Forum Energy Technologies, Inc. (FET)
NYSE: FET · Real-Time Price · USD
76.55
+0.50 (0.66%)
At close: Aug 25, 2026, 4:00 PM EDT
76.00
-0.55 (-0.72%)
After-hours: Aug 25, 2026, 7:30 PM EDT
Forum Energy Technologies Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 33.72 | 34.66 | 44.66 | 46.17 | 51.03 | 46.86 |
Cash & Short-Term Investments | 33.72 | 34.66 | 44.66 | 46.17 | 51.03 | 46.86 |
Cash Growth | -13.48% | -22.39% | -3.26% | -9.53% | 8.90% | -63.57% |
Accounts Receivable | 190.24 | 151.79 | 166.31 | 161.91 | 170.05 | 134.43 |
Receivables | 190.24 | 151.79 | 166.31 | 161.91 | 170.05 | 134.43 |
Inventory | 233.47 | 239.42 | 265.49 | 299.64 | 269.83 | 241.74 |
Prepaid Expenses | 26.09 | 23.02 | 19.18 | 21.89 | 21.96 | 23.7 |
Total Current Assets | 483.52 | 448.88 | 495.64 | 529.6 | 512.87 | 446.73 |
Property, Plant & Equipment | 128.76 | 132.64 | 133.81 | 116.8 | 120.23 | 119.44 |
Goodwill | 62.55 | 64.67 | 61.65 | - | - | - |
Other Intangible Assets | 82.06 | 93.64 | 109.23 | 167.97 | 191.48 | 217.41 |
Long-Term Deferred Tax Assets | 7.88 | 7.89 | 11.45 | 0.37 | 0.18 | 0.2 |
Long-Term Deferred Charges | 2.93 | 1.58 | 2.15 | 1.16 | 1.17 | 1.48 |
Other Long-Term Assets | 3.02 | 3.16 | 2.03 | 5.16 | 8.83 | 6.08 |
Total Assets | 770.71 | 752.46 | 815.95 | 821.06 | 834.76 | 791.34 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 118.8 | 94.56 | 109.65 | 125.92 | 118.26 | 99.38 |
Accrued Expenses | 67.49 | 64.46 | 66.18 | 53.26 | 67.77 | 47.48 |
Current Portion of Leases | 1.27 | 13.19 | 12.92 | 10.39 | 9.56 | 11.82 |
Current Unearned Revenue | 32.99 | 34.32 | 13.1 | 14.77 | 14.71 | 16.98 |
Total Current Liabilities | 220.56 | 206.53 | 201.86 | 204.34 | 210.29 | 175.66 |
Long-Term Debt | 140.23 | 131.92 | 185.02 | 127.89 | 237.9 | 232.02 |
Long-Term Leases | 86.01 | 86.56 | 74.65 | 63.13 | 65.86 | 35.1 |
Long-Term Deferred Tax Liabilities | 18.22 | 20.43 | 23.68 | 0.94 | 0.9 | 0.83 |
Other Long-Term Liabilities | 15.91 | 15.88 | 10.85 | 12.13 | 12.77 | 18.61 |
Total Liabilities | 480.93 | 461.31 | 496.05 | 408.43 | 527.72 | 462.21 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.14 | 0.13 | 0.13 | 0.11 | 0.06 | 0.06 |
Additional Paid-In Capital | 1,423 | 1,428 | 1,420 | 1,369 | 1,254 | 1,250 |
Retained Earnings | -827.56 | -844.46 | -834.8 | -699.47 | -680.6 | -684.31 |
Treasury Stock | -184.24 | -176.67 | -142.06 | -142.06 | -138.56 | -135.56 |
Comprehensive Income & Other | -122.01 | -115.45 | -123.25 | -115.24 | -127.49 | -101.03 |
Total Common Equity | 289.78 | 291.14 | 319.9 | 412.63 | 307.04 | 329.13 |
Shareholders' Equity | 289.78 | 291.14 | 319.9 | 412.63 | 307.04 | 329.13 |
Total Liabilities & Equity | 770.71 | 752.46 | 815.95 | 821.06 | 834.76 | 791.34 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 227.51 | 231.67 | 272.59 | 201.4 | 313.31 | 278.93 |
Net Cash (Debt) | -193.8 | -197.01 | -227.93 | -155.24 | -262.28 | -232.07 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -17.08 | -16.58 | -18.53 | -15.20 | -44.07 | -41.13 |
Filing Date Shares Outstanding | 11.25 | 11.26 | 12.35 | 12.28 | 10.3 | 5.65 |
Total Common Shares Outstanding | 11.26 | 11.1 | 12.29 | 10.19 | 5.65 | 5.63 |
Working Capital | 262.96 | 242.35 | 293.78 | 325.27 | 302.57 | 271.08 |
Book Value Per Share | 25.73 | 26.24 | 26.03 | 40.48 | 54.31 | 58.42 |
Tangible Book Value | 145.18 | 132.84 | 149.02 | 244.66 | 115.55 | 111.72 |
Tangible Book Value Per Share | 12.89 | 11.97 | 12.12 | 24.00 | 20.44 | 19.83 |
Land | - | 1.7 | 2.39 | 4.84 | 4.76 | 7.5 |
Buildings | - | 18.1 | 26.35 | 46.6 | 49.71 | 85.81 |
Machinery | - | 177.93 | 181.29 | 164.63 | 159.69 | 168.11 |
Construction In Progress | - | 5.63 | 5.33 | 1.56 | 4.53 | 1.96 |
Order Backlog | - | 311.6 | 213.5 | 241.6 | 264.8 | 196.5 |