FORUM ENERGY TECHNOLOGIES, INC.
FET · Oil & Gas Field Machinery & Equipment · 11.3M shares · +22%/yr ↑ dilution · EDGAR filings ↗
Reference price $55.49 · est. market cap ~$627M — last insider sale, 2026-05-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C60Forum Energy is a mid-pack oilfield-equipment maker with positive free cash flow but a small net loss and sub-par returns.
Strengths
- Positive FCF of $64M (63rd pct fcf margin) and solid gross margin ~28% (63rd pct)
- Reasonable leverage (D/E 0.46, 75th pct) and current ratio 2.2
Risks
- Net loss (-1.2% margin) with negative ROE (-3.3%) and ROA (-1.3%)
- Cyclical oil & gas exposure dependent on drilling/completion activity
- Modest cash balance (36th pct) relative to working-capital intensity
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
27.7%
Operating margin
3.8%
Net margin
-1.2%
Return on equity
-3.3%
Return on assets
-1.3%
ROIC
5.6%
Revenue growth (QoQ)
3.2%
Debt / equity
0.5×
Net debt / EBITDA
1.6×
Current ratio
2.2×
Free cash flow
$64M
EBITDA
$64M
Tangible book value
$133M
Cash & investments
$35M
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-13 | Danford Michael Dewayne | Sell | 3.0K | $55.49 |
| 2026-03-06 | Brookes Mark | Tax withheld | 809 | $57.17 |
| 2026-03-06 | IVASCU JOHN C | Option exercise | 7.1K | — |
| 2026-03-06 | IVASCU JOHN C | Tax withheld | 2.8K | $57.17 |
| 2026-03-06 | Pounds Steven | Option exercise | 2.7K | — |
| 2026-03-06 | Pounds Steven | Tax withheld | 1.0K | $57.17 |
| 2026-03-06 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2026-03-06 | Williams David Lyle Jr. | Tax withheld | 4.5K | $57.17 |
| 2026-03-06 | Lux Neal | Option exercise | 29K | — |
| 2026-03-06 | Lux Neal | Tax withheld | 11K | $57.17 |
| 2026-03-06 | Danford Michael Dewayne | Option exercise | 3.5K | — |
| 2026-03-06 | Brookes Mark | Option exercise | 2.7K | — |
| 2026-03-06 | Danford Michael Dewayne | Tax withheld | 1.4K | $57.17 |
| 2026-03-05 | Danford Michael Dewayne | Tax withheld | 1.5K | $57.70 |
| 2026-03-05 | Brookes Mark | Option exercise | 3.1K | — |
| 2026-03-05 | Brookes Mark | Tax withheld | 752 | $57.70 |
| 2026-03-05 | Pounds Steven | Option exercise | 3.1K | — |
| 2026-03-05 | Pounds Steven | Tax withheld | 1.2K | $57.70 |
| 2026-03-05 | Keller Katherine Campbell | Option exercise | 2.6K | — |
| 2026-03-05 | Keller Katherine Campbell | Tax withheld | 1.0K | $57.70 |
| 2026-03-05 | Lux Neal | Option exercise | 31K | — |
| 2026-03-05 | Lux Neal | Tax withheld | 12K | $57.70 |
| 2026-03-05 | IVASCU JOHN C | Option exercise | 7.6K | — |
| 2026-03-05 | IVASCU JOHN C | Tax withheld | 3.0K | $57.70 |
| 2026-03-05 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2026-03-05 | Williams David Lyle Jr. | Tax withheld | 4.9K | $57.70 |
| 2026-03-05 | Danford Michael Dewayne | Option exercise | 3.8K | — |
| 2026-03-03 | ROWSEY PAUL E III | Grant | 2.6K | — |
| 2026-03-03 | Beyer Leslie Ann | Grant | 213 | — |
| 2026-03-03 | Marquez Aron | Grant | 2.6K | — |
| 2026-03-03 | Smith Mark W. | Grant | 2.6K | — |
| 2026-03-03 | Angelle Evelyn M | Grant | 2.6K | — |
| 2026-03-03 | MCSHANE MICHAEL | Grant | 2.6K | — |
| 2026-03-03 | RASPINO LOUIS | Grant | 2.6K | — |
