(FIP) FTAI Infrastructure - Overview
Stock: Railroad, Terminal, Port, Storage, Power
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.46% |
| Yield on Cost 5y | 4.38% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 97.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 69.7% |
| Relative Tail Risk | -7.80% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.07 |
| Alpha | -37.78 |
| Character TTM | |
|---|---|
| Beta | 1.535 |
| Beta Downside | 1.471 |
| Drawdowns 3y | |
|---|---|
| Max DD | 67.97% |
| CAGR/Max DD | 0.34 |
Description: FIP FTAI Infrastructure December 24, 2025
FTAI Infrastructure Inc. (NASDAQ:FIP) is a newly formed (2021) North-American infrastructure platform that acquires, develops, and operates assets serving transportation, energy, and industrial customers. Its operations are organized into five segments: Railroad; Jefferson Terminal; Repauno; Power & Gas; and Sustainability & Energy Transition. The company runs a multi-modal crude oil and refined-products terminal, a 1,630-acre deep-water port on the Delaware River with underground storage, rail-to-ship transloading, and industrial development options, plus a 1,660-acre Ohio River port with similar capabilities and a power-plant site. Additionally, FIP manages six short-line freight railroads, a switching facility, and emerging businesses in waste-plastic-to-renewable-fuel conversion, lithium-ion battery recycling, hydrogen-fueled power generation, and carbon capture.
Key metrics and sector drivers to watch: (1) FY 2024 revenue was approximately $210 million, with a 12 % year-over-year increase driven largely by higher terminal throughput and rail freight volumes; (2) U.S. infrastructure spending is projected to exceed $1.2 trillion through 2028, supporting demand for multimodal logistics hubs; (3) The renewable-energy transition is boosting interest in hydrogen and carbon-capture projects, where FIP’s Sustainability segment could capture a growing share of a market estimated to reach $30 billion by 2030.
For a deeper dive into FIP’s valuation metrics and comparable peers, see the ValueRay analysis.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income: -134.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA 0.36 > 1.0 |
| NWC/Revenue: -301.9% < 20% (prev 22.09%; Δ -324.0% < -1%) |
| CFO/TA -0.02 > 3% & CFO -123.3m > Net Income -134.6m |
| Net Debt (3.76b) to EBITDA (108.8m): 34.57 < 3 |
| Current Ratio: 0.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (115.6m) vs 12m ago 5.32% < -2% |
| Gross Margin: 8.73% > 18% (prev 0.05%; Δ 867.9% > 0.5%) |
| Asset Turnover: 11.15% > 50% (prev 13.63%; Δ -2.48% > 0%) |
| Interest Coverage Ratio: -0.02 > 6 (EBITDA TTM 108.8m / Interest Expense TTM 208.9m) |
Altman Z'' -1.97
| A: -0.24 (Total Current Assets 442.8m - Total Current Liabilities 1.77b) / Total Assets 5.45b |
| B: -0.08 (Retained Earnings -438.6m / Total Assets 5.45b) |
| C: -0.00 (EBIT TTM -4.21m / Avg Total Assets 3.94b) |
| D: -0.09 (Book Value of Equity -493.7m / Total Liabilities 5.28b) |
| Altman-Z'' Score: -1.97 = D |
Beneish M -2.95
| DSRI: 0.90 (Receivables 65.6m/55.2m, Revenue 439.8m/332.2m) |
| GMI: 0.60 (GM 8.73% / 5.28%) |
| AQI: 1.48 (AQ_t 0.30 / AQ_t-1 0.20) |
| SGI: 1.32 (Revenue 439.8m / 332.2m) |
| TATA: -0.00 (NI -134.6m - CFO -123.3m) / TA 5.45b) |
| Beneish M-Score: -2.95 (Cap -4..+1) = A |
What is the price of FIP shares?
Over the past week, the price has changed by -6.13%, over one month by +19.26%, over three months by +3.36% and over the past year by -11.50%.
Is FIP a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FIP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11.7 | 100.5% |
| Analysts Target Price | 11.7 | 100.5% |
| ValueRay Target Price | 6.5 | 11% |
FIP Fundamental Data Overview January 27, 2026
P/S = 1.6792
P/B = 4.0786
Revenue TTM = 439.8m USD
EBIT TTM = -4.21m USD
EBITDA TTM = 108.8m USD
Long Term Debt = 2.21b USD (from longTermDebt, last quarter)
Short Term Debt = 1.52b USD (from shortTermDebt, last quarter)
Debt = 3.80b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.76b USD (from netDebt column, last quarter)
Enterprise Value = 4.50b USD (738.5m + Debt 3.80b - CCE 34.7m)
Interest Coverage Ratio = -0.02 (Ebit TTM -4.21m / Interest Expense TTM 208.9m)
EV/FCF = -29.77x (Enterprise Value 4.50b / FCF TTM -151.2m)
FCF Yield = -3.36% (FCF TTM -151.2m / Enterprise Value 4.50b)
FCF Margin = -34.38% (FCF TTM -151.2m / Revenue TTM 439.8m)
Net Margin = -30.62% (Net Income TTM -134.6m / Revenue TTM 439.8m)
Gross Margin = 8.73% ((Revenue TTM 439.8m - Cost of Revenue TTM 401.4m) / Revenue TTM)
Gross Margin QoQ = 19.19% (prev 8.32%)
Tobins Q-Ratio = 0.83 (Enterprise Value 4.50b / Total Assets 5.45b)
Interest Expense / Debt = 1.93% (Interest Expense 73.3m / Debt 3.80b)
Taxrate = 21.0% (US default 21%)
NOPAT = -3.33m (EBIT -4.21m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.25 (Total Current Assets 442.8m / Total Current Liabilities 1.77b)
Debt / Equity = 11.38 (Debt 3.80b / totalStockholderEquity, last quarter 333.7m)
Debt / EBITDA = 34.57 (Net Debt 3.76b / EBITDA 108.8m)
Debt / FCF = -24.89 (negative FCF - burning cash) (Net Debt 3.76b / FCF TTM -151.2m)
Total Stockholder Equity = 712.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.41% (Net Income -134.6m / Total Assets 5.45b)
RoE = -18.90% (Net Income TTM -134.6m / Total Stockholder Equity 712.2m)
RoCE = -0.14% (EBIT -4.21m / Capital Employed (Equity 712.2m + L.T.Debt 2.21b))
RoIC = -0.11% (negative operating profit) (NOPAT -3.33m / Invested Capital 3.10b)
WACC = 3.16% (E(738.5m)/V(4.54b) * Re(11.57%) + D(3.80b)/V(4.54b) * Rd(1.93%) * (1-Tc(0.21)))
Discount Rate = 11.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.70%
Fair Price DCF = unknown (Cash Flow -151.2m)
EPS Correlation: 1.65 | EPS CAGR: 16.32% | SUE: 0.62 | # QB: 0
Revenue Correlation: 87.60 | Revenue CAGR: 33.52% | SUE: -0.99 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.36 | Chg30d=-0.013 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=-1.19 | Chg30d=-0.047 | Revisions Net=-1 | Growth EPS=+0.0% | Growth Revenue=+57.6%