← TechnipFMC plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($12k) |
$113.3m
+952200.84%
|
($1.9b)
-1796.03%
|
($2.4b)
-25.53%
|
($3.2b)
-34.24%
|
$13.3m
+100.41%
|
($107.2m)
-906.02%
|
$56.2m
+152.43%
|
$842.9m
+1399.82%
|
$963.9m
+14.36%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $134.2m | ($1.9b) | ($2.4b) | ($3.2b) | $14.4m | ($81.8m) | $51.9m | $855.3m | $967.1m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $20.9m | $10.8m | $3.1m | $49.7m | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $283.2m | $614.7m | $550.4m | $509.6m | $447.2m | $385.4m | $377.2m | $377.8m | $392.7m | $441.8m | $424.9m | |
| Amortization | — | $244.5m | $182.6m | $126.1m | $123.7m | $94.1m | $92.0m | $89.7m | $94.5m | $87.5m | — | |
| Depreciation | $283.2m | $370.2m | $367.8m | $383.5m | $323.5m | $291.3m | $285.2m | $288.1m | $280.4m | $325.3m | $424.9m | |
| Deferred Income Tax Expense (Benefit) | ($172.1m) | $141.6m | $48.8m | ($75.4m) | ($6.7m) | ($95.1m) | ($13.0m) | ($54.2m) | ($246.1m) | $36.0m | $19.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $46.6m | $0 | $0 | $7.4m | — | — | — | $49.7m | $69.3m | — | |
| Share-based Payment Arrangement, Expense | — | — | $49.1m | $74.5m | — | $26.8m | $40.5m | $40.9m | $58.3m | $61.9m | — | |
| Employee benefit plan and share-based compensation costs | $27.4m | $18.7m | $22.4m | $63.3m | $47.5m | $34.3m | $33.5m | $30.8m | $76.2m | $68.8m | — | |
| Payments related to taxes withheld on share-based compensation | $0 | ($46.6m) | $0 | $0 | ($7.4m) | — | ($4.9m) | ($17.2m) | ($49.7m) | ($69.3m) | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | $0 | $1.4b | $2.0b | $3.1b | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $24.2m | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | $55.6m | $114.3m | $62.9m | $63.0m | $600k | $44.6m | $34.4m | $21.7m | $47.0m | — | |
| Other Nonoperating Income (Expense) | — | ($25.9m) | ($323.9m) | ($220.7m) | $31.1m | $46.6m | $5.4m | ($248.3m) | ($45.9m) | ($57.7m) | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | $38 | $111 | $59 | $58 | $1 | $32 | $34 | ($29) | ($4) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Trade receivables, net and Contract assets | ($268.7m) | $286.8m | ($664.1m) | ($39.7m) | $348.1m | ($73.1m) | ($160.2m) | ($227.7m) | ($236.1m) | $212.7m | — | |
| Increase (Decrease) in Inventories | — | ($130.9m) | $339.4m | $169.6m | ($82.8m) | ($197.7m) | $35.0m | $91.2m | $42.0m | $23.3m | ($15.7m) | |
| Inventories, net | $172.7m | $130.9m | ($339.4m) | ($169.6m) | $82.8m | $197.7m | ($35.0m) | ($91.2m) | ($42.0m) | ($23.3m) | — | |
| Increase (Decrease) in Accounts Payable | — | ($525.8m) | ($1.2b) | $26.1m | $18.4m | $93.8m | $52.1m | $62.5m | $8.2m | ($229.6m) | $193.6m | |
| Accounts payable, trade | $115.5m | ($525.8m) | ($1.2b) | $26.1m | $18.4m | $93.8m | $52.1m | $62.5m | $8.2m | ($229.6m) | $193.6m | |
| Other current assets and liabilities, net | $264.4m | $646.5m | $921.2m | ($431.8m) | ($267.3m) | $63.5m | ($40.4m) | $203.3m | ($226.5m) | $156.0m | — | |
| Net Cash Provided by (Used in) Operating Activities | ($100) |
$210.7m
+210700100.00%
|
($185.4m)
-187.99%
|
$848.5m
+557.66%
|
$656.9m
-22.58%
|
$781.3m
+18.94%
|
$352.1m
-54.93%
|
$693.0m
+96.82%
|
$961.0m
+38.67%
|
$1.8b
+83.62%
|
$1.9b
+5.36%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | ($312.9m) | $255.7m | $368.1m | $454.4m | $291.8m | $191.7m | $157.9m | $225.2m | $281.6m | $317.2m | ($287.5m) | |
| Payments to Acquire Investments | — | — | — | $71.6m | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $104.9m | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | ($12.1m) | — | ($3.6m) | — | $0 | $20.8m | ($14.9m) | ($500k) | ($6.7m) | — | |
| Net Cash Provided by (Used in) Investing Activities | $0 | $1.2b | ($460.2m) | ($419.8m) | ($180.6m) | $817.3m | $162.2m | ($125.6m) | ($75.8m) | ($298.3m) | ($267.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | $888.0m | $0 | $0 | $423.9m | $1.5b | $451.7m | $0 | $0 | — | ($1.2m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($61.9m) | ($29.8m) | $0 | $0 | — | — | |
| Proceeds from Issuance of Long-term Debt | — | $25.7m | — | $96.2m | $223.2m | $1.2b | $60.9m | $0 | $0 | — | $0 | |
| Repayment of debt obligations | — | — | — | — | ($31.9m) | ($62.0m) | ($200.4m) | ($341.6m) | ($121.3m) | ($503.3m) | ($1.2m) | |
| Payments for Repurchase of Common Stock | — | $58.5m | $442.6m | $92.7m | — | $0 | — | — | — | — | — | |
| Dividends paid | ($111.5m) | $60.6m | $238.1m | $232.8m | $59.2m | $0 | $0 | $43.5m | $85.9m | $82.3m | ($80.4m) | |
