Financial Snapshot

Revenue
$1.549B
TTM
Gross Margin
54.49%
TTM
Net Earnings
$7.924M
TTM
Current Assets
$769.2M
Q3 2024
Current Liabilities
$239.5M
Q3 2024
Current Ratio
321.15%
Q3 2024
Total Assets
$3.739B
Q3 2024
Total Liabilities
$3.620B
Q3 2024
Book Value
$118.5M
Q3 2024
Cash
$111.9M
Q3 2024
P/E
2.134K
Nov 29, 2024 EST
Free Cash Flow
-$877.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.171B $708.4M $455.8M $366.5M $578.8M $342.1M $217.7M $148.7M $136.6M $57.93M $19.53M $3.500M
YoY Change 65.28% 55.42% 24.37% -36.68% 69.18% 57.18% 46.35% 8.9% 135.75% 196.62% 458.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.171B $708.4M $455.8M $366.5M $578.8M $342.1M $217.7M $148.7M $136.6M $57.93M $19.53M $3.500M
Cost Of Revenue $502.1M $248.4M $16.32M $18.50M $36.10M $15.70M $15.70M $16.70M $15.00M $5.500M $2.200M $1.800M
Gross Profit $668.8M $460.0M $439.5M $348.0M $542.7M $326.4M $169.3M $132.0M $121.6M $52.50M $17.30M $1.700M
Gross Profit Margin 57.12% 64.94% 96.42% 94.95% 93.77% 95.41% 77.78% 88.76% 89.04% 90.63% 88.58% 48.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $13.70M $14.20M $17.41M $18.20M $20.40M $17.10M $14.60M $12.30M $7.600M $2.000M $800.0K $1.700M
YoY Change -3.52% -18.43% -4.35% -10.78% 19.3% 17.12% 18.7% 61.84% 280.0% 150.0% -52.94%
% of Gross Profit 2.05% 3.09% 3.96% 5.23% 3.76% 5.24% 8.62% 9.32% 6.25% 3.81% 4.62% 100.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $169.9M $152.9M $201.8M $172.4M $169.0M $133.9M $86.07M $60.21M $45.31M $16.00M $3.909M $1.400M
YoY Change 11.09% -24.21% 17.03% 2.0% 26.22% 55.57% 42.95% 32.89% 183.21% 309.26% 179.21%
% of Gross Profit 25.4% 33.24% 45.91% 49.54% 31.14% 41.03% 50.84% 45.61% 37.26% 30.47% 22.6% 82.35%
Operating Expenses $293.7M $299.4M $172.5M $109.5M $291.6M $138.4M $62.42M $66.17M $68.79M $27.22M $3.157M $2.700M
YoY Change -1.89% 73.6% 57.48% -62.44% 110.66% 121.74% -5.67% -3.81% 152.7% 762.31% 16.93%
Operating Profit $375.0M $160.6M $267.0M $238.5M $251.1M $188.0M $106.9M $65.83M $52.81M $25.28M $14.14M -$1.000M
YoY Change 133.48% -39.84% 11.96% -5.03% 33.58% 75.89% 62.36% 24.66% 108.91% 78.72% -1514.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $161.6M $169.2M $171.0M $98.21M $95.59M $56.85M $37.80M $18.96M $19.31M $5.872M $2.816M $3.200M
YoY Change -4.47% -1.08% 74.16% 2.74% 68.15% 50.39% 99.39% -1.83% 228.87% 108.52% -12.0%
% of Operating Profit 43.1% 105.33% 64.05% 41.18% 38.06% 30.24% 35.36% 28.8% 36.57% 23.23% 19.91%
Other Income/Expense, Net $5.984M $57.19M $23.83M -$16.78M $204.9M $7.374M $18.30M -$8.342M -$2.932M $13.88M $18.91M
YoY Change -89.54% 140.03% -241.97% -108.19% 2678.02% -59.7% -319.34% 184.52% -121.13% -26.61%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income $184.0M -$105.3M -$131.8M -$110.9M $152.1M -$17.66M -$20.55M -$40.33M -$28.05M $3.792M $25.28M $2.200M
YoY Change -274.74% -20.08% 18.78% -172.92% -961.6% -14.07% -49.05% 43.8% -839.58% -85.0% 1049.05%
Income Tax -$59.80M $5.300M -$1.057M -$5.905M $17.81M $2.449M $1.954M $268.0K $586.0K $874.0K $0.00 $0.00
% Of Pretax Income -32.5% 11.71% 23.05% 0.0% 0.0%
Net Earnings $243.8M -$212.0M -$130.7M -$105.0M $223.3M $5.882M $134.0K -$20.06M -$11.83M $7.780M $24.82M $2.200M
YoY Change -214.99% 62.22% 24.44% -147.05% 3695.82% 4289.55% -100.67% 69.66% -252.01% -68.66% 1028.23%
Net Earnings / Revenue 20.82% -29.93% -28.68% -28.66% 38.58% 1.72% 0.06% -13.49% -8.66% 13.43% 127.09% 62.86%
Basic Earnings Per Share $0.07 $0.00 -$0.26 -$0.18 $0.15
Diluted Earnings Per Share $2.11 -$2.21 -$1.159M -$1.014M $2.617M $0.07 $0.00 -$0.26 -$0.18 $0.15 $337.4K $29.93K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $90.76M $33.60M $188.1M $121.7M $226.5M $99.60M $59.40M $68.10M $381.7M $22.10M $7.200M $4.100M
YoY Change 170.11% -82.14% 54.54% -46.27% 127.41% 67.68% -12.78% -82.16% 1627.15% 206.94% 75.61%
Cash & Equivalents $90.76M $33.60M $188.1M $121.7M $226.5M $99.60M $59.40M $68.10M $381.7M $22.10M $7.200M $4.100M
Short-Term Investments
Other Short-Term Assets $21.20M $33.40M $65.40M $21.60M $21.10M $1.100M $0.00
