TechnipFMC plc

TechnipFMC plcverified

FTI

Price:

$26.27

Market Cap:

$11.32B

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and processing systems; subsea umbilicals, risers, and flowlines; vessels; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. This segment also offer...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2001-06-15

Stock Exchange

NYSE

Ticker

FTI

The Current Ratio as of July 2024 (TTM) for TechnipFMC plc (FTI) is 1.16

According to TechnipFMC plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of -1.41% compared to the average of 1.17 of the last 4 quarters.

TechnipFMC plc (FTI) Historical Current Ratio (quarterly & annually)

How has FTI Current Ratio performed in the past?

The mean historical Current Ratio of TechnipFMC plc over the last ten years is 1.15. The current 1.16 Current Ratio has changed 9.94% with respect to the historical average. Over the past ten years (40 quarters), FTI's Current Ratio was at its highest in in the March 2021 quarter at 1.62. The Current Ratio was at its lowest in in the December 2015 quarter at 0.91.

Quarterly (TTM)
Annual

Average

1.15

Median

1.17

Minimum

0.91

Maximum

1.39

TechnipFMC plc (FTI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TechnipFMC plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 30.35%

Maximum Annual Current Ratio = 1.39

Minimum Annual Increase = -13.82%

Minimum Annual Current Ratio = 0.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.16-2.72%
20221.20-13.82%
20211.3926.20%
20201.10-6.37%
20191.17-8.52%
20181.28-2.01%
20171.3130.35%
20161.009.78%
20150.91-7.06%
20140.98-3.27%

TechnipFMC plc (FTI) Average Current Ratio

How has FTI Current Ratio performed in the past?

The current Current Ratio of TechnipFMC plc (FTI) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.25

5-year avg

1.20

10-year avg

1.15

TechnipFMC plc (FTI) Current Ratio vs. Peers

How is FTI’s Current Ratio compared to its peers?

TechnipFMC plc’s Current Ratio is less than Oceaneering International, Inc. (1.76), less than NOV Inc. (2.50), less than Flowserve Corporation (1.88), less than Dril-Quip, Inc. (5.35), less than Core Laboratories N.V. (2.68),

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