TechnipFMC (FTI) Depreciation and Depletion (2016 - 2023)

TechnipFMC (FTI) reported Depreciation and Depletion of $4.8 million for Q4 2023, up 500.0% year-over-year from $800000.0 in Q4 2022, and down 94.86% quarter-over-quarter from $93.3 million in Q3 2023.

TechnipFMC (FTI) Depreciation and Depletion (2016 - 2023) Analysis & Trends

TechnipFMC (FTI) has 8 years of Depreciation and Depletion data on file, last reported at $4.8 million in Q4 2023.

  • Depreciation and Depletion for Q4 2023 came in at $4.8 million, up 500.0% year-over-year; the trailing twelve-month figure through Dec 2023 was $288.1 million (up 1.02% YoY), and the FY2025 annual result was $325.3 million, up 16.01% from the prior year.
  • Depreciation and Depletion retreated to $4.8 million in Q4 2023 per FTI's latest filing, from $93.3 million in the prior quarter.
  • Over five years, Depreciation and Depletion peaked at $106.3 million in Q3 2019 and troughed at $800000.0 in Q4 2022.
  • A 5-year average of $76.8 million and a median of $91.0 million in 2019 frame the typical range for Depreciation and Depletion.
  • The sharpest annual moves came in 2021 and 2023: Depreciation and Depletion plunged 98.15% in 2021, then surged 500.0% in 2023.
  • A 5-year view of Depreciation and Depletion shows it stood at $80.5 million in 2019, then gained by 7.33% to $86.4 million in 2020, then sank by 98.15% to $1.6 million in 2021, then sank by 50.0% to $800000.0 in 2022, then surged by 500.0% to $4.8 million in 2023.
  • Business Quant data shows FTI's Depreciation and Depletion at $4.8 million in Q4 2023, $93.3 million in Q3 2023, and $97.0 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 464.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn -
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 64.30 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 99.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 4.80 Mn
Dec 31, 2023 4.80 Mn
Sep 30, 2023 93.30 Mn
Sep 30, 2023 93.30 Mn
Jun 30, 2023 97.00 Mn
Jun 30, 2023 97.00 Mn
Mar 31, 2023 93.00 Mn
Mar 31, 2023 93.00 Mn
Dec 31, 2022 800,000.00
Dec 31, 2022 800,000.00
Sep 30, 2022 94.50 Mn
Sep 30, 2022 94.50 Mn
Jun 30, 2022 94.00 Mn
Jun 30, 2022 94.00 Mn
Mar 31, 2022 95.90 Mn
Mar 31, 2022 95.90 Mn
Dec 31, 2021 1.60 Mn
Dec 31, 2021 1.60 Mn
Sep 30, 2021 96.50 Mn
Sep 30, 2021 96.50 Mn