NYSE : TTE
TotalEnergies SE — Financial statements
Energy · Oil & Gas Integrated · France
Last price 94.03 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 209.93B
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Financial statements
TotalEnergies SE (TTE) reported revenue of 214.40B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 214.40B | 182.34B | 195.61B | 218.94B | 263.31B | 184.63B |
| Cost of Revenue | 130.40B | 116.74B | 127.66B | 143.04B | 169.45B | 118.62B |
| Gross Profit | 84.00B | 65.60B | 67.95B | 75.90B | 93.86B | 66.01B |
| Other Operating Expenses | 36.19B | 32.95B | 31.08B | 32.48B | 33.93B | 28.23B |
| Operating Expenses | 47.56B | 45.87B | 43.28B | 44.69B | 47.45B | 41.77B |
| Operating Income | 36.44B | 19.73B | 24.66B | 31.22B | 46.41B | 24.24B |
| Interest Expense | -2.64B | -2.56B | -2.36B | -2.15B | -2.08B | -1.77B |
| Interest & Investment Income | 826.00M | 975.00M | 1.53B | 1.56B | 721.00M | 391.00M |
| Earnings From Equity Investments | 3.27B | 2.55B | 1.57B | 1.84B | -1.89B | 3.44B |
| Currency Exchange Gain (Loss) | -23.00M | -23.00M | -170.00M | -763.00M | -644.00M | -475.00M |
| Other Non Operating Income (Expenses) | 512.00M | 1.01B | 894.00M | 1.17B | 1.13B | 721.00M |
| EBT Excluding Unusual Items | 38.39B | 21.69B | 26.13B | 32.88B | 43.65B | 26.55B |
| Merger & Restructuring Charges | -288.00M | |||||
| Gain (Loss) on Sale of Assets | 1.57B | 1.57B | 1.50B | 3.06B | -369.00M | 454.00M |
| Asset Writedown | -3.41B | -810.00M | -819.00M | -1.12B | 7.00M | -759.00M |
| Pretax Income | 36.55B | 22.45B | 26.81B | 34.81B | 43.29B | 25.95B |
| Income Tax Expense | 13.85B | 9.09B | 10.78B | 13.30B | 22.24B | 9.59B |
| Earnings From Continuing Operations | 22.70B | 13.36B | 16.03B | 21.51B | 21.04B | 16.37B |
| Minority Interest in Earnings | -281.00M | -230.00M | -273.00M | -126.00M | -518.00M | -334.00M |
| Net Income | 22.42B | 13.13B | 15.76B | 21.38B | 20.53B | 16.03B |
| Net Income to Common | 22.42B | 13.13B | 15.76B | 21.38B | 20.53B | 16.03B |
| Shares Outstanding (Basic) | 2.16B | 2.19B | 2.30B | 2.42B | 2.55B | 2.63B |
| Shares Outstanding (Diluted) | 2.18B | 2.21B | 2.31B | 2.43B | 2.57B | 2.65B |
| EPS (Basic) | 10.39 | 5.99 | 6.86 | 8.85 | 8.03 | 6.09 |
| EPS (Diluted) | 10.10 | 5.78 | 6.69 | 8.67 | 7.85 | 5.92 |
| Free Cash Flow | 23.82B | 11.59B | 17.38B | 24.20B | 33.67B | 18.07B |
| Free Cash Flow Per Share | 10.92 | 5.23 | 7.51 | 9.94 | 13.09 | 6.82 |
| Dividend Per Share | 4.07 | 3.99 | 3.33 | 3.33 | 3.00 | 3.00 |
