Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc.

FETยทNYSE

$53.64

+2.8%
EnergyOil & Gas Equipment & Services

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. 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.

At a Glance

Live Snapshot
Market Cap$606.36M
EPS-0.8100
P/E Ratio-66.22
Earnings Date08/06/2026
3Y-513.0%
5Y+1713.0%
10Y+9.0%
3Y-65.0%
5Y-91.0%
10Y-189.0%
3Y+1704.0%
5Y+119.0%
10Y-206.0%
FET

Forum Energy Technologies, Inc. Cash Conversion Engine

FET ยท NYSE
Net Income-9.66M
Depreciation & Amortization33.76M
Stock-Based Compensation-1.32M
Change in Working Capital17.84M
Others29.79M
Capital Expenditures-6.01M
Free Cash Flow64.39M

Cash Flow Quality Analysis

FCF Conversion Rate

-666.5%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

8.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-23.4%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$17.84M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Forum Energy Technologies, Inc. Cash Flow Statement

FET โ€ข NYSE

Forum Energy Technologies, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
OPERATING ACTIVITIES
-9.7M
-135.3M
-18.9M
3.7M
-82.7M
-96.9M
-567.1M
-374.1M
-57.1M
-82M
-119.4M
174.3M
129.6M
151.5M
93.6M
24M
19.5M
33.8M
53.7M
34.7M
37M
42.2M
51M
63.3M
74.5M
65.1M
61.8M
65.7M
65.1M
60.7M
51.8M
40.8M
33.2M
38.4M
0.0
0.0
-204K
-130K
2.8M
-149K
-13M
-13.6M
149K
-24.4M
-23.2M
-3.3M
15.6M
-6.3M
-1.5M
-1.2M
-8.1M
-1.3M
7.1M
4.6M
4.2M
7.6M
9.8M
15.8M
19.9M
20.3M
20.5M
21.7M
18.8M
19M
8.2M
5.2M
5.1M
3M
29.8M
109.1M
9.4M
3.3M
3M
-17.2M
529.4M
370.9M
-71.8M
3.9M
176.1M
-15.5M
1.7M
-5.2M
16.4M
9.1M
13.8M
(0.0)
(23.1M)
(8.8M)
(0.0)
(2.4M)
(0.0)
(3.9M)
(5.6M)
(29.1M)
(6.3M)
(19.9M)
(55.6M)
(41.4M)
(59.4M)
(29.1M)
-25M
(24.6M)
17.8M
57.6M
-21.5M
-65.1M
11.3M
57.3M
75.6M
-75.3M
3.3M
84.5M
34M
30.6M
-15.3M
-54.9M
-115.2M
-4.3M
41.1M
70.4M
92.2M
8.2M
-17.1M
-15.8M
3.9M
104.1M
2.4M
-40M
64.3M
154.8M
270M
211.4M
145M
39.3M
66M
107.8M
INVESTING ACTIVITIES
(0.0)
(0.0)
-7.9M
-7.5M
-2.4M
-2.2M
-15.1M
-24M
-24.7M
-6.6M
-31.3M
-53.8M
-60.3M
-49.7M
-41.3M
-19.9M
-15.3M
(0.0)
-150.4M
(0.0)
-485K
-4.7M
(105.2M)
(43.2M)
-51.4M
-163.3M
-4.1M
-59M
-16.9M
-228.7M
-134.8M
-509.9M
(0.0)
-1.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-28M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
43.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.6M
12.9M
1.4M
35.1M
17.8M
5.3M
-15.2M
9.3M
930K
9.8M
1.8M
21.4M
-47M
-134.8M
1.1M
670K
6.1M
(9.6M)
-137.5M
-6.6M
(27.1M)
(10.7M)
(108.3M)
(28.1M)
-75.4M
-188M
-10.7M
-90.3M
-70.7M
-289M
-184.5M
-550.1M
-19.2M
-10.9M
FINANCING ACTIVITIES
-34.6M
-1.1M
-6M
-3.8M
-1.4M
-195K
-1.1M
-2.5M
-3.3M
87.1M
-1.2M
-85.5M
1.1M
270.8M
57M
36.4M
-175K
-54.7M
54.9M
-1.3M
-1.3M
-73.2M
-28.3M
-121.1M
9.1M
106.2M
-92K
-25.8M
-84.2M
92.1M
-251.2M
458.1M
-90.7M
-94.3M
-34.6M
-1.1M
-6M
-3.8M
-1.4M
-195K
-1.1M
-2.8M
-4.7M
-623K
-6.4M
-96.6M
-4.3M
-56K
-54K
-28.5M
-251K
-2.2M
-8.5M
-311K
0.0
-1.5M
-13.2M
-9K
0.0
-2.4M
-766K
5.3M
7.7M
-16.2M
46.2M
-4.9M
38K
-47K
-91.6M
45.2M
-7.6M
-5.1M
-76.2M
-41.8M
-122.2M
6.5M
100.6M
86.2M
-26.9M
-162M
77M
58.7M
510.1M
-54.3M
-94.5M
CASH FLOW SUMMARY
1.6M
-1.4M
1.1M
-838K
-500K
338K
700K
-1.5M
8.2M
-14.6M
-5M
-300K
-900K
1.3M
891K
954K
4.6M
-10M
-1.5M
-4.9M
4.2M
-81.8M
70.7M
10.7M
-68M
-119.2M
125.2M
32.6M
37M
-1.5M
20.5M
200K
-6.5M
7M
44.7M
46.2M
51M
46.9M
128.6M
57.9M
47.2M
115.2M
234.4M
109.2M
76.5M
39.5M
41M
20.5M
20.3M
26.9M
19.9M
34.7M
44.7M
46.2M
51M
46.9M
128.6M
57.9M
47.2M
115.2M
234.4M
109.1M
76.5M
39.5M
41M
20.5M
20.3M
26.9M
64.4M
84M
239K
-24.5M
-18.2M
1.6M
89M
-21.6M
-64.7M
57.7M
123.5M
216.2M
151.1M
95.3M
-2M
46.1M
92.5M

SEC Filings

FET - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K/A

8-K/A 2026 (Amended)

N/A

May 15, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 01, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 27, 2026
May 08, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 20, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 04, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 12, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 31, 2025
September 30, 2025
2025
Showing 1 to 10 of 261 filings