| 2026-03-03 | CARRIG JOHN A | Grant | 2.6K | — |
| 2026-03-02 | IVASCU JOHN C | Sell | 4.4K | $60.01 |
| 2026-02-17 | Lux Neal | Option exercise | 24K | — |
| 2026-02-17 | Brookes Mark | Option exercise | 1.1K | — |
| 2026-02-17 | Brookes Mark | Tax withheld | 262 | $50.59 |
| 2026-02-17 | Brookes Mark | Option exercise | 1.9K | — |
| 2026-02-17 | Brookes Mark | Tax withheld | 559 | $50.59 |
| 2026-02-17 | Brookes Mark | Option exercise | 5.3K | — |
| 2026-02-17 | Brookes Mark | Tax withheld | 1.3K | $50.59 |
| 2026-02-17 | Brookes Mark | Option exercise | 3.1K | — |
| 2026-02-17 | Brookes Mark | Tax withheld | 752 | $50.59 |
| 2026-02-17 | Brookes Mark | Option exercise | 3.1K | — |
| 2026-02-17 | Brookes Mark | Tax withheld | 752 | $50.59 |
| 2026-02-17 | Pounds Steven | Option exercise | 1.1K | — |
| 2026-02-17 | Pounds Steven | Tax withheld | 424 | $50.59 |
| 2026-02-17 | Pounds Steven | Option exercise | 1.9K | — |
| 2026-02-17 | Pounds Steven | Tax withheld | 842 | $50.59 |
| 2026-02-17 | Pounds Steven | Option exercise | 5.3K | — |
| 2026-02-17 | Pounds Steven | Tax withheld | 2.1K | $50.59 |
| 2026-02-17 | Pounds Steven | Option exercise | 3.1K | — |
| 2026-02-17 | Pounds Steven | Tax withheld | 1.2K | $50.59 |
| 2026-02-17 | Pounds Steven | Option exercise | 3.1K | — |
| 2026-02-17 | Pounds Steven | Tax withheld | 1.2K | $50.59 |
| 2026-02-17 | Keller Katherine Campbell | Option exercise | 2.6K | — |
| 2026-02-17 | Keller Katherine Campbell | Tax withheld | 1.2K | $50.59 |
| 2026-02-17 | Keller Katherine Campbell | Option exercise | 2.6K | — |
| 2026-02-17 | Keller Katherine Campbell | Tax withheld | 1.0K | $50.59 |
| 2026-02-17 | Lux Neal | Option exercise | 14K | — |
| 2026-02-17 | Lux Neal | Tax withheld | 5.5K | $50.59 |
| 2026-02-17 | Lux Neal | Tax withheld | 9.7K | $50.59 |
| 2026-02-17 | Lux Neal | Option exercise | 58K | — |
| 2026-02-17 | Lux Neal | Tax withheld | 23K | $50.59 |
| 2026-02-17 | Lux Neal | Option exercise | 31K | — |
| 2026-02-17 | Lux Neal | Tax withheld | 12K | $50.59 |
| 2026-02-17 | Lux Neal | Option exercise | 31K | — |
| 2026-02-17 | Lux Neal | Tax withheld | 12K | $50.59 |
| 2026-02-17 | IVASCU JOHN C | Option exercise | 3.9K | — |
| 2026-02-17 | IVASCU JOHN C | Tax withheld | 1.6K | $50.59 |
| 2026-02-17 | IVASCU JOHN C | Option exercise | 6.9K | — |
| 2026-02-17 | IVASCU JOHN C | Tax withheld | 2.9K | $50.59 |
| 2026-02-17 | IVASCU JOHN C | Option exercise | 14K | — |
| 2026-02-17 | IVASCU JOHN C | Tax withheld | 5.6K | $50.59 |
| 2026-02-17 | IVASCU JOHN C | Option exercise | 7.6K | — |
| 2026-02-17 | IVASCU JOHN C | Tax withheld | 3.0K | $50.59 |
| 2026-02-17 | IVASCU JOHN C | Option exercise | 7.6K | — |
| 2026-02-17 | IVASCU JOHN C | Tax withheld | 3.0K | $50.59 |
| 2026-02-17 | Williams David Lyle Jr. | Option exercise | 6.8K | — |
| 2026-02-17 | Williams David Lyle Jr. | Tax withheld | 2.7K | $50.59 |
| 2026-02-17 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2026-02-17 | Williams David Lyle Jr. | Tax withheld | 4.8K | $50.59 |
| 2026-02-17 | Williams David Lyle Jr. | Option exercise | 23K | — |
| 2026-02-17 | Williams David Lyle Jr. | Tax withheld | 9.1K | $50.59 |
