Forum Energy Technologies Inc FET Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$69.69 up $2.09, 3.09% at close Nov 6
Last close · Previous close $67.60
- Market cap
- At the Nov 6 close
- P/E ratio
- 27.55On last 12 months’ EPS
- Diluted EPS
- $2.53Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$69.69up $2.09, 3.09%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$67.60Nov 5
- Volume161.48KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume187.32KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $28.50 to $91.99; now $69.69
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FET beat the S&P 500 in 4 of 7 periods.
| Period | FET and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FET: down 17.5% S&P 500: down 5.6% | FET trailed the S&P 500 by 11.9 percentage points Trailed |
| 3M | FET: down 7.4% S&P 500: down 4.1% | FET trailed the S&P 500 by 3.3 percentage points Trailed |
| YTD | FET: up 88.6% S&P 500: up 8.7% | FET beat the S&P 500 by 79.9 percentage points Beat |
| 1Y | FET: up 142.5% S&P 500: up 10.9% | FET beat the S&P 500 by 131.6 percentage points Beat |
| Long term | ||
| 3Y | FET: up 188.0% S&P 500: up 75.0% +42.3% vs +20.5% a year | FET beat the S&P 500 by 113.0 percentage points Beat |
| 5Y | FET: up 212.0% S&P 500: up 67.8% +25.6% vs +10.9% a year | FET beat the S&P 500 by 144.2 percentage points Beat |
| 10Y | FET: down 79.6% S&P 500: up 313.1% −14.7% vs +15.2% a year | FET trailed the S&P 500 by 392.7 percentage points Trailed |
$10,000 invested in FET 10 years ago (Nov 4, 2016) would be worth about $2,038 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
FET beat the S&P 500 in 4 of 7 periods.
| Period | FET and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FET: down 17.5% S&P 500: down 5.6% | FET trailed the S&P 500 by 11.9 percentage points Trailed |
| 3M | FET: down 7.4% S&P 500: down 4.3% | FET trailed the S&P 500 by 3.1 percentage points Trailed |
| YTD | FET: up 88.6% S&P 500: up 7.8% | FET beat the S&P 500 by 80.8 percentage points Beat |
| 1Y | FET: up 142.5% S&P 500: up 9.7% | FET beat the S&P 500 by 132.8 percentage points Beat |
| Long term | ||
| 3Y | FET: up 188.0% S&P 500: up 68.8% +42.3% vs +19.1% a year | FET beat the S&P 500 by 119.2 percentage points Beat |
| 5Y | FET: up 212.0% S&P 500: up 56.9% +25.6% vs +9.4% a year | FET beat the S&P 500 by 155.1 percentage points Beat |
| 10Y | FET: down 79.6% S&P 500: up 252.6% −14.7% vs +13.4% a year | FET trailed the S&P 500 by 332.2 percentage points Trailed |
$10,000 invested in FET 10 years ago (Nov 4, 2016) would be worth about $2,038 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$734.40
Closing high on . Now 90.5% below that record.
Split-adjusted daily closes since Apr 12, 2012.
