FTAI Aviation Ltd. (FTAI)财务
NASDAQ · Industrials · Aerospace & Defense · 员工985人 · CEO Joseph Adams Jr.
- 股价
- $180.27 +10.97%
- 市值
- $184亿
- 企业价值
- $215亿
- 最近财报
- Q3 '26 2026-11-02提交
- 下次财报
- 2027-02-24 EPS预期 $1.79
营收(TTM)$34.2亿+45.8% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)24.7%-6.4 百分点 对比去年同期营业利润 $8.44亿
净利润(TTM)$5.29亿+8.4% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$14.1亿-15.4% 对比去年同期资本支出 $8.96亿
稀释EPS(TTM)$4.93+12.6% 对比去年同期最近4个季度之和
净现金-$30.7亿-4.5% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $184亿 EV $215亿
- 营收
- $34.2亿 过去12个月
- 营收增速
- +54% FY2026年一致预期
- 净利润率
- 15.5% 净利润 / 营收,TTM
- P/E
- 36.1× 预期 32.1×(FY2026)
- P/S
- 5.4× 股价 / 营收,TTM
- EV / EBITDA
- 20.0× TTM
- 自由现金流
- -$14.1亿 过去12个月
- 净利润
- $5.29亿 过去12个月
- 营收预期
- $38.5亿 FY2026年一致预期
- 盈利
- 2027-02-24 营收预期 $10.8亿
- 股息
- $1.70 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收低于预期2.5%,EPS 超预期1.4%营收$9.78亿,预期$10亿(-2.5%);EPS $1.43,预期$1.41(+1.4%)。
- 营收增长加速:同比46.6%Q3 '26营收$9.78亿,此前四个季度的平均值为45.0%。
- 营业利润率24.7%(TTM),较去年同期-6.4 百分点营收增长45.8%,营业利润增长15.7%。
- 税前利润的34.6%被营业外亏损吞噬税前利润$6.27亿,营业利润$8.44亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的26.2%(去年为44.6%)最近4个季度投入$8.96亿(同比-14.4%)。自由现金流-$14.1亿,相当于净利润的-266.1%。
- 稀释股数一年内增加0.1%Q3 '26稀释股数1.04亿,一年前为1.04亿。
- 净债务 $30.7亿现金 + 短期投资 $3.86亿,含租赁债务 $34.6亿;一年前净债务 $29.4亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $9.78亿 | $6.67亿 | +46.6% |
| 毛利率 | 36.2% | 37.3% | -1.1 百分点 |
| 营业利润 | $2.19亿 | $2.08亿 | +5.3% |
| 营业利润率 | 22.4% | 31.2% | -8.8 百分点 |
| 净利润 | $1.51亿 | $1.18亿 | +27.9% |
| 稀释EPS | $1.43 | $1.10 | +30.0% |
| 经营现金流 | -$6770万 | $462万 | -1,566.3% |
| 资本支出 | $1.77亿 | $9250万 | +91.8% |
| 自由现金流 | -$2.45亿 | -$8790万 | -179.0% |
| R&D | $2200万 | $0 | – |
| 股权激励费用 | $777万 | $566万 | +37.3% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $9.78亿 | $10亿 | -2.5% |
| EPS(一致预期口径) | $1.43 | $1.41 | +1.4% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Aerospace products revenue | $6.92亿 | – | 72.6% | – | – | |
| MRE Contract revenue | $1.83亿 | – | 19.2% | – | – | |
| Lease income | $2780万 | – | 2.9% | – | – | |
| Maintenance revenue | $2580万 | – | 2.7% | – | – | |
| Asset sales revenue | $1690万 | – | 1.8% | – | – | |
| Other revenue | $757万 | – | 0.8% | – | – |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| North America | $8.02亿 | – | 82.0% | – | – | |
| Europe | $1.01亿 | – | 10.3% | – | – | |
| Asia | $4130万 | – | 4.2% | – | – | |
| Africa | $1070万 | – | 1.1% | – | – | |
| South America | $2280万 | – | 2.3% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- -$5.12亿
- 资本支出
- -$8.96亿
- 股票回购
- -$5000万
- 股息
- -$1.74亿
- 收购
- $3.3亿
- 债务净发行
- $0
- 股权激励费用
- $2710万
- 自由现金流
- -$14.1亿
- 股东回报 / FCF
- -15.9%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 36.1× | 32.1× 5年中的2年 | 21.9× – 42.2× |
| EV / EBITDA | 20.0× | 19.9× | 13.0× – 38.2× |
| EV / 营收 | 6.3× | 8.9× | 5.3× – 13.7× |
| 股价 / FCF | -13.1× | – | – |
| 股价 / 净资产 | 42.7× | 71.7× | 2.0× – 179.7× |
| FCF收益率 | -7.6% | -22.6% | -49.0% – -5.3% |
| 投入资本回报率 | 17.7% | 9.3% | 2.1% – 16.0% |
| 净资产收益率 | 132.0% | -146.6% | -1,023.5% – 149.9% |
