FTAI Aviation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,186	1,536	854.25	506.68	325.98	297.93
Other Revenue	157.98	198.93	316.64	201.74	9.6	-
Revenue	2,344	1,735	1,171	708.41	335.58	297.93
Revenue Growth (YoY)	51.35%	48.17%	65.29%	111.10%	12.64%	-48.52%
Cost of Revenue	1,379	941.75	612.3	380.65	73.92	40.12
Gross Profit	965.13	793.16	558.6	327.76	261.66	257.81
Selling, General & Admin	10.95	22.71	31.74	17.73	14.13	19.55
Operating Expenses	235.71	240.78	201.61	170.64	161.87	160.84
Operating Income	729.43	552.38	356.99	157.12	99.79	96.98
Interest Expense	-247.67	-221.72	-161.64	-169.19	-155.02	-87.44
Earnings From Equity Investments	-17.24	-2.2	-1.61	-0.37	-1.4	-1.93
Other Non Operating Income (Expenses)	23.82	17.36	7.59	0.21	-0.49	0.09
EBT Excluding Unusual Items	488.33	345.82	201.33	-12.24	-57.12	7.7
Merger & Restructuring Charges	-27.6	-332.3	-15.19	-13.21	-17.91	-9.87
Gain (Loss) on Sale of Assets	68.79	18.71	-	77.21	49.02	-0.3
Asset Writedown	-	-0.96	-2.12	-137.22	-10.46	-33.98
Other Unusual Items	-3.18	-17.1	-	-19.86	-3.25	-6.94
Pretax Income	580.63	14.17	184.02	-105.31	-39.74	-43.39
Income Tax Expense	92.68	5.49	-59.8	5.3	3.13	-4.34
Earnings From Continuing Operations	487.95	8.68	243.82	-110.61	-42.86	-39.05
Earnings From Discontinued Operations	-	-	-	-82.6	-61.37	-48.12
Net Income to Company	487.95	8.68	243.82	-193.21	-104.23	-87.17
Net Income	487.95	8.68	243.82	-193.21	-104.23	-87.17
Preferred Dividends & Other Adjustments	35.62	40.76	31.8	27.16	24.76	17.87
Net Income to Common	452.33	-32.08	212.02	-220.37	-128.99	-105.04
Net Income Growth	1884.02%	-96.44%	-	-	-	-
Shares Outstanding (Basic)	103	102	100	99	90	86
Shares Outstanding (Diluted)	104	102	100	99	90	86
Shares Change (YoY)	2.62%	1.11%	1.01%	10.56%	4.54%	-0.02%
EPS (Basic)	4.41	-0.32	2.12	-2.22	-1.43	-1.22
EPS (Diluted)	4.36	-0.32	2.11	-2.22	-1.43	-1.22
Free Cash Flow	-1,182	-1,423	-649.47	-806.07	-606.73	-451.15
Free Cash Flow Per Share	-11.41	-14.02	-6.47	-8.11	-6.75	-5.25
Dividend Per Share	1.250	1.200	1.200	1.260	1.320	1.320
Dividend Growth	4.17%	-	-4.76%	-4.54%	-	-
Gross Margin	41.17%	45.72%	47.71%	46.27%	77.97%	86.53%
Operating Margin	31.12%	31.84%	30.49%	22.18%	29.74%	32.55%
Profit Margin	19.30%	-1.85%	18.11%	-31.11%	-38.44%	-35.26%
Free Cash Flow Margin	-50.44%	-82.02%	-55.47%	-113.79%	-180.80%	-151.43%
EBITDA	964.19	786.04	541.99	364.29	306.54	242.01
EBITDA Margin	41.13%	45.31%	46.29%	51.42%	91.34%	81.23%
D&A For EBITDA	234.76	233.66	185	207.17	206.75	145.03
EBIT	729.43	552.38	356.99	157.12	99.79	96.98
EBIT Margin	31.12%	31.84%	30.49%	22.18%	29.74%	32.55%
Effective Tax Rate	15.96%	38.73%	-	-	-	-
Revenue as Reported	2,344	1,735	1,171	708.41	335.58	-

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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