| Gross Margin | 39.18% | 35.98% | 34.73% | 34.67% | 35.65% | 35.75% |
| Operating Margin | 17.00% | 10.82% | 12.61% | 14.26% | 17.62% | 13.13% |
| Profit Margin | 10.46% | 7.20% | 8.06% | 9.77% | 7.80% | 8.68% |
| Free Cash Flow Margin | 11.11% | 6.35% | 8.89% | 11.05% | 12.79% | 9.79% |
| EBITDA | 48.62B | 32.77B | 36.95B | 43.91B | 60.09B | 37.83B |
| EBITDA Margin | 22.68% | 17.97% | 18.89% | 20.05% | 22.82% | 20.49% |
| D&A For EBITDA | 12.18B | 13.04B | 12.29B | 12.69B | 13.69B | 13.58B |
| EBIT | 36.44B | 19.73B | 24.66B | 31.22B | 46.41B | 24.24B |
| EBIT Margin | 17.00% | 10.82% | 12.61% | 14.26% | 17.62% | 13.13% |
| Effective Tax Rate | 37.90% | 40.50% | 40.20% | 38.21% | 51.38% | 36.94% |
| Revenue as Reported | 214.40B | 182.34B | 195.61B | 218.94B | 263.31B | 184.63B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 34.21B | 26.20B | 25.84B | 27.26B | 33.03B | 21.34B |
| Short-Term Investments | 3.60B | 3.01B | 6.51B | 6.17B | 8.55B | 12.14B |
| Cash & Short-Term Investments | 37.80B | 29.21B | 32.35B | 33.43B | 41.58B | 33.48B |
| Accounts Receivable | 24.71B | 18.80B | 19.66B | 23.77B | 24.57B | 22.11B |
| Other Receivables | 18.07B | 21.14B | 19.03B | 34.55B | 33.21B | |
| Receivables | 24.71B | 36.87B | 40.79B | 42.80B | 59.12B | 55.33B |
| Inventory | 26.89B | 16.66B | 18.87B | 19.32B | 22.94B | 19.95B |
| Prepaid Expenses | 2.26B | 2.48B | 1.73B | 1.46B | 1.88B | |
| Other Current Assets | 44.93B | 4.46B | 2.08B | 2.25B | 633.00M | 495.00M |
| Total Current Assets | 134.33B | 89.47B | 96.57B | 99.53B | 125.72B | 111.14B |
| Property, Plant & Equipment | 115.02B | 114.69B | 109.09B | 108.92B | 107.10B | 106.56B |
| Long-Term Investments | 53.16B | 42.46B | 37.83B | 33.72B | 30.86B | 34.30B |
| Goodwill | 12.50B | 11.27B | 9.95B | 8.65B | 8.83B | |
| Other Intangible Assets | 34.49B | 24.84B | 22.97B | 23.13B | 23.28B | 23.66B |
| Long-Term Deferred Tax Assets | 2.11B | 3.36B | 3.20B | 3.42B | 5.05B | 5.40B |
| Other Long-Term Assets | 2.82B | 1.49B | 2.38B | 2.76B | 1.36B | 1.48B |
| Total Assets | 341.93B | 291.06B | 285.49B | 283.65B | 303.86B | 293.46B |
| Accounts Payable | 47.18B | 38.06B | 39.93B | 41.34B | 41.35B | 36.84B |
| Accrued Expenses | 14.57B | 15.72B | 16.79B | 17.09B | 15.51B | |
| Short-Term Debt | 9.28B | 7.79B | 4.70B | 2.56B | 9.22B | 8.90B |
| Current Portion of Long-Term Debt | 2.86B | 2.76B | 3.89B | 5.76B | 5.33B | 5.12B |
| Current Portion of Leases | 1.94B | 1.88B | 2.10B | 1.72B | 1.44B | 1.39B |
| Other Current Liabilities | 59.71B | 27.50B | 21.62B | 20.62B | 35.35B | 27.35B |
