TechnipFMC (NYSE:FTI) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

TechnipFMC (NYSE:FTI) released its quarterly earnings data 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. TechnipFMC had a net margin of 10.62% and a return on equity of 34.06%. The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the firm earned $0.68 EPS. TechnipFMC’s revenue for the quarter was up 9.0% on a year-over-year basis.

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 Price Performance

Shares of TechnipFMC stock traded up $2.10 on Friday, hitting $71.02. 986,671 shares of the company traded hands, compared to its average volume of 4,289,090. TechnipFMC has a 12-month low of $34.27 and a 12-month high of $77.92. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13. The company has a market cap of $28.32 billion, a P/E ratio of 27.13, a P/E/G ratio of 1.51 and a beta of 0.70. The firm’s 50-day simple moving average is $69.47 and its 200 day simple moving average is $66.95.

TechnipFMC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.05 per share. The ex-dividend date 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 7.63%.

Analyst Ratings Changes

FTI has been the subject of several recent research reports. Evercore reiterated an “outperform” rating and issued a $83.00 price target on shares of TechnipFMC in a research report on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating on shares of TechnipFMC in a report on Sunday, May 31st. Royal Bank Of Canada boosted their price objective on shares of TechnipFMC from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Citigroup increased their target price on shares of TechnipFMC from $76.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Wall Street Zen upgraded shares of TechnipFMC from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.64.

Institutional Investors Weigh In On TechnipFMC

Hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of TechnipFMC during the 3rd quarter valued at about $32,000. Geneos Wealth Management Inc. raised its position in TechnipFMC by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,090 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 340 shares during the period. Ossiam lifted its stake in TechnipFMC by 52.0% in the second quarter. Ossiam now owns 1,597 shares of the oil and gas company’s stock worth $55,000 after purchasing an additional 546 shares during the last quarter. Headlands Technologies LLC purchased a new stake in TechnipFMC during the second quarter valued at about $70,000. Finally, Ancora Advisors LLC bought a new position in shares of TechnipFMC during the third quarter valued at about $87,000. Institutional investors own 96.58% of the company’s stock.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: TechnipFMC reported second-quarter adjusted earnings of $0.91 per share, versus the $0.80 consensus estimate and $0.68 in the prior-year quarter. Revenue increased 9% year over year to $2.76 billion, also ahead of the $2.68 billion analyst forecast. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Quarterly revenue rose 10.8% sequentially to $2.76 billion, while net income increased to $362.7 million from $260.5 million in the first quarter. Profitability metrics remained strong, with a reported 10.62% net margin and 34.06% return on equity. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: The company maintained a constructive full-year outlook, issuing 2026 revenue guidance of $10.4 billion to $10.9 billion. The midpoint is broadly in line with the $10.6 billion analyst consensus, suggesting management expects continued growth rather than a material slowdown. TechnipFMC Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Post-earnings analyst commentary focused on TechnipFMC alongside other energy companies. The available report did not identify a major estimate revision or new catalyst beyond the quarterly results. Analysts Offer Insights on Energy Companies

About TechnipFMC

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.