TechnipFMC (NYSE:FTI) Announces Earnings Results

TechnipFMC (NYSE:FTI) issued its earnings results on Thursday. The oil and gas company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11, FiscalAI reports. The firm had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.71 billion. TechnipFMC had a return on equity of 36.54% and a net margin of 11.28%.The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 earnings per share.

Here are the key takeaways from TechnipFMC’s conference call:

• Strong second-quarter execution produced $2.8 billion in revenue, $601 million of adjusted EBITDA, a 21.8% margin excluding foreign exchange, and $488 million of free cash flow.
• TechnipFMC raised its 2026 adjusted EBITDA outlook to approximately $2.19 billion and expects free cash flow of about $1.45 billion, the high end of its prior guidance range.
• Subsea orders totaled $2.5 billion in the quarter, and management remains confident in achieving approximately $10 billion of subsea inbound orders in 2026, with larger greenfield projects expected to support an order step-up from 2027 through the end of the decade.
• Subsea adjusted EBITDA margin reached 23.2%, supported by strong project execution, higher EPCI activity, standardized solutions, and a higher-quality backlog; management expects margins to improve gradually into 2027.
• Surface Technologies revenue fell 3% sequentially to $276 million because of lower Middle East activity related to the ongoing conflict and weaker North American activity; full-year revenue is now expected near the low end of guidance.

TechnipFMC Trading Up 4.0%

Shares of FTI stock traded up $2.74 during trading hours on Friday, hitting $71.66. 3,421,154 shares of the company’s stock traded hands, compared to its average volume of 3,311,788. The stock has a market cap of $28.57 billion, a PE ratio of 24.88, a price-to-earnings-growth ratio of 1.45 and a beta of 0.70. The stock’s 50 day simple moving average is $69.48 and its 200 day simple moving average is $66.98. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 0.09. TechnipFMC has a 12 month low of $34.27 and a 12 month high of $77.92.

TechnipFMC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. TechnipFMC’s dividend payout ratio (DPR) is presently 7.63%.

Key Headlines Impacting TechnipFMC

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.91 per share versus the $0.80 analyst consensus, while revenue reached $2.76 billion, above the $2.68 billion estimate. EPS also increased from $0.68 a year earlier. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: Revenue and net income accelerated: Revenue rose 9% year over year to $2.76 billion and increased 10.8% sequentially. Net income climbed to $362.7 million from $260.5 million in the prior quarter, supporting the bullish investor reaction. TechnipFMC plc 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: Profitability remained robust: TechnipFMC reported a 10.62% net margin and 34.06% return on equity, reinforcing the view that the company is converting revenue growth into meaningful earnings. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Full-year outlook is broadly in line with expectations: TechnipFMC issued 2026 revenue guidance of $10.4 billion to $10.9 billion, compared with consensus of $10.6 billion. The available update did not provide a specific EPS guidance figure, limiting the upside from the outlook itself. TechnipFMC Q2 2026 Earnings Call Transcript

Analysts Set New Price Targets

A number of research firms recently issued reports on FTI. Barclays upped their price objective on shares of TechnipFMC from $70.00 to $87.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Evercore reaffirmed an “outperform” rating and set a $83.00 target price on shares of TechnipFMC in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating on shares of TechnipFMC in a report on Sunday, May 31st. Wall Street Zen cut TechnipFMC from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Royal Bank Of Canada raised their price objective on TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.64.

Institutional Trading of TechnipFMC

A number of institutional investors and hedge funds have recently bought and sold shares of FTI. Northwestern Mutual Wealth Management Co. lifted its holdings in TechnipFMC by 5.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,266 shares of the oil and gas company’s stock worth $235,000 after buying an additional 262 shares during the period. Kestra Advisory Services LLC increased its stake in shares of TechnipFMC by 2.8% in the fourth quarter. Kestra Advisory Services LLC now owns 11,353 shares of the oil and gas company’s stock valued at $506,000 after buying an additional 305 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of TechnipFMC by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 340 shares during the period. Prelude Capital Management LLC raised its position in shares of TechnipFMC by 5.0% during the third quarter. Prelude Capital Management LLC now owns 11,106 shares of the oil and gas company’s stock worth $438,000 after acquiring an additional 533 shares during the last quarter. Finally, Ossiam raised its position in shares of TechnipFMC by 52.0% during the second quarter. Ossiam now owns 1,597 shares of the oil and gas company’s stock worth $55,000 after acquiring an additional 546 shares during the last quarter. 96.58% of the stock is currently owned by institutional investors and hedge funds.

TechnipFMC Company Profile

TechnipFMC is an integrated oilfield services and technology company that designs, manufactures and delivers systems and services for the energy industry. The company’s activities span the full lifecycle of oil and gas projects, with capabilities in subsea production systems, surface wellhead and intervention equipment, and onshore/offshore engineering and construction. TechnipFMC combines engineering and project management with fabrication, installation and maintenance services to help operators develop and produce hydrocarbon resources.

Its product and service portfolio includes subsea hardware such as trees, manifolds, umbilicals, risers and flowlines, as well as surface equipment for drilling, completions and well intervention.