FET vs FLS Stock Comparison

Forum Energy Technologies and Flowserve Prices as of Oct 27, 2026 Peers: Industry group
FLS Flowserve Corp
$70.89 -4.0% 1M +34.2% 1Y
Market cap
$9.01B
P/E
24.4x
Revenue (TTM)
$4.63B
Div. yield
1.23%
Pumps and Valves Industrials
6 wins

Head to Head

10 decided of 12

Flowserve leads on 6 of the 12 questions below (Flowserve 6, Forum Energy Technologies 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFETFLSLeader
Larger companyMarket capitalisation $1.01B $9.01B FLS
Cheaper on earningsLower P/E, profitable companies only -642.2x 24.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.8x 16.3x FLS
Faster revenue growthRevenue growth, trailing twelve months +3.9% -0.3% FET
More profitableNet margin, trailing twelve months -0.2% 8.0% FLS
Better return on capitalReturn on invested capital 0.0% 6.6% FLS
Less leveragedLower net debt / EBITDA 1.6x 2.9x FET
Higher dividend yieldTrailing dividend yield — 1.23% –
Better 1-year returnPrice return, last 12 months +190.5% +34.2% FET
Better 5-year returnAnnualised price return, 5 years +31.8%/yr +16.6%/yr FET
Less volatileAnnualised volatility, 1 year 55.1% 48.9% FLS
Higher overall scoreMean of the five percentile scores vs peers 50/100 57/100 FLS

Percentile Scorecard

FETFLS

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

AxisFETFLS
Valuation 17 #39 of 47 49 #105 of 203
Growth 76 #11 of 43 68 #61 of 188
Profitability 28 #29 of 40 53 #87 of 183
Financial Health 30 #32 of 45 34 #144 of 217
Shareholder Returns 100 #1 of 32 83 #27 of 153
Overall 50 57
  • FET ranked among 48 companies in Oilfield Services and Equipment
  • FLS ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodFETFLSSPY
1 month +8.7%-4.0% -0.2%
3 months +72.1%-3.5% +3.9%
6 months +41.6%-16.7% +8.2%
Year to date +143.7%+2.2% +12.9%
1 year +190.5%+34.2% +12.3%
3 years +312.1%+97.8% +87.4%
3 years, per year +60.4%+25.5% +23.3%
5 years +296.7%+115.2% +67.9%
5 years, per year +31.8%+16.6% +10.9%
10 years -76.7%+62.9% +261.1%
10 years, per year -13.6%+5.0% +13.7%

Risk

MeasureFETFLSSPY
Volatility, 1Y 55.1%48.9% 12.7%
Downside volatility, 1Y 53.9%42.0% 12.7%
Beta vs S&P 500, 1Y 0.851.76 1.00
Return / volatility, 1Y 3.460.70 0.97
Max drawdown, 5Y -59.1%-39.0% -25.4%
From 52-week high 0.0%-23.0% -1.2%
52-week high $90.04$92.04 $779.14
52-week low $26.78$52.66 $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.

MultipleFETFLS
P/E now vs peer median -642.2xmedian 26.1x 24.4xmedian 25.2x
P/S now vs peer median 1.2xmedian 1.3x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 16.2xmedian 8.8x 21.4xmedian 14.0x
P/FCF now vs peer median 19.0xmedian 14.9x 21.9xmedian 21.7x
P/B now vs peer median 3.5xmedian 1.7x 3.9xmedian 2.3x
PEG now vs peer median -15.98median 0.49 1.43median 1.32

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 monthsFETFLS
Revenue $833.35M $4.63B
Gross profit $233.66M $1.57B
Operating income $38.17M $392.30M
Net income -$1.58M $390.08M
Free cash flow $53.22M $411.44M
EPS (diluted) $-0.13 $2.89
Cash & equivalents $33.72M $731.01M
Total debt $143.71M $2.14B
Shares (diluted) 11.77M 128.36M
Enterprise value $875.06M $5.96B

