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Forum Energy Technologies, Inc.(FET)Earnings, Financials & Key Ratios
FET•NYSE
$56.05
$635M mkt cap·Price updated May 6, 2026
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$791M-3.1%
- EBITDA$53M+260.0%
- Net Income-$10M+92.9%
- EPS (Diluted)-0.81+92.6%
- Gross Margin27.67%-11.4%
- EBITDA Margin6.68%+265.1%
- Operating Margin2.42%+122.7%
- Net Margin-1.22%+92.6%
- ROE-3.16%+91.4%
- ROIC2.77%+123.7%
- Debt/Equity0.80-6.6%
- Interest Coverage1.91+161.9%
FET Key Insights
Forum Energy Technologies, Inc. (FET) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 36.9%
- ✓Momentum leader: RS Rating 91 (top 9%)
- ✓Share count reduced 3.4% through buybacks
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
FET Price & Volume
Forum Energy Technologies, Inc. (FET) stock price & volume — 10-year historical chart
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FET Growth Metrics
Forum Energy Technologies, Inc. (FET) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-3%
5 Years9.08%
3 Years4.18%
TTM-0.05%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM94.92%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM95.03%
Return on Capital
10 Years-11.74%
5 Years-2.25%
3 Years-2.49%
Last Year3.3%
FET Recent Earnings
Forum Energy Technologies, Inc. (FET) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (44%)●Beat Revenue 5/12 qtrs (56%)
Q2 2026Latest
Apr 30, 2026EPS
$0.47
Est $0.44
+6.8%
Revenue
$209M
Est $201M
+3.7%
Q1 2026
Feb 19, 2026EPS
$0.41
Est $0.36
+13.9%
Revenue
$202M
Est $191M
+6.1%
Q4 2025
Oct 30, 2025EPS
$0.27
Est $0.19
+42.1%
Revenue
$196M
Est $191M
+3.0%
Q3 2025
Aug 7, 2025EPS
$0.10
Est $0.15
-166.7%
Revenue
$200M
Est $190M
+4.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.47vs $0.44+6.8% | $209Mvs $201M+3.7% |
| Q1 2026 | Feb 19, 2026 | $0.41vs $0.36+13.9% | $202Mvs $191M+6.1% |
| Q4 2025 | Oct 30, 2025 | $0.27vs $0.19+42.1% | $196Mvs $191M+3.0% |
| Q3 2025 | Aug 7, 2025 | $0.10vs $0.15-166.7% | $200Mvs $190M+4.9% |
Based on last 12 quarters of dataView full earnings history →
FET Peer Comparison
Forum Energy Technologies, Inc. (FET) competitors in Production Equipment and Optimization — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 DNOW | 1.42B | 13.50 | -18 | 18.84% | -2.66% | -3.35% | 0.30 | |
 WTTR | 1.78B | 17.45 | 87.25 | -3.08% | 1.54% | 2.21% | 0.40 | |
 NOV | 7.28B | 20.18 | 51.74 | -1.42% | 1.05% | 1.42% | 0.37 | |
 RES | 1.64B | 7.38 | 49.20 | 14.95% | 1.97% | 2.93% | 0.09 | |
 NCSM | 105.14M | 40.06 | 4.63 | 13.64% | 10.76% | 14.37% | 0.09 | |
