TechnipFMC plc

FTI Energy Oil & Gas Equipment & Services

TechnipFMC plc’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 9.35% from fiscal 2024.

Revenue
+9.39%
EPS
+40.8%
Free cash flow
+4.89%
Total debt
−10.2%

Quarter to September 2026, against a year earlier

61.96 2.54 −3.94%
Market cap
$24.0B
P/E
19.1×
Fwd P/E
21.7×
Dividend yield
0.32%
F-score
9/9
Altman Z
2.61
Beneish M
−2.99
Dividend safety
78/100

Revenue by segment Fiscal 2025

  • Subsea
  • Surface Technologies

Every year since 2015 →

Insider Decisions last twelve months

Bought, $m 0.50
Sold, $m 2.67
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — 1 — — —
Sell — — 1 1 — 4 — — — 1 — —
Insider Ownership 1.92%

Capital & Financial Ratios $m

Size
Market Cap 23,950.00
Revenue ttm 10,668.60
Net income ttm 1,285.30
Free cash flow ttm 1,605.80
Net debt Q (595.90)
Valuation
P/E 19.12
Forward P/E 21.70
Price / sales 2.27
Forward P/S Powerpack
Price / FCF 15.11
Price / book 7.27 (above 6: high)
Financial health
Current ratio Q 1.09
Debt / equity Q 0.14 (at or below 0.5: strong)
Interest coverage Q 41.56
Growth
Revenue growth Q +9.39% (above 0%: growing)
Operating income growth Q +27.26% (above 0%: growing)
EPS, this year +31.54% (at or above 15%: strong)
EPS, next year A +16.50% (at or above 15%: strong)
Revenue, next year A +8.61%
EPS, past 5 yrs —
EPS, next 5 yrs A +20.95% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 45.96%
10-year low 10-year high
P/S against its own 10 years 92.81%
10-year low 10-year high
P/B against its own 10 years 93.18%
10-year low 10-year high
EV/Sales against its own 10 years 92.81%
10-year low 10-year high
EV/FCF against its own 10 years 54.11%
10-year low 10-year high

Dividends

Yield
0.32%
Annual rate
0.20
Payout ratio
6.29%
Growth, 2018–26
−7.91%/yr
  1. 0.39 ’18
  2. 0.39 ’19 +0
  3. 0.10 ’20 −75
  4. 0.00 ’21 −100
  5. 0.00 ’22
  6. 0.10 ’23
  7. 0.20 ’24 +100
  8. 0.20 ’25 +0
  9. 0.20 ’26 +0
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 952 1,158 1,032 1,049
Receivables 1,294 1,455 1,308 1,535
Inventory 1,100 1,077 1,153 1,235
Other 839 810 987 792
5,195 5,468 5,545 5,911
2023 2024 2025 Q'26
Payables 1,356 1,303 1,180 1,455
ST’ Debt 154 278 34 122
Other 2,478 2,935 3,381 3,443
4,469 4,865 4,915 5,444

Compound Annual Growth %

10y 5y 3y
Sales (1.43%) 8.75% 14.02%
Cash Flow 9.68% 21.85% 71.13%
Earnings 52.25% 0.00% 0.00%
Book Value 2.96% (4.17%) 1.29%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.64 0.90 1.05 — —
’25 0.33 0.64 0.75 0.59 2.30
’24 0.35 0.42 0.63 0.52 1.91
’23 0.00 (0.20) 0.20 0.12 0.12
’22 (0.13) 0.00 (0.02) (0.08) (0.24)
’21 0.81 (0.37) (0.07) (0.35) 0.03
’20 (7.28) 0.03 (0.01) (0.09) (7.33)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 2,493 2,763 2,896 — —
’25 2,234 2,535 2,647 2,517 9,933
’24 2,042 2,326 2,348 2,367 9,083
’23 1,717 1,972 2,057 2,078 7,824
’22 1,556 1,717 1,733 1,694 6,700
’21 1,632 1,669 1,579 1,523 6,404
’20 1,583 1,620 1,728 1,600 6,531
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 333 548 531 — —
’25 442 344 525 454 1,765
’24 (127) 231 278 579 961
’23 (386) 156 222 701 693
’22 (329) (97) 212 566 352
’21 248 (86) 136 484 781
’20 28 (94) 168 555 657
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 277 488 470 — —
’25 380 261 448 371 1,460
’24 (179) 180 225 472 699
’23 (443) 103 254 639 553
’22 (357) (125) 187 520 224
’21 204 (37) 96 432 694
’20 (40) (164) 102 549 446
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 3.2% a year for ten years. It grew 15.8% a year over the last ten.

