TechnipFMC Historical Income Statement

0RMV Stock   29.71  0.57  1.96%   
Historical analysis of TechnipFMC PLC income statement accounts such as Interest Income of 23.9 M, Interest Expense of 0.0 or Selling General Administrative of 1.1 B can show how well TechnipFMC PLC performed in making a profits. Evaluating TechnipFMC PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TechnipFMC PLC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining TechnipFMC PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TechnipFMC PLC is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.

About TechnipFMC Income Statement Analysis

TechnipFMC PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TechnipFMC PLC shareholders. The income statement also shows TechnipFMC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

TechnipFMC PLC Income Statement Chart

At this time, TechnipFMC PLC's Tax Provision is comparatively stable compared to the past year. Gross Profit is likely to gain to about 2.3 B in 2024, whereas Interest Income is likely to drop slightly above 23.9 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Revenue

Total revenue comprises all receipts TechnipFMC PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on TechnipFMC PLC income statement and represents the costs associated with goods and services TechnipFMC PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from TechnipFMC PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TechnipFMC PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.At this time, TechnipFMC PLC's Tax Provision is comparatively stable compared to the past year. Gross Profit is likely to gain to about 2.3 B in 2024, whereas Interest Income is likely to drop slightly above 23.9 M in 2024.
 2019 2020 2023 2024 (projected)
Interest Income10.4M28M25.2M23.9M
Tax Provision276.3M153.4M138.1M222.3M

TechnipFMC PLC income statement Correlations

TechnipFMC PLC Account Relationship Matchups

TechnipFMC PLC income statement Accounts

201920202021202220232024 (projected)
Tax Provision368.2M410.9M276.3M153.4M138.1M222.3M
Interest Income145M33.9M10.4M28M25.2M23.9M
Selling General Administrative1.1B1.1B1.2B1.1B1.2B1.1B
Total Revenue15.1B12.6B13.4B13.1B15.0B13.9B
Gross Profit2.5B2.3B2.5B1.8B2.1B2.3B
Operating Income965.2M(917.6M)(1.5B)(2.9B)(2.6B)(2.5B)
Cost Of Revenue12.5B10.3B11.0B11.2B12.9B11.6B
Income Before Tax679.7M(1.5B)(2.1B)(3.1B)(2.8B)(2.6B)
Net Income Applicable To Common Shares113.3M(1.9B)(2.4B)(3.3B)(3.0B)(2.8B)
Net Income113.3M(1.9B)(2.4B)(3.3B)(3.0B)(2.8B)

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Additional Tools for TechnipFMC Stock Analysis

When running TechnipFMC PLC's price analysis, check to measure TechnipFMC PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TechnipFMC PLC is operating at the current time. Most of TechnipFMC PLC's value examination focuses on studying past and present price action to predict the probability of TechnipFMC PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechnipFMC PLC's price. Additionally, you may evaluate how the addition of TechnipFMC PLC to your portfolios can decrease your overall portfolio volatility.