 PUMP | 1.93B | 15.77 | 2021.79 | -12.13% | -1.05% | -1.43% | 0.30 | |
 LBRT | 5.26B | 32.47 | 36.48 | -7.16% | 3.71% | 7.39% | 0.42 | |
 ACDC | 1.29B | 7.13 | -3.10 | -11.37% | -18.89% | -38.16% | 1.30 |
Compare FET vs Peers
Forum Energy Technologies, Inc. (FET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FET Income Statement
Forum Energy Technologies, Inc. (FET) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 818.6M | 1.06B | 956.53M | 512.5M | 541.1M | 699.91M | 738.86M | 816.42M | 791.47M | 806.89M |
| Revenue Growth % | 39.31% | 30% | -10.12% | -46.42% | 5.58% | 29.35% | 5.57% | 10.5% | -3.06% | -0.05% |
| Cost of Goods Sold | 629.8M | 807.85M | 711.68M | 523.5M | 417.8M | 511.39M | 534.71M | 561.39M | 572.44M | 585.23M |
| COGS % of Revenue | 76.94% | 75.91% | 74.4% | 102.15% | 77.21% | 73.06% | 72.37% | 68.76% | 72.33% | - |
| Gross Profit | 188.8M▲ 0% | 256.37M▲ 35.8% | 244.85M▼ 4.5% | -11M▼ 104.5% | 123.3M▲ 1220.9% | 188.53M▲ 52.9% | 204.15M▲ 8.3% | 255.03M▲ 24.9% | 219.04M▼ 14.1% | 221.67M▲ 0% |
| Gross Margin % | 23.06% | 24.09% | 25.6% | -2.15% | 22.79% | 26.94% | 27.63% | 31.24% | 27.67% | 27.47% |
| Gross Profit Growth % | 89.37% | 35.79% | -4.49% | -104.49% | 1220.91% | 52.9% | 8.29% | 24.92% | -14.11% | - |
| Operating Expenses | 253.7M | 286.98M | 781M | 220.6M | 168.9M | 171.2M | 183.44M | 341.8M | 199.91M | 200.36M |
| OpEx % of Revenue | 30.99% | 26.97% | 81.65% | 43.04% | 31.21% | 24.46% | 24.83% | 41.87% | 25.26% | - |
| Selling, General & Admin | 253.7M | 286.98M | 251.74M | 197.7M | 168.9M | 179.47M | 180.39M | 219.32M | 199.91M | 200.53M |
| SG&A % of Revenue | 30.99% | 26.97% | 26.32% | 38.58% | 31.21% | 25.64% | 24.41% | 26.86% | 25.26% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1.49M | 529.26M | 22.9M | 0 | -8.27M | 3.05M | 122.47M | 0 | -1000K |
| Operating Income | -141.6M▲ 0% | -397M▼ 180.4% | -536.15M▼ 35.1% | -231.6M▲ 56.8% | -45.6M▲ 80.3% | 17.33M▲ 138.0% | 20.72M▲ 19.6% | -86.77M▼ 518.8% | 19.13M▲ 122.0% | 21.33M▲ 0% |
| Operating Margin % | -17.3% | -37.3% | -56.05% | -45.19% | -8.43% | 2.48% | 2.8% | -10.63% | 2.42% | 2.64% |
| Operating Income Growth % | -9.77% | -180.37% | -35.05% | 56.8% | 80.31% | 138% | 19.57% | -518.84% | 122.05% | - |
| EBITDA | -76.47M | -322.49M | -472.9M | -180.6M | -3.42M | 54.3M | 55.44M | -33.05M | 52.89M | 56.19M |
| EBITDA Margin % | -9.34% | -30.3% | -49.44% | -35.24% | -0.63% | 7.76% | 7.5% | -4.05% | 6.68% | 6.96% |
| EBITDA Growth % | -13.73% | -321.72% | -46.64% | 61.81% | 98.1% | 1685.98% | 2.1% | -159.61% | 260.02% | 232.62% |
| D&A (Non-Cash Add-back) | 65.13M | 74.51M | 63.24M | 51M | 42.18M | 36.98M | 34.73M | 53.72M | 33.76M | 34.85M |
