NYSE$FTI
TechnipFMC Plc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
TechnipFMC reported mixed results for Q4 2020, with revenue declining but adjusted EPS increasing, while also completing the separation of Technip Energies.
TechnipFMC's Q4 2020 results showed a decrease in revenue compared to the previous year, but an increase in adjusted earnings per share. The company successfully completed the spin-off of Technip Energies and achieved cost savings ahead of schedule. The company anticipates Brazil will be the most active region of the world for new project orders.
- U.S. GAAP diluted loss per share was $0.09.
- Adjusted diluted earnings per share, excluding charges and credits, was $0.05.
- Total Company inbound orders of $10.1 billion; Subsea orders of $4 billion
- Resilient backlog of $21.4 billion; Subsea backlog of $6.9 billion
Headline financials
Revenue & EPS history
TechnipFMC · Revenue · Quarterly
$3.43B
Revenue by segment
TechnipFMC · $1.6B total across 2 segments · Q4 2020
- Subsea$1.34B-10.0%83.6%
- Surface Technologies$262M-35.6%16.4%
Forward guidance
TechnipFMC provided full-year financial guidance for 2021, excluding the impact of Technip Energies.
Tailwinds
- Subsea revenue in a range of $5.0 - 5.4 billion
- Subsea EBITDA margin in a range of 10 - 11%
- Surface Technologies revenue in a range of $1,050 - 1,250 million
- Surface Technologies EBITDA margin in a range of 8 - 11%
- Free cash flow $50 - 150 million
Headwinds
- Corporate expense, net $105 -115 million
- Net interest expense $130 - 135 million
- Tax provision, as reported $110 - 120 million
- Capital expenditures approximately $250 million
- All segment guidance assumes no further material degradation from COVID-19-related impacts.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+2.1%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+1.4%
Avg return
30 days after
69%
44 / 64 earnings
Positive
+19.0%
Q4 2020
Best reaction
-12.1%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -2.5% | -11.1% | |
| Q4 2025 | -0.8% | -2.5% | -11.1% | |
| Q3 2025 | +9.1% | +9.7% | +17.7% | |
| Q2 2025 | +1.7% | -0.5% | +13.8% | |
| Q1 2025 | +9.9% | +15.1% | +18.6% | |
| Q3 2024 | +5.2% | +3.7% | +22.5% | |
| Q2 2024 | +5.8% | +6.3% | -2.2% | |
| Q1 2024 | +3.4% | -0.4% | +0.5% | |
| Q4 2023 | +6.2% | +8.4% | +24.7% | |
| Q3 2023 | +8.4% | +8.0% | +6.9% | |
| Q2 2023 | -1.2% | -4.5% | -3.4% | |
| Q1 2023 | +6.9% | +0.3% | +8.7% | |
| Q4 2022 | +15.1% | +15.7% | -5.4% | |
| Q3 2022 | -2.5% | -0.8% | +13.3% | |
| Q2 2022 | +15.1% | +27.2% | +34.7% | |
| Q1 2022 | -0.1% | -6.7% | +13.2% | |
| Q4 2021 | +3.1% | +6.0% | +21.8% | |
| Q3 2021 | -4.5% | -0.4% | -19.9% | |
| Q2 2021 | -2.9% | -0.9% | -17.0% | |
| Q1 2021 | +12.2% | +5.0% | +23.0% | |
| Q4 2020 | +19.0% | +17.9% | +12.6% | |
| Q3 2020 | -5.7% | -16.2% | +13.5% | |
| Q2 2020 | +6.5% | +7.0% | +3.6% | |
| Q1 2020 | +2.4% | +2.0% | -4.2% | |
| Q4 2019 | +0.2% | -1.2% | -53.4% | |
| Q3 2019 | -12.1% | -11.0% | -18.2% | |
| Q2 2019 | +7.0% | +7.7% | -11.7% | |
| Q1 2019 | +0.8% | -0.8% | -11.2% | |
| Q4 2018 | -5.5% | -4.0% | -5.4% | |
| Q3 2018 | -4.1% | -8.1% | -19.7% | |
| Q2 2018 | +4.1% | +11.3% | +1.1% | |
| Q1 2018 | -3.2% | -2.9% | -0.3% | |
| Q4 2017 | +4.0% | +3.1% | +0.0% | |
| Q3 2017 | +4.8% | +6.6% | +6.2% | |
| Q2 2017 | +4.1% | +3.6% | -6.5% | |
| Q1 2017 | -6.0% | -6.4% | -9.5% | |
| Q4 2016 | +0.4% | +0.9% | -4.8% | |
| Q3 2016 | +5.5% | +4.0% | +10.0% | |
| Q2 2016 | -0.8% | -7.9% | +5.2% | |
| Q1 2016 | +5.2% | — | — | |
| Q4 2015 | +8.7% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | -9.7% | — | — | |
| Q1 2015 | +2.7% | — | — | |
| Q4 2014 | +5.2% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +3.8% | — | — | |
| Q1 2014 | +4.4% | — | — | |
| Q4 2013 | -2.1% | — | — | |
| Q3 2013 | -9.0% | — | — | |
| Q2 2013 | -2.2% | — | — | |
| Q1 2013 | +5.4% | — | — | |
| Q4 2012 | +6.6% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q2 2012 | +2.4% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2011 | -7.2% | — | — | |
| Q2 2011 | +0.9% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q2 2010 | +3.4% | — | — | |
| Q1 2010 | +1.1% | — | — |
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