FET vs FLS vs IR Stock Comparison

Forum Energy Technologies, Flowserve and Ingersoll Rand Prices as of Oct 26, 2026 Peers: Industry group
FLS Flowserve Corp
$69.54 -5.8% 1M +30.2% 1Y
Market cap
$9.05B
P/E
24.4x
Revenue (TTM)
$4.63B
Div. yield
–
Pumps and Valves Industrials
3 wins
IR Ingersoll Rand Inc.
$74.54 -2.0% 1M -6.6% 1Y
Market cap
$29.49B
P/E
30.7x
Revenue (TTM)
$7.94B
Div. yield
0.00%
Pumps and Valves Industrials
5 wins

Head to Head

11 decided of 12

Ingersoll Rand leads on 5 of the 12 questions below (Ingersoll Rand 5, Flowserve 3, Forum Energy Technologies 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFETFLSIRLeader
Larger companyMarket capitalisation $1.02B $9.05B $29.49B IR
Cheaper on earningsLower P/E, profitable companies only -641.6x 24.4x 30.7x FLS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.5x 16.0x 22.3x FLS
Faster revenue growthRevenue growth, trailing twelve months +3.9% -0.3% +7.8% IR
More profitableNet margin, trailing twelve months -0.2% 8.0% 12.1% IR
Better return on capitalReturn on invested capital 0.0% 6.6% 7.6% IR
Less leveragedLower net debt / EBITDA 1.6x 2.9x 1.8x FET
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +187.2% +30.2% -6.6% FET
Better 5-year returnAnnualised price return, 5 years +31.0%/yr +14.1%/yr +7.0%/yr FET
Less volatileAnnualised volatility, 1 year 55.2% 48.9% 33.1% IR
Higher overall scoreMean of the five percentile scores vs peers 49/100 58/100 58/100 FLS

Percentile Scorecard

FETFLSIR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFETFLSIR
Valuation 17 #39 of 47 50 #102 of 203 42 #118 of 203
Growth 77 #11 of 44 69 #58 of 187 71 #55 of 187
Profitability 28 #30 of 41 54 #86 of 185 72 #53 of 185
Financial Health 29 #33 of 46 34 #146 of 219 50 #110 of 219
Shareholder Returns 97 #2 of 32 85 #24 of 153 55 #69 of 153
Overall 49 58 58
  • FET ranked among 48 companies in Oilfield Services and Equipment
  • FLS ranked among 222 companies in Machinery
  • IR ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFETFLSIRSPY
1 month +7.2%-5.8%-2.0% -0.8%
3 months +56.9%-4.3%-11.9% +3.5%
6 months +40.0%-20.9%-11.3% +7.0%
Year to date +140.3%+0.2%-5.9% +12.2%
1 year +187.2%+30.2%-6.6% +13.0%
3 years +306.4%+94.0%+25.5% +86.3%
3 years, per year +59.6%+24.7%+7.9% +23.1%
5 years +285.9%+93.1%+40.1% +68.6%
5 years, per year +31.0%+14.1%+7.0% +11.0%
10 years -77.6%+58.9%— +258.0%
10 years, per year -13.9%+4.7%— +13.6%

