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TechnipFMC plc

FTI

TechnipFMC plc • NYSE
$45.26 ▲ 0.04% (+0.02)
Market Cap $18.90 B
52w High $45.77
52w Low $22.12
Dividend Yield 0.20%
P/E 20.39
Volume 1.43M
Outstanding Shares 417.56M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.647B ▲ $983.4M ▲ $309.7M ▲ 11.699% ▲ $0.75 ▲ $515.8M ▼
Q2-2025 $2.535B ▲ $190.3M ▼ $269.5M ▲ 10.632% ▲ $0.65 ▲ $518.2M ▲
Q1-2025 $2.234B ▼ $206.4M ▲ $142M ▼ 6.357% ▼ $0.34 ▼ $360.9M ▲
Q4-2024 $2.387B ▲ $192M ▼ $251.4M ▼ 10.53% ▼ $0.59 ▼ $356.9M ▼
Q3-2024 $2.348B $207M $274.6M 11.693% $0.64 $380.8M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $876.6M ▼ $10.251B ▲ $6.878B ▲ $3.328B ▲
Q2-2025 $950M ▼ $10.082B ▲ $6.785B ▼ $3.252B ▲
Q1-2025 $1.194B ▲ $9.972B ▲ $6.855B ▲ $3.071B ▼
Q4-2024 $1.166B ▲ $9.869B ▲ $6.731B ▲ $3.094B ▼
Q3-2024 $862.8M $9.721B $6.422B $3.259B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $311M ▲ $525.1M ▲ $-70.2M ▲ $-531.6M ▼ $-73.4M ▲ $447.8M ▲
Q2-2025 $269.5M ▲ $344.2M ▼ $-82.6M ▼ $-514.9M ▼ $-236.8M ▼ $260.6M ▼
Q1-2025 $142M ▼ $441.7M ▼ $-58.2M ▲ $-365.9M ▼ $29.1M ▼ $379.9M ▼
Q4-2024 $224.7M ▼ $578.9M ▲ $-112.5M ▼ $-125.5M ▼ $320.2M ▲ $452.7M ▲
Q3-2024 $274.6M $277.9M $-50.4M $-104.6M $129.3M $225.3M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Product
Product
 $850.00M ▲$870.00M ▲$1.00Bn ▲$1.01Bn ▲
Service
Service
 $1.46Bn ▲$1.30Bn ▼$1.46Bn ▲$1.56Bn ▲

Five-Year Company Overview

Income Statement

Income Statement TechnipFMC’s income statement shows a clear turnaround story. Sales have been climbing steadily over the past several years, and profits have improved from sizable losses earlier in the decade to solid profitability most recently. Margins are widening as the company gets better operating leverage from its subsea and project portfolio, suggesting better pricing discipline and cost control. That said, results are still tied to oil and gas project cycles, so earnings could remain volatile if offshore spending slows or projects are delayed.

Balance Sheet

Balance Sheet The balance sheet looks meaningfully healthier than a few years ago. Total debt has been brought down, while cash levels remain comfortable, which lowers financial risk and interest pressure. Overall asset levels are leaner, reflecting a more focused portfolio after past restructurings, and equity has held relatively steady. The company is not debt‑free and still operates in a capital‑intensive industry, but its financial footing appears more resilient than during its prior downcycle.

Cash Flow

Cash Flow Cash generation is a key strength. The business has produced positive operating cash flow each year in the recent period, with a clear upward trend. After funding a moderate and stable level of capital spending, free cash flow has consistently remained positive and has grown over time. This suggests that reported earnings are backed by real cash, giving TechnipFMC room to invest in projects, manage debt, and navigate industry swings without relying excessively on external financing.

Competitive Edge

Competitive Edge TechnipFMC holds a strong niche in complex offshore and subsea projects, where technical difficulty and execution risk are high. Its main edge is its integrated model: it can design, engineer, manufacture, and install systems under a single contract, which simplifies life for clients and can lower their project risk and cost. Deep expertise in subsea engineering, long relationships with major energy companies, and a broad installed base create high switching costs. However, the company still competes against other large engineering and service firms, and remains exposed to the overall level of offshore investment and customer capital budgets.

Innovation and R&D

Innovation and R&D Innovation is tightly woven into TechnipFMC’s strategy. Its integrated project models, standardized subsea systems, and digital tools are designed to shorten project timelines and reduce complexity for clients, helping it win and retain business. Beyond traditional oil and gas, the company is actively investing in newer areas such as carbon capture, floating offshore wind, and offshore hydrogen concepts, reusing its subsea know‑how. These initiatives could open new growth avenues over time, but many are still early‑stage and will depend on policy support, customer adoption, and successful pilot projects.

Summary

TechnipFMC has moved from a period of heavy losses and restructuring to one of rising revenue, stronger profitability, and more reliable cash flow. The balance sheet is leaner and less leveraged, and cash generation provides a solid buffer against the cyclicality of energy projects. Competitively, its integrated subsea offering and project execution track record give it a defensible position in a demanding market. At the same time, it is trying to adapt to the energy transition by investing in carbon capture and offshore renewables, which bring both opportunity and uncertainty. Overall, the company now looks financially sturdier and better positioned operationally, but its fortunes remain closely tied to global offshore spending and the pace of the shift in the energy mix.

NEWS

November 17, 2025 · 4:15 PM UTC

TechnipFMC Awarded Substantial iEPCI™ Contract for Eni's Maha Project in Indonesia

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November 13, 2025 · 4:15 PM UTC

TechnipFMC to Speak at TD Cowen 2nd Annual Energy Conference

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November 10, 2025 · 3:00 AM UTC

FTI Consulting Continues Investment in EMEA Tax Capabilities with Addition of Two Senior Hires

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October 23, 2025 · 7:30 AM UTC

FTI Consulting Reports Record Third Quarter 2025 Financial Results

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October 23, 2025 · 6:45 AM UTC

TechnipFMC Announces Third-Quarter 2025 Results

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