TechnipFMC PLC
FTI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!mP!Vh | LOCK|rZ@ | LOCK|@j#F@# |
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.
