TechnipFMC (FTI) AI Stock Analysis

• Market Cap: $22.87B
• Dividend Yield: 0.44%
• Average Volume (3M): 2.57M
• Price to Earnings (P/E): 25.7
• Beta (1Y): 1.12
• Revenue Growth: 11.73%
• EPS Growth: 45.70%
• Country: US
• Employees: 21,000
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.75
• Shares Outstanding: 404,520,080
• 10 Day Avg. Volume: 3,116,594
• 30 Day Avg. Volume: 2,568,485
• PEG Ratio: <0.01
• Price to Book (P/B): 4.01
• Price to Sales (P/S): 1.37
• P/FCF Ratio: 18.28
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 2.40
• Enterprise Value/Gross Profit: 8.12
• Enterprise Value/Ebitda: 13.43
• 1Y Price Target: $52.44
• Price Target Upside: -8.54% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $65.00 ▲(13.36% Upside)

The score is driven primarily by strong financial performance and a bullish, guidance-supported earnings outlook (robust orders, raised targets, and expanded buybacks). Technicals confirm an uptrend but are overextended, while valuation (P/E 25.30 and ~0.35% yield) is a meaningful headwind.

Positive Factors

Strong free cash flow

Sustained free cash flow growth (TTM +16.88%) indicates durable internal funding for capex, debt reduction, and shareholder returns. Reliable cash conversion supports buybacks and dividends without needing external financing, improving strategic flexibility over the next 2–6 months.

Low leverage / improving net cash

Low D/E (0.23) and recent $258M debt reduction to a net cash position strengthen balance sheet resilience. This reduces interest and refinancing risk, enhances capital allocation optionality, and improves ability to pursue contracts or return capital amid industry cyclicality over coming quarters.

Robust subsea order momentum

Strong and growing subsea order intake (quarterly $2.4B and >$10B target) underpins multi-quarter revenue visibility and backlog-driven cash flow. Guidance for sizable 2026 subsea revenue and healthy margins signals sustained commercial strength and competitive positioning in subsea markets.

Negative Factors

Regional activity weakness

Weaker North American activity in Surface Technologies reduces near-term segment revenue and exposes the company to uneven regional end-market recoveries. Persistent North America softness could slow consolidated growth and pressure margins if it persists over several quarters.

Moderate equity ratio

An equity ratio near 32.5% signals a moderate reliance on equity capital versus assets, which can limit leverage headroom and returns amplification. If management prioritizes conservative financing, growth via larger EPC projects could be constrained without raising additional equity or deploying cash reserves.

Concentration in oil & gas subsea

High dependence on subsea EPC contracts concentrates revenue on oil & gas capex cycles. A downturn or slower project sanction activity in upstream spending would materially affect backlog, utilization and margins across multiple quarters despite current order strength.

TechnipFMC Business Overview & Revenue Model

Company Description

TechnipFMC 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 Money

TechnipFMC 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 Financial Statement Overview

Summary

Strong overall fundamentals supported by solid profitability (TTM gross margin 29.57%, net margin 9.92%), low leverage (debt-to-equity 0.23), and improving cash generation (TTM free cash flow growth 16.88%).

Income Statement

TechnipFMC's income statement shows strong growth and profitability. The TTM (Trailing-Twelve-Months) revenue growth rate of 3.15% indicates a positive trend, supported by a robust gross profit margin of 29.57% and a net profit margin of 9.92%. The EBIT and EBITDA margins are also healthy at 13.56% and 17.87%, respectively, reflecting efficient operations and cost management. Overall, the company demonstrates solid revenue growth and profitability, positioning it well within the industry.

Balance Sheet

The balance sheet of TechnipFMC reveals a stable financial position with a debt-to-equity ratio of 0.23, indicating low leverage and reduced financial risk. The return on equity (ROE) is impressive at 30.53%, showcasing effective utilization of shareholder funds. However, the equity ratio of 32.47% suggests moderate reliance on equity financing. Overall, the company maintains a strong balance sheet with good returns, though there is room for improvement in equity utilization.

Cash Flow

TechnipFMC's cash flow statement highlights strong cash generation capabilities. The free cash flow growth rate of 16.88% in the TTM period is a positive indicator of financial health. The operating cash flow to net income ratio of 0.37 and free cash flow to net income ratio of 0.82 demonstrate efficient cash conversion. The company shows robust cash flow management, supporting its operational and strategic initiatives.

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

• Technical Analysis Sentiment: Positive
• Last Price: 57.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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 57.34 is above the 20-day moving average (MA) of 53.39, above the 50-day MA of 48.66, and above the 200-day MA of 38.86, indicating a bullish trend. The MACD of 2.54 indicates Negative momentum. The RSI at 75.67 is Negative, neither overbought nor oversold. The STOCH value of 86.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTI.

TechnipFMC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FTI	76 Outperform	$22.87B	25.70	28.72%	0.44%	11.73%	45.70%
BKR	76 Outperform	$58.39B	22.31	14.42%	2.04%	1.51%	30.09%
TS	75 Outperform	$24.64B	12.42	11.69%	4.43%	-9.76%	-18.94%
SLB	73 Outperform	$76.79B	21.19	14.28%	2.98%	-2.13%	-16.76%
NOV	72 Outperform	$7.07B	18.75	5.93%	3.24%	-1.43%	-63.13%
HAL	66 Neutral	$28.90B	22.52	12.24%	2.41%	-4.06%	-47.41%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%