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Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.

Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $202.2M, roughly 1.7× FORUM ENERGY TECHNOLOGIES, INC.). FORUM ENERGY TECHNOLOGIES, INC. runs the higher net margin — 1.0% vs -6.6%, a 7.7% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 0.6%). Westrock Coffee Co produced more free cash flow last quarter ($27.8M vs $20.9M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs -0.0%).

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

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

FET vs WEST — Head-to-Head

Bigger by revenue
WEST
WEST
1.7× larger
WEST
$339.5M
$202.2M
FET
Growing faster (revenue YoY)
WEST
WEST
+47.7% gap
WEST
48.3%
0.6%
FET
Higher net margin
FET
FET
7.7% more per $
FET
1.0%
-6.6%
WEST
More free cash flow
WEST
WEST
$6.9M more FCF
WEST
$27.8M
$20.9M
FET
Faster 2-yr revenue CAGR
WEST
WEST
Annualised
WEST
32.8%
-0.0%
FET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FET
FET
WEST
WEST
Revenue
$202.2M
$339.5M
Net Profit
$2.1M
$-22.6M
Gross Margin
30.2%
11.5%
Operating Margin
6.3%
-2.6%
Net Margin
1.0%
-6.6%
Revenue YoY
0.6%
48.3%
Net Profit YoY
102.0%
8.3%
EPS (diluted)
$0.25
$-0.22

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
WEST
WEST
Q4 25
$202.2M
$339.5M
Q3 25
$196.2M
$354.8M
Q2 25
$199.8M
$280.9M
Q1 25
$193.3M
$213.8M
Q4 24
$201.0M
$229.0M
Q3 24
$207.8M
$220.9M
Q2 24
$205.2M
$208.4M
Q1 24
$202.4M
$192.5M
Net Profit
FET
FET
WEST
WEST
Q4 25
$2.1M
$-22.6M
Q3 25
$-20.6M
$-19.1M
Q2 25
$7.7M
$-21.6M
Q1 25
$1.1M
$-27.2M
Q4 24
$-103.5M
$-24.6M
Q3 24
$-14.8M
$-14.3M
Q2 24
$-6.7M
$-17.8M
Q1 24
$-10.3M
$-23.7M
Gross Margin
FET
FET
WEST
WEST
Q4 25
30.2%
11.5%
Q3 25
20.5%
11.7%
Q2 25
29.7%
14.7%
Q1 25
30.2%
13.6%
Q4 24
31.1%
16.6%
Q3 24
31.6%
16.8%
Q2 24
30.7%
19.9%
Q1 24
31.5%
19.4%
Operating Margin
FET
FET
WEST
WEST
Q4 25
6.3%
-2.6%
Q3 25
-3.1%
-2.4%
Q2 25
7.4%
-5.3%
Q1 25
4.6%
-6.1%
Q4 24
-53.1%
-4.3%
Q3 24
4.3%
-5.8%
Q2 24
3.9%
-7.9%
Q1 24
1.6%
-5.3%
Net Margin
FET
FET
WEST
WEST
Q4 25
1.0%
-6.6%
Q3 25
-10.5%
-5.4%
Q2 25
3.9%
-7.7%
Q1 25
0.6%
-12.7%
Q4 24
-51.5%
-10.7%
Q3 24
-7.1%
-6.5%
Q2 24
-3.3%
-8.5%
Q1 24
-5.1%
-12.3%
EPS (diluted)
FET
FET
WEST
WEST
Q4 25
$0.25
$-0.22
Q3 25
$-1.76
$-0.20
Q2 25
$0.61
$-0.23
Q1 25
$0.09
$-0.29
Q4 24
$-8.41
$-0.26
Q3 24
$-1.20
$-0.16
Q2 24
$-0.54
$-0.20
Q1 24
$-0.85
$-0.27

