TechnipFMC (TechnipFMC) Debt-to-Equity

: 0.63 (As of Dec. 2023)

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TechnipFMC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $300 Mil. TechnipFMC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,669 Mil. TechnipFMC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,137 Mil. TechnipFMC's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for TechnipFMC's Debt-to-Equity or its related term are showing as below:

FTI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.61 Max: 1.04
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of TechnipFMC was 1.04. The lowest was 0.29. And the median was 0.61.

FTI's Debt-to-Equity is ranked worse than
60.36% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs FTI: 0.63

TechnipFMC Debt-to-Equity Historical Data

The historical data trend for TechnipFMC's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.71

1.04

0.83

0.71

0.63

TechnipFMC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.71	0.73	0.76	0.73	0.63

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, TechnipFMC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, TechnipFMC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TechnipFMC's Debt-to-Equity falls into.

TechnipFMC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TechnipFMC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(300.2	+	1669)	/	3136.7
	=	0.63

TechnipFMC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(300.2	+	1669)	/	3136.7
	=	0.63

TechnipFMC (NYSE:FTI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

TechnipFMC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of TechnipFMC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

TechnipFMC (TechnipFMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (NYSE:FTI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1T1:Germany 1T1:Germany T1EC34:Brazil FTI:Austria

Address

13460 Lockwood Road, Houston, TX, USA, 77044

Website

https://www.technipfmc.com

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