What is Forum Energy Technologies's foreign operations?

Forum Energy Technologies (FET) reported foreign operations of -2.4% in Q4 2024.

What does foreign operations mean?

Represents the percentage impact of foreign operations on the effective tax rate reconciliation. It helps investors gauge how the company's global presence influences its overall tax profile compared to domestic-only peers.

Forum Energy Technologies FET Foreign operations

Foreign operations at other companies

Minerals TechnologiesMTX

4.7%-3.0pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.6M-82.6%

CapEx$256.0K-87.9%

Free cash flow$1.4M-81.0%

Valuation

See full

Market cap$559.9M+131%

Enterprise value$762.61M+68.1%

P/S0.7×+0.4×

Profitability

See full

Gross margin27.5%-3.5pp

Operating margin4%+2.3pp

Net margin-14.6%-50.9pp

FCF margin7.3%-3.8pp

Returns & leverage

See full

Return on equity-31.1%-72.4pp

Debt / equity0.9×+0.1×

Current ratio2.2×-0.2×

Where this comes from

Reported directly by Forum Energy Technologies in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential.

The official record: Forum Energy Technologies’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Forum Energy Technologies's foreign operations.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Forum Energy Technologies's foreign operations?: Forum Energy Technologies (FET) reported foreign operations of -2.4% in Q4 2024.
What does foreign operations mean?: Represents the percentage impact of foreign operations on the effective tax rate reconciliation. It helps investors gauge how the company's global presence influences its overall tax profile compared to domestic-only peers.