TechnipFMC (LTS:0RMV) Accumulated Depreciation : €-2,358 Mil (As of Mar. 2024)

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What is TechnipFMC Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

TechnipFMC's quarterly accumulated depreciation declined from Sep. 2023 (€-2,473 Mil) to Dec. 2023 (€-2,289 Mil) but then increased from Dec. 2023 (€-2,289 Mil) to Mar. 2024 (€-2,358 Mil).

TechnipFMC's annual accumulated depreciation increased from Dec. 2021 (€-1,951 Mil) to Dec. 2022 (€-2,129 Mil) and increased from Dec. 2022 (€-2,129 Mil) to Dec. 2023 (€-2,289 Mil).

TechnipFMC Accumulated Depreciation Historical Data

The historical data trend for TechnipFMC's Accumulated Depreciation 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.

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TechnipFMC Accumulated Depreciation Chart

TechnipFMC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2,059.92

-1,770.75

-1,950.54

-2,129.19

-2,289.29

TechnipFMC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-2,408.04	-2,504.10	-2,472.84	-2,289.29	-2,357.50

TechnipFMC Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

TechnipFMC Accumulated Depreciation Related Terms

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TechnipFMC (LTS:0RMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (LTS:0RMV) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

FTI:USA 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.

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