Forum Energy Technologies, Inc.
FET Energy Oil & Gas Equipment & Services
Forum Energy Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $791.5 million, down 3.06% from fiscal 2024. In the quarter to June 2026, revenue grew 13.2%, EPS grew 77.4%, free cash flow fell 35.1% and total debt fell 9.80%, each against the same quarter a year earlier.
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Forum Energy Technologies, Inc. (FET) P/E ratio
Forum Energy Technologies, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 51.9× (January 2023) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 43.8× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| FET Forum Energy Technologies, Inc. | n/m |
| AESI Atlas Energy Solutions Inc. compare | n/m |
| ACDC ProFrac Holding Corp. compare | n/m |
| PUMP ProPetro Holding Corp. compare | n/m |
| VTOL Bristow Group Inc. compare | 11.3× |
| FLOC Flowco Holdings Inc. compare | 12.1× |
| FTK Flotek Industries, Inc. compare | 25.4× |
| HOS Hornbeck Offshore Services Inc compare | 27.7× |
| RES RPC, Inc. compare | 63.4× |
| Oil & Gas Equipment & Services industry median | 24.0× |
| Energy sector median | 14.0× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)