| EBIT | -28.47M | -357.22M | -537.25M | -79.5M | -50M | 41.87M | 10.48M | -96.94M | 34.9M | 25.03M |
| Net Interest Income | -26.81M | -32.53M | -31.62M | -30.27M | -32.01M | -31.52M | -18.3M | -31.49M | -18.31M | -13.33M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 26.8M | 32.53M | 31.62M | 30.27M | 32.01M | 31.52M | 18.3M | 31.49M | 18.31M | 17.47M |
| Other Income/Expense | 86.32M | 7.24M | -32.73M | 121.85M | -36.41M | -6.98M | -28.53M | -41.66M | -2.54M | -2.25M |
| Pretax Income | -55.2M▲ 0% | -389.75M▼ 606.1% | -568.87M▼ 46.0% | -109.8M▲ 80.7% | -82.01M▲ 25.3% | 10.35M▲ 112.6% | -7.81M▼ 175.5% | -128.43M▼ 1543.5% | 16.59M▲ 112.9% | 19.09M▲ 0% |
| Pretax Margin % | -6.74% | -36.62% | -59.47% | -21.42% | -15.16% | 1.48% | -1.06% | -15.73% | 2.1% | 2.37% |
| Income Tax | 1.9M | -15.67M | -1.81M | -12.9M | 642K | 6.64M | 11.06M | 6.9M | 26.25M | 25.38M |
| Effective Tax Rate % | -3.44% | 4.02% | 0.32% | 11.75% | -0.78% | 64.13% | -141.57% | -5.37% | 158.24% | 132.96% |
| Net Income | -57.1M▲ 0% | -374.08M▼ 555.1% | -567.06M▼ 51.6% | -96.9M▲ 82.9% | -82.7M▲ 14.7% | 3.71M▲ 104.5% | -18.88M▼ 608.5% | -135.33M▼ 616.9% | -9.66M▲ 92.9% | -6.29M▲ 0% |
| Net Margin % | -6.98% | -35.15% | -59.28% | -18.91% | -15.28% | 0.53% | -2.55% | -16.58% | -1.22% | -0.78% |
| Net Income Growth % | 30.37% | -555.13% | -51.59% | 82.91% | 14.65% | 104.49% | -608.51% | -616.92% | 92.86% | 94.92% |
| Net Income (Continuing) | -59.4M | -374.08M | -567.06M | -96.89M | -82.65M | 3.71M | -18.88M | -135.33M | -9.66M | -6.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -11.57▲ 0% | -68.78▼ 494.5% | -103.02▼ 49.8% | -17.37▲ 83.1% | -14.66▲ 15.6% | 0.36▲ 102.5% | -1.85▼ 613.9% | -11.00▼ 494.6% | -0.81▲ 92.6% | -0.54▲ 0% |
| EPS Growth % | 35.65% | -494.47% | -49.78% | 83.14% | 15.6% | 102.46% | -613.89% | -494.59% | 92.64% | 95.03% |
| EPS (Basic) | -11.57 | -68.80 | -103.02 | -17.37 | -14.66 | 0.36 | -1.85 | -11.00 | -0.81 | - |
| Diluted Shares Outstanding | 4.93M | 5.44M | 5.5M | 5.58M | 5.64M | 10.37M | 10.21M | 12.3M | 11.88M | 11.64M |
| Basic Shares Outstanding | 4.93M | 5.44M | 5.5M | 5.58M | 5.64M | 10.37M | 10.2M | 12.3M | 11.88M | 11.21M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
FET Balance Sheet
Forum Energy Technologies, Inc. (FET) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 797M | 766.02M | 665.92M | 490.19M | 446.73M | 512.87M | 529.6M | 495.64M | 448.88M | 464.32M |
| Cash & Short-Term Investments | 115.2M | 47.24M | 57.91M | 128.62M | 46.86M | 51.03M | 46.16M | 44.66M | 34.66M | 37.49M |
