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TechnipFMC PLC (FTI)
NYSE:FTI
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TechnipFMC
(NYSE:FTI)
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Rating:80Outperform
Price Target:
$58.00
â–²(11.03% Upside)
TechnipFMC's strong financial performance and positive earnings call sentiment are the most significant factors contributing to its score. The technical analysis indicates a positive trend, though caution is advised due to overbought signals. The valuation is moderate, with a fair P/E ratio but low dividend yield.
Positive Factors
Strong Financial Performance
Strong financial performance with high EBITDA margin indicates effective cost management and operational efficiency, supporting long-term profitability.
Robust Subsea Orders
High subsea order intake reflects strong market demand and competitive positioning, ensuring revenue stability and growth potential.
Increased Share Repurchase Authorization
Increased share repurchase authorization demonstrates confidence in financial health and commitment to enhancing shareholder value.
Negative Factors
Seasonal Revenue Decline Expected
Expected seasonal revenue decline could impact short-term financial performance, highlighting potential volatility in revenue streams.
Challenges in North America
Challenges in North America may hinder growth in a key market, affecting overall segment performance and strategic objectives.
Moderate Reliance on Equity Financing
Moderate reliance on equity financing can limit financial flexibility and increase cost of capital, impacting long-term strategic initiatives.
TechnipFMC (FTI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$21.13B
Dividend Yield0.44%
Average Volume (3M)2.87M
Price to Earnings (P/E)23.4
Beta (1Y)1.11
Revenue Growth11.73%
EPS Growth45.70%
CountryUS
Employees21,000
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)0.75
Shares Outstanding404,520,080
10 Day Avg. Volume2,974,266
30 Day Avg. Volume2,865,584
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)4.01
Price to Sales (P/S)1.36
P/FCF Ratio18.28
Enterprise Value/Market Cap0.80
Enterprise Value/Revenue1.72
Enterprise Value/Gross Profit5.83
Enterprise Value/Ebitda9.65
Forecast
1Y Price Target
$51.08Price Target Upside-2.22% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)2.8
Revenue Forecast (FY)$10.64B
TechnipFMC Business Overview & Revenue Model
Company DescriptionTechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and processing systems; subsea umbilicals, risers, and flowlines; vessels; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. This segment also offers well and asset services; research, engineering, manufacturing, and supply chain; and product management services. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment offers drilling and completion systems; surface wellheads and production trees systems; iComplete, a digitally enabled pressure control system; fracturing tree and manifold systems; pressure pumping; well service pumps; well control, safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; flowback and well testing services; skid systems; automation and digital systems; and flow measurement and automation solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flexible lines and flowline products and services. TechnipFMC plc has a strategic alliance with Talos Energy Inc. to develop and deliver technical and commercial solutions to Carbon Capture and Storage projects. The company was founded in 1884 and is based in Newcastle Upon Tyne, the United Kingdom.
How the Company Makes MoneyTechnipFMC generates revenue primarily through contracts for engineering, procurement, and construction (EPC) services in the oil and gas sector. Its key revenue streams include subsea projects that involve the installation of underwater systems, as well as onshore and offshore projects that provide integrated solutions for oil and gas production. The company's revenue is bolstered by long-term contracts with major energy companies, which provide a stable income base. Additionally, TechnipFMC benefits from strategic partnerships and joint ventures that enhance its technological capabilities and market reach, allowing it to participate in larger projects and expand its service offerings.
TechnipFMC Earnings Call Summary
Earnings Call Date:Oct 23, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 19, 2026
Earnings Call Sentiment Positive
TechnipFMC demonstrated strong financial performance, robust subsea order intake, and an increased share repurchase program, indicating a positive outlook. However, seasonal revenue declines and challenges in North America were noted. The overall sentiment of the call is positive, with highlights significantly outweighing the lowlights.Q3-2025 Updates
Positive Updates
Strong Financial Performance
TechnipFMC reported a total company revenue of $2.6 billion and an adjusted EBITDA of $531 million with a margin of 20.1% for Q3 2025. The company generated free cash flow of $448 million and distributed $271 million through dividends and share repurchases.
Robust Subsea Orders
Subsea achieved quarterly inbound orders of $2.4 billion, contributing to a total company order intake of more than $2.6 billion in the period. The company is on track to deliver more than $10 billion of subsea orders in 2025.
Increased Share Repurchase Authorization
TechnipFMC's Board of Directors authorized additional share repurchases of up to $2 billion, bringing the total current authorization to $2.3 billion.
Positive Full-Year Outlook
The company increased its full-year guidance for adjusted EBITDA by $30 million to approximately $1.83 billion, and free cash flow guidance to a range of $1.3 billion to $1.45 billion.
Strong Future Prospects
For 2026, TechnipFMC is guiding Subsea revenue to a range of $9.1 billion to $9.5 billion with an adjusted EBITDA margin of 20.5% to 22%.
Reduction in Debt
TechnipFMC reduced debt by $258 million during the quarter, including the early repayment of senior notes, ending the period with a net cash position of $439 million.
Negative Updates
Seasonal Revenue Decline Expected
For Q4 2025, Subsea revenue is expected to decline mid-single digits sequentially, with a decrease in adjusted EBITDA margin by approximately 300 basis points to 18.8%.
