FTI
TechnipFMC plc
FTI's fundamentals are strong: earnings per share grew 42% and it turned 15% of its revenue into free cash flow. At 20x earnings, it's trading in line with its usual 23x. Analysts expect that strong growth to continue.
FTI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Strong |
FTI's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
FTI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $54.47 | -16% |
| Forward | 18x | $64.92 | — |
| Current | 20x | $64.92 | — |
| Fair | 22x | $71.29 | +9.8% |
| Expensive | 31x | $97.93 | +51% |
Historical ranges are pointers, not guarantees.
FTI's PE is in its fair range at 20x. If earnings grow as analysts expect, today's price would be 18x next year's earnings, in its cheap range.
FTI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for FTI, with profitability improving.
FTI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.66 | +15% |
| Q3 2026 | $3.17 | +42% |
| Q2 2026 | $2.87 | +36% |
| Q1 2026 | $2.61 | +38% |
| Q4 2025 | $2.30 | +20% |
| Q3 2025 | $2.23 | +47% |
| Q2 2025 | $2.11 | +94% |
| Q1 2025 | $1.89 | +302% |
| Q4 2024 | $1.91 | +1492% |
FTI's earnings per share have climbed steadily: $3.17 over the past year, up 42% from the year before, and higher year over year for 15 quarters in a row.
FTI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +9.4% |
| Q2 2026 | $2.8B | +9% |
| Q1 2026 | $2.5B | +12% |
| Q4 2025 | $2.5B | +6.3% |
| Q3 2025 | $2.6B | +13% |
| Q2 2025 | $2.5B | +9% |
| Q1 2025 | $2.2B | +9.4% |
| Q4 2024 | $2.4B | +14% |
FTI's revenue has grown year over year for 18 quarters in a row: $2.9B last quarter, up 9.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +2.9 points |
| Q2 2026 | 19% | +3.1 points |
| Q1 2026 | 15% | +3 points |
| Q4 2025 | 13% | +1.3 points |
| Q3 2025 | 17% | +2.8 points |
| Q2 2025 | 16% | +2.7 points |
| Q1 2025 | 12% | -0.3 points |
| Q4 2024 | 11% | +2.7 points |
FTI's operating margin was 19% last quarter, up 2.9 points from the same quarter a year ago, near the top of its range since 2019.
FTI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $469.7M | +4.9% |
| Q2 2026 | $487.9M | +87% |
| Q1 2026 | $276.9M | -27% |
| Q4 2025 | $359.1M | -21% |
| Q3 2025 | $447.8M | +99% |
| Q2 2025 | $260.6M | +45% |
| Q1 2025 | $379.9M | +$558.6M |
| Q4 2024 | $452.7M | -28% |
FTI generated $1.6B in free cash flow over the past year, up 3.4% from the year before.
FTI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -6.3M shares |
| 1 year | -4.2% | -17.5M shares |
| 3 years | -12% | -52.1M shares |
| 5 years | -12% | -52.5M shares |
| Available history | -11% | -49.8M shares |
FTI has 398M diluted shares, down 4.2% from a year ago, with $1.2B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $320M |
| Q2 2026 | $420.1M |
| Q1 2026 | $264.8M |
| Q4 2025 | $168.1M |
| Q3 2025 | $250M |
| Q2 2025 | $250.1M |
| Q1 2025 | $250.1M |
| Q4 2024 | $70M |
FTI spent $1.2B buying back its own shares over the past year, up 43% from the year before.
FTI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
FTI has more cash than debt.
FTI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.5 | Neutral |
| Stochastic | 21.0 | Neutral |
FTI's weekly RSI is 44 (neutral) and its Stochastic is 21 (neutral).
FTI PE vs Energy Sector
| Metric | FTI | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 13x | 56% above |
| PE % | 38 | 61 | 23 pts below |
FTI is trading at 20x earnings, a 56% premium to the Energy sector's median of 13x.
FTI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.3 | 4.9% below |
| 20 week MA | $71.8 | 9.5% below |
| 50 week MA | $66.1 | 1.7% below |
| 100 week MA | $49.9 | 30% above |
| 200 week MA | $35.6 | 83% above |
FTI has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 83% above its 200-week average.
FTI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.1 | $7.70 | -55% |
| 2021 | $7.70 | $6.04 | -22% |
| 2022 | $6.04 | $12.1 | +101% |
| 2023 | $12.1 | $20.1 | +66% |
| 2024 | $20.1 | $29.0 | +44% |
| 2025 | $29.0 | $44.7 | +54% |
| 2026 YTD | $44.7 | $64.9 | +45% |
FTI's yearly returns have swung widely, from +101% in 2022 to −55% in 2020. It's up 45% so far in 2026.