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| Date | Value |
|---|---|
| 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 |