TechnipFMC Historical Income Statement
0RMV Stock | 29.66 0.06 0.20% |
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.
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.
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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
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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of TechnipFMC PLC minus its cost of goods sold. It is profit before TechnipFMC PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on TechnipFMC PLC income statement and is an important metric when analyzing TechnipFMC PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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 Income | 10.4M | 28M | 25.2M | 23.9M | Tax Provision | 276.3M | 153.4M | 138.1M | 222.3M |
TechnipFMC PLC income statement Correlations
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TechnipFMC PLC Account Relationship Matchups
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TechnipFMC PLC income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 368.2M | 410.9M | 276.3M | 153.4M | 138.1M | 222.3M | |
Interest Income | 145M | 33.9M | 10.4M | 28M | 25.2M | 23.9M | |
Selling General Administrative | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 1.1B | |
Total Revenue | 15.1B | 12.6B | 13.4B | 13.1B | 15.0B | 13.9B | |
Gross Profit | 2.5B | 2.3B | 2.5B | 1.8B | 2.1B | 2.3B | |
Operating Income | 965.2M | (917.6M) | (1.5B) | (2.9B) | (2.6B) | (2.5B) | |
Cost Of Revenue | 12.5B | 10.3B | 11.0B | 11.2B | 12.9B | 11.6B | |
Income Before Tax | 679.7M | (1.5B) | (2.1B) | (3.1B) | (2.8B) | (2.6B) | |
Net Income Applicable To Common Shares | 113.3M | (1.9B) | (2.4B) | (3.3B) | (3.0B) | (2.8B) | |
Net Income | 113.3M | (1.9B) | (2.4B) | (3.3B) | (3.0B) | (2.8B) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.