Forum Energy Technologies vs North American Construction Group
North American Construction Group is the larger business, with $919m of revenue in fiscal 2025 against $791m for Forum Energy Technologies (1.2 times as much). North American Construction Group grew faster (8.0% against -3.1%). North American Construction Group kept more of each dollar of sales as profit: a net margin of 2.6% against -1.2%. Forum Energy Technologies carries less debt relative to equity (48.7% against 199.4%).
| Latest fiscal year | Forum Energy TechnologiesFET, 2025 | North American Construction GroupNOA, 2025 |
|---|---|---|
| Revenue | $791m | $919m |
| Revenue growth | -3.1% | 8.0% |
| Net income | −$9.7m | $24.2m |
| Operating margin | 3.8% | 8.5% |
| Net margin | -1.2% | 2.6% |
| Return on equity | -3.2% | 8.0% |
| Free cash flow | $64.4m | −$12.2m |
| Cash | $34.7m | $73.0m |
| Total debt | $142m | $664m |
| Debt to equity | 48.7% | 199.4% |
| Dividend per share | — | — |
| Dividend yield | — | 2.8% |
| Share buybacks | $34.6m | $27.5m |
| Employees | 1,700 | — |
| Market value | $936m | $340m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 32 (Weak) | — |
| Insider trades, 12 months | 0 buys, 15 sales | 0 buys, 0 sales |