FIP (FTAI Infrastructure) Piotroski F-Score: 2 (As of Aug. 08, 2026) — 50% Below Median

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FIP FTAI Infrastructure Inc FIP
57 GF Score
Price $4.27
GF Value $8.73
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is FTAI Infrastructure Piotroski F-Score?

FTAI Infrastructure FIP +5.30% 57 Piotroski F-Score is 2 as of Aug. 08, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates FIP with a GF Score™ of 57/100 and a GF Value™ of $8.73 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 545 Conglomerates companies, FTAI Infrastructure ranks worse than 71.19% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

FTAI Infrastructure has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for FTAI Infrastructure's Piotroski F-Score or its related term are showing as below:

FIP' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 4
Current: 2

During the past 7 years, the highest Piotroski F-Score of FTAI Infrastructure was 4. The lowest was 2. And the median was 4.

FTAI Infrastructure  (NAS:FIP) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


FTAI Infrastructure Piotroski F-Score Related Terms


FTAI Infrastructure Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for FTAI Infrastructure's Piotroski F-Score 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.

FTAI Infrastructure Piotroski F-Score Chart

FTAI Infrastructure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 2.00 4.00 2.00 3.00

FTAI Infrastructure Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 4.00 3.00 4.00 2.00

FIP vs FBYD, TRC, AIAI: Piotroski F-Score Comparison

For the Conglomerates subindustry, FTAI Infrastructure's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, FTAI Infrastructure's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where FTAI Infrastructure's Piotroski F-Score falls into.


FIP
57GF Score
FTAI Infrastructure Inc FIP
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -93.041 + -86.839 + -112.951 + -128.066 = $-420.9 Mil.
Cash Flow from Operations was -24.383 + -2.753 + -69.377 + 39.037 = $-57.5 Mil.
Revenue was 140.556 + 143.517 + 188.364 + 186.768 = $659.2 Mil.
Gross Profit was 140.556 + 143.517 + 188.364 + 186.768 = $659.2 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4406.96 + 5451.72 + 5748.661 + 5688.532 + 5746.745) / 5 = $5408.5236 Mil.
Total Assets at the begining of this year (Jun25) was $4,407.0 Mil.
Long-Term Debt & Capital Lease Obligation was $2,378.4 Mil.
Total Current Assets was $367.8 Mil.
Total Current Liabilities was $1,334.0 Mil.
Net Income was -32.993 + -114.305 + 131.565 + -58.859 = $-74.6 Mil.

Revenue was 83.311 + 80.764 + 96.161 + 122.286 = $382.5 Mil.
Gross Profit was 83.311 + 80.764 + 96.161 + 122.286 = $382.5 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(2452.408 + 2437.489 + 2374.388 + 4141.866 + 4406.96) / 5 = $3162.6222 Mil.
Total Assets at the begining of last year (Jun24) was $2,452.4 Mil.
Long-Term Debt & Capital Lease Obligation was $3,061.2 Mil.
Total Current Assets was $539.0 Mil.
Total Current Liabilities was $362.8 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

FTAI Infrastructure's current Net Income (TTM) was -420.9. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

FTAI Infrastructure's current Cash Flow from Operations (TTM) was -57.5. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=-420.897/4406.96
=-0.09550733

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-74.592/2452.408
=-0.03041582

FTAI Infrastructure's return on assets of this year was -0.09550733. FTAI Infrastructure's return on assets of last year was -0.03041582. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

FTAI Infrastructure's current Net Income (TTM) was -420.9. FTAI Infrastructure's current Cash Flow from Operations (TTM) was -57.5. ==> -57.5 > -420.9 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=2378.423/5408.5236
=0.43975458

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3061.244/3162.6222
=0.96794489

FTAI Infrastructure's gearing of this year was 0.43975458. FTAI Infrastructure's gearing of last year was 0.96794489. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=367.767/1334.009
=0.27568555

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=539.045/362.764
=1.48593852

FTAI Infrastructure's current ratio of this year was 0.27568555. FTAI Infrastructure's current ratio of last year was 1.48593852. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

FTAI Infrastructure's number of shares in issue this year was 118.164. FTAI Infrastructure's number of shares in issue last year was 114.881. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=659.205/659.205
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=382.522/382.522
=1

FTAI Infrastructure's gross margin of this year was 1. FTAI Infrastructure's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=659.205/4406.96
=0.14958271

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=382.522/2452.408
=0.15597812

FTAI Infrastructure's asset turnover of this year was 0.14958271. FTAI Infrastructure's asset turnover of last year was 0.15597812. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+0+0
=2

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

FTAI Infrastructure has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
FTAI Infrastructure (FIP) has a Piotroski F-Score of 2 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on FTAI Infrastructure and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, FTAI Infrastructure's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, FTAI Infrastructure ranks #388 out of 545 companies in the Conglomerates industry, placing it in the top 71.2%.
Is FTAI Infrastructure's Piotroski F-Score too high?
FTAI Infrastructure's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Conglomerates industry median Piotroski F-Score is 5.00. FTAI Infrastructure's value of 2 is 60% below this industry median. Based on the distribution chart, FTAI Infrastructure ranks #388 out of 545 companies in the Conglomerates industry, which is below the industry midpoint. Overall, FTAI Infrastructure has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FTAI Infrastructure's Piotroski F-Score compare to FBYD and TRC?
According to the Conglomerates industry distribution chart, FTAI Infrastructure ranks #388 out of 545 companies for Piotroski F-Score. This places FTAI Infrastructure in the lower half of its industry. The industry median Piotroski F-Score is 5.00. FTAI Infrastructure's value of 2 is 60% below this benchmark. Historically, FTAI Infrastructure's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, FTAI Infrastructure has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 545 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FTAI Infrastructure's current Piotroski F-Score of 2 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on FTAI Infrastructure and its competitors. For the Conglomerates industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTAI Infrastructure's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTAI Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, FTAI Infrastructure (FIP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.73, compared to a current price of $4.27 — trading 51.1% below its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Conglomerates industry median of 5.00. FTAI Infrastructure's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For FTAI Infrastructure (FIP), the current Piotroski F-Score is 2 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FTAI Infrastructure (FIP) Overvalued in 2026?

Based on GuruFocus' analysis, FTAI Infrastructure stock appears to be undervalued. The current stock price of $4.27 is trading 51.1% below its estimated GF Value™ of $8.73. GuruFocus considers FTAI Infrastructure to be Possible Value Trap.

Key valuation signals for FIP:

  • Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
  • GF Value™: $8.73 vs. price of $4.27 (51.1% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 60% below the Conglomerates median (#388 of 545)

No single metric tells the full story. See the FIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FTAI Infrastructure Business Description

Other Exchanges YX0:Germany
Address 1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
FTAI Infrastructure Inc is engaged in five segments; Railroad segment, which includes eight freight railroads and one switching company that provide rail service to certain manufacturing and production facilities; the Jefferson Terminal segment, which consists of a multi-modal crude oil and refined products terminal and other related assets; The Repauno segment, which consists of a deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; Power and Gas segment, which comprised Long Ridge, a multi-modal terminal located along the Ohio River; and Sustainability and Energy Transition segment, which comprised of Aleon/Gladieux, Clean Planet, and CarbonFree.
57GF Score

Get the complete analysis for FIP

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.27
Price
$8.73
GF Value