earnings
confidence medium
sentiment positive
materiality 0.75
TechnipFMC Q4 2022: Subsea orders $1.5B, full-year orders up 36%, backlog $9.4B
TechnipFMC plc
2022-FY EPS reported
-$0.24
revenue$6,700,400,000
- Subsea inbound orders of $1.5B in Q4; full-year orders of $6.7B grew 36% versus 2021.
- Total company backlog of $9.4B, increased 22% year-over-year.
- Q4 cash flow from operations of $566M; free cash flow of $503M.
- Initiated 2023 financial guidance; updated intermediate-term outlook for 2025.