Implied
3.2%
10 years, reported
15.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 9,200 15,057 12,553 6,950 6,531 6,404 6,700 7,824 9,083 9,933 10,669 +0.9% 10,788 11,428 11,988 +6.5%
Gross margin, % 17.06 16.82 18.16 15.22 10.64 12.87 13.38 16.28 18.97 21.96 23.60 +4.9 pt
EBT 551 680 (1,488) (2,571) (3,499) 198 69 207 940 1,270 1,633 +9.7%
EBT margin, % 5.99 4.51 (11.85) (36.99) (53.57) 3.09 1.03 2.64 10.35 12.79 15.31 +6.8 pt
Net income 371 134 (1,911) (2,412) (3,238) 14 (82) 52 855 967 1,285 +11.2%
Per share, $
Per share, $ Revenue 77.05 32.26 27.41 15.51 14.55 14.21 14.91 17.84 21.17 24.10 27.24 (12.1%)
Earnings 3.11 0.24 (4.20) (5.39) (7.33) 0.03 (0.24) 0.13 1.96 2.34 3.24 (3.1%)
Cash flow 4.14 0.45 (0.40) 1.89 1.46 1.73 0.78 1.58 2.24 4.28 4.76 +0.4%
Capex (2.29) (0.52) (0.76) (0.90) (0.47) (0.19) (0.28) (0.32) (0.61) (0.74) (0.66) (11.8%)
Free cash flow 1.84 (0.07) (1.17) 0.99 0.99 1.54 0.50 1.26 1.63 3.54 4.10 +7.5%
Book value 42.25 28.73 22.68 17.16 9.39 7.59 7.29 7.23 7.31 8.26 8.52 (16.6%)
Shares, m 119 467 458 448 449 451 450 439 429 412 400 +14.8%
Valuation, ×
Valuation, × P/E 6.26 105.42 0.00 0.00 0.00 197.33 0.00 154.23 14.77 18.96 19.12 49.7
P/S 0.75 0.81 0.58 1.13 0.53 0.42 0.77 1.12 1.37 1.85 2.27 0.9
P/B 1.22 0.91 0.71 1.02 0.82 0.78 1.58 2.77 3.96 5.39 7.27 1.9
EV/Sales 0.29 0.62 0.48 1.03 0.86 0.48 0.82 1.15 1.34 1.79 2.22 0.9
EV/FCF 11.04 (303.57) (11.22) 16.13 12.65 4.43 24.52 16.29 17.46 12.21 14.74 (20.0)
Cash, $m
Cash, $m Operating cash flow 494 211 (185) 849 657 781 352 693 961 1,765 1,865 +15.2%
Capex (274) (241) (349) (405) (211) (87) (128) (140) (262) (305) (259) +1.2%
Free cash flow 220 (31) (534) 443 446 694 224 553 699 1,460 1,606 +23.4%
Balance, $m
Balance, $m Working capital 48 3,148 2,642 1,748 1,030 1,490 814 727 603 631 467 +33.0%
Net debt (3,716) (2,882) (1,348) (715) 2,191 411 311 204 (221) (541) (596) (19.3%)
Shareholders’ equity 5,044 13,409 10,389 7,688 4,214 3,418 3,277 3,172 3,138 3,405 3,338 (4.3%)
Returns, %
Returns, % ROA 3.13 0.48 (7.24) (10.00) (15.22) 0.09 (1.10) 0.59 8.63 9.65 12.42 +6.5 pt
ROIC 21.47 5.73 (6.34) (21.13) (34.22) 0.55 3.44 9.43 20.50 28.80 36.84 +7.3 pt
ROE 10.37 1.23 (16.15) (26.72) (55.24) 0.35 (3.20) 1.74 26.71 29.46 38.27 +19.1 pt
People
People Employees — 37,000 37,000 37,000 35,000 22,002 23,346 25,027 25,304 25,407 — (4.6%)
Revenue/emp, $m 0.00 0.41 0.34 0.19 0.19 0.29 0.29 0.31 0.36 0.39 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

