FTAI Aviation Ltd. (FTAI) - Net Assets
Based on the latest financial reports, FTAI Aviation Ltd. (FTAI) has net assets worth $334.17 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.37 Billion) and total liabilities ($4.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of FTAI Aviation Ltd. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $334.17 Million |
| % of Total Assets | 7.64% |
| Annual Growth Rate | 8.77% |
| 5-Year Change | -70.27% |
| 10-Year Change | -71.33% |
| Growth Volatility | 231.52 |
FTAI Aviation Ltd. - Net Assets Trend (2012–2025)
This chart illustrates how FTAI Aviation Ltd.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of FTAI Aviation Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FTAI Aviation Ltd. (2012–2025)
The table below shows the annual net assets of FTAI Aviation Ltd. from 2012 to 2025. For live valuation and market cap data, see FTAI Aviation Ltd. (FTAI) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $334.17 Million | +310.69% |
| 2024-12-31 | $81.37 Million | -53.74% |
| 2023-12-31 | $175.88 Million | +806.52% |
| 2022-12-31 | $19.40 Million | -98.27% |
| 2021-12-31 | $1.12 Billion | +2.25% |
| 2020-12-31 | $1.10 Billion | -17.89% |
| 2019-12-31 | $1.34 Billion | +27.05% |
| 2018-12-31 | $1.05 Billion | +1.81% |
| 2017-12-31 | $1.04 Billion | -11.20% |
| 2016-12-31 | $1.17 Billion | -9.69% |
| 2015-12-31 | $1.29 Billion | +80.90% |
| 2014-12-31 | $713.50 Million | +264.24% |
| 2013-12-31 | $195.88 Million | +74.87% |
| 2012-12-31 | $112.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FTAI Aviation Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 28251300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $282.51 Million | 84.54% |
| Common Stock | $1.03 Million | 0.31% |
| Other Components | $50.63 Million | 15.15% |
| Total Equity | $334.17 Million | 100.00% |
FTAI Aviation Ltd. Competitors by Market Cap
The table below lists competitors of FTAI Aviation Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Merchants Bank Co. Ltd
F:M4B
|
$28.38 Billion |
|
Chunghwa Telecom Co. Ltd
F:CHWD
|
$28.39 Billion |
|
IQVIA Holdings Inc
NYSE:IQV
|
$28.43 Billion |
|
Copart Inc
NASDAQ:CPRT
|
$28.44 Billion |
|
Otis Worldwide Corp
NYSE:OTIS
|
$28.34 Billion |
|
Atmos Energy Corporation
NYSE:ATO
|
$28.32 Billion |
|
China Life Insurance Company Limited
F:CHL
|
$28.27 Billion |
|
Winbond Electronics Corp
TW:2344
|
$28.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FTAI Aviation Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 81,368,000 to 334,174,000, a change of 252,806,000 (310.7%).
- Net income of 501,064,000 contributed positively to equity growth.
- Dividend payments of 145,448,000 reduced retained earnings.
- Share repurchases of 124,167,000 reduced equity.
- Other factors increased equity by 21,357,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $501.06 Million | +149.94% |
| Dividends Paid | $145.45 Million | -43.52% |
| Share Repurchases | $124.17 Million | -37.16% |
| Other Changes | $21.36 Million | +6.39% |
| Total Change | $- | 310.69% |
Book Value vs Market Value Analysis
This analysis compares FTAI Aviation Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 86.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 132.45x to 86.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $2.09 | $277.31 | x |
| 2013-12-31 | $3.60 | $277.31 | x |
| 2014-12-31 | $11.48 | $277.31 | x |
| 2015-12-31 | $17.40 | $277.31 | x |
| 2016-12-31 | $13.91 | $277.31 | x |
| 2017-12-31 | $12.50 | $277.31 | x |
| 2018-12-31 | $11.92 | $277.31 | x |
| 2019-12-31 | $15.13 | $277.31 | x |
| 2020-12-31 | $12.52 | $277.31 | x |
| 2021-12-31 | $12.50 | $277.31 | x |
| 2022-12-31 | $0.19 | $277.31 | x |
| 2023-12-31 | $1.75 | $277.31 | x |
| 2024-12-31 | $0.80 | $277.31 | x |
| 2025-12-31 | $3.22 | $277.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FTAI Aviation Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 149.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.98%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 13.09x
- Recent ROE (149.94%) is above the historical average (-50.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 1.96% | 62.88% | 0.02x | 1.52x | $-9.01 Million |
| 2013 | 12.90% | 127.09% | 0.07x | 1.45x | $5.58 Million |
| 2014 | 1.27% | 13.43% | 0.04x | 2.29x | $-53.66 Million |
| 2015 | -1.01% | -8.25% | 0.09x | 1.41x | $-128.45 Million |
| 2016 | -1.90% | -13.05% | 0.10x | 1.47x | $-125.45 Million |
| 2017 | 0.01% | 0.06% | 0.11x | 2.07x | $-94.57 Million |
| 2018 | 0.59% | 1.68% | 0.13x | 2.65x | $-93.86 Million |
| 2019 | 17.29% | 38.42% | 0.18x | 2.49x | $94.92 Million |
| 2020 | -8.22% | -23.90% | 0.11x | 3.15x | $-196.17 Million |
| 2021 | -9.27% | -31.06% | 0.07x | 4.33x | $-216.66 Million |
| 2022 | -1023.47% | -26.75% | 0.29x | 129.73x | $-195.10 Million |
| 2023 | 139.05% | 20.56% | 0.40x | 16.95x | $226.28 Million |
| 2024 | 10.67% | 0.50% | 0.43x | 49.63x | $545.20K |
| 2025 | 149.94% | 19.98% | 0.57x | 13.09x | $467.65 Million |
Industry Comparison
This section compares FTAI Aviation Ltd.'s net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,018,503,485
- Average return on equity (ROE) among peers: -41.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FTAI Aviation Ltd. (FTAI) | $334.17 Million | 1.96% | 12.09x | $28.35 Billion |
| AerCap Holdings NV (AER) | $1.13 Billion | 13.48% | 3.81x | $21.92 Billion |
| Senmiao Technology Ltd (AIHS) | $2.57 Million | -402.71% | 7.67x | $5.97 Million |
| Air Lease Corporation (AL) | $5.62 Billion | 10.44% | 2.86x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $263.45 Million | 0.00% | 0.00x | $208.88 Million |
| TOUAX (ALTOU) | $120.80 Million | 4.85% | 2.92x | $29.99 Million |
| Avis Budget Group Inc (CAR) | $109.40 Million | -10.33% | 0.98x | $5.34 Billion |
| Custom Truck One Source Inc (CTOS) | $888.44 Million | 4.38% | 2.31x | $2.20 Billion |
| FlexShopper Inc (FPAY) | $9.97 Million | 5.79% | 4.24x | $2.46K |
| GATX Corporation (GATX) | $1.02 Billion | -1.40% | 4.13x | $6.15 Billion |
About FTAI Aviation Ltd.
FTAI Aviation Ltd. owns, acquires, and sells aviation equipment for the transportation of goods and people worldwide. It operates in two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns, leases, manages, and sells aircraft and aircraft engines. As of December 31, 2025, this segment owned and managed 290 aviation assets consisting of 47 commercial aircraft and 2… Read more