TechnipFMC plc

FTI

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

9,081

Cost of Revenue

7,372

Gross Profit

1,709

Gross Margin

18.8%

Operating Income

969

Operating Margin

10.7%

Net Income

843

Net Margin

9.3%

EPS (Basic)

$1.96

EPS (Diluted)

$1.91

EBITDA

1,413

EBITDA Margin

15.6%

2023

12/31/2023

Revenue

7,827

Cost of Revenue

6,483

Gross Profit

1,344

Gross Margin

17.2%

Operating Income

567

Operating Margin

7.2%

Net Income

Net Margin

0.3%

EPS (Basic)

$0.05

EPS (Diluted)

$0.05

EBITDA

964

EBITDA Margin

12.3%

2022

12/31/2022

Revenue

6,700

Cost of Revenue

5,804

Gross Profit

896

Gross Margin

13.4%

Operating Income

200

Operating Margin

3.0%

Net Income

-107

Net Margin

-1.6%

EPS (Basic)

$-0.14

EPS (Diluted)

$-0.14

EBITDA

577

EBITDA Margin

8.6%

2021

12/31/2021

Revenue

6,404

Cost of Revenue

5,580

Gross Profit

824

Gross Margin

12.9%

Operating Income

Operating Margin

1.2%

Net Income

Net Margin

0.2%

EPS (Basic)

$0.19

EPS (Diluted)

$0.19

EBITDA

464

EBITDA Margin

7.2%

2020

12/31/2020

Revenue

6,531

Cost of Revenue

5,836

Gross Profit

695

Gross Margin

10.6%

Operating Income

-105

Operating Margin

-1.6%

Net Income

-3,288

Net Margin

-50.3%

EPS (Basic)

$-7.92

EPS (Diluted)

$-7.92

EBITDA

308

EBITDA Margin

4.7%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	9,081	7,827	6,700	6,404	6,531
Cost of Revenue	7,372	6,483	5,804	5,580	5,836
Gross Profit	1,709	1,344	896	824	695
Gross Margin	18.8%	17.2%	13.4%	12.9%	10.6%
Operating Income	969	567	200	79	-105
Operating Margin	10.7%	7.2%	3.0%	1.2%	-1.6%
Net Income	843	23	-107	13	-3,288
Net Margin	9.3%	0.3%	-1.6%	0.2%	-50.3%
EPS (Basic)	$1.96	$0.05	$-0.14	$0.19	$-7.92
EPS (Diluted)	$1.91	$0.05	$-0.14	$0.19	$-7.92
EBITDA	1,413	964	577	464	308
EBITDA Margin	15.6%	12.3%	8.6%	7.2%	4.7%