| Total Current Liabilities | 120.96B | 92.56B | 87.96B | 88.78B | 109.78B | 95.10B |
| Long-Term Debt | 42.25B | 40.94B | 35.71B | 32.72B | 36.99B | 41.87B |
| Long-Term Leases | 6.84B | 8.05B | 7.82B | 7.76B | 8.28B | 7.64B |
| Pension & Post-Retirement Benefits | 2.01B | 2.02B | 1.75B | 1.99B | 1.83B | 2.67B |
| Long-Term Deferred Tax Liabilities | 14.18B | 12.63B | 12.11B | 11.69B | 11.02B | 10.90B |
| Other Long-Term Liabilities | 18.72B | 17.32B | 19.87B | 21.26B | 21.40B | 20.27B |
| Total Liabilities | 204.96B | 173.53B | 165.23B | 164.20B | 189.29B | 178.46B |
| Common Stock | 7.28B | 7.06B | 7.58B | 7.62B | 8.16B | 8.22B |
| Additional Paid-In Capital | 146.28B | 12.25B | 23.34B | 24.39B | 35.10B | 36.03B |
| Retained Earnings | 113.61B | 112.15B | 102.47B | 88.85B | 81.82B | |
| Treasury Stock | -6.68B | -4.00B | -9.96B | -4.02B | -7.55B | -1.67B |
| Comprehensive Income & Other | -14.18B | -14.03B | -15.26B | -13.70B | -12.84B | -12.67B |
| Total Common Equity | 132.70B | 114.88B | 117.86B | 116.75B | 111.72B | 111.74B |
| Minority Interest | 4.27B | 2.64B | 2.40B | 2.70B | 2.85B | 3.26B |
| Shareholders' Equity | 136.97B | 117.52B | 120.25B | 119.45B | 114.57B | 115.00B |
| Total Liabilities & Equity | 341.93B | 291.06B | 285.49B | 283.65B | 303.86B | 293.46B |
| Total Debt | 63.17B | 61.42B | 54.22B | 50.51B | 61.25B | 64.92B |
| Net Cash (Debt) | -25.37B | -32.21B | -21.87B | -17.09B | -19.67B | -31.44B |
| Net Cash Per Share | -11.63 | -14.54 | -9.45 | -7.02 | -7.65 | -11.87 |
| Filing Date Shares Outstanding | 2.21B | 2.14B | 2.23B | 2.35B | 2.48B | 2.61B |
| Total Common Shares Outstanding | 2.21B | 2.14B | 2.25B | 2.35B | 2.48B | 2.61B |
| Working Capital | 13.37B | -3.09B | 8.61B | 10.74B | 15.95B | 16.03B |
| Book Value Per Share | 60.13 | 53.61 | 52.42 | 49.65 | 45.01 | 42.87 |
| Tangible Book Value | 98.21B | 77.54B | 83.62B | 83.67B | 79.79B | 79.25B |
| Tangible Book Value Per Share | 44.51 | 36.18 | 37.20 | 35.58 | 32.15 | 30.40 |
| Land | 1.54B | 1.42B | 1.45B | 1.69B | 1.70B | |
| Buildings | 9.00B | 8.03B | 8.20B | 8.48B | 8.71B | |
| Machinery | 37.45B | 33.94B | 34.02B | 32.31B | 33.38B | |
| Construction In Progress | 30.12B | 25.02B | 28.99B | 24.25B | 22.09B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 22.42B | 13.13B | 15.76B | 21.38B | 20.53B | 16.03B |
| Depreciation & Amortization | 12.18B | 13.04B | 12.29B | 12.69B | 13.69B | 13.58B |
| Loss (Gain) From Sale of Assets | -1.19B | -1.57B | -1.50B | -3.45B | 369.00M | -454.00M |
