FTAI Aviation Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $501.1M | $8.7M | $243.8M | $-212.0M | $-130.7M | $-105.0M | $223.3M | $5.9M |
| Depreciation & Amortization | $225.8M | $218.1M | $169.9M | $152.9M | $147.7M | $141.3M | $169.0M | $133.9M |
| Depreciation | — | — | — | — | $47.9M | $26.6M | $30.7M | $22.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $21.7M | $6.0M | $1.6M | $2.6M | — | — | — | — |
| Net Cash from Operating Activities | $-310.7M | $-188.0M | $129.0M | $-20.7M | $-22.0M | $63.1M | $151.0M | $133.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.7M | $9.2M | $6.1M | $144.2M | $157.3M | $264.8M | $331.2M | $230.0M |
| Business Acquisitions | $49.1M | $147.6M | $29.6M | $3.8M | $627.1M | $0 | $0 | — |
| Net Cash from Investing Activities | $723.3M | $-469.5M | $-373.3M | $-411.3M | $-1.29B | $-509.1M | $-495.2M | $-703.5M |
| Financing Activities | ||||||||
| Dividends Paid | $128.2M | $121.6M | $119.8M | $128.5M | $118.0M | $113.6M | $113.5M | $110.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-227.2M | $681.8M | $282.2M | $44.9M | $1.59B | $364.9M | $465.9M | $597.9M |
| Net Change in Cash | $185.4M | $24.4M | $37.8M | $-387.0M | $278.6M | $-81.1M | $121.7M | $28.0M |
| Free Cash Flow | $-338.5M | $-197.2M | $122.8M | $-164.9M | $-179.4M | $-201.7M | $-180.1M | $-96.3M |