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TechnipFMC (TechnipFMC) Pretax Margin % : 10.31% (As of Mar. 2024)


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What is TechnipFMC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TechnipFMC's Pre-Tax Income for the three months ended in Mar. 2024 was $211 Mil. TechnipFMC's Revenue for the three months ended in Mar. 2024 was $2,042 Mil. Therefore, TechnipFMC's pretax margin for the quarter that ended in Mar. 2024 was 10.31%.

The historical rank and industry rank for TechnipFMC's Pretax Margin % or its related term are showing as below:

FTI' s Pretax Margin % Range Over the Past 10 Years
Min: -53.57   Med: 1.98   Max: 5.99
Current: 4.57


FTI's Pretax Margin % is ranked worse than
60.33% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs FTI: 4.57

TechnipFMC Pretax Margin % Historical Data

The historical data trend for TechnipFMC's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TechnipFMC Pretax Margin % Chart

TechnipFMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.99 -53.57 3.09 1.03 2.64

TechnipFMC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 -2.69 5.50 4.87 10.31

Competitive Comparison of TechnipFMC's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, TechnipFMC's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TechnipFMC's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TechnipFMC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TechnipFMC's Pretax Margin % falls into.



TechnipFMC Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

TechnipFMC's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=206.6/7824.2
=2.64 %

TechnipFMC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=210.6/2042
=10.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TechnipFMC  (NYSE:FTI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


TechnipFMC Pretax Margin % Related Terms

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TechnipFMC (TechnipFMC) Business Description

Traded in Other Exchanges
Address
13460 Lockwood Road, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Executives
Cristina Aalders officer: EVP, Chief Legal Officer & Sec ONE SUBSEA LANE, HOUSTON TX 77044
De Carvalho Filho Eleazar director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Robert G Gwin director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Jonathan Landes officer: President Subsea ONE SUBSEA LANE, HOUSTON TX 77044
Thierry Conti officer: President, Surface ONE SUBSEA LANE, HOUSTON TX 77044
Luana Duffe officer: EVP, New Energy Ventures ONE SUBSEA LANE, HOUSTON TX 77044
Nisha P. Rai officer: EVP, People & Culture ONE SUBSEA LANE, HOUSTON TX 77044
Rousset Sophie Zurquiyah director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Alf Melin officer: EVP & Chief Financial Officer ONE SUBSEA LANE, HOUSTON TX 77044
Victoria Lazar officer: EVP, General Counsel & Sec ONE SUBSEA LANE, HOUSTON TX 77044
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Oleary John C G director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Olivier Piou director ONE ST. PAUL'S CHURCHYARD, LONDON X0 EC4M 8AP
Maryann T. Mannen officer: EVP & Chief Financial Officer C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Catherine Macgregor officer: President Onshore/Offshore 6 ALLEE DE LARCHE FAUBOURG DE LARCHE, ZAC DANTON, COURBEVOIE I0 92400