TechnipFMC plc

NYSE:FTI Stock Report

Market Cap: US$12.2b

TechnipFMC Balance Sheet Health

Financial Health criteria checks 6/6

TechnipFMC has a total shareholder equity of $3.3B and total debt of $966.7M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $9.7B and $6.4B respectively. TechnipFMC's EBIT is $974.6M making its interest coverage ratio 9.2. It has cash and short-term investments of $862.8M.

Key information

29.3%

Debt to equity ratio

US$966.70m

Debt

Interest coverage ratio9.2x
CashUS$862.80m
EquityUS$3.30b
Total liabilitiesUS$6.42b
Total assetsUS$9.72b

Recent financial health updates

We Think TechnipFMC (NYSE:FTI) Can Manage Its Debt With Ease

Dec 14
We Think TechnipFMC (NYSE:FTI) Can Manage Its Debt With Ease

Does TechnipFMC (NYSE:FTI) Have A Healthy Balance Sheet?

Jun 26
Does TechnipFMC (NYSE:FTI) Have A Healthy Balance Sheet?

Recent updates

We Think TechnipFMC (NYSE:FTI) Can Manage Its Debt With Ease

Dec 14
We Think TechnipFMC (NYSE:FTI) Can Manage Its Debt With Ease

There May Be Underlying Issues With The Quality Of TechnipFMC's (NYSE:FTI) Earnings

Nov 01
There May Be Underlying Issues With The Quality Of TechnipFMC's (NYSE:FTI) Earnings

A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)

Oct 14
A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)

Investors Continue Waiting On Sidelines For TechnipFMC plc (NYSE:FTI)

Sep 19
Investors Continue Waiting On Sidelines For TechnipFMC plc (NYSE:FTI)

TechnipFMC: Should You Buy The Dip?

Sep 16

TechnipFMC: Delivering In Subsea Energy Technology And Backlog Conversion

Jul 31

Does TechnipFMC (NYSE:FTI) Have A Healthy Balance Sheet?

Jun 26
Does TechnipFMC (NYSE:FTI) Have A Healthy Balance Sheet?

A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)

May 21
A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)

TechnipFMC: Room To Stay Bullish With Shares Near A 5-Year High

Apr 09

Take Care Before Diving Into The Deep End On TechnipFMC plc (NYSE:FTI)

Feb 19
Take Care Before Diving Into The Deep End On TechnipFMC plc (NYSE:FTI)

TechnipFMC: Right Place At The Right Time

Dec 27

Despite Its Steep Rally, TechnipFMC Is Reasonably Valued

Oct 10

TechnipFMC: Dividend Initiation Supports Bullish Outlook

Aug 03

TechnipFMC: Optimistic About Subsea 2.0 Development

May 25

TechnipFMC bags significant contract by TotalEnergies EP Angola for the first subsea life extension project

Feb 21

TechnipFMC procures "large" iEPCI contract from Aker BP

Jan 31

Strong Position In The Subsea Market Gives TechnipFMC An Edge

Jan 24

TechnipFMC secures 'significant' contract by Wintershall Dea

Jan 11

TechnipFMC: Show Me The Money

Dec 21

TechnipFMC plc: Earnings Momentum Keeps It Interesting

Sep 29

TechnipFMC wins 'significant' contract for Shell's Jackdaw project

Sep 22

TechnipFMC: Deep Value Offshore

Jul 25

TechnipFMC gets engineering & design study contract for Equinor's BM-C-33 Brazil project

Jul 05

Miller Value Partners - TechnipFMC: Driving Efficiencies, Doubling Profits

May 04

New Project Pipeline And Alliances Will Drive TechnipFMC

Dec 11

TechnipFMC's Steady Orders And Cash Flow Growth Can Attract Investors

Sep 02

Financial Position Analysis

Short Term Liabilities: FTI's short term assets ($5.2B) exceed its short term liabilities ($4.6B).

Long Term Liabilities: FTI's short term assets ($5.2B) exceed its long term liabilities ($1.9B).

Debt to Equity History and Analysis

Debt Level: FTI's net debt to equity ratio (3.1%) is considered satisfactory.

Reducing Debt: FTI's debt to equity ratio has reduced from 37.5% to 29.3% over the past 5 years.

Debt Coverage: FTI's debt is well covered by operating cash flow (117.2%).

Interest Coverage: FTI's interest payments on its debt are well covered by EBIT (9.2x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TechnipFMC plc is covered by 80 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark van der GeestABN AMRO Bank N.V.
Pierre-Yves GauthierAlphaValue
Marzio FoaAlphaValue