TechnipFMC (FTI) Amortizatization of Intangibles (2016 - 2021)
TechnipFMC (FTI) posted quarterly Amortizatization of Intangibles of $23.4 million for Q4 2021, down 14.6% year-over-year from $27.4 million in Q4 2020, and up 0.86% quarter-over-quarter from $23.2 million in Q3 2021.
TechnipFMC (FTI) Amortizatization of Intangibles (2016 - 2021) Analysis & Trends
TechnipFMC (FTI) has reported Amortizatization of Intangibles for 6 consecutive years, with $23.4 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Amortizatization of Intangibles fell 14.6% year-over-year to $23.4 million; the TTM figure through Dec 2021 stood at $94.1 million (down 8.99% YoY), while the FY2021 annual figure was $94.1 million, down 8.99% from the prior year.
- Amortizatization of Intangibles improved to $23.4 million in Q4 2021 per FTI's latest filing, from $23.2 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $68.0 million in Q1 2017 and bottomed at $8.7 million in Q4 2019.
- Historically, Amortizatization of Intangibles has averaged $36.5 million across 5 years, with a median of $30.4 million in 2019.
- Annual changes were most pronounced in 2017 — Amortizatization of Intangibles jumped 1468.42% — and 2019, when it slumped 81.25%.
- TechnipFMC's Amortizatization of Intangibles stood at $59.6 million in 2017, then declined by 22.15% to $46.4 million in 2018, then plunged by 81.25% to $8.7 million in 2019, then surged by 214.94% to $27.4 million in 2020, then fell by 14.6% to $23.4 million in 2021.
- Business Quant data shows FTI's Amortizatization of Intangibles at $23.4 million in Q4 2021, $23.2 million in Q3 2021, and $23.4 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | - |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | - |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 3.88 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 1.23 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 23.40 Mn |
| Dec 31, 2021 | 23.40 Mn |
| Sep 30, 2021 | 23.20 Mn |
| Sep 30, 2021 | 23.20 Mn |
| Jun 30, 2021 | 23.40 Mn |
| Jun 30, 2021 | 23.40 Mn |
| Mar 31, 2021 | 24.10 Mn |
| Mar 31, 2021 | 24.10 Mn |
| Dec 31, 2020 | 27.40 Mn |
| Dec 31, 2020 | 27.40 Mn |
| Sep 30, 2020 | 24.90 Mn |
| Sep 30, 2020 | 24.90 Mn |
| Jun 30, 2020 | 25.60 Mn |
| Jun 30, 2020 | 25.60 Mn |
| Mar 31, 2020 | 25.50 Mn |
| Mar 31, 2020 | 25.50 Mn |
| Dec 31, 2019 | 8.70 Mn |
| Dec 31, 2019 | 8.70 Mn |
| Sep 30, 2019 | 35.30 Mn |
| Sep 30, 2019 | 35.30 Mn |