F
FTI
FTIReviewed2 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$9.1B16.1%
FY2024
Operating Segments
2Active segments
Blended Margin
12.7%Operating margin
Highest Margin
16.2%Surface Technologies
Segment Shift
Surface Technologies has grown from 24.8% to 13.9% of total revenue since FY2018, with 16.2% operating margins. Meanwhile, Subsea is the fastest growing at +21.5% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Subsea | $7.8B | $953M | 12.2% | 86.1% | +21.5% |
| Surface Technologies | $1.3B | $204M | 16.2% | 13.9% | -9.1% |
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