NYSE$FTAI

FTAI Aviation Ltd · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results for the second quarter 2022 and declared a dividend of $0.33 per common share.

FTAI reported a net income attributable to shareholders of $11.449 million, basic income per common share of $0.12, diluted income per common share of $0.11, and Adjusted EBITDA of $165.327 million for Q2 2022. A cash dividend of $0.33 per common share was declared.

  • FTAI's spin-off of its infrastructure business FTAI Infrastructure Inc. is expected to be completed on August 1, 2022.
  • Adjusted EBITDA for Q2 for FTAI was $165.3 million, up 220% compared to Q1 2022, and up 143% compared to Q2 2021.
  • Aviation adjusted EBITDA was $158.3 million, with aerospace services generating $17.0 million.
  • Infrastructure adjusted EBITDA was $26.7 million, up 34.8% compared to Q1.

Headline financials

Total Revenue

$178M

Previous: $96.9M+83.6%
EPS (adj)

$0.11

Previous: -$0.39+128.2%
Adjusted EBITDA

$165M

Previous: $68M+143.3%
Dividend per Share

$0.33

Previous: $0.33+0.0%
Capital Expenditures

-$119M

Previous: -$84.1M-41.1%
Free Cash Flow

-$109M

Previous: -$121M+9.8%
Net Income

$9.76M

Previous: -$36.6M+126.7%
Operating Income

-$104M

Previous: -$89.3M-16.0%
Gross Profit

$57.6M

Previous: $49.5M+16.3%
Cash & Equivalents

$119M

Previous: $105M+12.9%
Total Assets

$4.88B

Previous: $3.55B+37.4%

Revenue & EPS history

FTAI Aviation · Revenue · Quarterly

$178M

Q2 2022+83.6%vs Q2 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

FTAI Aviation · $183M total across 3 segments · Q3 2023

  • Asset Sales Revenue
    $73M
  • Maintenance Revenue
    $63.9M
  • Lease Income
    $45.6M

Forward guidance

No specific forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.0%

Avg return

30 days after

50%

24 / 48 earnings

Positive

+9.6%

Q3 2022

Best reaction

-18.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%+14.4%+4.3%
Q4 2025+2.7%-6.7%-20.8%
Q3 2025-3.2%-6.6%-8.1%
Q1 2025-18.9%+0.8%+9.4%
Q4 2024-7.6%-17.9%-19.9%
Q3 2024-6.3%-4.1%+17.7%
Q2 2024+3.8%+7.0%+13.6%
Q1 2024-3.7%-4.4%+15.0%
Q4 2023+8.5%+6.1%+22.5%
Q3 2023+4.5%+8.2%+22.6%
Q2 2023-4.1%-3.7%+5.6%
Q1 2023+4.7%+3.6%+3.2%
Q4 2022+8.4%+6.6%+2.7%
Q3 2022+9.6%+9.6%+5.7%
Q2 2022+9.5%+7.4%-4.7%
Q1 2022-6.0%-12.1%-12.6%
Q4 2021-2.0%-12.5%-3.3%
Q3 2021-4.5%-4.9%-14.6%
Q2 2021-0.0%-4.9%-2.6%
Q1 2021-5.7%-8.7%-2.4%
Q4 2020-0.7%+5.8%+8.5%
Q3 2020-4.2%-3.0%+29.2%
Q2 2020+1.6%+0.9%+7.9%
Q1 2020-2.9%-6.2%-1.1%
Q4 2019-4.3%-2.1%-54.9%
Q3 2019+3.5%+6.9%+14.1%
Q2 2019+3.9%+1.9%-0.3%
Q1 2019+1.3%+0.1%-4.1%
Q4 2018-1.4%+0.0%+5.9%
Q3 2018+4.6%+5.8%-4.4%
Q2 2018+0.6%+1.6%-3.4%
Q1 2018+0.6%+1.4%+4.5%
Q4 2017-3.7%-5.2%-6.9%
Q3 2017+1.5%-0.3%-0.7%
Q2 2017+1.9%+1.2%-4.7%
Q1 2017+2.0%+2.4%+3.5%
Q4 2016+1.8%+0.1%-2.2%
Q3 2016+5.7%+8.8%+13.6%
Q2 2016-2.7%-2.0%+0.3%
Q1 2016+0.8%
Q4 2015+5.1%
Q3 2014-1.5%
Q3 2015+3.7%
Q2 2014+2.9%
Q2 2015-7.4%
Q4 2014-0.3%
Q1 2015-0.3%
Q1 2014-0.3%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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