SequelSEC

FORUM ENERGY TECHNOLOGIES, INC. FET

Oil & Gas Field Machinery & Equipment · CIK 0001401257 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$873.93M
Fiscal year ended 2026-09-30
Operating income
$64.24M
Fiscal year ended 2026-09-30
Free cash flow
$62.05M
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$225.50MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$20.03Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Oil & Gas Field Machinery & Equipment filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue0.8%11th
Effective tax rate158.2%89th
Long-term debt / equity0.46x82th
Net margin-1.2%31th
Revenue YoY growth-3.1%31th
Operating margin3.8%36th
SBC / revenue1.1%36th
FCF margin8.1%56th
Current ratio2.17x46th
Gross margin27.7%50th

FORUM ENERGY TECHNOLOGIES, INC. (FET) reported revenue of $873.93M and net income of $30.20M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from FORUM ENERGY TECHNOLOGIES, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Oil & Gas Field Machinery & Equipment.

Income

FORUM ENERGY TECHNOLOGIES, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Revenue$873.93M
Cost of revenue$606.09M
Gross profit$267.84M
Operating income$64.24M
Net income$30.20M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$46.84M
Income tax expense$16.64M
Diluted EPSUnavailable
Selling, general & administrative$202.44M
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

FORUM ENERGY TECHNOLOGIES, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Cash & equivalents$35.17M
Total assets$808.02M
Current assets$498.53M
Total liabilities$489.83M
Current liabilities$244.07M
Total equity incl. NCI$318.19M
Temporary (mezzanine) equityUnavailable
Inventory$245.06M
Accounts receivable$178.28M
Goodwill$77.23M
Long-term debt$126.55M
Accounts payable$132.56M

Cash flow

FORUM ENERGY TECHNOLOGIES, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Operating cash flow$68.52M
Capital expenditures$6.47M
Investing cash flow-$17.28M
Financing cash flow-$47.66M
Net change in cash$3.48M
Stock-based compensation$10.38M
Common dividends paidUnavailable
Common share repurchases$22.45M
Depreciation & amortizationUnavailable

Derived

FORUM ENERGY TECHNOLOGIES, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Free cash flow$62.05M
Gross margin30.6%
Operating margin7.4%
FCF margin7.1%
SBC / revenue1.2%
Current ratio2.04x
Revenue YoY growth10.6%
Net margin3.5%
R&D / revenueUnavailable
CapEx / revenue0.7%
Long-term debt / equity0.40x
Effective tax rate35.5%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FET in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-30View SEC filing
10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-08View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.