TechnipFMC (FTI)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
Research Workspace
Put FTI beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Equipment & Services is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 10% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 20%.
View QualityManagement screens strong on capital allocation, earnings delivery, margins, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskHealthy across the board
FTI's growth depends on achieving $10 billion in Subsea orders for 2026. Revenue grew 9% year over year, and the last quarter beat expectations. It trades at 27× P/E versus a peer median of 31×. The price reflects less growth than forecasted, indicating modest expectations. A specific risk is the flattening backlog, which could hinder order achievement. Peer multiples imply a price about 10% below where it trades. Our read remains intact.
Trailing returns as of 2026-09-04. FTI is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 21 analysts currently covering FTI (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare FTI with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| FTI Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Equipment & Services — fair value, gap to price, and forward P/E.
Compare the value case
Put FTI next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Achieve $10 billion in Subsea orders in 2026
Flattening backlog may hinder achieving $10 billion in orders.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Achieve $10 billion in Subsea orders in 2026
Subsea 2.0 delivery supports growth in Subsea orders.

Advances: Achieve $10 billion in Subsea orders in 2026
Targets $10B in Subsea orders aligns with growth objective.

Advances: Achieve $10 billion in Subsea orders in 2026
Strong Q2 results support $10 billion Subsea orders goal.
Advances: Improve capital efficiency and free cash flow conversion
Upgrade indicates improved financial health and capital efficiency.
Advances: Achieve $10 billion in Subsea orders in 2026
Partnership enhances growth potential in renewable energy.

Advances: Increase revenue growth
Strong Q3 results support revenue growth outlook.
Advances: Increase revenue growth
Positive analyst sentiment indicates growth potential.