FTAI Q1 2024 Earnings — FTAI Aviation Ltd. Revenue & Financial Results | Market Cap Arena

FTAIFTAI Aviation Ltd.

$28B

Q1 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$331M+11.4% YoY

Gross Profit

$109M32.9% margin

Operating Income

$100M30.3% margin

Net Income

$40M12.0% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

-$345,000

Free Cash Flow

-$279M

Stock-Based Comp.

$510,000

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$3.0B

Stockholders' Equity

$177M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$331M	$297M	+11.4%
Gross Profit	$109M	$84M	+29.2%
Operating Income	$100M	$77M	+30.8%
Net Income	$40M	$29M	+34.8%

Revenue Segments

Aerospace Products Revenue

$189M66%

Equipment Leasing Revenues

$53M18%

Maintenance

$46M16%

Geographic Segments

Europe

$139M42%

North America

$102M31%

Asia

$56M17%

South America

$23M7%

Africa

$7M2%