TechnipFMC (NYSE:FTI) Releases Quarterly Earnings Results, Beats Estimates By $0.17 EPS

TechnipFMC (NYSE:FTI) posted its quarterly earnings data on Thursday. The oil and gas company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17, FiscalAI reports. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.79 billion. TechnipFMC had a return on equity of 39.82% and a net margin of 12.04%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 EPS.

Here are the key takeaways from TechnipFMC’s conference call:

• Third-quarter execution was strong, with $2.9 billion in revenue, $636 million in adjusted EBITDA, a 22% margin excluding foreign exchange, and $470 million in free cash flow. Subsea adjusted EBITDA margin reached a record 23.5%.
• TechnipFMC raised its full-year outlook, including Subsea revenue to $9.6–$9.8 billion, free cash flow to $1.45–$1.55 billion, and adjusted EBITDA to approximately $2.22 billion; it also lowered its effective tax-rate range to 25%–27%.
• Management expects at least $14.5 billion in Subsea orders over the next five quarters and projects 2027 Subsea revenue of $10.0–$10.4 billion with a 22.5%–24% adjusted EBITDA margin. Executives said the market recovery is structural and could extend beyond the end of the decade.
• The company highlighted expanding strategic relationships with PETRONAS and bp, continued adoption of Subsea 2.0 and iEPCI, and a growing opportunity list that reached $32 billion. New inbound work is reportedly margin-accretive, while iEPCI 2.0 could provide additional upside beyond the current outlook.
• Fourth-quarter Subsea revenue is expected to decline by mid- to high-single digits sequentially, with adjusted EBITDA margin falling to about 21% due mainly to normal seasonal activity reductions and vessel maintenance. Management also noted that two or three large awards could slip from 2026 into 2027, creating timing risk around the approximately $10 billion 2026 order target.

TechnipFMC Trading Up 2.6%

NYSE FTI traded up $1.75 on Friday, hitting $68.70. 4,015,156 shares of the company were exchanged, compared to its average volume of 2,643,736. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.09 and a quick ratio of 0.85. TechnipFMC has a twelve month low of $41.06 and a twelve month high of $80.70. The firm has a market capitalization of $26.94 billion, a P/E ratio of 21.60, a price-to-earnings-growth ratio of 1.07 and a beta of 0.83. The company’s 50 day moving average price is $72.32 and its 200-day moving average price is $68.99.

TechnipFMC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Tuesday, November 17th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, November 17th. TechnipFMC’s payout ratio is presently 6.29%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Zacks Research raised TechnipFMC from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Weiss Ratings raised shares of TechnipFMC from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, October 16th. Barclays reduced their price objective on shares of TechnipFMC from $87.00 to $86.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Wall Street Zen cut shares of TechnipFMC from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Citigroup boosted their target price on shares of TechnipFMC from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $74.83.

Insider Activity at TechnipFMC

In other news, insider Thierry Conti sold 6,000 shares of TechnipFMC stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $71.85, for a total value of $431,100.00. Following the transaction, the insider directly owned 85,813 shares of the company’s stock, valued at $6,165,664.05. This trade represents a 6.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Mullins bought 6,365 shares of the business’s stock in a transaction on Friday, August 14th. The shares were purchased at an average cost of $78.55 per share, for a total transaction of $499,970.75. Following the completion of the purchase, the director owned 8,070 shares in the company, valued at approximately $633,898.50. This trade represents a 373.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.40% of the company’s stock.

Key Headlines Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Material earnings and revenue beats: TechnipFMC reported adjusted earnings of $1.05 per share, well above the $0.88 consensus estimate and up from $0.75 a year earlier. Revenue reached $2.90 billion, exceeding the $2.79 billion forecast and increasing 9.4% year over year. TechnipFMC third-quarter earnings results
• Positive Sentiment: Strong operating performance: The quarter featured an 11.28% net margin and 36.54% return on equity. Management commentary and the earnings presentation highlighted continued momentum in the business and expectations for a sustained, long deepwater cycle—an important demand driver for TechnipFMC’s subsea services and equipment. TechnipFMC deepwater cycle outlook
• Positive Sentiment: Improved growth narrative: The earnings call and presentation suggest that offshore energy investment is supporting TechnipFMC’s order and revenue outlook. Investors appear encouraged that quarterly growth is being supported by durable project activity rather than only short-term cost controls. TechnipFMC Q3 earnings call transcript
• Neutral Sentiment: Valuation remains a consideration: Articles describe FTI as potentially undervalued under a growth-at-a-reasonable-price strategy. However, the stock trades at roughly 23.9 times earnings after a substantial one-year advance, so further gains may depend on continued earnings growth and execution. TechnipFMC valuation analysis

About TechnipFMC

TechnipFMC plc (NYSE: FTI) is an energy technology and services company that designs, manufactures and delivers equipment and integrated solutions for the exploration, development and production of oil and natural gas resources. The company serves energy operators, engineering and construction firms, and other participants across the global energy industry.

TechnipFMC operates through two principal areas: Subsea and Surface Technologies. Its subsea business provides subsea production systems, subsea services, installation solutions and related technologies used to develop offshore fields.