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Forum Energy Technologies (FET) Tax Provisions (2016 - 2025)

Forum Energy Technologies (FET) has disclosed Tax Provisions for 11 consecutive years, with $2.5 million as the latest value for Q2 2024.

  • For the quarter ending Q2 2024, Tax Provisions rose 32.7% year-over-year to $2.5 million, compared with a TTM value of $10.7 million through Jun 2024, up 29.4%, and an annual FY2023 reading of $11.1 million, up 66.67% over the prior year.
  • Tax Provisions was $2.5 million for Q2 2024 at Forum Energy Technologies, down from $3.5 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $19.0 million in Q4 2020 and bottomed at -$14.4 million in Q1 2020.
  • Average Tax Provisions over 4 years is $2.0 million, with a median of $1.9 million recorded in 2022.
  • Peak annual rise in Tax Provisions hit 51.97% in 2023, while the deepest fall reached 9.79% in 2023.
  • Year by year, Tax Provisions stood at $19.0 million in 2020, then crashed by 90.98% to $1.7 million in 2022, then rose by 9.79% to $1.9 million in 2023, then skyrocketed by 32.7% to $2.5 million in 2024.
  • Business Quant data shows Tax Provisions for FET at $2.5 million in Q2 2024, $3.5 million in Q1 2024, and $1.9 million in Q2 2023.