OverviewSuggest Edit
TechnipFMC is a global energy service company that provides solutions for the production and transformation of hydrocarbons. It delivers projects, products, technologies, and services with a focus on three business segments: Subsea, Surface Technologies, and Technip Energies. The company specializes in subsea processing, field architecture, drilling, gas treament, project management consultancy, flow metering products and systems, floating facilities, installation and maintenance services as well as other related areas. TechnipFMC was formed as a result of a merger between FMC Technologies and Technip.
| Type | Public | |
| Founded | 2017 | |
| HQ | London, GB | Map |
| Website | technipfmc.com | |
| Employee Ratings | More |
Recent NewsAll News
Key People/Management at TechnipFMC
Douglas J. Pferdehirt
Chairman and Chief Executive Officer
Alf Melin
Executive Vice President and Chief Financial Officer
Justin Rounce
Executive Vice President and Chief Technology Officer
Victoria Lazar
Executive Vice President, Chief Legal Officer and Secretary
Nisha Rai
Executive Vice President, People & Culture
Barry Glickman
President of Surface
TechnipFMC Office Locations
TechnipFMC has offices in London, Erie, Houston, Stephenville and in 37 other locations
London, GB (HQ)
1 St. Paul's Churchyard
Luanda, AO
14th floor, R. Rei Katyavala 43
Buenos Aires, AR
Lola Mora 421, Piso 18, Oficina 1802
Perth, AU
1 William St
Bakı, AZ
Uzeyir Hajibeyov street 62, Marine Plaza BC, 17th floor
Rio de Janeiro, BR
R. Dom Marcos Barbosa, 2 - Cidade Nova
TechnipFMC Financials and Metrics
TechnipFMC Revenue
TechnipFMC's revenue was reported to be $13.05 b in FY, 2020 which is a 2.7% decrease from the previous period.
| USD | |
|---|---|
Net income (Q1, 2021) | 371.9m |
EBIT (Q1, 2021) | 514.6m |
Market capitalization (22-Jul-2021) | 3.3b |
Closing stock price (22-Jul-2021) | 7.2 |
Cash (31-Mar-2021) | 752.8m |
EV | 5.7b |
TechnipFMC's current market capitalization is $3.3 b.
Annual
Quarterly
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 91.4m | 201.5m | 335.7m | 19.8m | 133.5m | 18.2m | (3.2b) | (3.2b) | (3.2b) | 432.1m |
Depreciation and Amortization | 131.8m | 270.5m | 412.5m | 119.4m | 236.9m | 378.5m | 120.4m | 227.0m | 244.5m | 95.2m |
Inventories | (59.7m) | (154.2m) | (259.6m) | (61.5m) | (134.9m) | (190.6m) | (30.2m) | (58.7m) | (23.8m) | |
Accounts Payable | (332.2m) | (912.1m) | (938.2m) | (148.6m) | (105.0m) | 19.4m | (4.2m) | (41.1m) | (84.6m) | 84.8m |
| USD | Q1, 2018 |
|---|---|
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.1 x |
TechnipFMC Operating Metrics
| Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Inbound Orders | $3.49 b | $4.23 b | $3.65 b | $14.29 b | $6.18 b | $11.18 b | $2.61 b | $22.69 b | $2.1 b | $1.53 b | $2.23 b | $10.07 b |
Inbound Orders (Subsea) | $1.23 b | $1.52 b | $1.55 b | $5.18 b | $2.68 b | $2.63 b | $1.51 b | $7.99 b | $1.17 b | $511.7 m | $1.61 b | $4 b |
Inbound Orders (Onshore/Offshore) | $1.85 b | $2.3 b | $1.67 b | $7.43 b | $3.14 b | $8.13 b | $696 m | $13.08 b | $560.6 m | $835.8 m | $412.8 m | |
Inbound Orders (Surface Technologies) | $409.6 m | $414.7 m | $427.2 m | $1.69 b | $368 m | $415.7 m | $404.7 m | $1.62 b | $366.3 m | $187.1 m | $207.5 m | $1.06 b |
TechnipFMC Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| FMC Technologies Inc | January 17, 2017 | |
| Hummingbird Technology | June 15, 2016 | |
| Inocean | December 31, 2014 | |
| Technip Zimmer | December 15, 2014 | |
| Shaw Energy & Chemicals | August 31, 2012 | |
| Stone & Webster Process Technologies | August 31, 2012 | |
| CyXplus | January 01, 2012 | |
