TechnipFMC PLC (FTI) Financials

TechnipFMC PLC (FTI) is a global leader in the energy industry, providing innovative solutions for subsea production and processing systems, onshore and offshore solutions, and surface technologies. The company's financials reveal a strong performance and a solid foundation for future growth.

According to the income statement, TechnipFMC PLC (FTI) reported a gross profit of $2.7 billion. The company's total revenue reached $13.8 billion, illustrating its significant market presence and successful operations.

The EBIT (earnings before interest and taxes) for TechnipFMC PLC (FTI) stood at $1.3 billion. This metric demonstrates the company's ability to generate substantial earnings from its core business activities.

In terms of net income from stockholders, TechnipFMC PLC (FTI) reported a figure of $900 million. This reflects the company's ability to generate profits for its shareholders and indicates a profitable business model.

Moving on to the balance sheet, TechnipFMC PLC (FTI) showcased a strong financial position. The company's total assets amounted to $21 billion, while total liabilities stood at $12 billion. This denotes a robust asset base and a manageable level of debt.

TechnipFMC PLC (FTI) also demonstrated a healthy cash flow. Operating cash flow, which represents the cash generated from the company's core operations, was reported at $1.5 billion. The company's investing cash flow and financing cash flow were recorded at $400 million and $600 million, respectively.

In terms of cash equivalents, TechnipFMC PLC (FTI) had a significant amount on hand, indicating its liquidity and ability to meet short-term obligations. This figure amounted to $1.2 billion.

To evaluate the company's financial health, it is important to consider its net debt and stockholders' equity. TechnipFMC PLC (FTI) reported a net debt of $4 billion, indicating its level of indebtedness. Conversely, the company's stockholders' equity amounted to $9 billion, illustrating the invested capital of shareholders.

In conclusion, TechnipFMC PLC (FTI) has achieved strong financial results, driven by its robust revenue, profitability, and healthy cash flow. The company's solid balance sheet and liquidity position provide a solid foundation for future growth and success in the energy industry.