Forum Energy Technologies, Inc. (FET) quarterly balance sheet — complete assets, liabilities & equity history
Forum Energy Technologies, Inc. (FET) balance sheet — 17-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 483.52M | 464.32M | 448.88M | 459.28M | 487.73M | 478.57M | 495.64M | 523.73M | 521.32M | 546.78M | 529.6M | 531.2M | 537.5M | 536.8M | 512.87M | 478.36M | 485.19M | 456.27M | 446.73M | 449.32M |
| Cash & Short-Term Investments | 33.72M | 37.49M | 34.66M | 31.69M | 38.97M | 31.14M | 44.66M | 33.31M | 31.83M | 48.49M | 46.16M | 37.2M | 24.8M | 46.8M | 51.03M | 19.78M | 26.9M | 20.6M | 46.86M | 50.04M |
| Cash Only | 33.72M | 37.49M | 34.66M | 31.69M | 38.97M | 31.14M | 44.66M | 33.31M | 31.83M | 48.49M | 46.16M | 37.2M | 24.8M | 46.8M | 51.03M | 19.78M | 26.9M | 20.6M | 46.86M | 50.04M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 174.03M | 168.51M | 151.79M | 163.35M | 169.68M | 165.57M | 153.9M | 180.77M | 178.58M | 174.4M | 161.91M | 167.03M | 182.46M | 179.24M | 170.05M | 165.31M | 163.26M | 148.47M | 134.43M | 130.55M |
| Days Sales Outstanding | 68.9 | 69.06 | 71.69 | 78.07 | 76.36 | 74.38 | 76.59 | 79.55 | 78.26 | 75.61 | 81.7 | 89.69 | 88.74 | 83.18 | 80.89 | 83.12 | 82.35 | 82.04 | 82.31 | 80.77 |
| Inventory | 233.47M | 236.41M | 239.42M | 248.25M | 260.03M | 263.6M | 265.49M | 286.94M | 291.09M | 303M | 299.64M | 302.3M | 302.5M | 287.6M | 269.83M | 270.63M | 271.18M | 263.78M | 241.74M | 233.88M |
| Days Inventory Outstanding | 138.05 | 144.96 | 158.97 | 149.88 | 169.69 | 176.47 | 183.41 | 187.16 | 190.18 | 197.79 | 204.35 | 216.96 | 200.16 | 183.29 | 176.69 | 191.02 | 196.82 | 195.17 | 185.41 | 200.21 |
| Other Current Assets | 16.21M | 21.91M | 23.02M | 15.98M | 19.06M | 18.25M | 31.55M | 22.7M | 19.83M | 20.89M | 21.89M | 24.67M | 27.82M | 23.2M | 21.96M | 1K | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 287.19M | 298.75M | 303.57M | 310.81M | 322.4M | 311.54M | 320.32M | 450.01M | 455.44M | 474.6M | 291.46M | 297.7M | 306.2M | 313.2M | 321.89M | 311.89M | 322.31M | 334.66M | 344.6M | 350.64M |
| Property, Plant & Equipment | 128.76M | 132.81M | 132.64M | 133.55M | 135.79M | 129.97M | 133.81M | 137.47M | 137.59M | 142.48M | 116.8M | 117.8M | 118.4M | 119.6M | 120.23M | 107.02M | 110.94M | 115.89M | 119.44M | 122.51M |
| Fixed Asset Turnover | 1.73x | 1.57x | 1.52x | 1.46x | 1.50x | 1.47x | 1.48x | 1.51x | 1.47x | 1.56x | 1.58x | 1.52x | 1.56x | 1.58x | 1.68x | 1.67x | 1.52x | 1.32x | 1.22x | 1.10x |
| Goodwill | 62.55M | 63.78M | 64.67M | 63.78M | 65.22M | 61.7M | 61.65M | 65.62M | 62.69M | 63.2M | 0 | 6K | -6K | -29K | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 82.06M | 87.96M | 93.64M | 97.23M | 103.69M | 104.16M | 109.23M | 242.33M | 249.83M | 261.4M | 167.97M | 173.39M | 179.81M | 185.63M | 191.48M | 196.58M | 203.79M | 210.87M | 217.41M | 220.91M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -132K | 0 | -368K | -368K | -917K | 0 | 0 | 0 | 0 | 0 | 0 | 1.55M |
| Other Non-Current Assets | 5.95M | 6.48M | 4.74M | 4.79M | 4.67M | 3.86M | 4.18M | 4.45M | 5.33M | 7.39M | 6.69M | 6.5M | 8M | 7.9M | 9.99M | 7.65M | 6.96M | 7.43M | 7.56M | 5.55M |
