Forum Energy Technologies (FET) Tax Rate (2011 - 2026)
Forum Energy Technologies' Tax Rate came in at 22.50% for Q2 2026, down 22.18 percentage points from 44.68% a year earlier and down 16.76 percentage points from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Tax Rate (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forum Energy Technologies reported Tax Rate of 107.43%, up 118.47 percentage points year-over-year; for FY2025, it came in at 158.24%, up 163.61 percentage points from FY2024.
- Tax Rate carries a five-year change of +146.50 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -5.37% in FY2024 (+136.19 pp), -141.57% in FY2023 (-205.70 pp), 64.13% in FY2022 (+64.91 pp) and -0.78% in FY2021 (-12.52 pp).
- The five-year range for quarterly Tax Rate is -420.30% (Q1 2023) to 77.73% (Q1 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +22.07 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2024 (a gain of 368.32 percentage points), and the weakest in Q1 2023 (a drop of 394.43 percentage points).
- Business Quant data shows FET's Tax Rate at 39.26% (Q1 2026), 74.43% (Q4 2025) and -96.37% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 41.69% |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 22.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.50% |
| Mar 31, 2026 | 39.26% |
| Dec 31, 2025 | 74.43% |
| Jun 30, 2025 | 44.68% |
| Mar 31, 2025 | 77.73% |
| Sep 30, 2023 | 15.88% |
| Sep 30, 2022 | 7.84% |
| Jun 30, 2022 | 15.63% |
| Dec 31, 2017 | 42.31% |
| Sep 30, 2015 | 12.18% |
| Jun 30, 2015 | 17.73% |
| Mar 31, 2015 | 27.01% |
| Dec 31, 2014 | 25.47% |
| Sep 30, 2014 | 29.00% |
| Jun 30, 2014 | 28.04% |
| Mar 31, 2014 | 30.01% |
| Dec 31, 2013 | 29.00% |
| Sep 30, 2013 | 29.56% |
| Jun 30, 2013 | 30.39% |
| Mar 31, 2013 | 32.50% |
API Access
Forum Energy Technologies Tax Rate 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=tax-rate&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();