TechnipFMC provides equipment, technology and services to energy companies, principally for producing oil and natural gas. It operates through Subsea and Surface Technologies. The company was formed in 2017 through the combination of FMC Technologies and Technip S.A. Douglas J. Pferdehirt is chair and chief executive officer.

Subsea works on offshore fields, from initial design through equipment manufacture, installation and maintenance. Its production systems sit on the seabed and control the flow of oil and gas from a reservoir to a processing facility. The segment also supplies the pipes and connections that carry production and uses specialized vessels to install equipment.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Subsea 8,666 87.25%
Surface Technologies 1,267 12.75%
Gross margin 21.96%
Operating margin 13.29%
Pre-tax margin 12.79%

Revenue by segment since 2015

TechnipFMC plc vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SLB SLB Limited $73.3B 24.0× 23.3× +5.84% (above 0%: growing) 0.00% −20.71% (below 0%: shrinking) 16.57% 11.47% Compare
BKR Baker Hughes Company $45.9B 15.7× 20.2× +14.48% (above 0%: growing) −31.45% (below 0%: shrinking) +10.01% (above 0%: growing) 24.02% 8.67% Compare
TS Tenaris S.A. $28.5B 15.1× — −3.86% (below 0%: shrinking) −4.04% (below 0%: shrinking) −33.29% (below 0%: shrinking) 33.19% 16.65% Compare
HAL Halliburton Company $26.4B 13.4× 15.6× +1.84% (above 0%: growing) +2,400.00% (above 0%: growing) −43.48% (below 0%: shrinking) 14.73% 10.94% Compare
FTI TechnipFMC plc $24.0B 19.1× 21.7× +9.39% (above 0%: growing) +40.79% (above 0%: growing) +4.89% (above 0%: growing) 25.16% 17.80%
NOV NOV Inc. $6.2B 41.9× 21.5× +2.30% (above 0%: growing) +141.91% (above 0%: growing) −116.25% (below 0%: shrinking) 19.72% 6.38% Compare
WFRD Weatherford International PLC $6.0B 14.7× 16.0× −7.22% (below 0%: shrinking) +46.90% (above 0%: growing) +56.57% (above 0%: growing) 32.72% 13.39% Compare
AROC Archrock, Inc. $4.7B 13.8× 18.4× −3.04% (below 0%: shrinking) +21.00% (above 0%: growing) +28.48% (above 0%: growing) 66.83% 39.53% Compare
WHD Cactus, Inc. $4.4B 37.6× 23.4× +63.24% (above 0%: growing) +45.90% (above 0%: growing) −95.60% (below 0%: shrinking) 36.40% 21.83% Compare
Median of peers $16.3B 15.4× 20.2× +2.07% +33.45% −27.00% 28.37% 12.43%

All 48 Oil & Gas Equipment & Services stocks →

Pay and ownership Proxy statement filed 19 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 17.82m 56.50m 649.17
2024 16.55m 56.45m 187.54
2023 17.06m 62.63m 145.16
2022 14.77m 52.76m 55.67
2021 21.93m 15.26m 23.73
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

TechnipFMC plc (FTI) Latest News

30 Oct

Impact 3 · · MarketBeat transcript

29 Oct

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 4 · · Business Wire
Impact 3 · · Simply Wall St.

6 Oct

Impact 3 · · Business Wire

22 Sep

FTI metrics, ten years each

stockrow.com/FTI · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com