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Forum Energy Technologies stock: growth

FET
$76.82Closing price of 12 Nov 2026MEQIRI Score 58 out of 100

Forum Energy Technologies reported $791.47M in revenue for fiscal 2025, down 3.1% on the prior year, up 9.1% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
1%
per year from 2009 to 2025, per share −6.6%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
−2.2%
per year from 2009 to 2025, per share −9.6%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2009
Revenue9.1%−3.0%1.0%
Revenue per share−6.2%−12.0%−6.6%
Earningsno datano datano data
Earnings per shareno datano datano data
Free cash flow108.4%−6.3%−2.2%
Free cash flow per share79.2%−15.0%−9.6%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2009$677.38M$19.34M$92.47M
2010$747.34M$23.94M$46.1M
2011$1.13B$93.34M−$2.04M
2012$1.41B$151.4M$95.3M
2013$1.52B$129.6M$151.1M
2014$1.74B$174.3M$216.2M
2015$1.07B−$119.4M$123.5M
2016$587.6M−$82M$57.7M
2017$818.6M−$57.1M−$64.7M
2018$1.06B−$374.08M−$21.64M
2019$956.53M−$567.06M$89M
2020$512.5M−$96.9M$1.64M
2021$541.1M−$82.7M−$18.2M
2022$699.91M$3.71M−$24.55M
2023$738.86M−$18.88M$239K
2024$816.43M−$135.33M$84.05M
2025$791.47M−$9.66M$64.39M

Revenue by segment

How Forum Energy Technologies, Inc. makes its money and how that has shifted. Names are as the company reports them.

  • Drilling And Downhole45%
  • Completions36%
  • Production and Infrastructure20%
Figures as a table
2020202120222023Share 2023
Drilling And Downhole$216.84M$239.9M$304.57M$329.58M44.6%
Completions$118.69M$185.02M$264.95M$265.63M36%
Production and Infrastructure$177.51M$116.71M$131.52M$145.86M19.7%
Total revenue$512.5M$541.1M$699.91M$738.86M100%

Revenue by region

Where Forum Energy Technologies, Inc. generates its revenue.

  • United States76%
  • Europe and Africa7%
  • Canada7%
  • Asia Pacific4%
  • Middle East3%
  • Latin America3%
Figures as a table
20162017Share 2017
United States$361.94M$621.45M75.9%
Europe and Africa$77.85M$61.13M7.5%
Canada$42.52M$60.9M7.4%
Asia Pacific$51.88M$28.69M3.5%
Middle East$25.98M$25.63M3.1%
Latin America$27.47M$20.82M2.5%
Total revenue$587.6M$818.6M100%

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 24 Oct 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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