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-Q - Q3 2024 - Nov 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 246 % -3.36%
Quick Ratio 137 % -1.97%
Debt-to-equity 117 % +1.97%
Return On Equity -0.97 % +96.2%
Return On Assets -5.13 % -188%
Operating Margin 2.73 % -28.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.3M shares +20.5%
Entity Public Float 246M USD +170%
Common Stock, Value, Issued 130K USD +19.3%
Weighted Average Number of Shares Outstanding, Basic 12.3M shares +20.5%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares +18.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 801M USD +7.56%
Operating Income (Loss) 21.8M USD -22.8%
Nonoperating Income (Expense) -54.9M USD -55.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -33.1M USD -367%
Income Tax Expense (Benefit) 15.5M USD +98%
Net Income (Loss) Attributable to Parent -48.6M USD -226%
Earnings Per Share, Basic -4.24 USD/shares -77.4%
Earnings Per Share, Diluted -4.23 USD/shares -350%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 33.3M USD -10.3%
Accounts Receivable, after Allowance for Credit Loss, Current 163M USD +3.34%
Inventory, Net 287M USD -5.08%
Assets, Current 524M USD -1.4%
Deferred Income Tax Assets, Net 149K USD -59.5%
Property, Plant and Equipment, Net 86.2M USD -10.4%
Operating Lease, Right-of-Use Asset 54.1M USD -4.09%
Intangible Assets, Net (Excluding Goodwill) 242M USD +39.8%
Goodwill 65.6M USD
Other Assets, Noncurrent 2.15M USD -59.2%
Assets 974M USD +17.5%
Accounts Payable, Current 117M USD -5.62%
Accrued Liabilities, Current 70.6M USD +9.96%
Liabilities, Current 271M USD +30.1%
Deferred Income Tax Liabilities, Net 28.5M USD +3052%
Operating Lease, Liability, Noncurrent 57.9M USD -7.45%
Other Liabilities, Noncurrent 10.6M USD -7.22%
Liabilities 530M USD +28.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -101M USD +19.9%
Retained Earnings (Accumulated Deficit) -731M USD -7.12%
Stockholders' Equity Attributable to Parent 444M USD +6.33%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 303M USD -12.5%
Liabilities and Equity 974M USD +17.5%

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 33.3M USD -10.3%
Deferred Tax Assets, Valuation Allowance 232M USD +11.4%
Deferred Tax Assets, Gross 246M USD +10.7%
Operating Lease, Liability 70.7M USD -3.75%
Depreciation 4.07M USD +58.4%
Payments to Acquire Property, Plant, and Equipment 2.91M USD +169%
Lessee, Operating Lease, Liability, to be Paid 91M USD -6.78%
Operating Lease, Liability, Current 9.2M USD +4.83%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.7M USD +9.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 13.3M USD +2.23%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20.4M USD -15.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.7M USD +6.16%
Unrecognized Tax Benefits 10.9M USD +3.72%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.1M USD +8.88%
Additional Paid in Capital 1.42B USD +3.64%
Amortization of Intangible Assets 9.77M USD +62.3%