Skip to content
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

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

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-200M
202020232025
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 the five years to FY2025.

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%
202020222025
ROE
FY2022 · ROE -18.6%
-5%-10%-15%
202020222025
Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Cash & shareholders

USD 13.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -398.5
-150M-300M
202020222025
Net buybacks $M Dividends $M
FY2025 · Dividends 13.8 · Net buybacks ·
5M10M
202020212022202320242025

USD 13.8M in dividends — Not available: we don't have a clean profit figure for this period.

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—not applicable◌not available in our data
FIP, 6-year financial record
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 %◌◌◌−18.6−8.7−7.2
Shares out B0.120.110.100.10◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 1 failure in 22 reconciliationsAUDITED

Reconciled in 5 of the 6 fiscal years we could check. 28 checks were skipped: the balance sheet is not tagged before 2021. 13 checks were skipped: EPS is not tagged before 2020.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityRailroads, Line-Haul Operating
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2020

Share this section

Download image