TechnipFMC PLC
NYSE:FTI
TechnipFMC PLC
In the bustling world of the energy sector, TechnipFMC PLC stands out as a key player, known for its innovative approach to connecting the dots between the oil and gas industry and technological advancements. Formed in 2017 by the merger of Technip and FMC Technologies, the company embodies a fusion of engineering prowess and sophisticated technology. Operating through three main segments—Subsea, Onshore/Offshore, and Surface Technologies—TechnipFMC crafts bespoke solutions for complex energy projects worldwide. The Subsea segment is particularly prominent, innovating with integrated project designs that streamline operations and reduce costs by bringing together various stages of extraction and processing—all crucial in an industry where efficiency directly translates to profitability. Meanwhile, their Onshore/Offshore business caters to the development of both conventional and renewable energy facilities, demonstrating their flexibility and forward-thinking strategy in a rapidly evolving energy landscape.
Revenue streams for TechnipFMC largely stem from long-term contracts with major energy producers for both services and products. In the Subsea realm, they leverage their technology to optimize underwater infrastructure, earning through installation and maintenance services as well as the sale of high-performance equipment. The Onshore/Offshore arm similarly benefits from massive projects, whether it involves erecting a natural gas processing plant or an offshore wind farm. The Surface Technologies division supports wellhead systems and hydraulic fracturing services, crucial to upstream oil and gas operations, thereby diversifying their income source. Guided by a strategic vision that emphasizes sustainability and technological integration, TechnipFMC not only serves the current energy demands but is also setting the stage for the energy solutions of tomorrow, proving its mettle in an industry poised for transformation.
In the bustling world of the energy sector, TechnipFMC PLC stands out as a key player, known for its innovative approach to connecting the dots between the oil and gas industry and technological advancements. Formed in 2017 by the merger of Technip and FMC Technologies, the company embodies a fusion of engineering prowess and sophisticated technology. Operating through three main segments—Subsea, Onshore/Offshore, and Surface Technologies—TechnipFMC crafts bespoke solutions for complex energy projects worldwide. The Subsea segment is particularly prominent, innovating with integrated project designs that streamline operations and reduce costs by bringing together various stages of extraction and processing—all crucial in an industry where efficiency directly translates to profitability. Meanwhile, their Onshore/Offshore business caters to the development of both conventional and renewable energy facilities, demonstrating their flexibility and forward-thinking strategy in a rapidly evolving energy landscape.
Revenue streams for TechnipFMC largely stem from long-term contracts with major energy producers for both services and products. In the Subsea realm, they leverage their technology to optimize underwater infrastructure, earning through installation and maintenance services as well as the sale of high-performance equipment. The Onshore/Offshore arm similarly benefits from massive projects, whether it involves erecting a natural gas processing plant or an offshore wind farm. The Surface Technologies division supports wellhead systems and hydraulic fracturing services, crucial to upstream oil and gas operations, thereby diversifying their income source. Guided by a strategic vision that emphasizes sustainability and technological integration, TechnipFMC not only serves the current energy demands but is also setting the stage for the energy solutions of tomorrow, proving its mettle in an industry poised for transformation.
Strong Results: TechnipFMC reported strong 2025 results with revenue up 9% to $9.9 billion, adjusted EBITDA up 33% to $1.8 billion, and free cash flow more than doubling to $1.4 billion.
Record Backlog: Backlog climbed to $16.6 billion, up 15% year-over-year, supported by $11.2 billion of inbound orders for the year.
Margin Expansion: Subsea adjusted EBITDA margin improved 340 basis points to 20.1% for the year, with further margin expansion guided for 2026.
Guidance Raised: 2026 guidance was raised: Subsea revenue expected at $9.4 billion and company-wide adjusted EBITDA to exceed $2.1 billion, both with margin expansion.
Portfolio Approach: Management highlighted a growing trend of operators adopting a portfolio approach to offshore development, creating more opportunities and improved schedule certainty.
Shareholder Returns: Shareholder distributions more than doubled to $1 billion for the year, with a commitment to return at least 70% of free cash flow in 2026.
Subsea Opportunity List: Future subsea development opportunities hit a record $29 billion, reflecting a strong pipeline into 2026 and beyond.
Direct Awards: Over 80% of Subsea inbound in 2025 was through direct awards, iEPCI, or services, driving quality and visibility of backlog.
