Forum Energy Technologies FET
NYSE FET
$78.57 -3.09 (-3.78%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Forum Energy Technologies (FET) posted quarterly Debt Ratio of 0.19 for Q2 2026, down 5.34% year-over-year from 0.2 in Q2 2025, and down 7.45% on a QoQ basis from 0.2 in Q1 2026.

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

Forum Energy Technologies has reported Debt Ratio for 16 years, with the latest figure at 0.19 in Q2 2026.

  • Debt Ratio for Q2 2026 came in at 0.19, down 5.34% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.19 (down 5.34% YoY), and the FY2025 annual result was 0.18, down 21.72% from the prior year.
  • Debt Ratio slipped to 0.19 in Q2 2026, from 0.2 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.33 in Q2 2022 and troughed at 0.16 in Q3 2023.
  • A 5-year average of 0.23 and a median of 0.21 in 2026 frame the typical range for Debt Ratio.
  • The widest annual swing landed in 2023, when Debt Ratio tumbled 50.44%; it then soared 96.0% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.29 in 2022, then plunged by 44.27% to 0.16 in 2023, then surged by 45.1% to 0.23 in 2024, then retreated by 21.72% to 0.18 in 2025, then gained by 3.07% to 0.19 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.19 in Q2 2026, 0.2 in Q1 2026, and 0.18 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Slb 79.95 Bn 75.87 Bn 4.63 Bn 0.20
2 Baker Hughes 62.26 Bn 46.53 Bn 1.58 Bn 0.31
3 Tenaris 53.14 Bn 44.12 Bn 984.66 0.01
4 TechnipFMC 30.70 Bn 29.46 Bn 1.40 Bn 0.05
5 Halliburton 29.75 Bn 27.71 Bn 2.10 Bn 0.28
6 Nov 7.28 Bn 6.12 Bn 521.00 Mn 0.15
7 Weatherford International 6.57 Bn 5.43 Bn 662.00 Mn 0.29
8 Kodiak Gas Services 5.74 Bn 5.61 Bn 246.76 Mn 0.50
9 Archrock 5.62 Bn 5.62 Bn 244.51 Mn 0.53
10 Forum Energy Technologies 876.56 Mn 842.84 Mn 71.35 Mn 0.19

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 0.28
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