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FTAI Infrastructure (FTAI Infrastructure) Return-on-Tangible-Equity : -56.79% (As of Mar. 2024)


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What is FTAI Infrastructure Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. FTAI Infrastructure's annualized net income for the quarter that ended in Mar. 2024 was $-158.4 Mil. FTAI Infrastructure's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $279.0 Mil. Therefore, FTAI Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -56.79%.

The historical rank and industry rank for FTAI Infrastructure's Return-on-Tangible-Equity or its related term are showing as below:

FIP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.36   Med: -13.45   Max: -6.59
Current: -31.36

During the past 5 years, FTAI Infrastructure's highest Return-on-Tangible-Equity was -6.59%. The lowest was -31.36%. And the median was -13.45%.

FIP's Return-on-Tangible-Equity is ranked worse than
95.48% of 509 companies
in the Conglomerates industry
Industry Median: 7.3 vs FIP: -31.36

FTAI Infrastructure Return-on-Tangible-Equity Historical Data

The historical data trend for FTAI Infrastructure's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FTAI Infrastructure Return-on-Tangible-Equity Chart

FTAI Infrastructure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- -6.59 -8.09 -18.81 -24.83

FTAI Infrastructure Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.48 -17.50 -29.92 -25.39 -56.79

Competitive Comparison of FTAI Infrastructure's Return-on-Tangible-Equity

For the Conglomerates subindustry, FTAI Infrastructure's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FTAI Infrastructure's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FTAI Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FTAI Infrastructure's Return-on-Tangible-Equity falls into.



FTAI Infrastructure Return-on-Tangible-Equity Calculation

FTAI Infrastructure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-121.336/( (495.766+481.533 )/ 2 )
=-121.336/488.6495
=-24.83 %

FTAI Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-158.428/( (481.533+76.447)/ 2 )
=-158.428/278.99
=-56.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FTAI Infrastructure  (NAS:FIP) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


FTAI Infrastructure Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of FTAI Infrastructure's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FTAI Infrastructure (FTAI Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
FTAI Infrastructure Inc is engaged in five segments; Railroad segment includes five freight railroads and one switching company that provide rail service to certain manufacturing and production facilities, the Jefferson Terminal segment consists of a multi-modal crude oil and refined products terminal and other related assets. Repauno segment consists of a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a new multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities. Power and Gas segment is comprised of an equity method investment in Long Ridge, and Sustainability and Energy Transition segment is comprised of Aleon/Gladieux, Clean Planet, and CarbonFree.
Executives
Scott Christopher officer: CFO, CAO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson officer: President and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
James L. Hamilton director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Washington State Investment Board 10 percent owner 2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Judith A Hannaway director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Transportation & Infrastructure Investors Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure General Partnership 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105