TechnipFMC
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TechnipFMC - overview
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
TechnipFMC is a leading technology provider in the energy sector, offering innovative solutions for both traditional and renewable energy industries through advanced subsea and surface technologies. TechnipFMC plc specializes in providing technology solutions for the energy sector, focusing on subsea and surface technologies. The company is headquartered in Houston, US. Candace Axel and Samuel Rocher currently serve as CEO.
The company has undergone strategic transformations to enhance its operational capabilities, with its operations spanning globally across regions including North America, Europe, and Asia-Pacific. TechnipFMC delivers a wide array of products and services tailored to the energy sector. Its core offerings include subsea solutions like Subsea 2. 0® and iEPCI™, and surface technologies such as DrillNow™ and iComplete™.
These technologies are instrumental in improving operational efficiency and reducing emissions for a diverse clientele, including leading energy firms like Equinor and Chevron. In the most recent fiscal year 2024, TechnipFMC reported a revenue of USD 11. 64 bn with an EBITDA of USD 2. 05 bn, generated through long-term contracts and project-based services with major energy companies.
TechnipFMC is focusing on expanding its product lineup with new energy platforms aimed at enhancing efficiency and sustainability in energy production. The company plans to enter emerging markets in Asia-Pacific and Africa by the end of 2025. Recent funding will be strategically allocated to support the research and development of these new product innovations and to facilitate its geographic expansion.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
http://www.technipfmc.com
Total Amount Raised
Subscriber access only
TechnipFMC - timeline of key events
TechnipFMC - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 15,056,900,000 | 12,552,900,000 | 13,409,100,000 | 13,050,600,000 | 6,403,500,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | (16.6%) | 6.8% | (2.7%) | (50.9%) | - | - | - |
| EBITDA (USD) | (11,900,000) | 1,609,600,000 | (576,800,000) | (1,174,900,000) | (2,344,300,000) | 788,700,000 | - | - | - |
| Operating Income (USD) | (11,900,000) | 994,900,000 | (1,127,200,000) | (1,684,500,000) | (2,791,500,000) | 403,300,000 | - | - | - |
| Operating Margin | - | 6.6% | (9.0%) | (12.6%) | (21.4%) | 6.3% | - | - | - |
| % EBITDA Margin | - | 10.7% | (4.6%) | (8.8%) | (18.0%) | 12.3% | - | - | - |
| NET Income (USD) | (11,900,000) | 134,200,000 | (1,910,800,000) | (2,412,100,000) | (3,237,900,000) | 87,800,000 | - | - | - |
| % Net Margin | - | 0.9% | (15.2%) | (18.0%) | (24.8%) | 1.4% | - | - | - |
TechnipFMC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spin-Off | Completed | Guidant Measurement | - | ||||||||
| Buyout | Completed | Syntron Material Handling | - |
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TechnipFMC - employee data
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