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NYSE · Oil & Gas Equipment & Services · USD

Forum Energy Technologies, Inc. (FET) Stock Analysis

Forum Energy Technologies, Inc. (FET) is a Oil & Gas Equipment & Services stock listed on NYSE and quoted in US Dollar.

FET

$80.29

−$1.58 (−1.93%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FET Key Statistics

As of Sep 4, 2026
Trading
Open
$81.11
Previous Close
$81.87
Day's Range
77.10–82.00
52-Week Range
25.07–87.42
Volume
269.40K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.59
Valuation
Market Cap
$921.14M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
16.19
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.87
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.11
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.07
Financials (FY)
Revenue (FY)
$791.47M−3.06%
Net Income (FY)
−$9.66M
Profit marginThe share of revenue left as profit after all costs and taxes.
−0.19%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
11.47M
1-Year Return
+201.62%
Dividend and dates
Earnings Date
October 29, 2026estimated
Avg Volume
191.06K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

FET Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+117.29%
2025+138.54%
2024−30.13%
2023−24.85%
2022+83.80%
2021+34.87%
2020−64.58%
2019−59.32%
2018−73.44%
2017−29.32%
2016 (partial year)+28.81%

As of September 4, 2026.

FET Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$791.47M−$9.66M−1.2%
2024$816.43M−$135.33M−16.6%
2023$738.86M−$18.88M−2.6%
2022$699.91M$3.71M0.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$791.47M$219.04M$19.13M−$9.66M−1.2%
2024$816.43M$255.03M$35.71M−$135.33M−16.6%
2023$738.86M$204.15M$23.76M−$18.88M−2.6%
2022$699.91M$188.53M$9.06M$3.71M0.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

FET Valuation vs Oil & Gas Equipment & Services Median

Median of 66 stocks
MetricFETOil & Gas Equipment & Services medianvs median
P/S ratio1.111.4121% below
Profit margin−0.19%4.89%5.1 pts below

Medians across 66 Oil & Gas Equipment & Services stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 16 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Forum Energy Technologies, Inc. (FET) carries a market capitalisation of $921.14M. It is classified in the Oil & Gas Equipment & Services industry, within the Energy sector. Headcount on file is 1,700.

FET last closed at $80.29 on September 4, 2026. That is −$1.58 (−1.93%) against the previous close. Over the past 52 weeks the price has ranged from $25.07 to $87.42. The latest close sits 220.26% above that 52-week low.

Financial Health

In fiscal 2025, Forum Energy Technologies, Inc. reported revenue of $791.47M. That is −3.06% against the prior fiscal year, when revenue was $816.43M. The same year closed with a net loss of $9.66M. Profit margin runs at −0.19%. That is 5.1 percentage points below the Oil & Gas Equipment & Services median of 4.89%. Earnings per share on a trailing basis come to −0.07.

Across the 4 fiscal years on file, revenue moves from $699.91M in 2022 to $791.47M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. On forward earnings the ratio is 16.19. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.87. The price-to-sales ratio is 1.11. On price-to-sales that is 21.48% below the Oil & Gas Equipment & Services median of 1.41. 66 Oil & Gas Equipment & Services companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +201.62%. Measured over 10 years, that is −13.90% a year compounded. Beta against the wider market is reported at 0.59. Annualized volatility over the trailing 10 years is 82.81%.

Growth & Income

No dividend is on file for FET.

2026 is still running; the price is +117.29% year to date. The strongest complete calendar year on file is 2025 at +138.54%; the weakest is 2018 at −73.44%. Of the 9 complete calendar years on file, 3 finished higher.

Peer Comparison

Forum Energy Technologies, Inc. (FET) operates in the Oil & Gas Equipment & Services industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Forum Energy Technologies, Inc. FET $921.14M —
SLB N.V. SLB $85.35B 28.1
Baker Hughes Company BKR $63.03B 20.4
TechnipFMC plc FTI $31.31B 27.9

The Oil & Gas Equipment & Services industry average P/E ratio is 24.1x. Forum Energy Technologies, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

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