FET
Forum Energy Technologies, Inc. Industrials Oil & Gas Field Machinery & Equipment Russell 3000
$84.94Close
$1.1BMarket cap
$26.78 – $90.9152-week range
Late-januaryNext report · estimated
Highlights
Strengths
- In a stage-2 uptrend all 8 trend conditions pass
- Leading the market RS 96 · stronger than 96% of stocks over 12 months
Cautions
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
7%
1wk
down 2.6%
price change
1mo
up 4.9%
price change
12-month return
up 164%
market up 11% ·
its own up 154%
F-score
4 / 9
Weak
Altman Z
1.46
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
3.8×
price / book
Earnings yield
up 2.5%
EBIT / enterprise value
Cheaper than
51%
of the market · around average
Revenue growth
down 3%
year on year
EPS growth
—
latest quarter
Sales growth
up 21%
latest quarter · +7 pts
ROE
down 3%
return on equity
Free cash margin
up 8%
$64.4M FCF
D/E
0.46
long-term debt / equity
Net debt / EBITDA
1.6×
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
Repair signals
- Long-term debt down 28% ($0.2B → $0.1B)
Trade setup
ATR%
5.1%
$4.30 a day · 2×ATR $76.33
RS
96 / 99
vs the universe
Trend
8 / 8
trend template
Relative volume
1.4×
vs 50-day average
Up/down volume
1.11
50 sessions
Implied move
—
no scheduled report
Trend template · 8 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Gross margin narrowing Gross margin fell from 31.2% to 27.7%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 3.1% over the year, from $816.4M to $791.5M.
Last reported
Oct 29, 2026
Results reaction
Oct 29, 2026-4% vs market2 sessions after results
Financials
- Gross 28%
- Net -1%
- Free cash 8%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $512.5M | $541.1M | $699.9M | $738.9M | $816.4M | $791.5M |
| Gross margin | -2% | 23% | 27% | 28% | 31% | 28% |
| Operating income | -$231.6M | -$44.5M | $17.3M | $20.7M | -$86.8M | $30.1M |
| Net income | -$96.9M | -$82.7M | $3.7M | -$18.9M | -$135.3M | -$9.7M |
| Net margin | -19% | -15% | 1% | -3% | -17% | -1% |
| Earnings per share | -$17.37 | -$14.65 | $0.62 | -$1.85 | -$11.00 | -$0.81 |
| Free cash flow | $1.6M | -$18.2M | -$24.5M | $239,000 | $84.0M | $64.4M |
| Free cash margin | 0% | -3% | -4% | 0% | 10% | 8% |
| Cash | $128.6M | $46.9M | $51.0M | $46.2M | $44.7M | $34.7M |
| Long-term debt | $293.4M | $232.4M | $239.1M | $129.6M | $186.5M | $134.5M |
| Shareholders' equity | $406.2M | $329.1M | $307.0M | $412.6M | $319.9M | $291.1M |
| Shares outstanding | 5.99m | 6.10m | 6.22m | 10.90m | 13m | 13.19m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 30, 2026 | Quarterly ↗ | Sep 30, 2026 | 30d |
| Jul 31, 2026 | Quarterly ↗ | Jun 30, 2026 | 31d |
| May 1, 2026 | Quarterly ↗ | Mar 31, 2026 | 31d |
| Feb 27, 2026 | Annual ↗ | Dec 31, 2025 | 58d |
| Oct 31, 2025 | Quarterly ↗ | Sep 30, 2025 | 31d |
| Aug 8, 2025 | Quarterly ↗ | Jun 30, 2025 | 39d |
| May 2, 2025 | Quarterly ↗ | Mar 31, 2025 | 32d |
| Mar 3, 2025 | Annual ↗ | Dec 31, 2024 | 62d |
| Nov 1, 2024 | Quarterly ↗ | Sep 30, 2024 | 32d |
| Aug 2, 2024 | Quarterly ↗ | Jun 30, 2024 | 33d |
| May 3, 2024 | Quarterly ↗ | Mar 31, 2024 | 33d |
| Mar 5, 2024 | Annual ↗ | Dec 31, 2023 | 65d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Aug 31, 2026 | Other events ↗ |
| Jul 30, 2026 | Results ↗ |
| May 12, 2026 | Director or officer change · Shareholder vote ↗ |
| May 1, 2026 | Results ↗ |
| Feb 20, 2026 | Results ↗ |
| Feb 5, 2026 | Material agreement · New obligation ↗ |
| Jan 12, 2026 | Director or officer change ↗ |
| Oct 31, 2025 | Results ↗ |
| Sep 19, 2025 | Director or officer change ↗ |
| Aug 8, 2025 | Results ↗ |
| Jun 16, 2025 | Director or officer change ↗ |