forum energy technologies - FET

FET

Close Chg Chg %
37.41 -0.42 -1.12%

Closed Market

36.99

-0.42 (1.12%)

Volume: 166.02K

Last Updated:

Dec 31, 2025, 3:59 PM EDT

Company Overview: forum energy technologies - FET

FET Key Data

Open

$37.46

Day Range

36.86 - 38.38

52 Week Range

12.78 - 38.45

Market Cap

$420.42M

Shares Outstanding

11.38M

Public Float

10.51M

Beta

0.59

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$9.46

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

127.07K

 

FET Performance

1 Week
 
0.54%
 
1 Month
 
4.85%
 
3 Months
 
43.00%
 
1 Year
 
138.54%
 
5 Years
 
210.50%
 

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 816.43M
Industry Oilfield Services/Equipment Net Income -135,326,000.00
Sector Industrial Services 2024 Sales Growth 10.497%
Fiscal Year-end 12 / 2025 Employees 1,800
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 0.233
Price to Book Ratio 0.595
Price to Cash Flow Ratio 2.07
Enterprise Value to EBITDA 4.679
Enterprise Value to Sales 0.513
Total Debt to Enterprise Value 0.651

FET Efficiency

Revenue/Employee 453,569.444
Income Per Employee -75,181.111
Receivables Turnover 4.909
Total Asset Turnover 0.997

FET Liquidity

Current Ratio 2.455
Quick Ratio 1.14
Cash Ratio 0.221

FET Profitability

Gross Margin 31.238
Operating Margin 4.374
Pretax Margin -15.73
Net Margin -16.575
Return on Assets -16.533
Return on Equity -36.947
Return on Total Capital -22.84
Return on Invested Capital -22.874

FET Capital Structure

Total Debt to Total Equity 85.212
Total Debt to Total Capital 46.008
Total Debt to Total Assets 33.408
Long-Term Debt to Equity 81.172
Long-Term Debt to Total Capital 43.827
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Forum Energy Technologies - FET

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
541.07M 699.91M 738.86M 816.42M
Sales Growth
+5.58% +29.36% +5.57% +10.50%
Cost of Goods Sold (COGS) incl D&A
417.73M 511.39M 534.71M 561.39M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
42.18M 36.98M 34.73M 53.72M
Depreciation
17.06M 12.44M 10.80M 16.90M
Amortization of Intangibles
25.11M 24.54M 23.93M 36.82M
COGS Growth
-20.20% +22.42% +4.56% +4.99%
Gross Income
123.34M 188.53M 204.15M 255.03M
Gross Income Growth
+1,219.15% +52.85% +8.29% +24.92%
Gross Profit Margin
+22.80% +26.94% +27.63% +31.24%
2021 2022 2023 2024 5-year trend
SG&A Expense
168.89M 179.47M 180.39M 219.32M
Research & Development
- - - -
-
Other SG&A
168.89M 179.47M 180.39M 219.32M
SGA Growth
-14.56% +6.27% +0.51% +21.58%
Other Operating Expense
- - - -
-
Unusual Expense
- 5.29M 2.89M 129.71M
EBIT after Unusual Expense
(50.84M) 9.05M 20.87M (94.00M)
Non Operating Income/Expense
835.00K 32.82M (10.39M) (2.94M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
32.01M 31.52M 18.30M 31.49M
Interest Expense Growth
+5.75% -1.51% -41.96% +72.10%
Gross Interest Expense
32.01M 31.52M 18.30M 31.49M
Interest Capitalized
- - - -
-
Pretax Income
(82.01M) 10.35M (7.81M) (128.43M)
Pretax Income Growth
+25.29% +112.62% -175.50% -1,543.54%
Pretax Margin
-15.16% +1.48% -1.06% -15.73%
Income Tax
642.00K 6.64M 11.06M 6.90M
Income Tax - Current - Domestic
1.24M 196.00K 101.00K 1.54M
Income Tax - Current - Foreign
(3.38M) 6.57M 11.16M 22.93M
Income Tax - Deferred - Domestic
(169.00K) 26.00K 85.00K (752.00K)
Income Tax - Deferred - Foreign
2.96M (156.00K) (289.00K) (16.82M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(82.65M) 3.71M (18.88M) (135.33M)
Minority Interest Expense
- - - -
-
Net Income
(82.65M) 3.71M (18.88M) (135.33M)
Net Income Growth
+14.70% +104.49% -608.51% -616.92%
Net Margin Growth
-15.28% +0.53% -2.55% -16.58%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(82.65M) 3.71M (18.88M) (135.33M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(82.65M) 3.71M (18.88M) (135.33M)
EPS (Basic)
-14.6466 0.6459 -1.8484 -11.003
EPS (Basic) Growth
+15.69% +104.41% -386.17% -495.27%
Basic Shares Outstanding
5.64M 5.75M 10.21M 12.30M
EPS (Diluted)
-14.6466 0.6238 -1.8484 -11.003
EPS (Diluted) Growth
+15.69% +104.26% -396.31% -495.27%
Diluted Shares Outstanding
5.64M 5.95M 10.21M 12.30M
EBITDA
(3.37M) 46.03M 58.49M 89.42M
EBITDA Growth
+97.86% +1,466.37% +27.07% +52.88%
EBITDA Margin
-0.62% +6.58% +7.92% +10.95%

Snapshot

Average Recommendation HOLD Average Target Price 33.00
Number of Ratings 1 Current Quarters Estimate 0.32
FY Report Date 03 / 2026 Current Year's Estimate 1.635
Last Quarter’s Earnings 0.36 Median PE on CY Estimate N/A
Year Ago Earnings 0.55 Next Fiscal Year Estimate 4.26
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 2 1
Mean Estimate 0.32 0.43 1.64 4.26
High Estimates 0.32 0.43 2.56 4.26
Low Estimate 0.32 0.43 0.71 4.26
Coefficient of Variance N/A N/A 80.01 N/A

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
Feb 20, 2025 D. Lyle Williams EVP, CFO 74,058 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2025 Steven Pounds SVP Operations 1,078 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Neal A. Lux President & CEO 167,315 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 $19.37 per share 3,240,891.55
Feb 20, 2025 Neal A. Lux President & CEO 170,056 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2025 Neal A. Lux President & CEO 163,089 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 $19.37 per share 3,159,033.93
Feb 20, 2025 Neal A. Lux President & CEO 168,823 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 D. Lyle Williams EVP, CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 D. Lyle Williams EVP, CFO 6,835 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 D. Lyle Williams EVP, CFO 78,052 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 $19.87 per share 1,550,893.24
Feb 20, 2025 D. Lyle Williams EVP, CFO 81,514 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 D. Lyle Williams EVP, CFO 72,714 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 $19.37 per share 1,408,470.18
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 35,681 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 D. Lyle Williams EVP, CFO 70,640 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 $19.37 per share 1,368,296.80
Feb 20, 2025 D. Lyle Williams EVP, CFO 73,327 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Michael Dewayne Danford SVP & CHO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 2,103 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 37,177 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 $19.87 per share 738,706.99
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 38,670 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 35,326 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 $19.37 per share 684,264.62
Feb 20, 2025 Michael Dewayne Danford SVP & CHO 35,795 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Forum Energy Technologies in the News