TechnipFMC (NYSE:FTI) Announces Earnings Results, Beats Estimates By $0.11 EPS

TechnipFMC (NYSE:FTI) released its quarterly earnings data on Thursday. The oil and gas company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period in the previous year, the business earned $0.68 EPS. TechnipFMC’s revenue was up 9.0% compared to the same quarter last year.

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

NYSE:FTI traded down $2.72 during trading hours on Thursday, hitting $69.01. 6,844,635 shares of the company’s stock traded hands, compared to its average volume of 3,353,898. TechnipFMC has a 52 week low of $34.27 and a 52 week high of $77.92. The business’s fifty day simple moving average is $69.47 and its two-hundred day simple moving average is $66.95. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 0.13. The firm has a market cap of $27.51 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.51 and a beta of 0.70.

TechnipFMC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. TechnipFMC’s dividend payout ratio is presently 7.63%.

Institutional Trading of TechnipFMC

Several institutional investors and hedge funds have recently modified their holdings of FTI. State Street Corp boosted its position in shares of TechnipFMC by 62.2% during the 3rd quarter. State Street Corp now owns 12,884,052 shares of the oil and gas company’s stock valued at $508,276,000 after acquiring an additional 4,938,498 shares during the last quarter. Invesco Ltd. increased its position in shares of TechnipFMC by 64.9% in the fourth quarter. Invesco Ltd. now owns 11,272,089 shares of the oil and gas company’s stock worth $502,284,000 after purchasing an additional 4,437,960 shares during the last quarter. AQR Capital Management LLC increased its position in shares of TechnipFMC by 26.7% in the fourth quarter. AQR Capital Management LLC now owns 16,866,408 shares of the oil and gas company’s stock worth $751,567,000 after purchasing an additional 3,549,839 shares during the last quarter. Northern Trust Corp raised its stake in TechnipFMC by 46.2% in the third quarter. Northern Trust Corp now owns 3,581,329 shares of the oil and gas company’s stock valued at $141,283,000 after purchasing an additional 1,132,216 shares in the last quarter. Finally, Merewether Investment Management LP lifted its position in TechnipFMC by 216.9% during the third quarter. Merewether Investment Management LP now owns 1,544,135 shares of the oil and gas company’s stock valued at $60,916,000 after purchasing an additional 1,056,797 shares during the last quarter. Hedge funds and other institutional investors own 96.58% of the company’s stock.

Wall Street Analysts Forecast Growth

FTI has been the subject of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of TechnipFMC in a report on Wednesday, June 3rd. Evercore reissued an “outperform” rating and set a $83.00 price objective on shares of TechnipFMC in a report on Friday, May 1st. Royal Bank Of Canada raised their target price on TechnipFMC from $78.00 to $80.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Susquehanna reduced their target price on TechnipFMC from $90.00 to $85.00 and set a “positive” rating for the company in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded TechnipFMC from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TechnipFMC presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.64.

TechnipFMC News Summary

Here are the key news stories impacting TechnipFMC this week:

• Positive Sentiment: Second-quarter revenue increased 9.0% year over year to $2.76 billion, exceeding the $2.67 billion analyst consensus. Net income rose to $362.7 million, while EPS reached $0.91 versus $0.68 a year earlier and the $0.80 consensus estimate. TechnipFMC Announces Second-Quarter 2026 Results
• Positive Sentiment: Revenue grew 10.8% sequentially, and profitability remained healthy, with a reported net margin of 10.62% and return on equity of 34.06%. The results reinforce momentum in the company’s oilfield-services operations. FMC Technologies Surpasses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: TechnipFMC set 2026 revenue guidance at $10.4 billion to $10.9 billion, implying a midpoint of approximately $10.65 billion versus the $10.6 billion consensus. While the outlook supports continued growth, it does not represent a major forecast upgrade. TechnipFMC Q2 2026 Earnings
• Positive Sentiment: The company declared a quarterly dividend of $0.05 per share, payable September 2 to shareholders of record August 18, providing continued shareholder income. TechnipFMC Dividend Announcement
• Negative Sentiment: Despite the earnings and revenue beats, the stock traded lower, suggesting investors may have expected a stronger guidance increase or more positive forward commentary. The reaction reflects high expectations after a substantial prior rise in the shares.

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.