Balance Sheet & Financial Strength

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

Metric
FET
FET
WEST
WEST
Cash + ST InvestmentsLiquidity on hand
$34.7M
$49.9M
Total DebtLower is stronger
$135.9M
$444.1M
Stockholders' EquityBook value
$291.1M
$-1.9M
Total Assets
$752.5M
$1.2B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FET
FET
WEST
WEST
Q4 25
$34.7M
$49.9M
Q3 25
$31.7M
$34.0M
Q2 25
$39.0M
$44.0M
Q1 25
$31.1M
$33.1M
Q4 24
$44.7M
$26.2M
Q3 24
$33.3M
$22.4M
Q2 24
$31.8M
$24.3M
Q1 24
$48.5M
$12.6M
Total Debt
FET
FET
WEST
WEST
Q4 25
$135.9M
$444.1M
Q3 25
$140.0M
Q2 25
$159.3M
Q1 25
$171.4M
Q4 24
$188.4M
$393.1M
Q3 24
$231.5M
Q2 24
$252.9M
Q1 24
$287.5M
Stockholders' Equity
FET
FET
WEST
WEST
Q4 25
$291.1M
$-1.9M
Q3 25
$297.3M
$11.4M
Q2 25
$334.2M
$18.2M
Q1 25
$320.0M
$71.4M
Q4 24
$319.9M
$97.5M
Q3 24
$443.5M
$110.3M
Q2 24
$442.0M
$81.5M
Q1 24
$446.2M
$91.7M
Total Assets
FET
FET
WEST
WEST
Q4 25
$752.5M
$1.2B
Q3 25
$770.1M
$1.2B
Q2 25
$810.1M
$1.2B
Q1 25
$790.1M
$1.1B
Q4 24
$816.0M
$1.1B
Q3 24
$973.7M
$1.1B
Q2 24
$976.8M
$1.1B
Q1 24
$1.0B
$983.3M
Debt / Equity
FET
FET
WEST
WEST
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.54×
Q4 24
0.59×
4.03×
Q3 24
0.52×
Q2 24
0.57×
Q1 24
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
WEST
WEST
Operating Cash FlowLast quarter
$22.4M
$36.7M
Free Cash FlowOCF − Capex
$20.9M
$27.8M
FCF MarginFCF / Revenue
10.3%
8.2%
Capex IntensityCapex / Revenue
0.8%
2.6%
Cash ConversionOCF / Net Profit
10.83×
TTM Free Cash FlowTrailing 4 quarters
$64.4M
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FET
FET
WEST
WEST
Q4 25
$22.4M
$36.7M
Q3 25
$22.9M
$-26.6M
Q2 25
$15.8M
$-7.0M
Q1 25
$9.3M
$-22.1M
Q4 24
$38.5M
$2.8M
Q3 24
$25.6M
$-332.0K
Q2 24
$23.1M
$-23.7M
Q1 24
$5.0M
$8.0M
Free Cash Flow
FET
FET
WEST
WEST
Q4 25
$20.9M
$27.8M
Q3 25
$21.5M
$-44.7M
Q2 25
$14.8M
$-27.5M
Q1 25
$7.2M
$-63.4M
Q4 24
$36.1M
$-15.4M
Q3 24
$24.3M
$-36.7M
Q2 24
$21.6M
$-59.9M
Q1 24
$2.1M
$-60.9M
FCF Margin
FET
FET
WEST
WEST
Q4 25
10.3%
8.2%
Q3 25
10.9%
-12.6%
Q2 25
7.4%
-9.8%
Q1 25
3.7%
-29.7%
Q4 24
18.0%
-6.7%
Q3 24
11.7%
-16.6%
Q2 24
10.5%
-28.7%
Q1 24
1.0%
-31.7%
Capex Intensity
FET
FET
WEST
WEST
Q4 25
0.8%
2.6%
Q3 25
0.7%
5.1%
Q2 25
0.5%
7.3%
Q1 25
1.1%
19.3%
Q4 24
1.2%
7.9%
Q3 24
0.6%
16.5%
Q2 24
0.7%
17.4%
Q1 24
1.4%
35.8%
Cash Conversion
FET
FET
WEST
WEST
Q4 25
10.83×
Q3 25
Q2 25
2.05×
Q1 25
8.31×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FET
FET

Drilling And Completions Segment$127.2M63%
Artificial Lift And Downhole Segment$75.5M37%

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

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