FET vs FTI vs NOV Stock Comparison

Forum Energy Technologies, TechnipFMC and Nov Prices as of Oct 26, 2026 Peers: Industry group
FTI TechnipFMC plc
$70.43 -0.8% 1M +78.3% 1Y
Market cap
$28.32B
P/E
24.1x
Revenue (TTM)
$10.42B
Div. yield
–
Oilfield Equipment Energy
7 wins
NOV NOV Inc.
$20.19 +1.7% 1M +45.9% 1Y
Market cap
$7.35B
P/E
77.3x
Revenue (TTM)
$8.64B
Div. yield
0.02%
Oilfield Equipment Energy
3 wins

Head to Head

11 decided of 12

TechnipFMC leads on 7 of the 12 questions below (TechnipFMC 7, Nov 3, Forum Energy Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFETFTINOVLeader
Larger companyMarket capitalisation $1.03B $28.32B $7.35B FTI
Cheaper on earningsLower P/E, profitable companies only -651.9x 24.1x 77.3x FTI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.5x 23.5x 22.9x NOV
Faster revenue growthRevenue growth, trailing twelve months +3.9% +9.9% -1.7% FTI
More profitableNet margin, trailing twelve months -0.2% 11.3% 1.1% FTI
Better return on capitalReturn on invested capital 0.0% -50.9% 1.6% NOV
Less leveragedLower net debt / EBITDA 1.6x 0.3x 0.7x FTI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +187.2% +78.3% +45.9% FET
Better 5-year returnAnnualised price return, 5 years +31.0%/yr +56.6%/yr +6.6%/yr FTI
Less volatileAnnualised volatility, 1 year 55.2% 31.1% 35.9% FTI
Higher overall scoreMean of the five percentile scores vs peers 49/100 52/100 58/100 NOV

Percentile Scorecard

FETFTINOV

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

AxisFETFTINOV
Valuation 17 #39 of 47 9 #43 of 47 89 #6 of 47
Growth 77 #11 of 44 98 #2 of 44 28 #32 of 44
Profitability 28 #30 of 41 53 #20 of 41 40 #25 of 41
Financial Health 29 #33 of 46 33 #31 of 46 73 #13 of 46
Shareholder Returns 97 #2 of 32 68 #11 of 32 61 #13 of 32
Overall 49 52 58
  • FET ranked among 48 companies in Oilfield Services and Equipment
  • FTI ranked among 48 companies in Oilfield Services and Equipment
  • NOV ranked among 48 companies in Oilfield Services and Equipment

Price Performance

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

Returns

PeriodFETFTINOVSPY
1 month +7.2%-0.8%+1.7% -0.8%
3 months +56.9%-6.1%-1.4% +3.5%
6 months +40.0%-6.2%-3.0% +7.0%
Year to date +140.3%+58.1%+29.2% +12.2%
1 year +187.2%+78.3%+45.9% +13.0%
3 years +306.4%+226.1%+3.0% +86.3%
3 years, per year +59.6%+48.3%+1.0% +23.1%
5 years +285.9%+839.1%+37.8% +68.6%
5 years, per year +31.0%+56.6%+6.6% +11.0%
10 years -77.6%+194.6%-44.8% +258.0%
10 years, per year -13.9%+11.4%-5.8% +13.6%

Risk

MeasureFETFTINOVSPY
Volatility, 1Y 55.2%31.1%35.9% 12.7%
Downside volatility, 1Y 53.9%32.6%36.6% 12.7%
Beta vs S&P 500, 1Y 0.840.370.70 1.00
Return / volatility, 1Y 3.392.521.28 1.02
Max drawdown, 5Y -59.1%-36.7%-55.2% -25.4%
From 52-week high 0.0%-12.1%-7.0% -1.8%
52-week high $88.80$80.11$21.71 $779.14
52-week low $26.78$40.52$13.95 $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.

