Financials TechnipFMC LIQUIDNET SYSTEMS

Stocks

FTI

GB00BDSFG982

Oil Related Services and Equipment

Delayed LIQUIDNET SYSTEMS Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		-.--%	-

06-26	The Shovel Gets Pricier on Wall Street
06-26	Apple and OpenAI unsettle markets

Projected Income Statement: TechnipFMC

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	6,404	6,700	7,824	9,083	9,933	10,640	11,468	12,071
Change	-	4.64%	16.77%	16.09%	9.35%	7.12%	7.78%	5.27%
EBITDA ¹	580.4	646.5	819.6	1,351	1,824	2,143	2,402	2,582
Change	-	11.39%	26.77%	64.85%	35.01%	17.5%	12.07%	7.48%
EBIT ¹	195	269.3	441.8	958.4	1,382	1,703	1,954	2,131
Change	-	38.1%	64.05%	116.93%	44.23%	23.21%	14.71%	9.07%
Interest Paid ¹	-157.3	-138.7	-122.2	-97.4	-39.5	-26.38	-23.47	-23.3
Earnings before Tax (EBT) ¹	198.1	68.9	206.6	940.4	1,270	1,683	1,958	2,124
Change	-	-65.22%	199.85%	355.18%	35.05%	32.52%	16.33%	8.49%
Net income ¹	13.3	-107.2	56.2	842.9	963.9	1,186	1,333	1,447
Change	-	-906.02%	152.43%	1,399.82%	14.36%	23.01%	12.42%	8.53%
Announcement Date	2/23/22	2/23/23	2/22/24	2/27/25	2/19/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	1,669	1,579	1,523	1,556	1,717	1,733	1,694	1,717	1,972	2,057	2,078	2,042	2,326	2,348	2,367	2,234	2,535	2,647	2,517	2,493	2,668	2,743	2,705	2,660	2,881	2,939	2,893	-
Change	-	-5.36%	-3.55%	2.13%	10.37%	0.92%	-2.23%	1.36%	14.84%	4.29%	1.01%	-1.72%	13.89%	0.98%	0.8%	-5.65%	13.48%	4.44%	-4.92%	-0.97%	7.04%	2.8%	-1.38%	-1.66%	8.32%	1.99%	-1.55%	-
EBITDA ¹	144.3	140.6	130.3	153.5	186.5	185.6	120.9	157.5	205.9	237.5	218.7	252.6	361.4	386.1	351	343.8	520.8	518.9	440.5	466	570.3	585.3	530.2	528.2	643.1	667.6	599.2	597.1
Change	-	-2.56%	-7.33%	17.81%	21.5%	-0.48%	-34.86%	30.27%	30.73%	15.35%	-7.92%	15.5%	43.07%	6.83%	-9.09%	-2.05%	51.48%	-0.36%	-15.11%	5.79%	22.39%	2.63%	-9.43%	-0.38%	21.76%	3.8%	-10.25%	-0.35%
EBIT ¹	46.3	44.1	34.6	57.6	92.5	91.1	28.1	64.5	108.9	144.2	124.2	153.1	269.3	292	243.9	241.4	405.6	400.7	334.6	362.4	464.5	481.1	421.7	411.2	531	559	510	-
Change	-	-4.75%	-21.54%	66.47%	60.59%	-1.51%	-69.15%	129.54%	68.84%	32.42%	-13.87%	23.27%	75.9%	8.43%	-16.47%	-1.03%	68.02%	-1.21%	-16.5%	8.31%	28.16%	3.59%	-12.35%	-2.48%	29.11%	5.27%	-8.76%	-
Charge d'intérêts ¹	-35.2	-39.3	-39.4	-33.9	-27.7	-30.9	-34	-27	-30.3	-26.7	-30.1	-12.7	-21.4	-15.9	-21.7	-9.9	-14.4	-10.6	-4.6	-6	-5.26	-4.86	-4.26	-4	-3	-3	-3	-
Earnings before Tax (EBT) ¹	-137.7	-26.7	-94.1	-5.8	27.6	53.4	-6.3	45.2	-53	113.2	101.2	210.6	245.5	272.4	211.9	230.3	374.8	387	277.9	355.8	459.4	470.6	412.2	-	-	-	-	-
Change	-	80.61%	-252.43%	93.84%	575.86%	93.48%	-111.8%	817.46%	-217.26%	313.58%	-10.6%	108.1%	16.57%	10.96%	-22.21%	8.68%	62.74%	3.26%	-28.19%	28.03%	29.12%	2.44%	-12.42%	-	-	-	-	-
Net income ¹	-167	-32.2	-155.7	-61.7	2.1	-10.3	-37.3	0.4	-87.2	90	53	157.1	186.5	274.6	224.7	142	269.5	309.7	242.7	260.5	327	337.4	295	-	-	-	-	-
Change	-	80.72%	-383.54%	60.37%	103.4%	-590.48%	-262.14%	101.07%	-21,900%	203.21%	-41.11%	196.42%	18.71%	47.24%	-18.17%	-36.8%	89.79%	14.92%	-21.63%	7.33%	25.52%	3.17%	-12.55%	-	-	-	-	-
Announcement Date	7/21/21	10/20/21	2/23/22	4/27/22	7/27/22	10/26/22	2/23/23	4/27/23	7/27/23	10/26/23	2/22/24	4/25/24	7/25/24	10/24/24	2/27/25	4/24/25	7/24/25	10/23/25	2/19/26	4/30/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: TechnipFMC

