FTI financial statements

The full income statement, balance sheet, and cash-flow statement for TechnipFMC plc Ordinary Share (FTI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 428.4M2024-09 425.4M2024-12 420.6M2025-03 419.2M2025-06 411.0M2025-09 404.5M2025-12 400.0M2026-03 398.7M2026-06 392.2M-8.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	9.93B YoY+9.4%	9.08B YoY+16.1%	7.82B YoY+16.8%	6.70B YoY+4.6%	6.40B YoY-1.9%
Lease income	—	—	—	—	158M YoY+11.5%
Cost of revenue	—	7.36B YoY+12.5%	6.54B YoY+12.9%	5.79B	—
Research & development	83.1M YoY+13.2%	73.4M YoY+6.4%	69.0M YoY+3.0%	67.0M YoY-14.5%	78.4M YoY+4.1%
Selling, general & administrative	705M YoY+5.7%	667M YoY-1.3%	676M YoY+9.6%	617M YoY-4.4%	645M YoY-10.9%
Restructuring	—	—	—	—	17.6M
Provision for credit losses	7.90M YoY-47.7%	15.1M YoY+1061.5%	1.30M YoY+85.7%	700K YoY-80.0%	3.50M
Operating income	1.44B YoY+24.1%	1.16B YoY+75.8%	658M YoY+75.1%	376M YoY+105.0%	183M YoY+105.7%
Interest expense	81.4M YoY-16.4%	97.4M YoY-20.3%	122M YoY-11.9%	139M YoY-11.8%	157M YoY+17.3%
Interest & investment income	41.9M YoY+23.6%	33.9M YoY+1.2%	33.5M YoY+88.2%	17.8M YoY+27.1%	14.0M YoY-73.2%
Other non-operating income	-57.7M YoY-25.7%	-45.9M YoY+81.5%	-248M YoY-4698.1%	5.40M YoY-88.4%	46.6M YoY+85.7%
Equity-method income	47.0M YoY+116.6%	21.7M YoY-36.9%	34.4M YoY-22.9%	44.6M YoY+7333.3%	600K YoY-99.1%
Pre-tax income	1.27B YoY+35.0%	940M YoY+355.2%	207M YoY+199.9%	68.9M YoY-65.2%	198M YoY+105.7%
Income tax	303M YoY+255.9%	85.1M YoY-45.0%	155M YoY+46.8%	105M YoY-5.1%	111M YoY+472.7%
	964M YoY+14.4%	843M YoY+1399.8%	56.2M YoY+152.4%	-107M YoY-906.0%	13.3M YoY+100.4%
Income from continuing operations	964M YoY+14.4%	843M YoY+1399.8%	56.2M YoY+190.8%	-61.9M YoY-170.5%	87.8M YoY+102.5%
Discontinued operations	—	0.00	0.00 YoY+100.0%	-45.3M YoY+37.6%	-72.6M YoY-125.9%
	$2.30 YoY+20.4%	$1.91 YoY+1491.7%	$0.12 YoY+150.0%	-$0.24 YoY-900.0%	$0.03 YoY+100.4%
EPS (basic)	$2.34 YoY+19.4%	$1.96 YoY+1407.7%	$0.13 YoY+154.2%	-$0.24 YoY-900.0%	$0.03 YoY+100.4%
	412M YoY-3.9%	429M YoY-2.2%	439M YoY-2.4%	450M YoY-0.2%	451M YoY+0.4%
	420M YoY-4.7%	441M YoY-2.6%	452M YoY+0.6%	450M YoY-1.1%	455M YoY+1.3%
Dividends per share	$0.20 YoY+0.0%	$0.20 YoY+0.0%	$0.20	—	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	5.55B YoY+1.4%	5.47B YoY+5.2%	5.20B YoY+4.1%	4.99B YoY-6.6%	5.34B YoY-53.3%
Cash & equivalents	1.03B YoY-10.9%	1.16B YoY+21.6%	952M YoY-10.0%	1.06B YoY-20.4%	1.33B YoY+4.6%
Inventory	1.15B YoY+7.1%	1.08B YoY-2.1%	1.10B YoY+5.8%	1.04B YoY+0.8%	1.03B YoY-17.6%
Prepaid expenses	98.5M YoY+20.7%	81.6M YoY-2.3%	83.5M YoY+34.9%	61.9M YoY+22.1%	50.7M YoY-35.1%
Other current assets	545M YoY+17.6%	463M YoY+11.9%	414M YoY-9.0%	455M YoY-11.2%	512M YoY-25.0%
	10.1B YoY+2.5%	9.87B YoY+2.2%	9.66B YoY+2.2%	9.44B YoY-5.7%	10.0B YoY-49.1%
