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- Forum Energy Technologies
Forum Energy Technologies Valuation Multiples
Discover revenue and EBITDA valuation multiples for Forum Energy Technologies and similar public comparables like Granite Ridge Resources, Flowco Holdings, HighPeak Energy, PetroRecĂ´ncavo and more.
Forum Energy Technologies Overview
About Forum Energy Technologies
Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.
Founded
2005
HQ

Employees
1.8K
Website
Sectors
Financials (LTM)
EV
$786M
Forum Energy Technologies Financials
Forum Energy Technologies reported last 12-month revenue of $804M and EBITDA of $89M.
In the same LTM period, Forum Energy Technologies generated $228M in gross profit, $89M in EBITDA, and had net loss of ($2M).
Revenue (LTM)
Forum Energy Technologies P&L
In the most recent fiscal year, Forum Energy Technologies reported revenue of $791M and EBITDA of $86M.
Forum Energy Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $804M | XXX | $791M | XXX | XXX | XXX |
| Gross Profit | $228M | XXX | $219M | XXX | XXX | XXX |
| Gross Margin | 28% | XXX | 28% | XXX | XXX | XXX |
| EBITDA | $89M | XXX | $86M | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | ($2M) | XXX | ($10M) | XXX | XXX | XXX |
| Net Margin | (0%) | XXX | (1%) | XXX | XXX | XXX |
| Net Debt | — | — | $101M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Forum Energy Technologies Stock Performance
Forum Energy Technologies has current market cap of $685M, and enterprise value of $786M.
Market Cap Evolution
Forum Energy Technologies' stock price is $60.20.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $786M | $685M | 3.5% | XXX | XXX | XXX | $-0.85 |
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Start Free TrialForum Energy Technologies Valuation Multiples
Forum Energy Technologies trades at 1.0x EV/Revenue multiple, and 8.8x EV/EBITDA.
EV / Revenue (LTM)
Forum Energy Technologies Financial Valuation Multiples
As of April 3, 2026, Forum Energy Technologies has market cap of $685M and EV of $786M.
Equity research analysts estimate Forum Energy Technologies' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Forum Energy Technologies has a P/E ratio of (363.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $685M | XXX | $685M | XXX | XXX | XXX |
| EV (current) | $786M | XXX | $786M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | 8.8x | XXX | 9.1x | XXX | XXX | XXX |
| EV/EBIT | 18.8x | XXX | 21.3x | XXX | XXX | XXX |
| EV/Gross Profit | 3.4x | XXX | 3.6x | XXX | XXX | XXX |
| P/E | (363.1x) | XXX | (70.9x) | XXX | XXX | XXX |
| EV/FCF | 10.4x | XXX | 9.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Forum Energy Technologies Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Forum Energy Technologies Margins & Growth Rates
Forum Energy Technologies' revenue in the last 12 month grew by 6%.
Forum Energy Technologies' revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Forum Energy Technologies' rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Forum Energy Technologies' rule of X is 27% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Forum Energy Technologies Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 18% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 25% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Forum Energy Technologies Public Comps
See public comps and valuation multiples for other Oil & Gas and Energy Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Granite Ridge Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| Flowco Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| HighPeak Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| PetroRecĂ´ncavo | XXX | XXX | XXX | XXX | XXX | XXX |
| TXO Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Forum Energy Technologies M&A Activity
Forum Energy Technologies acquired XXX companies to date.
Last acquisition by Forum Energy Technologies was on XXXXXXXX, XXXXX. Forum Energy Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Forum Energy Technologies
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialForum Energy Technologies Investment Activity
Forum Energy Technologies invested in XXX companies to date.
Forum Energy Technologies made its latest investment on XXXXXXXX, XXXXX. Forum Energy Technologies invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Forum Energy Technologies
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Forum Energy Technologies
| When was Forum Energy Technologies founded? | Forum Energy Technologies was founded in 2005. |
| Where is Forum Energy Technologies headquartered? | Forum Energy Technologies is headquartered in United States. |
| How many employees does Forum Energy Technologies have? | As of today, Forum Energy Technologies has over 1K employees. |
| Who is the CEO of Forum Energy Technologies? | Forum Energy Technologies' CEO is Neal A. Lux. |
| Is Forum Energy Technologies publicly listed? | Yes, Forum Energy Technologies is a public company listed on NYSE. |
| What is the stock symbol of Forum Energy Technologies? | Forum Energy Technologies trades under FET ticker. |
| When did Forum Energy Technologies go public? | Forum Energy Technologies went public in 2012. |
| Who are competitors of Forum Energy Technologies? | Forum Energy Technologies main competitors are Granite Ridge Resources, Flowco Holdings, HighPeak Energy, PetroRecĂ´ncavo. |
| What is the current market cap of Forum Energy Technologies? | Forum Energy Technologies' current market cap is $685M. |
| What is the current revenue of Forum Energy Technologies? | Forum Energy Technologies' last 12 months revenue is $804M. |
| What is the current revenue growth of Forum Energy Technologies? | Forum Energy Technologies revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Forum Energy Technologies? | Current revenue multiple of Forum Energy Technologies is 1.0x. |
| Is Forum Energy Technologies profitable? | Yes, Forum Energy Technologies is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Forum Energy Technologies? | Forum Energy Technologies' last 12 months EBITDA is $89M. |
| What is Forum Energy Technologies' EBITDA margin? | Forum Energy Technologies' last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Forum Energy Technologies? | Current EBITDA multiple of Forum Energy Technologies is 8.8x. |
| What is the current FCF of Forum Energy Technologies? | Forum Energy Technologies' last 12 months FCF is $76M. |
| What is Forum Energy Technologies' FCF margin? | Forum Energy Technologies' last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Forum Energy Technologies? | Current FCF multiple of Forum Energy Technologies is 10.4x. |
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