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Forum Energy Technologies Inc   (FET)
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Forum Energy Technologies Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Forum Energy Technologies Inc 's ROA in the third quarter of 2023?
Forum Energy Technologies Inc recorded a cumulative net loss of $-15 million during 12 months ending in the third quarter of 2023, resulting in a negative return on assets (ROA) of -1.78%.

However, within the Basic Materials sector 196 other companies had a higher return on assets. While the total ranking for ROA unchanged, relative to the second quarter of 2023 at no. 2823.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 4.89 % 4.49 % 7.46 % 4.35 % -1.73 %
Y / Y Net Income Change -51.64 % - - - -
Net Income (TTM) in million -15 -6 9 4 5
Return On Assets (TTM) -1.78 % -0.77 % 1.15 % 0.46 % 0.62 %
FET's Total Ranking # 2823 # 2823 # 2321 # 3014 # 2776
Total Assets (TTM) in million 829 844 850 835 790
Seq. Total Assets Change -1.76 % -0.73 % 1.82 % 5.63 % -2.14 %
Seq. Net Income Change - - - - 77.86 %



Return On Assets Company Ranking
Within: No.
Industry # 40
Sector # 197
Overall # 2816

Return On Assets Statistics
High Average Low
7.78 %
-3.99 %
-24.38 %
(Dec. 30, 2014)   (Sep 30 2019)





Financial Statements
Forum Energy Technologies Inc 's Assets $ 829 million FET's Balance sheet
Forum Energy Technologies Inc 's Income $ 8 million Quarterly FET's Income Statement
FET's Income by Division See FET's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017
Y / Y Total Assets Change -6.19 % -23.29 % -36.6 % -16.65 % 19.62 %
Total Assets in million 835 890 1,160 1,830 2,195
Y / Y Net Income Change - - - - -
Net Income in million 4 -97 -567 -374 -59
Return On Assets 0.44 % -10.89 % -48.88 % -20.45 % -2.71 %




Comment on FET's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 0.44 % compared to prior year, due to annual net income growth of % to $3.71 million, and due to decline of value in Forum Energy Technologies Inc 's assets by -6.19 % to $834.76 million, compared to $834.76 a year before.


More Return On Assets Ratios
FET's' Return on Assets at Yahoo Finance
Miscellaneous Fabricated Products Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
FET's Roa Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for FET's Competitors
Roa for Forum Energy Technologies Inc 's Suppliers
Return On Assets for FET's Customers

You may also want to know
FET's Roi FET's Inventory Turnover Ratio FET's Growth Rates FET's Dividend Comparisons
FET's Profitability Ratios FET's Asset Turnover Ratio FET's Dividend Growth
FET's Roe FET's Valuation Ratios FET's Financial Strength Ratios FET's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Basic Materials Sector ROA


Date modified: 2023-11-04T18:35:29+00:00


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