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
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