ITEM 1. BUSINESS Company Overview TechnipFMC plc (“TechnipFMC,” the “Company,” “we,” or “our”) is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comprehensive solutions, we transform our clients’ project economics, unlocking new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions. Organized in two business segments - Subsea and Surface Technologies - we will continue driving change in the energy industry with our pioneering integrated ecosystems, technology leadership, and digital innovation. Each of our approximately 22,000 employees is driven by a commitment to our clients’ success and a culture of execution excellence, purposeful innovation, and challenging industry conventions. On January 17, 2017, FMC Technologies, Inc. and Technip S.A.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 9.9B | 9.9B | 9.1B | 7.8B | 6.7B | 6.4B |
| Net Income | 964M | 964M | 843M | 56M | -107M | 13M |
| EPS | $2.30 | $2.30 | $1.91 | $0.12 | $-0.24 | $0.03 |
| Free Cash Flow | 1.4B | 1.4B | 679M | 468M | 194M | 590M |
| ROIC | 26.7% | 31.1% | 30.1% | 10.4% | 6.0% | 2.2% |
| Gross Margin | 26.5% | 26.5% | 19.0% | 16.4% | 13.5% | 20.3% |
| Debt/Equity | 0.52 | 0.52 | 0.58 | 0.60 | 0.69 | 0.53 |
| Dividends/Share | $0.20 | $0.20 | $0.20 | $0.20 | $0.13 | $0.13 |
| Operating Income | 1.4B | 1.4B | 1.2B | 658M | 376M | 183M |
| Operating Margin | 14.5% | 14.5% | 12.7% | 8.4% | 5.6% | 2.9% |
| ROE | 28.7% | 29.9% | 27.1% | 1.8% | -3.2% | 0.4% |
| Shares Outstanding | 419M | 419M | 441M | 468M | 447M | 443M |
TechnipFMC plc passes 4 of 9 quality checks, suggesting mixed fundamentals.
TechnipFMC plc trades at 32.6x trailing earnings, compared to its 15-year median P/E of 15.1x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 20.7x vs a median of 15.6x. The company's 5-year average ROIC is 16.0% with a gross margin of 19.1%. Total shareholder yield (dividends + buybacks) is 3.2%. At current prices, the estimated annualized return to fair value is +20.1%.
TechnipFMC plc (FTI) has a current P/E ratio of 32.6, compared to its historical median P/E of 15.1. The stock is currently considered Expensive based on its historical valuation range.
TechnipFMC plc (FTI) has a 5-year average return on invested capital (ROIC) of 16.0%. This indicates strong capital allocation and a potential competitive advantage.
TechnipFMC plc (FTI) has a market capitalization of $31.4B. It is classified as a large-cap stock.
Yes, TechnipFMC plc (FTI) pays a dividend with a trailing twelve-month yield of 0.26%. The company also returns capital through share buybacks, with a buyback yield of 2.92%.
Based on historical P/E analysis, TechnipFMC plc (FTI) appears expensive. The current P/E of 32.6 is 116% above its historical median of 15.1. The estimated fair value CAGR (P/E method) is 14.3%.
TechnipFMC plc (FTI) operates in the Oil & Gas Field Machinery & Equipment industry, within the Industrials sector.
TechnipFMC plc (FTI) reported annual revenue of $9.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
TechnipFMC plc (FTI) has a net profit margin of 9.7%. This is a modest margin.
TechnipFMC plc (FTI) generated $1.4 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
TechnipFMC plc (FTI) has a debt-to-equity ratio of 0.52. This indicates moderate leverage.
TechnipFMC plc (FTI) reported earnings per share (EPS) of $2.30 in its most recent fiscal year.
TechnipFMC plc (FTI) has a return on equity (ROE) of 29.9%. This indicates the company generates strong returns for shareholders.
TechnipFMC plc (FTI) has a 5-year average gross margin of 19.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 11 years of financial data for TechnipFMC plc (FTI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
TechnipFMC plc (FTI) has a book value per share of $8.03, based on its most recent annual SEC filing.