FTAI on Nasdaq

FTAI Aviation Ltd.

Miscellaneous equipment rental and leasing services company. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with WillScot Mobile Mini Holdings Corp., Herc Holdings Inc. or Newpark Resources, or pick any stock.

  • TickerFTAI on Nasdaq1
  • IndustryServices-Miscellaneous Equipment Rental & Leasing1
  • HeadquartersNew York, New York1
  • Business address405 West 13Th Street, 3Rd Floor, New York, Ny 100142
  • Filer categoryLarge accelerated filer2

FTAI Aviation Ltd. (Nasdaq: FTAI) is a Cayman Islands exempted company. Except as otherwise specified, “we”, “us”, “our”, “FTAI”, “FTAI Aviation” or “the Company” refer to us and our consolidated subsidiaries.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

20.0%Net margin4
44.5%Revenue growth, 20254
149.9%Return on equity4
10.32×Debt to equity4
-$338.5MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Aerospace Products brought in 66% of the revenue FTAI Aviation Ltd. broke down this way in fiscal 2025.

  1. Aerospace Products$1.6B466%up 48% from 2024
  2. Equipment Leasing$235.2M410%down 8% from 2024
  3. Equipment Leasing Revenues$235.2M410%down 8% from 2024
  4. Maintenance$218.5M49%up 9% from 2024
  5. Manufactured Product, Other$106.9M44%down 44% from 2024
  6. Product and Service, Other$10.5M40%up 56% from 2024
Products and services by year
Products and services202320242025
Aerospace Products$455.0M$1.1B$1.6B
Equipment Leasing$207.9M$255.3M$235.2M
Equipment Leasing Revenues$207.9M$255.3M$235.2M
Maintenance$191.3M$200.8M$218.5M
Manufactured Product, Other$303.1M$192.2M$106.9M
Product and Service, Other$13.5M$6.8M$10.5M

Business segments

Aerospace Products brought in 77% of the revenue FTAI Aviation Ltd. broke down this way in fiscal 2025.

  1. Aerospace Products$1.9B477%up 79% from 2024
  2. Aviation Leasing$571.2M423%down 9% from 2024
Business segments by year
Business segments202320242025
Aerospace Products$455.0M$1.1B$1.9B
Aviation Leasing$681.6M$628.4M$571.2M

Regions

North America brought in 50% of the revenue FTAI Aviation Ltd. broke down this way in fiscal 2025.

  1. North America$1.2B450%up 103% from 2024
  2. Europe$659.5M426%down 4% from 2024
  3. Asia$435.1M417%up 28% from 2024
  4. Africa$92.2M44%up 614% from 2024
  5. South America$75.6M43%down 5% from 2024
Regions by year
Regions202320242025
North America$587.1M$613.4M$1.2B
Europe$364.5M$688.7M$659.5M
Asia$154.0M$340.5M$435.1M
Africa$1.7M$12.9M$92.2M
South America$63.7M$79.4M$75.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue54¢$1.3B
  • Other costs22¢$551.0M
  • Income tax4¢$105.6M
  • Profit20¢$501.1M

Out of $2.5B in revenue.4

Financial statements

Revenue564$2.5B in 2025+333% since 2019
0$1.0B$2.0B$3.0B2019: $578.8M$578.8M20192020: $297.9M$297.9M2020−49%2021: $335.6M$335.6M2021+13%2022: $708.4M$708.4M2022+111%2023: $1.2B$1.2B2023+65%2024: $1.7B$1.7B2024+48%2025: $2.5B$2.5B2025+45%
Net income7894$501.1M in 2025+124% since 2019
-$400.0M-$200.0M0$200.0M$400.0M$600.0M2019: $223.3M$223.3M20192020: -$105.0M-$105.0M20202021: -$130.7M-$130.7M2021+24%2022: -$212.0M-$212.0M2022+62%2023: $243.8M$243.8M20232024: $8.7M$8.7M2024−96%2025: $501.1M$501.1M2025+5671%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Cost of sales$1.3B$825.9M$502.1M
Operating expenses$152.5M$115.9M$110.2M
General and administrative$9.5M$14.3M$13.7M
Acquisition and transaction expenses$28.6M$32.3M$15.2M
Management fees and incentive allocation to affiliate$0$8.4M$18.0M
Internalization fee to affiliate$0$300.0M$0
Depreciation and amortization$225.8M$218.1M$169.9M
Asset impairment$0$962.0K$2.1M
Gain on sale of assets, net$0-$18.7M$0
Total expenses$1.8B$1.5B$831.2M
Interest expense-$247.8M-$221.7M-$161.6M
Loss on extinguishment of debt$0-$17.1M$0
Equity in losses of unconsolidated entities-$6.8M-$2.2M-$1.6M
Gain on sale to the 2025 Partnership$46.4M$0$0
Other income$73.6M$17.4M$7.6M
Total other (expense)-$134.6M-$223.7M-$155.7M
Income before income taxes$606.7M$14.2M$184.0M
Provision for (benefit from) income taxes$105.6M$5.5M-$59.8M
Net income$501.1M$8.7M$243.8M
Less: Dividends on preferred shares$17.2M$32.8M$31.8M
Less: Loss on redemption of preferred shares$6.3M$8.0M$0
Net (loss) income attributable to shareholders$477.5M-$32.1M$212.0M
Basic (in dollars per share)$4.66-$0.32$2.12
Diluted (in dollars per share)$4.60-$0.32$2.11
Basic (in shares)102.6M shares101.5M shares99.9M shares
Diluted (in shares)103.8M shares101.5M shares100.4M shares
Total revenues$2.5B$1.7B$1.2B