分析师
一致目标价 $308.00 (+70.9%)
区间 $290.00 – $325.00 · 评级 Buy
强烈买入0
买入19
持有0
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $38.5亿 | +53.5% | $5.61 | +22.1% | 32.1× | 3 |
| FY2027 | $65.4亿 | +70.0% | $12.93 | +130.4% | 13.9× | 4 |
| FY2028 | $80.1亿 | +22.4% | $17.49 | +35.2% | 10.3× | 6 |
| FY2029 | $97.9亿 | +22.2% | $23.16 | +32.4% | 7.8× | 3 |
| FY2030 | $131亿 | +33.6% | $32.84 | +41.8% | 5.5× | 2 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
FTAI Aviation Ltd.在近期10-Q / 10-K文件中标记的全部217项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $5亿2026-09-15 | – | – | – | – | – | |
| Accounts Payable, Current | $1.8亿 | $1.47亿 | +22.1% | $2.08亿 | $6910万 | +201.3% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.56亿 | $2.15亿 | -27.6% | $2.1亿 | $1.51亿 | +39.2% |
| Accounts Receivable, Allowance for Credit Loss | $2840万 | $2840万 | 0.0% | $2840万 | $7490万 | -62.1% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $0 | $10万 | -100.0% | $57.4万 | $278万 | -79.4% |
| Accrued Liabilities, Current | $2.25亿 | $1.29亿 | +74.8% | $9000万 | $9690万 | -7.1% |
| Additional Paid in Capital | $0 | -$2650万 | +100.0% | $5060万 | $1.53亿 | -67.0% |
| Amortization | – | – | – | $1180万 | $1150万 | +2.6% |
| Amortization of Debt Issuance Costs | $299万 | $302万 | -1.1% | $1180万 | $1150万 | +3.1% |
| Amortization of Intangible Assets | $37.3万 | $9.5万 | +292.6% | – | – | – |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 5.28万 | 0 | – | 0 | 0 | – |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $777万 | $566万 | +37.3% | $2170万 | $601万 | +261.9% |
| Asset Impairment Charges | $02025-12-31 | $0 | – | $0 | $96.2万 | -100.0% |
| Assets | $48.1亿 | $42.4亿 | +13.4% | $43.7亿 | $40.4亿 | +8.3% |
| Assets, Current | $29.4亿 | $20.3亿 | +44.7% | $21.1亿 | $12.3亿 | +72.3% |
| Below Market Lease, Accumulated Amortization | $293万 | $206万 | +41.9% | $213万 | $126万 | +69.3% |
| Below Market Lease, Gross | $597万 | $991万 | -39.8% | $769万 | $1380万 | -44.2% |
| Below Market Lease, Net | $304万 | $785万 | -61.2% | $556万 | $1250万 | -55.6% |
| Business Combination, Acquisition Related Costs | $503万 | $707万 | -28.8% | $2860万 | $3230万 | -11.5% |
| Cash and Cash Equivalents, at Carrying Value | $3.86亿 | $5.1亿 | -24.4% | $3亿 | $1.15亿 | +161.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3.86亿 | $5.1亿 | -24.4% | $3.01亿 | $1.15亿 | +160.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4840万 | $2.08亿 | -76.7% | $1.85亿 | $2440万 | +660.9% |
| Common Stock, Dividends, Per Share, Declared | $0.50 | $0.35 | +42.9% | $1.35 | $1.20 | +12.5% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 20亿 | 20亿 | 0.0% | 20亿 | 20亿 | 0.0% |
| Common Stock, Shares, Issued | 1.02亿 | 1.03亿 | -0.1% | 1.03亿 | 1.03亿 | 0.0% |
| Common Stock, Shares, Outstanding | 1.02亿 | 1.03亿 | -0.1% | 1.03亿 | 1.03亿 | 0.0% |
| Common Stock, Value, Issued | $102万 | $103万 | -0.2% | $103万 | $103万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | – | – | – | $5.01亿 | $868万 | +5,671.3% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.51亿 | $1.18亿 | +27.9% | $5.01亿 | $868万 | +5,671.3% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $1680万2025-12-31 | $0 | – | $1680万 | $0 | – |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $1030万2025-09-30 | – | – | – | – | – |
