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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |