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TechnipFMC FTI Lease Income

Segments

By segment

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Surface Technologies$46.9M+7.6%
Subsea$29.2M+64.0%

Other financials

Income statement

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Revenue$2.5B+11.6%
Gross profit$586.5M+18.9%
Operating income$386.1M+38.8%
Net income$260.5M+83.5%
EPS (diluted)$0.64+93.9%

Balance sheet

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Cash & equivalents$960.8M-19.0%
Total debt$1.3B-24.4%
Total equity$3.4B+9.5%
Total assets$10.1B+1.1%

Cash flow

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Operating cash flow$332.5M-24.7%
CapEx$55.6M-10.0%
Free cash flow$276.9M-27.1%

Valuation

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Market cap$25.98B+107%
Enterprise value$26.33B+102%
P/E24×+8.9×
P/S2.6×+1.2×

Profitability

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Gross margin83.5%
Operating margin1.2%
Net margin10.6%+1.7pp
FCF margin13.2%-0.2pp

Returns & leverage

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Return on equity33.6%+6.4pp
Debt / equity0.4×-0.2×
Current ratio1.1×+0.1×

Questions, answered.

What does lease income mean?
This represents the total revenue generated from leasing equipment or assets to third parties. It reflects the company's ability to monetize its capital-intensive asset base through rental agreements rather than direct sales.