| Cash Only | 115.2M | 47.24M | 57.91M | 128.62M | 46.86M | 51.03M | 46.16M | 44.66M | 34.66M | 37.49M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 212.5M | 216.08M | 159.55M | 90.81M | 134.43M | 170.05M | 161.91M | 166.31M | 142.4M | 155.48M |
| Days Sales Outstanding | 94.75 | 74.11 | 60.88 | 64.67 | 90.68 | 88.68 | 79.99 | 74.35 | 65.67 | 71.35 |
| Inventory | 443.2M | 479.02M | 414.64M | 251.75M | 241.74M | 269.83M | 299.64M | 265.49M | 239.42M | 236.41M |
| Days Inventory Outstanding | 256.86 | 216.43 | 212.66 | 175.53 | 211.19 | 192.59 | 204.54 | 172.61 | 152.66 | 153.45 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 21.96M | 21.89M | 19.18M | 32.41M | 34.94M |
| Total Non-Current Assets | 1.4B | 1.06B | 494.08M | 399.74M | 344.6M | 321.89M | 291.46M | 320.32M | 303.57M | 298.75M |
| Property, Plant & Equipment | 197.3M | 177.36M | 203.52M | 145.19M | 119.44M | 120.23M | 116.8M | 133.81M | 132.64M | 132.81M |
| Fixed Asset Turnover | 4.15x | 6.00x | 4.70x | 3.53x | 4.53x | 5.82x | 6.33x | 6.10x | 5.97x | 6.04x |
| Goodwill | 755.25M | 469.65M | 0 | 0 | 0 | 0 | 0 | 61.65M | 64.67M | 63.78M |
| Intangible Assets | 443.06M | 359.05M | 272.3M | 240.44M | 217.41M | 191.48M | 167.97M | 109.23M | 93.64M | 87.96M |
| Long-Term Investments | -3.34M | 44.98M | 0 | 0 | 0 | 0 | -368K | 0 | 0 | 0 |
| Other Non-Current Assets | 7.2M | 11.37M | 17.61M | 14M | 7.56M | 9.99M | 6.69M | 4.18M | 12.63M | 28.56M |
| Total Assets | 2.2B▲ 0% | 1.83B▼ 16.8% | 1.16B▼ 36.6% | 889.93M▼ 23.3% | 791.34M▼ 11.1% | 834.76M▲ 5.5% | 821.06M▼ 1.6% | 815.95M▼ 0.6% | 752.46M▼ 7.8% | 763.07M▲ 0% |
| Asset Turnover | 0.37x | 0.58x | 0.82x | 0.58x | 0.68x | 0.84x | 0.90x | 1.00x | 1.05x | 1.04x |
| Asset Growth % | 19.68% | -16.83% | -36.6% | -23.28% | -11.08% | 5.49% | -1.64% | -0.62% | -7.78% | -49.18% |
| Total Current Liabilities | 216.3M | 236.93M | 196.85M | 124.93M | 175.66M | 210.29M | 204.34M | 201.86M | 206.53M | 208.61M |
| Accounts Payable | 137.68M | 143.19M | 98.72M | 46.35M | 99.38M | 118.26M | 125.92M | 109.65M | 94.56M | 114.69M |
| Days Payables Outstanding | 79.79 | 64.69 | 50.63 | 32.32 | 86.82 | 84.41 | 85.95 | 71.29 | 60.29 | 66.9 |
| Short-Term Debt | 1.16M | 1.17M | 717K | 1.32M | 860K | 782K | 10.39M | 12.92M | 13.19M | 1.38M |
| Deferred Revenue (Current) | 10.7M | 11.54M | 10.79M | 9.68M | 16.98M | 14.71M | 14.77M | 8.58M | 0 | 66.23M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.52M | 98.78M | 190.01M |
| Current Ratio | 3.68x | 3.23x | 3.38x | 3.92x | 2.54x | 2.44x | 2.59x | 2.46x | 2.17x | 2.17x |
| Quick Ratio | 1.64x | 1.21x | 1.28x | 1.91x | 1.17x | 1.16x | 1.13x | 1.14x | 1.01x | 1.01x |