| Global Industries | December 01, 2011 | |
| Cybernetix | November 14, 2011 | €14.1 m |
| Technip-EPG B.V | July 08, 2008 |
TechnipFMC Revenue Breakdown
TechnipFMC revenue breakdown by business segment: 8.1% from Surface Technologies, 50.0% from Technip Energies and 41.9% from Subsea
TechnipFMC revenue breakdown by geographic segment: 10.5% from Norway, 16.2% from USA, 18.5% from Russia, 8.3% from All Other Countries, 5.3% from Brazil and 41.3% from Other
TechnipFMC Cybersecurity Score
TechnipFMC Environment, Social & Governance (ESG) Ratings
TechnipFMC Online and Social Media Presence
23.05k Twitter followers
TechnipFMC has 23.05k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.1% quarter over quarter
TechnipFMC's Trends
Twitter Engagement Stats for @TechnipFMC
1.2k
Tweets
410
Following
23.1k
Followers
11
Tweets last 30 days
14.5
Avg. likes per Tweet
100%
Tweets with engagement
TechnipFMC News and Updates
April 27, 2021
TechnipFMC plc Announces the Sale of a ca. 14% Stake in Technip Energies N.V.
Sale of 25 million Technip Energies N.V. (“Technip Energies”) shares representing ca. 14% of Technip Energies’ share capital through an accelerated bookbuild offering
April 27, 2021
TechnipFMC Announces First Quarter 2021 Results
TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported first quarter 2021 results.
April 26, 2021
TechnipFMC Receives Notice to Proceed for Subsea Contract for Santos Barossa Project Offshore Australia
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced it has received a Notice to Proceed for a significant(1)subsea production system contract from Santos Ltd. (ASX: STO) for the Barossa project, located 300 kilometers north of Darwin, Australia, at a water depth of approximately 13…
April 23, 2021
TechnipFMC PLC stock rises Friday, still underperforms market
Shares of TechnipFMC PLC FTI, 0.07% inched 0.29% higher to $6.95 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, -0.08% rising 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, -0.11% rising 0.67% to 34,043.49. Technip…
April 20, 2021
TechnipFMC Awarded a Significant Subsea Contract for Petrobras’ Marlim and Voador Fields
TechnipFMC (NYSE: FTI) (PARIS: FTI) today announced that it has been awarded a significant(1) subsea contract from Petrobras (NYSE: PBR) for the Marlim and Voador fields, located offshore Brazil.
April 05, 2021
TechnipFMC Announces First Quarter 2021 Earnings Release and Teleconference Schedule
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) will issue its first quarter 2021 earnings release after the close of the New York Stock Exchange on Tuesday, April 27, 2021. The Company will also host its first quarter 2021 earnings release teleconference on Wednesday, April 28, 2021, at 1 p.m…
TechnipFMC Frequently Asked Questions
When was TechnipFMC founded?
TechnipFMC was founded in 2017.
Who are TechnipFMC key executives?
TechnipFMC's key executives are Douglas J. Pferdehirt, Alf Melin and Justin Rounce.
How many employees does TechnipFMC have?
TechnipFMC has 31,395 employees.
What is TechnipFMC revenue?
Latest TechnipFMC annual revenue is $13.1 b.
What is TechnipFMC revenue per employee?
Latest TechnipFMC revenue per employee is $415.7 k.
Who are TechnipFMC competitors?
Competitors of TechnipFMC include McDermott, BP and NOV.
Where is TechnipFMC headquarters?
TechnipFMC headquarters is located at 1 St. Paul's Churchyard, London.
Where are TechnipFMC offices?
TechnipFMC has offices in London, Erie, Houston, Stephenville and in 37 other locations.
How many offices does TechnipFMC have?
TechnipFMC has 41 offices.
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