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

Forum Energy Technologies (FET) reported Debt Ratio of 0.2 for Q1 2026, down 7.13% on a YoY basis from 0.22 in Q1 2025, and up 11.52% quarter-over-quarter from 0.18 in Q4 2025.

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 0.2 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 7.13% year-over-year to 0.2; the trailing twelve-month figure through Mar 2026 stood at 0.2 (down 7.13% YoY), and the FY2025 full-year result was 0.18, down 21.76% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.2, up from 0.18 in the prior quarter.
  • The five-year high for Debt Ratio was 0.33 in Q2 2022, with the low at 0.16 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.22 in 2025.
  • Annual changes were most pronounced in 2023 — Debt Ratio tumbled 50.69% — and 2024, when it jumped 57.28%.
  • Forum Energy Technologies' Debt Ratio stood at 0.29 in 2022, then sank by 44.59% to 0.16 in 2023, then surged by 44.98% to 0.23 in 2024, then fell by 21.76% to 0.18 in 2025, then increased by 11.52% to 0.2 in 2026.
  • The last three Debt Ratio figures came in at 0.2 (Q1 2026), 0.18 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.18
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.32
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.00
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.04
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.15
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.29
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.54
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.62
10 Forum Energy Technologies 565.30 Mn 527.81 Mn 60.99 Mn 0.20

Historic Data

Download Data
DateValue
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 0.24
Jun 30, 2024 0.26
Mar 31, 2024 0.28
Dec 31, 2023 0.16
Sep 30, 2023 0.16
Jun 30, 2023 0.16
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 0.29
Sep 30, 2021 0.29
Jun 30, 2021 0.29