FTI vs FET vs WHD Stock Comparison

TechnipFMC, Forum Energy Technologies and Cactus Prices as of Nov 2, 2026 Peers: Industry group
1 more company in this comparison (LSE) Create a free account to keep reading and compare up to 10 companies.
FTI TechnipFMC plc
$66.87 -2.8% 1M +61.7% 1Y
Market cap
$26.07B
P/E
20.4x
Revenue (TTM)
$10.67B
Div. yield
0.30%
Oilfield Equipment Energy
6 wins
WHD Cactus, Inc.
$62.23 -1.9% 1M +40.9% 1Y
Market cap
$4.33B
P/E
52.9x
Revenue (TTM)
$1.36B
Div. yield
0.92%
Oilfield Equipment Energy
3 wins

Head to Head

12 decided of 12

TechnipFMC leads on 6 of the 12 questions below (TechnipFMC 6, Forum Energy Technologies 3, Cactus 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFTIFETWHDLeader
Larger companyMarket capitalisation $26.07B $871.36M $4.33B FTI
Cheaper on earningsLower P/E, profitable companies only 20.4x 29.0x 52.9x FTI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.3x 20.5x 22.5x FET
Faster revenue growthRevenue growth, trailing twelve months +9.1% +10.6% +21.8% WHD
More profitableNet margin, trailing twelve months 12.0% 3.5% 6.0% FTI
Better return on capitalReturn on invested capital -3.5% 9.4% — FET
Less leveragedLower net debt / EBITDA -2.7x 1.0x — FTI
Higher dividend yieldTrailing dividend yield 0.30% — 0.92% WHD
Better 1-year returnPrice return, last 12 months +61.7% +189.3% +40.9% FET
Better 5-year returnAnnualised price return, 5 years +55.6%/yr +27.6%/yr +7.4%/yr FTI
Less volatileAnnualised volatility, 1 year 32.0% 52.5% 42.1% FTI
Higher overall scoreMean of the five percentile scores vs peers 59/100 64/100 69/100 WHD

Percentile Scorecard

FTIFETWHD

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

AxisFTIFETWHD
Valuation 13 #41 of 47 41 #28 of 47 33 #32 of 47
Growth 98 #2 of 44 88 #6 of 44 67 #15 of 44
Profitability 55 #19 of 41 58 #18 of 41 90 #5 of 41
Financial Health 51 #23 of 46 38 #29 of 46 89 #6 of 46
Shareholder Returns 76 #8 of 32 97 #2 of 32 65 #12 of 32
Overall 59 64 69
  • FTI ranked among 48 companies in Oilfield Services and Equipment
  • FET ranked among 48 companies in Oilfield Services and Equipment
  • WHD 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

PeriodFTIFETWHDSPY
1 month -2.8%-6.7%-1.9% -2.3%
3 months -3.3%+10.1%-2.5% -0.7%
6 months -10.4%+30.2%+14.2% +4.8%
Year to date +50.1%+109.7%+36.2% +10.3%
1 year +61.7%+189.3%+40.9% +10.3%
3 years +200.5%+228.6%+32.2% +73.0%
3 years, per year +44.3%+48.7%+9.8% +20.1%
5 years +811.0%+238.2%+43.2% +61.9%
5 years, per year +55.6%+27.6%+7.4% +10.1%
10 years +179.7%-78.0%— +258.6%
10 years, per year +10.8%-14.0%— +13.6%

Risk

MeasureFTIFETWHDSPY
Volatility, 1Y 32.0%52.5%42.1% 12.8%
Downside volatility, 1Y 34.4%48.2%40.6% 12.8%
Beta vs S&P 500, 1Y 0.380.951.06 1.00
Return / volatility, 1Y 1.933.600.97 0.80
Max drawdown, 5Y -36.7%-59.1%-51.9% -25.4%
From 52-week high -16.5%-14.8%-15.6% -3.5%
52-week high $80.11$90.92$73.74 $779.14
52-week low $41.86$27.99$39.78 $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.