Stock splits
1
1-for-20 on . Share counts adjust after each split.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $873.93Mup 10.6%
- Net income
- $30.20M
- Diluted EPS
- $2.53
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $201.02M | −$103.50M | −$8.41 |
| Q1 FY25 (Mar 31, 2025) | $193.28M | $1.12M | $0.09 |
| Q2 FY25 (Jun 30, 2025) | $199.76M | $7.70M | $0.61 |
| Q3 FY25 (Sep 30, 2025) | $196.23M | −$20.55M | −$1.76 |
| Q4 FY25 (Dec 31, 2025) | $202.20M | $2.07M | $0.16 |
| Q1 FY26 (Mar 31, 2026) | $208.70M | $4.49M | $0.39 |
| Q2 FY26 (Jun 30, 2026) | $226.22M | $12.41M | $1.05 |
| Q3 FY26 (Sep 30, 2026) | $236.81M | $11.23M | $0.93 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $541.07M | −$82.65M | −$14.65 |
| FY22 (Dec 31, 2022) | $699.91M | $3.71M | $0.62 |
| FY23 (Dec 31, 2023) | $738.86M | −$18.88M | −$1.85 |
| FY24 (Dec 31, 2024) | $816.43M | −$135.33M | −$11.00 |
| FY25 (Dec 31, 2025) | $791.47M | −$9.66M | −$0.81 |
Margins
- Gross 30.6%
- Operating 7.4%
- Net 3.5%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $63.08MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$68.52MLast 12 months
- Capital spending$5.45MLast 12 months
- 7.2%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $22.45MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$22.45MLast 12 months
36% of free cash flow
Balance sheet
- $35.17MAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$209.73MAs of Sep 30, 2026
- Net debt$174.56MAs of Sep 30, 2026
- 2.04As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.66As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 10.2%Last 12 months
Over the last 12 months, Forum Energy Technologies’s net income was 10.2% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 3.9%Last 12 months
Over the last 12 months, Forum Energy Technologies’s net income was 3.9% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Forum Energy Technologies Inc
Forum Energy Technologies, Inc. is an oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company designs and manufactures products, and engage in aftermarket services, parts supply and related services that complement its product offering. It operates in two segments: Drilling and Subsea Segment and Production and Infrastructure Segment. In December 2012, the Company acquired Merrimac Manufacturing, Inc. (Merrimac). In May 2013, the Company acquired Blohm + Voss Oil Tools from STAR Capital Partners Limited. In July 2013, Forum Energy Technologies Inc acquired Moffat 2000 Ltd.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
FET news
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FET stock FAQ
What is FET stock’s price today?
Forum Energy Technologies (FET) traded at $69.69 at the close on , up $2.09 (3.09%) from the previous close of $67.60. Over the past 52 weeks it has traded between $28.50 and $91.99.
If you invested $1,000 in FET 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in FET on would be worth about $204 at the close on , a total return of −79.6%. The same $1,000 would be worth $3,120 if invested five years ago and $2,425 if invested one year ago. Past performance doesn’t predict future returns.
What is FET’s P/E ratio?
FET trades at 27.5 times its diluted earnings over the four quarters to ($2.53 per share), at the close. (How the P/E ratio works.)
How much revenue does Forum Energy Technologies make?
Forum Energy Technologies reported $873.9 million of revenue over the four quarters to , up 10.6% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $236.8 million, up 20.7% from a year earlier.
Is Forum Energy Technologies profitable?
Yes. Forum Energy Technologies earned $30.2 million of net income over the four quarters to , a net margin of 3.5%, and its operating margin was 7.4% (what margins tell you).
What are FET’s earnings per share?
FET’s diluted earnings per share were $2.53 over the four quarters to , compared with −$9.47 in the twelve months before. The latest quarter (Q3 FY26) brought $0.93 per share, against −$1.76 a year earlier (how EPS works).
Does FET pay a dividend?
Forum Energy Technologies hasn’t paid a dividend in the last twelve months.
What is FET’s 52-week high and low?
Over the past 52 weeks FET has traded as low as $28.50 and as high as $91.99. At $69.69 at the close on , it is 24.2% below that high and 144.5% above the low.
What is FET’s all-time high?
FET’s highest closing price was $734.40 on , adjusted for stock splits. At $69.69 at the close on , it is 90.5% below that record.
Has FET stock ever split?
Yes, once: 1-for-20 on .
How has FET stock performed?
Including dividends and measured to the close on , FET has returned +88.6% so far this year and +142.5% over the past year, and +212.0% over five years (+25.6% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Forum Energy Technologies in?
Forum Energy Technologies is in the Energy sector and the Oil & Gas Equipment & Services industry, and is headquartered in Texas, USA.
What exchange does FET trade on?
Forum Energy Technologies trades on the NYSE under the ticker symbol FET. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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