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MARKETS / NASDAQ / FIP
NASDAQ · RAILROADS, LINE-HAUL OPERATING · LARGE CAP

Ftai Infrastructure Inc. FIP

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$502.5M
▲ 51.6% YoY
$-152.1M
$-398.5M
In brief

What this company does

FTAI Infrastructure Inc. acquires, develops and operates assets and businesses for customers in the transportation, energy and industrial products industries. As of December 31, 2025, it had total consolidated assets of $5.7 billion and redeemable preferred stock and equity of $944.0 million. Its operations consist of four primary business lines: Railroad, Ports and Terminals, Power and Gas, and Sustainability and Energy Transition. It was formed on December 13, 2021 as FTAI Infrastructure LLC, a Delaware limited liability company and subsidiary of FTAI Aviation Ltd., previously Fortress Transportation and Infrastructure Investors LLC.

Written from the business description in FTAI Infrastructure Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 502.5M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 502.5 · Net income -152.1
200M400M-100M-200M202020212022202320242025
Compound annual growth
+24.3%
+48.9%
+64.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +48.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−30 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -30.9% · Net -30.3%
-50%-100%202020212022202320242025
ROE
FY2022 · ROE -18.6%
-5%-10%-15%202020212022202320242025

Cash & shareholders
USD 13.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -398.5
-200M202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 13.8 · Net buybacks —
5M10M202020212022202320242025

USD 13.8M in dividends went back to shareholders.

Total assetsUSD 5.7B
EquityUSD 21.3M
CashUSD 57.4M
Gross debtUSD 3.8B
Net debtUSD 3.7B
DepositsUSD 3.8M

Net debt stands at 17430% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.50.30.30.30.10.1
Operating income $B−0.2−0.3−0.2−0.2−0.1−0.1
EBITDA $B−0.0−0.2−0.1−0.1−0.1−0.0
Income tax $B−0.00.00.00.0−0.0−0.0
Net income $B−0.2−0.3−0.2−0.2−0.1−0.1
Free cash flow $B−0.4−0.1−0.1−0.3−0.2−0.3
EPS, diluted $−2.26−2.72−1.79−1.73−0.80−0.56
Dividend / sh $······
Payout %···−2−0−0
ROE %···−18.6−7.3·
Shares out B0.120.110.100.10··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 1 failures in 22 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 54 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityRailroads, Line-Haul Operating
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2020

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