Property, plant & equipment	2.29B YoY+7.1%	2.13B YoY-6.0%	2.27B YoY-3.6%	2.35B YoY-9.3%	2.60B YoY-5.8%
Operating lease right-of-use	774M YoY+6.9%	723M YoY-2.2%	740M YoY-7.8%	802M YoY+13.3%	708M YoY-9.8%
Intangible assets	426M YoY-16.3%	508M YoY-15.5%	602M YoY-16.0%	716M YoY-12.0%	814M YoY-4.4%
Deferred tax assets	253M YoY-2.7%	260M YoY+57.6%	165M YoY+127.3%	72.5M YoY-2.4%	74.3M YoY+117.3%
Other non-current assets	340M YoY+31.5%	258M YoY-10.3%	288M YoY+127.6%	127M YoY-3.0%	130M YoY-25.7%
	4.91B YoY+1.0%	4.86B YoY+8.9%	4.47B YoY+7.1%	4.17B YoY+8.4%	3.85B YoY-63.0%
Accounts payable	1.18B YoY-9.4%	1.30B YoY-3.9%	1.36B YoY+5.7%	1.28B YoY-0.9%	1.29B YoY+7.8%
Deferred revenue	2.15B YoY+20.3%	1.79B YoY+20.2%	1.49B YoY+28.5%	1.16B YoY+14.2%	1.01B YoY-3.2%
Short-term & current debt	34.3M YoY-87.7%	278M YoY+80.7%	154M YoY-58.1%	367M YoY+32.3%	278M YoY-55.6%
Current lease liability	147M YoY+12.0%	131M YoY-4.0%	137M YoY+0.3%	136M YoY+7.8%	126M YoY-35.4%
Other current liabilities	874M YoY+16.3%	752M YoY+0.5%	748M YoY+33.4%	561M YoY-15.1%	660M YoY-19.3%
Finance lease liability (current)	31.0M YoY-49.9%	61.9M YoY+525.3%	9.90M YoY-80.9%	51.9M YoY+7314.3%	700K YoY-97.4%
	6.71B YoY-0.3%	6.73B YoY+3.8%	6.48B YoY+5.1%	6.17B YoY-6.6%	6.60B YoY-57.2%
Long-term debt	396M YoY-34.8%	607M YoY-33.5%	914M YoY-8.6%	999M YoY-42.1%	1.73B YoY-39.1%
Non-current lease liability	674M YoY+1.8%	662M YoY-0.8%	667M YoY-9.3%	736M YoY+13.7%	647M YoY+2.2%
Operating lease liability (total)	820M YoY+3.5%	793M YoY-1.4%	804M YoY-7.8%	872M YoY+12.8%	773M YoY-31.5%
Finance lease liability (total)	92.2M YoY+48.9%	61.9M YoY+525.3%	9.90M YoY-80.9%	51.9M YoY+7314.3%	700K YoY-97.4%
Finance lease liability	61.2M YoY+18.1%	51.8M YoY-41.4%	88.4M YoY+6214.3%	1.40M YoY-97.3%	51.1M
Deferred tax liabilities	101M YoY+85.3%	54.4M YoY-41.0%	92.2M YoY+66.1%	55.5M YoY+16.8%	47.5M YoY-40.1%
Other non-current liabilities	364M YoY+205.6%	119M YoY-18.1%	146M YoY+5.4%	138M YoY-6.9%	148M YoY+43.6%
	3.36B YoY+8.7%	3.09B YoY-1.4%	3.14B YoY-3.2%	3.24B YoY-4.8%	3.40B YoY-18.1%
Common stock	401M YoY-5.3%	423M YoY-2.3%	433M YoY-2.1%	442M YoY-1.9%	451M YoY+0.3%
Additional paid-in capital	8.08B YoY-6.6%	8.65B YoY-3.2%	8.94B YoY-1.9%	9.11B YoY-0.6%	9.16B YoY-10.6%
Retained earnings	-3.76B YoY+12.7%	-4.31B YoY+13.7%	-4.99B YoY+0.3%	-5.01B YoY-2.2%	-4.90B YoY+0.2%
Accumulated other comprehensive income	-1.36B YoY+18.9%	-1.67B YoY-34.7%	-1.24B YoY+4.6%	-1.30B YoY+0.3%	-1.30B YoY+19.6%
Non-controlling interest	41.5M YoY-7.0%	44.6M YoY+26.0%	35.4M YoY-3.0%	36.5M YoY+132.5%	15.7M YoY-73.9%
Total equity incl. non-controlling	3.41B YoY+8.5%	3.14B YoY-1.1%	3.17B YoY-3.2%	3.28B YoY-4.1%	3.42B YoY-18.9%
Total liabilities & equity	10.1B YoY+2.5%	9.87B YoY+2.2%	9.66B YoY+2.2%	9.44B YoY-5.7%	10.0B YoY-49.1%
	401M YoY-5.3%	423M YoY-2.3%	433M YoY-2.1%	442M YoY-1.9%	451M YoY+0.3%
