Forum Energy Technologies/$FET
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About Forum Energy Technologies
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
Ticker
$FET
Sector
Primary listing
NYSE
Employees
1,700
Headquarters
Website
FET Metrics
BasicAdvanced
$569m
-
-$0.54
0.54
-
Price and volume
Market cap
$569m
Beta
0.54
52-week high
$65.43
52-week low
$18.12
Average daily volume
150k
Financial strength
Current ratio
2.226
Quick ratio
0.987
Long term debt to equity
85.083
Total debt to equity
85.576
Interest coverage (TTM)
1.21%
Profitability
EBITDA (TTM)
53.718
Gross margin (TTM)
27.47%
Net profit margin (TTM)
-0.78%
Operating margin (TTM)
2.62%
Effective tax rate (TTM)
132.96%
Revenue per employee (TTM)
$470,000
Management effectiveness
Return on assets (TTM)
1.70%
Return on equity (TTM)
-2.09%
Valuation
Price to revenue (TTM)
0.724
Price to book
2.01
Price to tangible book (TTM)
4.38
Price to free cash flow (TTM)
9.984
Free cash flow yield (TTM)
10.02%
Free cash flow per share (TTM)
5.042
Growth
Revenue change (TTM)
-0.05%
Earnings per share change (TTM)
-94.61%
3-year revenue growth (CAGR)
3.22%
10-year revenue growth (CAGR)
-0.92%
3-year earnings per share growth (CAGR)
-25.94%
10-year earnings per share growth (CAGR)
-34.61%
FET News
AllArticlesVideos

Forum Energy Technologies to Present at the Planet MicroCap Las Vegas 2026 Conference
Business Wire·2 days ago

Forum Energy Technologies Announces First Quarter 2026 Results; Raises Full Year 2026 Adjusted EBITDA Guidance
Business Wire·2 months ago

Forum Energy Technologies Announces Timing of First Quarter 2026 Earnings Conference Call
Business Wire·2 months ago
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