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Side-by-side financial comparison of TechnipFMC plc (FTI) and Packaging Corporation of America (PKG). Click either name above to swap in a different company.

TechnipFMC plc is the larger business by last-quarter revenue ($2.5B vs $2.4B, roughly 1.1× Packaging Corporation of America). TechnipFMC plc runs the higher net margin — 9.6% vs 7.2%, a 2.4% gap on every dollar of revenue. On growth, Packaging Corporation of America posted the faster year-over-year revenue change (10.6% vs 6.3%). Over the past eight quarters, TechnipFMC plc's revenue compounded faster (11.0% CAGR vs 6.8%).

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois. The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.

FTI vs PKG — Head-to-Head

Bigger by revenue
FTI
FTI
1.1× larger
FTI
$2.5B
$2.4B
PKG
Growing faster (revenue YoY)
PKG
PKG
+4.3% gap
PKG
10.6%
6.3%
FTI
Higher net margin
FTI
FTI
2.4% more per $
FTI
9.6%
7.2%
PKG
Faster 2-yr revenue CAGR
FTI
FTI
Annualised
FTI
11.0%
6.8%
PKG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FTI
FTI
PKG
PKG
Revenue
$2.5B
$2.4B
Net Profit
$242.7M
$170.9M
Gross Margin
19.1%
Operating Margin
12.6%
10.6%
Net Margin
9.6%
7.2%
Revenue YoY
6.3%
10.6%
Net Profit YoY
8.0%
-16.1%
EPS (diluted)
$0.58
$1.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FTI
FTI
PKG
PKG
Q1 26
$2.4B
Q4 25
$2.5B
$2.4B
Q3 25
$2.6B
$2.3B
Q2 25
$2.5B
$2.2B
Q1 25
$2.2B
$2.1B
Q4 24
$2.4B
$2.1B
Q3 24
$2.3B
$2.2B
Q2 24
$2.3B
$2.1B
Net Profit
FTI
FTI
PKG
PKG
Q1 26
$170.9M
Q4 25
$242.7M
$101.9M
Q3 25
$309.7M
$226.9M
Q2 25
$269.5M
$241.5M
Q1 25
$142.0M
$203.8M
Q4 24
$224.7M
$221.2M
Q3 24
$274.6M
$238.1M
Q2 24
$186.5M
$198.9M
Gross Margin
FTI
FTI
PKG
PKG
Q1 26
19.1%
Q4 25
18.9%
Q3 25
21.8%
Q2 25
23.1%
22.2%
Q1 25
20.5%
21.2%
Q4 24
21.9%
Q3 24
23.1%
Q2 24
21.2%
21.1%
Operating Margin
FTI
FTI
PKG
PKG
Q1 26
10.6%
Q4 25
12.6%
7.1%
Q3 25
16.5%
14.0%
Q2 25
15.9%
15.4%
Q1 25
12.5%
13.1%
Q4 24
11.3%
14.1%
Q3 24
13.7%
15.0%
Q2 24
13.3%
13.3%
Net Margin
FTI
FTI
PKG
PKG
Q1 26
7.2%
Q4 25
9.6%
4.3%
Q3 25
11.7%
9.8%
Q2 25
10.6%
11.1%
Q1 25
6.4%
9.5%
Q4 24
9.5%
10.3%
Q3 24
11.7%
10.9%
Q2 24
8.0%
9.6%
EPS (diluted)
FTI
FTI
PKG
PKG
Q1 26
$1.91
Q4 25
$0.58
$1.14
Q3 25
$0.75
$2.51
Q2 25
$0.64
$2.67
Q1 25
$0.33
$2.26
Q4 24
$0.51
$2.45
Q3 24
$0.63
$2.64
Q2 24
$0.42
$2.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FTI
FTI
PKG
PKG
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
$430.0M
Stockholders' EquityBook value
$3.4B
Total Assets
$10.1B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$1.0B
$529.0M
Q3 25
$876.6M
$634.0M
Q2 25
$950.0M
$787.9M
Q1 25
$1.2B
$751.7M
Q4 24
$1.2B
$685.0M
Q3 24
$676.6M
Q2 24
$613.6M
Total Debt
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$430.0M
$4.0B
Q3 25
$438.0M
$4.0B
Q2 25
$696.3M
Q1 25
$904.9M
Q4 24
$885.2M
$2.5B
Q3 24
$966.7M
$2.5B
Q2 24
$968.4M
Stockholders' Equity
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$3.4B
$4.6B
Q3 25
$3.3B
$4.8B
Q2 25
$3.3B
$4.6B
Q1 25
$3.1B
$4.5B
Q4 24
$3.1B
$4.4B
Q3 24
$3.3B
$4.3B
Q2 24
$3.0B
$4.1B
Total Assets
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$10.1B
$10.7B
Q3 25
$10.3B
$11.0B
Q2 25
$10.1B
$9.0B
Q1 25
$10.0B
$9.0B
Q4 24
$9.9B
$8.8B
Q3 24
$9.7B
$8.8B
Q2 24
$9.2B
$9.0B
Debt / Equity
FTI
FTI
PKG
PKG
Q1 26
Q4 25
0.13×
0.87×
Q3 25
0.13×
0.84×
Q2 25
0.21×
Q1 25
0.29×
Q4 24
0.29×
0.57×
Q3 24
0.30×
0.58×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FTI
FTI
PKG
PKG
Operating Cash FlowLast quarter
$453.6M
Free Cash FlowOCF − Capex
$359.1M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$453.6M
$446.6M
Q3 25
$525.1M
$472.2M
Q2 25
$344.2M
$299.6M
Q1 25
$441.7M
$339.1M
Q4 24
$578.9M
$325.4M
Q3 24
$277.9M
$327.1M
Q2 24
$230.9M
$278.3M
Free Cash Flow
FTI
FTI
PKG
PKG
Q1 26
Q4 25
$359.1M
$127.6M
Q3 25
$447.8M
$280.1M
Q2 25
$260.6M
$129.9M
Q1 25
$379.9M
$191.0M
Q4 24
$452.7M
$124.1M
Q3 24
$225.3M
$180.4M
Q2 24
$180.1M
$33.3M
FCF Margin
FTI
FTI
PKG
PKG
Q1 26
Q4 25
14.3%
5.4%
Q3 25
16.9%
12.1%
Q2 25
10.3%
6.0%
Q1 25
17.0%
8.9%
Q4 24
19.1%
5.8%
Q3 24
9.6%
8.3%
Q2 24
7.7%
1.6%
Capex Intensity
FTI
FTI
PKG
PKG
Q1 26
Q4 25
3.8%
13.5%
Q3 25
2.9%
8.3%
Q2 25
3.3%
7.8%
Q1 25
2.8%
6.9%
Q4 24
5.3%
9.4%
Q3 24
2.2%
6.7%
Q2 24
2.2%
11.8%
Cash Conversion
FTI
FTI
PKG
PKG
Q1 26
Q4 25
1.87×
4.38×
Q3 25
1.70×
2.08×
Q2 25
1.28×
1.24×
Q1 25
3.11×
1.66×
Q4 24
2.58×
1.47×
Q3 24
1.01×
1.37×
Q2 24
1.24×
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FTI
FTI

Services$1.3B52%
Products$1.1B44%
Other$55.1M2%
Surface Technologies$22.4M1%

PKG
PKG

Segment breakdown not available.

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