| 2026-02-17 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2026-02-17 | Williams David Lyle Jr. | Tax withheld | 4.9K | $50.59 |
| 2026-02-17 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2026-02-17 | Williams David Lyle Jr. | Tax withheld | 4.9K | $50.59 |
| 2026-02-17 | Danford Michael Dewayne | Option exercise | 2.1K | — |
| 2026-02-17 | Danford Michael Dewayne | Tax withheld | 827 | $50.59 |
| 2026-02-17 | Danford Michael Dewayne | Option exercise | 3.7K | — |
| 2026-02-17 | Danford Michael Dewayne | Tax withheld | 1.6K | $50.59 |
| 2026-02-17 | Danford Michael Dewayne | Option exercise | 7.1K | — |
| 2026-02-17 | Danford Michael Dewayne | Tax withheld | 2.8K | $50.59 |
| 2026-02-17 | Danford Michael Dewayne | Option exercise | 3.8K | — |
| 2026-02-17 | Danford Michael Dewayne | Tax withheld | 1.5K | $50.59 |
| 2026-02-17 | Danford Michael Dewayne | Option exercise | 3.8K | — |
| 2026-02-17 | Danford Michael Dewayne | Tax withheld | 1.5K | $50.59 |
| 2026-01-12 | Beyer Leslie Ann | Grant | 3.8K | $39.46 |
| 2025-06-13 | Marquez Aron | Grant | 3.9K | $19.46 |
| 2025-06-13 | Smith Mark W. | Grant | 3.9K | $19.46 |
| 2025-03-14 | Lux Neal | Buy | 3.5K | $18.96 |
| 2025-03-13 | Lux Neal | Buy | 9.1K | $17.65 |
| 2025-03-06 | Williams David Lyle Jr. | Tax withheld | 2.3K | $17.26 |
| 2025-03-06 | Lux Neal | Option exercise | 29K | — |
| 2025-03-06 | Pounds Steven | Tax withheld | 519 | $17.26 |
| 2025-03-06 | Pounds Steven | Option exercise | 2.7K | — |
| 2025-03-06 | Pounds Steven | Tax withheld | 1.1K | $17.26 |
| 2025-03-06 | Lux Neal | Tax withheld | 5.7K | $17.26 |
| 2025-03-06 | IVASCU JOHN C | Tax withheld | 1.4K | $17.26 |
| 2025-03-06 | IVASCU JOHN C | Option exercise | 7.1K | — |
| 2025-03-06 | IVASCU JOHN C | Tax withheld | 2.8K | $17.26 |
| 2025-03-06 | Lux Neal | Tax withheld | 11K | $17.26 |
| 2025-03-06 | Danford Michael Dewayne | Tax withheld | 697 | $17.26 |
| 2025-03-06 | Danford Michael Dewayne | Option exercise | 3.5K | — |
| 2025-03-06 | Williams David Lyle Jr. | Tax withheld | 4.5K | $17.26 |
| 2025-03-06 | Danford Michael Dewayne | Tax withheld | 1.4K | $17.26 |
| 2025-03-06 | Brookes Mark | Tax withheld | 320 | $17.26 |
| 2025-03-06 | Brookes Mark | Option exercise | 2.7K | — |
| 2025-03-06 | Brookes Mark | Tax withheld | 728 | $17.26 |
| 2025-03-06 | Williams David Lyle Jr. | Option exercise | 12K | — |
| 2025-03-05 | ROWSEY PAUL E III | Grant | 8.6K | — |
| 2025-03-05 | CARRIG JOHN A | Grant | 8.6K | — |
| 2025-03-05 | MCSHANE MICHAEL | Grant | 8.6K | — |
| 2025-03-05 | Angelle Evelyn M | Grant | 8.6K | — |
| 2025-03-05 | RASPINO LOUIS | Grant | 8.6K | — |
| 2025-03-05 | FORUM ENERGY TECHNOLOGIES, INC. | Grant | 8.6K | — |
| 2025-02-18 | IVASCU JOHN C | Tax withheld | 2.2K | $19.87 |
| 2025-02-18 | Williams David Lyle Jr. | Option exercise | 8.8K | — |
| 2025-02-18 | IVASCU JOHN C | Option exercise | 5.7K | — |
| 2025-02-18 | Williams David Lyle Jr. | Tax withheld | 3.5K | $19.87 |
| 2025-02-18 | Lux Neal | Option exercise | 16K | — |
| 2025-02-18 | Lux Neal | Tax withheld | 6.2K | $19.87 |
| 2025-02-18 | Danford Michael Dewayne | Tax withheld | 1.5K | $19.87 |
