TechnipFMC (FTI) Divestments (2020 - 2024)
TechnipFMC (FTI) posted quarterly Divestments of $186.1 million for Q1 2024, down 35.49% quarter-over-quarter from $288.5 million in Q2 2022.
TechnipFMC (FTI) Divestments (2020 - 2024) Analysis & Trends
TechnipFMC (FTI) has reported Divestments for 4 consecutive years, with $186.1 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Divestments changed N/A year-over-year to $186.1 million; the TTM figure through Dec 2024 stood at $186.1 million (changed N/A YoY), while the FY2024 annual figure was $186.1 million, changed N/A from the prior year.
- Divestments eased to $186.1 million in Q1 2024 per FTI's latest filing, from $288.5 million in the prior quarter.
- Across five years, Divestments topped out at $905.4 million in Q4 2021 and bottomed at -$37.7 million in Q4 2020.
- Historically, Divestments has averaged $164.5 million across 4 years, with a median of -$2.1 million in 2020.
- On a YoY basis, Divestments climbed as much as 2501.59% in 2021 and fell as far as 52.63% in 2021.
- TechnipFMC's Divestments stood at -$37.7 million in 2020, then soared by 2501.59% to $905.4 million in 2021, then sank by 68.14% to $288.5 million in 2022, then tumbled by 35.49% to $186.1 million in 2024.
- Business Quant data shows FTI's Divestments at $186.1 million in Q1 2024, $288.5 million in Q2 2022, and $905.4 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | - |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | - |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | - |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | - |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 186.10 Mn |
| Jun 30, 2022 | 288.50 Mn |
| Dec 31, 2021 | 905.40 Mn |
| Mar 31, 2021 | -4.50 Mn |
| Dec 31, 2020 | -37.70 Mn |
| Sep 30, 2020 | 300,000.00 |
| Jun 30, 2020 | -12.90 Mn |
| Mar 31, 2020 | -9.50 Mn |