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| 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 | 0.28 |
| 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 |