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Forum Energy Technologies (NYSE:FET) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Forum Energy Technologies Net Margin % Related Terms
Forum Energy Technologies Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forum Energy Technologies Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Forum Energy Technologies (FET) has a Net Margin % of 5.48% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Forum Energy Technologies and its competitors. According to the industry distribution chart, Forum Energy Technologies ranks #640 out of 929 companies in the Oil & Gas industry, placing it in the top 68.9%.
Is Forum Energy Technologies' Net Margin % too high?
Forum Energy Technologies' current Net Margin % is 5.48%. The Oil & Gas industry median Net Margin % is 4.28. Forum Energy Technologies' value of 5.48% is 28% above this industry median. Based on the distribution chart, Forum Energy Technologies ranks #640 out of 929 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Forum Energy Technologies has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Energy Technologies' Net Margin % compare to EROK and ACDC?
According to the Oil & Gas industry distribution chart, Forum Energy Technologies ranks #640 out of 929 companies for Net Margin %. This places Forum Energy Technologies in the lower half of its industry. The industry median Net Margin % is 4.28. Forum Energy Technologies' value of 5.48% is 28% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 4.28, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forum Energy Technologies's current Net Margin % of 5.48% is 28% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Forum Energy Technologies and its competitors. For the Oil & Gas industry, the median Net Margin % is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Energy Technologies's current Net Margin % is 5.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, Forum Energy Technologies (FET) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.77, compared to a current price of $82.42 — trading 316.9% above its estimated fair value. The current Net Margin % is 5.48% and 28% above the Oil & Gas industry median of 4.28. Forum Energy Technologies' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Forum Energy Technologies (FET), the current Net Margin % is 5.48% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forum Energy Technologies (FET) Overvalued in 2026?
Based on GuruFocus' analysis, Forum Energy Technologies stock appears to be overvalued.
The current stock price of $82.42 is trading 316.9% above its estimated GF Value™ of $19.77.
GuruFocus considers Forum Energy Technologies to be Significantly Overvalued.
Key valuation signals for FET:
Net Margin %: 5.48%
GF Value™: $19.77 vs. price of $82.42 (316.9% above fair value)
Industry Position: 28% above the Oil & Gas median (#640 of 929)
No single metric tells the full story. See the FET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. 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. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
47GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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