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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and FORUM ENERGY TECHNOLOGIES, INC. (FET). Click either name above to swap in a different company.

DIVERSIFIED HEALTHCARE TRUST is the larger business by last-quarter revenue ($379.6M vs $208.7M, roughly 1.8× FORUM ENERGY TECHNOLOGIES, INC.). FORUM ENERGY TECHNOLOGIES, INC. runs the higher net margin — 2.2% vs -5.6%, a 7.7% gap on every dollar of revenue. On growth, FORUM ENERGY TECHNOLOGIES, INC. posted the faster year-over-year revenue change (3.2% vs -0.0%). FORUM ENERGY TECHNOLOGIES, INC. produced more free cash flow last quarter ($1.4M vs $-166.4M). Over the past eight quarters, DIVERSIFIED HEALTHCARE TRUST's revenue compounded faster (1.2% CAGR vs 0.8%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

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

DHC vs FET — Head-to-Head

Bigger by revenue
DHC
DHC
1.8× larger
DHC
$379.6M
$208.7M
FET
Growing faster (revenue YoY)
FET
FET
+3.2% gap
FET
3.2%
-0.0%
DHC
Higher net margin
FET
FET
7.7% more per $
FET
2.2%
-5.6%
DHC
More free cash flow
FET
FET
$167.8M more FCF
FET
$1.4M
$-166.4M
DHC
Faster 2-yr revenue CAGR
DHC
DHC
Annualised
DHC
1.2%
0.8%
FET

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DHC
DHC
FET
FET
Revenue
$379.6M
$208.7M
Net Profit
$-21.2M
$4.5M
Gross Margin
29.2%
Operating Margin
-12.6%
5.3%
Net Margin
-5.6%
2.2%
Revenue YoY
-0.0%
3.2%
Net Profit YoY
75.7%
300.4%
EPS (diluted)
$-0.09
$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
DHC
DHC
FET
FET
Q1 26
$208.7M
Q4 25
$379.6M
$202.2M
Q3 25
$388.7M
$196.2M
Q2 25
$382.7M
$199.8M
Q1 25
$386.9M
$193.3M
Q4 24
$379.6M
$201.0M
Q3 24
$373.6M
$207.8M
Q2 24
$371.4M
$205.2M
Net Profit
DHC
DHC
FET
FET
Q1 26
$4.5M
Q4 25
$-21.2M
$2.1M
Q3 25
$-164.0M
$-20.6M
Q2 25
$-91.6M
$7.7M
Q1 25
$-9.0M
$1.1M
Q4 24
$-87.4M
$-103.5M
Q3 24
$-98.7M
$-14.8M
Q2 24
$-97.9M
$-6.7M
Gross Margin
DHC
DHC
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
DHC
DHC
FET
FET
Q1 26
5.3%
Q4 25
-12.6%
6.3%
Q3 25
-43.4%
-3.1%
Q2 25
-24.5%
7.4%
Q1 25
-2.7%
4.6%
Q4 24
-26.1%
-53.1%
Q3 24
-26.5%
4.3%
Q2 24
-23.0%
3.9%
Net Margin
DHC
DHC
FET
FET
Q1 26
2.2%
Q4 25
-5.6%
1.0%
Q3 25
-42.2%
-10.5%
Q2 25
-23.9%
3.9%
Q1 25
-2.3%
0.6%
Q4 24
-23.0%
-51.5%
Q3 24
-26.4%
-7.1%
Q2 24
-26.3%
-3.3%
EPS (diluted)
DHC
DHC
FET
FET
Q1 26
$0.39
Q4 25
$-0.09
$0.25
Q3 25
$-0.68
$-1.76
Q2 25
$-0.38
$0.61
Q1 25
$-0.04
$0.09
Q4 24
$-0.37
$-8.41
Q3 24
$-0.41
$-1.20
Q2 24
$-0.41
$-0.54

