Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Interest Coverage Ratio of 4.27 for Q2 2026, down 94.64% year-over-year from 79.8 in Q2 2025, and up 97.49% on a QoQ basis from 2.16 in Q1 2026.
Forum Energy Technologies (FET) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Interest Coverage Ratio for 16 years, with the latest figure at 4.27 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 4.27, down 94.64% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.96 (up 332.48% YoY), and the FY2025 annual result was 1.69, up 596.41% from the prior year.
- Interest Coverage Ratio climbed to 4.27 in Q2 2026, from 2.16 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 79.8 in Q2 2025 and troughed at 5.61 in Q4 2024.
- A 5-year average of 6.24 and a median of 0.97 in 2023 frame the typical range for Interest Coverage Ratio.
- The largest YoY upside for Interest Coverage Ratio was 1470.85% in 2024 against a maximum downside of 1008.11% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.04 in 2022, then jumped by 1275.82% to 0.62 in 2023, then plunged by 1008.11% to 5.61 in 2024, then soared by 131.89% to 1.79 in 2025, then surged by 138.87% to 4.27 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 4.27 in Q2 2026, 2.16 in Q1 2026, and 1.79 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.53 Bn | 75.46 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 62.51 Bn | 46.78 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.15 Bn | 44.13 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.87 Bn | 29.62 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.47 Bn | 27.43 Bn | 2.10 Bn | - |
| 6 | Nov | 7.27 Bn | 6.11 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.52 Bn | 5.38 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.68 Bn | 5.54 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.54 Bn | 5.54 Bn | 244.51 Mn | 5.53 |
| 10 | Forum Energy Technologies | 889.76 Mn | 856.05 Mn | 71.35 Mn | 164.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.27 |
| Mar 31, 2026 | 2.16 |
| Dec 31, 2025 | 223.93 |
| Sep 30, 2025 | -1.09 |
| Jun 30, 2025 | 2.50 |
| Mar 31, 2025 | 4.53 |
| Dec 31, 2024 | 27.48 |
| Sep 30, 2024 | 15.40 |
| Jun 30, 2024 | 6.46 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.10 |
| 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 |