← Back to Screener
US Stock Screener
HomeScreensNewsWatchlist
...

Forum Energy Technologies, Inc. (FET) 10-Year Financial Performance & Capital Metrics

FET • • Industrial / General
EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Systems & Equipment
AboutForum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.Show more
  • Revenue $816M +10.5%
  • EBITDA -$33M -159.6%
  • Net Income -$135M -616.9%
  • EPS (Diluted) -11.00 -494.6%
  • Gross Margin 31.24% +13.1%
  • EBITDA Margin -4.05% -153.9%
  • Operating Margin -10.63% -479.0%
  • Net Margin -16.58% -548.8%
  • ROE -36.95% -604.3%
  • ROIC -11.67% -523.6%
  • Debt/Equity 0.85 +74.6%
  • Interest Coverage -2.76 -343.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 92 (top 8%)
  • ✓Trading near 52-week high
  • ✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

  • ✗Shares diluted 20.4% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-7.29%
5Y-3.12%
3Y14.7%
TTM-1.29%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-136.98%

EPS CAGR

10Y-
5Y-
3Y-
TTM-121.24%

ROCE

10Y Avg-12.68%
5Y Avg-8.28%
3Y Avg-2.66%
Latest-14.1%

Peer Comparison

Drilling Systems & Equipment
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BKRBaker Hughes Company48.32B48.9716.439.11%10.43%15.77%4.25%0.35
SLBSLB N.V.68.57B45.9014.769.52%10.34%13.54%6.52%0.54
WFRDWeatherford International plc6.3B87.7813.007.36%8.15%25.85%7.83%1.39
HALHalliburton Company27.45B32.6111.52-0.32%5.91%12.78%8.83%0.83
NOVNOV Inc.6.46B17.7211.083.42%4.37%5.88%14.74%0.37
FETForum Energy Technologies, Inc.463.65M40.75-3.7010.5%-14.58%-38.76%18.13%0.85

