TechnipFMC (MEX:FTIN) Gross Margin %: 23.48% (As of Mar. 2026) — 42% Above Median


MEX:FTIN TechnipFMC PLC MEX:FTIN
62 GF Score
Price MXN217.20
GF Value MXN119.40
! 1 Warning Sign
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What is TechnipFMC Gross Margin %?

TechnipFMC MEX:FTIN 62 Gross Margin % is 23.48% as of Mar. 2026, which is 42% above its 10-year median of 16.55. GuruFocus rates MEX:FTIN with a GF Score™ of 62/100 and a GF Value™ of MXN119.40. The stock has 1 warning sign investors should review. Among 867 Oil & Gas companies, TechnipFMC ranks worse than 54.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TechnipFMC's Gross Profit for the three months ended in Mar. 2026 was MXN10,555 Mil. TechnipFMC's Revenue for the three months ended in Mar. 2026 was MXN44,950 Mil. Therefore, TechnipFMC's Gross Margin % for the quarter that ended in Mar. 2026 was 23.48%.


The historical rank and industry rank for TechnipFMC's Gross Margin % or its related term are showing as below:

MEX:FTIN' s Gross Margin % Range Over the Past 10 Years
Min: 10.64   Med: 16.55   Max: 22.59
Current: 22.59


During the past 13 years, the highest Gross Margin % of TechnipFMC was 22.59%. The lowest was 10.64%. And the median was 16.55%.

MEX:FTIN's Gross Margin % is ranked worse than
54.79% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs MEX:FTIN: 22.59

TechnipFMC had a gross margin of 23.48% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TechnipFMC was 15.30% per year.


TechnipFMC  (MEX:FTIN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TechnipFMC had a gross margin of 23.48% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


TechnipFMC Gross Margin % Related Terms


TechnipFMC Gross Margin % Historical Data

* Premium members only.

The historical data trend for TechnipFMC's Gross Margin % 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.

TechnipFMC Gross Margin % Chart

TechnipFMC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.87 13.38 16.28 18.97 21.96

TechnipFMC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 20.81 23.41 22.81 20.64 23.48

MEX:FTIN vs HAL, WFRD, NOV: Gross Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, TechnipFMC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TechnipFMC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TechnipFMC's Gross Margin % falls into.


MEX:FTIN
62GF Score
TechnipFMC PLC MEX:FTIN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TechnipFMC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

TechnipFMC's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=39277.6 / 178843.416
=(Revenue - Cost of Goods Sold) / Revenue
=(178843.416 - 139565.782) / 178843.416
=21.96 %

TechnipFMC's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=10554.5 / 44950.111
=(Revenue - Cost of Goods Sold) / Revenue
=(44950.111 - 34395.572) / 44950.111
=23.48 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 23.48% mean?
TechnipFMC (MEX:FTIN) has a Gross Margin % of 23.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TechnipFMC and its competitors. This is 42% above median its historical median of 16.55. Over the past decade, TechnipFMC's Gross Margin % has ranged from 10.64 to 22.59. According to the industry distribution chart, TechnipFMC ranks #475 out of 867 companies in the Oil & Gas industry, placing it in the top 54.8%.
Is TechnipFMC's Gross Margin % too high?
TechnipFMC's current Gross Margin % of 23.48% is 42% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 10.64 to a high of 22.59. The Oil & Gas industry median Gross Margin % is 25.70. TechnipFMC's value of 23.48% is 8.6% below this industry median. Based on the distribution chart, TechnipFMC ranks #475 out of 867 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, TechnipFMC has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does TechnipFMC's Gross Margin % compare to HAL and WFRD?
According to the Oil & Gas industry distribution chart, TechnipFMC ranks #475 out of 867 companies for Gross Margin %. This places TechnipFMC in the lower half of its industry. The industry median Gross Margin % is 25.70. TechnipFMC's value of 23.48% is 8.6% below this benchmark. Historically, TechnipFMC's own Gross Margin % has ranged from 10.64 to 22.59 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 25.70, TechnipFMC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TechnipFMC's current Gross Margin % of 23.48% is 8.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on TechnipFMC and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TechnipFMC's current Gross Margin % is 23.48%, which is 42% above median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnipFMC stock overvalued right now?
TechnipFMC (MEX:FTIN) has a current Gross Margin % of 23.48%. The stock's GF Value™ is MXN119.40, compared to a current price of MXN217.20 — trading 81.9% above its estimated fair value. The current Gross Margin % is 23.48%, which is 42% above median its 10-year median of 16.55 and 8.6% below the Oil & Gas industry median of 25.70. TechnipFMC's overall GF Score™ is 62/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For TechnipFMC (MEX:FTIN), the current Gross Margin % is 23.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TechnipFMC (MEX:FTIN) Overvalued in 2026?

Based on GuruFocus' analysis, TechnipFMC stock appears to be overvalued. The current stock price of MXN217.20 is trading 81.9% above its estimated GF Value™ of MXN119.40.

Key valuation signals for MEX:FTIN:

  • Gross Margin %: 23.48% (42% above median its 10-year median of 16.55)
  • GF Value™: MXN119.40 vs. price of MXN217.20 (81.9% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 8.6% below the Oil & Gas median (#475 of 867)

No single metric tells the full story. See the MEX:FTIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TechnipFMC Business Description

Industry EnergyOil & Gas
Address One Subsea Lane, Houston, TX, USA, 77044
TechnipFMC PLC is the key provider of offshore oilfield services, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea construction services. The company also provides various pieces of surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of Technip and FMC Technologies. Geographically it operates in Latin America generating the maximum revenue, then Europe and Central Asia, Africa, North America, Asia Pacific and Middle East.
62GF Score

Get the complete analysis for MEX:FTIN

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN217.20
Price
MXN119.40
GF Value