| Cash Conversion Cycle | 271.81 | 225.85 | 222.91 | 207.88 | 215.05 | 196.86 | 198.57 | 175.67 | 158.03 | 157.89 |
| Total Non-Current Liabilities | 572.2M | 562.6M | 477.11M | 358.76M | 286.55M | 317.43M | 204.09M | 294.2M | 254.78M | 273.77M |
| Long-Term Debt | 506.75M | 517.54M | 398.86M | 293.37M | 232.37M | 239.13M | 127.89M | 185.02M | 131.92M | 86.48M |
| Capital Lease Obligations | 0 | 0 | 49.94M | 44.54M | 34.74M | 64.63M | 63.13M | 74.65M | 86.56M | 251.96M |
| Deferred Tax Liabilities | 31.23M | 15.3M | 2.46M | 1.95M | 834K | 902K | 940K | 23.68M | 20.43M | 82.96M |
| Other Non-Current Liabilities | 31.93M | 29.75M | 25.84M | 18.89M | 18.61M | 12.77M | 12.13M | 10.85M | 15.88M | 215.83M |
| Total Liabilities | 788.5M | 799.53M | 673.96M | 483.69M | 462.21M | 527.72M | 408.43M | 496.05M | 461.31M | 482.38M |
| Total Debt | 508M | 518.71M | 449.52M | 339.23M | 267.98M | 304.54M | 201.4M | 272.59M | 231.67M | 87.86M |
| Net Debt | 392.8M | 471.47M | 391.61M | 210.61M | 221.12M | 253.51M | 155.24M | 227.93M | 197.01M | 50.37M |
| Debt / Equity | 0.36x | 0.50x | 0.92x | 0.84x | 0.81x | 0.99x | 0.49x | 0.85x | 0.80x | 0.80x |
| Debt / EBITDA | - | - | - | - | - | 5.61x | 3.63x | - | 4.38x | 1.56x |
| Net Debt / EBITDA | - | - | - | - | - | 4.67x | 2.80x | - | 3.73x | 3.73x |
| Interest Coverage | -1.06x | -10.98x | -16.99x | -2.63x | -1.56x | 1.33x | 0.57x | -3.08x | 1.91x | 1.43x |
| Total Equity | 1.41B▲ 0% | 1.03B▼ 27.0% | 486.04M▼ 52.8% | 406.24M▼ 16.4% | 329.13M▼ 19.0% | 307.04M▼ 6.7% | 412.63M▲ 34.4% | 319.9M▼ 22.5% | 291.14M▼ 9.0% | 280.68M▲ 0% |
| Equity Growth % | 14.2% | -27.01% | -52.82% | -16.42% | -18.98% | -6.71% | 34.39% | -22.47% | -8.99% | -78.64% |
| Book Value per Share | 285.98 | 189.41 | 88.29 | 72.84 | 58.32 | 29.62 | 40.41 | 26.01 | 24.50 | 24.11 |
| Total Shareholders' Equity | 1.41B | 1.03B | 486.04M | 406.24M | 329.13M | 307.04M | 412.63M | 319.9M | 291.14M | 280.68M |
| Common Stock | 1.16M | 1.17M | 1.19M | 60K | 61K | 62K | 109K | 130K | 132K | 135K |
| Retained Earnings | 438.77M | 63.69M | -503.37M | -601.66M | -684.31M | -680.6M | -699.47M | -834.8M | -844.46M | -839.97M |
| Treasury Stock | -134.29M | -134.43M | -134.49M | -134.5M | -135.56M | -138.56M | -142.06M | -142.06M | -176.67M | 0 |
| Accumulated OCI | -91.97M | -115.23M | -108.94M | -100.39M | -101.03M | -127.48M | -115.24M | -123.25M | -115.45M | -119.08M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FET Cash Flow Statement
Forum Energy Technologies, Inc. (FET) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -40M | 2.41M | 104.1M | 3.88M | -15.8M | -17.05M | 8.18M | 92.19M | 70.4M | 70.4M |
