Forum Energy Technologies (FET) vs NOV (NOV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Forum Energy Technologies (FET) has outperformed NOV (NOV) over the past year, gaining 218.5% versus a gain of 36.0%. Over five years, FET leads with a +251.6% price change compared with +24.2% for NOV. NOV is the larger company by market cap ($6.64 billion vs $944.2 million), about 7.0 times the size.
On valuation, NOV trades at a lower forward P/E (14.5x vs 16.6x for Forum Energy Technologies). NOV pays a dividend yielding 1.77%, while Forum Energy Technologies does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FET | NOV |
|---|---|---|
| Share price | $82.30 | $18.62 |
| Market cap | $944.20M | $6.64B |
| 1-day change | -2.52% | -2.00% |
| YTD return | +122.73% | +19.13% |
| 1-year return | +218.50% | +36.01% |
| 5-year return | +251.56% | +24.22% |
| P/E ratio (TTM) | — | 68.96 |
| Forward P/E | 16.59 | 14.52 |
| EPS (TTM) | $-0.16 | $0.27 |
| Dividend yield | 0.00% | 1.77% |
| Annual dividend | $0.00 | $0.33 |
| Revenue (latest FY) | — | $8.74B |
| Revenue growth (YoY) | — | -1.42% |
| Net income (latest FY) | — | $145.00M |
| Gross margin | — | 20.21% |
| Operating margin | — | 5.65% |
| Net margin | — | 1.66% |
| 52-week high | $89.93 | $21.93 |
| 52-week low | $25.24 | $12.29 |
| Distance from 52-week high | -8.48% | -15.09% |
| Analyst consensus | none | buy |
| Avg. price target upside | +10.57% | +18.85% |
| Average volume | 190.78K | 3.32M |
| Shares outstanding | 11.47M | 356.48M |
| Employees | 1,700 | 31,605 |
| Sector | Energy | Consumer Discretionary |
| Industry | Oil & Gas Equipment & Services | Oil and Gas Field Machinery |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NOV is about 7.0 times larger than Forum Energy Technologies by market value ($6.64B vs $944.20M).
- FET has outperformed NOV by 182.5 percentage points over the past year.
- NOV offers a meaningfully higher dividend yield (1.77% vs 0.00%).
- The two companies sit in different sectors: Forum Energy Technologies in Energy and NOV in Consumer Discretionary.
About Forum Energy Technologies
FET stock →Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally.
Energy · Oil & Gas Equipment & Services · 1,700 employees
About NOV
NOV stock →NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.
Consumer Discretionary · Oil and Gas Field Machinery · 31,605 employees
FET vs NOV FAQ
Which is bigger, Forum Energy Technologies or NOV?
NOV (NOV) is larger, with a market capitalization of $6.64B compared with $944.20M for Forum Energy Technologies (FET).
Which stock has performed better over the past year, FET or NOV?
FET returned +218.50% over the past 12 months, compared with +36.01% for NOV (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Forum Energy Technologies or NOV?
NOV pays a dividend yielding 1.77%, while Forum Energy Technologies does not currently pay a regular dividend.
Are Forum Energy Technologies and NOV in the same industry?
No. Forum Energy Technologies is in the Energy sector, while NOV is in Consumer Discretionary.