FTAI Infrastructure Inc.

FIPNASDAQIndustrials● Active

$4.25

+$0.09(+2.25%)

Market Cap$502596844

P/E Ratio—

52W High$7.935

52W Low$3.9

Avg Volume993K

Open$4.28

Beta1.90

Overview

FTAI Infrastructure Inc. (FIP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FIP · free cash flow · updated Jun 8, 2026

Core FCF metrics

FIP · FCF · TTM · margin & CAGR

Free cash flow was −$399.3M for FY2025 (fiscal year ending 2025-12-31), down 307.0% year-over-year The FCF margin was -79.5%.

FY2025 Free Cash Flow−$399.3M▼ -307.0% YoY

Trailing 12M (TTM)−$147.7Mtrailing 4 quarters sum

FCF Margin-79.5%−$399.3M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FIP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$118.0M(281M)−$399.3M▼ 307.0%-79.5%

FY2024−$15.3M(83M)−$98.1M▼ 3.0%-29.6%

FY2023$5.5M(101M)−$95.2M▲ +63.3%-29.7%

FY2022−$42.7M(217M)−$259.8M▼ 28.2%-99.2%

FY2021−$61.7M(141M)−$202.6M▲ +31.2%-168.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FIP · P/FCF · FCF yield · FCF per share

FTAI Infrastructure Inc. (FIP) reported negative free cash flow of −$0.40B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FIP · cash flow statement · operating / investing / financing

For FY2025, FTAI Infrastructure Inc. generated −$118.0M in operating cash flow and spent 281M in capital expenditures, yielding −$399.3M in free cash flow.

Operating Activities

−$118.0M

Cash from core business operations

2025-12-31

Investing Activities

−$1.14B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.44B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$118.0M) − |CapEx| (281M) = FCF (−$399.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

FIP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

FTAI Infrastructure Inc.YOU

FIP

−$399.3M-307.0%-79.5%

Loss

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

FTAI Infrastructure Inc. (FIP) reported free cash flow of −$399.3M for FY2025 (fiscal year ending 2025-12-31), down 307.0% year-over-year. The FCF margin was -79.5%.

FTAI Infrastructure Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FIP free cash flow · 8 questions

FTAI Infrastructure Inc. free cash flow was −$399.3M for FY2025, down 307.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$147.7M.

FIP free cash flowFIP FCFFIP FCF 2025FIP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · FTAI Infrastructure Inc. · FTAI Infrastructure Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026