MultipleFETFTINOV
P/E now vs peer median -633.3xmedian 25.5x 23.7xmedian 25.5x 76.3xmedian 25.5x
P/S now vs peer median 1.2xmedian 1.2x 2.7xmedian 1.2x 0.8xmedian 1.2x
EV/EBITDA now vs peer median 16.0xmedian 8.6x -13.6xmedian 8.6x 9.7xmedian 8.6x
P/FCF now vs peer median 18.8xmedian 14.7x 17.6xmedian 14.7x 12.8xmedian 14.7x
P/B now vs peer median 3.4xmedian 1.6x 8.4xmedian 1.6x 1.2xmedian 1.6x
PEG now vs peer median -15.76median 0.41 0.19median 0.41 -2.06median 0.41

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 monthsFETFTINOV
Revenue $833.35M $10.42B $8.64B
Gross profit $233.66M $2.53B $1.77B
Operating income $38.17M -$2.42B $439.00M
Net income -$1.58M $1.18B $99.00M
Free cash flow $53.22M $1.57B $562.00M
R&D – $93.40M –
EPS (diluted) $-0.13 $2.91 $0.26
Cash & equivalents $33.72M $991.80M $1.16B
Total debt $143.71M $401.90M $1.71B
Shares (diluted) 11.77M 404.50M 362.00M
Enterprise value $894.46M $24.46B $2.08B

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
MetricFETFTINOV
P/E -633.3x 23.7x 76.3x
P/FCF 18.8x 17.6x 12.8x
P/Operating cash flow 16.8x 14.9x 7.9x
P/S 1.2x 2.7x 0.8x
P/B 3.4x 8.4x 1.2x
P/Tangible book 4.8x 9.5x 1.2x
EV/EBITDA 16.0x -13.6x 9.7x
EV/EBIT 29.0x -11.2x 17.7x
EV/Revenue 1.3x 2.6x 0.9x
EV/FCF 20.8x 17.2x 13.8x
EV/Operating cash flow 18.7x 14.6x 8.5x
PEG (3Y EPS CAGR) -15.76 0.19 -2.06

Growth

14 metrics
MetricFETFTINOV
Revenue growth (1Y) 3.9% 9.9% -1.7%
Revenue CAGR (3Y) 3.7% 13.6% 2.5%
Gross profit growth (1Y) -5.0% 23.2% -4.4%
Gross profit CAGR (3Y) 4.5% 28.5% 1.9%
Operating income growth (1Y) 151.3% 44.1% -36.9%
Operating income CAGR (3Y) 8.0% 16.3% -5.7%
Net income growth (1Y) 98.6% 28.0% -79.3%
Net income CAGR (3Y) 37.3% 120.1% -38.0%
EPS growth (1Y) 98.5% 34.2% -79.1%
EPS CAGR (3Y) 40.2% 125.8% -37.1%
Operating cash flow growth (1Y) -33.5% 13.2% -28.2%
Operating cash flow CAGR (3Y) 145.5% 50.2% 82.2%
Free cash flow growth (1Y) -35.4% 19.2% -38.2%
Free cash flow CAGR (3Y) 178.4% 66.0% 46.8%

Profitability

14 metrics
MetricFETFTINOV
Gross margin 28.0% 24.3% 20.5%
EBITDA margin 8.3% -19.1% 9.3%
Operating margin 4.6% -23.2% 5.1%
Pretax margin 2.5% 14.4% 3.8%
Net margin -0.2% 11.3% 1.1%
FCF margin 6.4% 15.1% 6.5%
Operating cash flow margin 7.1% 17.8% 10.6%
Return on equity -0.6% 35.4% 1.6%
Return on assets -0.2% 11.5% 0.9%
Return on invested capital 0.0% -50.9% 1.6%
Return on capital employed 7.0% -50.7% 5.0%
Asset turnover 1.1x 1.0x 0.8x
Cash conversion (OCF / net income) -37.5x 1.6x 9.3x
Stock comp / revenue 1.3% 1.1% 0.9%

