Forum Energy Technologies FET
NYSE FET
$80.24 +0.38 (+0.48%)
As of: Sep 9, 2026 · 3:59 PM EDT

Forum Energy Technologies (FET) Debt Ratio (2011 - 2026)

Forum Energy Technologies' (FET) quarterly Debt Ratio came in at 0.19 in Q2 2026, down 5.34% on a YoY basis from 0.2 in Q2 2025, and down 7.45% quarter-over-quarter from 0.2 in Q1 2026.

Analysis

Forum Energy Technologies (FET) Debt Ratio (2011 - 2026) Analysis & Trends

Forum Energy Technologies (FET) has reported Debt Ratio for 16 consecutive years, with 0.19 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 5.34% year-over-year to 0.19; the trailing twelve-month figure through Jun 2026 stood at 0.19 (down 5.34% YoY), and the FY2025 full-year result was 0.18, down 21.72% from the prior year.
  • Debt Ratio slipped to 0.19 in Q2 2026 per FET's latest filing, from 0.2 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.33 in Q2 2022 and bottomed at 0.16 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.21 in 2026.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio sank 50.44% in 2023, then jumped 96.0% in 2024.
  • Over 5 years, Debt Ratio stood at 0.29 in 2022, then plunged by 44.27% to 0.16 in 2023, then jumped by 45.1% to 0.23 in 2024, then slipped by 21.72% to 0.18 in 2025, then climbed by 3.07% to 0.19 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.2, and 0.18 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 TechnipFMC 30.87 Bn 29.63 Bn 1.40 Bn 0.08
2 Nov 7.72 Bn 6.56 Bn 521.00 Mn 0.15
3 Cactus 4.82 Bn 4.46 Bn 215.38 Mn -
4 Enerflex 2.77 Bn 2.69 Bn 139.00 Mn 0.19
5 Innovex International 2.06 Bn 1.83 Bn 83.65 Mn 0.02
6 Forum Energy Technologies 911.33 Mn 877.61 Mn 71.35 Mn 0.19
7 Flowco Holdings 898.72 Mn 898.72 Mn 49.17 Mn 0.31
8 Oil States International 509.94 Mn 490.13 Mn 38.71 Mn 0.02
9 OMS Energy Technologies 197.41 Mn 43.45 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn 0.04
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 0.20
Dec 31, 2025 0.18
Sep 30, 2025 0.18
Jun 30, 2025 0.20
Mar 31, 2025 0.22
Dec 31, 2024 0.23
Sep 30, 2024 0.31
Jun 30, 2024 0.27
Mar 31, 2024 0.29
Dec 31, 2023 0.16
Sep 30, 2023 0.16
Jun 30, 2023 0.17
Mar 31, 2023 0.18
Dec 31, 2022 0.29
Sep 30, 2022 0.31
Jun 30, 2022 0.33
Mar 31, 2022 0.30
Dec 31, 2021 0.30
Sep 30, 2021 0.29