Cash flow Technip Energies N.V.

Equities

TE

NL0014559478

Oil Related Services and Equipment

Market Closed - Euronext Paris Other stock markets 16:35:12 13/09/2024 BST			5-day change	1st Jan Change
21.36 ^EUR	+3.49%		+3.89%	+0.95%

08-27	Technip Energies: FEED contract for the H2Teesside project	CF
08-27	Technip Energies Secures Design Contract for BP's H2Teesside Project	MT

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Published financial data: TECHNIP ENERGIES N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	5.77B	5.75B	6.43B	6.28B	6B
Total Revenues	5.77B	5.75B	6.43B	6.28B	6B
Cost of Goods Sold, Total	4.52B	4.73B	5.52B	5.4B	5.08B
Gross Profit	1.25B	1.01B	912M	884M	923M
Selling General & Admin Expenses, Total	409M	365M	302M	329M	384M
R&D Expenses	42M	38.1M	38.6M	49.5M	62.2M
Other Operating Expenses	-	-	-9M	-8.1M	2.1M
Other Operating Expenses, Total	451M	404M	331M	370M	448M
Operating Income	799M	611M	581M	514M	475M
Interest Expense, Total	-1.6M	-3.8M	-19.4M	-22.5M	-18.3M
Interest And Investment Income	65.2M	24.5M	13.8M	41.5M	117M
Net Interest Expenses	63.6M	20.7M	-5.6M	19M	98.5M
Income (Loss) On Equity Invest.	2.9M	4M	33.1M	78.1M	-27.9M
Currency Exchange Gains (Loss)	-13.2M	-1.6M	4.9M	-9.3M	7.4M
Other Non Operating Income (Expenses)	-417M	-203M	-189M	-158M	-7.2M
EBT, Excl. Unusual Items	436M	430M	424M	444M	546M
Restructuring Charges	-	-	-3.4M	11.1M	-18.6M
Merger & Related Restructuring Charges	-15.2M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-6M	-100K	-22.3M
Gain (Loss) On Sale Of Assets	-800K	-700K	900K	-700K	500K
Asset Writedown	-3.4M	-9M	-100K	-12.7M	-400K
Legal Settlements	-3.8M	-	-	-	-16.2M
Other Unusual Items	-74.2M	-87.3M	-28.3M	-	-
EBT, Incl. Unusual Items	338M	334M	387M	442M	489M
Income Tax Expense	185M	113M	127M	128M	146M
Earnings From Continuing Operations	153M	220M	261M	314M	344M
Net Income to Company	153M	220M	261M	314M	344M
Minority Interest	-6.9M	-13.3M	-16M	-13.5M	-46.8M
Net Income - (IS)	146M	207M	245M	301M	297M
Net Income to Common Incl Extra Items	146M	207M	245M	301M	297M
Net Income to Common Excl. Extra Items	146M	207M	245M	301M	297M
Per Share Items
Net EPS - Basic	-	1.15	1.37	1.72	1.69
Basic EPS - Continuing Operations	-	1.15	1.37	1.72	1.69
Basic Weighted Average Shares Outstanding	-	180M	179M	175M	176M
Net EPS - Diluted	-	1.15	1.36	1.68	1.64
Diluted EPS - Continuing Operations	-	1.15	1.36	1.68	1.64
Diluted Weighted Average Shares Outstanding	-	180M	180M	179M	180M
Normalized Basic EPS	-	1.42	1.4	1.51	1.68
Normalized Diluted EPS	-	1.42	1.38	1.48	1.63
Dividend Per Share	-	-	0.45	0.52	0.57
Payout Ratio	-	0.24	-	26.27	30.73
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	835M	625M	614M	560M	499M
EBITA	818M	625M	594M	538M	480M
EBIT	799M	611M	581M	514M	475M
EBITDAR	834M	624M	614M	562M	502M
Effective Tax Rate - (Ratio)	54.73	34	32.71	28.88	29.75
Total Current Taxes	334M	82.6M	157M	91.6M	152M
Total Deferred Taxes	-148M	30.8M	-30.6M	36M	-6.4M
Normalized Net Income	265M	256M	249M	264M	295M
Interest on Long-Term Debt	10.4M	8.4M	5.8M	4.6M	4.3M
Non-Cash Pension Expense	1.9M	1.5M	2M	0	4.9M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	42M	38.1M	38.6M	49.5M	62.2M
Net Rental Expense, Total	-400K	-1.5M	-200K	1.8M	3.8M
Imputed Operating Lease Interest Expense	-4.82K	-46.44K	-31.33K	292K	531K
Imputed Operating Lease Depreciation	-395K	-1.45M	-169K	1.51M	3.27M
Stock-Based Comp., Other (Total)	26.8M	25M	17.3M	16.7M	20.1M
Total Stock-Based Compensation	26.8M	25M	17.3M	16.7M	20.1M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.56B	3.19B	3.64B	3.48B	3.37B
Total Cash And Short Term Investments	3.56B	3.19B	3.64B	3.48B	3.37B
Accounts Receivable, Total	1.33B	1.4B	1.37B	1.63B	1.61B
Other Receivables	292M	367M	288M	349M	354M
Notes Receivable	1.1M	56.6M	-	-	-
Total Receivables	1.63B	1.82B	1.66B	1.98B	1.97B
Prepaid Expenses	27.7M	27.4M	39.1M	44.1M	54.9M
Other Current Assets, Total	201M	147M	185M	314M	338M
Total Current Assets	5.42B	5.18B	5.52B	5.81B	5.73B
Gross Property Plant And Equipment	645M	487M	707M	704M	716M
Accumulated Depreciation	-304M	-207M	-341M	-380M	-398M
Net Property Plant And Equipment	342M	280M	366M	324M	317M
Long-term Investments	100M	100M	136M	200M	258M
Goodwill	2.2B	2.05B	2.07B	2.1B	2.09B
Other Intangibles, Total	114M	106M	97.8M	108M	123M
Accounts Receivable Long-Term	-	-	2.1M	1.9M	2M
Deferred Tax Assets Long-Term	206M	151M	178M	141M	137M
Other Long-Term Assets, Total	1.4M	5.5M	3.1M	6.2M	5.4M
Total Assets	8.38B	7.87B	8.38B	8.69B	8.67B
Liabilities
Accounts Payable, Total	1.22B	1.33B	1.5B	1.66B	1.51B
Accrued Expenses, Total	388M	381M	497M	506M	472M
Short-term Borrowings	588M	406M	80M	79.9M	79.8M
Current Portion of Long-Term Debt	115M	116M	118M	146M	60.1M
Current Portion of Leases	68.3M	42M	68.9M	72.1M	71.9M
Current Income Taxes Payable	130M	35.8M	80.8M	68.4M	85M
Unearned Revenue Current, Total	3.21B	3.03B	3.21B	3.15B	3.01B
Other Current Liabilities	252M	215M	228M	246M	284M
Total Current Liabilities	5.97B	5.55B	5.78B	5.94B	5.57B
Long-Term Debt	124M	85.3M	626M	595M	637M
Long-Term Leases	216M	202M	237M	195M	160M
Unearned Revenue Non Current	3.2M	3.6M	1.8M	7M	3.1M
Pension & Other Post Retirement Benefits	134M	124M	128M	101M	115M
Deferred Tax Liability Non Current	15.2M	24M	13M	22.7M	14.5M
Other Non Current Liabilities	133M	54.6M	90.7M	99.3M	214M
Total Liabilities	6.6B	6.05B	6.87B	6.96B	6.72B
Common Stock, Total	1.86B	1.99B	657M	888M	1.07B
Additional Paid In Capital	-	-	942M	942M	971M
Treasury Stock	-	-	-22.5M	-64.2M	-53.6M
Comprehensive Income and Other	-62.6M	-184M	-99.8M	-58.6M	-87.7M
Total Common Equity	1.79B	1.81B	1.48B	1.71B	1.89B
Minority Interest	-10M	16M	30.2M	29.7M	56.4M
Total Equity	1.78B	1.83B	1.51B	1.74B	1.95B
Total Liabilities And Equity	8.38B	7.87B	8.38B	8.69B	8.67B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	180M	178M	174M	177M
ECS Total Common Shares Outstanding	-	180M	178M	174M	177M
Book Value / Share	-	10.06	8.3	9.79	10.7
Tangible Book Value	-519M	-344M	-696M	-498M	-322M
Tangible Book Value Per Share	-	-1.91	-3.91	-2.86	-1.82
Total Debt	1.11B	851M	1.13B	1.09B	1.01B
Net Debt	-2.45B	-2.34B	-2.51B	-2.39B	-2.36B
Debt Equivalent of Unfunded Proj. Benefit Obligation	133M	123M	138M	110M	125M
Debt Equivalent Oper. Leases	-3.2M	-12M	-1.6M	14.4M	30.4M
Minority Interest, Total (Incl. Fin. Div)	-10M	16M	30.2M	29.7M	56.4M
Equity Method Investments, Total	53.1M	39.8M	75.4M	106M	100M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	110M	94.7M	99.8M	103M	107M
Machinery, Total	179M	174M	171M	158M	149M
Full Time Employees	14.77K	14.95K	15.59K	12.64K	13.53K
Accumulated Allowance for Doubtful Accounts (Supple)	42.1M	56M	151M	141M	142M
Order Backlog	13.68B	11.49B	15.92B	12.49B	15.68B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	146M	207M	245M	301M	297M
Depreciation & Amortization - CF	116M	104M	94.3M	91.5M	81.7M
Amortization of Goodwill and Intangible Assets - (CF)	18.6M	14.8M	13.5M	24.1M	4.5M
Depreciation & Amortization, Total	134M	118M	108M	116M	86.2M
Amortization of Deferred Charges, Total - (CF)	500K	3M	9.1M	12.2M	8.5M
(Gain) Loss on Sale of Investments - (CF)	-	-	6M	100K	10.1M
Asset Writedown & Restructuring Costs	3.4M	9M	100K	12.7M	400K
(Income) Loss On Equity Investments - (CF)	100K	100K	-33.1M	-25.3M	85.8M
Stock-Based Compensation (CF)	-	-	-	-	20.1M
Other Operating Activities, Total	588M	596M	207M	199M	229M
Change In Accounts Receivable	44.1M	-176M	74.9M	-229M	-58M
Change In Inventories	3.3M	-4M	100K	-4.7M	-6.9M
Change In Accounts Payable	73.4M	223M	118M	152M	-19M
Change in Unearned Revenues	152M	-4.2M	151M	-174M	-182M
Change In Income Taxes	38.7M	400K	-	-	-
Change in Other Net Operating Assets	-178M	-136M	48.3M	-175M	-91.6M
Cash from Operations	1.01B	837M	934M	184M	379M
Capital Expenditure	-37.2M	-31.3M	-49.6M	-46.7M	-48.4M
Sale of Property, Plant, and Equipment	400K	400K	200K	-	-
Cash Acquisitions	-	-	-2M	-	-14.9M
Divestitures	-	-	-	-	-30.5M
Investment in Marketable and Equity Securities, Total	-	-21.1M	-1.6M	-11.5M	-14.8M
Other Investing Activities, Total	-	-	-	600K	600K
Cash from Investing	-36.8M	-52M	-53M	-57.6M	-108M
Short Term Debt Issued, Total	-	6.5M	54.7M	-	-
Long-Term Debt Issued, Total	-	-	588M	32.9M	-
Total Debt Issued	-	6.5M	643M	32.9M	-
Short Term Debt Repaid, Total	-87.8M	-244M	-313M	-	-
Long-Term Debt Repaid, Total	-620M	-302M	-326M	-285M	-172M
Total Debt Repaid	-708M	-546M	-639M	-285M	-172M
Issuance of Common Stock	-	-	-	-	29.8M
Repurchase of Common Stock	-	-	-20M	-53.5M	-
Common Dividends Paid	-	-500K	-	-79M	-91.2M
Common & Preferred Stock Dividends Paid	-	-500K	-	-79M	-91.2M
Other Financing Activities, Total	-413M	-776M	-542M	-12M	-85.8M
Cash from Financing	-1.12B	-1.32B	-559M	-396M	-319M
Foreign Exchange Rate Adjustments	45.1M	157M	126M	108M	-58.2M
Net Change in Cash	-106M	-374M	449M	-161M	-106M
Supplemental Items
Cash Interest Paid	16M	9.6M	10.7M	-	-
Cash Income Tax Paid (Refund)	214M	177M	116M	129M	80.5M
Levered Free Cash Flow	705M	146M	1.07B	78.45M	47.52M
Unlevered Free Cash Flow	706M	149M	1.08B	92.51M	58.96M
Change In Net Working Capital	-82M	348M	-631M	327M	304M
Net Debt Issued / Repaid	-708M	-539M	3.3M	-252M	-172M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	6.06	4.7	4.47	3.76	3.42
Return on Total Capital	17.76	13.69	13.67	11.77	10.28
Return On Equity %	8.75	12.19	15.64	19.38	18.64
Return on Common Equity	8.34	11.48	14.89	18.89	16.48
Margin Analysis
Gross Profit Margin %	21.68	17.64	14.18	14.08	15.38
SG&A Margin	7.1	6.36	4.69	5.23	6.39
EBITDA Margin %	14.47	10.88	9.54	8.92	8.3
EBITA Margin %	14.18	10.88	9.24	8.57	7.99
EBIT Margin %	13.86	10.62	9.03	8.18	7.92
Income From Continuing Operations Margin %	2.66	3.83	4.05	5	5.72
Net Income Margin %	2.54	3.6	3.8	4.79	4.94
Net Avail. For Common Margin %	2.54	3.6	3.8	4.79	4.94
Normalized Net Income Margin	4.6	4.45	3.87	4.2	4.91
Levered Free Cash Flow Margin	12.22	2.55	16.58	1.25	0.79
Unlevered Free Cash Flow Margin	12.24	2.59	16.77	1.47	0.98
Asset Turnover
Asset Turnover	0.7	0.71	0.79	0.74	0.69
Fixed Assets Turnover	25.45	18.49	19.9	18.18	18.71
Receivables Turnover (Average Receivables)	4.24	4.21	4.65	4.19	3.7
Short Term Liquidity
Current Ratio	0.91	0.93	0.96	0.98	1.03
Quick Ratio	0.87	0.89	0.92	0.92	0.96
Operating Cash Flow to Current Liabilities	0.17	0.15	0.16	0.03	0.07
Days Sales Outstanding (Average Receivables)	86.13	86.87	78.47	87.17	98.65
Average Days Payable Outstanding	98.02	98.66	93.54	106.83	113.85
Long Term Solvency
Total Debt/Equity	62.32	46.63	75.01	62.65	51.74
Total Debt / Total Capital	38.39	31.8	42.86	38.52	34.1
LT Debt/Equity	19.09	15.75	57.32	45.52	40.88
Long-Term Debt / Total Capital	11.76	10.74	32.75	27.99	26.94
Total Liabilities / Total Assets	78.71	76.81	82.02	80.02	77.49
EBIT / Interest Expense	499.56	160.68	29.94	22.85	25.97
EBITDA / Interest Expense	583.56	191.84	35.5	27.99	30.68
(EBITDA - Capex) / Interest Expense	560.31	183.61	32.94	25.91	28.04
Total Debt / EBITDA	1.19	1.17	1.64	1.73	1.8
Net Debt / EBITDA	-2.63	-3.21	-3.64	-3.79	-4.21
Total Debt / (EBITDA - Capex)	1.24	1.22	1.77	1.87	1.97
Net Debt / (EBITDA - Capex)	-2.73	-3.35	-3.93	-4.1	-4.6
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.52	-0.35	11.92	-2.35	-4.44
Gross Profit, 1 Yr. Growth %