Forum Energy Technologies (FET) Asset Utilization Ratio (2012 - 2026)

Forum Energy Technologies (FET) reported Asset Utilization Ratio of 1.06 for Q1 2026, up 5.92% on a YoY basis from 1.01 in Q1 2025, and up 2.42% quarter-over-quarter from 1.04 in Q4 2025.

Forum Energy Technologies (FET) Asset Utilization Ratio (2012 - 2026) Analysis & Trends

Forum Energy Technologies has reported Asset Utilization Ratio for 15 years, with the latest figure at 1.06 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 5.92% year-over-year to 1.06; the trailing twelve-month figure through Mar 2026 stood at 1.06 (up 5.92% YoY), and the FY2025 full-year result was 1.01, up 1.18% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.06, up from 1.04 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.06 in Q1 2026, with the low at 0.74 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.89 across 5 years, with a median of 0.88 in 2023.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 43.46% — and 2024, when it dropped 12.38%.
  • Forum Energy Technologies' Asset Utilization Ratio stood at 0.86 in 2022, then increased by 3.97% to 0.9 in 2023, then rose by 1.87% to 0.91 in 2024, then rose by 13.95% to 1.04 in 2025, then climbed by 2.42% to 1.06 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.06 (Q1 2026), 1.04 (Q4 2025), and 1.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.51
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.61
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.88
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.77
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.95
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.30
10 Forum Energy Technologies 565.30 Mn 527.81 Mn 60.99 Mn 1.06

Historic Data

Download Data
DateValue
Mar 31, 2026 1.06
Dec 31, 2025 1.04
Sep 30, 2025 1.00
Jun 30, 2025 1.00
Mar 31, 2025 1.01
Dec 31, 2024 0.91
Sep 30, 2024 0.82
Jun 30, 2024 0.77
Mar 31, 2024 0.82
Dec 31, 2023 0.90
Sep 30, 2023 0.89
Jun 30, 2023 0.88
Mar 31, 2023 0.87
Dec 31, 2022 0.86
Sep 30, 2022 0.82
Jun 30, 2022 0.77
Mar 31, 2022 0.74
Dec 31, 2021 0.68
Sep 30, 2021 0.63
Jun 30, 2021 0.57