| Asset Writedown & Restructuring Costs | 3.41B | 810.00M | 819.00M | 1.12B | -7.00M | 759.00M |
| Loss (Gain) on Equity Investments | -122.00M | -923.00M | 124.00M | 649.00M | 6.06B | -667.00M |
| Other Operating Activities | 3.91B | 1.58B | 998.00M | 2.19B | 5.54B | 1.77B |
| Change in Accounts Receivable | 1.41B | 1.41B | 3.88B | 306.00M | -3.27B | -6.79B |
| Change in Inventory | 2.85B | 2.85B | -203.00M | 3.16B | -3.81B | -5.90B |
| Change in Accounts Payable | -3.20B | -3.20B | -889.00M | 572.00M | 5.31B | 12.07B |
| Change in Other Net Operating Assets | -1.57B | 228.00M | -428.00M | 2.05B | 2.96B | 2.00M |
| Operating Cash Flow | 40.08B | 27.34B | 30.85B | 40.68B | 47.37B | 30.41B |
| Capital Expenditures | -16.26B | -15.76B | -13.47B | -16.48B | -13.70B | -12.34B |
| Sale of Property, Plant & Equipment | 1.30B | 1.71B | 727.00M | 3.79B | 540.00M | 770.00M |
| Cash Acquisitions | -225.00M | -2.00B | -2.44B | -1.77B | -94.00M | -321.00M |
| Divestitures | 993.00M | 855.00M | 2.17B | 3.56B | 835.00M | 269.00M |
| Sale (Purchase) of Intangibles | -1.20B | -1.20B | -1.44B | -1.24B | -1.99B | |
| Investment in Securities | -743.00M | -959.00M | -1.78B | -2.99B | -2.46B | -1.96B |
| Investing Cash Flow | -15.98B | -18.13B | -17.33B | -16.45B | -15.12B | -13.66B |
| Long-Term Debt Issued | 7.98B | 7.53B | 130.00M | 1.11B | ||
| Short-Term Debt Repaid | -4.15B | -5.14B | -14.29B | -6.07B | -10.86B | |
| Long-Term Debt Repaid | -359.00M | |||||
| Total Debt Repaid | -7.33B | -4.15B | -5.14B | -14.29B | -6.07B | -11.21B |
| Net Debt Issued (Repaid) | -2.99B | 3.83B | 2.39B | -14.16B | -4.96B | -11.21B |
| Issuance of Common Stock | 2.11B | 492.00M | 521.00M | 383.00M | 370.00M | 3.63B |
| Repurchase of Common Stock | -5.30B | -8.85B | -8.45B | -10.25B | -7.71B | -1.82B |
| Common Dividends Paid | -8.84B | -8.42B | -8.03B | -7.83B | -7.60B | -8.54B |
| Other Financing Activities | 2.31B | 3.02B | -853.00M | 2.12B | 3.36B | -7.55B |
| Financing Cash Flow | -12.70B | -9.93B | -14.43B | -29.73B | -19.27B | -25.50B |
| Foreign Exchange Rate Adjustments | -600.00M | 1.08B | -516.00M | -258.00M | -1.29B | -1.18B |
| Net Cash Flow | 10.79B | 358.00M | -1.42B | -5.76B | 11.68B | -9.93B |
| Free Cash Flow | 23.82B | 11.59B | 17.38B | 24.20B | 33.67B | 18.07B |
| Free Cash Flow Margin | 11.11% | 6.35% | 8.89% | 11.05% | 12.79% | 9.79% |
| Free Cash Flow Per Share | 10.92 | 5.23 | 7.51 | 9.94 | 13.09 | 6.82 |
| Levered Free Cash Flow | 13.98B | 14.23B | 12.28B | 16.43B | 33.56B | 14.03B |