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	412	310	116	-273	-602	-870	-1,223	-1,697
Change	-	-24.76%	-62.58%	-335.34%	-120.51%	-44.54%	-40.57%	-38.76%
Announcement Date	2/23/22	2/23/23	2/22/24	2/27/25	2/19/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: TechnipFMC

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	191.7	157.9	225.2	281.6	317.2	336.7	369.3	388.8
Change	-	-17.63%	42.62%	25.04%	12.64%	6.13%	9.69%	5.28%
Free Cash Flow (FCF) ¹	589.6	194.2	467.8	679.4	1,447	1,332	1,424	1,544
Change	-	-67.06%	140.89%	45.23%	113.04%	-7.98%	6.89%	8.49%
Announcement Date	2/23/22	2/23/23	2/22/24	2/27/25	2/19/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: TechnipFMC

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	9.06%	9.65%	10.48%	14.87%	18.36%	20.14%	20.95%	21.39%
EBIT Margin (%)	3.05%	4.02%	5.65%	10.55%	13.92%	16.01%	17.04%	17.65%
EBT Margin (%)	3.09%	1.03%	2.64%	10.35%	12.79%	15.82%	17.07%	17.6%
Net margin (%)	0.21%	-1.6%	0.72%	9.28%	9.7%	11.14%	11.62%	11.98%
FCF margin (%)	9.21%	2.9%	5.98%	7.48%	14.57%	12.52%	12.41%	12.79%
FCF / Net Income (%)	4,433.08%	-181.16%	832.38%	80.6%	150.16%	112.33%	106.81%	106.77%
Profitability
ROA	-0.82%	-0.13%	2.11%	8.23%	10.28%	12.35%	14.03%	-
ROE	-3.21%	-0.38%	6.32%	25.78%	31.81%	32.85%	34.4%	33.6%
Financial Health
Leverage (Debt/EBITDA)	0.71x	0.48x	0.14x	-	-	-	-	-
Debt / Free cash flow	0.7x	1.59x	0.25x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.99%	2.36%	2.88%	3.1%	3.19%	3.16%	3.22%	3.22%
CAPEX / EBITDA (%)	33.03%	24.42%	27.48%	20.84%	17.39%	15.71%	15.37%	15.06%
CAPEX / FCF (%)	32.51%	81.31%	48.14%	41.45%	21.92%	25.28%	25.94%	25.17%
Items per share
Cash flow per share ¹	0.641	1.006	0.9819	1.902	3.74	4.148	4.694	5.055
Change	-	56.94%	-2.4%	93.76%	96.61%	10.88%	13.17%	7.69%
Dividend per Share ¹	-	-	0.1	0.2	0.2	0.1994	0.2104	0.2158
Change	-	-	-	100%	0%	-0.3%	5.5%	2.57%
Book Value Per Share ¹	7.55	7.328	6.992	7.023	8.013	10.18	11.97	13.45
Change	-	-2.94%	-4.58%	0.45%	14.09%	26.99%	17.6%	12.43%
EPS ¹	0.03	-0.24	0.12	1.91	2.3	2.937	3.453	3.911
Change	-	-900%	150%	1,491.67%	20.42%	27.7%	17.56%	13.26%
Nbr of stocks (in thousands)	450,700	446,440	435,460	425,415	404,520	398,702	398,702	398,702
Announcement Date	2/23/22	2/23/23	2/22/24	2/27/25	2/19/26	-	-	-