Forum Energy Technologies

Introducing Forum Energy Technologies – a global provider of manufactured technologies and applied products and services. We may be a new name to you but our equipment and employees have a long history of solving our customers’ challenges. FET brings together some of the most well-known brands in our industry with an extensive range of mission critical products and services. We are building a world class company to bring innovative solutions to our worldwide customers. With offices in the key oilfield distribution centers of the globe, Forum is well-positioned to supply our clients with the equipment and related services that improve safety and performance and lower operating costs. Forum’s products and services range from the underwater reservoir to the refinery, from the sea floor to the above ground transportation line. We pride ourselves on giving you a comprehensive offering of solutions to maximize your operations and improve your bottom line. Our customers are our partners and we work with them to solve their ever-changing challenges.
Type
Public
HQ
Houston, US
Founded
2005
Size (employees)
2,050 (est)-18%
Website
f-e-t.com
Forum Energy Technologies was founded in 2005 and is headquartered in Houston, US

Forum Energy Technologies Office Locations

Forum Energy Technologies has offices in Houston, Stafford, Madison, Calgary and in 11 other locations
Houston, US (HQ)
1000 920 Memorial City Way

Forum Energy Technologies Data and Metrics

Forum Energy Technologies Financial Metrics

Forum Energy Technologies's revenue was reported to be $587.6 m in FY, 2016 which is a 45% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

587.6 m

Revenue growth (FY, 2015 - FY, 2016), %

(45%)

Gross profit (FY, 2016)

(116 b)

Gross profit margin (FY, 2016), %

(19741%)

Net income (FY, 2016)

(81.9 m)

EBIT (FY, 2016)

(24.8 b)

Market capitalization (26-May-2017)

1.6 b

Closing share price (26-May-2017)

16.2

Cash (31-Dec-2016)

234.4 m

EV

1.7 b
Forum Energy Technologies's current market capitalization is $1.6 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.7 b1.1 b587.6 m

Revenue growth, %

14%(38%)(45%)

Cost of goods sold

193.2 b116.6 b

Gross profit

475.2 m559.5 m(192.2 b)(116 b)

Gross profit Margin, %

31%32%(17899%)(19741%)

Operating expense total

273 m316.6 m391.2 m56.1 b

EBIT

209.6 m268 m(113.7 m)(24.8 b)

EBIT margin, %

14%15%(11%)(4227%)

Pre tax profit

(192 b)(25.2 b)

Net Income

129.6 m174.4 m(119.4 m)(81.9 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

39.6 m76.6 m109.2 m234.4 m

Accounts Receivable

Inventories

29.7 m33 m33.8 m29.4 m

Current Assets

809.5 m895.2 m717.8 m749.7 m

PP&E

180.3 m190 m186.7 m152.2 m

Goodwill

802.3 m798.5 m669 m652.7 m

Total Assets

2.2 b2.2 b1.9 b1.8 b

Accounts Payable

Total Debt

513.1 m428.9 m396.3 m396.9 m

Current Liabilities

220 m282.2 m151.6 m141.8 m

Additional Paid-in Capital

826.1 m864.3 m891.2 m998.2 m

Retained Earnings

525.1 m699.5 m580.2 m498.2 m

Total Equity

1.3 b1.4 b1.3 b1.2 b

Debt to Equity Ratio

0.4 x0.3 x0.3 x0.3 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x

Financial Leverage

1.6 x1.6 x1.5 x1.5 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

129.6 m174.4 m(119.4 m)(81.9 m)

Depreciation and Amortization

36.2 m37.4 m38.4 m35.6 m

Accounts Receivable

Inventories

33.1 m(26 m)344 k57.3 m

Accounts Payable

Cash From Operating Activities

211.4 m270 m155.9 m64.7 m

Capital Expenditures

(60.3 m)(53.8 m)(32.3 m)(16.8 m)

Cash From Investing Activities

(289 m)(70.7 m)(91.3 m)(11.1 m)

Long-term Borrowings

(715.1 m)(98.4 m)(120.1 m)

Cash From Financing Activities

77.1 m(162 m)(26.9 m)86.2 m

Interest Paid

18 m27.6 m27.9 m26.3 m

Income Taxes Paid

41.4 m55.6 m19.9 m(6.3 m)

Free Cash Flow

271.7 m323.8 m188.2 m81.6 m
Numbers are in $, USDY, 2016

EV/EBIT

-0.1 x

EV/CFO

26.9 x

EV/FCF

21.4 x

Revenue/Employee

235.1 k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x

Forum Energy Technologies Market Value History

Forum Energy Technologies Job Categories

Forum Energy Technologies Online and Social Media Presence

Forum Energy Technologies Company Life and Culture

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