BDT.TO vs. FTAI

Last updated Jun 9, 2026

BDT.TO (Bird Construction Inc.) and FTAI (Fortress Transportation and Infrastructure Investors LLC) are both stocks. Both are in the Industrials sector — BDT.TO in Engineering & Construction, FTAI in Rental & Leasing Services. Over the past 10 years, BDT.TO returned 21.38%/yr vs 45.38%/yr for FTAI. At a 0.19 correlation, their price movements are largely independent.

Performance

BDT.TO vs. FTAI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bird Construction Inc. (BDT.TO) and Fortress Transportation and Infrastructure Investors LLC (FTAI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BDT.TO is traded in CAD, while FTAI is traded in USD. To make them comparable, the FTAI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BDT.TO achieves a 112.18% return, which is significantly higher than FTAI's 19.61% return. Over the past 10 years, BDT.TO has underperformed FTAI with an annualized return of 21.38%, while FTAI has yielded a comparatively higher 45.38% annualized return.

BDT.TO

• 1D: -0.70%
• 1M: 12.25%
• YTD: 112.18%
• 6M: 119.72%
• 1Y: 124.25%
• 3Y*: 98.06%
• 5Y*: 49.79%
• 10Y*: 21.38%

FTAI

• 1D: -1.26%
• 1M: -12.82%
• YTD: 19.61%
• 6M: 31.35%
• 1Y: 83.45%
• 3Y*: 105.69%
• 5Y*: 59.59%
• 10Y*: 45.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDT.TO vs. FTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BDT.TO Bird Construction Inc.	112.18%	13.11%	85.68%	85.25%	-12.93%	28.05%	19.21%	24.56%	-36.53%	16.72%
FTAI Fortress Transportation and Infrastructure Investors LLC	19.61%	31.71%	241.36%	174.95%	-32.65%	29.21%	29.99%	41.95%	-15.64%	51.28%

Correlation

The correlation between BDT.TO and FTAI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since May 15, 2015	0.19

Fundamentals

Market Cap BDT.TO : CA$3.32B FTAI : $24.03B
EPS BDT.TO : CA$0.89 FTAI : $5.13
PE Ratio BDT.TO : 67.21 FTAI : 44.90
PEG Ratio BDT.TO : 6.06 FTAI : 0.03
PS Ratio BDT.TO : 0.96 FTAI : 8.43
PB Ratio BDT.TO : 7.70 FTAI : 55.66
Total Revenue (TTM) BDT.TO : CA$3.46B FTAI : $2.84B
Gross Profit (TTM) BDT.TO : CA$334.40M FTAI : $922.62M
EBITDA (TTM) BDT.TO : CA$190.07M FTAI : $992.07M

Return for Risk

BDT.TO vs. FTAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDT.TO

BDT.TO Risk / Return Rank: 93
BDT.TO Sharpe Ratio Rank: 95
BDT.TO Sortino Ratio Rank: 92
BDT.TO Omega Ratio Rank: 94
BDT.TO Calmar Ratio Rank: 92
BDT.TO Martin Ratio Rank: 93

FTAI

FTAI Risk / Return Rank: 79
FTAI Sharpe Ratio Rank: 79
FTAI Sortino Ratio Rank: 80
FTAI Omega Ratio Rank: 76
FTAI Calmar Ratio Rank: 80
FTAI Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDT.TO vs. FTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bird Construction Inc. (BDT.TO) and Fortress Transportation and Infrastructure Investors LLC (FTAI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BDT.TO	FTAI	Difference
Sharpe ratio: Return per unit of total volatility	3.06	1.32	+1.74
Sortino ratio: Return per unit of downside risk	3.39	2.25	+1.13
Omega ratio: Gain probability vs. loss probability	1.53	1.27	+0.26
Calmar ratio: Return relative to maximum drawdown	4.96	2.69	+2.26
Martin ratio: Return relative to average drawdown	15.32	6.66	+8.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDT.TO vs. FTAI - Sharpe Ratio Comparison

The current BDT.TO Sharpe Ratio is 3.06, which is higher than the FTAI Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BDT.TO and FTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BDT.TO	FTAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.06	1.32	+1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.44	1.06	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.89	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.74	-0.06

Drawdowns

BDT.TO vs. FTAI - Drawdown Comparison

The maximum BDT.TO drawdown since its inception was -67.94%, roughly equal to the maximum FTAI drawdown of -70.77%. Use the drawdown chart below to compare losses from any high point for BDT.TO and FTAI.

Drawdown Indicators

	BDT.TO	FTAI	Difference
Max Drawdown Largest peak-to-trough decline	-67.94%	-70.77%	+2.83%
Max Drawdown (1Y) Largest decline over 1 year	-25.20%	-31.13%	+5.93%
Max Drawdown (3Y) Largest decline over 3 years	-42.63%	-52.18%	+9.55%
Max Drawdown (5Y) Largest decline over 5 years	-42.81%	-52.18%	+9.37%
Max Drawdown (10Y) Largest decline over 10 years	-63.46%	-70.77%	+7.31%
Current Drawdown Current decline from peak	-6.51%	-23.95%	+17.44%
Average Drawdown Average peak-to-trough decline	-17.98%	-16.03%	-1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.14%	12.60%	-4.46%

Volatility

BDT.TO vs. FTAI - Volatility Comparison

Bird Construction Inc. (BDT.TO) and Fortress Transportation and Infrastructure Investors LLC (FTAI) have volatilities of 18.35% and 17.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDT.TO	FTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.35%	17.60%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	27.78%	47.41%	-19.63%
Volatility (1Y) Calculated over the trailing 1-year period	40.95%	63.88%	-22.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.79%	56.71%	-21.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.97%	51.44%	-17.47%

Dividends

BDT.TO vs. FTAI - Dividend Comparison

BDT.TO's dividend yield for the trailing twelve months is around 1.40%, more than FTAI's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDT.TO Bird Construction Inc.	1.40%	2.95%	2.25%	2.94%	4.85%	3.97%	4.89%	5.45%	6.38%	3.85%	8.38%	5.84%
FTAI Fortress Transportation and Infrastructure Investors LLC	0.65%	0.64%	0.83%	2.59%	7.54%	4.56%	5.63%	6.76%	9.21%	6.62%	9.92%	4.26%

Financials

BDT.TO vs. FTAI - Profitability Comparison

The chart below illustrates the profitability comparison between Bird Construction Inc. and Fortress Transportation and Infrastructure Investors LLC over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BDT.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bird Construction Inc. reported a gross profit of 60.15M and revenue of 783.37M. Therefore, the gross margin over that period was 7.7%.

FTAI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Infrastructure Investors LLC reported a gross profit of 306.43M and revenue of 830.70M. Therefore, the gross margin over that period was 36.9%.

BDT.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bird Construction Inc. reported an operating income of 41.72M and revenue of 783.37M, resulting in an operating margin of 5.3%.

FTAI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Infrastructure Investors LLC reported an operating income of 241.44M and revenue of 830.70M, resulting in an operating margin of 29.1%.

BDT.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bird Construction Inc. reported a net income of 11.40M and revenue of 783.37M, resulting in a net margin of 1.5%.

FTAI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Infrastructure Investors LLC reported a net income of 134.19M and revenue of 830.70M, resulting in a net margin of 16.2%.

Frequently Asked Questions

Can I hold both BDT.TO and FTAI in my portfolio?

BDT.TO and FTAI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.