TechnipFMC plc (FTI) vs Halliburton Company (HAL)

TechnipFMC plc and Halliburton Company are both Oil & Gas Equipment & Services companies. TechnipFMC plc and Halliburton Company are of similar size ($27.8B and $27.1B). Halliburton Company trades at the lower P/E: 17.2× against 24.2×. TechnipFMC plc grew revenue faster over the last twelve months: 9.87% against 0.63%. TechnipFMC plc has the higher net margin (11.3% vs 7.16%) and the higher return on invested capital (34.3% vs 9.89%). Both pay a dividend; Halliburton Company yields more (1.95% vs 0.56%). Across the 22 metrics below, TechnipFMC plc leads on 11 and Halliburton Company on 11.

Valuation

Metric FTI HAL Oil & Gas Equipment & Services median
P/E 24.23 17.15 24.78
P/S 2.70 1.22 1.28
P/B 8.58 2.48 1.85
Price to free cash flow 17.76 14.10 15.03
EV/EBITDA 14.29 8.72 8.93
EV/Sales 2.65 1.45 1.40
Earnings yield 4.13% 5.83% 3.12%
Free cash flow yield 5.63% 7.09% 5.01%

Profitability

Metric FTI HAL Oil & Gas Equipment & Services median
Gross margin 22.97% 15.08% 23.27%
Operating margin 14.45% 11.44% 9.34%
Net margin 11.28% 7.16% 4.69%
Free cash flow margin 15.20% 8.68% 5.05%
Return on equity 35.76% 14.83% 4.92%
Return on assets 11.50% 6.26% 2.37%
Return on invested capital 34.31% 9.89% 4.32%

Growth

Metric FTI HAL Oil & Gas Equipment & Services median
Revenue growth (TTM) 9.87% 0.63% 6.08%
EPS growth (last fiscal year) 20.42% (47.00%) —
Revenue growth, 5-year CAGR 8.75% 8.96% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FTI HAL Oil & Gas Equipment & Services median
Debt to equity 0.14 0.65 0.46
Current ratio 1.08 2.02 2.11
Net debt to EBITDA (0.31) 1.46 0.76

Dividend

Metric FTI HAL Oil & Gas Equipment & Services median
Dividend yield 0.56% 1.95% 2.12%
Payout ratio 0.00 0.21 0.00

Size

Metric FTI HAL Oil & Gas Equipment & Services median
Market cap 27.82b 27.12b 1.81b

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