TechnipFMC

FTI

Oil & Gas Equipment & Services · Energy

Price

$72.07

+0.06 (+0.08%)

Market Cap

$28.73B

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Share count falling — buybacks

−7.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 454.6M (2021) → 419.0M (2025)

TechnipFMC is an energy services company that helps oil and gas producers find, drill, and extract oil and gas from beneath the ocean floor. Its main products include subsea trees, manifolds, and flexible pipes — specialized equipment that connects underwater wells to surface platforms. The company serves large oil producers like Shell, BP, and TotalEnergies, and is one of the largest providers of subsea equipment and installation services in the world.

TechnipFMC earns money by selling subsea hardware and providing engineering, installation, and project management services under long-term contracts. It operates globally, with a strong presence in the North Sea, Gulf of Mexico, Brazil, and West Africa, and generates roughly $8 billion in annual revenue. Its deep technical expertise and long customer relationships create switching costs, but the company's performance is closely tied to oil prices — if energy companies cut spending on new offshore projects, TechnipFMC's order book and revenue can shrink quickly.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+11.2% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+91.2% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$73M/ year

→ Flat (-1% vs prior year)

0.7% of revenue

Below sector average (1%)

Steady R&D investment year-over-year

Insider Activity

0.9%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$961M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

TechnipFMC is a rare growth stock that's already generating positive cash flow while growing at 11%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

23.5%

Thin — 23.5% gross margin

Operating Margin

14.1%

Healthy — 14.1% operating margin

ROCE

9.3%

Below par — 9.3% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+9.5%

Steady sales growth (9.5% YoY)

EPS YoY

+33.0%

Earnings growing fast (33.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

153%

Turns 153% of profit into real cash

FCF Margin

13.2%

Converts sales into free cash efficiently (13.2%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.13

Conservative — low debt load (0.13)

Interest Cover

19.31x

Comfortably covers interest (19.3x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

27.1x

Growth-priced — P/E 27.1

P/E above the market average. People are paying up for expected growth.

P/E vs Forward

+9.6

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (27.1 → 17.5)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

0.28%

Small dividend — 0.28% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+0.0%

Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial