FTI Q1 2024 Earnings — TechnipFMC plc Revenue & Financial Results | Market Cap Arena

FTITechnipFMC plc

$26B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$2.0B+18.9% YoY

Gross Profit

$341M16.7% margin

Operating Income

$164M8.0% margin

Net Income

$157M7.7% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

-$127M

Free Cash Flow

-$179M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$6.0B

Stockholders' Equity

$3.0B

Cash & Equivalents

$697M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.7B	+18.9%
Gross Profit	$341M	$221M	+54.5%
Operating Income	$164M	$48M	+239.8%
Net Income	$157M	$400,000	+39175.0%

Revenue Segments

Service

$1.2B59%

Product

$814M41%