FTAI Aviation Ltd. 8.25% Fixed - Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares (FTAIN)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach FTAIN as a preferred claim on FTAI Aviation, not as a common stock. The underlying business owns and leases 290 aviation assets—47 commercial aircraft and 243 engines—and sells aerospace products. Aviation assets can be durable, and provided revenue growth is 40.94%, but the financial picture is not comforting: trailing free cash flow is -$891.2M, profit growth is -24.37%, EPS is -$3.47, and debt-to-equity is 8.10. The latest quarter labeled 2026-Q2 did show revenue of $953.1M and net income of $125.1M, a 13.13% margin, so operations are not collapsing. Still, FairStock’s Piotroski score is only 3/9, and ROE of 233.29% looks leverage-driven rather than a sign of a wide moat. ROCE of 11.34% is respectable but not exceptional. At the 2026-06-18 close of $24.99, the preferred yields 8.29% and sits near its 52-week low of $24.94. The 8.25% cumulative coupon is attractive, and cumulative preferreds rank ahead of common equity, but the company’s negative free cash flow and heavy debt mean the margin of safety is thin. FairStock score of 64/100 and no Lynch category—only 0 years of filed results versus the 3 needed—tell me there is not enough history to judge consistency. I would want clear dividend coverage and a path to positive free cash flow before treating this as a safe income stream. The price may be fair for the risk, not obviously cheap.

In plain English: FTAI Aviation owns and leases aircraft and engines and sells aerospace products. The parent company shows some weak financial signs, including negative earnings per share, high debt, and negative free cash flow, even though the latest quarter was profitable. Its special preferred shares pay a set 8.25% dividend and trade near $25; the yield looks high, but the risks make the price look fair rather than clearly cheap.

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Data as of 2026-06-18 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer