FET
Price:
$14.84
Market Cap:
$182.29M
Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling p...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2012-04-12
Stock Exchange
NYSE
Ticker
FET
According to Forum Energy Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of -23.03% compared to the average of 2.51 of the last 4 quarters.
The mean historical Current Ratio of Forum Energy Technologies, Inc. over the last ten years is 3.50. The current 1.93 Current Ratio has changed 5.42% with respect to the historical average. Over the past ten years (40 quarters), FET's Current Ratio was at its highest in in the December 2016 quarter at 5.29. The Current Ratio was at its lowest in in the September 2024 quarter at 1.93.
Average
3.50
Median
3.31
Minimum
2.44
Maximum
5.29
Discovering the peaks and valleys of Forum Energy Technologies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 51.22%
Maximum Annual Current Ratio = 5.29
Minimum Annual Increase = -35.22%
Minimum Annual Current Ratio = 2.44
Year | Current Ratio | Change |
---|---|---|
2023 | 2.59 | 6.37% |
2022 | 2.44 | -4.16% |
2021 | 2.54 | -35.22% |
2020 | 3.92 | 16.05% |
2019 | 3.38 | 4.60% |
2018 | 3.23 | -12.26% |
2017 | 3.68 | -30.39% |
2016 | 5.29 | 10.82% |
2015 | 4.78 | 51.22% |
2014 | 3.16 | -12.83% |
The current Current Ratio of Forum Energy Technologies, Inc. (FET) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.52
5-year avg
2.98
10-year avg
3.50
Forum Energy Technologies, Inc.’s Current Ratio is less than Natural Gas Services Group, Inc. (2.34), greater than Enerflex Ltd. (1.27), less than Dril-Quip, Inc. (5.60), greater than CSI Compressco LP (1.71), less than NOW Inc. (2.48), less than Newpark Resources, Inc. (2.61), greater than Bristow Group Inc. (1.71), less than Helix Energy Solutions Group, Inc. (2.29), greater than Oceaneering International, Inc. (1.76), less than RPC, Inc. (5.04), less than Geospace Technologies Corporation (6.08), less than Oil States International, Inc. (3.40), less than MRC Global Inc. (2.08), greater than North American Construction Group Ltd. (1.03),
Company | Current Ratio | Market cap |
---|---|---|
2.34 | $248.09M | |
1.27 | $852.19M | |
5.60 | $530.91M | |
1.71 | $344.84M | |
2.48 | $1.26B | |
2.61 | $568.08M | |
1.71 | $958.42M | |
2.29 | $1.40B | |
1.76 | $2.57B | |
5.04 | $1.22B | |
6.08 | $151.03M | |
3.40 | $297.88M | |
2.08 | $1.04B | |
1.03 | $561.55M |
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