| Operating CF Margin % | -4.89% | 0.23% | 10.88% | 0.76% | -2.92% | -2.44% | 1.11% | 11.29% | 8.89% | - |
| Operating CF Growth % | -162.21% | 106.02% | 4224.89% | -96.27% | -506.9% | -7.94% | 147.98% | 1026.62% | -23.63% | -166.44% |
| Net Income | -57.1M | -374.08M | -567.1M | -96.89M | -82.7M | 3.71M | -18.88M | -135.33M | -9.66M | -6.29M |
| Depreciation & Amortization | 65.1M | 74.51M | 63.3M | 51M | 42.2M | 36.98M | 34.73M | 53.72M | 33.76M | 32.58M |
| Stock-Based Compensation | 20.31M | 19.93M | 15.85M | 9.78M | 7.59M | 4.21M | 4.57M | 7.14M | -1.32M | 10.19M |
| Deferred Taxes | 149K | -13.55M | -12.98M | -149K | 2.79M | -130K | -204K | 0 | 0 | -4.11M |
| Other Non-Cash Items | -71.76M | 370.91M | 529.44M | -17.2M | 3.02M | 3.3M | 9.43M | 109.09M | 29.79M | 10.74M |
| Working Capital Changes | 3.3M | -75.31M | 75.6M | 57.34M | 11.3M | -65.12M | -21.46M | 57.57M | 17.84M | 19.59M |
| Change in Receivables | -64.84M | -4.83M | 49.73M | 61.22M | -44.96M | -42.63M | 8.82M | 15.21M | 17.21M | 1.31M |
| Change in Inventory | -66.65M | -60.9M | 54.27M | 51.62M | 1.94M | -34.61M | -31.93M | 41.47M | 11.07M | 8.62M |
| Change in Payables | 52.14M | -4.19M | -48.06M | -69.4M | 36.33M | 20.76M | -4.89M | -7.67M | -18.24M | -2.36M |
| Cash from Investing | -188M | -75.41M | 28.1M | 108.25M | 10.7M | 27.14M | -6.57M | -137.53M | 9.57M | 11.41M |
| Capital Expenditures | -24.7M | -24.04M | -15.1M | -2.25M | -2.4M | -7.49M | -7.94M | 0 | 0 | -1.69M |
| CapEx % of Revenue | 3.02% | 2.26% | 1.58% | 0.44% | 0.44% | 1.07% | 1.08% | 1% | 0.76% | - |
| Acquisitions | -163.3M | -51.36M | 43.2M | 105.2M | -4.7M | -485K | 0 | -150.41M | 0 | 844K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 930K | 9.26M | -15.19M | 5.29M | 17.8M | 35.12M | 1.37M | 12.88M | 9.57M | 12.26M |
| Cash from Financing | 100.6M | 6.52M | -122.2M | -41.77M | -76.2M | -5.08M | -7.58M | 45.24M | -91.57M | -68.7M |
| Debt Issued (Net) | 106.24M | 9.05M | -121.1M | -28.32M | -73.24M | -1.25M | -1.27M | 54.87M | -54.72M | -37.02M |
| Equity Issued (Net) | -3.25M | -2.53M | -1.09M | -195K | -1.41M | -3.83M | -6M | -1.09M | -34.61M | -32.62M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -4.74M | -2.78M | -1.09M | -195K | -1.41M | -3.83M | -6M | -1.09M | -34.61M | -32.62M |
| Other Financing | -2.43M | 0 | -9K | -13.25M | -1.55M | 0 | -311K | -8.53M | -2.23M | 938K |
| Net Change in Cash | -119.2M▲ 0% | -67.97M▲ 43.0% | 10.7M▲ 115.7% | 70.71M▲ 560.8% | -81.76M▼ 215.6% | 4.17M▲ 105.1% | -4.86M▼ 216.6% | -1.5M▲ 69.1% | -10M▼ 564.9% | 6.34M▲ 0% |
