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Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and Regency Centers (REG). Click either name above to swap in a different company.

Regency Centers is the larger business by last-quarter revenue ($404.2M vs $208.7M, roughly 1.9× FORUM ENERGY TECHNOLOGIES, INC.). Regency Centers runs the higher net margin — 50.1% vs 2.2%, a 47.9% gap on every dollar of revenue. On growth, Regency Centers posted the faster year-over-year revenue change (8.5% vs 3.2%). Over the past eight quarters, Regency Centers's revenue compounded faster (5.4% CAGR vs 0.8%).

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

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

FET vs REG — Head-to-Head

Bigger by revenue
REG
REG
1.9× larger
REG
$404.2M
$208.7M
FET
Growing faster (revenue YoY)
REG
REG
+5.3% gap
REG
8.5%
3.2%
FET
Higher net margin
REG
REG
47.9% more per $
REG
50.1%
2.2%
FET
Faster 2-yr revenue CAGR
REG
REG
Annualised
REG
5.4%
0.8%
FET

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FET
FET
REG
REG
Revenue
$208.7M
$404.2M
Net Profit
$4.5M
$202.5M
Gross Margin
29.2%
Operating Margin
5.3%
71.0%
Net Margin
2.2%
50.1%
Revenue YoY
3.2%
8.5%
Net Profit YoY
300.4%
134.1%
EPS (diluted)
$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
FET
FET
REG
REG
Q1 26
$208.7M
Q4 25
$202.2M
$404.2M
Q3 25
$196.2M
$387.6M
Q2 25
$199.8M
$380.8M
Q1 25
$193.3M
$380.9M
Q4 24
$201.0M
$372.5M
Q3 24
$207.8M
$360.3M
Q2 24
$205.2M
$357.3M
Net Profit
FET
FET
REG
REG
Q1 26
$4.5M
Q4 25
$2.1M
$202.5M
Q3 25
$-20.6M
$109.4M
Q2 25
$7.7M
$106.0M
Q1 25
$1.1M
$109.6M
Q4 24
$-103.5M
$86.5M
Q3 24
$-14.8M
$101.5M
Q2 24
$-6.7M
$102.7M
Gross Margin
FET
FET
REG
REG
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
FET
FET
REG
REG
Q1 26
5.3%
Q4 25
6.3%
71.0%
Q3 25
-3.1%
72.7%
Q2 25
7.4%
73.8%
Q1 25
4.6%
71.8%
Q4 24
-53.1%
71.1%
Q3 24
4.3%
72.5%
Q2 24
3.9%
72.3%
Net Margin
FET
FET
REG
REG
Q1 26
2.2%
Q4 25
1.0%
50.1%
Q3 25
-10.5%
28.2%
Q2 25
3.9%
27.8%
Q1 25
0.6%
28.8%
Q4 24
-51.5%
23.2%
Q3 24
-7.1%
28.2%
Q2 24
-3.3%
28.7%
EPS (diluted)
FET
FET
REG
REG
Q1 26
$0.39
Q4 25
$0.25
Q3 25
$-1.76
Q2 25
$0.61
Q1 25
$0.09
Q4 24
$-8.41
Q3 24
$-1.20
Q2 24
$-0.54

Balance Sheet & Financial Strength

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

Metric
FET
FET
REG
REG
Cash + ST InvestmentsLiquidity on hand
$37.5M
Total DebtLower is stronger
$153.7M
$4.7B
Stockholders' EquityBook value
$280.7M
$6.9B
Total Assets
$763.1M
$13.0B
Debt / EquityLower = less leverage
0.55×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FET
FET
REG
REG
Q1 26
$37.5M
Q4 25
$34.7M
Q3 25
$31.7M
Q2 25
$39.0M
Q1 25
$31.1M
Q4 24
$44.7M
Q3 24
$33.3M
Q2 24
$31.8M
Total Debt
FET
FET
REG
REG
Q1 26
$153.7M
Q4 25
$135.9M
$4.7B
Q3 25
$140.0M
$4.9B
Q2 25
$159.3M
$4.8B
Q1 25
$171.4M
$4.6B
Q4 24
$188.4M
$4.4B
Q3 24
$231.5M
$4.4B
Q2 24
$252.9M
$4.4B
Stockholders' Equity
FET
FET
REG
REG
Q1 26
$280.7M
Q4 25
$291.1M
$6.9B
Q3 25
$297.3M
$6.8B
Q2 25
$334.2M
$6.7B
Q1 25
$320.0M
$6.7B
Q4 24
$319.9M
$6.7B
Q3 24
$443.5M
$6.8B
Q2 24
$442.0M
$6.8B
Total Assets
FET
FET
REG
REG
Q1 26
$763.1M
Q4 25
$752.5M
$13.0B
Q3 25
$770.1M
$13.1B
Q2 25
$810.1M
$12.7B
Q1 25
$790.1M
$12.6B
Q4 24
$816.0M
$12.4B
Q3 24
$973.7M
$12.4B
Q2 24
$976.8M
$12.4B
Debt / Equity
FET
FET
REG
REG
Q1 26
0.55×
Q4 25
0.47×
0.69×
Q3 25
0.47×
0.72×
Q2 25
0.48×
0.72×
Q1 25
0.54×
0.69×
Q4 24
0.59×
0.66×
Q3 24
0.52×
0.65×
Q2 24
0.57×
0.64×

Cash Flow & Capital Efficiency

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

Metric
FET
FET
REG
REG
Operating Cash FlowLast quarter
$1.6M
$203.9M
Free Cash FlowOCF − Capex
$1.4M
FCF MarginFCF / Revenue
0.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.36×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FET
FET
REG
REG
Q1 26
$1.6M
Q4 25
$22.4M
$203.9M
Q3 25
$22.9M
$218.7M
Q2 25
$15.8M
$244.0M
Q1 25
$9.3M
$161.0M
Q4 24
$38.5M
$191.4M
Q3 24
$25.6M
$227.6M
Q2 24
$23.1M
$203.5M
Free Cash Flow
FET
FET
REG
REG
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
FET
FET
REG
REG
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
FET
FET
REG
REG
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
FET
FET
REG
REG
Q1 26
0.36×
Q4 25
10.83×
1.01×
Q3 25
2.00×
Q2 25
2.05×
2.30×
Q1 25
8.31×
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FET
FET

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

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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