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Side-by-side financial comparison of CareTrust REIT, Inc. (CTRE) and FORUM ENERGY TECHNOLOGIES, INC. (FET). Click either name above to swap in a different company.

FORUM ENERGY TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($208.7M vs $134.9M, roughly 1.5× CareTrust REIT, Inc.). CareTrust REIT, Inc. runs the higher net margin — 82.5% vs 2.2%, a 80.4% gap on every dollar of revenue. On growth, CareTrust REIT, Inc. posted the faster year-over-year revenue change (55.1% vs 3.2%). Over the past eight quarters, CareTrust REIT, Inc.'s revenue compounded faster (46.2% CAGR vs 0.8%).

Target Healthcare REIT is a British property investment company which invests in healthcare properties and holds a large portfolio of care homes. It is structured as a real estate investment trust (REIT) and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.

CTRE vs FET — Head-to-Head

Bigger by revenue
FET
FET
1.5× larger
FET
$208.7M
$134.9M
CTRE
Growing faster (revenue YoY)
CTRE
CTRE
+51.9% gap
CTRE
55.1%
3.2%
FET
Higher net margin
CTRE
CTRE
80.4% more per $
CTRE
82.5%
2.2%
FET
Faster 2-yr revenue CAGR
CTRE
CTRE
Annualised
CTRE
46.2%
0.8%
FET