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
MetricFETFLS
P/E -642.2x 24.4x
P/FCF 19.0x 21.9x
P/Operating cash flow 17.1x 18.5x
P/S 1.2x 1.9x
P/B 3.5x 3.9x
P/Tangible book 4.9x 4.5x
EV/EBITDA 16.2x 21.4x
EV/EBIT 29.4x 26.5x
EV/Revenue 1.3x 2.2x
EV/FCF 21.1x 25.3x
EV/Operating cash flow 18.9x 21.3x
PEG (3Y EPS CAGR) -15.98 1.43

Growth

14 metrics
MetricFETFLS
Revenue growth (1Y) 3.9% -0.3%
Revenue CAGR (3Y) 3.7% 5.3%
Gross profit growth (1Y) -5.0% 4.3%
Gross profit CAGR (3Y) 4.5% 10.8%
Operating income growth (1Y) 151.3% -22.5%
Operating income CAGR (3Y) 8.0% 11.5%
Net income growth (1Y) 98.6% 24.0%
Net income CAGR (3Y) 37.3% 15.9%
EPS growth (1Y) 98.5% 30.5%
EPS CAGR (3Y) 40.2% 17.1%
Operating cash flow growth (1Y) -33.5% 1.6%
Operating cash flow CAGR (3Y) 145.5% 81.4%
Free cash flow growth (1Y) -35.4% 3.1%
Free cash flow CAGR (3Y) 178.4% 348.1%

Profitability

14 metrics
MetricFETFLS
Gross margin 28.0% 33.9%
EBITDA margin 8.3% 10.5%
Operating margin 4.6% 8.5%
Pretax margin 2.5% 11.9%
Net margin -0.2% 8.0%
FCF margin 6.4% 8.9%
Operating cash flow margin 7.1% 10.5%
Return on equity -0.6% 16.9%
Return on assets -0.2% 6.5%
Return on invested capital 0.0% 6.6%
Return on capital employed 7.0% 8.6%
Asset turnover 1.1x 0.8x
Cash conversion (OCF / net income) -37.5x 1.3x
Stock comp / revenue 1.3% 0.9%

Financial Health

11 metrics
MetricFETFLS
Debt / assets 18.6% 33.8%
Debt / equity 0.5x 0.9x
Net debt / EBITDA 1.6x 2.9x
Debt / FCF 2.7x 5.2x
Liabilities / assets 62.4% 63.2%
Equity / assets 37.6% 36.8%
Interest coverage – 4.6x
Current ratio 2.2x 2.2x
Quick ratio 0.9x 1.2x
Cash ratio 0.2x 0.5x
Altman Z-score 1.41 3.58

Shareholder Returns

7 metrics
MetricFETFLS
Dividend yield – 1.2%
Net buyback yield 3.5% 2.5%
Shareholder yield 3.5% 3.7%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

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.

ConsensusFETFLS
Forward P/E 23.8xFY2026 16.3xFY2026
EPS, next fiscal year $3.78FY2026 $4.34FY2026
EPS growth, next FY +500.0%FY2026 +19.2%FY2026
EPS growth, the year after +37.8% +12.0%
Revenue, next fiscal year $871.25MFY2026 $4.72BFY2026
Revenue growth, next FY +10.1%FY2026 -0.1%FY2026
Revenue growth, the year after +13.9% +5.3%

Institutional Ownership

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

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.

FETFLS
FET 1.00 0.19
FLS 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FET and FLS?

Flowserve (FLS) is the largest by market capitalisation: Forum Energy Technologies (FET) $1.01B, Flowserve (FLS) $9.01B.

Which company is growing faster?

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

Which company is more profitable?

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

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: Forum Energy Technologies (FET) +190.5%, Flowserve (FLS) +34.2%. Over five years, Forum Energy Technologies (FET) compounded fastest (Forum Energy Technologies (FET) +31.8%/yr, Flowserve (FLS) +16.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Flowserve (FLS) 1.23%. Forum Energy Technologies (FET) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Flowserve (FLS) has been the steadiest (Forum Energy Technologies (FET) 55.1%, Flowserve (FLS) 48.9%). Volatility measures how widely the price swings, not the risk of the business.

Do FET and FLS move together?

Their daily returns over the past year have a correlation of 0.19, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, FET and FLS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Flowserve (FLS) leads on 6. 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.