| 2025-02-18 | Danford Michael Dewayne | Option exercise | 3.3K | — |
| 2025-02-17 | Brookes Mark | Option exercise | 1.1K | — |
| 2025-02-17 | Danford Michael Dewayne | Option exercise | 2.1K | — |
| 2025-02-17 | Danford Michael Dewayne | Tax withheld | 938 | $19.37 |
| 2025-02-17 | Danford Michael Dewayne | Grant | 1.1K | — |
| 2025-02-17 | Danford Michael Dewayne | Tax withheld | 469 | $19.37 |
| 2025-02-17 | Pounds Steven | Option exercise | 1.1K | — |
| 2025-02-17 | Pounds Steven | Tax withheld | 481 | $19.37 |
| 2025-02-17 | Pounds Steven | Grant | 539 | — |
| 2025-02-17 | Pounds Steven | Tax withheld | 240 | $19.37 |
| 2025-02-17 | IVASCU JOHN C | Option exercise | 3.9K | — |
| 2025-02-17 | IVASCU JOHN C | Tax withheld | 1.5K | $19.37 |
| 2025-02-17 | IVASCU JOHN C | Grant | 2.0K | — |
| 2025-02-17 | IVASCU JOHN C | Tax withheld | 775 | $19.37 |
| 2025-02-17 | Williams David Lyle Jr. | Option exercise | 6.8K | — |
| 2025-02-17 | Williams David Lyle Jr. | Tax withheld | 2.7K | $19.37 |
| 2025-02-17 | Williams David Lyle Jr. | Grant | 3.4K | — |
| 2025-02-17 | Williams David Lyle Jr. | Tax withheld | 1.3K | $19.37 |
| 2025-02-17 | Lux Neal | Option exercise | 14K | — |
| 2025-02-17 | Lux Neal | Tax withheld | 5.7K | $19.37 |
| 2025-02-17 | Lux Neal | Grant | 7.0K | — |
| 2025-02-17 | Lux Neal | Tax withheld | 2.7K | $19.37 |
| 2025-02-17 | Brookes Mark | Tax withheld | 319 | $19.37 |
| 2025-02-17 | Brookes Mark | Grant | 539 | — |
| 2025-02-17 | Brookes Mark | Tax withheld | 159 | $19.37 |
| 2025-02-13 | Lux Neal | Grant | 14K | — |
| 2025-02-13 | Williams David Lyle Jr. | Grant | 5.8K | — |
| 2025-02-13 | Brookes Mark | Grant | 1.3K | — |
| 2025-02-13 | Danford Michael Dewayne | Grant | 1.8K | — |
| 2025-02-13 | IVASCU JOHN C | Grant | 3.5K | — |
| 2025-02-13 | Pounds Steven | Grant | 1.3K | — |
| 2025-01-24 | Williams David Lyle Jr. | Tax withheld | 3.3K | $18.54 |
| 2025-01-24 | IVASCU JOHN C | Tax withheld | 3.3K | $18.54 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-15 | ResultsExhibits | filing ↗ |
| 2026-05-12 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-01 | ResultsExhibits | filing ↗ |
| 2026-02-20 | ResultsExhibits | filing ↗ |
| 2026-02-05 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-01-12 | Exec/director change | filing ↗ |
| 2025-10-31 | ResultsExhibits | filing ↗ |
| 2025-09-19 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K/A | 2026-05-15 | 2026-02-19 | 0001401257-26-000042 ↗ |
| 8-K | 2026-05-12 | 2026-05-08 | 0001401257-26-000039 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001401257-26-000034 ↗ |
| 8-K | 2026-05-01 | 2026-04-30 | 0001401257-26-000030 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0001401257-26-000015 ↗ |
| 8-K | 2026-02-20 | 2026-02-19 | 0001401257-26-000010 ↗ |
| 8-K | 2026-02-05 | 2026-02-04 | 0001401257-26-000005 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001401257-26-000002 ↗ |
| 8-K | 2025-10-31 | 2025-10-30 | 0001401257-25-000106 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001401257-25-000108 ↗ |
| 8-K | 2025-09-19 | 2025-09-18 | 0001401257-25-000099 ↗ |
| 8-K | 2025-08-08 | 2025-08-07 | 0001401257-25-000087 ↗ |