TechnipFMC (FTI) Depreciation and Depletion (2016 - 2023)
TechnipFMC's (FTI) quarterly Depreciation and Depletion came in at $4.8 million in Q4 2023, up 500.0% year-on-year from $800000.0 in Q4 2022, and down 94.86% on a QoQ basis 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.
- On a quarterly basis, Depreciation and Depletion rose 500.0% year-over-year to $4.8 million in Q4 2023; TTM through Dec 2023 was $288.1 million, a 1.02% increase from a year earlier, with the FY2025 full-year figure at $325.3 million, up 16.01% from the prior year.
- Depreciation and Depletion for Q4 2023 stood at $4.8 million, down from $93.3 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for FTI reached as high as $106.3 million in Q3 2019 and fell as low as $800000.0 in Q4 2022.
- Historically, Depreciation and Depletion has averaged $76.8 million across 5 years, with a median of $91.0 million in 2019.
- Across the five-year window, Depreciation and Depletion slumped 98.15% in 2021 and soared 500.0% in 2023, its largest moves.
- Year by year, Depreciation and Depletion stood at $80.5 million in 2019, then grew by 7.33% to $86.4 million in 2020, then slumped by 98.15% to $1.6 million in 2021, then slumped by 50.0% to $800000.0 in 2022, then surged by 500.0% to $4.8 million in 2023.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 464.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | - |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | - |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | - |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | - |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | - |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 23.00 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.30 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 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 |