	401M YoY-5.3%	423M YoY-2.3%	433M YoY-2.1%	442M YoY-1.9%	451M YoY+0.3%
	400M YoY-4.9%	421M YoY-2.8%	433M YoY-2.1%	442M YoY-1.9%	451M YoY+0.1%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.76B YoY+83.6%	961M YoY+38.7%	693M YoY+96.8%	352M YoY-54.9%	781M YoY+18.9%
Depreciation & amortization	442M YoY+12.5%	393M YoY+3.9%	378M YoY+0.2%	377M YoY-2.1%	385M YoY-6.5%
Deferred income taxes	36.0M YoY+114.6%	-246M YoY-354.1%	-54.2M YoY-316.9%	-13.0M YoY+86.3%	-95.1M YoY-199.1%
Change in inventory	23.3M YoY-44.5%	42.0M YoY-53.9%	91.2M YoY+160.6%	35.0M YoY+117.7%	-198M YoY-126.2%
Change in payables	-230M YoY-2900.0%	8.20M YoY-86.9%	62.5M YoY+20.0%	52.1M YoY-44.5%	93.8M YoY+139.7%
Other operating activities	—	—	—	6.70M YoY+221.8%	-5.50M YoY+83.2%
	-298M YoY-293.5%	-75.8M YoY+39.6%	-126M YoY-177.4%	162M YoY-80.2%	817M YoY+552.5%
Capital expenditure	317M YoY+12.6%	282M YoY+25.0%	225M YoY+42.6%	158M YoY-17.6%	192M YoY-25.1%
Free cash flow	1.45B YoY+113.0%	679M YoY+45.2%	468M YoY+140.9%	194M YoY-67.1%	590M YoY+47.1%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Proceeds from sale of PP&E	12.2M YoY-36.5%	19.2M YoY-77.3%	84.7M YoY+180.5%	30.2M YoY-71.1%	105M YoY+129.9%
Other investing activities	-6.70M YoY-1240.0%	-500K YoY+96.6%	-14.9M YoY-964.3%	-1.40M YoY+82.5%	-8.00M YoY+48.4%
	-1.62B YoY-150.1%	-648M YoY+1.3%	-657M YoY+17.6%	-797M YoY+84.3%	-5.07B YoY-368.0%
Long-term debt issued	0.00	0.00	0.00 YoY-100.0%	60.9M YoY-94.8%	1.16B YoY+421.7%
Long-term debt repaid	0.00	0.00	0.00 YoY-100.0%	452M YoY-69.1%	1.46B YoY+244.9%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	82.3M YoY-4.2%	85.9M YoY+97.5%	43.5M	0.00	0.00 YoY-100.0%
Other financing activities	-47.7M YoY-630.0%	9.00M YoY+118.3%	-49.1M YoY-146.7%	-19.9M YoY-373.8%	-4.20M YoY+78.1%
FX effect on cash	—	—	—	—	-14.0M YoY-106.3%
Net change in cash	-126M YoY-161.1%	206M YoY+295.4%	-105M YoY+61.0%	-270M YoY+92.2%	-3.48B YoY-810.1%
Interest paid	55.6M YoY-11.9%	63.1M YoY-32.4%	93.4M YoY-14.5%	109M YoY+4.9%	104M YoY+8.4%
Income taxes paid	359M YoY+43.9%	250M YoY+65.7%	151M YoY-20.3%	189M YoY+653.8%	25.1M YoY-76.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	17.8B YoY+46.5%	12.2B YoY+38.8%	8.77B YoY+61.2%	5.44B YoY+104.0%	2.67B YoY-15.3%
P/E	18.5× YoY+28.1%	14.4×	—	—	200.6×
P/S	1.8× YoY+33.9%	1.3× YoY+13.7%	1.2× YoY+41.4%	0.8× YoY+100.0%	0.4× YoY-13.6%
P/B	5.3× YoY+34.7%	3.9× YoY+37.6%	2.9× YoY+65.3%	1.7× YoY+120.5%	0.8× YoY+3.4%
P/FCF	12.3× YoY-31.3%	17.9× YoY-30.3%	25.7× YoY-45.9%	47.6× YoY+951.2%	4.5× YoY-42.4%
	5.4% YoY-21.9%	6.9%	—	—	0.50%
	8.1% YoY+45.5%	5.6% YoY+43.6%	3.9% YoY+85.0%	2.1% YoY-90.5%	22.1% YoY+73.7%
	0.45% YoY-35.1%	0.69% YoY-30.4%	0.99%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: FTI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FTI filings on SEC EDGAR → Not investment advice.