITDA	1.06B	469.55M	530.66M	230.71M	263.02M	163.43M
Net Income	487.95M	8.68M	243.82M	-193.21M	-104.23M	-88.50M
Balance Sheet
Total Assets	4.24B	4.04B	2.97B	2.45B	4.88B	3.39B
Cash, Cash Equivalents and Short-Term Investments	509.94M	115.12M	90.91M	53.06M	138.21M	161.42M
Total Debt	3.45B	3.44B	2.52B	2.18B	2.50B	1.97B
Total Liabilities	3.99B	3.96B	2.80B	2.43B	3.76B	2.29B
Stockholders Equity	252.46M	81.37M	175.35M	18.88M	1.12B	1.08B
Cash Flow
Free Cash Flow	-1.22B	-1.34B	-647.91M	-834.31M	-789.67M	-531.67M
Operating Cash Flow	-173.47M	-187.96M	128.98M	-20.66M	-22.04M	63.11M
Investing Cash Flow	695.90M	-469.50M	-373.35M	-411.25M	-1.29B	-509.12M
Financing Cash Flow	-124.38M	681.81M	282.21M	44.91M	1.59B	364.92M

FTAI Aviation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 302.03
• 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 FTAI, the sentiment is Positive. The current price of 302.03 is above the 20-day moving average (MA) of 279.33, above the 50-day MA of 245.45, and above the 200-day MA of 170.93, indicating a bullish trend. The MACD of 12.51 indicates Negative momentum. The RSI at 67.79 is Neutral, neither overbought nor oversold. The STOCH value of 81.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTAI.

FTAI Aviation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WLFC	72 Outperform	$1.40B	12.28	18.91%	0.82%	27.90%	19.25%
GATX	69 Neutral	$6.94B	21.42	12.63%	1.41%	10.66%	13.61%
AER	68 Neutral	$24.77B	6.82	21.13%	0.74%	2.90%	67.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AL	63 Neutral	$7.27B	6.98	13.60%	1.37%	9.67%	96.43%
FTAI	61 Neutral	$31.17B	69.50	263.05%	0.73%	50.37%	―
R	61 Neutral	$8.81B	18.83	16.15%	1.75%	1.68%	9.91%

FTAI Aviation Corporate Events

FTAI Aviation Launches Strategic Capital Profit Participation Plan

On January 22, 2026, FTAI Aviation Ltd. adopted the FTAI Aviation Strategic Capital Profit Participation Plan, a carried interest-based incentive program that grants eligible employees, including executive officers, rights to a portion of profit participation distributions generated from investments made by partnerships within its Strategic Capital Initiative. The plan is structured so that award value is tied solely to the performance of the company’s asset management business, with profits determined on a partnership-by-partnership basis, and features a four-year ratable vesting schedule with acceleration on qualifying terminations or under certain change-in-control circumstances; by more closely aligning compensation with fund performance and embedding multi-year vesting and payout mechanics, the company aims to foster an ownership mindset, strengthen long-term value creation, and enhance its ability to attract and retain key talent in a competitive market.

The most recent analyst rating on (FTAI) stock is a Buy with a $322.00 price target. To see the full list of analyst forecasts on FTAI Aviation stock, see the FTAI Stock Forecast page.