TechnipFMC plc (FTI) vs NOV Inc. (NOV)

TechnipFMC plc and NOV Inc. are both Oil & Gas Equipment & Services companies. TechnipFMC plc is the larger, with a market value of $27.8B against $7.1B — 3.9× the size. TechnipFMC plc trades at the lower P/E: 24.2× against 76.4×. TechnipFMC plc grew revenue faster over the last twelve months: 9.87% against −1.72%. TechnipFMC plc has the higher net margin (11.3% vs 1.10%) and the higher return on invested capital (34.3% vs 4.03%). Both pay a dividend; NOV Inc. yields more (1.18% vs 0.56%). Across the 22 metrics below, TechnipFMC plc leads on 14 and NOV Inc. on 8.

Valuation

Metric FTI NOV Oil & Gas Equipment & Services median
P/E 24.23 76.38 24.78
P/S 2.70 0.83 1.28
P/B 8.58 1.14 1.85
Price to free cash flow 17.76 11.84 15.03
EV/EBITDA 14.29 8.79 8.93
EV/Sales 2.65 0.89 1.40
Earnings yield 4.13% 1.31% 3.12%
Free cash flow yield 5.63% 8.44% 5.01%

Profitability

Metric FTI NOV Oil & Gas Equipment & Services median
Gross margin 22.97% 20.53% 23.27%
Operating margin 14.45% 5.08% 9.34%
Net margin 11.28% 1.10% 4.69%
Free cash flow margin 15.20% 6.97% 5.05%
Return on equity 35.76% 1.48% 4.92%
Return on assets 11.50% 0.84% 2.37%
Return on invested capital 34.31% 4.03% 4.32%

Growth

Metric FTI NOV Oil & Gas Equipment & Services median
Revenue growth (TTM) 9.87% (1.72%) 6.08%
EPS growth (last fiscal year) 20.42% (75.63%) —
Revenue growth, 5-year CAGR 8.75% 7.50% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FTI NOV Oil & Gas Equipment & Services median
Debt to equity 0.14 0.27 0.46
Current ratio 1.08 2.42 2.11
Net debt to EBITDA (0.31) 0.18 0.76

Dividend

Metric FTI NOV Oil & Gas Equipment & Services median
Dividend yield 0.56% 1.18% 2.12%
Payout ratio 0.00 0.19 0.00

Size

Metric FTI NOV Oil & Gas Equipment & Services median
Market cap 27.82b 7.09b 1.81b

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