Forum Energy Technologies, Inc. financial data

Symbol
FET on NYSE
Industry
Oil & Gas Field Machinery & Equipment
Location
10344 Sam Houston Park Drive, Suite 300, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
FORUM OILFIELD TECHNOLOGIES INC (to 2/11/2008)
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 243 % -6.06%
Quick Ratio 133 % -7.58%
Debt-to-equity 129 % +28.4%
Return On Assets -14.3 % -533%
Operating Margin -10.6 % -479%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.3M shares +0.53%
Entity Public Float 196M USD -20.3%
Common Stock, Value, Issued 130K USD +19.3%
Weighted Average Number of Shares Outstanding, Basic 12.3M shares +20.4%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares +20.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 816M USD +10.5%
Operating Income (Loss) -86.8M USD -519%
Nonoperating Income (Expense) -41.7M USD -46%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -128M USD -1544%
Income Tax Expense (Benefit) 6.9M USD -37.6%
Net Income (Loss) Attributable to Parent -135M USD -617%
Earnings Per Share, Basic -11 USD/shares -495%
Earnings Per Share, Diluted -11 USD/shares -495%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 44.7M USD -3.26%
Accounts Receivable, after Allowance for Credit Loss, Current 154M USD +4.89%
Inventory, Net 265M USD -11.4%
Assets, Current 496M USD -6.41%
Deferred Income Tax Assets, Net 11.4M USD +3010%
Operating Lease, Right-of-Use Asset 70.4M USD +27.1%
Intangible Assets, Net (Excluding Goodwill) 109M USD -35%
Goodwill 61.7M USD
Other Assets, Noncurrent 2.03M USD -60.8%
Assets 816M USD -0.62%
Accounts Payable, Current 110M USD -12.9%
Accrued Liabilities, Current 77.2M USD +23.7%
Liabilities, Current 202M USD -1.22%
Deferred Income Tax Liabilities, Net 23.7M USD +2419%
Operating Lease, Liability, Noncurrent 73.1M USD +19%
Other Liabilities, Noncurrent 10.9M USD -10.6%
Liabilities 496M USD +21.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -123M USD -6.95%
Retained Earnings (Accumulated Deficit) -835M USD -19.3%
Stockholders' Equity Attributable to Parent 320M USD -22.5%
Liabilities and Equity 816M USD -0.62%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 5.02M USD
Net Cash Provided by (Used in) Financing Activities 152M USD +684%
Net Cash Provided by (Used in) Investing Activities -153M USD -18559%
Common Stock, Shares Authorized 14.8M shares 0%
Common Stock, Shares, Issued 13M shares +19.2%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.32M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 44.7M USD -3.26%
Deferred Tax Assets, Valuation Allowance 255M USD +9.75%
Deferred Tax Assets, Gross 263M USD +7.22%
Operating Lease, Liability 84.2M USD +19.2%
Depreciation 4.07M USD +58.4%
Payments to Acquire Property, Plant, and Equipment 2.91M USD +169%
Lessee, Operating Lease, Liability, to be Paid 114M USD +25.5%
Operating Lease, Liability, Current 11.1M USD +20.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.7M USD +16%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.7M USD +25.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 30M USD +47.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13.6M USD +16.8%
Unrecognized Tax Benefits 12.8M USD +17%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.7M USD +5.84%
Additional Paid in Capital 1.42B USD +3.69%
Amortization of Intangible Assets 9.77M USD +62.3%