forum energy technologies - FET

FET

Close Chg Chg %
58.82 -0.68 -1.16%

Closed Market

58.14

-0.68 (1.16%)

Volume: 268.78K

Last Updated:

Apr 1, 2026, 3:59 PM EDT

Company Overview: forum energy technologies - FET

FET Key Data

Open

$58.91

Day Range

57.22 - 60.24

52 Week Range

12.78 - 63.58

Market Cap

$660.28M

Shares Outstanding

11.26M

Public Float

9.67M

Beta

0.59

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.86

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

220.45K

 

FET Performance

1 Week
 
-6.10%
 
1 Month
 
0.19%
 
3 Months
 
57.35%
 
1 Year
 
276.07%
 
5 Years
 
196.63%
 

FET Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About forum energy technologies - FET

Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry. It operates through the Drilling and Completions and Artificial Lift and Downhole segments. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in oil and natural gas, renewable energy, defense and communications. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, production and infrastructure markets. The company was founded in 2005 and is headquartered in Houston, TX.

FET At a Glance

Forum Energy Technologies, Inc.
10344 Sam Houston Park Drive
Houston, Texas 77064
Phone 1-713-351-7900 Revenue 791.47M
Industry Oilfield Services/Equipment Net Income -9,660,000.00
Sector Industrial Services Employees 1,700
Fiscal Year-end 12 / 2026
View SEC Filings

FET Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.555
Price to Book Ratio 1.408
Price to Cash Flow Ratio 6.24
Enterprise Value to EBITDA 12.027
Enterprise Value to Sales 0.804
Total Debt to Enterprise Value 0.364

FET Efficiency

Revenue/Employee 465,572.941
Income Per Employee -5,682.353
Receivables Turnover 5.214
Total Asset Turnover 1.009

FET Liquidity

Current Ratio 2.173
Quick Ratio 1.014
Cash Ratio 0.168

FET Profitability

Gross Margin 27.674
Operating Margin 2.417
Pretax Margin 2.096
Net Margin -1.221
Return on Assets -1.232
Return on Equity -3.162
Return on Total Capital -1.848
Return on Invested Capital -1.774

FET Capital Structure

Total Debt to Total Equity 79.573
Total Debt to Total Capital 44.312
Total Debt to Total Assets 30.789
Long-Term Debt to Equity 75.041
Long-Term Debt to Total Capital 41.789
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Forum Energy Technologies - FET