| Unlevered Free Cash Flow | 15.63B | 15.83B | 13.75B | 17.78B | 34.85B | 15.14B |
| Cash Interest Paid | 3.05B | 3.05B | 2.93B | 2.88B | 2.29B | 1.89B |
| Cash Income Tax Paid | 9.62B | 9.62B | 10.56B | 12.69B | 14.49B | 4.51B |
| Change in Working Capital | -517.00M | 1.28B | 2.36B | 6.09B | 1.19B | -616.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 210.49B | 139.93B | 124.53B | 160.14B | 155.68B | 132.41B |
| Enterprise Value | 239.63B | 177.99B | 153.14B | 190.79B | 175.19B | 169.81B |
| Last Close Price | 95.33 | 63.17 | 49.90 | 60.04 | 57.22 | 46.06 |
| PE Ratio | 9.60 | 10.66 | 7.90 | 7.49 | 7.58 | 8.26 |
| PS Ratio | 0.98 | 0.77 | 0.64 | 0.73 | 0.59 | 0.72 |
| PB Ratio | 1.54 | 1.19 | 1.04 | 1.34 | 1.36 | 1.15 |
| P/TBV Ratio | 2.14 | 1.80 | 1.49 | 1.91 | 1.95 | 1.67 |
| P/FCF Ratio | 8.84 | 12.08 | 7.16 | 6.62 | 4.62 | 7.33 |
| P/OCF Ratio | 5.25 | 5.12 | 4.04 | 3.94 | 3.29 | 4.35 |
| EV/Sales Ratio | 1.12 | 0.98 | 0.78 | 0.87 | 0.67 | 0.92 |
| EV/EBITDA Ratio | 4.93 | 5.43 | 4.14 | 4.34 | 2.92 | 4.49 |
| EV/EBIT Ratio | 6.58 | 9.02 | 6.21 | 6.11 | 3.77 | 7.00 |
| EV/FCF Ratio | 10.06 | 15.36 | 8.81 | 7.88 | 5.20 | 9.40 |
| Debt / Equity Ratio | 0.46 | 0.52 | 0.45 | 0.42 | 0.54 | 0.56 |
| Debt / EBITDA Ratio | 1.30 | 1.87 | 1.47 | 1.15 | 1.02 | 1.72 |
| Debt / FCF Ratio | 2.65 | 5.30 | 3.12 | 2.09 | 1.82 | 3.59 |
| Net Debt / Equity Ratio | 0.18 | 0.27 | 0.18 | 0.14 | 0.17 | 0.27 |
| Net Debt / EBITDA Ratio | 0.52 | 0.98 | 0.59 | 0.39 | 0.33 | 0.83 |
| Net Debt / FCF Ratio | 1.06 | 2.78 | 1.26 | 0.71 | 0.58 | 1.74 |
| Asset Turnover | 0.68 | 0.63 | 0.69 | 0.74 | 0.88 | 0.66 |
| Inventory Turnover | 5.93 | 6.57 | 6.69 | 6.77 | 7.90 | 6.84 |
| Quick Ratio | 0.52 | 0.71 | 0.83 | 0.86 | 0.92 | 0.93 |
| Current Ratio | 1.11 | 0.97 | 1.10 | 1.12 | 1.15 | 1.17 |
| Return on Equity (ROE) | 17.83% | 11.24% | 13.38% | 18.38% | 18.33% | 14.80% |
| Return on Assets (ROA) | 7.19% | 4.28% | 5.42% | 6.64% | 9.71% | 5.42% |
| Return on Invested Capital (ROIC) | 13.95% | 8.05% | 10.59% | 14.25% | 16.08% | 10.39% |
| Return on Capital Employed (ROCE) | 16.50% | 9.90% | 12.50% | 16.00% | 23.90% | 12.20% |
| Earnings Yield | 10.42% | 9.38% | 12.65% | 13.35% | 13.18% | 12.11% |
| FCF Yield | 11.32% | 8.28% | 13.96% | 15.11% | 21.63% | 13.64% |
| Dividend Yield | 4.20% | 6.11% | 6.02% | 4.89% | 4.79% | 5.91% |
| Payout Ratio | 40.16% | 64.17% | 50.97% | 36.62% | 37.05% | 53.27% |
| Buyback Yield / Dilution | 2.31% | 4.33% | 4.90% | 5.38% | 2.84% | -1.75% |
| Total Shareholder Return | 6.51% | 10.44% | 10.92% | 10.27% | 7.63% | 4.17% |