13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 53.1% per year over the past 5 years.
Financial health
Total debt ($3.4B) exceeds cash ($300M); net debt is $3.1B.
Total debt has grown slower than revenue (12.6% vs 53.1% per year).
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 25.6% of earnings.
The dividend has grown 2.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.5B
$501M
46.2%
0.0%
149.9%
11.5%
-$338M
$3.4B
$300M
2024
$1.7B
$9M
52.4%
0.0%
10.7%
0.2%
-$197M
$3.4B
$115M
2023
$1.2B
$244M
57.1%
0.0%
139.0%
8.2%
$123M
$2.5B
$91M
2022
$708M
-$212M
64.9%
0.0%
—
-8.7%
-$165M
$2.2B
$34M
2021
$336M
-$131M
95.7%
0.0%
—
-2.7%
-$179M
$2.5B
$138M
2020
$298M
-$104M
100.0%
0.0%
—
-3.1%
-$202M
$1.9B
$122M
2019
$579M
$208M
0.0%
0.0%
—
6.4%
-$180M
$1.4B
$227M
2018
$342M
-$16M
0.0%
0.0%
—
-0.6%
-$96M
$1.2B
$100M
2017
$185M
-$23M
0.0%
0.0%
—
-1.2%
-$48M
$703M
$59M
2016
$149M
-$41M
0.0%
0.0%
—
-2.6%
-$26M
$260M
$68M
2015
—
-$29M
—
—
—
-1.7%
-$73M
$266M
$382M
2014
—
$3M
—
—
—
0.2%
-$81M
$593M
$22M
2013
—
$25M
—
—
—
—
$12M
—
$7M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$978M
$151M
36.2%
0.0%
34.8%
3.1%
-$110M
$3.5B
$386M
Jun '26
$953M
$125M
33.3%
0.0%
31.0%
2.8%
-$123M
$3.5B
$337M
Mar '26
$831M
$138M
36.9%
0.0%
31.9%
3.0%
-$167M
$3.5B
$412M
Dec '25
$662M
$116M
44.3%
0.0%
34.6%
2.6%
-$189M
$3.4B
$300M
Sep '25
$667M
$118M
45.6%
0.0%
46.6%
2.8%
-$2M
$3.4B
$510M
Jun '25
$676M
$165M
45.4%
0.0%
100.3%
4.0%
-$117M
$3.4B
$302M
Mar '25
$502M
$102M
50.5%
0.0%
361.4%
2.4%
-$30M
$3.6B
$112M
Dec '24
$499M
$102M
48.3%
0.0%
125.9%
2.5%
-$48M
$3.4B
$115M
Sep '24
$466M
$86M
52.9%
0.0%
73.0%
2.3%
$41M
$3.2B
$112M
Jun '24
$444M
-$220M
53.6%
0.0%
-316.1%
-6.4%
-$188M
$3.1B
$169M
Mar '24
$327M
$40M
56.3%
0.0%
22.4%
1.2%
-$2M
$2.7B
$65M
Dec '23
—
$118M
—
—
67.5%
4.0%
$10M
$2.5B
$91M
Sep '23
$291M
$41M
59.9%
0.0%
—
1.6%
$48M
$2.3B
$53M
Jun '23
$274M
$55M
61.9%
0.0%
—
2.2%
$28M
$2.2B
$21M
Mar '23
$293M
$29M
50.2%
0.0%
—
1.2%
$37M
$2.1B
$41M
Dec '22
$274M
$27M
53.2%
0.0%
—
1.1%
-$5M
$2.2B
$34M
Sep '22
$230M
-$19M
58.3%
0.0%
—
-0.9%
$7M
$2.0B
$16M
Jun '22
$112M
$10M
86.5%
0.0%
—
0.2%
-$115M
$3.5B
$119M
Mar '22
$92M
-$230M
90.1%
0.0%
—
-4.8%
-$53M
$3.4B
$145M
Dec '21
$98M
-$20M
94.2%
0.0%
—
-0.4%
-$49M
$2.5B
$138M
Valuation over time
How the market has priced FTAI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 22.3× (Jan '24) to 40.4× (Nov '26).
The price-to-sales ratio has risen from 4.0× (Mar '23) to 8.1× (Nov '26).
The dividend yield has fallen from 4.5% (Mar '23) to 0.6% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FTAI growing its revenue and profit?
Over the past 5 years, Ftai Aviation Ltd.'s revenue has grown 53.1% per year. These are computed facts, not advice.
How much debt does FTAI have?
As of FY2025, Ftai Aviation Ltd. reported $3.4B of total debt against $300M of cash.
What is FTAI's profit margin?
In FY2025, gross margin was 46.2%, operating margin —, and net margin 20.0%.
What is FTAI's P/E ratio?
Ftai Aviation Ltd.'s P/E (TTM) is 38.22 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FTAI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 40.4× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.