MultipleFTIFETWHD
P/E now vs peer median 20.4xmedian 24.4x 29.0xmedian 24.4x 52.9xmedian 24.4x
P/S now vs peer median 2.4xmedian 1.2x 1.0xmedian 1.2x 3.2xmedian 1.2x
EV/EBITDA now vs peer median 105.8xmedian 8.7x 10.2xmedian 8.7x 11.0xmedian 8.7x
P/FCF now vs peer median 16.4xmedian 14.5x 14.0xmedian 14.5x 13.4xmedian 14.5x
P/B now vs peer median 7.8xmedian 1.7x 2.7xmedian 1.7x 3.0xmedian 1.7x
PEG now vs peer median 0.08median 0.49 0.52median 0.49 -3.21median 0.49

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 monthsFTIFETWHD
Revenue $10.67B $873.93M $1.36B
Gross profit $2.74B $267.84M $452.98M
Operating income -$166.90M $64.24M $254.17M
Net income $1.29B $30.20M $200.09M
Free cash flow $1.59B $62.05M $323.97M
R&D $101.00M – –
EPS (diluted) $3.23 $2.57 $1.17
Cash & equivalents $1.05B $35.17M $365.82M
Total debt $404.00M $127.68M –
Shares (diluted) 398.20M 11.77M 70.22M
Enterprise value $22.05B $730.33M $3.35B

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
MetricFTIFETWHD
P/E 20.4x 29.0x 52.9x
P/FCF 16.4x 14.0x 13.4x
P/Operating cash flow 14.0x 12.7x 11.8x
P/S 2.4x 1.0x 3.2x
P/B 7.8x 2.7x 3.0x
P/Tangible book 8.8x 3.9x 3.9x
EV/EBITDA 105.8x 10.2x 11.0x
EV/EBIT -152.4x 15.0x 15.6x
EV/Revenue 2.4x 1.1x 2.9x
EV/FCF 16.0x 15.5x 12.2x
EV/Operating cash flow 13.6x 14.1x 10.8x
PEG (3Y EPS CAGR) 0.08 0.52 -3.21

Growth

14 metrics
MetricFTIFETWHD
Revenue growth (1Y) 9.1% 10.6% 21.8%
Revenue CAGR (3Y) 12.8% 5.5% 14.6%
Gross profit growth (1Y) 28.9% 21.5% 6.6%
Gross profit CAGR (3Y) 27.5% 9.4% 12.0%
Operating income growth (1Y) 96.2% 171.8% -8.1%
Operating income CAGR (3Y) 66.0% 31.5% 8.7%
Net income growth (1Y) 34.9% 126.2% -10.3%
Net income CAGR (3Y) 247.8% 59.0% 6.2%
EPS growth (1Y) 41.7% 126.0% -55.7%
EPS CAGR (3Y) 254.6% 55.9% -16.5%
Operating cash flow growth (1Y) -1.3% -20.8% 32.8%
Operating cash flow CAGR (3Y) 49.5% 78.7% 15.5%
Free cash flow growth (1Y) 3.4% -22.1% 39.5%
Free cash flow CAGR (3Y) 67.2% 153.9% 17.5%

Profitability

14 metrics
MetricFTIFETWHD
Gross margin 25.7% 30.6% 33.2%
EBITDA margin 2.3% 10.8% 26.5%
Operating margin -1.6% 7.4% 18.6%
Pretax margin 15.3% 5.4% 19.1%
Net margin 12.0% 3.5% 6.0%
FCF margin 14.9% 7.1% 23.8%
Operating cash flow margin 17.5% 7.8% 26.9%
Return on equity 38.8% 9.9% 14.0%
Return on assets 12.4% 3.8% 7.9%
Return on invested capital -3.5% 9.4% –
Return on capital employed -3.4% 11.8% 12.5%
Asset turnover 1.0x 1.1x 0.5x
Cash conversion (OCF / net income) 1.4x 2.3x 1.8x
Stock comp / revenue 1.1% 1.2% 1.9%

