← FTAI Aviation Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $148.7m |
$217.7m
+46.35%
|
$379.9m
+74.53%
|
$578.8m
+52.36%
|
$366.5m
-36.68%
|
$455.8m
+24.37%
|
$708.4m
+55.42%
|
$1.2b
+65.28%
|
$1.7b
+48.17%
|
$2.5b
+44.53%
|
$3.1b
+24.15%
|
|
| Cost of Revenue | $135.8m |
$200.0m
+47.28%
|
$358.8m
+79.39%
|
$554.9m
+54.65%
|
$0
-100.00%
|
$14.3m |
$248.4m
+1635.99%
|
$502.1m
+102.16%
|
$825.9m
+64.48%
|
$1.3b
+63.43%
|
$2.1b
+55.74%
|
|
| Cost of sales | $135.8m |
$200.0m
+47.28%
|
$358.8m
+79.39%
|
$554.9m
+54.65%
|
$0
-100.00%
|
$14.3m |
$248.4m
+1635.99%
|
$502.1m
+102.16%
|
$825.9m
+64.48%
|
$1.3b
+63.43%
|
$2.1b
+55.74%
|
|
| Gross Profit (Calculated) (derived) | $12.9m |
$17.6m
+36.60%
|
$21.1m
+19.41%
|
$23.9m
+13.38%
|
$366.5m
+1434.35%
|
$441.5m
+20.46%
|
$460.0m
+4.20%
|
$668.8m
+45.38%
|
$909.0m
+35.92%
|
$1.2b
+27.36%
|
— | |
| Interest Income (Expense), Net | $136k |
$688k
+405.88%
|
$488k
-29.07%
|
$531k
+8.81%
|
$162k
-69.49%
|
$1.7m
+956.17%
|
— | — | — | — | — | |
| General and Administrative Expense | $12.3m | $14.6m | $17.1m | $20.4m | $18.2m | $17.4m | $14.2m | $13.7m | $14.3m | $9.5m | $8.6m | |
| Operating Costs and Expenses | $66.2m | $92.4m | $167.5m | $288.0m | $109.5m | $172.5m | $132.3m | $110.2m | $115.9m | $152.5m | — | |
| Operating Expenses | $66.2m | $92.4m | $167.5m | $288.0m | $109.5m | $172.5m | $132.3m | $110.2m | $115.9m | $152.5m | $226.9m | |
| Gain (Loss) Related to Litigation Settlement | — | $1.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Gain on sale of assets, net | $5.9m | $18.3m | $3.9m | $203.2m | ($308k) | $49.0m | $77.2m | $0 | ($18.7m) | $0 | — | |
| Gain on sale to the 2025 Partnership | — | — | — | — | — | — | — | $0 | $0 | $46.4m | — | |
| Other Nonoperating Income (Expense) | $602k | $3.1m | $3.9m | $3.4m | $70k | ($10.9m) | $207k | $7.6m | $17.4m | $73.6m | — | |
| Income (Loss) from Equity Method Investments | ($6.0m) | ($1.6m) | ($1.0m) | ($2.4m) | ($5.0m) | ($12.7m) | ($369k) | ($1.6m) | ($2.2m) | ($6.8m) | — | |
| Nonoperating Income (Expense) | ($8.3m) | $18.0m | $7.3m | $200.1m | ($16.8m) | $23.8m | $57.2m | $6.0m | ($223.7m) | ($134.6m) | — | |
| Other Expenses | — | — | — | — | — | — | — | $18.0m | $8.4m | $0 | — | |
| Other income | $602k | $3.1m | $3.9m | $3.4m | $70k | ($10.9m) | $207k | $7.6m | $17.4m | $73.6m | — | |
| Interest Expense (non-operating) | $19.0m | $38.8m | $57.9m | $95.6m | $98.2m | $171.0m | $169.2m | $161.6m | $221.7m | $247.8m | $247.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | ($259k) | — | $598.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($40.3m) | ($21.3m) | ($14.3m) | $152.1m | ($110.9m) | ($131.8m) | ($105.3m) | $184.0m | $14.2m | $606.7m | $598.2m | |
| Provision for (benefit from) income taxes | $268k | $2.0m | $1.4m | $17.8m | ($5.9m) | ($1.1m) | $5.3m | ($59.8m) | $5.5m | $105.6m | — | |
| Current Income Tax Expense (Benefit) | $291k | $1.8m | $388k | $666k | $714k | $1.2m | $2.7m | $3.8m | $3.6m | $31.7m | $102.0m | |
| Net Income (Loss) Attributable to Parent | ($20.1m) |
$134k
+100.67%
|
$5.9m
+4289.55%
|
$223.3m
+3695.82%
|
($105.0m)
-147.05%
|
($130.7m)
-24.44%
|
($212.0m)
-62.22%
|
$243.8m
+214.99%
|
$8.7m
-96.44%
|
$501.1m
+5671.30%
|
$477.6m
-4.68%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($40.6m) |
($23.2m)
+42.76%
|
($15.7m)
+32.43%
|
$207.8m
+1423.13%
|
($103.7m)
-149.90%
|
($129.0m)
-24.40%
|
($220.4m)
-70.84%
|
$212.0m
+196.21%
|
($32.1m)
-115.13%
|
$477.5m
+1588.49%
|
$477.6m
+0.03%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($20.5m) | ($23.4m) | ($21.6m) | $223.3m | $105.0m | $129.0m | $0 | $0 | $32.1m | $477.5m | $477.6m | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($0.19) | $0.00 | $0.05 | $2 | ($1) | ($1) | ($1) | $2 | ($0) | $4.66 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($0) | $0 | $0 | $2 | ($1) | ($1) | ($1) | $2 | ($0) | $5 | — | |