| Income from equity affiliates, net of dividends received | ($48) | ($38) | ($111) | ($59) | ($58) | ($1) | ($32) | ($34) | $29 | $4 | — | |
| Dividend receivable in exchange for loan receivable | — | — | — | — | — | $0 | $0 | $85.0m | $0 | $0 | — | |
| Proceeds from (Payments for) Other Financing Activities | $1.8m | $1.2m | $0 | $0 | $195.5m | ($4.2m) | ($24.8m) | ($19.5m) | $10.2m | ($47.7m) | — | |
| Net Cash Provided by (Used in) Financing Activities | $74k |
($1.1b)
-1423581.78%
|
($444.8m)
+57.83%
|
($784.4m)
-76.35%
|
($1.1b)
-37.97%
|
($5.1b)
-368.03%
|
($796.7m)
+84.27%
|
($656.5m)
+17.60%
|
($648.0m)
+1.29%
|
($1.6b)
-150.14%
|
($1.6b)
+4.37%
|
|
| Increase (decrease) in cash and cash equivalents | $74k | $468.1m | ($1.2b) | ($349.8m) | ($382.4m) | ($3.5b) | ($270.3m) | ($105.4m) | $206.0m | ($125.8m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | ($3.5b) | ($270.3m) | ($105.4m) | $206.0m | ($125.8m) | $991.3m | |
| Cash and cash equivalents in the statement of cash flows, beginning of year | — | — | — | $5.2b | $4.8b | $1.3b | $1.1b | $951.7m | $1.2b | $1.0b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $1.3b | — | — | — | — | $991.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | ($14.0m) | — | — | — | — | $500k | |
| Effect of changes in foreign exchange rates on cash and cash equivalents | $21.6m | $62.2m | ($107.0m) | $5.9m | $223.5m | ($14.0m) | $12.1m | ($16.3m) | ($31.2m) | $28.8m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $40.2m | $50.3m | $99.0m | $109.4m | $107.0m | $104.1m | $109.2m | $93.4m | $63.1m | $55.6m | — | |
| Income Taxes Paid, Net | $261.3m | $424.7m | $410.6m | $374.5m | $219.7m | $25.1m | $189.2m | $150.7m | $249.7m | $359.2m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | ($27.7m) | $0 | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $12k | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | ($28.8m) | $15.8m | ($23.9m) | ($119.0m) | ($28.5m) | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | ($7.1m) | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $71.3m | $0 | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $3.1m | $3.1m | — | — | — | — | — | |
| Goodwill | — | $8.9b | $7.6b | $5.6b | $2.5b | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $113.3m | — | — | — | $87.8m | ($61.9m) | $56.2m | $842.9m | $963.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $87.0m | ($36.5m) | $51.9m | $855.3m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | ($72.6m) | ($45.3m) | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($74.5m) | ($45.3m) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $0 | $545.5m | $422.7m | $276.3m | $153.4m | $111.1m | $105.4m | $154.7m | $85.1m | $302.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $97.4m | $81.4m | — | |
| Investment Income, Interest | — | $140.8m | $121.4m | $116.5m | $56.6m | $14.0m | $17.8m | $33.5m | $33.9m | $41.9m | — | |
| Operating Lease, Lease Income | — | — | — | $266.5m | $142.0m | $158.4m | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | ($101.2m) | $2.0m | ($18.2m) | ($13.0m) | — | — | — | — | — | — | |
| Proceeds from Contributed Capital | $74k | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | $11.8m | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $0 | $0 | $0 | $0 | $0 | $0 | $1.1m | $32.2m | $3.7m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | ($300k) | $2.0m | $200k | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | $73.5m | ($102.7m) | ($32.5m) | $41.2m | ($30.8m) | ($54.0m) | ($29.6m) | — | — | — | |
| Derivative instruments and foreign exchange | — | — | — | — | — | — | $54.0m | $29.6m | ($73.6m) | $34.2m | — | |
| Gain on disposal of Measurement Solutions business | — | — | — | — | — | — | $0 | $0 | $71.3m | $0 | — | |
| Contract liabilities | ($498.3m) | ($1.1b) | $762.7m | $520.1m | ($75.2m) | $900k | $164.5m | $321.0m | $362.7m | $278.4m | — | |
| Income taxes (receivable) payable, net | $71.7m | ($152.2m) | ($190.7m) | $12.7m | ($52.8m) | $214.7m | ($62.1m) | $34.3m | $34.8m | ($92.1m) | — | |
| Other non-current assets and liabilities, net | $80.7m | $99.1m | ($213.6m) | $23.1m | ($30.8m) | ($7.6m) | ($19.0m) | ($53.3m) | $80.9m | ($107.4m) | — | |
| Proceeds from sale of assets | $39.2m | $14.4m | $19.5m | $7.8m | $46.0m | $104.6m | $30.2m | $84.7m | $19.2m | $12.2m | — | |
| Proceeds from sale of Measurement Solutions business | — | — | — | — | — | — | $0 | $0 | $186.1m | $0 | — | |
| Share repurchases | — | — | — | — | $0 | $0 | ($100.2m) | ($205.1m) | ($400.1m) | ($918.3m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.