Forum Energy Technologies (FET) EV to EBITDA (2012 - 2026)
Forum Energy Technologies' (FET) quarterly EV to EBITDA came in at 25.9 in Q2 2026, up 97.28% on a YoY basis from 13.13 in Q2 2025, and down 54.44% quarter-over-quarter from 56.85 in Q1 2026.
Analysis
Forum Energy Technologies (FET) EV to EBITDA (2012 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported EV to EBITDA for 15 consecutive years, with 25.9 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA rose 97.28% year-over-year to 25.9; the trailing twelve-month figure through Jun 2026 stood at 13.92 (up 637.15% YoY), and the FY2025 full-year result was 12.65, up 848.41% from the prior year.
- EV to EBITDA declined to 25.9 in Q2 2026 per FET's latest filing, from 56.85 in the prior quarter.
- Across five years, EV to EBITDA topped out at 100.86 in Q4 2023 and bottomed at 44.58 in Q3 2025.
- Historically, EV to EBITDA has averaged 23.97 across 5 years, with a median of 23.4 in 2025.
- The sharpest annual moves came in 2022 and 2025: EV to EBITDA tumbled 9107.71% in 2022, then soared 2275.97% in 2025.
- Over 5 years, EV to EBITDA stood at 12.68 in 2022, then soared by 695.59% to 100.86 in 2023, then slumped by 101.36% to 1.37 in 2024, then jumped by 2275.97% to 29.87 in 2025, then fell by 13.28% to 25.9 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 25.9, 56.85, and 29.87 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.90 |
| Mar 31, 2026 | 56.85 |
| Dec 31, 2025 | 29.87 |
| Sep 30, 2025 | -44.58 |
| Jun 30, 2025 | 13.13 |
| Mar 31, 2025 | 24.72 |
| Dec 31, 2024 | -1.37 |
| Sep 30, 2024 | 17.56 |
| Jun 30, 2024 | 22.09 |
| Mar 31, 2024 | 61.54 |
| Dec 31, 2023 | 100.86 |
| Sep 30, 2023 | 36.62 |
| Jun 30, 2023 | 36.67 |
| Mar 31, 2023 | 30.85 |
| Dec 31, 2022 | 12.68 |
| Sep 30, 2022 | 13.24 |
| Jun 30, 2022 | 14.26 |
| Mar 31, 2022 | -19.34 |
| Dec 31, 2021 | -3.34 |
| Sep 30, 2021 | -10.57 |