TechnipFMC (FTI) Asset Writedowns and Impairment (2017 - 2022)
TechnipFMC (FTI) recorded Asset Writedowns and Impairment of $1.7 million in FY2023, down 63.8% from $4.7 million in FY2022.
Analysis
TechnipFMC (FTI) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends
Starting with FY2015, TechnipFMC's Asset Writedowns and Impairment history includes 9 years.
- Annual Asset Writedowns and Impairment has declined for three straight years, with a five-year compound annual growth rate of -75.1% (FY2018 to FY2023).
- The FY2023 figure is the lowest annual Asset Writedowns and Impairment in data going back to FY2015.
- Per Business Quant data, FTI's Asset Writedowns and Impairment was $4.7 million in FY2022 (-90.4%), $49.1 million in FY2021 (-98.5%), $3.27 billion in FY2020 (+32.0%) and $2.48 billion in FY2019 (+38.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn |
| 10 | Valaris | 5.43 Bn | 3.05 Bn | 123.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 3.60 Mn |
| Mar 31, 2022 | 1.10 Mn |
| Dec 31, 2021 | 28.20 Mn |
| Sep 30, 2021 | 1.30 Mn |
| Jun 30, 2021 | 800,000.00 |
| Mar 31, 2021 | 18.80 Mn |
| Dec 31, 2020 | 29.10 Mn |
| Sep 30, 2020 | 23.00 Mn |
| Jun 30, 2020 | 33.70 Mn |
| Mar 31, 2020 | 3.19 Bn |
| Dec 31, 2019 | 2.35 Bn |
| Sep 30, 2019 | 126.30 Mn |
| Jun 30, 2019 | 300,000.00 |
| Mar 31, 2019 | 900,000.00 |
| Dec 31, 2018 | 1.78 Bn |
| Sep 30, 2018 | 1.60 Mn |
| Jun 30, 2018 | 12.10 Mn |
| Mar 31, 2018 | 400,000.00 |
| Dec 31, 2017 | 25.30 Mn |
| Sep 30, 2017 | 8.20 Mn |
API Access
TechnipFMC Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "FTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();