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
Peer comparison
Dec 31, 2024
Company name
Symbol
Interest coverage
TechnipFMC PLC
FTI
10.57
Baker Hughes Co
BKR
13.96
Halliburton Company
HAL
5.24
Liberty Oilfield Services Inc
LBRT
5.84
Schlumberger NV
SLB
9.40