Financial Health

11 metrics
MetricFTIFETWHD
Debt / assets 3.9% 15.8% –
Debt / equity 0.1x 0.4x –
Net debt / EBITDA -2.7x 1.0x –
Debt / FCF 0.3x 2.1x –
Liabilities / assets 68.0% 60.6% 43.4%
Equity / assets 32.0% 39.4% 56.6%
Interest coverage -2.9x – –
Current ratio 1.1x 2.0x 2.6x
Quick ratio 0.7x 0.9x 2.1x
Cash ratio 0.2x 0.1x 0.7x
Altman Z-score 2.76 1.37 3.89

Shareholder Returns

7 metrics
MetricFTIFETWHD
Dividend yield 0.3% – 0.9%
Net buyback yield 4.5% 2.6% 0.2%
Shareholder yield 4.8% 2.6% 1.1%
Payout ratio (earnings) – – 19.6%
Payout ratio (FCF) – – 12.1%
Dividend growth (1Y) – – 10.0%
Dividend CAGR (3Y) – – 12.1%

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.

ConsensusFTIFETWHD
Forward P/E 22.3xFY2026 20.5xFY2026 22.5xFY2026
EPS, next fiscal year $3.00FY2026 $3.78FY2026 $2.76FY2026
EPS growth, next FY +22.4%FY2026 +500.0%FY2026 +2.6%FY2026
EPS growth, the year after +13.0% +37.8% +35.9%
Revenue, next fiscal year $10.35BFY2026 $871.25MFY2026 $1.77BFY2026
Revenue growth, next FY +4.3%FY2026 +10.1%FY2026 +63.9%FY2026
Revenue growth, the year after +17.4% +13.9% -2.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFTIFETWHD
Held by institutions 97.3% 86.6% 95.8%
Institutions holding 816 161 344
Change in shares held, QoQ -0.8% +10.7% +2.6%
Institutions buying 460 102 187
Institutions selling 276 42 104
Buyers to sellers 1.67 2.43 1.80

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.

FTIFETWHD
FTI 1.00 0.56 0.40
FET 0.56 1.00 0.46
WHD 0.40 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FTI, FET and WHD?

TechnipFMC (FTI) is the largest by market capitalisation: TechnipFMC (FTI) $26.07B, Forum Energy Technologies (FET) $871.36M, Cactus (WHD) $4.33B.

Which stock is cheaper, FTI, FET and WHD?

TechnipFMC (FTI) trades on the lowest price-to-earnings ratio (TechnipFMC (FTI) 20.4x, Forum Energy Technologies (FET) 29.0x, Cactus (WHD) 52.9x). On next year's consensus earnings, Forum Energy Technologies (FET) is cheapest (TechnipFMC (FTI) 22.3x, Forum Energy Technologies (FET) 20.5x, Cactus (WHD) 22.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cactus (WHD) grew revenue fastest over the trailing twelve months: TechnipFMC (FTI) +9.1%, Forum Energy Technologies (FET) +10.6%, Cactus (WHD) +21.8%.

Which company is more profitable?

TechnipFMC (FTI) has the highest net margin (TechnipFMC (FTI) 12.0%, Forum Energy Technologies (FET) 3.5%, Cactus (WHD) 6.0%). On return on invested capital, Forum Energy Technologies (FET) leads (TechnipFMC (FTI) -3.5%, Forum Energy Technologies (FET) 9.4%).

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: TechnipFMC (FTI) +61.7%, Forum Energy Technologies (FET) +189.3%, Cactus (WHD) +40.9%. Over five years, TechnipFMC (FTI) compounded fastest (TechnipFMC (FTI) +55.6%/yr, Forum Energy Technologies (FET) +27.6%/yr, Cactus (WHD) +7.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Cactus (WHD) has the highest dividend yield: TechnipFMC (FTI) 0.30%, Cactus (WHD) 0.92%. Forum Energy Technologies (FET) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TechnipFMC (FTI) has been the steadiest (TechnipFMC (FTI) 32.0%, Forum Energy Technologies (FET) 52.5%, Cactus (WHD) 42.1%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.