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.07B587.6M818.6M1.06B956.53M512.5M541.1M699.91M738.86M816.42M
Revenue Growth %-0.38%-0.45%0.39%0.3%-0.1%-0.46%0.06%0.29%0.06%0.1%
Cost of Goods Sold+810.98M487.9M629.8M807.85M711.68M523.5M417.8M511.39M534.71M561.39M
COGS % of Revenue0.76%0.83%0.77%0.76%0.74%1.02%0.77%0.73%0.72%0.69%
Gross Profit+262.73M99.7M188.8M256.37M244.85M-11M123.3M188.53M204.15M255.03M
Gross Margin %0.24%0.17%0.23%0.24%0.26%-0.02%0.23%0.27%0.28%0.31%
Gross Profit Growth %-0.53%-0.62%0.89%0.36%-0.04%-1.04%12.21%0.53%0.08%0.25%
Operating Expenses+1.08B718.4M253.7M286.98M781M220.6M168.9M171.2M183.44M341.8M
OpEx % of Revenue1%1.22%0.31%0.27%0.82%0.43%0.31%0.24%0.25%0.42%
Selling, General & Admin264.91M227.01M253.7M286.98M251.74M197.7M168.9M179.47M180.39M219.32M
SG&A % of Revenue0.25%0.39%0.31%0.27%0.26%0.39%0.31%0.26%0.24%0.27%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses-5.54M-3M0-1.49M529.26M22.9M0-8.27M3.05M122.47M
Operating Income+-113.7M-129M-141.6M-397M-536.15M-231.6M-45.6M17.33M20.72M-86.77M
Operating Margin %-0.11%-0.22%-0.17%-0.37%-0.56%-0.45%-0.08%0.02%0.03%-0.11%
Operating Income Growth %-1.42%-0.13%-0.1%-1.8%-0.35%0.57%0.8%1.38%0.2%-5.19%
EBITDA+-48M-67.24M-76.47M-322.49M-472.9M-180.6M-3.42M54.3M55.44M-33.05M
EBITDA Margin %-0.04%-0.11%-0.09%-0.3%-0.49%-0.35%-0.01%0.08%0.08%-0.04%
EBITDA Growth %-1.14%-0.4%-0.14%-3.22%-0.47%0.62%0.98%16.86%0.02%-1.6%
D&A (Non-Cash Add-back)65.7M61.76M65.13M74.51M63.24M51M42.18M36.98M34.73M53.72M
EBIT-104.38M-110.59M-28.47M-357.22M-537.25M-79.5M-50M41.87M10.48M-96.94M
Net Interest Income+-29.95M-27.41M-26.81M-32.53M-31.62M-30.27M-32.01M-31.52M-18.3M-31.49M
Interest Income0000000000
Interest Expense29.9M27.4M26.8M32.53M31.62M30.27M32.01M31.52M18.3M31.49M
Other Income/Expense-20.6M-9.05M86.32M7.24M-32.73M121.85M-36.41M-6.98M-28.53M-41.66M
Pretax Income+-134.3M-138.1M-55.2M-389.75M-568.87M-109.8M-82.01M10.35M-7.81M-128.43M
Pretax Margin %-0.13%-0.24%-0.07%-0.37%-0.59%-0.21%-0.15%0.01%-0.01%-0.16%
Income Tax+-14.9M-56.1M1.9M-15.67M-1.81M-12.9M642K6.64M11.06M6.9M
Effective Tax Rate %0.89%0.59%1.03%0.96%1%0.88%1.01%0.36%2.42%1.05%
Net Income+-119.4M-82M-57.1M-374.08M-567.06M-96.9M-82.7M3.71M-18.88M-135.33M
Net Margin %-0.11%-0.14%-0.07%-0.35%-0.59%-0.19%-0.15%0.01%-0.03%-0.17%
Net Income Growth %-1.69%0.31%0.3%-5.55%-0.52%0.83%0.15%1.04%-6.09%-6.17%
Net Income (Continuing)-119.38M-81.95M-59.4M-374.08M-567.06M-96.89M-82.65M3.71M-18.88M-135.33M
Discontinued Operations0000000000
Minority Interest400K600K00000000
EPS (Diluted)+-26.56-17.98-11.57-68.78-103.02-17.37-14.660.36-1.85-11.00
EPS Growth %-1.73%0.32%0.36%-4.94%-0.5%0.83%0.16%1.02%-6.14%-4.95%
EPS (Basic)-26.61-18.00-11.57-68.80-103.02-17.37-14.660.36-1.85-11.00
Diluted Shares Outstanding4.5M4.56M4.93M5.44M5.5M5.58M5.64M10.37M10.21M12.3M
Basic Shares Outstanding4.49M4.55M4.93M5.44M5.5M5.58M5.64M10.37M10.2M12.3M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+718.4M750.6M797M766.02M665.92M490.19M446.73M512.87M529.6M495.64M
