2025 Full-Year Financial Guidance1
The Company's full-year guidance for 2025 can be found in the table below.
Updates to Subsea guidance, previously issued on October 24, 2024, are as follows:
| 2025 Guidance (As of February 27, 2025) | ||||
| Subsea | Surface Technologies | |||
| Revenue in a range of $8.4 - 8.8 billion | Revenue in a range of $1.2 - 1.35 billion | |||
| Adjusted EBITDA margin in a range of 19 - 20% | Adjusted EBITDA margin in a range of 15 - 16% | |||
| TechnipFMC | ||||
| Corporate expense, net $115 - 125 million | ||||
| (excludes charges and credits) | ||||
| Net interest expense $45 - 55 million | ||||
| Effective tax rate 28 - 32% | ||||
| Capital expenditures approximately $340 million | ||||
| Free cash flow2 $850 million - 1 billion | ||||
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