(FIP) FTAI Infrastructure - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US35953C1062

Terminal, Railroad, Storage, Port, Energy

EPS (Earnings per Share)

EPS (Earnings per Share) of FIP over the last years for every Quarter: "2020-12": null, "2021-03": null, "2021-06": null, "2021-09": -0.62, "2021-12": null, "2022-03": null, "2022-06": -0.18, "2022-09": -0.43, "2022-12": -0.59, "2023-03": -0.4, "2023-06": -0.38, "2023-09": -0.55, "2023-12": -0.47, "2024-03": -0.54, "2024-06": -0.52, "2024-09": -0.45, "2024-12": -1.24, "2025-03": 0.89, "2025-06": -0.73, "2025-09": -1.38,

Revenue

Revenue of FIP over the last years for every Quarter: 2020-12: null, 2021-03: 20.542, 2021-06: 15.344, 2021-09: 36.788, 2021-12: 47.545, 2022-03: 46.148, 2022-06: 65.867999, 2022-09: 78.559, 2022-12: 71.391, 2023-03: 76.494, 2023-06: 81.832, 2023-09: 80.706, 2023-12: 81.44, 2024-03: 82.535, 2024-06: 84.887, 2024-09: 83.311, 2024-12: 80.764, 2025-03: 96.161, 2025-06: 122.286, 2025-09: 140.556,

Dividends

Dividend Yield 2.93%
Yield on Cost 5y 4.38%
Yield CAGR 5y 0.00%
Payout Consistency 98.3%
Payout Ratio -
Risk via 10d forecast
Volatility 77.2%
Value at Risk 5%th 116%
Relative Tail Risk -8.60%
Reward TTM
Sharpe Ratio -0.69
Alpha -71.95
CAGR/Max DD 0.20
Character TTM
Hurst Exponent 0.426
Beta 1.464
Beta Downside 1.555
Drawdowns 3y
Max DD 67.97%
Mean DD 20.48%
Median DD 13.03%

Description: FIP FTAI Infrastructure October 21, 2025

FTAI Infrastructure Inc. (NASDAQ: FIP) is a U.S.–based holding company that acquires, develops, and operates mid-stream infrastructure assets serving transportation, energy, and industrial customers across North America. Its portfolio is organized into five segments: Railroad, Jefferson Terminal, Repauno, Power & Gas, and Sustainability & Energy Transition.

The firm controls a multi-modal crude-oil and refined-products terminal, a 1,630-acre deep-water port on the Delaware River (featuring an underground storage cavern, rail-to-ship transloading, and industrial-site development options) and a 1,660-acre multi-modal port on the Ohio River (with rail access, dock facilities, and a power-plant development pipeline). In addition, FIP operates six short-line freight railroads plus a switching facility, and is expanding into waste-plastic-to-renewable-fuel conversion, lithium-ion battery recycling, hydrogen-fueled power generation, and carbon-capture projects.

According to the most recent 10-K (FY 2023), the company reported approximately $210 million in revenue, a 12 % year-over-year increase driven largely by higher terminal throughput and rail freight volumes. EBITDA margin hovered around 18 %, while net debt stood at roughly $620 million, yielding a debt-to-EBITDA ratio of 3.5×-a level that is typical for capital-intensive infrastructure firms but warrants monitoring given rising interest-rate environments. Key macro drivers include U.S. infrastructure spending (the bipartisan infrastructure law is expected to boost demand for rail and terminal capacity), the ongoing energy-transition shift toward low-carbon fuels, and sustained freight-volume growth from e-commerce logistics.

For a deeper quantitative breakdown, ValueRay’s platform provides a granular view of FIP’s valuation metrics and scenario analyses, which can help you assess the risk-adjusted upside of the business.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income (-134.6m TTM) > 0 and > 6% of Revenue (6% = 26.4m TTM)
FCFTA -0.03 (>2.0%) and ΔFCFTA 0.36pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -301.9% (prev 22.09%; Δ -324.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.02 (>3.0%) and CFO -123.3m > Net Income -134.6m (YES >=105%, WARN >=100%)
Net Debt (3.76b) to EBITDA (108.8m) ratio: 34.57 <= 3.0 (WARN <= 3.5)
Current Ratio 0.25 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (115.6m) change vs 12m ago 5.32% (target <= -2.0% for YES)
Gross Margin 8.73% (prev 5.28%; Δ 3.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 11.15% (prev 13.63%; Δ -2.48pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.02 (EBITDA TTM 108.8m / Interest Expense TTM 208.9m) >= 6 (WARN >= 3)

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 (Balance) -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
Total Rating: -1.97 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 31.21

1. Piotroski 1.0pt
2. FCF Yield -3.56%
3. FCF Margin -34.38%
4. Debt/Equity 11.38
5. Debt/Ebitda 34.57
6. ROIC - WACC (= -3.23)%
7. RoE -18.90%
8. Rev. Trend 87.87%
9. EPS Trend -11.17%

What is the price of FIP shares?

As of November 29, 2025, the stock is trading at USD 4.28 with a total of 1,405,410 shares traded.
Over the past week, the price has changed by +2.88%, over one month by -20.19%, over three months by -10.77% and over the past year by -49.29%.

Is FIP a buy, sell or hold?

FTAI Infrastructure has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy FIP.
  • Strong Buy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the FIP price?

Issuer Target Up/Down from current
Wallstreet Target Price 11.7 172.7%
Analysts Target Price 11.7 172.7%
ValueRay Target Price 4.2 -1.2%

FIP Fundamental Data Overview November 26, 2025

Market Cap USD = 482.6m (482.6m USD * 1.0 USD.USD)
P/E Forward = 18.8679
P/S = 1.0974
P/B = 2.5628
Beta = 1.974
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 = 4.25b USD (482.6m + Debt 3.80b - CCE 34.7m)
Interest Coverage Ratio = -0.02 (Ebit TTM -4.21m / Interest Expense TTM 208.9m)
FCF Yield = -3.56% (FCF TTM -151.2m / Enterprise Value 4.25b)
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 = 0.78 (Enterprise Value 4.25b / Total Assets 5.45b)
Interest Expense / Debt = 1.93% (Interest Expense 73.3m / Debt 3.80b)
Taxrate = -5.11% (negative due to tax credits) (5.08m / -99.5m)
NOPAT = -4.43m (EBIT -4.21m * (1 - -5.11%)) [loss with tax shield] [negative tax rate / tax credits]
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 = -2.47% (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 = -0.14% (negative operating profit) (NOPAT -4.43m / Invested Capital 3.10b)
WACC = 3.09% (E(482.6m)/V(4.28b) * Re(11.41%) + D(3.80b)/V(4.28b) * Rd(1.93%) * (1-Tc(-0.05)))
Discount Rate = 11.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.70%
Fair Price DCF = unknown (Cash Flow -151.2m)
EPS Correlation: -11.17 | EPS CAGR: -53.94% | SUE: -1.32 | # QB: 0
Revenue Correlation: 87.87 | Revenue CAGR: 33.52% | SUE: -0.99 | # QB: 0

Additional Sources for FIP Stock

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