Cash & Short-Term Investments109.2M234.4M115.2M47.24M57.91M128.62M46.86M51.03M46.16M44.66M
Cash Only109.2M234.4M115.2M47.24M57.91M128.62M46.86M51.03M46.16M44.66M
Short-Term Investments0000000000
Accounts Receivable150.61M114.47M212.5M216.08M159.55M90.81M134.43M170.05M161.91M166.31M
Days Sales Outstanding51.271.194.7574.1160.8864.6790.6888.6879.9974.35
Inventory424.1M338.6M443.2M479.02M414.64M251.75M241.74M269.83M299.64M265.49M
Days Inventory Outstanding190.88253.31256.86216.43212.66175.53211.19192.59204.54172.61
Other Current Assets032.8M0000021.96M21.89M19.18M
Total Non-Current Assets+1.2B1.09B1.4B1.06B494.08M399.74M344.6M321.89M291.46M320.32M
Property, Plant & Equipment186.7M152.2M197.3M177.36M203.52M145.19M119.44M120.23M116.8M133.81M
Fixed Asset Turnover5.75x3.86x4.15x6.00x4.70x3.53x4.53x5.82x6.33x6.10x
Goodwill669.04M652.74M755.25M469.65M0000061.65M
Intangible Assets246.65M216.42M443.06M359.05M272.3M240.44M217.41M191.48M167.97M109.23M
Long-Term Investments57.7M59.1M-3.34M44.98M0000-368K0
Other Non-Current Assets39.22M6.05M7.2M11.37M17.61M14M7.56M9.99M6.69M4.18M
Total Assets+1.92B1.84B2.2B1.83B1.16B889.93M791.34M834.76M821.06M815.95M
Asset Turnover0.56x0.32x0.37x0.58x0.82x0.58x0.68x0.84x0.90x1.00x
Asset Growth %-0.13%-0.04%0.2%-0.17%-0.37%-0.23%-0.11%0.05%-0.02%-0.01%
Total Current Liabilities+150.4M141.8M216.3M236.93M196.85M124.93M175.66M210.29M204.34M201.86M
Accounts Payable76.82M73.78M137.68M143.19M98.72M46.35M99.38M118.26M125.92M109.65M
Days Payables Outstanding34.5855.1979.7964.6950.6332.3286.8284.4185.9571.29
Short-Term Debt253K124K1.16M1.17M717K1.32M860K782K10.39M12.92M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities0000000004.52M
Current Ratio4.78x5.29x3.68x3.23x3.38x3.92x2.54x2.44x2.59x2.46x
Quick Ratio1.96x2.91x1.64x1.21x1.28x1.91x1.17x1.16x1.13x1.14x
Cash Conversion Cycle207.5269.22271.81225.85222.91207.88215.05196.86198.57175.67
Total Non-Current Liabilities+510.7M460.4M572.2M562.6M477.11M358.76M286.55M317.43M204.09M294.2M
Long-Term Debt396.02M396.75M506.75M517.54M398.86M293.37M232.37M239.13M127.89M185.02M
Capital Lease Obligations000049.94M44.54M34.74M64.63M63.13M74.65M
Deferred Tax Liabilities51.1M26.18M31.23M15.3M2.46M1.95M834K902K940K23.68M
Other Non-Current Liabilities29.96M34.65M31.93M29.75M25.84M18.89M18.61M12.77M12.13M10.85M
Total Liabilities661.1M602.2M788.5M799.53M673.96M483.69M462.21M527.72M408.43M496.05M
Total Debt+396.3M396.8M508M518.71M449.52M339.23M267.98M304.54M201.4M272.59M
Net Debt287.1M162.4M392.8M471.47M391.61M210.61M221.12M253.51M155.24M227.93M
Debt / Equity0.32x0.32x0.36x0.50x0.92x0.84x0.81x0.99x0.49x0.85x
Debt / EBITDA-------5.61x3.63x-
Net Debt / EBITDA-------4.67x2.80x-
Interest Coverage-3.80x-4.71x-5.28x-12.20x-16.96x-7.65x-1.42x0.55x1.13x-2.76x
Total Equity+1.26B1.24B1.41B1.03B486.04M406.24M329.13M307.04M412.63M319.9M
Equity Growth %-0.1%-0.02%0.14%-0.27%-0.53%-0.16%-0.19%-0.07%0.34%-0.22%
Book Value per Share279.73271.01285.98189.4188.2972.8458.3229.6240.4126.01
Total Shareholders' Equity1.26B1.24B1.41B1.03B486.04M406.24M329.13M307.04M412.63M319.9M
