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Forum Energy Technologies FET Free cash flow margin

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13.3%

Other financials

Income statement

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Revenue$208.7M+8.0%
Gross profit$61.0M+4.5%
Operating income$11.0M+25.0%
Net income$4.5M+300%
EPS (diluted)$0.39+333%

Balance sheet

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Cash & equivalents$37.5M+20.4%
Total debt$240.2M-0.8%
Total equity$280.7M-12.3%
Total assets$763.1M-3.4%

Cash flow

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Operating cash flow$1.6M-82.6%
CapEx$256.0K-87.9%
Free cash flow$1.4M-81.0%

Valuation

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Market cap$834.81M+208%
Enterprise value$1.04B+120%
P/S+0.7×

Profitability

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Gross margin27.5%-3.5pp
Operating margin4%+2.3pp
Net margin-14.6%-50.9pp

Returns & leverage

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Return on equity-31.1%-72.4pp
Debt / equity0.9×+0.1×
Current ratio2.2×-0.2×

Where this comes from

Calculated from Forum Energy Technologies’s reported figures.

Based on trailing twelve months.

The source filing: Forum Energy Technologies’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 3:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001401257-26-000034

FAQ

What is Forum Energy Technologies's free cash flow margin?
Forum Energy Technologies (FET) reported free cash flow margin of 7.3% in Q1 2026.
How has Forum Energy Technologies's free cash flow margin changed year-over-year?
Forum Energy Technologies's free cash flow margin decreased by 34.3% year-over-year, from 11% to 7.3%.
What is the long-term trend for Forum Energy Technologies's free cash flow margin?
Over 4 years (2020 to 2025), Forum Energy Technologies's free cash flow margin has grown at a 124.7% compound annual growth rate (CAGR), from 0.3% to 8.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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