Forum Energy Technologies, Inc. (FET)

NYSE: FET · Real-Time Price · USD

14.45

-0.61 (-4.05%)

At close: Apr 23, 2025, 4:00 PM

15.17

+0.72 (4.98%)

Pre-market: Apr 24, 2025, 4:25 AM EDT

Forum Energy Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	816.43	738.86	699.91	541.07	512.48	Upgrade
Revenue Growth (YoY)	10.50%	5.56%	29.36%	5.58%	-46.42%	Upgrade
Cost of Revenue	561.39	534.71	511.39	417.73	512.7	Upgrade
Gross Profit	255.03	204.15	188.53	123.34	-0.22	Upgrade
Selling, General & Admin	219.33	180.39	179.47	168.89	193.18	Upgrade
Operating Expenses	219.33	180.39	179.47	168.89	193.18	Upgrade
Operating Income	35.71	23.76	9.06	-45.55	-193.4	Upgrade
Interest Expense	-31.49	-18.3	-31.53	-32.01	-32.53	Upgrade
Currency Exchange Gain (Loss)	-7.32	-10.23	24.55	-0.22	-6.47	Upgrade
EBT Excluding Unusual Items	-3.1	-4.77	2.08	-77.77	-232.4	Upgrade
Merger & Restructuring Charges	-7.73	-2.89	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	4.38	-0.16	8.27	1.05	85.84	Upgrade
Asset Writedown	-119.12	-	-	-	-35.69	Upgrade
Other Unusual Items	-2.85	-	-	-5.29	72.48	Upgrade
Pretax Income	-128.43	-7.81	10.35	-82.01	-109.77	Upgrade
Income Tax Expense	6.9	11.06	6.64	0.64	-12.88	Upgrade
Earnings From Continuing Operations	-135.33	-18.88	3.71	-82.65	-96.89	Upgrade
Net Income	-135.33	-18.88	3.71	-82.65	-96.89	Upgrade
Net Income to Common	-135.33	-18.88	3.71	-82.65	-96.89	Upgrade
Shares Outstanding (Basic)	12	10	6	6	6	Upgrade
Shares Outstanding (Diluted)	12	10	6	6	6	Upgrade
Shares Change (YoY)	20.44%	71.60%	5.46%	1.18%	1.31%	Upgrade
EPS (Basic)	-11.00	-1.85	0.65	-14.65	-17.37	Upgrade
EPS (Diluted)	-11.00	-1.85	0.62	-14.65	-17.37	Upgrade
Free Cash Flow	84.05	0.24	-24.55	-18.17	1.64	Upgrade
Free Cash Flow Per Share	6.83	0.02	-4.13	-3.22	0.29	Upgrade
Gross Margin	31.24%	27.63%	26.94%	22.80%	-0.04%	Upgrade
Operating Margin	4.37%	3.22%	1.29%	-8.42%	-37.74%	Upgrade
Profit Margin	-16.57%	-2.56%	0.53%	-15.28%	-18.91%	Upgrade
Free Cash Flow Margin	10.29%	0.03%	-3.51%	-3.36%	0.32%	Upgrade
EBITDA	89.43	58.49	46.03	-3.37	-142.4	Upgrade
EBITDA Margin	10.95%	7.92%	6.58%	-0.62%	-27.79%	Upgrade
D&A For EBITDA	53.72	34.73	36.98	42.18	51	Upgrade
EBIT	35.71	23.76	9.06	-45.55	-193.4	Upgrade
EBIT Margin	4.37%	3.22%	1.29%	-8.42%	-37.74%	Upgrade
Effective Tax Rate	-	-	64.13%	-	-	Upgrade

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q