Common Stock986K1.04M1.16M1.17M1.19M60K61K62K109K130K
Retained Earnings580.15M498.17M438.77M63.69M-503.37M-601.66M-684.31M-680.6M-699.47M-834.8M
Treasury Stock-133.32M-133.94M-134.29M-134.43M-134.49M-134.5M-135.56M-138.56M-142.06M-142.06M
Accumulated OCI-82.05M-128.24M-91.97M-115.23M-108.94M-100.39M-101.03M-127.48M-115.24M-123.25M
Minority Interest400K600K00000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+154.8M64.3M-40M2.41M104.1M3.88M-15.8M-17.05M8.18M92.19M
Operating CF Margin %0.14%0.11%-0.05%0%0.11%0.01%-0.03%-0.02%0.01%0.11%
Operating CF Growth %-0.43%-0.58%-1.62%1.06%42.25%-0.96%-5.07%-0.08%1.48%10.27%
Net Income-119.4M-82M-57.1M-374.08M-567.1M-96.89M-82.7M3.71M-18.88M-135.33M
Depreciation & Amortization65.7M61.8M65.1M74.51M63.3M51M42.2M36.98M34.73M53.72M
Stock-Based Compensation21.68M20.54M20.31M19.93M15.85M9.78M7.59M4.21M4.57M7.14M
Deferred Taxes-23.25M-24.42M149K-13.55M-12.98M-149K2.79M-130K-204K0
Other Non-Cash Items176.08M3.88M-71.76M370.91M529.44M-17.2M3.02M3.3M9.43M109.09M
Working Capital Changes33.99M84.5M3.3M-75.31M75.6M57.34M11.3M-65.12M-21.46M57.57M
Change in Receivables145.75M29.45M-64.84M-4.83M49.73M61.22M-44.96M-42.63M8.82M15.21M
Change in Inventory344K57.29M-66.65M-60.9M54.27M51.62M1.94M-34.61M-31.93M41.47M
Change in Payables-111.26M3.8M52.14M-4.19M-48.06M-69.4M36.33M20.76M-4.89M-7.67M
Cash from Investing+-90.3M-10.7M-188M-75.41M28.1M108.25M10.7M27.14M-6.57M-137.53M
Capital Expenditures-31.3M-6.6M-24.7M-24.04M-15.1M-2.25M-2.4M-7.49M-7.94M0
CapEx % of Revenue0.03%0.01%0.03%0.02%0.02%0%0%0.01%0.01%0.01%
Acquisitions----------
Investments----------
Other Investing1.82M9.76M930K9.26M-15.19M5.29M17.8M35.12M1.37M12.88M
Cash from Financing+-26.9M86.2M100.6M6.52M-122.2M-41.77M-76.2M-5.08M-7.58M45.24M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing5.27M-766K-2.43M0-9K-13.25M-1.55M0-311K-8.53M
Net Change in Cash----------
Free Cash Flow+123.5M57.7M-64.7M-21.64M89M1.64M-18.2M-24.55M239K84.05M
FCF Margin %0.12%0.1%-0.08%-0.02%0.09%0%-0.03%-0.04%0%0.1%
FCF Growth %-0.43%-0.53%-2.12%0.67%5.11%-0.98%-12.12%-0.35%1.01%350.66%
FCF per Share27.4712.65-13.11-3.9816.170.29-3.23-2.370.026.83
FCF Conversion (FCF/Net Income)-1.30x-0.78x0.70x-0.01x-0.18x-0.04x0.19x-4.59x-0.43x-0.68x
Interest Paid27.87M-26.33M25.99M30.27M31.94M23.76M27.07M25.32M17.09M26.76M
Taxes Paid19.92M6.27M29.09M5.56M3.92M02.44M08.8M23.12M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-9%-6.58%-4.31%-30.64%-74.8%-21.72%-22.49%1.17%-5.25%-36.95%
Return on Invested Capital (ROIC)-5.18%-6.58%-6.63%-18.01%-33.8%-23.25%-5.86%2.34%2.75%-11.67%
Gross Margin24.47%16.97%23.06%24.09%25.6%-2.15%22.79%26.94%27.63%31.24%
Net Margin-11.12%-13.96%-6.98%-35.15%-59.28%-18.91%-15.28%0.53%-2.55%-16.58%
Debt / Equity0.32x0.32x0.36x0.50x0.92x0.84x0.81x0.99x0.49x0.85x
Interest Coverage-3.80x-4.71x-5.28x-12.20x-16.96x-7.65x-1.42x0.55x1.13x-2.76x
FCF Conversion-1.30x-0.78x0.70x-0.01x-0.18x-0.04x0.19x-4.59x-0.43x-0.68x
Revenue Growth-38.28%-45.27%39.31%30%-10.12%-46.42%5.58%29.35%5.57%10.5%