| Contract with Customer, Liability | $02025-12-31 | – | – | – | – | – |
| Contract with Customer, Liability, Current | $2.34亿 | – | – | – | – | – |
| Contract with Customer, Refund Liability, Current | $4790万2026-03-31 | – | – | – | – | – |
| Cost of Goods and Services Sold | $6.24亿 | $3.63亿 | +71.9% | $13.5亿 | $8.26亿 | +63.4% |
| Cost of Property Repairs and Maintenance | – | – | – | $320万 | $980万 | -67.3% |
| Costs and Expenses | $7.59亿 | $4.66亿 | +62.8% | $17.7亿 | $15亿 | +18.0% |
| Current Federal Tax Expense (Benefit) | -$786万2025-09-30 | -$29.6万 | -2,555.1% | $84.7万2024-12-31 | $93.5万 | -9.4% |
| Current Income Tax Expense (Benefit) | $2430万 | -$343万 | +808.2% | $3170万 | $361万 | +777.4% |
| Current State and Local Tax Expense (Benefit) | $152万2025-09-30 | -$7.2万 | +2,208.3% | $116万2024-12-31 | $118万 | -1.5% |
| Deferred Federal Income Tax Expense (Benefit) | $709万2025-09-30 | $142万 | +398.7% | $602万2024-12-31 | $394万 | +52.7% |
| Deferred Income Tax Assets, Net | $3190万2025-12-31 | $4290万 | -25.6% | $3190万 | $4290万 | -25.6% |
| Deferred Income Tax Expense (Benefit) | -$205万 | $2980万 | -106.9% | $7400万 | $188万 | +3,838.0% |
| Deferred Income Taxes and Tax Credits | -$205万 | $2980万 | -106.9% | $7400万 | -$188万 | +4,038.0% |
| Deferred State and Local Income Tax Expense (Benefit) | -$150万2025-09-30 | $31.7万 | -571.9% | -$61.6万2024-12-31 | -$2000 | -30,700.0% |
| Deferred Tax Assets, Goodwill and Intangible Assets | $2570万2025-12-31 | $2850万 | -10.0% | $2570万 | $2850万 | -10.0% |
| Deferred Tax Assets, Gross | $4410万2025-12-31 | $7170万 | -38.5% | $4410万 | $7170万 | -38.5% |
| Deferred Tax Assets, Inventory | $209万2025-12-31 | $270万 | -22.7% | $209万 | $270万 | -22.7% |
| Deferred Tax Assets, Net | – | – | – | $3160万2024-12-31 | $6040万 | -47.7% |
| Deferred Tax Assets, Net of Valuation Allowance | $4410万2025-12-31 | $6650万 | -33.7% | $4410万 | $6650万 | -33.7% |
| Deferred Tax Assets, Operating Loss Carryforwards | $699万2025-12-31 | $3410万 | -79.5% | $699万 | $3410万 | -79.5% |
| Deferred Tax Assets, Other | $940万2025-12-31 | $425万 | +121.2% | $940万 | $425万 | +121.2% |
| Deferred Tax Assets, Valuation Allowance | $02025-12-31 | $523万 | -100.0% | $0 | $523万 | -100.0% |
| Deferred Tax Liabilities, Gross | $6560万2025-12-31 | $3490万 | +87.8% | $6560万 | $3490万 | +87.8% |
| Deferred Tax Liabilities, Investments | $1220万2025-12-31 | $16.3万 | +7,398.8% | $1220万 | $16.3万 | +7,398.8% |
| Deferred Tax Liabilities, Net | $2150万2025-12-31 | – | – | $2150万 | – | – |
| Deferred Tax Liabilities, Other | $190万2025-12-31 | $221万 | -14.4% | $190万 | $221万 | -14.4% |
| Deposit Liability, Current | $3380万2025-12-31 | $8730万 | -61.3% | $3380万 | $8730万 | -61.3% |
| Depreciation, Depletion and Amortization | $4330万 | $5530万 | -21.7% | $2.26亿 | $2.18亿 | +3.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-09