Q4 24 EPS
$0.84
MISS 3.85%
Est. $0.87
Q4 24 Revenue
$498.8M
MISS 3.52%
Est. $517.0M
vs S&P Since Q4 24
+67.6%
BEATING MARKET
FTAI +93.1% vs S&P +25.5%
Full Year 2024 Results
FY 24 EPS
$-0.32
MISS 110.13%
Est. $3.16
FY 24 Revenue
$1.73B
MISS 0.32%
Est. $1.74B
Market Reaction
Did FTAI Beat Earnings? Q4 2024 Results
FTAI Aviation delivered a mixed fourth quarter, falling short of Wall Street expectations on both the top and bottom lines as revenue of $498.82 million, up 57.6% year over year, came in 3.52% below the $517.02 million consensus, while diluted EPS of… Read more FTAI Aviation delivered a mixed fourth quarter, falling short of Wall Street expectations on both the top and bottom lines as revenue of $498.82 million, up 57.6% year over year, came in 3.52% below the $517.02 million consensus, while diluted EPS of $0.84 missed the $0.87 estimate by 3.85%. The headline shortfall, however, obscured genuine operational momentum; Adjusted EBITDA climbed 55% to $252.01 million in the quarter, powered largely by the Aerospace Products segment, which more than doubled its full-year Adjusted EBITDA to $380.64 million. Net income attributable to shareholders declined to $86.69 million from $110.03 million a year ago, a comparison distorted by a $67.39 million tax benefit that had bolstered the prior-year figure. The results arrive amid heightened investor scrutiny following short-seller allegations of accounting irregularities, which the company's Audit Committee has characterized as groundless. Looking ahead, FTAI guided 2025 Adjusted EBITDA of approximately $1.10 to $1.15 billion and raised its 2026 target to $1.40 billion, underpinned by expanding maintenance capacity and the newly launched Strategic Capital Initiative.
Key Takeaways
- • Aerospace Products segment net income up 92% YoY to $346 million for FY 2024
- • Aerospace Products Adjusted EBITDA up 138% YoY for FY 2024
- • Total revenue growth of 60% YoY in Q4 2024
- • Expansion of Maintenance, Repair and Exchange capabilities
FTAI YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
FTAI Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the last quarter, we delivered outstanding financial performance across the board, and I am pleased to see the continued strength of our Aerospace Products and Aviation Leasing segments. We significantly expanded our Maintenance, Repair and Exchange capabilities and added financial firepower and flexibility with the successful launch of our Strategic Capital Initiative. Looking ahead to 2025, we are confident in our ability to take advantage of the tremendous market opportunity in our Aerospace Products business and deliver strong returns for our shareholders.”
— Joe Adams, Q4 2024 Earnings Press Release
FTAI Earnings Trends
FTAI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FTAI EPS Trend
Earnings per share: estimate vs actual
FTAI Revenue Trend
Quarterly revenue: estimate vs actual
FTAI Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $1.60 | $1.29 | -19.27% | $830.7M | +13.25% |
| Q4 25 MISS FY | $1.18 | $1.08 | -8.50% | $662.0M | -4.89% |
| FY Full Year | $4.77 | $4.60 | -3.61% | $2.51B | -1.62% |
| Q3 25 MISS | $1.20 | $1.10 | -8.41% | $667.1M | +1.43% |
| Q2 25 BEAT | $1.39 | $1.57 | +12.79% | $676.2M | +23.78% |
| Q1 25 BEAT | $0.88 | $0.88 | +0.48% | $502.1M | -11.56% |
| Q4 24 MISS FY | $0.87 | $0.84 | -3.85% | $498.8M | -3.52% |
| FY Full Year | $3.16 | $-0.32 | -110.13% | $1.73B | -0.32% |
| Q3 24 MISS | $0.77 | $0.76 | -1.30% | $465.8M | +10.26% |
| Q2 24 MISS | $0.32 | $-2.26 | -806.25% | $443.6M | +22.46% |
| Q1 24 MISS | $0.38 | $0.31 | -18.42% | $326.7M | +0.00% |
| Q4 23 BEAT FY | $0.44 | $1.09 | +147.73% | $312.7M | +0.00% |
| FY Full Year | — | $2.11 | — | $1.17B | — |
| Q3 23 MISS | $0.42 | $0.33 | -21.43% | $291.1M | -3.26% |
| Q2 23 BEAT | $0.30 | $0.46 | +53.33% | $274.3M | +0.00% |