Forum Energy Technologies (FET) Tax Rate (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Tax Rate of 22.5% for Q2 2026, down 2218.0% year-over-year from 1.06% in Q2 2025, and down 42.69% on a QoQ basis from 39.26% in Q1 2026.
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 22.5% in Q2 2026.
- Tax Rate for Q2 2026 came in at 22.5%, down 2218.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 107.43% (up 11847.0% YoY), and the FY2025 annual result was 158.24%, up 16361.0% from the prior year.
- Tax Rate eased to 22.5% in Q2 2026, from 39.26% in the prior quarter.
- Over five years, Tax Rate peaked at 77.73% in Q1 2025 and troughed at 420.3% in Q1 2023.
- A 5-year average of 27.47% and a median of 5.88% in 2024 frame the typical range for Tax Rate.
- The widest annual swing landed in 2023, when Tax Rate plunged 39443 bps; it then soared 36832 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 15.25% in 2022, then tumbled by 168 bps to 40.95% in 2023, then jumped by 109 bps to 3.49% in 2024, then soared by 2034 bps to 74.43% in 2025, then tumbled by 70 bps to 22.5% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.5% in Q2 2026, 39.26% in Q1 2026, and 74.43% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.83 Bn | 75.76 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.02 Bn | 46.29 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 52.91 Bn | 43.88 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.94 Bn | 29.70 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.51 Bn | 27.47 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.26 Bn | 6.10 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.56 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.69 Bn | 5.55 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.54 Bn | 5.54 Bn | 244.51 Mn | 27.77% |
| 10 | Forum Energy Technologies | 880.49 Mn | 846.78 Mn | 71.35 Mn | 22.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.50% |
| Jun 30, 2026 | 22.50% |
| Jun 30, 2026 | 22.50% |
| Mar 31, 2026 | 39.26% |
| Mar 31, 2026 | 39.26% |
| Mar 31, 2026 | 39.26% |
| Dec 31, 2025 | 74.91% |
| Dec 31, 2025 | 74.91% |
| Dec 31, 2025 | 74.91% |
| Sep 30, 2025 | -96.13% |
| Sep 30, 2025 | -96.13% |
| Sep 30, 2025 | -96.13% |
| Jun 30, 2025 | 44.68% |
| Jun 30, 2025 | 44.68% |
| Jun 30, 2025 | 44.68% |
| Mar 31, 2025 | 77.73% |
| Mar 31, 2025 | 77.73% |
| Mar 31, 2025 | 77.73% |
| Dec 31, 2024 | 3.49% |
| Dec 31, 2024 | 3.49% |