Forum Energy Technologies/$FET
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- Energy
- Primary listing
- NYSE
- Employees
- 1,700
- Headquarters
- Houston, United States
- Website
- f-e-t.com
FET Metrics
BasicAdvanced
$800M
26.87
$2.59
0.68
-
Price and volume
Market cap
$800M
Beta
0.68
52-week high
$91.99
52-week low
$28.00
Average daily volume
185K
Financial strength
Current ratio
2.043
Quick ratio
0.875
Long term debt to equity
0.656
Total debt to equity
0.659
Interest coverage (TTM)
3.91%
Profitability
EBITDA (TTM)
95.819
Gross margin (TTM)
30.65%
Net profit margin (TTM)
3.46%
Operating margin (TTM)
7.48%
Effective tax rate (TTM)
35.52%
Revenue per employee (TTM)
$510,000
Management effectiveness
Return on assets (TTM)
5.18%
Return on equity (TTM)
9.81%
Valuation
Price to earnings (TTM)
26.87
Price to revenue (TTM)
0.9
Price to book
2.51
Price to tangible book (TTM)
5.39
Price to free cash flow (TTM)
12.681
Free cash flow yield (TTM)
7.89%
Free cash flow per share (TTM)
5.495
Growth
Revenue change (TTM)
10.58%
Earnings per share change (TTM)
-127.38%
3-year revenue growth (CAGR)
5.50%
10-year revenue growth (CAGR)
3.22%
3-year earnings per share growth (CAGR)
0.46%
10-year earnings per share growth (CAGR)
-25.84%
What the Analysts think about FET
Analyst ratings (Buy, Hold, Sell) for Forum Energy Technologies stock.
Analyst projections of the future price of Forum Energy Technologies stock.
Bulls say / Bears say
Second-quarter revenue rose 13% year on year and adjusted EBITDA increased 39% sequentially. FET raised its full-year 2026 revenue and EBITDA forecasts, pointing to stronger earnings momentum. (Forum Energy Technologies)
Orders exceeded revenue in the second quarter, giving FET a 104% book-to-bill ratio; this was the fifth time in six quarters that orders had outpaced sales. That supports near-term revenue visibility, although it does not guarantee future orders. (Forum Energy Technologies)
FET reported initial orders for stationary cooling and a meaningful order for its Powertron offering, expanding its data-centre and mobile-power products. These could add growth beyond its traditional oilfield markets if customer interest converts into repeat business. (StockAnalysis)
Despite elevated energy prices, global active rig counts fell from the first quarter and remained below the prior-year level. Customer capital discipline and weaker activity could limit demand for FET’s equipment and consumables. (SEC)
Second-quarter orders were about $236 million, down from $263 million a year earlier. The 104% book-to-bill ratio is positive, but the year-on-year fall in orders raises questions about how durable demand will be. (SEC)
Cash from operations fell to $14.1 million in the first half of 2026 from $25.1 million a year earlier, with higher receivables from increased sales contributing to the decline. If working capital continues to absorb cash, FET may find it harder to convert stronger earnings into funds for debt reduction and investment. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 15 Oct 2026.
FET Financial Performance
Revenues and expenses
FET Earnings Performance
Company profitability
Upcoming events
No upcoming events
FET News
AllArticlesVideos
Forum Energy Technologies Q3 Earnings Call Highlights
MarketBeat1 week ago
Forum Energy Technologies Announces Third Quarter 2026 Results; Raises Full Year 2026 Guidance
Business Wire1 week ago
Forum Energy Technologies Announces Timing of Third Quarter 2026 Earnings Conference Call
Business Wire4 weeks ago
Funds containing FET
Fund name | Fund size | $FET weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.03% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.03% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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