| Earnings Per Share, Basic | ($0.19) | $0.00 | $0.05 | $2 | ($1) | ($1) | ($1) | $2.12 | ($0.32) | $4.66 | $4.66 | |
| Earnings Per Share, Diluted | ($0.19) | $0.00 | $0.05 | — | — | — | — | $2.11 | ($0.32) | $4.60 | $4.58 | |
| Common Stock, Dividends, Per Share, Declared | $0.96 | $0.96 | $0.05 | $0.96 | $0.96 | $0.96 | $1.26 | $1.20 | $1.20 | $1.35 | — | |
| Less: Dividends on preferred shares | — | $0 | $0 | $1.8m | $17.9m | $24.8m | $27.2m | $31.8m | $32.8m | $17.2m | — | |
| Less: Loss on redemption of preferred shares | — | — | — | — | — | — | $0 | $0 | $8.0m | $6.3m | — | |
| Basic (in shares) | $75.7m | $75.8m | $83.7m | $86.0m | $86.0m | $89.9m | $99.4m | $99.9m | $101.5m | $102.6m | $102.6m | |
| Diluted (in shares) | $75.7m | $75.8m | $83.7m | $86.0m | $86.0m | $89.9m | $99.4m | $100.4m | $101.5m | $103.8m | $104.3m | |
| Weighted Average Number of Shares Outstanding, Basic | 103.9m | 103.9m | 114.7m | 117.9m | 117.9m | 123.3m | 99.4m | 99.9m | 101.5m | 102.6m | 102.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 103.9m | 103.9m | 114.7m | 118.0m | 117.9m | 123.3m | 99.4m | 100.4m | 101.5m | 103.8m | 104.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $6.3m | $7.3m | $7.0m | $17.6m | $9.9m | $21.9m | $13.2m | $15.2m | $32.3m | $28.6m | — | |
| Cost of Property Repairs and Maintenance | $3.7m | $5.0m | $8.7m | $5.0m | $4.1m | $9.0m | $7.2m | $7.7m | $9.8m | $3.2m | — | |
| Costs and Expenses | $180.7m | $256.9m | $401.5m | $626.8m | $460.6m | $611.4m | $870.9m | $992.9m | $1.5b | $1.8b | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300.0m | $0 | $0 | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | $110.2m | $115.9m | $152.5m | — | |
| Acquisition and transaction expenses | $6.3m | $7.3m | $7.0m | $17.6m | $9.9m | $21.9m | $13.2m | $15.2m | $32.3m | $28.6m | — | |
| Management fees and incentive allocation to affiliate | $16.7m | $15.7m | $15.7m | $36.1m | $18.5m | $16.3m | $3.6m | $18.0m | $8.4m | $0 | — | |
| Internalization fee to affiliate | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300.0m | $0 | — | |
| Depreciation and amortization | $60.2m | $88.1m | $136.4m | $169.0m | $172.4m | $201.8m | $152.9m | $169.9m | $218.1m | $225.8m | — | |
| Asset impairment | ($7.5m) | $0 | $0 | ($4.7m) | $34.0m | $10.5m | $137.2m | $2.1m | $962k | $0 | $0 | |
| Loss on extinguishment of debt | ($1.6m) | ($2.5m) | $0 | $0 | ($11.7m) | ($3.3m) | ($19.9m) | $0 | ($17.1m) | $0 | — | |
| Equity in losses of unconsolidated entities | ($6.0m) | ($1.6m) | ($1.0m) | ($2.4m) | ($5.0m) | ($12.7m) | ($369k) | ($1.6m) | ($2.2m) | ($6.8m) | — | |
| Net (loss) income attributable to shareholders | ($20.1m) | $134k | $5.9m | $223.3m | ($105.0m) | ($129.0m) | ($220.4m) | $212.0m | ($32.1m) | $477.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $20.1m | $134k | $5.9m | $150.1m | ($106.4m) | ($129.0m) | ($137.8m) | $212.0m | ($32.1m) | $477.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $20.1m | $134k | $5.9m | $134.3m | ($105.0m) | ($130.7m) | ($110.6m) | $243.8m | $8.7m | $501.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $20.1m | $134k | $5.9m | $73.5m | $1.3m | $0 | ($101.4m) | $0 | $0 | $477.5m | — | |
| Total expenses | $180.7m | $256.9m | $401.5m | $626.8m | $460.6m | $611.4m | $870.9m | $992.9m | $1.5b | $1.8b | $2.3b | |
| Total other (expense) | ($8.3m) | $18.0m | $7.3m | $200.1m | ($16.8m) | $23.8m | $57.2m | $6.0m | ($223.7m) | ($134.6m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.