Skip to main content
Back
FET logo

Forum Energy Technologies, Inc.

Data quality: 100%
FET
NYSE Energy Oil & Gas Equipment & Services
$59.09
▲ $2.80 (4.97%)
Mkt Cap: 672.32M
Day Range
$55.74 $59.26
52-Week Range
$12.78 $63.58
Volume
238,288
50D / 200D Avg
$50.42 / $32.38
Prev Close
$56.29

Price History

Financial Trends

Peer Comparison

vs Energy sector median (303 peers)

Metric Stock Sector Median
P/E -69.6 13.0
P/B 2.3 1.6
ROE % -3.2 9.9
Net Margin % -1.2 7.9
Rev Growth 5Y % 10.0 9.4
D/E 0.8 0.5

Key Takeaways

Revenue grew 9.97% annually over 5 years — modest growth
Generating 64.39M in free cash flow
PEG of 0.49 suggests growth is underpriced
Revenue growth is decelerating — 1Y growth trails 5Y average by 13.03%
Capital efficient — spends only 0.76% of revenue on capex
ROIC of 2.74% — low return on invested capital

Growth

Revenue Growth (5Y)
9.97%
Revenue (1Y)-3.06%
Earnings (1Y)N/A
FCF Growth (3Y)1541.35%

Quality

Return on Equity
-3.16%
ROIC2.74%
Net Margin-1.22%
Op. Margin2.42%

Safety

Debt / Equity
0.80
Current Ratio2.17
Interest Coverage1.04

Valuation

P/E Ratio
-69.60
P/B Ratio2.31
EV/EBITDA45.44
Dividend Yield0.00%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -3.06% Revenue Growth (3Y) 3.50%
Earnings Growth (1Y) N/A Earnings Growth (3Y) N/A
Revenue Growth (5Y) 9.97% Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) 791.47M Net Income (TTM) -9.66M
ROE -3.16% ROA -1.28%
Gross Margin 27.67% Operating Margin 2.42%
Net Margin -1.22% Free Cash Flow (TTM) 64.39M
ROIC 2.74% FCF Growth (3Y) 1541.35%
Safety
Debt / Equity 0.80 Current Ratio 2.17
Interest Coverage 1.04 Dividend Yield 0.00%
Valuation
P/E Ratio -69.60 P/B Ratio 2.31
P/S Ratio 0.85 PEG Ratio 0.49
EV/EBITDA 45.44 Dividend Yield 0.00%
Market Cap 672.32M Enterprise Value 869.33M

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 791.47M 816.43M 738.86M 699.91M 541.10M
Net Income -9.66M -135.33M -18.88M 3.71M -82.70M
EPS (Diluted) -0.81 -11.00 -1.85 0.36 -14.66
Gross Profit 219.04M 255.03M 204.15M 188.53M 123.30M
Operating Income 19.13M -86.77M 20.72M 17.33M -45.60M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 752.46M 815.95M 821.06M 834.76M 791.34M
Total Liabilities 461.31M 496.05M 408.43M 527.72M 462.21M
Shareholders' Equity 291.14M 319.90M 412.63M 307.04M 329.13M
Total Debt 231.67M 272.59M 201.40M 304.54M 267.98M
Cash & Equivalents 34.66M 44.66M 46.17M 51.03M 46.86M
Current Assets 448.88M 495.64M 529.60M 512.87M 446.73M
Current Liabilities 206.53M 201.86M 204.34M 210.29M 175.66M