Revenue by Segment

2014201520162017201820192020202120222023
Drilling And Downhole------216.84M239.9M304.56M329.58M
Drilling And Downhole Growth-------10.63%26.96%8.21%
Completions----477.99M305.09M118.69M185.02M264.95M265.63M
Completions Growth------36.17%-61.10%55.89%43.20%0.26%
Production and Infrastructure----361.41M321M177.51M116.71M131.52M145.86M
Production and Infrastructure Growth------11.18%-44.70%-34.25%12.69%10.91%
Drilling and Subsea----229.08M334.83M----
Drilling and Subsea Growth-----46.16%----
Valve Solutions207.46M174.51M156.59M202.96M------
Valve Solutions Growth--15.88%-10.27%29.62%------
Drilling Technologies614.76M332.31M139.46M169.04M------
Drilling Technologies Growth--45.94%-58.03%21.22%------
Stimulation and Intervention--72.24M148.66M------
Stimulation and Intervention Growth---105.79%------
Production Equipment228.77M145.9M77.17M124.32M------
Production Equipment Growth--36.22%-47.11%61.11%------
Downhole Technologies190.77M106.53M55.19M76.01M------
Downhole Technologies Growth--44.16%-48.19%37.72%------
Subsea Technologies321.04M189.09M88.41M65.7M------
Subsea Technologies Growth--41.10%-53.24%-25.69%------
Coiled Tubing---35.52M------
Coiled Tubing Growth----------
Flow Equipment178.22M126.29M--------
Flow Equipment Growth--29.14%--------
Intersegment Eliminations-1.3M-986K--------
Intersegment Eliminations Growth-24.15%--------

Revenue by Geography

2014201520162017201820192020202120222023
UNITED STATES1.05B646.93M361.94M621.45M------
UNITED STATES Growth--38.36%-44.05%71.70%------
Europe and Africa305.38M188.41M77.85M61.13M------
Europe and Africa Growth--38.30%-58.68%-21.47%------
CANADA103.08M57.84M42.52M60.9M------
CANADA Growth--43.89%-26.48%43.22%------
Asia Pacific154.67M69.92M51.88M28.69M------
Asia Pacific Growth--54.79%-25.80%-44.69%------
Middle East65.5M59.68M25.98M25.63M------
Middle East Growth--8.88%-56.48%-1.31%------
Latin America61.49M50.87M27.47M20.82M------
Latin America Growth--17.27%-46.00%-24.23%------

Frequently Asked Questions

Growth & Financials

Forum Energy Technologies, Inc. (FET) reported $790.3M in revenue for fiscal year 2024. This represents a 30% decrease from $1.13B in 2011.

Forum Energy Technologies, Inc. (FET) grew revenue by 10.5% over the past year. This is steady growth.

Forum Energy Technologies, Inc. (FET) reported a net loss of $115.2M for fiscal year 2024.

Dividend & Returns

Forum Energy Technologies, Inc. (FET) has a return on equity (ROE) of -36.9%. Negative ROE indicates the company is unprofitable.

Forum Energy Technologies, Inc. (FET) generated $81.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

VCP Scanner

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screens
  • Valuation
  • Compare
  • Total Return
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Twitter
  • Get Early Access
© 2026 VCP Scanner. All rights reserved.
Made with ❤️ for investors
Not financial advice. Do your own research.