FET · Forum Energy Technologies, Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $806.9M | $791.47M | $816.43M | $738.86M | $699.91M | $541.07M | $512.48M | $956.53M | $1.06B | $818.62M | $587.64M | $1.07B | $1.74B | $1.52B | $1.41B | $1.13B | $747.34M | |
| $585.23M | $572.44M | $561.39M | $534.71M | $511.39M | $417.73M | $523.5M | $711.68M | $807.85M | $629.83M | $487.9M | $810.98M | $1.18B | $1.05B | $951.88M | $765.67M | $533.08M | |
| $221.67M | $219.04M | $255.03M | $204.15M | $188.53M | $123.34M | -$11.02M | $244.85M | $256.37M | $188.79M | $99.74M | $262.68M | $559.45M | $475.23M | $463.06M | $362.46M | $214.26M | |
| — | 27.67% | 31.24% | 27.63% | 26.94% | 22.8% | -2.15% | 25.6% | 24.09% | 23.06% | 16.97% | 24.47% | 32.16% | 31.17% | 32.73% | 32.13% | 28.67% | |
| $200.53M | $199.91M | $219.33M | $180.39M | $179.47M | $168.89M | $197.68M | $251.74M | $286.98M | $253.71M | $227.01M | $264.91M | $312.82M | $269.67M | $225.27M | $186.77M | $141.44M | |
| — | $19.94M | $36.82M | $23.93M | $24.54M | $25.11M | $26.52M | $32.61M | $41.36M | $30.73M | $26.12M | $27.3M | $27.66M | $24.41M | $20.35M | $14.53M | $11.33M | |
| — | $33.76M | $53.72M | $34.73M | $36.98M | $42.18M | $51M | $63.24M | $74.51M | $65.13M | $61.76M | — | — | — | $51.8M | $40.78M | $33.22M | |
| $189.32M | $188.89M | $341.8M | $183.44M | $171.2M | $167.83M | $220.6M | $780.68M | $653.51M | $331.38M | $230.51M | $391.22M | $316.58M | $272.98M | $222.18M | $201.85M | $140.98M | |
| $32.35M | $30.15M | -$86.77M | $20.72M | $17.33M | -$44.49M | -$231.62M | -$536.15M | -$397M | -$141.6M | -$128.95M | -$113.72M | $268.04M | $209.55M | $240.88M | $160.61M | $73.28M | |
| — | 3.81% | -10.63% | 2.8% | 2.48% | -8.22% | -45.2% | -56.05% | -37.3% | -17.3% | -21.94% | -10.59% | 15.41% | 13.74% | 17.02% | 14.24% | 9.81% | |
| — | $63.9M | -$33.05M | $55.44M | $54.3M | -$2.32M | -$180.62M | -$472.91M | -$322.49M | -$76.47M | -$67.19M | — | — | — | $292.68M | $201.39M | $106.49M | |
| $28.32M | — | — | — | — | — | — | — | — | $26.81M | $27.41M | $29.95M | $29.85M | $18.37M | $16.37M | $19.53M | $18.19M | |
| -$13.26M | -$13.56M | -$41.66M | -$28.53M | -$6.98M | -$37.52M | $121.85M | -$32.73M | $7.24M | $86.32M | -$9.05M | -$20.6M | -$25.52M | -$23.47M | -$18.09M | -$19.91M | -$28.93M | |
| — | — | — | — | — | — | $0 | -$318K | $140K | $1M | $1.82M | $14.82M | $25.16M | $7.31M | $0 | $0 | — | |
| $19.09M | $16.59M | -$128.43M | -$7.81M | $10.35M | -$82.01M | -$109.77M | -$568.87M | -$389.75M | -$55.28M | -$138M | -$134.32M | $242.52M | $186.08M | $222.8M | $140.7M | $44.35M | |
| $25.38M | $26.25M | $6.9M | $11.06M | $6.64M | $642K | -$12.88M | -$1.81M | -$15.67M | $4.12M | -$56.05M | -$14.94M | $68.15M | $56.48M | $71.27M | $47.11M | $20.3M | |
| -$6.29M | -$9.66M | -$135.33M | -$18.88M | $3.71M | -$82.65M | -$96.89M | -$567.06M | -$374.08M | -$59.4M | -$81.98M | -$119.35M | $174.37M | $129.54M | $151.46M | $93.34M | $23.94M | |
