FTAI
FTAI Aviation Ltd.

FTAI Aviation Ltd.FTAI

Industrials · Aerospace & Defense
189.74USD
-1.56%
Sep 23, 2026
FTAI overview ready
FTAI is a direct, specialized provider of replacement engines, modules, repairs, refurbished components, and engine leasing for CFM56 and V2500-powered narrowbody fleets.
Narrative not measured
Commercial Aviation Supply-Chain Constraints and Fleet Life ExtensionNarrowbody Engine Aftermarket and MRO CapacityBottleneck supplier
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Exposure to economic downturns affecting air travel demand.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 20

Conviction Level

NarrativeHeatThemeHeat7.8PriceAction5.4Valuation0.3CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$19.5B
Avg Volume (60D)
1.5M
60 sessions
Revenue Growth YoY
+44.5%
FY2025 vs FY2024
Gross Margin
+32.2%
Operating Margin
+25.1%
Trailing twelve months
Free Cash Flow Yield
-2.5%
Distance from 200DMA
-19.2%
Next Earnings
2026-10-26
P/E
39.3x
EV / Sales
7.3x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads expensive.
FTAI Aviation Ltd. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at 7.3x revenue, which requires sustained delivery to be justified.

Company Research

Thesis
FTAI is a direct, specialized provider of replacement engines, modules, repairs, refurbished components, and engine leasing for CFM56 and V2500-powered narrowbody fleets. Its Maintenance, Repair and Exchange model monetizes airline demand to keep mature aircraft operating despite constrained engine material and repair capacity.
Opportunity
High opportunity
Airline reliance on mature narrowbody fleets is sustaining demand for spare engines, used serviceable material, component repair, and independent maintenance capacity while new-aircraft delivery delays, parts scarcity, and shop-visit backlogs constrain availability.
Key risk
Exposure to economic downturns affecting air travel demand.

Narrative & Theme

Commercial Aviation Supply-Chain Constraints and Fleet Life Extension
Part of Narrowbody Engine Aftermarket and MRO Capacity, with strong fit.
FTAI has a specific and direct exposure to a real commercial-aviation aftermarket bottleneck: airlines need economically viable engine availability and repair solutions as aircraft deliveries, engine parts, and MRO capacity remain constrained.
Narrative HeatUnavailable
Theme HeatHeating up7.8 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Aerospace & Defense
What they do

FTAI Aviation Ltd. owns, leases, manages, and sells commercial aircraft and aircraft engines, and develops, manufactures, repairs, and sells aerospace products and aftermarket components.

How it earns

The company generates revenue primarily through leasing and selling aviation assets and aerospace products on a transactional basis.

Products & services
Commercial aircraft leasing
Aircraft engine leasing
Aircraft engine manufacturing and refurbishment
Aftermarket aerospace components
Customers & end markets
Airlines and commercial aviation operators
Aerospace maintenance and repair organizations
Market position

Niche player focused on aviation leasing and aerospace product services.

Demand drivers
High cyclicality

The aerospace and aviation leasing industry is sensitive to economic cycles and air travel demand fluctuations.

Peers

Companies validated as economically comparable to FTAI — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
TransDigm Group IncorporatedEstablished Trend — Daily ReclaimNot publishedNot availableInsufficient heat dataInsufficient heat dataLocked$1291.350.34%
HEICO CorporationTrend Under Pressure — Distribution PressureCheap8.0High6.7Neutral7.6Heating upLocked$307.77+1.56%