FIP
FTAI Infrastructure Inc.
FIP has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over FIP overall, supported by stronger modeled upside.
FIP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
FIP's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
FIP PE Valuation
FIP has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
FIP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect FIP's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
FIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$5.04 | -$2.61 |
| Q2 2026 | -$5.15 | -$3.65 |
| Q1 2026 | -$4.47 | -$3.18 |
| Q4 2025 | -$2.26 | +$0.46 |
| Q3 2025 | -$2.43 | -$0.46 |
| Q2 2025 | -$1.50 | +$0.57 |
| Q1 2025 | -$1.29 | +$0.64 |
| Q4 2024 | -$2.72 | -$0.93 |
FIP lost $5.04 per share over the past year, a bigger loss than the year before.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
FIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $219M | +56% |
| Q2 2026 | $186.8M | +53% |
| Q1 2026 | $188.4M | +96% |
| Q4 2025 | $143.5M | +78% |
| Q3 2025 | $140.6M | +69% |
| Q2 2025 | $122.3M | +44% |
| Q1 2025 | $96.2M | +17% |
| Q4 2024 | $80.8M | -0.8% |
FIP has the edge over RDW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9% | -5.6 points |
| Q2 2026 | -25% | -19 points |
| Q1 2026 | 1.5% | +10 points |
| Q4 2025 | 0.9% | +97 points |
| Q3 2025 | 15% | +23 points |
| Q2 2025 | -5.6% | -2 points |
| Q1 2025 | -8.8% | +5 points |
| Q4 2024 | -96% | -90 points |
FIP has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
FIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$63.4M | +$27.3M |
| Q2 2026 | -$43.5M | +$44M |
| Q1 2026 | -$115.9M | +$35.8M |
| Q4 2025 | -$68.6M | -$34.4M |
| Q3 2025 | -$90.7M | -$79.1M |
| Q2 2025 | -$87.5M | -$55.4M |
| Q1 2025 | -$151.7M | -$134.9M |
| Q4 2024 | -$34.3M | -$21.7M |
FIP has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
FIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +17.8K shares |
| 1 year | +2.3% | +2.6M shares |
| 3 years | +15% | +15.4M shares |
| 5 years | +19% | +19M shares |
FIP has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
FIP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 19.6x | High |
| Q2 2026 | 19.3x | High |
| Q1 2026 | 21.5x | High |
| Q4 2025 | 26.7x | High |
| Q3 2025 | 91.1x | High |
| Q3 2024 | 28.4x | High |
| Q2 2024 | 32.3x | High |
| Q1 2024 | 32.2x | High |
FIP's net debt is about 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 52.0 | Neutral |
FIP's weekly RSI is 55 (neutral) and its Stochastic is 52 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
FIP PE vs Industrials Sector
FIP has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
FIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.00 | 41% above |
| 20 week MA | $3.55 | 19% above |
| 50 week MA | $4.53 | 6.6% below |
| 100 week MA | $5.04 | 16% below |
| 200 week MA | $5.25 | 19% below |
FIP has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
FIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $3.58 | $2.89 | -19% |
| 2023 | $2.89 | $3.89 | +35% |
| 2024 | $3.89 | $7.11 | +83% |
| 2025 | $7.11 | $4.84 | -32% |
| 2026 YTD | $4.84 | $4.23 | -13% |
FIP has finished lower in two of the last four years. It's down 13% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over FIP on returns for 2026, with the stronger performance.