TechnipFMC PLC

FTI: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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TechnipFMC Earnings: Offshore Exposure and Services Backlog Propel Stellar Results

TechnipFMC’s $2.8 billion in second-quarter orders exceeded its $2.5 billion in revenue, implying a book/bill ratio of roughly 1.1 times. Sales rose 9% year on year, while adjusted EBITDA margin rose 500 basis points year on year to 20.5%. Shares jumped 12% on strong margin performance.

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