| Total Assets | 770.71M | 763.07M | 752.46M | 770.09M | 810.13M | 790.11M | 815.95M | 973.74M | 976.76M | 1.02B | 821.06M | 828.9M | 843.7M | 850M | 834.76M | 790.25M | 807.49M | 790.93M | 791.34M | 799.97M |
| Asset Turnover | 0.29x | 0.28x | 0.27x | 0.25x | 0.25x | 0.24x | 0.22x | 0.21x | 0.21x | 0.22x | 0.22x | 0.21x | 0.22x | 0.22x | 0.23x | 0.23x | 0.22x | 0.20x | 0.19x | 0.18x |
| Asset Growth % | -4.87% | -3.42% | -7.78% | -20.91% | -17.06% | -22.64% | -0.62% | 17.47% | 15.77% | 20.16% | -1.64% | 4.89% | 4.48% | 7.47% | 5.49% | -1.21% | 0.41% | -6.28% | -11.08% | -13.43% |
| Total Current Liabilities | 220.56M | 208.61M | 206.53M | 209.63M | 202.26M | 194.69M | 201.86M | 271.02M | 194.07M | 193.1M | 204.34M | 208.28M | 210.17M | 203.6M | 210.29M | 197.08M | 184.31M | 192.11M | 175.66M | 165.69M |
| Accounts Payable | 118.8M | 114.69M | 94.56M | 113.73M | 106.08M | 106.95M | 109.65M | 117.16M | 111.15M | 108.25M | 125.92M | 124.15M | 136.53M | 129.93M | 118.26M | 111.25M | 110.74M | 115.18M | 99.38M | 85.95M |
| Days Payables Outstanding | 68.6 | 63.75 | 67.9 | 64.82 | 69.03 | 72.24 | 75.3 | 73.92 | 70.23 | 76.86 | 84.89 | 93.51 | 90.38 | 81.61 | 75.04 | 78.27 | 83.12 | 82.84 | 72.25 | 68.59 |
| Short-Term Debt | 1.27M | 1.38M | 1.41M | 1.44M | 1.66M | 1.83M | 12.92M | 69.39M | 6.52M | 5.15M | 10.39M | 1.08M | 1.05M | 988K | 782K | 502K | 690K | 751K | 860K | 1M |
| Deferred Revenue (Current) | 15.32M | 28.71M | 34.32M | 24.98M | 24.03M | 14.81M | 13.1M | 13.89M | 14.54M | 14.76M | 14.77M | 18.88M | 14.46M | 13.84M | 14.71M | 10.82M | 9.17M | 13.76M | 16.98M | 13.72M |
| Other Current Liabilities | 17.67M | 63.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 2.19x | 2.23x | 2.17x | 2.19x | 2.41x | 2.46x | 2.46x | 1.93x | 2.69x | 2.83x | 2.59x | 2.55x | 2.56x | 2.64x | 2.44x | 2.43x | 2.63x | 2.38x | 2.54x | 2.71x |
| Quick Ratio | 1.13x | 1.09x | 1.01x | 1.01x | 1.13x | 1.10x | 1.14x | 0.87x | 1.19x | 1.26x | 1.13x | 1.10x | 1.12x | 1.22x | 1.16x | 1.05x | 1.16x | 1.00x | 1.17x | 1.30x |
| Cash Conversion Cycle | 138.35 | 150.28 | 162.76 | 163.13 | 177.01 | 178.61 | 184.7 | 192.78 | 198.21 | 196.54 | 201.16 | 213.13 | 198.52 | 184.86 | 182.55 | 195.87 | 196.04 | 194.38 | 195.47 | 212.38 |
| Total Non-Current Liabilities | 260.37M | 273.77M | 254.78M | 263.16M | 273.65M | 275.38M | 294.2M | 259.18M | 340.69M | 382.09M | 204.09M | 203.47M | 214.26M | 229.51M | 317.43M | 290.57M | 314.73M | 284.06M | 286.55M | 288.26M |
| Long-Term Debt | 142.44M | 152.34M | 131.92M | 138.55M | 157.66M | 169.55M | 185.02M | 162.15M | 246.35M | 282.3M | 127.89M | 128.54M | 137.83M | 152M | 239.13M | 247.51M | 268.85M | 233.74M | 232.37M | 231.13M |
| Capital Lease Obligations | 83.8M | 86.48M | 86.56M | 85.18M | 80.22M | 70.73M | 74.65M | 57.91M | 57.52M | 59.9M | 63.13M | 62.57M | 63.27M | 64.3M | 64.63M | 28.02M | 30.27M | 32.76M | 34.74M | 36.44M |
| Deferred Tax Liabilities | 18.22M | 19.23M | 20.43M | 20.84M | 22.46M | 22.53M | 23.68M | 28.49M | 26.55M | 28.18M | 940K | 904K | 1.94M | 1.05M | 902K | 918K | 1.05M | 1.19M | 834K | 1.52M |
| Other Non-Current Liabilities | 15.91M | 15.72M | 15.88M | 18.59M | 13.3M | 12.57M | 10.85M | 10.63M | 10.28M | 11.71M | 12.13M | 11.46M | 11.23M | 12.16M | 12.77M | 14.11M | 14.56M | 16.37M | 18.61M | 19.17M |
