FTAI Aviation Ltd. (FTAI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.59B | 2.11B | 2.03B | 1.76B | 1.87B | 1.23B | 769.37M | 696.97M | 548.24M | 522.7M | 435.54M | 370.72M | 347.33M | 316.18M | 327.63M | 463.37M | 464.78M | 363.44M | 665.13M | 319.07M |
| Cash & Short-Term Investments | 412.24M | 300.48M | 509.94M | 301.91M | 112.13M | 115.12M | 112.04M | 169.63M | 65.37M | 90.91M | 52.88M | 21.13M | 40.99M | 53.06M | 72.74M | 296.81M | 359.67M | 138.21M | 459.45M | 143.25M |
| Cash Only | 412.24M | 300.48M | 509.94M | 301.91M | 112.13M | 115.12M | 112.04M | 169.63M | 65.37M | 90.91M | 52.88M | 21.13M | 40.99M | 53.06M | 72.74M | 296.81M | 359.67M | 138.21M | 459.45M | 143.25M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 176.87M | 480.78M | 214.89M | 477.05M | 223.5M | 348.65M | 166.34M | 154.05M | 137.4M | 115.16M | 107.83M | 117.55M | 113.55M | 99.44M | 94.87M | 166.56M | 105.11M | 124.92M | 205.68M | 175.83M |
| Days Sales Outstanding | 35.63 | 48.34 | 47.72 | 47.14 | 51.28 | 47.1 | 31.39 | 29.64 | 34.75 | 32.4 | 35.16 | 37.83 | 32.3 | 32.16 | 51.47 | 107.14 | 108.57 | 154.82 | 174.72 | 133.43 |
| Inventory | 1.36B | 1.19B | 897.22M | 752.87M | 645.16M | 551.16M | 491M | 373.28M | 345.47M | 316.64M | 274.83M | 232.04M | 192.79M | 163.68M | 160.02M | 0 | 0 | 100.31M | 0 | 0 |
| Days Inventory Outstanding | 179.43 | 204.12 | 181.5 | 149.85 | 174.63 | 136.57 | 130.72 | 110.73 | 135.69 | 126.86 | 121.01 | 113.13 | 75.45 | 77.29 | 91.16 | - | - | 152.68 | - | - |
| Other Current Assets | 636.9M | 57.69M | 412.78M | 196.96M | 889.06M | 123.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.94B | 2.26B | 2.21B | 2.34B | 2.4B | 2.81B | 2.97B | 2.75B | 2.63B | 2.45B | 2.2B | 2.15B | 2.09B | 2.13B | 1.95B | 4.42B | 4.29B | 4.52B | 4.02B | 3.23B |
| Property, Plant & Equipment | 122.14M | 1.67B | 1.78B | 1.99B | 2.1B | 2.48B | 2.18B | 2.24B | 2.24B | 2.08B | 1.94B | 1.91B | 1.86B | 1.93B | 1.76B | 3.56B | 3.56B | 1.91B | 3.31B | 2.75B |
| Fixed Asset Turnover | 0.93x | 0.38x | 0.35x | 0.33x | 0.22x | 0.22x | 0.21x | 0.20x | 0.15x | 0.16x | 0.15x | 0.15x | 0.16x | 0.15x | 0.09x | 0.03x | 0.03x | 0.04x | 0.03x | 0.04x |
| Goodwill | 94.22M | 94.22M | 83.01M | 75.63M | 61.07M | 61.07M | 31.53M | 4.63M | 4.63M | 4.63M | 0 | 0 | 0 | 0 | 0 | 262.82M | 257.97M | 0 | 239.94M | 122.73M |
| Intangible Assets | 12.87M | 19.93M | 18.68M | 14.45M | 16.04M | 42.2M | 38M | 42.14M | 46.58M | 50.59M | 41.47M | 44.68M | 45.73M | 41.95M | 29.42M | 95.84M | 101.46M | 30.96M | 80.74M | 14.49M |
| Long-Term Investments | 313.04M | 333.26M | 164.35M | 156.48M | 57.92M | 47.46M | 171.65M | 145.09M | 152.56M | 125.02M | 125.57M | 111.42M | 93.4M | 71.24M | 113.78M | 212.14M | 132.9M | 45.32M | 144.64M | 127.47M |
| Other Non-Current Assets | 1.4B | 109.66M | 155.75M | 73.26M | 126.18M | 137.13M | 545.31M | 319.79M | 186.26M | 117.38M | 91.16M | 92.82M | 91.08M | 67.23M | 44.61M | 287.79M | 237.62M | 2.52B | 239.26M | 221.43M |
| Total Assets | 4.53B | 4.37B | 4.24B | 4.1B | 4.27B | 4.04B | 3.74B | 3.45B | 3.18B | 2.97B | 2.63B | 2.53B | 2.44B | 2.45B | 2.28B | 4.88B | 4.76B | 4.88B | 4.68B | 3.55B |
| Asset Turnover | 0.19x | 0.15x | 0.16x | 0.16x | 0.12x | 0.13x | 0.13x | 0.14x | 0.11x | 0.11x | 0.11x | 0.11x | 0.12x | 0.12x | 0.07x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x |
| Asset Growth % | 6.11% | 8.32% | 13.41% | 18.9% | 34.39% | 35.82% | 41.96% | 36.57% | 30.08% | 21.39% | 15.62% | -48.27% | -48.69% | -49.85% | -51.35% | 37.37% | 32.47% | 44.15% | 38.73% | 8.11% |
| Total Current Liabilities | 494.35M | 399.88M | 348.23M | 350.94M | 473.76M | 347.25M | 196.66M | 128.71M | 139.25M | 112.91M | 108.58M | 79.77M | 105.07M | 86.45M | 102.51M | 593.01M | 531.19M | 187.56M | 217.74M | 276.01M |
| Accounts Payable | 203.75M | 208.22M | 147.35M | 83.39M | 110.8M | 69.12M | 194.16M | 128.46M | 132.54M | 106.48M | 103.02M | 73.13M | 100.71M | 81.71M | 101.1M | 251.22M | 187.47M | 83.26M | 211.51M | 146.22M |
| Days Payables Outstanding | 28.9 | 34.71 | 25.38 | 20.81 | 26.26 | 34.5 | 48.79 | 40.21 | 48.99 | 44.93 | 42.05 | 46.29 | 38.61 | 43.65 | 100.36 | 257.7 | 179.39 | 224.34 | 290.17 | 139.54 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 339.81M | 340.06M | 100.53M | 4.3M | 127.64M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 290.6M | 191.65M | 200.88M | 267.55M | 362.96M | 278.13M | 2.5M | 250K | 6.71M | 6.42M | 5.56M | 6.63M | 4.36M | 4.74M | 1.41M | 1.99M | 3.66M | 3.78M | 1.94M | 2.15M |
| Current Ratio | 5.24x | 5.28x | 5.84x | 5.01x | 3.95x | 3.53x | 3.91x | 5.42x | 3.94x | 4.63x | 4.01x | 4.65x | 3.31x | 3.66x | 3.20x | 0.78x | 0.87x | 1.94x | 3.05x | 1.16x |
| Quick Ratio | 2.48x | 2.30x | 3.27x | 2.87x | 2.59x | 1.94x | 1.42x | 2.51x | 1.46x | 1.83x | 1.48x | 1.74x | 1.47x | 1.76x | 1.64x | 0.78x | 0.87x | 1.40x | 3.05x | 1.16x |
| Cash Conversion Cycle | 186.16 | 217.74 | 203.84 | 176.17 | 199.65 | 149.17 | 113.31 | 100.16 | 121.46 | 114.33 | 114.12 | 104.67 | 69.14 | 65.8 | 42.27 | - | - | 83.16 | - | - |
| Total Non-Current Liabilities | 3.6B | 3.64B | 3.64B | 3.59B | 3.77B | 3.61B | 3.42B | 3.25B | 2.86B | 2.68B | 2.43B | 2.35B | 2.26B | 2.34B | 2.15B | 3.6B | 3.47B | 3.57B | 3.26B | 2.24B |
| Long-Term Debt | 3.45B | 3.45B | 3.45B | 3.44B | 3.64B | 3.44B | 3.22B | 3.08B | 2.69B | 2.52B | 2.28B | 2.17B | 2.1B | 2.18B | 2.02B | 3.16B | 3.06B | 2.4B | 2.98B | 2B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72.14M | 73M | 0 | 69.91M | 61.48M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.25M | 0 | 0 | 0 | 22.79M | 0 | 0 | 0 | 20.07M | 0 | 0 |