Risk

MeasureFETFLSIRSPY
Volatility, 1Y 55.2%48.9%33.1% 12.7%
Downside volatility, 1Y 53.9%42.0%31.5% 12.7%
Beta vs S&P 500, 1Y 0.841.761.23 1.00
Return / volatility, 1Y 3.390.62-0.20 1.02
Max drawdown, 5Y -59.1%-39.0%-36.6% -25.4%
From 52-week high 0.0%-24.4%-24.5% -1.8%
52-week high $88.80$92.04$98.76 $779.14
52-week low $26.78$52.66$68.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFETFLSIR
P/E now vs peer median -633.3xmedian 25.5x 23.9xmedian 26.0x 30.3xmedian 26.0x
P/S now vs peer median 1.2xmedian 1.2x 1.9xmedian 1.9x 3.6xmedian 1.9x
EV/EBITDA now vs peer median 16.0xmedian 8.6x 21.0xmedian 14.0x 16.5xmedian 14.0x
P/FCF now vs peer median 18.8xmedian 14.7x 21.5xmedian 21.4x 23.7xmedian 21.4x
P/B now vs peer median 3.4xmedian 1.6x 3.8xmedian 2.2x 2.8xmedian 2.2x
PEG now vs peer median -15.76median 0.41 1.40median 1.26 2.44median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFETFLSIR
Revenue $833.35M $4.63B $7.94B
Gross profit $233.66M $1.57B $3.40B
Operating income $38.17M $392.30M $1.44B
Net income -$1.58M $390.08M $966.00M
Free cash flow $53.22M $411.44M $1.22B
EPS (diluted) $-0.13 $2.89 $2.45
Cash & equivalents $33.72M $731.01M $1.17B
Total debt $143.71M $2.14B $4.77B
Shares (diluted) 11.77M 128.36M 391.90M
Enterprise value $878.09M $5.93B $24.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFETFLSIR
P/E -633.3x 23.9x 30.3x
P/FCF 18.8x 21.5x 23.7x
P/Operating cash flow 16.8x 18.1x 21.4x
P/S 1.2x 1.9x 3.6x
P/B 3.4x 3.8x 2.8x
P/Tangible book 4.8x 4.5x 4.7x
EV/EBITDA 16.0x 21.0x 16.5x
EV/EBIT 29.0x 26.1x 22.6x
EV/Revenue 1.3x 2.2x 4.1x
EV/FCF 20.8x 24.9x 26.7x
EV/Operating cash flow 18.7x 21.0x 24.1x
PEG (3Y EPS CAGR) -15.76 1.40 2.44

Growth

14 metrics
MetricFETFLSIR
Revenue growth (1Y) 3.9% -0.3% 7.8%
Revenue CAGR (3Y) 3.7% 5.3% 7.2%
Gross profit growth (1Y) -5.0% 4.3% 5.6%
Gross profit CAGR (3Y) 4.5% 10.8% 9.5%
Operating income growth (1Y) 151.3% -22.5% 28.9%
Operating income CAGR (3Y) 8.0% 11.5% 13.7%
Net income growth (1Y) 98.6% 24.0% 82.8%
Net income CAGR (3Y) 37.3% 15.9% 10.9%
EPS growth (1Y) 98.5% 30.5% 87.6%
EPS CAGR (3Y) 40.2% 17.1% 12.4%
Operating cash flow growth (1Y) -33.5% 1.6% -5.8%
Operating cash flow CAGR (3Y) 145.5% 81.4% 9.5%
Free cash flow growth (1Y) -35.4% 3.1% -6.1%
Free cash flow CAGR (3Y) 178.4% 348.1% 9.6%

Profitability

14 metrics
MetricFETFLSIR
Gross margin 28.0% 33.9% 42.8%
EBITDA margin 8.3% 10.5% 24.8%
Operating margin 4.6% 8.5% 18.1%
Pretax margin 2.5% 11.9% 15.2%
Net margin -0.2% 8.0% 12.1%
FCF margin 6.4% 8.9% 15.4%
Operating cash flow margin 7.1% 10.5% 17.0%
Return on equity -0.6% 16.9% 9.4%
Return on assets -0.2% 6.5% 5.3%
Return on invested capital 0.0% 6.6% 7.6%
Return on capital employed 7.0% 8.6% 9.2%
Asset turnover 1.1x 0.8x 0.4x
Cash conversion (OCF / net income) -37.5x 1.3x 1.4x
Stock comp / revenue 1.3% 0.9% 0.7%

