Forum Energy Technologies (FET) Operating Leases (2019 - 2026)
Forum Energy Technologies' Operating Leases came in at $83.8 million for Q2 2026, up 4.5% from $80.22 million a year earlier but down 3.1% from the prior quarter.
Forum Energy Technologies (FET) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Forum Energy Technologies' Operating Leases was $83.96 million, up 14.8% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- Going back by year, Operating Leases was $73.15 million in FY2024 (+19.0%), $61.45 million in FY2023 (-4.9%), $64.63 million in FY2022 (+86.0%) and $34.75 million in FY2021 (-22.0%).
- The five-year range for quarterly Operating Leases is $28.03 million (Q3 2022) to $86.48 million (Q1 2026).
- Year-over-year, Operating Leases has increased for seven consecutive quarters, with growth averaging 19.7% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2023 (growth of 123.3%), and the weakest in Q2 2022 (a decline of 23.2%).
- Business Quant data shows FET's Operating Leases at $86.48 million (Q1 2026), $83.96 million (Q4 2025) and $85.18 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.12 Bn | 72.05 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.58 Bn | 18.68 Bn | 1.58 Bn |
| 3 | Halliburton | 28.36 Bn | 20.08 Bn | 804.00 Mn |
| 4 | TechnipFMC | 27.79 Bn | 23.92 Bn | 684.70 Mn |
| 5 | Noble | 7.02 Bn | 4.96 Bn | 239.27 Mn |
| 6 | Nov | 6.92 Bn | 1.66 Bn | 521.00 Mn |
| 7 | Transocean | 6.76 Bn | 4.47 Bn | 358.00 Mn |
| 8 | Valaris | 6.36 Bn | 3.97 Bn | 123.70 Mn |
| 9 | Weatherford International | 6.16 Bn | 2.09 Bn | 333.00 Mn |
| 10 | Forum Energy Technologies | 978.05 Mn | 840.49 Mn | 71.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.80 Mn |
| Mar 31, 2026 | 86.48 Mn |
| Dec 31, 2025 | 83.96 Mn |
| Sep 30, 2025 | 85.18 Mn |
| Jun 30, 2025 | 80.22 Mn |
| Mar 31, 2025 | 70.73 Mn |
| Dec 31, 2024 | 73.15 Mn |
| Sep 30, 2024 | 57.91 Mn |
| Jun 30, 2024 | 57.52 Mn |
| Mar 31, 2024 | 59.90 Mn |
| Dec 31, 2023 | 61.45 Mn |
| Sep 30, 2023 | 62.57 Mn |
| Jun 30, 2023 | 63.27 Mn |
| Mar 31, 2023 | 64.30 Mn |
| Dec 31, 2022 | 64.63 Mn |
| Sep 30, 2022 | 28.03 Mn |
| Jun 30, 2022 | 30.28 Mn |
| Mar 31, 2022 | 32.76 Mn |
| Dec 31, 2021 | 34.75 Mn |
| Sep 30, 2021 | 36.44 Mn |
Forum Energy Technologies Operating Leases 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=operating-leases&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();