| — | -1.22% | -16.58% | -2.55% | 0.53% | -15.28% | -18.91% | -59.28% | -35.15% | -7.26% | -13.95% | -11.12% | 10.02% | 8.5% | 10.7% | 8.27% | 3.2% | |
| — | — | — | — | — | — | — | — | $0 | $0 | $30K | -$31K | $12K | $65K | $74K | $251K | $111K | |
| — | — | — | — | — | -$83.29M | -$88.34M | -$560.77M | -$397.34M | -$23.13M | -$128.17M | -$164.44M | $129.62M | $137.42M | $167.37M | $89.84M | $18.98M | |
| USD/shares | — | -$0.81 | -$11.00 | -$1.85 | $0.65 | -$14.65 | -$17.37 | -$103.01 | -$68.80 | -$12.00 | -$18.00 | -$26.60 | $37.60 | $28.60 | $37.80 | $29.60 | $8.80 |
| USD/shares | — | -$0.81 | -$11.00 | -$1.85 | $0.62 | -$14.65 | -$17.37 | -$103.01 | -$68.80 | -$12.00 | -$18.00 | -$26.60 | $36.60 | $27.40 | $34.80 | $27.60 | $8.80 |
| shares | — | 11.88M | 12.3M | 10.21M | 5.75M | 5.64M | 5.58M | 5.51M | 5.44M | 4.93M | 4.56M | 4.5M | 4.63M | 4.53M | 4.01M | 3.16M | 2.69M |
| shares | — | 11.88M | 12.3M | 10.21M | 5.95M | 5.64M | 5.58M | 5.51M | 5.44M | 4.93M | 4.56M | 4.5M | 4.77M | 4.73M | 4.35M | 3.37M | 2.72M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $187.94M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 34 similar-size Oil & Gas Equipment & Services companies (of 43 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Drilling and Completions Segment | $477,191,000 | $470,745,000 | — | — | — | — | — | — |
| Artificial Lift and Downhole Segment | $314,785,000 | $345,680,000 | — | — | — | — | — | — |
| Completions | — | — | $265,628,000 | $264,951,000 | $185,018,000 | $118,685,000 | $305,089,000 | $373,107,000 |
| Drilling and Downhole | — | — | $329,576,000 | $304,565,000 | $239,895,000 | $216,836,000 | $334,829,000 | — |
| Drilling and Subsea | — | — | — | — | — | — | — | $334,019,000 |
| Production and Infrastructure | — | — | $145,864,000 | $131,519,000 | $116,710,000 | $177,510,000 | $320,996,000 | $361,407,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Artificial Lift and Downhole Segment | $41,174,000 | $48,894,000 | $31,583,000 | — | — | — | — | — |
| Drilling and Completions Segment | $12,835,000 | $17,744,000 | $19,364,000 | — | — | — | — | — |
| Completions | — | — | $10,788,000 | $11,565,000 | -$4,532,000 | -$97,304,000 | $6,581,000 | $31,924,000 |
| Drilling and Downhole | — | — | $33,767,000 | $32,201,000 | $4,749,000 | -$47,964,000 | $7,343,000 | — |
| Drilling and Subsea | — | — | — | — | — | — | $7,343,000 | -$33,335,000 |
| Production and Infrastructure | — | — | $6,462,000 | -$443,000 | -$14,354,000 | -$33,418,000 | $7,802,000 | $6,022,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Drilling and Completions Segment | 2.7% | 3.8% | — | — | — | — | — | — |
| Artificial Lift and Downhole Segment | 13.1% | 14.1% | — | — | — | — | — | — |
| Completions | — | — | 4.1% | 4.4% | -2.4% | -82% | 2.2% | 8.6% |
| Drilling and Downhole | — | — | 10.2% | 10.6% | 2% | -22.1% | 2.2% | — |
| Drilling and Subsea | — | — | — | — | — | — | — | -10% |
| Production and Infrastructure | — | — | 4.4% | -0.3% | -12.3% | -18.8% | 2.4% | 1.7% |