Mcdermott International Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	9,584	8,212	7,747	6,246
Revenue Growth (YoY)	23.71%	6.00%	24.03%	-
Cost of Revenue	9,187	8,060	7,728	6,141
Gross Profit	397	152	19	105
Selling, General & Admin	209	179	288	247
Research & Development	4	6	7	9
Amortization of Goodwill & Intangibles	57	57	59	72
Operating Expenses	270	242	354	328
Operating Income	127	-90	-335	-223
Interest Expense	-200	-222	-186	-154
Earnings From Equity Investments	34	12	31	6
Other Non Operating Income (Expenses)	48	42	-16	9
EBT Excluding Unusual Items	-110	-258	-506	-362
Merger & Restructuring Charges	-9	-33	-54	-
Gain (Loss) on Sale of Investments	-	-	-	13
Gain (Loss) on Sale of Assets	2	-5	-1	224
Asset Writedown	-	-9	-9	-9
Pretax Income	-117	-305	-568	-134
Income Tax Expense	86	97	115	102
Earnings From Continuing Operations	-203	-402	-683	-236
Earnings From Discontinued Operations	309	276	-	-
Net Income to Company	106	-126	-683	-236
Minority Interest in Earnings	3	11	-	2
Net Income	109	-115	-683	-234
Preferred Dividends & Other Adjustments	-49	-	64	48
Net Income to Common	158	-115	-747	-282
Shares Outstanding (Basic)	28	28	655	-
Shares Outstanding (Diluted)	28	28	655	-
Shares Change (YoY)	-95.65%	-95.66%	-	-
EPS (Basic)	5.54	-4.05	-1.14	-
EPS (Diluted)	5.54	-4.05	-1.14	-
Free Cash Flow	154	136	-165	-394
Free Cash Flow Per Share	5.40	4.79	-0.25	-
Gross Margin	4.14%	1.85%	0.24%	1.68%
Operating Margin	1.32%	-1.10%	-4.32%	-3.57%
Profit Margin	1.65%	-1.40%	-9.64%	-4.52%
Free Cash Flow Margin	1.61%	1.66%	-2.13%	-6.31%
EBITDA	256	37	-187	-81
EBITDA Margin	2.67%	0.45%	-2.41%	-1.30%
D&A For EBITDA	129	127	148	142
EBIT	127	-90	-335	-223
EBIT Margin	1.32%	-1.10%	-4.32%	-3.57%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.