Challenges in North America
Surface Technologies reported lower activity in North America, partially offsetting gains in the North Sea and Asia Pacific.
Company Guidance
In the third quarter of 2025, TechnipFMC reported revenue of $2.6 billion and adjusted EBITDA of $531 million, with a margin of 20.1% when excluding foreign exchange impacts. The company achieved free cash flow of $448 million, distributing $271 million through dividends and share repurchases, exemplifying its commitment to returning a significant portion of free cash flow to shareholders. Subsea orders totaled $2.4 billion, highlighting strong commercial success, especially in South America and Guyana. The company anticipates delivering over $10 billion in subsea orders for 2025 and projects a robust subsea revenue range of $9.1 billion to $9.5 billion for 2026, with margins between 20.5% and 22%. TechnipFMC also announced an increase in share repurchase authorization by $2 billion, underscoring confidence in its financial outlook and commitment to shareholder value.TechnipFMC Financial Statement Overview
Summary
TechnipFMC exhibits strong financial performance with robust revenue growth, improved profit margins, and excellent cash flow management. The balance sheet reflects financial stability with effective equity utilization and manageable debt levels.Income Statement
TechnipFMC exhibits strong revenue growth with a TTM (Trailing-Twelve-Months) revenue increase of 4.41% from the previous annual period. The gross profit margin has significantly improved to 29.15%, and net profit margin is robust at 9.6%. The EBIT margin stands at 12.16%, showing solid operational efficiency. EBITDA margin is also healthy at 14.54%. These metrics indicate strong profitability and operational performance.85
Very Positive
Balance Sheet
The balance sheet shows a stable financial position with a debt-to-equity ratio of 0.31, indicating good leverage management. The equity ratio is 32.26%, suggesting a balanced capital structure. Return on equity (ROE) is high at 28.01%, reflecting effective use of equity to generate profits. Overall, the balance sheet reflects financial stability with a manageable level of debt.78
Positive
Cash Flow
TechnipFMC demonstrates strong cash flow performance with a substantial increase in free cash flow from the previous period, growing by 93.99%. The operating cash flow to net income ratio of 1.8 and free cash flow to net income ratio of 1.45 indicate efficient cash conversion and strong liquidity. These metrics highlight excellent cash management and liquidity strength.82
Very Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.80B | 9.08B | 7.83B | 6.70B | 6.40B | 6.53B |
| Gross Profit | 2.90B | 1.71B | 1.34B | 896.30M | 823.90M | 694.80M |
| EBITDA | 1.75B | 1.41B | 964.00M | 576.80M | 464.00M | 307.50M |
| Net Income | 972.60M | 842.90M | 22.90M | -107.20M | 13.30M | -3.29B |
Balance Sheet | ||||||
| Total Assets | 10.25B | 9.87B | 9.66B | 9.44B | 10.02B | 19.69B |
| Cash, Cash Equivalents and Short-Term Investments | 876.60M | 1.17B | 962.10M | 1.06B | 1.64B | 1.27B |
| Total Debt | 1.16B | 1.79B | 1.97B | 2.29B | 2.83B | 4.32B |
| Total Liabilities | 6.88B | 6.73B | 6.48B | 6.17B | 6.60B | 15.43B |
| Stockholders Equity | 3.33B | 3.09B | 3.14B | 3.24B | 3.40B | 4.15B |
Cash Flow | ||||||
| Free Cash Flow | 1.54B | 679.40M | 451.10M | 194.20M | 589.60M | 400.80M |
| Operating Cash Flow | 1.89B | 961.00M | 676.30M | 352.10M | 781.30M | 656.90M |
| Investing Cash Flow | -323.50M | -75.80M | -125.60M | 162.20M | 768.70M | -180.60M |
| Financing Cash Flow | -1.54B | -648.00M | -639.80M | -796.70M | -5.02B | -1.08B |
TechnipFMC Technical Analysis
Positive
52.24
Price Trends
45.36
Positive
41.92
Positive
36.89
Positive
Market Momentum
1.69
Negative
78.60
Negative
90.97
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FTI, the sentiment is Positive. The current price of 52.24 is above the 20-day moving average (MA) of 46.77, above the 50-day MA of 45.36, and above the 200-day MA of 36.89, indicating a bullish trend. The MACD of 1.69 indicates Negative momentum. The RSI at 78.60 is Negative, neither overbought nor oversold. The STOCH value of 90.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTI.
TechnipFMC Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $21.13B | 23.42 | 28.72% | 0.44% | 11.73% | 45.70% | |
76 Outperform | $49.32B | 17.21 | 16.83% | 2.04% | 1.51% | 30.09% | |
75 Outperform | $22.61B | 11.38 | 11.69% | 4.43% | -9.76% | -18.94% | |
72 Outperform | $6.45B | 17.67 | 5.93% | 3.24% | -1.43% | -63.13% | |
71 Outperform | $27.81B | 21.88 | 12.77% | 2.41% | -4.06% | -47.41% | |
70 Outperform | $70.17B | 18.15 | 15.46% | 2.98% | -2.13% | -16.76% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
* Energy Sector Average
FTI
TechnipFMC
52.24
19.87
61.38%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.