Forum Energy Technologies (FET) Operating Margin (2011 - 2026)
Forum Energy Technologies (FET) reported Operating Margin of 5.27% for Q1 2026, up 72.0% on a YoY basis from 3.07% in Q1 2025, and down 16.47% quarter-over-quarter from 6.31% in Q4 2025.
Forum Energy Technologies (FET) Operating Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Operating Margin for 16 years, with the latest figure at 5.27% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 72.0% year-over-year to 5.27%; the trailing twelve-month figure through Mar 2026 stood at 4.01% (up 1406.0% YoY), and the FY2025 full-year result was 3.81%, up 1444.0% from the prior year.
- Operating Margin for Q1 2026 stood at 5.27%, down from 6.31% in the prior quarter.
- The five-year high for Operating Margin was 7.35% in Q2 2025, with the low at 53.14% in Q4 2024.
- Historically, Operating Margin has averaged 0.17% across 5 years, with a median of 3.63% in 2023.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 5410 bps — and 2025, when it surged 5945 bps.
- Forum Energy Technologies' Operating Margin stood at 4.9% in 2022, then slumped by 80 bps to 0.96% in 2023, then slumped by 5607 bps to 53.14% in 2024, then soared by 112 bps to 6.31% in 2025, then fell by 16 bps to 5.27% in 2026.
- The last three Operating Margin figures came in at 5.27% (Q1 2026), 6.31% (Q4 2025), and 3.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 15.64% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 30.89% |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 5.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.27% |
| Dec 31, 2025 | 6.31% |
| Sep 30, 2025 | -3.11% |
| Jun 30, 2025 | 7.35% |
| Mar 31, 2025 | 4.56% |
| Dec 31, 2024 | -53.14% |
| Sep 30, 2024 | 4.29% |
| Jun 30, 2024 | 3.87% |
| Mar 31, 2024 | 1.58% |
| Dec 31, 2023 | 0.96% |
| Sep 30, 2023 | 3.16% |
| Jun 30, 2023 | 3.45% |
| Mar 31, 2023 | 3.63% |
| Dec 31, 2022 | 4.90% |
| Sep 30, 2022 | 4.24% |
| Jun 30, 2022 | 3.47% |
| Mar 31, 2022 | -3.68% |
| Dec 31, 2021 | -8.85% |
| Sep 30, 2021 | -5.23% |
| Jun 30, 2021 | -7.00% |