Forum Energy Technologies (FET) Operating Margin (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Operating Margin came in at 9.07% in Q2 2026, up 172.0% on a YoY basis from 3.33% in Q2 2025, and up 71.91% quarter-over-quarter from 5.27% in Q1 2026.
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Forum Energy Technologies (FET) Operating Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Operating Margin for 16 consecutive years, with 9.07% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 172.0% year-over-year to 9.07%; the trailing twelve-month figure through Jun 2026 stood at 4.58% (up 1386.0% YoY), and the FY2025 full-year result was 3.81%, up 1444.0% from the prior year.
- Operating Margin improved to 9.07% in Q2 2026 per FET's latest filing, from 5.27% in the prior quarter.
- Across five years, Operating Margin topped out at 9.07% in Q2 2026 and bottomed at 53.14% in Q4 2024.
- Historically, Operating Margin has averaged 0.34% across 5 years, with a median of 3.75% in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 5410 bps in 2024, then soared 5945 bps in 2025.
- Over 5 years, Operating Margin stood at 4.9% in 2022, then plunged by 80 bps to 0.96% in 2023, then plunged by 5607 bps to 53.14% in 2024, then surged by 112 bps to 6.31% in 2025, then surged by 44 bps to 9.07% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 9.07%, 5.27%, and 6.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.90 Bn | 28.66 Bn | 1.40 Bn | -31.83% |
| 2 | Nov | 7.60 Bn | 6.44 Bn | 521.00 Mn | 12.28% |
| 3 | Cactus | 4.75 Bn | 4.38 Bn | 215.38 Mn | 18.59% |
| 4 | Enerflex | 2.76 Bn | 2.68 Bn | 139.00 Mn | 9.97% |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn | 13.79% |
| 6 | Forum Energy Technologies | 916.01 Mn | 882.30 Mn | 71.35 Mn | 9.07% |
| 7 | Flowco Holdings | 890.58 Mn | 890.58 Mn | 49.17 Mn | 17.48% |
| 8 | Oil States International | 502.04 Mn | 482.24 Mn | 38.71 Mn | 7.48% |
| 9 | OMS Energy Technologies | 192.37 Mn | 38.41 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -14.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.07% |
| 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% |