Forum Energy Technologies (FET) Invested Capital (2011 - 2026)
Forum Energy Technologies' Invested Capital was $433.49 million in Q2 2026, down 12.2% from $493.55 million a year earlier and down 0.2% from the prior quarter.
Powered by 
Analysis
Forum Energy Technologies (FET) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Invested Capital at Forum Energy Technologies came in at $427.07 million, down 16.0% from FY2024.
- Invested Capital has now declined for eight consecutive years, with a five-year compound annual growth rate of -9.4% (FY2020 to FY2025).
- In earlier years, Invested Capital was $508.29 million in FY2024 (-6.5%), $543.39 million in FY2023 (-0.7%), $546.95 million in FY2022 (-2.7%) and $562.36 million in FY2021 (-19.8%).
- Quarterly Invested Capital has moved between $427.07 million (Q4 2025) and $733.65 million (Q1 2024) over five years.
- Compared with a year earlier, Invested Capital has declined for seven straight quarters, with an average decline of 15.0% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q1 2024 (growth of 28.7%); the worst was Q3 2025 (a decline of 35.2%).
- Per Business Quant data, FET's Invested Capital in the three quarters before Q2 2026 was $434.4 million (Q1 2026), $427.07 million (Q4 2025) and $437.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 40.05 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 36.34 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 3.68 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 11.14 Bn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 7.97 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 6.37 Bn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 13.49 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 3.27 Bn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 4.31 Bn |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 433.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 433.49 Mn |
| Mar 31, 2026 | 434.40 Mn |
| Dec 31, 2025 | 427.07 Mn |
| Sep 30, 2025 | 437.30 Mn |
| Jun 30, 2025 | 493.55 Mn |
| Mar 31, 2025 | 491.42 Mn |
| Dec 31, 2024 | 508.29 Mn |
| Sep 30, 2024 | 675.07 Mn |
| Jun 30, 2024 | 694.86 Mn |
| Mar 31, 2024 | 733.65 Mn |
| Dec 31, 2023 | 543.39 Mn |
| Sep 30, 2023 | 546.73 Mn |
| Jun 30, 2023 | 558.16 Mn |
| Mar 31, 2023 | 569.83 Mn |
| Dec 31, 2022 | 546.95 Mn |
| Sep 30, 2022 | 550.62 Mn |
| Jun 30, 2022 | 577.99 Mn |
| Mar 31, 2022 | 549.25 Mn |
| Dec 31, 2021 | 562.36 Mn |
| Sep 30, 2021 | 578.15 Mn |
API Access
Forum Energy Technologies Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();