Forum Energy Technologies (FET) Return on Capital Employed [ROCE] (2012 - 2026)
Forum Energy Technologies' Return on Capital Employed [ROCE] was 6.99% in Q2 2026, up 19.43 percentage points from -12.45% a year earlier and up 1.10 percentage points from the prior quarter.
Forum Energy Technologies (FET) Return on Capital Employed [ROCE] (2012 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Forum Energy Technologies came in at 5.22%, up 19.29 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +30.95 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -14.07% in FY2024 (-17.39 pp), 3.32% in FY2023 (+0.45 pp), 2.87% in FY2022 (+9.57 pp) and -6.69% in FY2021 (+19.04 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q3 2015.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for three straight quarters, with an average year-over-year change of -1.20 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 22.44 percentage points); the worst was Q3 2025 (a drop of 18.51 percentage points).
- Per Business Quant data, FET's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 5.89% (Q1 2026), 5.43% (Q4 2025) and -15.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 11.42% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 9.65% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | -133.92% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 13.06% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 5.00% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 5.17% |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | -7.15% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 16.47% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 8.25% |
| 10 | Forum Energy Technologies | 934.23 Mn | 796.67 Mn | 71.35 Mn | 6.99% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.99% |
| Mar 31, 2026 | 5.89% |
| Dec 31, 2025 | 5.43% |
| Sep 30, 2025 | -15.41% |
| Jun 30, 2025 | -12.45% |
| Mar 31, 2025 | -13.34% |
| Dec 31, 2024 | -12.52% |
| Sep 30, 2024 | 3.10% |
| Jun 30, 2024 | 2.31% |
| Mar 31, 2024 | 2.34% |
| Dec 31, 2023 | 3.34% |
| Sep 30, 2023 | 4.50% |
| Jun 30, 2023 | 4.76% |
| Mar 31, 2023 | 4.68% |
| Dec 31, 2022 | 2.88% |
| Sep 30, 2022 | -0.85% |
| Jun 30, 2022 | -3.29% |
| Mar 31, 2022 | -5.98% |
| Dec 31, 2021 | -7.18% |
| Sep 30, 2021 | -21.30% |
Forum Energy Technologies Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();