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.
Company Growth (employees)
Houston, US
Size (employees)
2,050 (est)
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 12 other locations
Houston, US (HQ)
1000 920 Memorial City Way
Show all (16)

Forum Energy Technologies Financials and Metrics

Forum Energy Technologies Financials

Forum Energy Technologies's revenue was reported to be $587.6 m in FY, 2016

Revenue (Q3, 2017)

198.7 m

Gross profit (Q3, 2017)

47.6 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

(14.8 m)

EBIT (Q3, 2017)

(13.9 m)

Market capitalization (13-Nov-2017)

1.3 b

Cash (30-Sep-2017)

156.4 m


1.6 b
Forum Energy Technologies's current market capitalization is $1.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.5 b1.7 b1.1 b587.6 m

Revenue growth, %


Cost of goods sold

193.2 b116.6 b

Gross profit

(192.2 b)(116 b)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


428.3 m468.8 m348.1 m284.4 m245 m159.4 m142.7 m138.3 m171.1 m201.1 m198.7 m

Cost of goods sold

290.3 m316.8 m239 m199.5 m179.2 m124.9 m137.4 m109 m132.1 m151.9 m151.2 m

Gross profit

138 m152 m109.1 m84.9 m65.8 m34.6 m5.3 m29.3 m39 m49.3 m47.6 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


39.6 m76.6 m109.2 m234.4 m

Accounts Receivable

31.2 m


29.7 m33 m33.8 m338.6 m

Current Assets

809.5 m895.2 m717.8 m749.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


28.2 m67 m32.6 m74.1 m83.9 m57.8 m76.2 m132 m137.2 m132.5 m204.9 m220.5 m156.4 m


454.7 m439.8 m458 m454.5 m521.2 m522.8 m504.8 m416.1 m375 m355.2 m352 m364.8 m394.1 m

Current Assets

814.2 m857.5 m850 m937.8 m930.7 m861.6 m816.8 m698.3 m640.5 m660.7 m749.5 m767.1 m743.8 m


174.8 m180.1 m188.1 m189 m202.6 m202.4 m196.8 m180.2 m173.6 m159.5 m151.1 m149.4 m149 m
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


33.1 m(26 m)344 k57.3 m

Cash From Operating Activities

211.4 m270 m155.9 m64.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

39.5 m52.2 m28.7 m8.9 m6.7 m(22.9 m)(28.5 m)(18 m)(15.8 m)


522.8 m504.8 m416.1 m352 m
Y, 2017


-113.6 x

Financial Leverage

1.5 x
Show all financial metrics

Forum Energy Technologies Market Value History

Forum Energy Technologies's Web-traffic and Trends

Forum Energy Technologies Online and Social Media Presence

Forum Energy Technologies News and Updates

Pelican Energy Partners sells Multilift to Forum Energy Technologies

Forum Energy Technologies Inc has acquired Houston, Texas-based Multilift, a maker of completion tools. The seller was Pelican Energy Partners. No financial terms were disclosed.

Forum Energy Technologies Company Life and Culture

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