Forum Energy Technologies (FET) Tax Rate (2011 - 2026)
Forum Energy Technologies (FET) reported Tax Rate of 39.26% for Q1 2026, down 3779.0% on a YoY basis from 1.07% in Q1 2025, and down 47.59% quarter-over-quarter from 74.91% in Q4 2025.
Forum Energy Technologies (FET) Tax Rate (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Tax Rate for 16 years, with the latest figure at 39.26% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3779.0% year-over-year to 39.26%; the trailing twelve-month figure through Mar 2026 stood at 132.98% (up 13909.0% YoY), and the FY2025 full-year result was 158.24%, up 16361.0% from the prior year.
- Tax Rate for Q1 2026 stood at 39.26%, down from 74.91% in the prior quarter.
- The five-year high for Tax Rate was 77.05% in Q1 2025, with the low at 417.91% in Q1 2023.
- Historically, Tax Rate has averaged 30.25% across 5 years, with a median of 15.6% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 39269 bps — and 2024, when it surged 36634 bps.
- Forum Energy Technologies' Tax Rate stood at 15.6% in 2022, then sank by 165 bps to 41.34% in 2023, then soared by 108 bps to 3.49% in 2024, then surged by 2047 bps to 74.91% in 2025, then plunged by 48 bps to 39.26% in 2026.
- The last three Tax Rate figures came in at 39.26% (Q1 2026), 74.91% (Q4 2025), and 96.13% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 39.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.26% |
| Mar 31, 2026 | 39.26% |
| Dec 31, 2025 | 74.91% |
| Dec 31, 2025 | 74.91% |
| Sep 30, 2025 | -96.13% |
| Sep 30, 2025 | -96.13% |
| Jun 30, 2025 | 44.68% |
| Jun 30, 2025 | 44.68% |
| Mar 31, 2025 | 77.05% |
| Mar 31, 2025 | 77.05% |
| Dec 31, 2024 | 3.49% |
| Dec 31, 2024 | 3.49% |
| Sep 30, 2024 | -45.08% |
| Sep 30, 2024 | -45.08% |
| Jun 30, 2024 | -59.66% |
| Jun 30, 2024 | -59.66% |
| Mar 31, 2024 | -51.57% |
| Mar 31, 2024 | -51.57% |
| Dec 31, 2023 | -41.34% |
| Dec 31, 2023 | -41.34% |