Forum Energy Technologies (FET) Asset Utilization Ratio (2012 - 2026)
Forum Energy Technologies' (FET) quarterly Asset Utilization Ratio came in at 1.09 in Q2 2026, up 8.43% on a YoY basis from 1.0 in Q2 2025, and up 2.05% quarter-over-quarter from 1.06 in Q1 2026.
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Forum Energy Technologies (FET) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Asset Utilization Ratio for 15 consecutive years, with 1.09 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 8.43% year-over-year to 1.09; the trailing twelve-month figure through Jun 2026 stood at 1.09 (up 8.43% YoY), and the FY2025 full-year result was 1.01, up 1.18% from the prior year.
- Asset Utilization Ratio grew to 1.09 in Q2 2026 per FET's latest filing, from 1.06 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.09 in Q2 2026 and bottomed at 0.74 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.9 across 5 years, with a median of 0.89 in 2023.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio surged 43.46% in 2022, then declined 12.38% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.86 in 2022, then gained by 3.97% to 0.9 in 2023, then advanced by 1.87% to 0.91 in 2024, then advanced by 13.95% to 1.04 in 2025, then grew by 4.52% to 1.09 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.09, 1.06, and 1.04 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 31.37 Bn | 30.13 Bn | 1.40 Bn | 1.02 |
| 2 | Nov | 7.64 Bn | 6.53 Bn | 521.00 Mn | 0.77 |
| 3 | Cactus | 4.89 Bn | 4.76 Bn | 215.38 Mn | 0.54 |
| 4 | Enerflex | 2.71 Bn | 2.63 Bn | 139.00 Mn | 0.94 |
| 5 | Innovex International | 2.07 Bn | 1.85 Bn | 83.65 Mn | 0.76 |
| 6 | Flowco Holdings | 1.91 Bn | 2.90 Bn | 49.17 Mn | 0.43 |
| 7 | Forum Energy Technologies | 901.05 Mn | 867.34 Mn | 71.35 Mn | 1.09 |
| 8 | Oil States International | 528.60 Mn | 508.80 Mn | 38.71 Mn | 0.76 |
| 9 | OMS Energy Technologies | 202.90 Mn | 56.69 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 1.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 |
| 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 |