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
699.91M 738.86M 816.42M 791.47M
Sales Growth
+29.36% +5.57% +10.50% -3.06%
Cost of Goods Sold (COGS) incl D&A
511.39M 534.71M 561.39M 572.44M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
36.98M 34.73M 53.72M 33.76M
Depreciation
12.44M 10.80M 16.90M 13.82M
Amortization of Intangibles
24.54M 23.93M 36.82M 19.94M
COGS Growth
+22.42% +4.56% +4.99% +1.97%
Gross Income
188.53M 204.15M 255.03M 219.04M
Gross Income Growth
+52.85% +8.29% +24.92% -14.11%
Gross Profit Margin
+26.94% +27.63% +31.24% +27.67%
2022 2023 2024 2025 5-year trend
SG&A Expense
179.47M 180.39M 219.32M 199.91M
Research & Development
- - - -
-
Other SG&A
179.47M 180.39M 219.32M 199.91M
SGA Growth
+6.27% +0.51% +21.58% -8.85%
Other Operating Expense
- - - -
-
Unusual Expense
- 2.89M 129.71M 546.00K
EBIT after Unusual Expense
9.05M 20.87M (94.00M) 18.59M
Non Operating Income/Expense
32.82M (10.39M) (2.94M) 16.31M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
31.52M 18.30M 31.49M 18.31M
Interest Expense Growth
-1.51% -41.96% +72.10% -41.85%
Gross Interest Expense
31.52M 18.30M 31.49M 18.31M
Interest Capitalized
- - - -
-
Pretax Income
10.35M (7.81M) (128.43M) 16.59M
Pretax Income Growth
+112.62% -175.50% -1,543.54% +112.92%
Pretax Margin
+1.48% -1.06% -15.73% +2.10%
Income Tax
6.64M 11.06M 6.90M 26.25M
Income Tax - Current - Domestic
196.00K 101.00K 1.54M 435.00K
Income Tax - Current - Foreign
6.57M 11.16M 22.93M 20.48M
Income Tax - Deferred - Domestic
- 26.00K 85.00K (752.00K)
Income Tax - Deferred - Foreign
(156.00K) (289.00K) (16.82M) 5.33M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
3.71M (18.88M) (135.33M) (9.66M)
Minority Interest Expense
- - - -
-
Net Income
3.71M (18.88M) (135.33M) (9.66M)
Net Income Growth
+104.49% -608.51% -616.92% +92.86%
Net Margin Growth
+0.53% -2.55% -16.58% -1.22%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.71M (18.88M) (135.33M) (9.66M)
Preferred Dividends
- - - -
-
Net Income Available to Common
3.71M (18.88M) (135.33M) (9.66M)
EPS (Basic)
0.6459 -1.8484 -11.003 -0.8129
EPS (Basic) Growth
+104.41% -386.17% -495.27% +92.61%
Basic Shares Outstanding
5.75M 10.21M 12.30M 11.88M
EPS (Diluted)
0.6238 -1.8484 -11.003 -0.8129
EPS (Diluted) Growth
+104.26% -396.31% -495.27% +92.61%
Diluted Shares Outstanding
5.95M 10.21M 12.30M 11.88M
EBITDA
46.03M 58.49M 89.42M 52.89M
EBITDA Growth
+1,466.37% +27.07% +52.88% -40.86%
EBITDA Margin
+6.58% +7.92% +10.95% +6.68%

Snapshot

Average Recommendation HOLD Average Target Price 49.00
Number of Ratings 1 Current Quarters Estimate 0.49
FY Report Date 06 / 2026 Current Year's Estimate 2.02
Last Quarter’s Earnings 0.44 Median PE on CY Estimate N/A
Year Ago Earnings 0.63 Next Fiscal Year Estimate 2.68
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate 0.49 0.53 2.02 2.68
High Estimates 0.50 0.56 2.05 3.11
Low Estimate 0.48 0.49 1.99 2.25
Coefficient of Variance 2.89 9.43 2.10 22.69

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Forum Energy Technologies - FET

Date Name Shares Transaction Value
Mar 10, 2026 D. Lyle Williams EVP, CFO 24,720 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Steven Pounds SVP Operations 2,658 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Mark Brookes SVP 24,885 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.7 per share 1,435,864.50
Mar 10, 2026 Mark Brookes SVP 25,637 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Neal A. Lux President & CEO 28,797 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Neal A. Lux President & CEO 61,799 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Neal A. Lux President & CEO 347,483 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.17 per share 19,865,603.11
Mar 10, 2026 Neal A. Lux President & CEO 358,814 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Neal A. Lux President & CEO 330,017 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.7 per share 19,041,980.90
Mar 10, 2026 Neal A. Lux President & CEO 342,176 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 D. Lyle Williams EVP, CFO 11,519 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Michael Dewayne Danford SVP & CHO 56,485 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 D. Lyle Williams EVP, CFO 143,249 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.17 per share 8,189,545.33
Mar 10, 2026 D. Lyle Williams EVP, CFO 147,781 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 D. Lyle Williams EVP, CFO 136,262 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.7 per share 7,862,317.40
Mar 10, 2026 D. Lyle Williams EVP, CFO 141,125 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Michael Dewayne Danford SVP & CHO 3,544 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Michael Dewayne Danford SVP & CHO 7,606 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 10, 2026 Michael Dewayne Danford SVP & CHO 57,139 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.17 per share 3,266,636.63
Mar 10, 2026 Michael Dewayne Danford SVP & CHO 58,533 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Forum Energy Technologies in the News