FINANCIAL MODEL

Technip Energies N.V.

TEN · all figures in $M unless noted

burgundy figures open the exact filing page they were verified against · green figures are computed — click for the formula

	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Income Statement
Revenue	5,769	5,748	6,434	6,282	6,004	6,719	7,204
Cost of Goods Sold	4,518	4,734	5,521	5,398	5,080	5,801	6,240
Gross Profit
SG&A	407	364	301	327	380	392	383
R&D	42	38	39	50	62	73	64
EBITDA
D&A	135	121	117	128	95	111	122
EBIT (Operating Income)	673	518	589	582	424	468	434
Interest Expense	14	12	19	22	18	21	18
Pre-Tax Income	338	334	387	442	489	582	518
Tax Expense	185	113	127	128	146	172	151
Net Income	146	207	245	301	297	391	364
Diluted EPS	0.81	1.15	1.36	1.68	1.64	2.17	2.04
Diluted Shares (M)	179.8	179.8	180.3	178.8	180.5	180.4	178.5
Balance Sheet
Total Cash & Equivalents	3,564	3,190	3,639	3,477	3,371	3,847	3,644
Short-term Debt	0	402	89	124	124	94	310
Long-term Debt	0	0	594	595	637	638	678
Total Debt
Net Debt
Total Current Assets		5,184	5,521	5,815	5,733	6,177	6,283
Total Current Liabilities		5,554	5,776	5,936	5,574	5,907	6,329
Total Assets		7,874	8,379	8,692	8,670	9,241	9,802
Total Liabilities		6,048	6,873	6,956	6,718	7,126	7,533
Shareholders' Equity	1,794	1,810	1,476	1,707	1,895	2,081	2,234
Minority Interest	10	16	30	30	56	34	35
Intangibles & Goodwill		2,048	2,074	2,096	2,093	2,118	2,241
PP&E		96	115	103	117	166	272
Receivables		1,059	1,038	1,287	1,215	1,097	1,399
Payables		1,259	1,497	1,663	1,507	1,517	1,402
Inventory
Retained Earnings	1,857	1,994	655	886	1,064	1,342	1,547
Cash Flow
Cash from Operations	1,006	837	934	184	379	845	661
Capital Expenditures	37	31	50	47	48	85	89
Free Cash Flow
Stock-Based Compensation	27	25	17	17	27	18	17
Dividends Paid		0		79	91	102	150
Share Repurchases			20	54	0	100	45