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTRE
CTRE
FET
FET
Revenue
$134.9M
$208.7M
Net Profit
$111.3M
$4.5M
Gross Margin
29.2%
Operating Margin
5.3%
Net Margin
82.5%
2.2%
Revenue YoY
55.1%
3.2%
Net Profit YoY
113.5%
300.4%
EPS (diluted)
$0.52
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTRE
CTRE
FET
FET
Q1 26
$208.7M
Q4 25
$134.9M
$202.2M
Q3 25
$132.4M
$196.2M
Q2 25
$112.5M
$199.8M
Q1 25
$96.6M
$193.3M
Q4 24
$86.9M
$201.0M
Q3 24
$77.4M
$207.8M
Q2 24
$68.9M
$205.2M
Net Profit
CTRE
CTRE
FET
FET
Q1 26
$4.5M
Q4 25
$111.3M
$2.1M
Q3 25
$74.9M
$-20.6M
Q2 25
$68.5M
$7.7M
Q1 25
$65.8M
$1.1M
Q4 24
$52.1M
$-103.5M
Q3 24
$33.4M
$-14.8M
Q2 24
$10.8M
$-6.7M
Gross Margin
CTRE
CTRE
FET
FET
Q1 26
29.2%
Q4 25
30.2%
Q3 25
20.5%
Q2 25
29.7%
Q1 25
30.2%
Q4 24
31.1%
Q3 24
31.6%
Q2 24
30.7%
Operating Margin
CTRE
CTRE
FET
FET
Q1 26
5.3%
Q4 25
6.3%
Q3 25
58.1%
-3.1%
Q2 25
61.3%
7.4%
Q1 25
4.6%
Q4 24
-53.1%
Q3 24
43.0%
4.3%
Q2 24
15.1%
3.9%
Net Margin
CTRE
CTRE
FET
FET
Q1 26
2.2%
Q4 25
82.5%
1.0%
Q3 25
56.6%
-10.5%
Q2 25
60.9%
3.9%
Q1 25
68.1%
0.6%
Q4 24
60.0%
-51.5%
Q3 24
43.2%
-7.1%
Q2 24
15.6%
-3.3%
EPS (diluted)
CTRE
CTRE
FET
FET
Q1 26
$0.39
Q4 25
$0.52
$0.25
Q3 25
$0.35
$-1.76
Q2 25
$0.35
$0.61
Q1 25
$0.35
$0.09
Q4 24
$0.30
$-8.41
Q3 24
$0.21
$-1.20
Q2 24
$0.07
$-0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTRE
CTRE
FET
FET
Cash + ST InvestmentsLiquidity on hand
$198.0M
$37.5M
Total DebtLower is stronger
$894.2M
$153.7M
Stockholders' EquityBook value
$4.0B
$280.7M
Total Assets
$5.1B
$763.1M
Debt / EquityLower = less leverage
0.22×
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRE
CTRE
FET
FET
Q1 26
$37.5M
Q4 25
$198.0M
$34.7M
Q3 25
$712.5M
$31.7M
Q2 25
$306.1M
$39.0M
Q1 25
$26.5M
$31.1M
Q4 24
$213.8M
$44.7M
Q3 24
$377.1M
$33.3M
Q2 24
$495.1M
$31.8M
Total Debt
CTRE
CTRE
FET
FET
Q1 26
$153.7M
Q4 25
$894.2M
$135.9M
Q3 25
$893.8M
$140.0M
Q2 25
$1.2B
$159.3M
Q1 25
$822.1M
$171.4M
Q4 24
$396.9M
$188.4M
Q3 24
$396.7M
$231.5M
Q2 24
$671.1M
$252.9M
Stockholders' Equity
CTRE
CTRE
FET
FET
Q1 26
$280.7M
Q4 25
$4.0B
$291.1M
Q3 25
$4.0B
$297.3M
Q2 25
$3.3B
$334.2M
Q1 25
$2.9B
$320.0M
Q4 24
$2.9B
$319.9M
Q3 24
$2.4B
$443.5M
Q2 24
$1.9B
$442.0M
Total Assets
CTRE
CTRE
FET
FET
Q1 26
$763.1M
Q4 25
$5.1B
$752.5M
Q3 25
$5.1B
$770.1M
Q2 25
$4.7B
$810.1M
Q1 25
$3.9B
$790.1M
Q4 24
$3.4B
$816.0M
Q3 24
$2.9B
$973.7M
Q2 24
$2.7B
$976.8M
Debt / Equity
CTRE
CTRE
FET
FET
Q1 26
0.55×
Q4 25
0.22×
0.47×
Q3 25
0.22×
0.47×
Q2 25
0.35×
0.48×
Q1 25
0.28×
0.54×
Q4 24
0.14×
0.59×
Q3 24
0.16×
0.52×
Q2 24
0.35×
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTRE
CTRE
FET
FET
Operating Cash FlowLast quarter
$394.0M
$1.6M
Free Cash FlowOCF − Capex
$1.4M
FCF MarginFCF / Revenue
0.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
3.54×
0.36×
TTM Free Cash FlowTrailing 4 quarters
$58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRE
CTRE
FET
FET
Q1 26
$1.6M
Q4 25
$394.0M
$22.4M
Q3 25
$100.9M
$22.9M
Q2 25
$100.8M
$15.8M
Q1 25
$71.4M
$9.3M
Q4 24
$244.3M
$38.5M
Q3 24
$67.2M
$25.6M
Q2 24
$53.0M
$23.1M
Free Cash Flow
CTRE
CTRE
FET
FET
Q1 26
$1.4M
Q4 25
$20.9M
Q3 25
$21.5M
Q2 25
$14.8M
Q1 25
$7.2M
Q4 24
$36.1M
Q3 24
$24.3M
Q2 24
$21.6M
FCF Margin
CTRE
CTRE
FET
FET
Q1 26
0.7%
Q4 25
10.3%
Q3 25
10.9%
Q2 25
7.4%
Q1 25
3.7%
Q4 24
18.0%
Q3 24
11.7%
Q2 24
10.5%
Capex Intensity
CTRE
CTRE
FET
FET
Q1 26
0.1%
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
1.1%
Q4 24
1.2%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
CTRE
CTRE
FET
FET
Q1 26
0.36×
Q4 25
3.54×
10.83×
Q3 25
1.35×
Q2 25
1.47×
2.05×
Q1 25
1.08×
8.31×
Q4 24
4.68×
Q3 24
2.01×
Q2 24
4.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTRE
CTRE

Segment breakdown not available.

FET
FET

Drilling and Completions$126.7M61%
Downhole$50.6M24%
Production Equipment$18.8M9%
Valve Solutions$12.8M6%

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