Forum Energy Technologies (FET) Operating Margin (2011 - 2026)
Forum Energy Technologies' Operating Margin came in at 9.07% for Q2 2026, up 1.72 percentage points from 7.35% a year earlier and up 3.79 percentage points from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Operating Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forum Energy Technologies reported Operating Margin of 4.58%, up 13.86 percentage points year-over-year; for FY2025, it was 3.81%, up 14.44 percentage points from FY2024.
- Operating Margin carries a five-year change of +49.01 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -10.63% in FY2024 (-13.43 pp), 2.80% in FY2023 (+0.33 pp), 2.48% in FY2022 (+10.70 pp) and -8.22% in FY2021 (+36.97 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q1 2015.
- Year-over-year, Operating Margin has increased for three consecutive quarters, with an average year-over-year change of +1.00 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 83.34 percentage points), and the weakest in Q4 2024 (a drop of 54.10 percentage points).
- Business Quant data shows FET's Operating Margin at 5.27% (Q1 2026), 6.31% (Q4 2025) and -3.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 11.94% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 12.74% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | -57.68% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 13.62% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 9.04% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 4.23% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 15.73% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 9.68% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 9.48% |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 9.07% |
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% |
API Access
Forum Energy Technologies Operating Margin 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-margin&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();