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FTAI Infrastructure Inc. FIP Convertible Debt - Current

Discontinued — last reported Q4 '25

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Segments

By segment

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Railroad$970.52M
Power and Gas$0
Repauno$0
Sustainability$0

Other financials

Income statement

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Revenue$188.4M+95.9%
Net income-$127.2M-206%
EPS (diluted)-$1.32-248%

Balance sheet

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Cash & equivalents$37.9M+43.8%
Total debt$3.9B+38.5%
Total equity-$122.5M-126%
Total assets$5.7B+37.3%

Cash flow

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Operating cash flow-$69.4M+19.0%
CapEx$46.5M-30.1%
Free cash flow-$115.9M+23.9%

Valuation

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Market cap$580.18M-18.9%
Enterprise value$4.45B+26.8%
P/S-1.1×

Profitability

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Net margin-67.2%-225pp
FCF margin-60.9%-4.9pp

Returns & leverage

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Return on equity-135.8%+413pp
Debt / equity180.7×+173×
Current ratio1.1×+0.2×

Where this comes from

Reported directly by FTAI Infrastructure Inc. in its filing.

Tagged under the XBRL concept us-gaap:TemporaryEquityCarryingAmountAttributableToParent.

The official record: FTAI Infrastructure Inc.’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTAI Infrastructure Inc.'s convertible debt - current?
FTAI Infrastructure Inc. (FIP) reported convertible debt - current of $1.09B in Q4 2025.
How has FTAI Infrastructure Inc.'s convertible debt - current changed year-over-year?
FTAI Infrastructure Inc.'s convertible debt - current increased by 186.0% year-over-year, from $381.22M to $1.09B.
What does convertible debt - current mean?
This represents the portion of debt obligations that can be converted into equity and is due for repayment within the next twelve months. It highlights near-term liquidity requirements and potential dilution risks for existing shareholders. Managing this balance is critical for maintaining financial stability and capital structure integrity.