FET · Forum Energy Technologies, Inc.
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Nov 10, 2020; bars on opposite sides are not compared.
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted EBITDA non-GAAP | 32M | second quarter 2026 | — |
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| Adjusted net income non-GAAP | 14M | second quarter 2026 | — |
| Artificial Lift and Downhole book to bill ratio | 1.05 | Three months ended June 30, 2026 | — |
| Artificial Lift and Downhole orders | 91.63M | Three months ended June 30, 2026 | — |
| Average global rig count | 1,796 | Six months ended June 30, 2026 | — |
| Book-to-bill ratio | 104% | second quarter 2026 | — |
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| Diluted EPS - as adjusted non-GAAP | $1.64 | Six months ended June 30, 2026 | — |
| Diluted shares outstanding as adjusted non-GAAP | 11.71M | Six months ended June 30, 2026 | — |
| Drilling and Completions book to bill ratio | 1.04 | Three months ended June 30, 2026 | — |
| Drilling and Completions orders | 144.31M | Three months ended June 30, 2026 | — |
| EBITDA | 47.14M | Six months ended June 30, 2026 | — |
| Free cash flow, before acquisitions non-GAAP | 9.65M | Three months ended June 30, 2026 | — |
| Net leverage ratio | 1.1 | June 30, 2026 | — |
| Orders | 236M | second quarter 2026 | — |
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| Revenue per rig | $242K | Six months ended June 30, 2026 | — |
| Share repurchases | 8M | first half 2026 | — |
| Total book to bill ratio | 1.04 | Three months ended June 30, 2026 | — |
| Total EBITDA (As Adjusted) non-GAAP | 54.62M | Six months ended June 30, 2026 | — |
| Total orders | 235.94M | Three months ended June 30, 2026 | — |
| Backlog | $312M | Entering 2026 | — |
| Free cash flow non-GAAP | $80M | Full Year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Equipment & Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FET
this stock
Forum Energy Technologies, Inc.
|
$904.23M | +112.7% | -3.1% | — | 6.5% |
|
SLB
Slb Limited/Nv
|
$79.57B | +39.5% | +9.5% | 26.2 | 3.8% |
|
BKR
Baker Hughes Co
|
$62.32B | +37.9% | -0.3% | — | 2.5% |
|
FTI
TechnipFMC plc
|
$30.52B | +74.2% | +9.4% | 27.1 | 3.4% |
|
HAL
Halliburton Co
|
$29.46B | +26.3% | +22.5% | — | 4.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Nov 10, 2020; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FET | -4.6% | +36.6% | +35.5% | +25.4% | +112.7% |
| SPY | -2.0% | +3.3% | +11.2% | +2.1% | +11.8% |
| vs SPY | -2.7% | +33.3% | +24.3% | +23.3% | +100.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.