Financial Health

11 metrics
MetricFETFTINOV
Debt / assets 18.6% 3.9% 15.2%
Debt / equity 0.5x 0.1x 0.3x
Net debt / EBITDA 1.6x 0.3x 0.7x
Debt / FCF 2.7x 0.3x 3.0x
Liabilities / assets 62.4% 68.4% 44.1%
Equity / assets 37.6% 31.6% 55.9%
Interest coverage – -37.5x 5.0x
Current ratio 2.2x 1.1x 2.4x
Quick ratio 0.9x 0.7x 1.5x
Cash ratio 0.2x 0.2x 0.5x
Altman Z-score 1.40 2.13 2.06

Shareholder Returns

7 metrics
MetricFETFTINOV
Dividend yield – 0.3% 2.2%
Net buyback yield 3.6% 4.0% 4.1%
Shareholder yield 3.6% 4.3% 6.2%
Payout ratio (earnings) – – 153.5%
Payout ratio (FCF) – – 27.0%
Dividend growth (1Y) – – -21.2%
Dividend CAGR (3Y) – – 24.4%

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.

ConsensusFETFTINOV
Forward P/E 23.5xFY2026 23.5xFY2026 22.9xFY2026
EPS, next fiscal year $3.78FY2026 $3.00FY2026 $0.88FY2026
EPS growth, next FY +500.0%FY2026 +22.4%FY2026 +125.6%FY2026
EPS growth, the year after +37.8% +13.0% +37.5%
Revenue, next fiscal year $871.25MFY2026 $10.35BFY2026 $8.10BFY2026
Revenue growth, next FY +10.1%FY2026 +4.3%FY2026 -7.3%FY2026
Revenue growth, the year after +13.9% +17.4% +8.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFETFTINOV
Held by institutions 86.6% 97.3% 100.0%
Institutions holding 161 815 487
Change in shares held, QoQ +10.7% -0.8% -0.2%
Institutions buying 102 460 245
Institutions selling 42 275 164
Buyers to sellers 2.43 1.67 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.

FETFTINOV
FET 1.00 0.55 0.59
FTI 0.55 1.00 0.67
NOV 0.59 0.67 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FET, FTI and NOV?

TechnipFMC (FTI) is the largest by market capitalisation: Forum Energy Technologies (FET) $1.03B, TechnipFMC (FTI) $28.32B, Nov (NOV) $7.35B.

Which stock is cheaper, FET, FTI and NOV?

TechnipFMC (FTI) trades on the lowest price-to-earnings ratio (Forum Energy Technologies (FET) -651.9x, TechnipFMC (FTI) 24.1x, Nov (NOV) 77.3x). On next year's consensus earnings, Nov (NOV) is cheapest (Forum Energy Technologies (FET) 23.5x, TechnipFMC (FTI) 23.5x, Nov (NOV) 22.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

TechnipFMC (FTI) grew revenue fastest over the trailing twelve months: Forum Energy Technologies (FET) +3.9%, TechnipFMC (FTI) +9.9%, Nov (NOV) -1.7%.

Which company is more profitable?

TechnipFMC (FTI) has the highest net margin (Forum Energy Technologies (FET) -0.2%, TechnipFMC (FTI) 11.3%, Nov (NOV) 1.1%). On return on invested capital, Nov (NOV) leads (Forum Energy Technologies (FET) 0.0%, TechnipFMC (FTI) -50.9%, Nov (NOV) 1.6%).

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: Forum Energy Technologies (FET) +187.2%, TechnipFMC (FTI) +78.3%, Nov (NOV) +45.9%. Over five years, TechnipFMC (FTI) compounded fastest (Forum Energy Technologies (FET) +31.0%/yr, TechnipFMC (FTI) +56.6%/yr, Nov (NOV) +6.6%/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%, TechnipFMC (FTI) 0.00%, Nov (NOV) 0.02%. Forum Energy Technologies (FET) and TechnipFMC (FTI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TechnipFMC (FTI) has been the steadiest (Forum Energy Technologies (FET) 55.2%, TechnipFMC (FTI) 31.1%, Nov (NOV) 35.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FET, FTI and NOV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, TechnipFMC (FTI) leads on 7. 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.