Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2026)
Forum Energy Technologies (FET) posted Interest Coverage Ratio of 2.16 for Q1 2026, up 193.8% on a QoQ basis from 0.74 in Q4 2025, and down 52.25% year-over-year from 4.53 in Q1 2025.
Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 2.16 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 52.25% year-over-year to 2.16 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.36 (up 184.05% YoY) and the FY2025 annual result came in at 1.69, up 596.41% from the prior year.
- Interest Coverage Ratio was 2.16 for Q1 2026 at Forum Energy Technologies, up from 0.74 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 15.4 in Q3 2024 and bottomed at 15.32 in Q4 2024.
- A 5-year average of 1.17 and a median of 0.74 in 2025 frame the typical range for Interest Coverage Ratio.
- Peak annual rise in Interest Coverage Ratio reached 1470.85% in 2024, while the deepest fall reached 3871.8% in 2024.
- Forum Energy Technologies' Interest Coverage Ratio stood at 0.04 in 2022, then jumped by 804.29% to 0.41 in 2023, then slumped by 3871.8% to 15.32 in 2024, then surged by 104.81% to 0.74 in 2025, then jumped by 193.8% to 2.16 in 2026.
- Business Quant data shows FET's Interest Coverage Ratio at 2.16 in Q1 2026, 0.74 in Q4 2025, and 1.09 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.09 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -130.03 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 4.46 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 5.96 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.41 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 53.50 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 5.11 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 6.35 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 1.60 |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 Mn | 60.99 Mn | 2.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.16 |
| Dec 31, 2025 | 0.74 |
| Sep 30, 2025 | -1.09 |
| Jun 30, 2025 | 2.50 |
| Mar 31, 2025 | 4.53 |
| Dec 31, 2024 | -15.32 |
| Sep 30, 2024 | 15.40 |
| Jun 30, 2024 | 6.46 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.47 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | -0.30 |
| Dec 31, 2021 | -0.07 |
| Sep 30, 2021 | -0.35 |
| Jun 30, 2021 | -0.43 |