Compare FTAI Aviation Ltd. with another company

Leadership

Who has led FTAI Aviation Ltd., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (13)

Former names

  • Fortress Transportation & Infrastructure Investors LLCNov 25, 2013 to Nov 9, 20222
  • Fortress Transportation & Infrastructure Investors Ltd.Oct 30, 2013 to Jan 27, 20142

Timeline

  1. May 14, 2015New chief executive Joseph P. Adams Jr. becomes CEO12

Filings

305 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 73 major events, 118 insider forms, 36 large holders, 57 other. The latest 20:

  1. Sep 17, 20264 EDGAR
  2. Sep 17, 20264 EDGAR
  3. Sep 17, 20264 EDGAR
  4. Sep 17, 20264 EDGAR
  5. Sep 3, 2026SCHEDULE 13G EDGAR
  6. Sep 3, 2026SCHEDULE 13G/A EDGAR
  7. Sep 2, 20264 EDGAR
  8. Aug 12, 20264 EDGAR
  9. Aug 12, 2026SCHEDULE 13G/A EDGAR
  10. Aug 6, 2026SCHEDULE 13G/A EDGAR
  11. Aug 3, 20264 EDGAR
  12. Jul 31, 202610-Q EDGAR
  13. Jul 29, 20268-K EDGAR
  14. Jul 22, 2026SCHEDULE 13G EDGAR
  15. Jul 2, 20264 EDGAR
  16. Jul 2, 20264 EDGAR
  17. Jun 25, 202615-12G EDGAR
  18. Jun 15, 20264 EDGAR
  19. Jun 15, 20264 EDGAR
  20. Jun 15, 20264 EDGAR

The 305 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

17 open-market trades by officers, directors and large owners since October 2021: 12 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 31, 2026Moreno DavidPresidentBuy2,475$201.27$498.1KForm 4
May 27, 2026HANNAWAY JUDITH ADirectorSale255$253.89$64.7KForm 4
May 4, 2026TUCHMAN MARTINDirectorSale110,676$241.46$26.7MForm 4
May 1, 2026TUCHMAN MARTINDirectorSale143,584$242.44$34.8MForm 4
Feb 27, 2026GOODWIN PAUL RDirectorSale10,000$303.35$3.0MForm 4
Nov 14, 2025Nam EunChief Financial OfficerBuy652$153.46$100.1KForm 4
Nov 13, 2025Moreno DavidPresidentBuy6,637$153.76$1.0MForm 4
Nov 13, 2025Adams Joseph P. Jr.CEO and ChairmanBuy2,000$155.91$311.8KForm 4
May 5, 2025TUCHMAN MARTINDirectorBuy1,000$99.19$99.2KForm 4
May 2, 2025Kuperus StacyChief Operating OfficerBuy1,087$92.90$101.0KForm 4
May 2, 2025Moreno DavidPresidentBuy6,580$94.85$624.1KForm 4
May 2, 2025Adams Joseph P. Jr.CEO and ChairmanBuy3,000$94.54$283.6KForm 4
Feb 28, 2025TUCHMAN MARTINDirectorBuy2,200$128.79$283.3KForm 4
Nov 22, 2024GOODWIN PAUL RDirectorSale20,000$174.36$3.5MForm 4
May 30, 2024Adams Joseph P. Jr.CEO and ChairmanBuy59,000$82.00$4.8MForm 4
Mar 15, 2023TUCHMAN MARTINDirectorBuy40,000$25.00$1.0MForm 4
Nov 9, 2022Adams Joseph P. Jr.CEO and ChairmanBuy25,000$18.00$450.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 5, 2026Brian BabinRepublican, HousePartial sale$50,001 - $100,000+37.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42