FTAI Aviation Ltd. balance sheet

At the end of fiscal 2025, FTAI Aviation Ltd. had total assets of $4.37bn, total liabilities of $4.04bn and shareholders' equity of $334m. It held $300m in cash against $3.50bn of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

FTAI Aviation Ltd.: balance sheet, annual
Fiscal year	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	7	22	382	68	59	100	227	122	138	34	91	115	300	386
Receivables	—	—	—	—	—	—	—	—	—	—	115	151	210	156
Inventory	—	—	—	—	—	—	—	—	100	164	317	551	1,194	1,932
Total current assets	—	—	—	—	—	—	—	—	—	—	671	1,226	2,113	2,944
Goodwill	—	117	117	117	117	116	123	123	257	0	5	61	94	94
Total assets	—	1,405	1,645	1,547	1,956	2,639	3,237	3,388	4,864	2,430	2,965	4,038	4,374	4,806
Accounts payable	—	—	—	—	—	—	—	—	—	—	42	69	208	180
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	—	—	—	0	234
Total current liabilities	—	—	—	—	—	—	—	—	—	—	182	347	400	771
Short-term debt	—	24	25	8	8	49	25	25	101	0	0	0	0	0
Long-term debt	—	593	266	260	703	1,215	1,421	1,905	2,502	2,176	2,517	3,440	3,449	3,456
Total debt	0	593	271	266	715	1,230	1,439	1,941	2,545	2,205	2,517	3,496	3,496	3,496
Total liabilities	—	691	354	382	921	1,585	1,898	2,289	3,740	2,410	2,789	3,957	4,040	4,373
Shareholders' equity	—	—	1,291	1,166	1,035	1,054	1,339	1,099	1,124	19	175	81	334	433
Shares outstanding	—	54m	76m	76m	76m	84m	85m	86m	99m	100m	100m	103m	103m	102m

US$ millions unless shown otherwise. Fiscal quarters.

FTAI Aviation Ltd.: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	151	224	240	215	210	177	168	156
Inventory	551	645	753	897	1,194	1,364	1,545	1,932
Total current assets	1,226	1,870	1,759	2,035	2,113	2,590	2,541	2,944
Goodwill	61	61	76	83	94	94	94	94
Total assets	4,038	4,268	4,101	4,240	4,374	4,529	4,489	4,806
Accounts payable	69	111	83	147	208	204	262	180
Deferred revenue (current)	—	—	—	—	0	—	—	234
Total current liabilities	347	474	351	348	400	494	481	771
Short-term debt	0	0	0	0	0	0	0	0
Long-term debt	3,440	3,643	3,445	3,447	3,449	3,451	3,453	3,456
Total debt	3,440	3,643	3,445	3,447	3,449	3,451	3,453	3,456
Total liabilities	3,957	4,240	3,936	3,988	4,040	4,097	4,085	4,373
Shareholders' equity	81	28	165	252	334	432	404	433
Shares outstanding	103m	103m	103m	103m	103m	103m	103m	102m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from FTAI Aviation Ltd.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to FTAI Aviation Ltd.