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French engineering company designing and building LNG plants, petrochemical facilities and low-carbon energy projects.
French engineering company designing and building LNG plants, petrochemical facilities and low-carbon energy projects.
Earns from large engineering contracts for plants it designs and builds, paid in stages over several years as work progresses, with licensing and consulting for process technologies giving steadier income between big awards. Its order book depends on a few giant LNG awards, such as in Qatar. It was spun out of TechnipFMC in 2021.
Moat: narrow (process know-how, IP / patents, installed base). Deep technical expertise in complex LNG liquefaction technology limits qualified competitors.
Headquarters: The Hague, Netherlands · Founded: 2021 · Employees: 18,574
Size Technip Energies (TE.PA) is a France Industrials company (Engineering & Construction) with a market value of $6.83B, the 56th largest of 206 France companies the cockpit tracks. Shares closed at €34.12 on 6 Nov 2026.
Performance Over six months the shares fell 8.2%, against -12.6% for the median peer and -0.4% for the France market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 2.0% over the last twelve months (peer median +10.0%); the operating margin is 4.1% (peer median 9.9%).
Valuation It trades at 18.9× forward earnings against a peer median of 12.3× (3rd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -11 pp: the price already allows for a slowdown.
Credit Technip Energies has 2 bonds outstanding ($1.23B), rated BBB by the agencies and trading like A+ at a weighted spread of 49 bp.
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €7.43B | €7.20B | €6.72B | €6.00B | €6.28B |
| Revenue growth | — | +7% | +12% | -4% | — |
| Gross profit | €788M | €964M | €918M | €923M | €884M |
| EBITDA | €440M | €586M | €545M | €566M | €633M |
| Net income | €271M | €364M | €391M | €297M | €301M |
| Free cash flow | €997M | €572M | €761M | €355M | €138M |
| Capital expenditure | €87.1M | €89.4M | €84.6M | €48.4M | €46.7M |
| Total debt | n/a | €1.24B | €981M | €994M | €986M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Technip Energies TE.PA | $6.83B | -8% | +2% | 4% | 18.9× | -6.5% |
| Chiyoda 6366.T | $1.07B | -35% | +16% | 17% | 6.7× | n/a |
| Jgc 1963.T | $2.94B | -18% | -15% | 6% | 10.0× | n/a |
| Saipem SPM.MI | $9.38B | -9% | +2% | 4% | 27.1× | 6.9% |
| KBR KBR | $4.69B | +14% | -3% | 9% | 9.5× | -8.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TE.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +21.0% | +0.5% | 2nd highest of 21 |
| 6-month return | -8.2% | -12.6% | 9th highest of 21 |
| Distance from 52-week high | -17.9% | -31.3% | 8th highest of 21 |
| Revenue growth (TTM) | +2.0% | +10.0% | 6th lowest of 20 |
| Operating margin | 4.1% | 9.9% | 4th lowest of 21 |
| Forward P/E | 18.9× | 12.3× | 3rd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -6.5% | 1.7% | 4th least demanding of 18 |
| Growth delivered (Del g) | +4.6% | +7.9% | 4th lowest of 17 |
| Hurdle (Req g minus delivered) | -11.1 pp | -5.6 pp | 5th least demanding of 17 |
| EV / EBITDA | 7.2× | 9.6× | 2nd cheapest of 16 |
| Net debt / EBITDA | -6.7× | 0.5× | least indebted of 17 |
| Bond spread | 49 bp | 165 bp | tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Technip Energies TE.PA | France | $6.83B | -8% | +2% | 4% | 18.9× | -6.5% | +4.6% |
| China National Chemical Engineering 601117.SS | China | $6.68B | -15% | +2% | 5% | 6.4× | -17.3% | +11.6% |
| IES IESC | United States | $6.38B | +32% | +23% | 12% | 12.6× | 11.2% | +22.9% |
| Dycom Industries DY | United States | $6.26B | -52% | +38% | 8% | 12.1× | 11.6% | +11.6% |
| Fluor FLR | United States | $6.22B | +7% | -5% | -2% | 14.2× | n/a | n/a |
| Metallurgical Corporation of China 601618.SS | China | $7.54B | -10% | -21% | -4% | 11.4× | -0.5% | +2.6% |
| Sterling Infrastructure STRL | United States | $7.71B | -70% | +93% | 19% | 9.4× | 8.8% | +11.8% |
| China State Construction International 3311.HK | Hong Kong | $6.04B | -5% | -14% | 15% | 5.0× | -8.1% | +11.8% |
| Shimizu 1803.T | Japan | $8.30B | -35% | +6% | 6% | 7.8× | n/a | n/a |
| JSW Infrastructure JSWINFRA.NS | India | $8.33B | +20% | +17% | 36% | 46.8× | n/a | n/a |
| Kinden 1944.T | Japan | $5.56B | -36% | +8% | 13% | 11.6× | -0.9% | +6.2% |
| Stantec STN.TO | Canada | $8.42B | -16% | +10% | 10% | 16.0× | 3.9% | +11.5% |
| Aecom ACM | United States | $8.59B | -17% | -4% | 5% | 11.0× | 7.3% | +4.0% |
| SamsungE&A 028050.KS | South Korea | $8.73B | +14% | +19% | 11% | 13.6× | -2.1% | +6.1% |
| Balfour Beatty BBY.L | United Kingdom | $5.34B | +1% | +12% | 2% | 17.2× | 1.0% | +5.3% |
| Granite Construction GVA | United States | $5.32B | -15% | +25% | 7% | 16.7× | 10.1% | +7.2% |
| Sweco SWEC-A.ST | Sweden | $5.32B | +12% | +6% | 10% | 20.6× | 5.0% | +8.7% |
| Kandenko 1942.T | Japan | $5.26B | -41% | +4% | 12% | 11.2× | -0.9% | +5.9% |
| SOLV Energy MWH | United States | $5.19B | -40% | n/a | 8% | 14.9× | 26.2% | n/a |
| CTF Services 0659.HK | Hong Kong | $5.13B | +2% | +12% | 11% | 13.8× | 1.7% | -0.8% |
| United Integrated Services 2404.TW | Taiwan | $5.11B | -9% | +72% | 18% | 9.7× | -11.4% | +13.0% |
Technip Energies has 2 bonds outstanding with $1.23B face value. The agencies rate it BBB; its bonds trade like A+. Weighted yield 3.74%, a spread of 49 bp over government bonds.