| Other Non-Current Liabilities | 151.8M | 190.82M | 192.77M | 140.58M | 123.52M | 168.86M | 205.38M | 173.38M | 165.3M | 158.55M | 150.81M | 181.44M | 160.31M | 144.74M | 124.88M | 369.96M | 334M | 1.15B | 206.91M | 173.36M |
| Total Liabilities | 4.1B | 4.04B | 3.99B | 3.94B | 4.24B | 3.96B | 3.62B | 3.38B | 3B | 2.8B | 2.54B | 2.43B | 2.37B | 2.43B | 2.25B | 4.19B | 4B | 3.76B | 3.48B | 2.51B |
| Total Debt | 3.45B | 3.45B | 3.45B | 3.44B | 3.64B | 3.44B | 3.22B | 3.08B | 2.69B | 2.52B | 2.28B | 2.17B | 2.1B | 2.18B | 2.02B | 3.57B | 3.47B | 2.5B | 3.06B | 2.19B |
| Net Debt | 3.04B | 3.15B | 2.94B | 3.14B | 3.53B | 3.33B | 3.11B | 2.91B | 2.63B | 2.43B | 2.23B | 2.15B | 2.06B | 2.12B | 1.95B | 3.27B | 3.11B | 2.36B | 2.6B | 2.05B |
| Debt / Equity | 7.99x | 10.32x | 13.65x | 20.88x | 128.56x | 42.28x | 27.15x | 44.24x | 15.17x | 14.31x | 23.98x | 23.80x | 28.34x | 112.14x | 77.72x | 5.18x | 4.56x | 2.23x | 2.54x | 2.10x |
| Debt / EBITDA | 14.44x | 14.11x | 12.50x | 12.27x | 16.07x | 16.62x | 14.69x | 14.95x | 17.50x | 17.48x | 16.68x | 15.54x | 17.31x | 18.17x | 18.93x | 46.16x | 94.02x | 39.54x | 40.22x | 37.04x |
| Net Debt / EBITDA | 12.71x | 12.88x | 10.65x | 11.20x | 15.58x | 16.06x | 14.18x | 14.12x | 17.07x | 16.85x | 16.29x | 15.38x | 16.97x | 17.73x | 18.25x | 42.33x | 84.28x | 37.36x | 34.18x | 34.62x |
| Interest Coverage | 3.04x | 3.20x | 3.37x | 4.18x | 3.02x | 2.78x | 2.62x | -3.22x | 1.95x | 2.17x | 2.12x | 2.47x | 1.80x | 1.67x | 1.00x | 1.99x | -3.02x | 1.03x | 0.84x | -0.02x |
| Total Equity | 431.68M | 334.17M | 252.46M | 164.94M | 28.33M | 81.37M | 118.53M | 69.57M | 177.61M | 175.88M | 95.06M | 91.32M | 74.16M | 19.4M | 26.05M | 689.27M | 761M | 1.12B | 1.2B | 1.04B |
| Equity Growth % | 1423.58% | 310.69% | 112.99% | 137.1% | -84.05% | -53.74% | 24.69% | -23.82% | 139.5% | 806.52% | 264.95% | -86.75% | -90.26% | -98.27% | -97.84% | -33.79% | -33.46% | 2.25% | 0.27% | -16.82% |
| Book Value per Share | 4.14 | 3.22 | 2.43 | 1.60 | 0.27 | 0.80 | 1.15 | 0.69 | 1.76 | 1.74 | 0.95 | 0.91 | 0.73 | 0.19 | 0.26 | 6.91 | 7.66 | 11.33 | 13.64 | 12.10 |
| Total Shareholders' Equity | 431.68M | 334.17M | 252.46M | 164.94M | 28.33M | 81.37M | 118.53M | 69.57M | 177.07M | 175.35M | 94.53M | 90.78M | 73.63M | 18.88M | 25.52M | 698.87M | 767.94M | 1.12B | 1.2B | 1.03B |
| Common Stock | 1.03M | 1.03M | 1.03M | 1.03M | 1.03M | 1.03M | 1.02M | 1.02M | 1M | 1M | 1M | 997K | 997K | 997K | 992K | 992K | 992K | 992K | 979K | 856K |
| Retained Earnings | 375.67M | 282.51M | 277.92M | 194.68M | 29.28M | -73.1M | -175.55M | -262.03M | -42.16M | -81.78M | -200.15M | -241.45M | -296.2M | -325.6M | -352.4M | -336.35M | -354.58M | -132.39M | -120.14M | -88.06M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -298.87M | -251.16M | -156.38M | -103.75M | -49.12M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 534K | 534K | 534K | 534K | 524K | 524K | 524K | -9.6M | -6.95M | -192K | 6.57M | 13.45M |