Balance Sheet & Financial Strength

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

Metric
DHC
DHC
FET
FET
Cash + ST InvestmentsLiquidity on hand
$105.4M
$37.5M
Total DebtLower is stronger
$2.4B
$153.7M
Stockholders' EquityBook value
$1.7B
$280.7M
Total Assets
$4.4B
$763.1M
Debt / EquityLower = less leverage
1.47×
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
FET
FET
Q1 26
$37.5M
Q4 25
$105.4M
$34.7M
Q3 25
$201.4M
$31.7M
Q2 25
$141.8M
$39.0M
Q1 25
$302.6M
$31.1M
Q4 24
$144.6M
$44.7M
Q3 24
$256.5M
$33.3M
Q2 24
$265.6M
$31.8M
Total Debt
DHC
DHC
FET
FET
Q1 26
$153.7M
Q4 25
$2.4B
$135.9M
Q3 25
$140.0M
Q2 25
$159.3M
Q1 25
$171.4M
Q4 24
$3.1B
$188.4M
Q3 24
$231.5M
Q2 24
$252.9M
Stockholders' Equity
DHC
DHC
FET
FET
Q1 26
$280.7M
Q4 25
$1.7B
$291.1M
Q3 25
$1.7B
$297.3M
Q2 25
$1.9B
$334.2M
Q1 25
$1.9B
$320.0M
Q4 24
$2.0B
$319.9M
Q3 24
$2.0B
$443.5M
Q2 24
$2.1B
$442.0M
Total Assets
DHC
DHC
FET
FET
Q1 26
$763.1M
Q4 25
$4.4B
$752.5M
Q3 25
$4.7B
$770.1M
Q2 25
$4.8B
$810.1M
Q1 25
$5.0B
$790.1M
Q4 24
$5.1B
$816.0M
Q3 24
$5.3B
$973.7M
Q2 24
$5.3B
$976.8M
Debt / Equity
DHC
DHC
FET
FET
Q1 26
0.55×
Q4 25
1.47×
0.47×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.54×
Q4 24
1.56×
0.59×
Q3 24
0.52×
Q2 24
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
DHC
DHC
FET
FET
Operating Cash FlowLast quarter
$-19.6M
$1.6M
Free Cash FlowOCF − Capex
$-166.4M
$1.4M
FCF MarginFCF / Revenue
-43.8%
0.7%
Capex IntensityCapex / Revenue
38.7%
0.1%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters
$-280.3M
$58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
FET
FET
Q1 26
$1.6M
Q4 25
$-19.6M
$22.4M
Q3 25
$-49.3M
$22.9M
Q2 25
$53.0M
$15.8M
Q1 25
$-3.2M
$9.3M
Q4 24
$112.2M
$38.5M
Q3 24
$21.1M
$25.6M
Q2 24
$44.3M
$23.1M
Free Cash Flow
DHC
DHC
FET
FET
Q1 26
$1.4M
Q4 25
$-166.4M
$20.9M
Q3 25
$-89.8M
$21.5M
Q2 25
$18.8M
$14.8M
Q1 25
$-42.9M
$7.2M
Q4 24
$-89.5M
$36.1M
Q3 24
$-26.1M
$24.3M
Q2 24
$3.3M
$21.6M
FCF Margin
DHC
DHC
FET
FET
Q1 26
0.7%
Q4 25
-43.8%
10.3%
Q3 25
-23.1%
10.9%
Q2 25
4.9%
7.4%
Q1 25
-11.1%
3.7%
Q4 24
-23.6%
18.0%
Q3 24
-7.0%
11.7%
Q2 24
0.9%
10.5%
Capex Intensity
DHC
DHC
FET
FET
Q1 26
0.1%
Q4 25
38.7%
0.8%
Q3 25
10.4%
0.7%
Q2 25
8.9%
0.5%
Q1 25
10.2%
1.1%
Q4 24
53.1%
1.2%
Q3 24
12.6%
0.6%
Q2 24
11.0%
0.7%
Cash Conversion
DHC
DHC
FET
FET
Q1 26
0.36×
Q4 25
10.83×
Q3 25
Q2 25
2.05×
Q1 25
8.31×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

FET
FET

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

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