For the year ending 2025-12-31, FTI had -$125,800K decrease in cash & cash equivalents over the period. $1,447,400K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 967,100 | 855,300 | 51,900 | -81,800 |
| Net loss from discontinued operations | - | 0 | 0 | -45,300 |
| Depreciation and amortization | 441,800 | 392,700 | 377,800 | 377,200 |
| Impairments | - | - | 1,700 | 4,700 |
| Employee benefit plan and share-based compensation costs | 68,800 | 76,200 | 30,800 | 33,500 |
| Deferred income tax provision (benefit), net | 36,000 | -246,100 | -54,200 | -13,000 |
| Loss from investment in technip energies | - | 0 | 0 | -27,700 |
| Unrealized loss on derivative instruments and foreign exchange | - | - | -29,600 | -54,000 |
| Derivative instruments and foreign exchange | -34,200 | 73,600 | - | - |
| Income from equity affiliates, net of dividends received | -4,000 | -28,800 | 34,200 | 31,900 |
| Gain on disposal of measurement solutions business | 0 | 71,300 | - | - |
| Loss on early extinguishment of debt | - | 0 | 0 | -29,800 |
| Other | -18,000 | -17,000 | -40,700 | 6,700 |
| Trade receivables, net and contract assets | -212,700 | 236,100 | 227,700 | 160,200 |
| Inventories, net | 23,300 | 42,000 | 91,200 | 35,000 |
| Accounts payable, trade | -229,600 | 8,200 | 62,500 | 52,100 |
| Contract liabilities | 278,400 | 362,700 | 321,000 | 164,500 |
| Income taxes (receivable) payable, net | -92,100 | 34,800 | 34,300 | -62,100 |
| Other current assets and liabilities, net | -156,000 | 226,500 | -203,300 | 40,400 |
| Other non-current assets and liabilities, net | 107,400 | -80,900 | 53,300 | 19,000 |
| Cash provided by operating activities from continuing operations | - | 961,000 | 693,000 | 352,100 |
| Cash provided by operating activities from discontinued operations | - | - | 0 | 0 |
| Cash provided by operating activities | 1,764,600 | 961,000 | 693,000 | 352,100 |
| Capital expenditures | 317,200 | 281,600 | 225,200 | 157,900 |
| Payment to acquire debt securities | - | - | - | 0 |
| Proceeds from sale of debt securities | - | - | - | 9,700 |
| Acquisitions, net of cash acquired | - | - | - | 0 |
| Proceeds from sale of assets | 12,200 | 19,200 | 84,700 | 30,200 |
| Proceeds from sales of investment in technip energies | - | 0 | 0 | 288,500 |
| Proceeds from repayment of advance to joint venture | - | - | - | 12,500 |
| Proceeds from sale of measurement solutions business | 0 | 186,100 | - | - |
| Other | -6,700 | -500 | -14,900 | 20,800 |
| Cash provided (required) by investing activities from continuing operations | - | - | -125,600 | 162,200 |
| Cash required by investing activities from discontinued operations | - | - | 0 | 0 |
| Cash required by investing activities | -298,300 | -75,800 | -125,600 | 162,200 |
| Repayment of debt obligations | 503,300 | 121,300 | 341,600 | 200,400 |
| Cash settlement for derivative hedging debt | - | 1,200 | 30,100 | 80,500 |
| Net decrease in commercial paper | - | - | 0 | 0 |
| Proceeds from issuance of long-term debt | - | 0 | 0 | 60,900 |
| Repayments of long-term debt | - | 0 | 0 | 451,700 |
| Payments for debt issuance cost | - | - | 16,700 | 0 |
| Share repurchases | 918,300 | 400,100 | 205,100 | 100,200 |
| Dividends paid | 82,300 | 85,900 | 43,500 | 0 |
| Acquisition of non-controlling interest | - | - | 0 | 0 |
| Payments related to taxes withheld on share-based compensation | 69,300 | 49,700 | - | - |
| Other | -47,700 | 10,200 | -19,500 | -24,800 |
| Cash required by financing activities from continuing operations | - | - | -656,500 | -796,700 |
| Cash required by financing activities from discontinued operations | - | - | 0 | 0 |
| Cash required by financing activities | -1,620,900 | -648,000 | -656,500 | -796,700 |
| Effect of changes in foreign exchange rates on cash and cash equivalents | 28,800 | -31,200 | -16,300 | 12,100 |
| Increase (decrease) in cash and cash equivalents | -125,800 | 206,000 | -105,400 | -270,300 |
| Cash and cash equivalents in the statement of cash flows, beginning of year | 1,157,700 | 951,700 | 1,057,100 | - |
| Cash and cash equivalents in the statement of cash flows, end of year | 1,031,900 | 1,157,700 | 951,700 | - |
TechnipFMC plc (FTI)
TechnipFMC plc (FTI)