Why FET?
FET is a global manufacturer of value-added solutions that increase the efficiency of energy production.
Track Record of Outperformance
Forum Energy Technologies (FET) has consistently delivered strong financial and operational results through our “Beat the Market Strategy”:
Market share gains and acquisitions
High operating leverage
Capital lite business model
Incredible Value
FET offers a compelling investment opportunity:
Attractive free cash flow yield
Attractive enterprise value to EBITDA multiple
Strong balance sheet and low net leverage
Significant Capital Returns
Capital-lite business model and strong operating leverage make FET a cash flow machine:
$75M share repurchase authorization in place
Approximately 1.4 million shares repurchased, or approximately 10% of shares outstanding, in 2025
Balanced capital allocation for debt reduction and strategic investments, including share repurchases
Poised for Growth
Execution of our “Beat the Market” strategy across our Leadership and Growth markets provides a roadmap for long-term growth, called FET 2030:
Total addressable markets grow by 9% annually
Maintain market share in Leadership markets and expand market share in Growth markets
Double revenue to ~$1.6 billion by 2030