| Free Cash Flow | -64.7M▲ 0% | -21.64M▲ 66.6% | 89M▲ 511.4% | 1.64M▼ 98.2% | -18.2M▼ 1211.8% | -24.55M▼ 34.9% | 239K▲ 101.0% | 84.05M▲ 35065.7% | 64.39M▼ 23.4% | 61.04M▲ 0% |
| FCF Margin % | -7.9% | -2.03% | 9.3% | 0.32% | -3.36% | -3.51% | 0.03% | 10.29% | 8.14% | 7.56% |
| FCF Growth % | -212.13% | 66.56% | 511.35% | -98.16% | -1211.79% | -34.87% | 100.97% | 35065.69% | -23.39% | -31.53% |
| FCF per Share | -13.11 | -3.98 | 16.17 | 0.29 | -3.23 | -2.37 | 0.02 | 6.83 | 5.42 | 5.42 |
| FCF Conversion (FCF/Net Income) | 0.70x | -0.01x | -0.18x | -0.04x | 0.19x | -4.59x | -0.43x | -0.68x | -7.29x | -9.70x |
| Interest Paid | 25.99M | 30.27M | 31.94M | 23.76M | 27.07M | 25.32M | 17.09M | 26.76M | 0 | 8.74M |
| Taxes Paid | 29.09M | 5.56M | 3.92M | 0 | 2.44M | 0 | 8.8M | 23.12M | 0 | 20.48M |
FET Key Ratios
Forum Energy Technologies, Inc. (FET) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -4.31% | -30.64% | -74.8% | -21.72% | -22.49% | 1.17% | -5.25% | -36.95% | -3.16% | -2.09% |
| Return on Invested Capital (ROIC) | -6.63% | -18.01% | -33.8% | -23.25% | -5.86% | 2.34% | 2.75% | -11.67% | 2.77% | 2.77% |
| Gross Margin | 23.06% | 24.09% | 25.6% | -2.15% | 22.79% | 26.94% | 27.63% | 31.24% | 27.67% | 27.47% |
| Net Margin | -6.98% | -35.15% | -59.28% | -18.91% | -15.28% | 0.53% | -2.55% | -16.58% | -1.22% | -0.78% |
| Debt / Equity | 0.36x | 0.50x | 0.92x | 0.84x | 0.81x | 0.99x | 0.49x | 0.85x | 0.80x | 0.80x |
| Interest Coverage | -1.06x | -10.98x | -16.99x | -2.63x | -1.56x | 1.33x | 0.57x | -3.08x | 1.91x | 1.43x |
| FCF Conversion | 0.70x | -0.01x | -0.18x | -0.04x | 0.19x | -4.59x | -0.43x | -0.68x | -7.29x | -9.70x |
| Revenue Growth | 39.31% | 30% | -10.12% | -46.42% | 5.58% | 29.35% | 5.57% | 10.5% | -3.06% | -0.05% |
FET SEC Filings & Documents
Forum Energy Technologies, Inc. (FET) SEC filings — annual & quarterly reports (10-K, 10-Q)
FET Frequently Asked Questions
Forum Energy Technologies, Inc. (FET) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Forum Energy Technologies, Inc. (FET) reported $806.9M in revenue for fiscal year 2025. This represents a 19% increase from $677.4M in 2009.
Forum Energy Technologies, Inc. (FET) saw revenue decline by 3.1% over the past year.
Forum Energy Technologies, Inc. (FET) reported a net loss of $6.3M for fiscal year 2025.
Dividend & Returns
Forum Energy Technologies, Inc. (FET) has a return on equity (ROE) of -3.2%. Negative ROE indicates the company is unprofitable.
Forum Energy Technologies, Inc. (FET) generated $61.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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