TechnipFMC PLC (FTI)
Interest coverage
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,029,300 | 589,400 | 199,600 | 78,600 | -104,600 |
| Interest expense | US$ in thousands | 97,400 | 122,200 | 138,700 | 157,300 | 134,100 |
| Interest coverage | 10.57 | 4.82 | 1.44 | 0.50 | -0.78 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,029,300K ÷ $97,400K
= 10.57