TechnipFMC PLC (FTI) intrinsic value & 10-year financials
TechnipFMC PLC (FTI) has a Graham intrinsic value of $66.91 per share. At $69.67 on Oct 17, 2026, the stock trades 4% above that value. Over the last 10 fiscal years revenue shrank 5.1% a year to $9.9B, with an average return on invested capital of 2.6%.
- Graham intrinsic value
- $66.91
- Share price (Oct 17, 2026)
- $69.67
- Price vs Graham value
- 4% above
- Market cap
- $29.2B
- Revenue (FY2025)
- $9.9B
- Revenue growth (10-yr CAGR)
- -5.1%
- ROIC (10-yr avg)
- 2.6%
- Free cash flow (FY2025)
- $1.4B
FTI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $9.9B | $963.9M | $2.30 | $1.4B | 14.5% | 31.1% |
| FY2024 | $9.1B | $842.9M | $1.91 | $679.4M | 12.7% | 27.9% |
| FY2023 | $7.8B | $56.2M | $0.12 | $467.8M | 8.4% | 7.9% |
| FY2022 | $6.7B | -$107.2M | -$0.24 | $194.2M | 5.6% | 8.3% |
| FY2021 | $6.4B | $13.3M | $0.03 | $589.6M | 2.9% | 2.0% |
| FY2020 | $13.1B | -$3.3B | -$7.33 | $365.1M | -19.6% | -43.4% |
| FY2019 | $13.4B | -$2.4B | -$5.39 | $394.1M | -8.5% | -13.7% |
| FY2018 | $12.6B | -$1.9B | -$4.20 | -$553.5M | -4.2% | -5.5% |
| FY2017 | $15.1B | $113.3M | $0.24 | -$45.0M | 9.0% | 11.0% |
| FY2016 | $0 | -$11.9K | $3.16 | $180.9M | — | -0.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
TechnipFMC plc revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
TechnipFMC plc has historically struggled to out-earn its cost of capital, averaging just 2.6% ROIC.
TechnipFMC plc has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, TechnipFMC plc is modeled at 12.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $66.91 per share.