FTAI Q2 2024 Earnings — FTAI Aviation Ltd. Revenue & Financial Results | Market Cap Arena

FTAIFTAI Aviation Ltd.

$28B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$447M+61.0% YoY

Gross Profit

$152M34.0% margin

Operating Income

$145M32.5% margin

Net Income

-$220M-49.1% margin

EPS (Diluted)

$-2.18

QoQ Revenue Growth

+35.3%

Cash Flow

Operating Cash Flow

-$187M

Free Cash Flow

-$348M

Stock-Based Comp.

$638,000

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$3.4B

Stockholders' Equity

$70M

Cash & Equivalents

$170M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$447M	$278M	+61.0%
Gross Profit	$152M	$107M	+42.0%
Operating Income	$145M	$98M	+48.8%
Net Income	-$220M	$55M	-501.6%

Revenue Segments

Aerospace Products Revenue

$245M67%

Equipment Leasing Revenues

$71M19%

Maintenance

$51M14%

Geographic Segments

Europe

$212M48%

North America

$132M30%

Asia

$76M17%

South America

$19M4%

Africa

$4M1%