Financial Health

11 metrics
MetricFETFLSIR
Debt / assets 18.6% 33.8% 26.2%
Debt / equity 0.5x 0.9x 0.5x
Net debt / EBITDA 1.6x 2.9x 1.8x
Debt / FCF 2.7x 5.2x 3.9x
Liabilities / assets 62.4% 63.2% 43.7%
Equity / assets 37.6% 36.8% 56.3%
Interest coverage – 4.6x 5.6x
Current ratio 2.2x 2.2x 1.6x
Quick ratio 0.9x 1.2x 1.0x
Cash ratio 0.2x 0.5x 0.4x
Altman Z-score 1.40 3.55 3.26

Shareholder Returns

7 metrics
MetricFETFLSIR
Dividend yield – 1.3% 0.1%
Net buyback yield 3.6% 2.6% 2.8%
Shareholder yield 3.6% 3.8% 3.0%
Payout ratio (earnings) – – 3.3%
Payout ratio (FCF) – – 2.6%
Dividend growth (1Y) – – -2.8%
Dividend CAGR (3Y) – – -1.0%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFETFLSIR
Forward P/E 23.5xFY2026 16.0xFY2026 22.3xFY2026
EPS, next fiscal year $3.78FY2026 $4.34FY2026 $3.35FY2026
EPS growth, next FY +500.0%FY2026 +19.2%FY2026 +0.3%FY2026
EPS growth, the year after +37.8% +12.0% +21.5%
Revenue, next fiscal year $871.25MFY2026 $4.72BFY2026 $8.35BFY2026
Revenue growth, next FY +10.1%FY2026 -0.1%FY2026 +9.2%FY2026
Revenue growth, the year after +13.9% +5.3% +6.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFETFLSIR
Held by institutions 86.6% 100.0% 100.0%
Institutions holding 161 584 894
Change in shares held, QoQ +10.7% +14.6% -1.5%
Institutions buying 102 299 367
Institutions selling 42 201 360
Buyers to sellers 2.43 1.49 1.02

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FETFLSIR
FET 1.00 0.19 0.18
FLS 0.19 1.00 0.43
IR 0.18 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FET, FLS and IR?

Ingersoll Rand (IR) is the largest by market capitalisation: Forum Energy Technologies (FET) $1.02B, Flowserve (FLS) $9.05B, Ingersoll Rand (IR) $29.49B.

Which stock is cheaper, FET, FLS and IR?

Flowserve (FLS) trades on the lowest price-to-earnings ratio (Forum Energy Technologies (FET) -641.6x, Flowserve (FLS) 24.4x, Ingersoll Rand (IR) 30.7x). On next year's consensus earnings, Flowserve (FLS) is cheapest (Forum Energy Technologies (FET) 23.5x, Flowserve (FLS) 16.0x, Ingersoll Rand (IR) 22.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ingersoll Rand (IR) grew revenue fastest over the trailing twelve months: Forum Energy Technologies (FET) +3.9%, Flowserve (FLS) -0.3%, Ingersoll Rand (IR) +7.8%.

Which company is more profitable?

Ingersoll Rand (IR) has the highest net margin (Forum Energy Technologies (FET) -0.2%, Flowserve (FLS) 8.0%, Ingersoll Rand (IR) 12.1%). On return on invested capital, Ingersoll Rand (IR) leads (Forum Energy Technologies (FET) 0.0%, Flowserve (FLS) 6.6%, Ingersoll Rand (IR) 7.6%).

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: Forum Energy Technologies (FET) +187.2%, Flowserve (FLS) +30.2%, Ingersoll Rand (IR) -6.6%. Over five years, Forum Energy Technologies (FET) compounded fastest (Forum Energy Technologies (FET) +31.0%/yr, Flowserve (FLS) +14.1%/yr, Ingersoll Rand (IR) +7.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Forum Energy Technologies (FET) 0.00%, Flowserve (FLS) 0.00%, Ingersoll Rand (IR) 0.00%. Forum Energy Technologies (FET) and Flowserve (FLS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ingersoll Rand (IR) has been the steadiest (Forum Energy Technologies (FET) 55.2%, Flowserve (FLS) 48.9%, Ingersoll Rand (IR) 33.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FET, FLS and IR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ingersoll Rand (IR) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.