YoY Change -36.53% -48.93% 202.78% 2.37% 1818.18%
Inventory $316.6M $163.7M $6.800M $100.0K
Prepaid Expenses
Receivables $115.2M $99.40M $175.2M $91.70M $49.50M $46.40M $31.10M $21.40M $14.50M $9.600M $2.600M $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $522.5M $296.7M $370.1M $213.5M $276.0M $167.2M $123.9M $154.9M $417.8M $52.80M $10.90M $4.100M
YoY Change 76.12% -19.83% 73.35% -22.64% 65.07% 34.95% -20.01% -62.92% 691.29% 384.4% 165.85%
Property, Plant & Equipment $2.081B $1.927B $3.523B $2.662B $2.477B $2.094B $1.564B $1.118B $936.4M $737.7M $107.0M $29.00M
YoY Change 8.01% -45.31% 32.34% 7.49% 18.26% 33.89% 39.95% 19.35% 26.94% 589.44% 268.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $22.72M $22.00M $77.33M $146.5M $180.6M $40.60M $42.50M $40.00M $10.70M $319.6M $32.70M $55.90M
YoY Change 3.28% -71.55% -47.22% -18.88% 344.83% -4.47% 6.25% 273.83% -96.65% 877.37% -41.5%
Other Assets $7.950M $21.40M $273.4M $49.80M $16.00M $56.70M $1.000M
YoY Change -62.85% -92.17% 448.96% 211.25% -71.78%
Total Long-Term Assets $2.442B $2.133B $4.494B $3.175B $2.961B $2.472B $1.832B $1.392B $1.227B $1.351B $267.7M $166.5M
YoY Change 14.5% -52.54% 41.56% 7.21% 19.8% 34.92% 31.56% 13.48% -9.21% 404.82% 60.78%
Total Assets $2.965B $2.430B $4.864B $3.388B $3.237B $2.639B $1.956B $1.547B $1.645B $1.404B $278.6M $170.6M
YoY Change
Accounts Payable $112.9M $86.50M $202.7M $113.2M $144.9M $100.7M $68.20M $38.20M $35.00M $42.80M $5.000M $1.500M
YoY Change 30.53% -57.32% 79.04% -21.88% 43.89% 47.65% 78.53% 9.14% -18.22% 756.0% 233.33%
Accrued Expenses $73.59M $62.00M $37.00M $0.00
YoY Change 18.7% 67.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $100.5M $0.00 $182.0M $49.40M $7.800M $6.700M
YoY Change -100.0% -100.0% 268.42% 533.33%
Total Short-Term Liabilities $154.0M $119.3M $416.9M $212.3M $409.2M $188.6M $103.3M $58.10M $51.00M $56.40M $8.400M $9.200M
YoY Change 29.06% -71.39% 96.39% -48.12% 116.97% 82.58% 77.8% 13.92% -9.57% 571.43% -8.7%
Long-Term Debt $2.517B $2.176B $3.120B $1.905B $1.239B $1.166B $695.5M $259.5M $266.2M $592.9M $73.40M $49.30M
YoY Change 15.7% -30.26% 63.78% 53.75% 6.28% 67.61% 168.02% -2.52% -55.1% 707.77% 48.88%
Other Long-Term Liabilities $117.5M $115.2M $203.1M $171.6M $250.1M $230.7M $122.0M $63.90M $36.90M $41.40M $1.000M $0.00
YoY Change 1.99% -43.29% 18.37% -31.39% 8.41% 89.1% 90.92% 73.17% -10.87% 4040.0%
Total Long-Term Liabilities $2.635B $2.291B $3.323B $2.076B $1.489B $1.396B $817.5M $323.4M $303.1M $634.3M $74.40M $49.30M
YoY Change 15.01% -31.06% 60.03% 39.45% 6.63% 70.81% 152.78% 6.7% -52.22% 752.55% 50.91%
Total Liabilities $2.789B $2.411B $3.740B $2.311B $1.935B $1.641B $1.009B $493.5M $478.5M $789.8M $86.20M $58.60M
YoY Change 15.71% -35.54% 61.79% 19.45% 17.89% 62.72% 104.4% 3.13% -39.42% 816.24% 47.1%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $16.914 Billion

About FTAI Aviation Ltd.

FTAI Aviation is a supplier of CFM56 engines, modules, and materials. The company is headquartered in New York City, New York and currently employs 170 full-time employees. The company went IPO on 2015-05-14. Its segments include Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers. The Aerospace Products segment develops and manufactures through a joint venture, and repairs and sells, through its maintenance facility and arrangements, aftermarket components for aircraft engines for the CFM56-7B, CFM56-5B and V2500 commercial aircraft engines. Its propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to its airline, lessor, and maintenance, repair, and operations customer base. The company also owns and leases jet aircraft which often facilitates the acquisition of engines. The company invests in aviation assets and aerospace products. The company owns and manages 391 aviation assets.

Industry: Services-Miscellaneous Equipment Rental & Leasing Peers: BOISE CASCADE Co Custom Truck One Source, Inc. FASTENAL CO GLOBAL INDUSTRIAL Co GMS Inc. H&E Equipment Services, Inc. MCGRATH RENTCORP DNOW Inc. RUSH ENTERPRISES INC \TX\ Veritiv Corp