Railroads, Line-Haul Operating · SIC 4011

FTAI Infrastructure Inc.

FIP

Watch

Latest revenue

$188.4M

as of 2026-03-31

Latest net income

as of 2026-03-31

Net margin

as of 2026-03-31

Price · 5Y

+9.1% / yr 4.7 pts / yr vs S&P 500 39.5% total
Compare:

Live market

delayed ≤15 min
$4.51
0.22%
Market cap
$532.9M
Enterprise value
$532.9M
P/E (trailing)
Forward P/E
P/B
Dividend yield
2.7%
52-wk high
$7.93
52-wk low
$3.90
Beta
Shares out
118.2M

5-year trend

What this company does

AI

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations The following Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) is intended to help you understand FTAI Infrastructure Inc. (“we”, “us”, “our”, or the “Company”). Our MD&A should be read in conjunction with our unaudited consolidated financial statements and the accompanying notes, and with Part II, Item 1A, “Risk Factors” and “Forward-Looking Statements” included elsewhere in this Quarterly Report on Form 10-Q. Overview We are in the business of acquiring, developing and operating assets and businesses that represent critical infrastructure for…

AI summary unavailable — showing raw filing excerpt

Generated from FIP's filing dated 2026-05-08

Key risks

AI

Item 1A. Risk Factors You should carefully consider the following risks and other information in this Form 10-Q in evaluating us and our common stock. Any of the following risks, as well as additional risks and uncertainties not currently known to us or that we currently deem immaterial, could materially and adversely affect our results of operations or financial condition. The risk factors generally have been separated into the following groups: risks related to our business, risks related to our capital structure, risks related to our Manager, risks related to the spin-off, risks related to the Wheeling acquisition and risks related to our common stock. However, these categories do…

AI summary unavailable — showing raw filing excerpt

Generated from FIP's filing dated 2026-05-08

Leverage

Debt / equity

268.59×

2406.3%

Long-term debt / equity

173.92×

2189.8%

Debt / assets

99.6%

8.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$188.4M+95.9%

Q4 2025

2025-12-31

$143.5M+77.7%

Q3 2025

2025-09-30

$140.6M+68.7%

Q2 2025

2025-06-30

$122.3M+44.1%

Q1 2025

2025-03-31

$96.2M+16.5%

Q4 2024

2024-12-31

$80.8M

Q3 2024

2024-09-30

$83.3M+3.2%

Q2 2024

2024-06-30

$84.9M+3.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Railroads, Line-Haul Operating · SIC 4011

Your notes

Keep private notes on FIP — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$44.8K

Insider selling

$0

Net activity

+$44.8K

Distinct insiders

1

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2025-08-21

Carl Russell Fletcher IV

CFO and CAO

Purchase10,000$4.48$44.8K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns FIP

Institutional value

$213.4M

Total shares held

43.7M

Distinct holders

113

-67 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1WASHINGTON STATE INVESTMENT BOARD11.8M$58.2M+0 (+0.0%)No change
2BlackRock, Inc.8.2M$40.7M-78.0K (-0.9%)Trimmed
3VANGUARD CAPITAL MANAGEMENT LLC4.7M$23.1MNew
4ROYCE & ASSOCIATES LP2.9M$14.3M+214.4K (+8.0%)Added
5First Eagle Investment Management, LLC2.5M$12.5M+141.6K (+5.9%)Added
6DIAMOND HILL CAPITAL MANAGEMENT INC1.6M$7.7M-191.6K (-11.0%)Trimmed
7CenterBook Partners LP1.3M$6.7MNew
8BARD ASSOCIATES INC1.2M$6.0M-1.4K (-0.1%)Trimmed
9Orchard Capital Management, LLC815.0K$4.0M+0 (+0.0%)No change
10VANGUARD FIDUCIARY TRUST CO799.8K$4.0MNew
11VANGUARD PORTFOLIO MANAGEMENT LLC777.4K$3.8MNew
12DIMENSIONAL FUND ADVISORS LP702.8K$3.5M-274.7K (-28.1%)Trimmed
13UBS Group AG546.0K$2.7M-157.7K (-22.4%)Trimmed
14Tejara Capital Ltd456.9K$2.3M+197.8K (+76.3%)Added
15FIFTH THIRD BANCORP372.4K$1.8MNew
16WELLS FARGO & COMPANY/MN360.9K$1.8M-70.5K (-16.3%)Trimmed
17Bank of New York Mellon Corp295.6K$1.5M-3.4K (-1.2%)Trimmed
18UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC294.9K$1.5M-3.0K (-1.0%)Trimmed
19KIM, LLC293.9K$1.5M+0 (+0.0%)No change
20Nuveen, LLC266.1K$1.3M+2.0K (+0.8%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once FIP's latest filing finishes processing.