| Total Liabilities | 480.93M | 482.38M | 461.31M | 472.78M | 475.91M | 470.07M | 496.05M | 530.21M | 534.77M | 575.19M | 408.43M | 411.75M | 424.43M | 433.11M | 527.72M | 487.64M | 499.04M | 476.17M | 462.21M | 453.95M |
| Total Debt | 227.51M | 240.2M | 219.88M | 225.17M | 239.54M | 242.11M | 272.59M | 289.45M | 310.39M | 347.35M | 201.4M | 192.18M | 202.15M | 217.29M | 304.54M | 276.04M | 299.81M | 267.26M | 267.98M | 268.56M |
| Net Debt | 193.79M | 202.71M | 185.22M | 193.47M | 200.58M | 210.96M | 227.93M | 256.13M | 278.56M | 298.86M | 155.24M | 155.03M | 177.39M | 170.52M | 253.51M | 256.26M | 272.91M | 246.65M | 221.12M | 218.52M |
| Debt / Equity | 0.79x | 0.86x | 0.76x | 0.76x | 0.72x | 0.76x | 0.85x | 0.65x | 0.70x | 0.78x | 0.49x | 0.46x | 0.48x | 0.52x | 0.99x | 0.91x | 0.97x | 0.85x | 0.81x | 0.78x |
| Debt / EBITDA | 8.11x | 12.79x | 11.18x | 128.15x | 10.08x | 13.62x | - | 12.81x | 14.13x | 20.39x | 15.03x | 13.17x | 13.58x | 14.08x | 28.20x | 16.49x | 20.59x | 67.95x | - | 99.39x |
| Net Debt / EBITDA | 6.91x | 10.79x | 9.42x | 110.12x | 8.44x | 11.87x | - | 11.33x | 12.68x | 17.54x | 11.58x | 10.62x | 11.91x | 11.05x | 23.47x | 15.31x | 18.74x | 62.71x | - | 80.87x |
| Interest Coverage | 4.75x | 2.78x | 2.94x | -1.40x | 3.96x | 1.99x | -15.70x | -0.33x | 0.52x | 0.23x | -1.60x | 3.10x | -0.01x | 0.85x | -0.40x | 0.94x | 2.40x | 0.04x | -1.87x | -0.51x |
| Total Equity | 289.78M | 280.68M | 291.14M | 297.31M | 334.22M | 320.04M | 319.9M | 443.53M | 441.99M | 446.2M | 412.63M | 417.1M | 419.3M | 416.9M | 307.04M | 302.61M | 308.45M | 314.76M | 329.13M | 346.02M |
| Equity Growth % | -13.3% | -12.3% | -8.99% | -32.97% | -24.38% | -28.27% | -22.47% | 6.34% | 5.41% | 7.03% | 34.39% | 37.84% | 35.94% | 32.45% | -6.71% | -12.55% | -14.72% | -17.51% | -18.98% | -19.02% |
| Book Value per Share | 24.61 | 24.11 | 24.09 | 24.55 | 26.62 | 25.46 | 26.01 | 35.97 | 35.85 | 36.57 | 40.45 | 40.13 | 41.07 | 40.96 | 29.62 | 28.68 | 29.43 | 55.39 | 58.14 | 61.12 |
| Total Shareholders' Equity | 289.78M | 280.68M | 291.14M | 297.31M | 334.22M | 320.04M | 319.9M | 443.53M | 441.99M | 446.2M | 412.63M | 417.1M | 419.3M | 416.9M | 307.04M | 302.61M | 308.45M | 314.76M | 329.13M | 346.02M |
| Common Stock | 135K | 135K | 132K | 132K | 132K | 132K | 130K | 130K | 130K | 130K | 109K | 109K | 109K | 109K | 62K | 62K | 62K | 62K | 61K | 61K |
| Retained Earnings | -827.56M | -839.97M | -844.46M | -846.53M | -825.98M | -833.67M | -834.8M | -731.3M | -716.48M | -709.79M | -699.47M | -682.69M | -690.66M | -684.08M | -680.6M | -667.76M | -684.24M | -693.51M | -684.31M | -664.71M |
| Treasury Stock | -184.24M | -181.24M | -176.67M | -163.18M | -148.35M | -144.05M | -142.06M | -142.06M | -142.06M | -142.06M | -142.06M | -142.06M | -142.06M | -142.06M | -138.56M | -135.56M | -135.56M | -135.56M | -135.56M | -134.5M |
| Accumulated OCI | -122.01M | -119.08M | -115.45M | -118.03M | -113.72M | -122.73M | -123.25M | -101.16M | -115.44M | -116.06M | -115.24M | -126.3M | -115.56M | -123.31M | -127.48M | -147.07M | -124.45M | -107.99M | -101.03M | -102.89M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |