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TechnipFMC (TechnipFMC) Pre-Tax Income : $372 Mil (TTM As of Mar. 2024)


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What is TechnipFMC Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. TechnipFMC's pretax income for the three months ended in Mar. 2024 was $211 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $372 Mil. TechnipFMC's pretax margin was 10.31%.

During the past 13 years, TechnipFMC's highest Pretax Margin was 5.99%. The lowest was -53.57%. And the median was 1.98%.


TechnipFMC Pre-Tax Income Historical Data

The historical data trend for TechnipFMC's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TechnipFMC Pre-Tax Income Chart

TechnipFMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,571.10 -3,498.70 198.10 68.90 206.60

TechnipFMC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.20 -53.00 113.20 101.20 210.60

Competitive Comparison of TechnipFMC's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, TechnipFMC's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TechnipFMC's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TechnipFMC's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where TechnipFMC's Pre-Tax Income falls into.



TechnipFMC Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

TechnipFMC's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=529.2+-233.9+-122.2+33.5+-5.6843418860808E-14
=207

TechnipFMC's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=159+64.3+-12.7+0+-2.8421709430404E-14
=211

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $372 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TechnipFMC  (NYSE:FTI) Pre-Tax Income Explanation

TechnipFMC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=210.6/2042
=10.31%

During the past 13 years, TechnipFMC's highest Pretax Margin was 5.99%. The lowest was -53.57%. And the median was 1.98%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TechnipFMC Pre-Tax Income Related Terms

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TechnipFMC (TechnipFMC) Business Description

Traded in Other Exchanges
Address
13460 Lockwood Road, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Executives
Cristina Aalders officer: EVP, Chief Legal Officer & Sec ONE SUBSEA LANE, HOUSTON TX 77044
De Carvalho Filho Eleazar director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Robert G Gwin director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Jonathan Landes officer: President Subsea ONE SUBSEA LANE, HOUSTON TX 77044
Thierry Conti officer: President, Surface ONE SUBSEA LANE, HOUSTON TX 77044
Luana Duffe officer: EVP, New Energy Ventures ONE SUBSEA LANE, HOUSTON TX 77044
Nisha P. Rai officer: EVP, People & Culture ONE SUBSEA LANE, HOUSTON TX 77044
Rousset Sophie Zurquiyah director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Alf Melin officer: EVP & Chief Financial Officer ONE SUBSEA LANE, HOUSTON TX 77044
Victoria Lazar officer: EVP, General Counsel & Sec ONE SUBSEA LANE, HOUSTON TX 77044
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Oleary John C G director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Olivier Piou director ONE ST. PAUL'S CHURCHYARD, LONDON X0 EC4M 8AP
Maryann T. Mannen officer: EVP & Chief Financial Officer C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Catherine Macgregor officer: President Onshore/Offshore 6 ALLEE DE LARCHE FAUBOURG DE LARCHE, ZAC DANTON, COURBEVOIE I0 92400