Forum Energy Technologies vs Solaris Energy Infrastructure
Forum Energy Technologies is the larger business, with $791m of revenue in fiscal 2025 against $622m for Solaris Energy Infrastructure (1.3 times as much). Solaris Energy Infrastructure grew faster (98.7% against -3.1%). Solaris Energy Infrastructure kept more of each dollar of sales as profit: a net margin of 4.8% against -1.2%.
| Latest fiscal year | Forum Energy TechnologiesFET, 2025 | Solaris Energy InfrastructureSEI, 2025 |
|---|---|---|
| Revenue | $791m | $622m |
| Revenue growth | -3.1% | 98.7% |
| Net income | −$9.7m | $30.2m |
| Operating margin | 3.8% | — |
| Net margin | -1.2% | 4.8% |
| Return on equity | -3.2% | 6.6% |
| Free cash flow | $64.4m | −$438m |
| Cash | $34.7m | $353m |
| Total debt | $142m | $184m |
| Debt to equity | 48.7% | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.6% |
| Share buybacks | $34.6m | $0 |
| Employees | 1,700 | 468 |
| Market value | $944m | $4.59bn |
| Price vs our value range | Below our value range | — |
| Moat score | 32 (Weak) | 20 (Weak) |
| Insider trades, 12 months | 0 buys, 15 sales | 7 buys, 12 sales |