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| Date | Value |
|---|---|
| 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 |