Forum Energy Technologies (FET) Tax Rate (2011 - 2026)

Forum Energy Technologies (FET) posted Tax Rate of 39.26% for Q1 2026, down 47.59% on a QoQ basis from 74.91% in Q4 2025, and down 3847.0% year-over-year from 1.05% in Q1 2025.

Forum Energy Technologies (FET) Tax Rate (2011 - 2026) Analysis & Trends

Forum Energy Technologies' Tax Rate history runs 16 years deep, the most recent figure standing at 39.26% for Q1 2026.

  • Quarterly Tax Rate fell 3847.0% year-over-year to 39.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 132.98% (up 13913.0% YoY) and the FY2025 annual result came in at 158.24%, up 16361.0% from the prior year.
  • Tax Rate was 39.26% for Q1 2026 at Forum Energy Technologies, down from 74.91% in the prior quarter.
  • Across five years, Tax Rate topped out at 77.73% in Q1 2025 and bottomed at 420.3% in Q1 2023.
  • A 5-year average of 30.32% and a median of 15.6% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 39507 bps — and 2024, when it jumped 36873 bps.
  • Forum Energy Technologies' Tax Rate stood at 15.6% in 2022, then tumbled by 165 bps to 41.34% in 2023, then surged by 108 bps to 3.49% in 2024, then jumped by 2047 bps to 74.91% in 2025, then slumped by 48 bps to 39.26% in 2026.
  • Business Quant data shows FET's Tax Rate at 39.26% in Q1 2026, 74.91% in Q4 2025, and 96.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 20.40
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 26.95
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 18.45
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 42.86
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 44.00
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.96
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 34.15
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 13.39
10 Forum Energy Technologies 643.80 Mn 606.31 Mn 60.99 Mn 39.26

Historic Data

Download Data
DateValue
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
Dec 31, 2024 3.49
Sep 30, 2024 -45.19
Sep 30, 2024 -45.19