Is the business good?
How good a business is FTI?
TechnipFMC plc earns 43% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
43%
Return on invested capital · cost of capital 9.0% · 34 points above what the capital costs: growth creates value
- Operating margin
- 15%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q1 2026
- Cash conversion
- 1.24×
Cash conversion · 1.50× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −4.9%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −50% |
| FY2021 | 2.9% |
| FY2022 | 5.6% |
| FY2023 | 8.4% |
| FY2024 | 13% |
| FY2025 | 14% |
Details›
- Operating margin12 months to Q1 2026
- 15%
- Net margin12 months to Q1 2026
- 11%
- Free cash flow margin
- 13%
- R&D as % of revenue
- 0.80%
- Revenue, trailing twelve months
- $10.2B
- Free cash flow, trailing twelve months
- $1.34B
- Net income, trailing twelve months
- $1.08B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 43%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Equipment & Services
Ranks #4 of 27 by Smart Score