Forum Energy Technologies, Inc. (FET)

Forum Energy Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	38.97	44.66	46.17	51.03	46.86	128.62
Cash & Short-Term Investments	38.97	44.66	46.17	51.03	46.86	128.62
Cash Growth	22.44%	-3.26%	-9.53%	8.90%	-63.57%	122.09%
Accounts Receivable	169.68	166.31	161.91	170.05	134.43	90.81
Receivables	169.68	166.31	161.91	170.05	134.43	90.81
Inventory	260.03	265.49	299.64	269.83	241.74	251.75
Prepaid Expenses	19.06	19.18	21.89	21.96	23.7	19.02
Total Current Assets	487.73	495.64	529.6	512.87	446.73	490.19
Property, Plant & Equipment	135.79	133.81	116.8	120.23	119.44	145.19
Goodwill	65.22	61.65	-	-	-	-
Other Intangible Assets	103.69	109.23	167.97	191.48	217.41	240.44
Long-Term Deferred Tax Assets	13.03	11.45	0.37	0.18	0.2	0.1
Long-Term Deferred Charges	1.87	2.15	1.16	1.17	1.48	0.25
Other Long-Term Assets	2.8	2.03	5.16	8.83	6.08	13.75
Total Assets	810.13	815.95	821.06	834.76	791.34	889.93
Accounts Payable	106.08	109.65	125.92	118.26	99.38	46.35
Accrued Expenses	70.49	66.18	53.26	67.77	47.48	55.61
Current Portion of Leases	1.66	12.92	10.39	9.56	11.82	13.3
Current Unearned Revenue	24.03	13.1	14.77	14.71	16.98	9.68
Total Current Liabilities	202.26	201.86	204.34	210.29	175.66	124.93
Long-Term Debt	156.49	185.02	127.89	237.9	232.02	292.42
Long-Term Leases	81.39	74.65	63.13	65.86	35.1	45.49
Long-Term Deferred Tax Liabilities	22.47	23.68	0.94	0.9	0.83	1.95
Other Long-Term Liabilities	13.3	10.85	12.13	12.77	18.61	18.9
Total Liabilities	475.91	496.05	408.43	527.72	462.21	483.69
Common Stock	0.13	0.13	0.11	0.06	0.06	0.06
Additional Paid-In Capital	1,422	1,420	1,369	1,254	1,250	1,243
Retained Earnings	-825.98	-834.8	-699.47	-680.6	-684.31	-601.66
Treasury Stock	-148.35	-142.06	-142.06	-138.56	-135.56	-134.5
Comprehensive Income & Other	-113.72	-123.25	-115.24	-127.49	-101.03	-100.39
Total Common Equity	334.22	319.9	412.63	307.04	329.13	406.24
Shareholders' Equity	334.22	319.9	412.63	307.04	329.13	406.24
Total Liabilities & Equity	810.13	815.95	821.06	834.76	791.34	889.93
Total Debt	239.54	272.59	201.4	313.31	278.93	351.21
Net Cash (Debt)	-200.58	-227.93	-155.24	-262.28	-232.07	-222.59
Net Cash Per Share	-16.27	-18.53	-15.20	-44.07	-41.13	-39.91
Filing Date Shares Outstanding	11.9	12.35	12.28	10.3	5.65	5.6
Total Common Shares Outstanding	12.15	12.29	10.19	5.65	5.63	5.58
Working Capital	285.47	293.78	325.27	302.57	271.08	365.26
Book Value Per Share	27.50	26.03	40.48	54.31	58.42	72.78
Tangible Book Value	165.31	149.02	244.66	115.55	111.72	165.79
Tangible Book Value Per Share	13.60	12.12	24.00	20.44	19.83	29.70
Land	-	2.39	4.84	4.76	7.5	8.48
Buildings	-	26.35	46.6	49.71	85.81	93.65
Machinery	-	181.29	164.63	159.69	168.11	202.74
Construction In Progress	-	5.33	1.56	4.53	1.96	0.97
Order Backlog	-	213.5	241.6	264.8	196.5	114

Updated May 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q