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Forum Energy Technologies revenue
Forum Energy Technologies's revenue is $816.4 million.
What is Forum Energy Technologies's revenue?
- Forum Energy Technologies's revenue growth from 2011 to 2024 is -27.63%.
- Forum Energy Technologies has 2,050 employees, and the revenue per employee ratio is $398,256.
- Forum Energy Technologies peak revenue was $1.7B in 2014.
- Forum Energy Technologies annual revenue for 2023 was 738.9M, 5.57% growth from 2022.
- Forum Energy Technologies annual revenue for 2024 was 816.4M, 10.5% growth from 2023.
- Forum Energy Technologies's peak quarterly revenue was $468.8M in 2014(q3).
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Forum Energy Technologies historical revenue
Forum Energy Technologies's peak revenue was $1.7B in 2014. The peak quarterly revenue was $468.8M in 2014(q3).
Forum Energy Technologies's revenue increased from $1.1b in 2011 to $816.4M currently. That's a -27.63% change in annual revenue.
Forum Energy Technologies annual revenue
Forum Energy Technologies annual revenue over time
| Fiscal year / year | Forum Energy Technologies revenue |
|---|---|
| 2011 | $1.1B |
| 2012 | $1.4B |
| 2013 | $1.5B |
| 2014 | $1.7B |
| 2015 | $1.1B |
| 2016 | $587.6M |
| 2017 | $818.6M |
| 2018 | $1.1B |
| 2019 | $956.5M |
| 2020 | $512.5M |
| 2021 | $541.1M |
| 2022 | $699.9M |
| 2023 | $738.9M |
| 2024 | $816.4M |
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Forum Energy Technologies annual growth
Forum Energy Technologies saw the greatest revenue growth in 2017, when revenue increased by 39.31%.
Forum Energy Technologies had the lowest revenue growth in 2020, when revenue changed by -46.42%.
Forum Energy Technologies annual growth rate over time
| Year | Forum Energy Technologies growth |
|---|---|
| 2012 | 25%↑ |
| 2013 | 8%↑ |
| 2014 | 14%↑ |
| 2015 | -38%↓ |
| 2016 | -45%↓ |
| 2017 | 39%↑ |
| 2018 | 30%↑ |
| 2019 | -10%↓ |
| 2020 | -46%↓ |
| 2021 | 6%↑ |
| 2022 | 29%↑ |
| 2023 | 6%↑ |
| 2024 | 10%↑ |
Forum Energy Technologies quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Forum Energy Technologies quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | - | - | $336.7M |
| 2012 | $363.5M | $373.5M | $347.8M | $330.2M |
| 2013 | $373.0M | $367.9M | $390.2M | $393.7M |
| 2014 | $403.9M | $428.3M | $468.8M | $438.7M |
| 2015 | $348.1M | $284.4M | $245.0M | $196.1M |
| 2016 | $159.4M | $142.7M | $138.3M | $147.2M |
| 2017 | $171.1M | $201.1M | $198.7M | $247.7M |
| 2018 | $250.2M | $274.0M | $267.0M | $272.9M |
| 2019 | $271.8M | $245.6M | $239.3M | $199.8M |
| 2020 | $182.6M | $113.3M | $103.6M | $113.0M |
| 2021 | $114.5M | $137.4M | $141.0M | $148.1M |
| 2022 | $155.2M | $172.2M | $181.8M | $190.7M |
| 2023 | $189.0M | $185.4M | $179.3M | $185.2M |
| 2024 | $202.4M | $205.2M | $207.8M | $201.0M |
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Forum Energy Technologies financial information
| CEO | Neal Lux |
| Industry | Energy Equipment & Services |
| Company Type | Public |
| Employees Number | 2,050 |
| Date Founded | 2005 |
| Headquarters | Houston, Texas |
| Number of Locations | 18 |
| Revenue | $816.4M |
| Net Income | $3,712,000 |
| Gross Proft | $255.0M (2024) |
| PE Ratio | -3.43 |
| Tax Rate | -0.1% |
| Market Capitalization | $464.0M |
| Total Assets | $834,757,000 |
| Ticker | FET |
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Forum Energy Technologies financing
Forum Energy Technologies received early financing of $10.7M on 2011.
| Series | Round size | Date |
|---|---|---|
| Equity | $5M | 2019 |
| Equity | $4.5M | 2017 |
| Equity | $10.7M | 2011 |
Forum Energy Technologies investors
| Investors | Security type |
|---|---|
| SCF Partners Ltd. | Private Equity Round - Forum Energy Technologies |
Forum Energy Technologies competitors
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Weatherford International | $54,614 | $15.3B | 30,000 | 42 |
| Cameron Welding Supply | $56,541 | $8.8B | 35,000 | 2 |
| Diamond Offshore Drilling | $73,741 | $1.1B | 2,500 | - |
| Exterran Corporation HQ | $64,451 | $630.2M | 4,300 | - |
| Newpark | $77,380 | $217.5M | 2,248 | - |
| Murphy Oil | $52,605 | $2.0B | 675 | 18 |
| Helix Energy Solutions Group | $77,250 | $1.4B | 2,531 | - |
| Energy Transfer Solutions | $62,142 | $8.5M | 75 | 9 |
| EnQuest | $80,922 | $1.2B | 885 | - |
| Gyrodata | $72,400 | $150.0M | 1,000 | - |
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Zippia gives an in-depth look into the details of Forum Energy Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Forum Energy Technologies. The employee data is based on information from people who have self-reported their past or current employments at Forum Energy Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Forum Energy Technologies. The data presented on this page does not represent the view of Forum Energy Technologies and its employees or that of Zippia.
Forum Energy Technologies may also be known as or be related to FORUM ENERGY TECHNOLOGIES, INC., Forum Energy Technologies, Forum Energy Technologies Inc, Forum Energy Technologies Inc. and Forum Energy Technologies, Inc.